Jeep Grand Cherokee Insurance Rates

The average insurance rates for a Jeep Grand Cherokee are $1,460 a year for full coverage insurance. Comprehensive costs approximately $336, collision insurance costs $594, and liability is estimated at $372. Buying just liability costs approximately $438 a year, and insurance for high-risk drivers costs around $3,150. 16-year-old drivers cost the most to insure at up to $5,338 a year.

Average premium for full coverage: $1,460

Policy rates by type of insurance:

Price estimates include $500 deductibles, split liability limits of 30/60, and includes uninsured motorist coverage. Prices are averaged for all 50 states and for all Grand Cherokee models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than congested cities. The example below illustrates the difference location can make on auto insurance prices.

The examples above illustrate why everyone should get quotes using their specific location, instead of using rate averages.

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

Insurance Rate Analysis

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

• The best full coverage rate is $837
• Choosing higher $1,000 deductibles can save $212 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,460
• Buying pricier low deductibles for comp and collision coverage bumps up the cost to $1,870
• Unlucky drivers with multiple tickets or accidents could pay around $3,150
• Policy cost that insures a teen driver for full coverage can cost $5,338 each year

View Chart as Image

Insurance rates for a Jeep Grand Cherokee also range considerably based on the model of your Grand Cherokee, your age and driving record, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,700 to $2,300 extra every year, depending on your age. Jeep Grand Cherokee insurance for high-risk drivers ranges as much as 43% to 130% more than the average rate. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,400 annually on average, or $117 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state plays a big part in determining prices for Jeep Grand Cherokee insurance prices. A good driver about age 40 could pay as low as $960 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,970 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $630 every year, whereas buying more liability protection will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $285 more per year. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Rates assume 2024 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 cheaper rates on car insurance takes being a safe driver, having above-average credit, being claim-free, and possibly raising deductibles. Comparison shop at least once a year by requesting quotes from direct insurance companies, and also from your local car insurance providers.

Here is a condensed summary of the primary concepts that were touched on in this article.

• It is possible to save around $180 per year just by quoting online well ahead of the renewal date
• Higher risk drivers with multiple at-fault accidents could be charged and average of $1,690 more per year for insurance
• Increasing comprehensive and collision deductibles can save approximately $625 each year
• Young drivers are expensive to insure, possibly costing $445 each month if full coverage is included