Jeep Grand Cherokee Insurance Rates

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

Average premium for full coverage: $1,422

Policy rates broken down by type of insurance:

Rate estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Grand Cherokee trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of insurance. More rural locations are shown to have fewer physical damage claims than larger metro areas.

The diagram below illustrates the effect of geographic area on insurance prices.

The examples above illustrate why it is important to compare rates quotes for a targeted area and their own personal driving habits, instead of using price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $814
• Raising to $1,000 deductibles will save approximately $1,232 each year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,422
• Choosing low $100 deductibles will cost $1,798
• At-risk drivers with multiple violations and an at-fault accident could pay up to $3,086 or more
• Policy cost with full coverage for a teen driver can cost as much as $5,324

View Chart as Image

Insurance rates for a Jeep Grand Cherokee also range considerably based on the model year and trim level, your risk profile, and liability limits and deductibles.

Older drivers with no violations or accidents and high physical damage 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, where even without any violations or accidents they should be prepared to pay at least $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 43% to 133% more than average. View High Risk Driver Rates

Choosing high deductibles can reduce rates by up to $570 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $318 more each year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Jeep Grand Cherokee insurance prices. A middle-age driver might find rates as low as $930 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,920 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to get quotes and see which company has the best rate. Every auto insurance company uses a different rate calculation, and rates will be varied between companies.

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 Buy the Best Jeep Grand Cherokee Insurance

Finding cheaper rates on car insurance consists of being a low-risk driver, having good credit, being claim-free, and maximizing policy discounts. Take the time to compare rates every couple of years by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The items below are a brief recap of the material that was covered in the above illustrations.

• Policyholders who want more liability coverage will pay about $460 annually to raise from a 30/60 limit to higher 250/500 limits
• Teen drivers are expensive to insure, possibly costing $444 each month if they have full coverage
• Higher risk drivers who tend to receive serious violations may pay on average $1,660 more annually to insure their Grand Cherokee
• Increasing comprehensive and collision deductibles could save up to $575 each year