Affordable Rates for Jeep Patriot Insurance in Oklahoma City

It’s safe to assume that insurance companies don’t want you to look at other companies. Insureds who compare other rates will presumably switch companies because there are good odds of finding a policy with better rates. Surprisingly, a recent survey revealed that people who did price comparisons regularly saved approximately $72 a month as compared to drivers who didn’t regularly shop around.

If saving the most money on Jeep Patriot insurance in Oklahoma City is the reason for your visit, learning how to choose a company and compare insurance can save time and money.

Insurance for Jeep PatriotIf saving money is your primary concern, then the best way to get affordable Jeep Patriot insurance in Oklahoma City is to start comparing prices yearly from insurers who sell insurance in Oklahoma. Rates can be compared by following these steps.

  1. Spend some time learning about how insurance companies determine prices and the modifications you can make to prevent rate increases. Many risk factors that increase rates such as tickets, at-fault accidents, and a low credit score can be amended by being financially responsible and driving safely.
  2. Request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from a single company like GEICO and State Farm, while agents who are independent can provide prices for a wide range of companies. Get quotes now
  3. Compare the new rates to the premium of your current policy to see if a cheaper price is available. If you find a better price, make sure there is no lapse in coverage.
  4. Notify your current company to cancel your current car insurance policy. Submit the application along with any required down payment for your new policy. As soon as you have the new policy, keep your new proof of insurance certificate in your vehicle.

One thing to point out is that you use similar coverage information on each quote request and and to get rate quotes from as many carriers as you can. Doing this enables a level playing field and the best price quote selection.

If you are already insured or just want cheaper rates, use these tips to get lower rates and possibly find even better coverage. The purpose of this post is to familiarize you with the best ways to compare prices and some money-saving tips. Consumers just have to learn the proper methods to shop for car insurance from many companies at once.

Jeep Patriot insurance charts and tables

The data table below highlights detailed analysis of insurance policy prices for Jeep Patriot models. Having a better idea how rates are formulated can be valuable when making informed decisions when comparing rates.

Jeep Patriot Insurance Rates in Oklahoma City, OK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Patriot Sport 2WD $186 $302 $448 $26 $134 $1,096 $91
Patriot Sport 4WD $186 $302 $448 $26 $134 $1,096 $91
Patriot Limited 2WD $214 $368 $448 $26 $134 $1,190 $99
Patriot Limited 4WD $214 $368 $448 $26 $134 $1,190 $99
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Estimates do not factor in garaging location in Oklahoma City which can impact premium rates substantially.

How high should deductibles be?

One frequently asked question is where should you set your physical damage deductibles. The following insurance rates may help to conceptualize the rate differences between high and low insurance deductibles. The first set of rates uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.

Jeep Patriot insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Patriot Sport 2WD $336 $572 $448 $26 $134 $1,541 $128
Patriot Sport 4WD $336 $572 $448 $26 $134 $1,541 $128
Patriot Limited 2WD $386 $698 $448 $26 $134 $1,717 $143
Patriot Limited 4WD $386 $698 $448 $26 $134 $1,717 $143
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Jeep Patriot insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Patriot Sport 2WD $186 $302 $448 $26 $134 $1,096 $91
Patriot Sport 4WD $186 $302 $448 $26 $134 $1,096 $91
Patriot Limited 2WD $214 $368 $448 $26 $134 $1,190 $99
Patriot Limited 4WD $214 $368 $448 $26 $134 $1,190 $99
Get Your Own Custom Quote Go

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Table data does not factor in specific Oklahoma City garaging location which can alter coverage rates considerably.

Based on the figures above, using a $100 deductible would cost the average driver about $41 more each month or $492 a year than opting for the higher $1,000 deductible. Since you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 22 months between claim filings, you would save more money by going with a higher deductible. Here’s a better example of how you can perform this determination yourself.

Average monthly premium for $100 deductibles: $136
Average monthly premium for $1,000 deductibles (subtract): – $95
Monthly savings from raising deductible: $41
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $41
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 22 months

An important thing to remember is that raising deductibles to get cheaper rates means you will have to pay more of your own money when you have a claim. It will be required that you have a higher level of savings in the event you have to pay the higher deductible.

The information below illustrates how choosing a deductible and can increase or decrease Jeep Patriot insurance prices for different age categories. Data assumes a single male driver, comprehensive and collision coverage, and no policy discounts are applied.

Tickets and at-fault accidents raise rates

The information below illustrates how violations and at-fault accidents influence Jeep Patriot annual premium costs for different age groups of insureds. The data is based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.

Comparison of insurance rates by gender

The illustration below shows the comparison of Jeep Patriot auto insurance rates for male and female drivers. The costs are based on no tickets, no at-fault accidents, full physical damage coverage, $250 deductibles, marital status is single, and no discounts are applied to the premium.

How much more does full coverage cost?

The diagram below shows the difference between Jeep Patriot car insurance costs with and without full coverage. The price estimates are based on a clean driving record, no claims, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.

When to stop paying for full coverage

There is no written rule of when to stop paying for full coverage on your policy, but there is a general convention. If the annual cost of coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let’s say your Jeep Patriot settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,000 after paying the physical damage deductible. If you are currently paying more than $500 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.

There are some conditions where dropping full coverage is not in your best interest. If you haven’t satisfied your loan, 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 if your current one is totaled, you should not buy liability only.

Oklahoma City insurance discounts for a Jeep Patriot

Some insurance providers don’t list every available discount in an easy-to-find place, so the list below contains some of the more common and also the more inconspicuous savings tricks you should be using when you buy Oklahoma City auto insurance online.Save money with discounts

Policy discounts save money, but most credits do not apply to all coverage premiums. Most only apply to individual premiums such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way.

The chart below illustrates the difference between Jeep Patriot car insurance rates with and without discounts applied to the rates. The data is based on a male driver, no claims, a clean driving record, Oklahoma state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, multi-policy, claim-free, and marriage discounts applied.

A list of companies and some of the discounts are shown below.

Double check with every company which discounts can lower your rates. All car insurance discounts may not apply in Oklahoma City. To view insurers with the best Jeep Patriot insurance discounts in Oklahoma, click here to view.

Specifics of your car insurance policy

Knowing the specifics of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many Oklahoma drivers have only the minimum liability required by law (25/50/25 in Oklahoma), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages are set the same as your liability limits.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like funeral costs, pain medications, EMT expenses, prosthetic devices and X-ray expenses. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision) – This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, hitting a deer and hitting a bird. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage – This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as driving through your garage door, damaging your car on a curb and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible on your Patriot to get cheaper collision coverage.

Liability auto insurance – This will cover injuries or damage you cause to a person or their property by causing an accident. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims such as funeral expenses, medical expenses, medical services and emergency aid. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford. Oklahoma requires minimum liability limits of 25/50/25 but it’s recommended drivers buy better liability coverage.

The chart below demonstrates why the minimum limit may not be adequate.

Keep this in mind when shopping around

There are still a few companies who may not have internet price quotes and many times these small insurance companies provide coverage only through independent insurance agencies. Low-cost Jeep Patriot insurance in Oklahoma City is attainable from both online companies in addition to local insurance agencies, and you should compare price quotes from both in order to have the best chance of saving money.

Drivers switch companies for many reasons like being labeled a high risk driver, lack of trust in their agent, delays in paying claims and denial of a claim. Regardless of your reason for switching companies, finding a great new company is less work than it seems.

While you’re price shopping online, never sacrifice coverage to reduce premiums. Too many times, drivers have reduced full coverage only to discover later that the savings was not a smart move. Your aim should be to buy a smart amount of coverage at the best possible price.

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