Jeep Grand Cherokee Insurance Rates

The average insurance prices for a Jeep Grand Cherokee are $1,422 every 12 months including full coverage. Comprehensive costs an estimated $296, collision costs $552, and liability costs around $416. Liability-only coverage costs as low as $474 a year, with high-risk coverage costing around $3,086. 16-year-old 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:

Prices include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for different Grand Cherokee trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than congested cities.

The price range example below illustrates how location helps determine insurance prices.

The examples above highlight why anyone shopping for car insurance should compare prices for a targeted area and their own driving history, instead of using rate averages.

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

More Rate Information

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

• The best full coverage rate is $814
• Using higher $1,000 deductibles will save approximately $190 every year
• The average price for a good driver age 40 who has $500 deductibles is $1,422
• Buying more expensive low deductibles for physical damage coverage increases the price to $1,798
• Drivers with multiple tickets or accidents could pay up to $3,086 or more
• Policy cost to insure a teen driver with full coverage can cost as much as $5,324 or more

View Chart as Image

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

Opting for high physical damage deductibles could cut rates by as much as $570 every year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $318 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers 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 were responsible for an accident, you are likely paying $1,700 to $2,300 additional every year, depending on your age. High-risk driver insurance can be as much as 43% to 133% more than the average rate. View High Risk Driver Rates

Your home state has a huge impact on Jeep Grand Cherokee insurance prices. A driver around age 40 might see rates as low as $1,090 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,030 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to compare rates and see which company has the best rate. Each insurance company utilizes a different rate formula, and rates 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 Shop for the Right Jeep Grand Cherokee Insurance

Finding cheaper rates on car insurance requires having a decent driving record, having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Invest time comparing rates at least once a year by obtaining price quotes from direct car insurance companies, and also from local insurance agencies.

The following items are a quick rundown of the primary concepts that were covered in the charts and tables above.

• You may be able to save approximately $170 per year simply by shopping early and online
• Higher risk drivers with reckless driving or DUI convictions may have to pay on average $1,660 more annually than a driver with a clean driving record
• Increasing comprehensive and collision deductibles could save as much as $575 each year
• 16 to 18-year-old drivers are expensive to insure, with premiums being up to $444 each month if full coverage is included