Are you researching more affordable Jeep Cherokee insurance in Milwaukee? Shopping for low cost Jeep Cherokee insurance probably sounds like a formidable task if you are like most people and have never completed online rate quotes. Don’t let the process intimidate you because using the internet to shop for Jeep Cherokee insurance in Milwaukee is actually quite easy.
A recent insurance study discovered that almost 70% of insureds renewed their policy with the same company for over three years, and nearly the majority have never compared rates to find cheap insurance. With the average premium in Wisconsin being $1,300, drivers could save themselves approximately $370 a year just by shopping around, but they don’t know how much savings they would realize if they switched to a cheaper policy.
Buying the cheapest insurance in Milwaukee is not rocket science. If you are paying for car insurance now, you will surely be able to buy cheaper insurance using the ideas presented in this article. Nevertheless, Wisconsin consumers can benefit from knowing how the larger insurance companies market on the web and use it to find better rates.
Companies offering Jeep Cherokee insurance in Milwaukee
The companies shown below offer free quotes in Milwaukee, WI. If multiple companies are listed, we suggest you visit two to three different companies to get a more complete price comparison.
These discounts can slash Jeep Cherokee insurance rates
Companies do not advertise all discounts in a way that’s easy to find, so we researched both well-publicized in addition to some of the lesser obvious insurance savings. If you check and find you aren’t receiving every discount you qualify for, you are just wasting money.
- Cautious Driver Discounts – Safe drivers can pay as much as 50% less compared to rates paid by drivers with frequent claims.
- Senior Citizen Discount – Mature drivers may receive better insurance rates.
- Discount for Low Mileage – Driving fewer miles could earn lower premium rates on the low mileage vehicles.
- Milwaukee Homeowners Pay Less – Owning a house in Milwaukee can save you money since home ownership means you have a higher level of financial diligence.
- Braking Control Discount – Vehicles equipped with ABS or steering control have fewer accidents so companies give up to a 10% discount.
- Safety Course Discount – Participating in a defensive driver course could cut 5% off your bill if your company offers it.
As a footnote on discounts, some of the credits will not apply to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. Even though it appears all the discounts add up to a free policy, insurance companies wouldn’t stay in business. Any qualifying discounts will definitely reduce the amount you pay for coverage.
Larger insurance companies and their possible discounts are shown below.
- State Farm offers premium reductions for driver’s education, multiple autos, multiple policy, accident-free, anti-theft, Drive Safe & Save, and good driver.
- Liberty Mutual discounts include new move discount, multi-car, good student, preferred payment discount, and safety features.
- American Family may offer discounts for Steer into Savings, good student, accident-free, air bags, good driver, TimeAway discount, and multi-vehicle.
- Progressive includes discounts for good student, multi-policy, online signing, multi-vehicle, and continuous coverage.
- Farmers Insurance may include discounts for youthful driver, pay in full, alternative fuel, multi-car, early shopping, mature driver, and homeowner.
- Auto-Owners Insurance offers discounts including good student, paid in full, student away at school, anti-lock brakes, multiple vehicles, multi-policy, and teen driver.
- SAFECO offers discounts for anti-lock brakes, anti-theft, homeowner, teen safe driver, and multi-car.
When getting free Milwaukee auto insurance quotes, it’s a good idea to every company the best way to save money. All car insurance discounts might not be offered in your state.
Why Your Insurance Prices might be higher
A large part of saving on car insurance is knowing some of the things that are used to determine your policy premiums. If you have a feel for what impacts premium levels, this enables informed choices that will entitle you to lower premium levels.
The items below are a few of the things used by companies to determine your rate level.
- Credit score impacts premium costs – A driver’s credit history can be a huge factor in calculating your car insurance rates. Consumers who have very high credit ratings tend to file fewer claims than drivers with poor credit. If your credit score can be improved, you could potentially save money when insuring your Jeep Cherokee by improving your rating.
- Save money by raising physical damage deductibles – Deductibles for physical damage state the amount of money the insured will be required to pay if you file a covered claim. Physical damage protection, aka comp and collision, is used to repair damage to your car. Some instances where coverage would apply are rearending another vehicle, collision with a deer, and damage caused by road hazards. The higher the amount you’re willing to pay, the bigger discount you will receive.
- Lower rates for safer vehicles – Vehicles that have high safety ratings tend to be cheaper to insure. Highly rated vehicles protect occupants better and fewer injuries means lower claim amounts and more competitive rates for policyholders. If the Jeep Cherokee is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
- Guys tend to take more risk – Over time, data shows that men are more aggressive behind the wheel. It does not mean females are better drivers. Both genders are responsible for auto accidents in similar percentages, but the males cause more damage and cost insurance companies more money. Men also get more serious tickets like driving under the influence (DUI).
- Rates go up with performance – The type of car you are trying to find cheaper insurance for makes a substantial difference in how high your rates are. The most favorable rates are generally reserved for lower performance four cylinder passenger cars, but there are many factors that impact the final cost. Due to the fact that the Jeep Cherokee is a standard SUV, insuring your vehicle will cost slightly more as compared to the average rate in Milwaukee.
- Remove unneeded extra coverages – Policies have extra add-on coverages that you can buy on your Cherokee policy. Coverages for roadside assistance, high-cost glass coverage, and motor club memberships are probably not needed. These coverages may sound good when discussing your needs, but if you don’t need them get rid of them and save.
- Jeep Cherokee insurance loss probability – Insurance companies use past loss statistics for each vehicle to help calculate premium costs. Models that have increased losses will have higher rates. The next table shows the historical loss data for Jeep Cherokee vehicles.
For each type of coverage, the statistical loss for all vehicles, regardless of manufacturer or model, is equal to 100. Percentage numbers below 100 imply a favorable loss record, while percentages above 100 point to more claims or statistically larger claims.
Jeep Cherokee Insurance Claim Statistics
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Jeep Cherokee 4dr 2WD 76 105 77 87 90 109 Jeep Cherokee 4dr 4WD 78 115 82 75 79 103 Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Independent and exclusive insurance agencies
Some people prefer to go talk to an agent and that can be a great decision One of the great benefits of comparing rates online is that you can obtain the lowest rates and still choose a local agent.
By using this quick form, your insurance data is submitted to local insurance agents who can give free rate quotes for your coverage. It simplifies rate comparisons since you won’t have to contact an agency due to the fact that quote results will go straight to your inbox. You can find the lowest rates and work with a local agent. If you have a need to quote rates from one company in particular, you would need to find their quoting web page and complete a quote there.
Choosing an company requires more thought than just the bottom line cost. Here are some questions you should ask.
- Are there any extra charges for paying monthly?
- Who is covered by the car insurance policy?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Do they make recommendations based only on price?
- Will the agent help in case of a claim?
- Do they offer accident forgiveness?
- How are they compensated?
- Does the agency have a good rating with the Better Business Bureau?
Is an exclusive or independent auto insurance agent right for you?
When narrowing the list to find a good Milwaukee insurance agent, it’s helpful to know the types of agencies and how they differ in how they quote coverages. Car insurance agents are categorized either independent agents or exclusive agents depending on their employer.
Exclusive Agencies
These type of agents can only provide pricing for a single company like State Farm, AAA, and Liberty Mutual. These agents are not able to provide prices from multiple companies so they have no alternatives for high prices. Exclusive insurance agents are usually quite knowledgeable on the products they sell and that enables them to sell even at higher rates. Some people will only use the same exclusive agent primarily because of the prominence of the brand and the convenience of having all coverages with one company.
Shown below is a list of exclusive agencies in Milwaukee willing to provide rate quotes.
- Farmers Insurance – Walt Buckhanan
5406 N Lovers Lane Rd – Milwaukee, WI 53225 – (414) 269-8945 – View Map - American Family Insurance – Edward Thomas
4641 W Forest Home Ave – Milwaukee, WI 53219 – (414) 327-4770 – View Map - Progressive Insurance – Milwaukee Service Center
3442 S 103rd St – Milwaukee, WI 53227 – (414) 944-5200 – View Map
Independent Agencies or Brokers
Independent insurance agents are not employed by one company and that allows them to write policies with an assortment of companies and potentially find a lower price. If your premiums go up, an independent agent can move your coverage which requires no work on your part. When comparison shopping, we highly recommend that you include price quotes from a few independent agents to have the best price comparison. Many independent agencies also insure through mutual insurance companies which may provide better rates.
The following is a short list of independent agencies in Milwaukee that are able to give rate quotes.
- Santiago Insurance Agency
828 W Historic Mitchell St – Milwaukee, WI 53204 – (414) 727-8284 – View Map - B and J Insurance Agency, Inc.
4234 N 76th St – Milwaukee, WI 53222 – (414) 461-4120 – View Map - Tilley Insurance
12344 W Layton Ave – Milwaukee, WI 53228 – (414) 235-3561 – View Map
Once you have answers to your satisfaction to any questions you have as well as offering an affordable quote, it’s possible that you found an auto insurance agent that is reliable enough to properly service your car insurance policy.
Smaller companies may have the best rates
Big name companies like Progressive, Allstate and GEICO constantly bombard you with ads on television and other media. All the ads make an identical promise that drivers can save some big amount if you get a free Milwaukee auto insurance quote and switch your car insurance policy to them. How does every company lower your prices? This is how they do it.
Different companies have underwriting criteria for the type of customer that will generate a profit. One example of a profitable customer might be married and over the age of 30, is a homeowner, and insures a new vehicle. Any new insured who fits that profile will get a cheap rate quote in Milwaukee and have a good chance to save some money.
Insureds who fall short of these standards will be quoted higher premiums which translates to the driver buying from a lower-cost company. If you pay attention, the ads say “customers that switch” but not “everyone who gets a quote” save that much when switching. That’s the way insurance companies can make it sound like they have such great auto insurance rates. This really drives home the point why it is so important to compare price quotes frequently. It’s just not possible to know which insurance companies will fit your personal profile best.
Cheaper auto insurance premiums are possible
As you quote Milwaukee auto insurance, never buy less coverage just to save a little money. In many cases, someone sacrificed liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to buy a smart amount of coverage at the best possible price, but don’t skip important coverages to save money.
In this article, we presented quite a bit of information on how to save on Jeep Cherokee insurance in Milwaukee. The key thing to remember is the more providers you compare, the higher the chance of saving money. Consumers could even find that the best price on auto insurance is with a company that doesn’t do a lot of advertising.
Consumers switch companies for a variety of reasons including policy cancellation, poor customer service, delays in responding to claim requests or even delays in paying claims. No matter why you want to switch, finding a new auto insurance company can be less work than you think.
Other information
- Distracted Driving (Insurance Information Institute)
- How Much is Auto Insurance After a Speeding Ticket in Milwaukee? (FAQ)
- Who Has Cheap Milwaukee Auto Insurance Rates for Teenage Males? (FAQ)
- How Much are Car Insurance Rates for Drivers with Accidents in Milwaukee? (FAQ)
- Who Has the Cheapest Car Insurance for Young Drivers in Milwaukee? (FAQ)
- Who Has Cheap Milwaukee Car Insurance for a Toyota Corolla? (FAQ)
- Red Light Cameras (State Farm)
- Airbag FAQ (iihs.org)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)