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Cheapest Insurance Quotes for a Jeep Grand Cherokee in Illinois

Whether or not you can find cheaper auto insurance for a Jeep Grand Cherokee in Illinois is dependent upon things like the number of years you have been licensed, if you have maintained coverage continuously, and any prior driving offenses. Drivers in Illinois pay on average $830 per year to insure their Grand Cherokee, but that rate is an estimate using rating data for a 40-year-old married male driver that has full comprehensive and collision coverage and $100 deductibles.

There is a high probability that you are not a 40-year-old male, single instead of married, or maybe you have a teenager that needs to be on your policy. Each driver has unique rating factors, so the most reliable way to find the most affordable coverage for your Jeep is to make a habit of comparing rates at every renewal. Quotes only take a few minutes and you will get price quotes from the cheapest companies available.

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The trim level of your Grand Cherokee tends to have a direct effect on the annual cost of coverage, so the price you pay to insure a Grand Cherokee Laredo 2WD trim level will be $92 less expensive the insurance cost for the more costly Grand Cherokee SRT-8 4WD model, as shown in the prices below.

Jeep Grand Cherokee Insurance Rates in Illinois
ModelCompCollisionLiabilityMedicalUM/UIMAnnual PremiumMonthly Premium
Grand Cherokee Laredo 2WD$204$374$268$16$80$942$79
Grand Cherokee Laredo 4WD$204$374$268$16$80$942$79
Grand Cherokee Limited 2WD$230$440$268$16$80$1,034$86
Grand Cherokee Limited 4WD$230$440$268$16$80$1,034$86
Grand Cherokee SRT-8 4WD$230$440$268$16$80$1,034$86
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Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Premium amounts do not factor in specific zip code location which can raise or lower coverage prices greatly.

Figuring out which companies have the best auto insurance rates for a Jeep Grand Cherokee will involve more time in order to find the lowest price quote. Every insurance company has their own unique process for establishing rates, so let’s take a look at the auto insurance companies that tend to have lower prices in Illinois.

It’s a good idea to know that Illinois auto insurance rates are determined by lots of factors which can significantly increase or decrease the cost of having a policy. Simply improving your credit, having a teenage driver, or having an at-fault accident can trigger changes in premium that can make some companies cheaper in comparison to the competition.

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Cheapest insurance companies in Illinois
RankCompanyCost Per Year
1The Hartford$776
2Rockford Mutual$838
4Cincinnati Insurance$897
6Utica National$946
10State Farm$982
18California Casualty$1,209
20State Auto$1,236
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The Hartford may have some of the best car insurance rates in Illinois at around $776 per year. Rockford Mutual, Titan, Cincinnati Insurance, and Erie also rank well as some of the best Illinois insurance companies.

In the above example, if you currently have a policy with Titan and switched to The Hartford, you may see yearly savings of upwards of $102. Illinois drivers with Cincinnati Insurance could save as much as $121 a year, and Erie insureds might cut rates by $138 a year.

If you would like to find the cheapest insurance for a Jeep Grand Cherokee in Illinois, click here to begin a quote or visit several of the following companies.

These premiums are averages across all types of drivers and the different vehicles they drive and are not factoring in a specific rate value for a Jeep Grand Cherokee. So the company that has the cheapest price for you may not even be included in the chart above. That is why you need to quote rates from many companies using your own personal information and vehicle type.

The illustration below illustrates how your choice of deductibles can raise or lower insurance rates when searching for cheap insurance for a Jeep Grand Cherokee. The premiums assume a married female driver, comprehensive and collision coverage, and no other discounts are factored in.

The data above shows that a 50-year-old driver could lower their car insurance rates by $248 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $374 by selecting a $1,000 deductible. Even younger insureds, like the 20-year-old example, could drop their prices up to $616 or even more by choosing larger deductibles on their policy.

When insureds make the decision to increase the deductibles on their policy, it is a good idea to have additional funds in a savings account to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Full coverage versus liability-only in Illinois

Finding the cheapest insurance for a Jeep Grand Cherokee in Illinois is the goal of the majority of drivers, and one easy way to lower the cost of insurance is to not buy full coverage. The diagram below compares yearly insurance costs with and without full coverage. The rate quotes are based on no claims or violations, $1,000 deductibles, drivers are not married, and no discounts are applied.

If averaged for all ages, comprehensive and collision coverage on your policy costs an extra $1,392 per year over and above liability only. That is a significant amount which raises the question if buying full coverage is a good investment. There is no exact rule of when to drop physical damage coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than about 10% of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

How to find more affordable car insurance for a Jeep Grand Cherokee

The list below details some money-saving suggestions that can help drivers buy more affordable coverage.

  • Pay cheaper rates with good credit scores
  • Avoid at-fault accidents and claims
  • Buy your homeowners policy from the same company as your auto insurance
  • Do not insure for full coverage
  • Buy a vehicle with excellent safety ratings
  • Look for cheaper rates once a year by shopping around

The last item on the list is very crucial, as was noted in the prior information. Auto insurance prices in Illinois can change in a short period of time, so don’t be unwilling to change insurance companies if a better rate can be found.

Having a favorite company is great, but it isn’t a good idea if that faithfulness ends up costing you thousands of dollars over several years. If you have a few minutes, compare rates to find cheaper auto insurance for a Jeep Grand Cherokee.

Allstate vs State Farm vs Progressive vs Geico

When researching auto insurance, some of the first companies to look at are Allstate, State Farm, Progressive, and Geico. The next table shows price, claims, and customer service ratings, as well as some optional coverages that you can purchase from each one.

Comparison of Allstate, State Farm, Progressive, and Geico
AllstateState FarmProgressiveGeico
Claims Service1st2nd4th3rd
Overall Price4th2nd3rd1st
Discounts Available1st3rd4th2nd
Overall Satisfaction2nd4th3rd1st
Rating from A.M. BestA+A++A+A++
S&P financial ratingAA-AAAAAA+
Usage-based ratingYesYesYesNo
Roadside assistanceYesYesYesYes
New car replacement insuranceYesNoNoNo
Uber and Lyft insuranceYesYesYesYes
Accident forgivenessYesNoYesYes
Mechnical breakdownNoNoYesYes
Insure in IllinoisYesYesYesYes
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