Would you like to save money by finding cheaper insurance rates in Charlotte, NC? Charlotte consumers have a choice when looking for affordable Jeep Liberty insurance. They can either spend hours contacting agents trying to get quotes or use the internet to find the lowest rates.
There are more efficient ways to buy insurance so you’re going to learn the quickest way to get price quotes for your Jeep and find the lowest price from both online companies and Charlotte agents.
It’s important to quote other rates before your policy renews because prices are variable and change quite frequently. If you had the best deal on Jeep Liberty insurance in Charlotte at your last renewal the chances are good that you can find a lower rate quote today. Block out anything you think you know about insurance because you’re about to learn one of the quickest ways to find lower rates on insurance.
The purpose of this post is to let you in on how car insurance works and how to save the most money. If you are paying for car insurance now, you will surely be able to buy cheaper car insurance using this strategy. Consumers only need an understanding of the proper methods to compare insurance rates from many different companies online.
Getting a cheap price on insurance is surprisingly easy. The only requirement is to take the time comparing rate quotes from some recommended companies.
The companies shown below have been selected to offer free quotes in Charlotte, NC. To buy the best cheap car insurance in North Carolina, we suggest you visit as many as you can in order to find the most competitive rates.
Why you need quality insurance for your Jeep Liberty
Despite the high insurance cost for a Jeep Liberty in Charlotte, car insurance is mandatory in North Carolina but it also protects more than you think.
First, the majority of states have mandatory liability insurance requirements which means state laws require specific minimum amounts of liability in order to drive the car. 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.
Second, if you have a lien on your Jeep Liberty, almost every bank will make it a condition of the loan that you have full coverage to ensure they get paid if you total the vehicle. If you default on your policy, the bank will be required to insure your Jeep at a more expensive rate and make you pay a much higher amount than you were paying before.
Third, car insurance protects both your Jeep Liberty and your assets. It will also reimburse you for medical bills for yourself as well as anyone injured by you. Liability coverage also covers legal expenses if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to have it repaired.
The benefits of having car insurance more than cancel out the cost, especially when you need to use it. As of last year, the average driver in North Carolina is wasting up to $869 every year so compare rates at every renewal to be sure current rates are still competitive.
Auto insurance statistics and figures
The price information shown below highlights estimates of insurance prices for Jeep Liberty models. Having a good understanding how insurance policy premiums are formulated is important for drivers to make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $136 | $214 | $250 | $14 | $74 | $688 | $57 |
| Liberty Limited 2WD | $156 | $214 | $250 | $14 | $74 | $708 | $59 |
| Liberty Renegade 4WD | $156 | $214 | $250 | $14 | $74 | $708 | $59 |
| Liberty Sport 4WD | $156 | $214 | $250 | $14 | $74 | $708 | $59 |
| Liberty Limited 4WD | $156 | $262 | $250 | $14 | $74 | $756 | $63 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Price information does not factor in vehicle garaging location which can raise or lower premium rates greatly.
The diagram below demonstrates how choosing different deductibles and can impact Jeep Liberty insurance costs for different age categories. The premium estimates are based on a married male driver, comp and collision included, and no additional discounts are factored in.
Difference between liability only and full coverage rates
The chart below shows the comparison of Jeep Liberty annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. The premium estimates are based on no accidents or driving violations, $1,000 deductibles, single marital status, and no discounts are applied.
When to drop comprehensive and collision
There is no exact rule of when to exclude physical damage coverage, but there is a general guideline. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.
For example, let’s say your Jeep Liberty claim settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after you pay the deductible. If you are currently paying more than $800 annually for your policy with full coverage, then it could be time to drop full coverage.
There are some circumstances where only buying liability is not a good idea. If you haven’t satisfied your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.
Charlotte car insurance discounts
Companies do not list all discounts in an easy-to-find place, so we break down a few of the more common in addition to some of the lesser obvious discounts that you can inquire about if you buy Charlotte auto insurance online.
- Good Student Discount – A discount for being a good student could provide a savings of up to 20% or more. This discount can apply up to age 25.
- Paper-free Discount – Certain companies will provide an incentive shop Charlotte auto insurance digitally online.
- Onboard Data Collection – Insureds who allow data collection to study where and when they drive remotely like Allstate’s Drivewise could see a rate decrease as long as they are good drivers.
- Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less compared to accident prone drivers.
- Pay Now and Pay Less – If you pay your bill all at once rather than paying in monthly installments you could save up to 5%.
It’s important to understand that most discounts do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as medical payments or collision. Even though the math looks like you could get a free car insurance policy, it just doesn’t work that way.
The example below visualizes the comparison of Jeep Liberty insurance costs with and without discounts applied to the premium. The rates are based on a male driver, no accidents or driving violations, North Carolina state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, claim-free, marriage, multi-car, and safe-driver discounts applied.
If you would like to choose from a list of providers that offer discounts in North Carolina, click here to view.
Insurance agents can help
Many people still like to talk to an insurance agent and that is just fine! Agents will help you protect your assets and help in the event of a claim. An additional benefit of comparing rate quotes online is you can get better rates and still choose a local agent. Supporting small agencies is important particularly in Charlotte.
After filling out this quick form, your information is transmitted to agents in your area who will give you bids for your business. There is no need to drive around as quotes are delivered immediately to you. In the event you want to compare rates from a specific company, feel free to jump over to their website and give them your coverage information.
If you’re trying to find a good insurance agency, it’s helpful to know the different types of agents that you can choose from. Insurance agencies in Charlotte may be either independent or exclusive depending on the company they work for. Either type can write auto insurance policies, but it is important to understand the subtle differences since it could factor into which agent you choose.
Independent Auto Insurance Agencies or Brokers
Independent agents do not have single company limitations and that enables them to quote your coverage with an assortment of companies and possibly get better coverage at lower prices. If you want to switch companies, they can switch companies in-house which requires no work on your part. When comparing rates, you should always get several quotes from a couple of independent agencies for maximum quote selection. They often place coverage with mutual insurance companies which may have better rates.
Listed below are Charlotte independent agencies that can give you free auto insurance rate quotes.
- Biggs Insurance Group
13850 Ballantyne Corporate Pl #500 – Charlotte, NC 28277 – (704) 369-5270 – View Map - Swimmer Insurance Agency
725 Providence Rd #100 – Charlotte, NC 28207 – (704) 333-6694 – View Map - Allwood Insurance
3611 Mt Holly-Huntersville Rd #205 – Charlotte, NC 28216 – (704) 395-1239 – View Map
Exclusive Agencies
Agents in the exclusive channel have only one company to place business with and some examples include Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive insurance agents are well trained on the products they sell which helps them sell insurance even at higher premiums. Drivers often use the same agent partially due to the brand legacy and the convenience of having a single billing for all their coverages.
Listed below is a short list of exclusive insurance agents in Charlotte who can help you get price quotes.
- Allstate Insurance: Bob White
601 S Kings Dr, Ste FF – Charlotte, NC 28204 – (704) 376-3479 – View Map - Allstate Insurance: Michael Randolph
1001 W W.T. Harris Blvd m – Charlotte, NC 28213 – (704) 549-1710 – View Map - AAA Carolinas
6600 A A A Dr – Charlotte, NC 28212 – (704) 569-3600 – View Map
Choosing an auto insurance agent needs to be determined by more than just the premium amount. These are some questions you should get answers to.
- Will they take your side in the event of a claim?
- Are they in the agency full-time?
- Are they properly licensed to sell insurance in North Carolina?
- How many companies do they write for?
- Does the company use OEM repair parts?
- Are claims handled at the agent’s location?
- Do they get extra compensation for selling add-on coverages?
- If independent agents, which companies do they recommend?
Affordable auto insurance rates are out there
In this article, we presented a lot of information how to compare Jeep Liberty insurance rates in Charlotte. The key concept to understand is the more times you quote, the better your chances of lowering your car insurance rates. Drivers may even discover the lowest rates are with a lesser-known regional company.
When you buy Charlotte auto insurance online, it’s not a good idea to reduce needed coverages to save money. In many instances, an insured cut uninsured motorist or liability limits only to find out that the small savings ended up costing them much more. Your objective should be to purchase plenty of coverage at the best cost, but do not sacrifice coverage to save money.
Lower-priced Jeep Liberty insurance in Charlotte is available online and from local agencies, so you need to quote Charlotte auto insurance with both so you have a total pricing picture. There are still a few companies who may not provide online rate quotes and many times these small insurance companies prefer to sell through local independent agents.
How to find the cheapest rates for Jeep Liberty insurance in Charlotte
The easiest way to get low-cost Jeep Liberty insurance in Charlotte is to compare prices regularly from insurance carriers that sell auto insurance in North Carolina. You can shop around by following these steps.
- Learn about how insurance companies determine prices and the steps you can take to prevent expensive coverage. Many rating criteria that drive up the price like accidents, traffic violations, and a less-than-favorable credit score can be amended by making minor changes in your lifestyle.
- Quote rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive or State Farm, while independent agents can quote rates from multiple companies. View prices
- Compare the quotes to your existing coverage to see if a cheaper price is available. If you find a lower rate quote and make a switch, make sure coverage does not lapse between policies.
- Notify your current company of your intention to cancel your existing policy and submit payment along with a signed and completed policy application to the new company. Once received, keep the new proof of insurance certificate with your registration paperwork.
A good tip to remember is to use similar coverage information on each quote and and to get quotes from as many auto insurance providers as possible. Doing this ensures the most accurate price comparison and and a good selection of different prices.
Additional information
- Side Impact Crash Tests (iihs.org)
- Who Has Affordable Charlotte Auto Insurance Rates for Active Military? (FAQ)
- How Much are Charlotte Car Insurance Quotes for a Chevrolet Silverado? (FAQ)
- How Much are Car Insurance Rates for a Subaru Forester in Charlotte? (FAQ)
- How Much are Charlotte Car Insurance Quotes for Government Employees? (FAQ)
- Who Has Affordable Car Insurance for College Students in Charlotte? (FAQ)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Speed and Speed Limit FAQ (iihs.org)