Jeep Grand Cherokee Insurance Rates

Estimated insurance rates for a Jeep Grand Cherokee are $1,422 a year for full coverage insurance. Comprehensive costs an estimated $296, collision costs $552, and liability costs around $416. A liability-only policy costs as low as $474 a year, with high-risk insurance costing around $3,086. 16-year-old drivers pay the most at $5,324 a year or more.

Average premium for full coverage: $1,422

Premium estimates broken down by type of coverage:

Price estimates include $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all 50 states and for all Grand Cherokee models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than congested cities.

The example below illustrates the effect of geographic area on insurance prices.

These rate differences illustrate why everyone should compare prices for a targeted area and risk profile, instead of using rate averages.

Use the form below to get customized rates for your location.

Rate Comparisons

The chart below illustrates estimated Jeep Grand Cherokee insurance rates for other coverage scenarios.

• The best full coverage rate is $814
• Using higher $1,000 deductibles will save approximately $190 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,422
• Buying pricier low deductibles for physical damage coverage will increase the cost to $1,798
• Drivers with multiple tickets or accidents could pay up to $3,086 or more
• An auto insurance policy for full coverage for a teen driver for full coverage can cost as much as $5,324 or more

View Chart as Image

Auto insurance prices for a Jeep Grand Cherokee also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

A more mature driver with a good driving record and high deductibles may pay as little as $1,300 a year, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay at least $5,300 a year. View Rates by Age

Where you choose to live has a huge impact on Jeep Grand Cherokee insurance prices. A driver around age 40 might see prices as low as $930 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,920 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $570 every year, whereas buying more liability protection will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $318 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,700 to $2,300 in extra premium annually, depending on your age. Jeep Grand Cherokee insurance for high-risk drivers can be as much as 43% to 133% more than the average rate. View High Risk Driver Rates

With such a large range in prices, the only way to figure out which insurance company is cheapest is to regularly compare prices and see which company has the best price. Each insurance company utilizes a different rate formula, and quoted prices will be substantially different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheaper Jeep Grand Cherokee Insurance

Finding better rates on car insurance requires being a safe and courteous driver, having good credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Take the time to compare rates every other policy renewal by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a condensed summary of the ideas that were covered in the above illustrations.

• Teenage drivers are the costliest to insure, with premiums being up to $444 per month if they have full coverage
• Higher risk drivers with multiple at-fault accidents pay on average $1,660 more annually for auto insurance
• Increasing policy deductibles can save around $575 each year
• It is possible to save approximately $170 per year simply by quoting online well ahead of the renewal date