Jeep Grand Cherokee Insurance Rates

The average insurance rates for a Jeep Grand Cherokee are $1,428 a year for full coverage insurance. Comprehensive costs on average $306 a year, collision costs $566, and liability coverage costs around $398. Liability-only coverage costs as low as $460 a year, with high-risk coverage 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 by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on insurance rates. Rural areas are shown to have lower incidents of physical damage claims than congested cities.

The diagram below illustrates how location impacts car insurance rates.

The examples above illustrate why it is important to compare prices based on a specific location, rather than using rate averages.

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

Additional Rate Information

The chart below illustrates estimated Jeep Grand Cherokee insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $818
• Using higher $1,000 deductibles will save around $1,232 each year
• The estimated price for a good driver age 40 with $500 deductibles is $1,428
• Buying low $100 deductibles for physical damage coverage bumps up the cost to $1,814
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $3,096 or more
• Policy cost that insures a teenage driver may cost $5,310 or more

View Chart as Image

Insurance rates for a Jeep Grand Cherokee also range considerably based on the trim level of your Grand Cherokee, your age and driving record, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you are probably paying at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can be around 43% to 133% more than the average rate. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay upwards of $5,300 a year. View Rates by Age

Your home state has a huge impact on Jeep Grand Cherokee insurance rates. A driver around age 40 might see rates as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,930 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $590 a year, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $304 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out exactly what you will pay is to get quotes and see how they stack up. 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 Find More Affordable Jeep Grand Cherokee Insurance

Finding cheaper rates on auto insurance requires being a safe and courteous driver, having a good credit score, being claim-free, and insuring your home and auto with the same company. Comparison shop at every other renewal by getting rate quotes from direct insurance companies, and also from your local independent and exclusive agents.

Below is a summary of the concepts that were touched on above.

• Drivers who have multiple accidents or major violations may pay on average $1,670 more each year for auto insurance
• Teenage drivers pay higher rates, possibly costing $443 each month if comprehensive and collision insurance is included
• It is possible to save as much as $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $575 each year
• It is possible to save as much as $170 per year simply by quoting early and online