Unfortunately, about 70% of customers kept their policy with the same company for a minimum of four years, and almost 40% of drivers have never quoted rates to find affordable coverage. American consumers can cut their rates by roughly $850 a year by just shopping around, but they just don’t want to compare rates.
Really, the only way to find cheaper prices for auto insurance rates is to start comparing rates regularly from providers in San Francisco.
- Try to learn a little about policy coverages and the measures you can control to prevent rate increases. Many rating criteria that result in higher prices like inattentive driving and a less-than-favorable credit history can be rectified by being financially responsible and driving safely. Continue reading for additional ideas to get lower rates and find additional discounts.
- Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO or State Farm, while independent agencies can provide price quotes for a wide range of companies. Select a company
- Compare the new rate quotes to your existing policy and determine if there is any savings. If you find better rates and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Provide written notification to your current company of your intention to cancel the current policy and submit a signed application and payment to the new insurer. As soon as you receive it, keep your new certificate verifying proof of insurance in an accessible location in your vehicle.
The most important part of this process is to make sure you enter similar coverage information on each price quote and and to analyze as many different insurance providers as possible. Doing this ensures an apples-to-apples comparison and the most accurate and complete price analysis.
If you already have coverage or need new coverage, use these money-saving tips to lower your rates while maintaining coverages. Finding the cheapest coverage in San Francisco is really not that difficult. Smart buyers just have to know the quickest method to shop their coverage around over the internet.
Jeep Liberty insurance rates and statistics
The information shown below covers a range of insurance rates for Jeep Liberty models. Learning more about how premiums are calculated can help you make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $256 | $464 | $500 | $30 | $150 | $1,400 | $117 |
| Liberty Limited 2WD | $294 | $464 | $500 | $30 | $150 | $1,438 | $120 |
| Liberty Renegade 4WD | $294 | $464 | $500 | $30 | $150 | $1,438 | $120 |
| Liberty Sport 4WD | $294 | $464 | $500 | $30 | $150 | $1,438 | $120 |
| Liberty Limited 4WD | $294 | $564 | $500 | $30 | $150 | $1,538 | $128 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Estimates do not factor in specific zip code location which can lower or raise price quotes greatly.
The chart below illustrates how your choice of deductibles and can influence Jeep Liberty premium costs for different age groups of insureds. The costs are based on a married female driver, full physical damage coverage, and no additional discounts are factored in.
Full coverage rates compared to liability-only
The illustration below shows the comparison of Jeep Liberty auto insurance rates when comparing full coverage to state minimum liability only. The data assumes no claims or driving citations, $100 deductibles, single status, and no other discounts are factored in.
When to buy liability coverage only
There isn’t a steadfast formula that is best for determining when to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your Jeep Liberty book value is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $3,000 after you pay the deductible. If you are paying more than $300 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some situations where buying only liability insurance is not recommended. If you still have a lienholder on your title, you have to keep full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.
Why You Might Pay Higher Rates in San Francisco
Many factors are used when pricing auto insurance. A few of the factors are predictable such as your driving record, but other criteria are not as apparent such as whether you are married or your commute time. Part of the car insurance buying process is learning the different types of things that come into play when calculating your car insurance rates. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that can earn you lower rates.
The factors shown below are some of the major factors car insurance companies consider when setting your prices.
If you don’t need it don’t buy it – There are quite a few optional add-on coverages that can waste your money on your Liberty policy. Things like coverage for rental cars, better glass coverage, and motor club memberships are probably not needed. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate them to save money.
Costs go up with performance – The performance of the vehicle you are buying insurance for makes a big difference in how high your rates are. The cheapest rates are for small economy passenger cars, but many other things help determine your insurance rates.
The following chart is based on a married male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Jeep Liberty rates compared to other makes and models that have different risk factors.
Gender and auto insurance costs – Statistics show that women are safer drivers than men. That doesn’t necessarily mean that females are better at driving than males. Both genders cause fender benders at about the same rate, but men cause more damage and cost insurance companies more money. Men also get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly.
The example below compares Jeep Liberty insurance premiums for male and female drivers. The premiums are based on no claims or driving violations, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Combine policies to earn discounts – Most car insurance companies allow a discount to clients that have more than one policy. It’s known as a multi-policy discount. The amount of the discounts can be ten or even up to twenty percent in some cases. Even with this discount applied, consumers should still get quotes from other companies to guarantee you are still saving the most.
Costs can change based on your address – Having an address in a rural area is a positive aspect when talking about car insurance. Drivers in populated areas have more traffic problems and a longer drive to work. Less people translates into fewer accident claims as well as less vandalism and auto theft.
Never let your coverage lapse – Driving any period of time without insurance can get you a ticket and companies may charge more for letting your coverage have a gap. In addition to paying higher rates, the inability to provide proof of insurance could result in fines or a revoked license. You may then be required to prove you have insurance by filing a SR-22 with the California motor vehicle department.
Better drivers pay the best rates – A bad driving record has a big impact on rates. Careful drivers pay less for auto insurance as compared to those with violations. Even one citation may cause rates to rise by as much as twenty percent. Drivers with careless violations such as hit and run, DWI or reckless driving convictions may be required to prove financial responsibility with their state DMV in order to keep their license.
The diagram below shows how speeding tickets and fender-benders can affect Jeep Liberty car insurance rates for different insured age categories. The premiums assume a married male driver, full coverage, $500 deductibles, and no policy discounts are applied.
Don’t give up on affordable rates
Cheaper auto insurance in San Francisco is attainable on the web and from local agencies, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not provide online quoting and usually these smaller providers only sell coverage through local independent agencies.
You just read a lot of tips how to reduce Jeep Liberty insurance premium rates online in San Francisco. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even find the best premium rates are with some of the smallest insurance companies. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.
To read more, feel free to visit these articles:
- Event Data Recorders FAQ (iihs.org)
- Who Has Cheap Auto Insurance for a Subaru Impreza in San Francisco? (FAQ)
- What Car Insurance is Cheapest for Inexperienced Drivers in San Francisco? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Used Cars in San Francisco? (FAQ)
- Liability Insurance Coverage (Nationwide)
- Protect Yourself Against Auto Theft (Insurance Information Institute)