Jeep Grand Cherokee Insurance Rates

The average insurance rates for a Jeep Grand Cherokee are $1,428 a year for full coverage insurance. Comprehensive insurance costs an estimated $306, collision costs $566, and liability is estimated at $398. A liability-only policy costs approximately $460 a year, with high-risk insurance costing $3,096 or more. 16-year-old drivers cost the most to insure at $5,310 a year or more.

Average premium for full coverage: $1,428

Policy rates broken down by type of insurance:

Full coverage includes $500 deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and for different Grand Cherokee trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than congested cities.

The price range example below illustrates how where you live affects insurance prices.

The examples above illustrate why anyone shopping for car insurance should get quotes for a targeted area, instead of making a decision based on rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $818
• Choosing higher $1,000 deductibles can save approximately $196 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,428
• Buying more expensive low deductibles for comp and collision coverage will cost an additional $386 annually
• Higher-risk drivers with multiple tickets or accidents could pay up to $3,096 or more
• Policy cost that insures a 16-year-old driver with full coverage can cost as much as $5,310 each year

View Chart as Image

Car insurance rates for a Jeep Grand Cherokee also range considerably based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance ranges from 43% to 133% more than the average rate. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged at least $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 $940 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,930 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $590 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $304 extra every 12 months. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to compare rates from multiple companies. Each auto insurer 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 More Affordable Jeep Grand Cherokee Insurance

Finding cheaper rates on insurance for a Jeep Grand Cherokee takes not taking risks behind the wheel, having a positive credit history, being claim-free, and not having any coverage lapses. Comparison shop at least every other year by getting rate quotes from direct insurance companies, and also from local insurance agencies.

The following is a summary of the car insurance concepts touched on in the above illustrations.

• Drivers considered higher risk who have multiple accidents or major violations may have to pay on average $1,670 more annually for Grand Cherokee insurance
• It is possible to save approximately $170 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• Insureds who want higher liability limits will pay around $440 annually to raise limits from a 30/60 limit to the 250/500 level