Best Insurance for a Jeep Wrangler in Durham

Want to learn how to find more affordable Jeep Wrangler insurance in Durham? Trying to find cheaper insurance for your Jeep Wrangler in North Carolina can normally be difficult, but you can learn the following methods to make it easier.

There are more efficient ways to shop for insurance and you need to know the proper way to quote coverages on a Jeep and find the best price possible from both online companies and Durham agents.

Astonishing but true according to a recent study, the vast majority of drivers renewed their policy with the same company for well over three years, and virtually 40% of consumers have never quoted insurance rates at all. With the average insurance premium being $976, North Carolina drivers could cut their rates by nearly 10% a year by just shopping around, but most just don’t grasp how much they could save if they swap their current policy for a cheaper one.

The best way we recommend to compare policy rates for Jeep Wrangler insurance in Durham utilizes the fact almost all companies pay for the opportunity to give you rate quotes. To begin a comparison, all you need to do is give the companies some data including how much coverage you want, an estimate of your credit level, if your license is active, and how much education you have. The data is instantly sent to multiple companies and they respond with quotes almost instantly.

To compare lower-cost Jeep Wrangler insurance rates now, click here and complete the form.

The companies shown below offer price quotes in North Carolina. To locate the best cheap car insurance in North Carolina, we recommend you compare several of them in order to find the cheapest rates.

Slash your insurance rates with discounts

Some insurance providers don’t necessarily list every possible discount very well, so the following list contains both well-publicized as well as the least known credits that may apply to you.

• Active Military Service – Having a deployed family member could mean lower rates.
• Accident Free – Drivers who don’t have accidents can earn big discounts in comparison with bad drivers.
• Passenger Safety Discount – Factory air bags or automatic seat belts can receive discounts of more than 20%.
• Drive Safe and Save – Insureds who avoid accidents may receive a discount up to 45% than drivers with accidents.
• Paper-free Discount – A few companies will discount your bill up to fifty bucks just for signing your application digitally online.
• Durham Homeowners Discount – Owning a home in Durham can save a few bucks due to the fact that maintaining a home demonstrates responsibility.
• Full Payment Discount – By paying your entire bill at once rather than paying monthly you can avoid the installment charge.
• Driver’s Ed – It’s a good idea to have your young drivers complete a driver education course in school.

As a sidenote, some of the credits will not apply to the entire cost. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, nobody gets a free ride. Any amount of discount should definitely cut the cost of your policy.

The chart below illustrates the difference between Jeep Wrangler annual premium costs with and without discounts applied to the premium. The prices are based on a female driver, no claims or driving violations, North Carolina 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 multi-policy, safe-driver, claim-free, multi-car, marriage, and homeowner discounts applied.

If you would like to choose from a list of companies with discount rates in Durham, follow this link.

Premium rates and analysis

The premium table shown below highlights a range of insurance coverage prices for Jeep Wrangler models. Learning how policy rates are formulated can help you make decisions on which coverage to buy.

Cost estimates assume married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Rate information does not factor in garaging location in Durham which can decrease or increase auto insurance rates greatly.

Deductible analysis

One of the more difficult decisions when buying insurance is how high should your deductibles be. The comparisons below sum up how much more rates are when you choose different physical damage deductibles. The first table uses a $250 physical damage deductible and the second price table uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium costs do not factor in garaging location in Durham which can change prices noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $15 more each month or $180 every year across all Jeep Wrangler models than quoting the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 50 months between claims, you would probably be better off if you decide on a higher deductible. The table below illustrates how you can make your own decision.

An important sidenote is that higher deductibles means you will have to pay more out-of-pocket when you do file a claim. It will be required that you have access to more funds in the event you need to pay the higher deductible.

Rate comparison of male drivers versus female drivers

The illustration below illustrates the difference between Jeep Wrangler insurance costs for male and female drivers. The costs are based on a clean driving record, no claims, full coverage, $500 deductibles, single marital status, and no additional discounts are factored in.

Full coverage versus liability only rates

The diagram below compares Jeep Wrangler yearly insurance costs when comparing full coverage to state minimum liability only. The premium estimates are based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

Guidelines for eliminating full coverage

There is no written rule of when to eliminate physical damage coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.

For example, let’s assume your Jeep Wrangler book value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $8,000 after paying your deductible. If it’s costing you more than $800 annually for comprehensive and collision coverage, then it might be time to buy liability only.

There are some circumstances where removing full coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should keep full coverage.

When should I get advice from an insurance agent?

Some consumers would rather sit down with an agent and there is nothing wrong with that. Professional agents can help you choose the best coverages and help submit paperwork. One of the great benefits of comparing insurance online is that you can obtain cheaper car insurance rates and still have a local agent. And supporting local agencies is important particularly in Durham.

To help locate an agent, after submitting this short form, the coverage information is immediately sent to participating agents in Durham who will give competitive quotes for your insurance coverage. There is no need to contact any insurance agencies as quotes are delivered to you directly. If you want to get a price quote from a specific insurance provider, don’t hesitate to jump over to their website and give them your coverage information.

When finding an insurance agent, it’s important to understand the different types of agents and how they function. Agents can be described as either independent or exclusive depending on the company they work for. Either one can do a good job, but it is a good idea to know how they are different because it can impact your agent selection.

Independent Insurance Agents (or Brokers)

Agents in the independent channel are not limited to a single company and that is an advantage because they can write policies with any number of different companies and get you the best rates possible. If your agent finds better pricing, they simply switch companies in-house and you don’t have to do anything. When comparing insurance prices, you need to include rate quotes from at a minimum one independent agency in order to have the best price comparison. Most have the option of insuring with small mutual carriers which may have better rates.

Below is a partial list of independent agents in Durham that can possibly get you free insurance rate quotes.

• The Insurance Pros, Inc.
  1210 Cole Mill Rd Suite 101 – Durham, NC 27705 – (919) 294-6613 – View Map
• Herring and Bickers Insurance
  2344 Operations Dr Suite 101 – Durham, NC 27705 – (919) 479-9900 – View Map
• Insurance People-N Carolina
  1920 Front St # 750 – Durham, NC 27705 – (919) 383-0442 – View Map

More insurance agents

Exclusive Insurance Agencies

Agents that choose to be exclusive can only quote rates from one company and some examples include Allstate, Farmers Insurance or State Farm. Exclusive agents cannot provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are very knowledgeable on what they offer which can be an advantage. Many people buy insurance from these agents primarily because of loyalty to the company rather than low rates.

Below are Durham exclusive insurance agents that are able to give comparison quotes.

• Farm Bureau Insurance
  4021 Stirrup Creek Dr #220a – Durham, NC 27703 – (919) 469-3191 – View Map
• Allstate Insurance Agent: Michael D. Maffeo
  2705 N Duke St Ste 203 – Durham, NC 27704 – (919) 479-5085 – View Map
• Jeff Stephenson – State Farm Insurance Agent
  8200 Renaissance Pkwy #1004 – Durham, NC 27713 – (919) 572-1702 – View Map

More insurance agents

Choosing the best insurance agent should include more criteria than just a low price. Below are some questions you should ask.

• How will an accident affect your rates?
• What company holds the largest book of business for them?
• Do they make recommendations based only on price?
• Are claim adjusters local or do you have to take your car somewhere else?
• Are you getting all the discounts the company offers?
• If you are a high risk driver, do they have special markets for your coverage?
• What kind of financial rating does the company have?
• How much training do they have in personal risk management?

Special considerations

When choosing coverage online or from an agent for your vehicles, there really is not a best way to insure your cars. Your financial needs are unique and your auto insurance should be unique as well.
These are some specific questions may help highlight whether you would benefit from professional advice.

• Should I rate my Jeep Wrangler as pleasure use or commute?
• Why am I be forced to buy a membership to get insurance from some companies?
• How much will a speeding ticket raise my rates?
• Is my cargo covered for damage or theft?
• How can I find cheaper teen driver insurance?
• Do I need medical payments coverage since I have good health insurance?
• Do I have coverage when pulling a U-Haul trailer?
• Do I pay less if my vehicle is kept in my garage?
• Do I benefit by insuring my home with the same company?
• Am I covered while delivering pizza?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Lower Your Durham Insurance Premiums

Many different elements are used when you get your auto insurance bill. Some are obvious such as traffic violations, but some are less obvious such as whether you are married or how safe your car is.

The following are some of the items used by your company to calculate your rate level.

Premiums can change based on your address – Having an address in smaller towns and rural areas of the country is a positive aspect when it comes to auto insurance. Fewer drivers means a lower chance of having an accident in addition to fewer liability claims. Urban drivers have to deal with more auto accidents and longer commute times. The longer drive time statistically corresponds to a higher accident and claim rate.

Traffic violations drive up prices – Your driving citation history impacts premiums far more than you think. Having just one speeding ticket or other violation can increase the cost of insurance twenty percent or more. Attentive drivers tend to pay less for car insurance than their less careful counterparts. People who have severe violations such as DUI or reckless driving may face state-mandated requirements to complete a SR-22 with their state in order to legally drive.

The chart below demonstrates how traffic citations and accident claims can drive up Jeep Wrangler car insurance rates for each age group. The premium estimates are based on a single male driver, full coverage, $500 deductibles, and no discounts are taken into consideration.

Save money with higher coverage deductibles – Physical damage insurance, aka comp and collision, covers damage that occurs to your Jeep. Some examples of claims that would be covered could be collision with another vehicle, damage from fire, or theft. The deductibles define the amount you are willing to pay out-of-pocket if a claim is determined to be covered. The more expense the insured is willing to pay, the less money you will pay for auto insurance.

Do you really need roadside assistance? – There are a ton of extra bells and whistles that can waste your money but may not be useful. Coverages like coverage for rental cars, high-cost glass coverage, and Farm Bureau memberships may not be needed and are just wasting money. These coverages may sound good initially, but if you’ve never needed them in the past eliminate them to save money.

Bad credit hurts insurance prices – A driver’s credit score can be a huge factor in calculating your premium rate. If your credit score could use some work, you could potentially save money when insuring your Jeep Wrangler by improving your credit score. People with high credit ratings tend to file fewer claims than those with bad credit.

Cut rates and deter theft – Owning a car with a theft deterrent system can get you a discount on your auto insurance. Theft prevention features such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent auto theft and help lower rates.

Pay less after the wedding – Having a spouse may save some money compared to being single. Having a significant other translates into being more mature and responsible and insurance companies like that drivers who are married are more cautious.

Car plus home equals more savings – Some insurance companies allow better rates to customers who have multiple policies with them. It’s known as a multi-policy discount. Even though this discount sounds good, consumers should still compare Jeep Wrangler rates in Durham to verify if the discount is saving money. It’s possible to still save more without the discount by buying auto insurance from a different company.

Jeep Wrangler insurance loss data – Companies use statistical claims data to help calculate premium prices. Vehicles that have a trend towards higher claim severity or frequency will cost more for coverage.

The table shown below demonstrates the historical loss data for Jeep Wrangler vehicles. For each insurance policy coverage type, the loss probability for all vehicles averaged together equals 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while percentages above 100 indicate a higher chance of having a claim or statistically larger losses.

Auto insurance does more than just repair your car

Despite the high insurance cost for a Jeep Wrangler in Durham, buying auto insurance is not optional due to several reasons.

• Most states have compulsory liability insurance requirements which means the state requires a minimum amount of liability coverage in order to drive the car legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Jeep Wrangler has a loan, most lenders will require that you buy insurance to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Jeep at a much higher rate and require you to reimburse them a much higher amount than you were paying before.
• Auto insurance preserves both your car and your assets. It will also pay for most medical and hospital costs that are the result of an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if you are sued as the result of an accident. If you have damage to your Jeep as the result of the weather or an accident, your auto insurance policy will pay to have it repaired.

The benefits of insuring your car are definitely more than the cost, specifically if you ever have a liability claim. But the average driver in North Carolina overpays more than $820 a year so it’s important to compare rates each time the policy renews to ensure rates are competitive.

Durham auto insurance companies ranked

Selecting the best insurance company is hard considering how many different companies there are to choose from in Durham. The ranking data displayed below could help you analyze which car insurance companies to look at purchasing coverage from.

Top 10 Durham Car Insurance Companies Overall

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

A conclusion for your car insurance search

In this article, we covered a lot of techniques to shop for Jeep Wrangler insurance online. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even discover the biggest savings come from a lesser-known regional company. They often have lower premium rates on specific markets as compared to the big name companies such as Progressive or GEICO.

Some companies may not provide the ability to get a quote online and most of the time these smaller providers only sell through independent agents. Cheaper Jeep Wrangler insurance in Durham is attainable from both online companies as well as from insurance agents, and you need to price shop both to get a complete price analysis.

How to find discount Jeep Wrangler insurance in Durham

The most effective way to get affordable Jeep Wrangler insurance in Durham is to compare quotes annually from insurance carriers who sell insurance in North Carolina.

1. Take a few minutes and learn about how your policy works and the things you can change to prevent high rates. Many things that result in higher prices like multiple speeding tickets and a low credit score can be amended by being financially responsible and driving safely.
2. Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO and State Farm, while agents who are independent can provide prices from multiple companies.
3. Compare the new quotes to your current policy to see if cheaper Wrangler coverage is available. If you find a better price, make sure coverage is continuous and does not lapse.
4. Give notification to your current company to cancel your existing policy and submit a down payment along with a completed application to the newly selected company. Don’t forget to put the new proof of insurance certificate above your visor, in the console, or in the glove compartment.

An important part of this process is that you’ll want to make sure you compare the same physical damage deductibles and liability limits on every quote request and and to analyze as many companies as you can. Doing this helps ensure the most accurate price comparison and a complete selection of prices.

Much more information about car insurance in North Carolina can be found at these links:

• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
• Who Has Affordable Auto Insurance Rates for a Hyundai Sonata in Durham? (FAQ)
• Who Has Affordable Auto Insurance for Seniors in Durham? (FAQ)
• How Much are Durham Car Insurance Quotes for Immigrants? (FAQ)
• Who Has Affordable Car Insurance Rates for a Toyota 4Runner in Durham? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for High School Students in Durham? (FAQ)
• What Car Insurance is Cheapest for a Honda Civic in Durham? (FAQ)
• Determining Auto Insurance Rates (GEICO)
• Protecting Teens from Drunk Driving (Insurance Information Institute)
• A Tree Fell on Your Car: Now What? (Allstate)