Jeep Grand Cherokee Insurance Rates

The average insurance rates for a Jeep Grand Cherokee are $1,422 a year for full coverage. Comprehensive insurance costs on average $296 each year, collision costs $552, and liability is $416. A liability-only policy costs around $474 a year, with high-risk insurance costing $3,086 or more. 16-year-old drivers cost the most to insure at $5,324 a year or more.

Average premium for full coverage: $1,422

Policy rates by type of insurance:

These estimates include $500 deductible amounts, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and Grand Cherokee models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Rural areas are shown to have lower incidents of accident claims than congested cities.

The graphic below illustrates the difference between rural and urban areas on car insurance rates.

The examples above show why all drivers should compare rates quotes based on a specific location, instead of using rate averages.

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

Additional Charts and Tables

The chart below shows estimated Jeep Grand Cherokee insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $814
• Raising to $1,000 deductibles will save around $190 a year
• The estimated price for a good driver age 40 with $500 deductibles is $1,422
• Buying low deductibles will cost an additional $376 every year
• At-risk drivers with multiple tickets or accidents could pay upwards of $3,086 or more
• Policy cost that insures a teen driver may cost $5,324

View Chart as Image

Car insurance rates for a Jeep Grand Cherokee also range considerably based on the trim level and model year, how you drive, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you could be paying at a minimum $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 133% more than the average rate. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged upwards of $5,300 a year. View Rates by Age

Your home state also has a big influence on Jeep Grand Cherokee insurance prices. A middle-age driver might find rates as low as $940 a year in states like Idaho, Maine, and Iowa, or at least $2,030 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $570 every year, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $318 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know exactly what you will pay is to do a rate comparison and see which company has the best rate. Every auto insurance company utilizes a different rate formula, so rate quotes 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 Cheap Jeep Grand Cherokee Insurance

Finding cheaper rates on car insurance consists of having a good driving record, having a positive credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Comparison shop at every other renewal by getting quotes from direct carriers, and also from local exclusive and independent agents.

The next list is a brief summary of the concepts that were covered above.

• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,660 more each year to buy Jeep Grand Cherokee insurance
• Drivers age 20 and younger are expensive to insure, costing up to $444 each month if full coverage is purchased
• Drivers can save as much as $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• Drivers can save as much as $170 per year simply by quoting online in advance