Jeep Grand Cherokee Insurance Rates

Average insurance rates for a Jeep Grand Cherokee are $1,422 a year for full coverage insurance. Comprehensive costs approximately $296 each year, collision costs $552, and liability coverage costs $416. A policy with just liability insurance costs as little as $474 a year, with coverage for high-risk drivers costing around $3,086. 16-year-old drivers receive the highest rates at $5,324 a year or more.

Average premium for full coverage: $1,422

Rate estimates by individual coverage type:

These estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and Grand Cherokee models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of auto insurance. Rural locations tend to have a lower frequency of physical damage claims than congested cities.

The graphic below illustrates how geographic area affects auto insurance prices.

These examples illustrate why all drivers should compare rates using their specific location and risk profile, rather than using rate averages.

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

Additional Rate Information

The chart below illustrates estimated Jeep Grand Cherokee insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $814
• Drivers who choose higher $1,000 deductibles will pay $190 each year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,422
• Buying low deductibles for comprehensive and collision insurance will increase the cost to $1,798
• High-risk insureds with multiple tickets or accidents could pay around $3,086 or more
• The cost for full coverage for a teenage driver can cost $5,324 a year

View Chart as Image

Insurance rates for a Jeep Grand Cherokee can also vary considerably based on your driver profile, the model year and trim level, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high deductibles may only pay around $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Where you live makes a big difference in Jeep Grand Cherokee insurance rates. A 40-year-old driver could pay 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 save up to $570 a year, whereas increasing liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will cost as much as $318 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying anywhere from $1,700 to $2,300 additional per year, depending on your age. Insurance for high-risk drivers can cost around 43% to 133% more than the average rate. View High Risk Driver Rates

With so much variability in rates, the only way to figure out who has the best car insurance rates is to do a rate comparison and see how they stack up. Every company utilizes a different rate formula, and rates can be significantly 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 Cheap Jeep Grand Cherokee Insurance

Saving money on auto insurance not only requires being a safe and courteous driver, but also having a good credit history, avoid buying unnecessary coverage, and qualifying for all possible discounts. Invest the time to compare rates every time your policy renews by obtaining price quotes from direct insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.

Below is a brief summary of the information presented in the illustrations above.

• It is possible to save around $170 per year simply by quoting online in advance
• Teenage drivers are the costliest to insure, costing up to $444 per month including comprehensive and collision insurance
• Increasing deductibles can save around $575 each year
• Drivers that tend to have accidents or serious violations may pay on average $1,660 more per year for auto insurance
• Consumers who purchase higher levels of liability will pay around $460 annually to go from a minimum limit to 250/500 limits