Jeep Grand Cherokee Insurance Rates

The average insurance rates for a Jeep Grand Cherokee are $1,428 a year with full coverage. Comprehensive costs around $306 a year, collision costs $566, and liability costs $398. Buying just liability costs as little as $460 a year, with insurance for high-risk drivers costing around $3,096. 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 for type of insurance:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and Grand Cherokee trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than congested cities.

The diagram below illustrates the difference location can make on auto insurance rates.

The examples above demonstrate why it is important to compare rates for a specific zip code and risk profile, 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 details estimated Jeep Grand Cherokee insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $818
• Drivers who choose higher $1,000 deductibles will pay about $1,232 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,428
• Buying low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,814
• Drivers with multiple tickets or accidents could pay at least $3,096 or more
• Policy cost for full coverage for a 16-year-old driver can be $5,310 a year

View Chart as Image

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

Older drivers with a clean driving record and high deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay as much as $5,300 a year. View Rates by Age

Your home state makes a big difference in Jeep Grand Cherokee insurance prices. A 40-year-old driver could pay as low as $1,030 a year in states like New Hampshire, Ohio, and Utah, or at least $1,930 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $590 annually, while buying higher liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $304 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,700 to $2,300 extra every year, depending on your age. A high-risk auto insurance policy can cost from 43% to 133% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out your exact price is to get quotes from multiple companies. Every company utilizes a different rate formula, so the rates will be varied from one company to the next.

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 Low Cost Jeep Grand Cherokee Insurance

Finding cheaper rates on insurance for a Jeep Grand Cherokee not only requires avoiding accidents and violations, but also maintaining good credit, not filing small claims, and insuring your home and auto with the same company. Make time to compare rates every couple of years by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The list below is a review of the material that was touched on in this article.

• Insureds who may need higher liability limits will pay around $440 every year to go from a 30/60 limit to 250/500 limits
• Teenagers pay higher rates, as much as $443 each month for full coverage
• Drivers considered higher risk who have several accidents or serious violations pay an average of $1,670 more every year for car insurance
• Increasing comprehensive and collision deductibles can save around $575 each year