Average Insurance Costs:
- Annual Premium: Approximately $1,389
- Monthly Premium: Approximately $116
These figures are averages and can vary based on individual circumstances.
Factors Influencing Insurance Rates:
- Driver’s Age: Younger drivers often face higher premiums due to perceived risk.
- Driving Record: A clean history can lead to discounts, while violations may increase costs.
- Location: Urban areas with higher traffic may result in higher premiums compared to rural areas.
- Coverage Level: Opting for full coverage increases the premium compared to minimum liability coverage.
- Insurance Provider: Rates vary between companies; it’s beneficial to compare multiple providers.
Year/Make Model: 2017 Jeep Grand Cherokee |
Ownership Status: 3 Years or More |
Discounts: Paperless & Electronic Funds Transfer (EFT) |
Selected Coverages With Progressive |
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Bodily Injury Liability: $25,000 / $50,000 |
Property Damage Liability: $25,000 |
Uninsured Motorist Bodily Injury: No Coverage Comprehensive: $1,000 Deductible Collision: $1,000 Deductible |
Other Rejected Coverages: Medical Payments, Uninsured Motorist, Rental Reimbursement & Roadside Assistance |
Total 6 Month Premium: $1,139.50
Monthly Installments: $193.83
This is a full coverage policy on a 2017 Jeep Grand Cherokee in Colorado Springs. The client chose to keep the state minimum requirements at 25/50/25. Since the client chose a higher deductible amount, they were able to lower the monthly costs for the auto premium. Call today to see what you could receive for a full coverage quote on your vehicle.
Tips to Secure Affordable Rates:
- Compare Quotes: Obtain quotes from various insurers to find the best rate for your situation.
- Maintain a Clean Driving Record: Avoid traffic violations and accidents to qualify for better rates.
- Consider Higher Deductibles: Choosing a higher deductible can lower your premium, but ensure it’s affordable in case of a claim.
- Explore Discounts: Inquire about discounts for safety features, bundling policies, or completing defensive driving courses.