Want a free price quotes on cheaper Jeep Compass insurance in Denver? Are you tired of sacrificing other expenses to pay insurance each month? You’re in the same situation as most other drivers in Colorado.
Unthinkable but true, the vast majority of insurance customers have remained with the same insurance company for over three years, and just under half have never compared rates from other carriers. Many consumers in Denver can save hundreds of dollars each year just by getting comparison quotes, but they think it’s difficult to compare rates online. Online insurance companies like Allstate and Progressive all claim big savings, bombarding you with fancy advertisements and it can be hard to see through the deception and take the time to shop coverage around.
It’s a great practice to compare prices before your policy renews because insurance prices are usually higher with each renewal. Just because you had the lowest price on Jeep Compass insurance in Denver a couple years back the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about insurance because it’s time to teach you the best way to lower your annual insurance bill.
If you’re already insured or just want a better rate, follow these tips to reduce the price you pay and still get good coverage. Choosing the best rates in Denver is easy if you know what you’re doing. Smart buyers just need to use the quickest way to compare rate quotes online from multiple companies.
Finding low cost Jeep Compass car insurance quotes is an easy way to save money. You just need to spend a few minutes getting comparison quotes from online providers.
Getting quotes online is very simple and it takes the place of having to go to each insurance agency near you. Comparing Jeep Compass insurance rates online has reduced the need for local agents unless you have a need for the trained guidance of a licensed agent. It is possible with some companies compare the best prices online but buy the policy through an agent.
The auto insurance companies shown below provide comparison quotes in Colorado. If several companies are displayed, it’s a good idea that you visit two to three different companies to get the lowest price.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $184 | $320 | $338 | $20 | $100 | $962 | $80 |
| Compass Sport 4WD | $144 | $282 | $396 | $24 | $118 | $964 | $80 |
| Compass Limited 2WD | $294 | $536 | $358 | $22 | $108 | $1,318 | $110 |
| Compass Limited 4WD | $234 | $472 | $396 | $24 | $118 | $1,244 | $104 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Estimates do not factor in specific Denver garaging location which can alter premium rates considerably.
Impact of violations and accidents on rates in Denver
The example below shows how violations and accident claims can increase Jeep Compass insurance costs for different ages of insureds. The data assumes a single female driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.
Rate comparison of men versus women
The diagram below compares Jeep Compass car insurance rates for male and female drivers. The information is based on no claims or driving citations, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no discounts are applied to the premium.
Physical damage deductibles
One common question asked by Denver drivers is how high should the deductibles for physical damage be. The premium rates below can help you understand the price difference between low and high policy deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $236 | $376 | $352 | $20 | $106 | $1,115 | $93 |
| Compass Sport 4WD | $272 | $458 | $352 | $20 | $106 | $1,233 | $103 |
| Compass Limited 2WD | $272 | $458 | $352 | $20 | $106 | $1,233 | $103 |
| Compass Limited 4WD | $272 | $458 | $352 | $20 | $106 | $1,233 | $103 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $146 | $236 | $352 | $20 | $106 | $860 | $72 |
| Compass Sport 4WD | $168 | $288 | $352 | $20 | $106 | $934 | $78 |
| Compass Limited 2WD | $168 | $288 | $352 | $20 | $106 | $934 | $78 |
| Compass Limited 4WD | $168 | $288 | $352 | $20 | $106 | $934 | $78 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium costs do not factor in specific Denver garaging location which can impact insurance rates substantially.
We can estimate from the data above that using a $250 deductible will cost you about $24 more each month or $288 for a full year than buying the higher $1,000 deductible. Since you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 31 months between claim filings, you would save money if you decide on a higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $250 deductibles: | $101 |
| Average monthly premium for $1,000 deductibles (subtract): | – $77 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 31 months |
An important thing to remember is that a higher deductible means you will have to cover more of the damage yourself when you have a physical damage claim. That will require some money saved in the event you need to pay the higher deductible.
Discounts mean cheaper rates for Jeep Compass insurance in Denver
The cost of insuring your cars can be expensive, but you might find some hidden discounts that you may not know about. Certain reductions will be credited when you complete an application, but a few must be specifically requested prior to getting the savings.
- Discount for Passive Restraints – Factory air bags or automatic seat belts can get savings of 25 to 30%.
- Use Seat Belts – Requiring all passengers to use a seat belt could cut 10% or more off PIP or medical payments premium.
- Bundle and Save – When you have multiple policies and place coverage with the same company they may give you a discount of up to 20% off your total Compass insurance premium.
- Military Rewards – Being on active deployment in the military may qualify for rate reductions.
- E-sign – Some of the larger companies will give you a small discount for signing up online.
- Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn better car insurance rates if you take out a life insurance policy as well.
- Resident Student – Any of your kids who are attending college and won’t have access to an insured vehicle may be insured at a cheaper rate.
- Early Switch Discount – A few car insurance companies offer discounts for signing up prior to the expiration date on your current Compass insurance policy. The savings is around 10%.
- Discount for New Cars – Insuring a vehicle that is new is cheaper since newer vehicles are generally safer.
- Early Payment Discounts – By paying your policy upfront instead of making monthly payments you could save 5% or more.
Just know that most credits do not apply to the whole policy. Most cut individual premiums such as liability and collision coverage. Despite the appearance that it’s possible to get free car insurance, company stockholders wouldn’t be very happy. Any qualifying discounts should help lower your overall bill.
Some of the insurance companies that possibly offer some of the discounts shown above include:
Before purchasing a policy, check with every prospective company which credits you are entitled to. Some credits might not be offered on policies in Denver. If you would like to choose from a list of providers that offer many of these discounts in Denver, click this link.
Three good reasons to insure your vehicle
Despite the high insurance cost for a Jeep Compass in Denver, insurance is required in Colorado but also provides important benefits.
- Just about all states have mandatory liability insurance requirements which means you are required to carry a specific level of liability insurance if you want to drive legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Jeep has a loan, more than likely the lender will force you to have full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Jeep at a significantly higher premium and make you pay much more than you were paying before.
- Auto insurance protects your vehicle and your assets. It will also reimburse you for many types of medical costs incurred in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.
The benefits of buying enough insurance are definitely more than the cost, particularly if you ever have a claim. Unknowingly, the average driver is overpaying over $865 each year so we recommend shopping around at every renewal to help ensure money is not being wasted.
Compare rate quotes but buy from a local Denver insurance agent
A small number of people would prefer to have an agent’s advice and doing so can bring peace of mind Good agents are very good at helping people manage risk and help in the event of a claim. One of the best bonuses of comparing insurance prices online is that drivers can save money and get lower prices but also keep your business local. Putting coverage with small agencies is important particularly in Denver.
After filling out this simple form, your insurance data is immediately sent to participating agents in Denver who can give free rate quotes for your insurance coverage. You don’t have to do any legwork since price quotes are sent immediately to you. If you wish to get a comparison quote for a specific company, you just need to find their quoting web page and complete a quote there.
Best auto insurance agent in Denver
If you would like to find a reliable insurance agent, it’s helpful to know the types of insurance agents that you can select. Agencies in Denver are categorized either independent (non-exclusive) or exclusive. Either one can insure your vehicles properly, but it’s important to know how they are different because it can impact your selection of an agent.
Independent Insurance Agencies or Brokers
Agents that elect to be independent are appointed with more than one company so they can insure your vehicles through many different insurance companies depending on which coverage is best. If you want to switch companies, they simply switch companies in-house and you stay with the same agent. When comparison shopping, you definitely need to get insurance quotes from several independent insurance agents to ensure the widest selection of prices.
Featured below is a partial list of independent insurance agencies in Denver who may provide comparison quotes.
Westwood Insurance
57 W Alameda Ave – Denver, CO 80223 – (303) 722-2841 – View Map
Affordable American Insurance-Lloyd Nguyen Agency
1834 S Sheridan Blvd – Denver, CO 80232 – (303) 936-7233 – View Map
Alliance General Insurance Agency
2696 CO-2 – Denver, CO 80222 – (303) 377-1172 – View Map
Exclusive Agencies
These agents generally can only insure with one company like Farmers Insurance and State Farm. Exclusive agents cannot give you multiple price quotes so they have no alternatives for high prices. Exclusive insurance agents are well trained on their company’s products which aids in selling service over price.
The following are exclusive agencies in Denver that can give you price quote information.
Farmers Insurance – Mike Schmisek
1100 S Shoshone St – Denver, CO 80223 – (303) 922-1001 – View Map
Allstate Insurance: K.D. Sakraida
1932 W 33rd Ave – Denver, CO 80211 – (303) 433-2094 – View Map
Allstate Insurance: Charles F. Simmons
797 S Pearl St – Denver, CO 80209 – (303) 722-0191 – View Map
Selecting an insurance agent should include more criteria than just the premium amount. A good agent in Denver will have answers to these questions.
- Are there any discounts for paying up front?
- Do they have a Better Business Bureau rating in Denver?
- Are you getting all the discounts the company offers?
- Do they specialize in personal lines auto insurance in Denver?
- Do they have any clout with companies to ensure a fair claim settlement?