Cheapest Insurance for a Jeep Wrangler in Vermont

Your ability to find the cheapest insurance for a Jeep Wrangler in Vermont relies on an enormous amount of rating factors such as if you are married or single, if you are a frequent claim filer, and your driving record. Drivers in Vermont on average pay approximately $790 a year to insure a Wrangler, but that rate is a valuation calculated using a 50-year-old single male driver that has full physical damage coverage and $100 physical damage deductibles.

This brings up the issue that more than likely you are not 50 years old and maybe not even male, you might be married instead of single, or maybe you live in a different area as the quoted rates. Just a slight change in rating factors or requested coverage amount can result in big changes in the cost of a policy.

Everyone has unique insurance needs, and this illustrates why the best way to find cheap car insurance rates for your Jeep is to start the habit of comparing rates at least once a year.

Insure Your Jeep for Less

The trim level of your Jeep can impact the annual cost of coverage, so the rate you pay to insure a Wrangler Sport 4WD 2-Dr trim level will be $204 less than the insurance cost for the higher-priced Wrangler Unlimited Rubicon 4WD 4-Dr model, as shown in the table below.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Vermont minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Estimates do not factor in the specific area where the vehicle is garaged which can alter insurance rates substantially.

Buying coverage from the right auto insurance provider can be rather challenging considering how many companies provide coverage in Vermont. The ranking information in the lists below can help you select which auto insurers to look at when trying to find cheaper insurance for a Jeep Wrangler. The rankings below are only made up of companies that write coverage in many states, so companies with more of a regional focus are not factored into the list.

Get discounts on Vermont car insurance

Insurance companies that sell the cheapest insurance for a Jeep Wrangler in Vermont may additionally offer discounts that may potentially lower prices by as much as 25% or more if you are eligible to receive them. A few of the larger companies and their offered discounts can be found below.

The chart below illustrates the comparison of auto insurance rates with and without discounts applied to the policy premium. The information is based on a male driver, no claims or driving citations, Vermont state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.

The first bar for each age group shows the price with no discounts. The second bar shows the rates with safe-driver, marriage, vehicle safety, passive restraint, claim-free, and multiple policy discounts applied. When drivers qualify for the discounts, the average amount saved each year on insurance for a Jeep Wrangler is 13% or $197.

Cost of full coverage in Vermont

Finding the cheapest insurance for a Jeep Wrangler in Vermont is probably important to the majority of vehicle owners, and a great way to lower the cost of insurance is to only pay for liability coverage. The illustration below shows the comparison of premium costs with and without physical damage coverage. The rates are based on no accidents, no driving violations, $250 deductibles, drivers are not married, and no other discounts are factored in.

If all age groups are averaged, comp and collision coverage costs $1,551 per year over liability only. That brings up the question if buying full coverage is a good investment. There is no set guideline of when to exclude physical damage coverage, but there is a general guideline you can use. If the annual cost of having full coverage is about 10% or more of replacement cost minus your deductible, then you might want to think about dropping full coverage.

For example, let’s say your vehicle’s replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after the deductible is paid. If you are paying over $800 annually for full coverage, then it’s probably a good time to buy liability coverage only.

There are some circumstances where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you have to carry full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in case of an accident, you should maintain full coverage.

Best cheap Jeep Wrangler insurance quotes

There are many ways to find affordable insurance in Vermont, but the most frequently used ways are using an exclusive insurance agency such as Liberty Mutual or State Farm, an independent insurance agent, or direct from companies such as Progressive or Geico.

They all follow the same basic process, but it’s important to understand the differences in how they price policies.

Independent agencies work for many companies and can quote your policy with all of them. These agents are not employed by one specific company and can give you a larger rate selection, which may give you the best shot at cutting your rates. If the agent locates a cheaper price, the business is moved internally and you don’t have to do anything.

An exlusive, or captive, agency is able to quote prices with one insurance company, two popular examples being an Allstate or State Farm agent. They usually cannot provide other companys’ prices, so if rates are not competitive, they cannot shop around.

Direct insurance buyers skip an agent and instead buy direct online or over the phone from a company like Geico or Progressive. Buying insurance direct can be a good choice for consumers who have little risk and know what insurance covers and what it doesn’t.

So which way is best to find the cheapest insurance for a Jeep Wrangler in Vermont? The obvious answer would be buying direct results in the best prices because there are no middleman commissions, but in reality, that argument does not hold true. An argument could also be made that buying from an independent agent guarantees the cheapest rates because they can quote many companies, but that assumption is also not accurate. And often times, exclusive agents may have prices that are the cheapest.

Since insurance companies use so many rating factors, the only real way to ensure you are not overpaying for insurance is to get rate quotes and compare. Be sure to get rate quotes from all three to give yourself enough choices. For a list of companies offering online discounts in Vermont, click here to view.

How to find economical car insurance for a Jeep Wrangler

Lowering your rates is not difficult, and here are a few penny-pinching ideas that can help you quote more affordable coverage.

• Full coverage is expensive so only insure older vehicles for liability only
• Raise your deductibles
• At-fault accidents can raise rates significantly
• Good credit can mean cheaper rates
• Ensure your driving record is clean
• Lower rates by purchasing a safer vehicle
• Compare prices frequently to find the best deal

The last tip is incredibly critical, as we hit on in the prior article. Coverage prices can be adjusted at any time, so don’t be unwilling to buy from a new company if you can save money.

We understand brand loyalty, but we do not recommend it if that devotedness results in you overpaying a considerable chunk of change every month. If you have a few minutes, now is a great time to shop around and find cheaper car insurance for a Jeep Wrangler.