Jeep Grand Cherokee Insurance Rates

The average insurance rates for a Jeep Grand Cherokee are $1,428 a year with full coverage. Comprehensive insurance costs approximately $306 a year, collision costs $566, and liability insurance is $398. Liability-only insurance costs around $460 a year, with high-risk driver insurance costing $3,096 or more. Teenage drivers cost the most to insure at $5,310 a year or more.

Average premium for full coverage: $1,428

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, bodily injury liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and Grand Cherokee trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on the price of insurance. Rural locations are shown to have lower incidents of collision claims than densely populated cities.

The diagram below illustrates how location impacts auto insurance prices.

The examples above demonstrate why it is important to compare rates quotes using their specific location, rather than relying on average rates.

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

Rate Comparisons

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

• The best discount rate is $818
• Raising to $1,000 deductibles will save $1,232 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,428
• Using low $100 deductibles will cost an additional $386 a year
• Higher-risk drivers who are prone to accidents and violations could pay around $3,096 or more
• Policy cost that insures a teen driver can cost $5,310

View Chart as Image

Auto insurance rates for a Jeep Grand Cherokee also range considerably based on the trim level of your Grand Cherokee, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 43% to 133% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state also has a big influence on Jeep Grand Cherokee insurance rates. A middle-age driver might find rates as low as $1,030 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,930 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $590 each year, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $304 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to get quotes from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and quoted rates will be varied.

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 Affordable Jeep Grand Cherokee Insurance

Finding cheaper rates on Jeep Grand Cherokee insurance consists of being a safe and courteous driver, maintaining a good credit score, not filing small claims, and not having any coverage lapses. Compare prices every other policy renewal by obtaining price quotes from direct companies, and also from local insurance agencies.

Below is a brief review of the ideas that were touched on above.

• Teenage drivers have the highest car insurance rates, as much as $443 each month if the policy includes full coverage
• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,670 more per year for auto insurance
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• You may be able to save around $170 per year simply by quoting early and online