Everyone knows that auto insurance companies want to prevent you from shopping around. Consumers who shop around for cheaper rates are highly likely to switch to a new company because the odds are good of finding more affordable rates. A survey found that people who regularly shopped around saved as much as $865 annually as compared to drivers who never shopped for cheaper rates.
If finding budget-friendly rates on Jeep Liberty insurance in Boston is why you’re reading this, then understanding how to compare auto insurance can help simplify the process.
If saving money is your primary concern, then the best way to find affordable quotes for car insurance rates in Boston is to make a habit of regularly comparing prices from insurers in Massachusetts.
First, get an understanding of how car insurance works and the things you can change to prevent expensive coverage. Many rating factors that increase rates like tickets, at-fault accidents, and a poor credit score can be controlled by making small lifestyle or driving habit changes.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive and State Farm, while independent agents can provide prices from multiple companies.
Third, compare the new quotes to the price on your current policy and determine if cheaper Liberty coverage is available in Boston. If you find better rates and change companies, make sure there is no coverage gap between policies.
Fourth, give proper notification to your current agent or company to cancel the current policy and submit any necessary down payment along with the completed application for the new policy. Once coverage is bound, put the new certificate verifying coverage in your vehicle.
An essential thing to point out is to compare identical coverages on every quote request and and to get price quotes from as many carriers as you can. Doing this helps ensure the most accurate price comparison and the best price selection.
If you are already insured or just want to save money, you can use these tips to get lower rates while maintaining coverages. Finding quotes for cheaper car insurance coverage in Boston is not as hard as you may think. Comparison shoppers just have to know the proper way to compare insurance rates from many different companies online.
Companies offering Jeep Liberty insurance in Boston
The auto insurance companies shown below provide price comparisons in Massachusetts. To locate cheap car insurance in MA, it’s a good idea that you compare several of them to get the lowest price.
Car insurance data for a Jeep Liberty
The information shown next showcases detailed analysis of policy rates for Jeep Liberty models. Being able to understand how auto insurance policy rates are figured can help guide drivers when making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $216 | $418 | $350 | $20 | $106 | $1,110 | $93 |
| Liberty Limited 2WD | $248 | $418 | $350 | $20 | $106 | $1,142 | $95 |
| Liberty Renegade 4WD | $248 | $418 | $350 | $20 | $106 | $1,142 | $95 |
| Liberty Sport 4WD | $248 | $418 | $350 | $20 | $106 | $1,142 | $95 |
| Liberty Limited 4WD | $248 | $510 | $350 | $20 | $106 | $1,234 | $103 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Information does not factor in specific location which can alter premiums significantly.
Physical damage deductibles: Should you raise them?
One frequently asked question is how high should the deductibles for physical damage be. The data tables below outline the rate fluctuation when you buy lower versus higher deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $250 | $426 | $334 | $20 | $100 | $1,155 | $96 |
| Liberty Limited 2WD | $288 | $426 | $334 | $20 | $100 | $1,193 | $99 |
| Liberty Renegade 4WD | $288 | $426 | $334 | $20 | $100 | $1,193 | $99 |
| Liberty Sport 4WD | $288 | $426 | $334 | $20 | $100 | $1,193 | $99 |
| Liberty Limited 4WD | $288 | $520 | $334 | $20 | $100 | $1,287 | $107 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $140 | $224 | $334 | $20 | $100 | $818 | $68 |
| Liberty Limited 2WD | $160 | $224 | $334 | $20 | $100 | $838 | $70 |
| Liberty Renegade 4WD | $160 | $224 | $334 | $20 | $100 | $838 | $70 |
| Liberty Sport 4WD | $160 | $224 | $334 | $20 | $100 | $838 | $70 |
| Liberty Limited 4WD | $160 | $274 | $334 | $20 | $100 | $888 | $74 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Rate quotes do not factor in garaging location in Boston which can raise or lower premium rates considerably.
Based on the figures above, using a $100 deductible costs an average of $30 more each month or $360 each year than quoting the higher $1,000 deductible. Because you would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 30 months between claim filings, you would come out ahead if you choose a higher deductible. Below is how this calculation is made.
| Average monthly premium for $100 deductibles: | $100 |
| Average monthly premium for $1,000 deductibles (subtract): | – $70 |
| Monthly savings from raising deductible: | $30 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $30 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 30 months |
An important thing to remember is that increasing deductibles to save money means you will have to pay more when you do file a claim. You must have some extra funds in the event you have to pay the deductible to have repairs made.
Comparison of car insurance rates by gender
The illustration below shows the comparison of Jeep Liberty insurance rates for male and female drivers. The premium estimates are based on a clean driving record, no at-fault accidents, full coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.
Comparison of full coverage and liability-only policies
The example below illustrates the comparison of Jeep Liberty auto insurance rates with full coverage and liability only. The premiums assume no claims or violations, $250 deductibles, drivers are not married, and no additional discounts are factored in.
When to buy liability coverage only
There is no definitive rule of when to exclude comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is more than 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
For example, let’s say your Jeep Liberty book value is $3,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after you pay the deductible. If you are paying more than $200 a year for full coverage, then it might be time to buy liability only.
There are a few situations where dropping full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Five Tips to Get Cheap Boston Insurance Prices
When buying auto insurance it’s important to understand some of the factors that aid in calculating auto insurance rates. If you have a feel for what impacts premium levels, this empowers consumers to make smart changes that may reward you with big savings.
Small claims can cost you – If you file a lot of claims you can look forward to either policy cancellation or increased premiums. Insurance companies in Massachusetts provide discounts to policyholders that do not abuse their auto insurance. Your car insurance is designed for the bigger claims that can’t be paid out-of-pocket.
Bad credit will cost you – An insured’s credit score can be a huge factor in calculating your premium rate. Drivers who have high credit scores tend to be more responsible and file fewer claims than drivers with bad credit. If your credit rating could use some work, you could potentially save money when insuring your Jeep Liberty by taking the time to improve your credit score.
Performance impacts insurance rates – The make and model of the car you own makes a huge difference in your rates. The cheapest insurance rates will generally be found on smaller low performance passenger cars, but the final cost of insurance is determined by many other factors.
The following data is based on a married male driver age 30, full coverage with $500 deductibles, and no discounts or violations. It illustrates Jeep Liberty rates compared to other models that have different performances.
Marriage is a factor – Being married may save some money when shopping for auto insurance. Having a significant other generally demonstrates drivers are more responsible it has been statistically shown that married drivers tend to have fewer serious accidents.
Low stress employer equals lower prices – Do you have a high-stress occupation? Careers such as military generals, architects, and accountants are shown to have higher premium rates due to high stress and lengthy work days. Other occupations such as scientists, athletes and performers get better rates.
You may qualify for discounts for Jeep Liberty insurance in Boston
Not too many consumers would say car insurance is affordable, but you can get discounts that many people don’t even know exist. Certain discounts will be applied when you get a quote, but some discounts are required to be requested specifically before you will receive the discount.
- Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen with less frequency so companies will give you a small discount.
- Passenger Safety Discount – Options like air bags can receive discounts of 25 to 30%.
- Good Students Pay Less – Maintaining excellent grades could provide a savings of up to 20% or more. You can use this discount normally until age 25.
- Early Signing – Some larger companies give discounts for switching companies prior to your current Liberty insurance policy expiring. Ten percent is about the average savings.
- Federal Government Employee – Employees or retirees of the government could qualify for a slight premium decrease with select insurance companies.
- ABS Brakes – Vehicles with anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
As a footnote on discounts, many deductions do not apply to the entire policy premium. Most only reduce individual premiums such as collision or personal injury protection. If you do the math and it seems like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.
The information below visualizes the comparison of Jeep Liberty insurance rates with and without some available policy discounts. The price estimates are based on a female driver, no violations or accidents, Massachusetts state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, marriage, safe-driver, and multi-policy discounts applied.
Auto insurance companies that may offer policyholders these benefits include:
Before purchasing a policy, check with each company the best way to save money. Some discounts might not be offered on policies in your area.
When to have guidance from an insurance agent
Many people still prefer to get advice from a local agent and that is recommended in a lot of cases Experienced insurance agents are very good at helping people manage risk and give you someone to call. A nice benefit of getting online price quotes is you can get cheap auto insurance quotes but also keep your business local. Buying from local insurance agencies is important especially in Boston.
After completing this quick form, your information is submitted to local insurance agents in Boston who will return price quotes and help you find cheaper coverage. You won’t need to find an agent since rate quotes are delivered directly to you. If you have a need to get a price quote from a specific auto insurance provider, you would need to search and find their rate quote page and complete a quote there.
Finding the right insurer requires you to look at more than just a cheap price quote. These are some questions you should get answers to.
- When do they do policy reviews?
- How are claims handled?
- Does the company use OEM repair parts?
- Does the agent recommend any additional coverage?
- Are they able to provide referrals?
Quote. Compare. Save.
Drivers switch companies for many reasons like lack of trust in their agent, high rates after DUI convictions, delays in responding to claim requests and being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new company can be easier than you think.
In this article, we presented many ways to shop for Jeep Liberty insurance online. The key thing to remember is the more price quotes you have, the better likelihood of getting low cost Boston auto insurance quotes. Consumers could even find that the lowest rates come from the smaller companies.
Some companies don’t offer online rate quotes and many times these regional carriers provide coverage only through independent insurance agents. Lower-priced insurance in Boston can be sourced both online as well as from insurance agents, and you should be comparing both to have the best chance of lowering rates.
Additional insurance information can be found at the links below
- Auto Insurance 101 (About.com)
- Who Has Affordable Boston Car Insurance for a Toyota Highlander? (FAQ)
- What Insurance is Cheapest for 17 Year Olds in Boston? (FAQ)
- What Insurance is Cheapest for First-time Drivers in Boston? (FAQ)
- Distracted Driving Extends Beyond Texting (State Farm)
- How to Avoid Staged Accidents (State Farm)