Jeep Grand Cherokee Insurance Rates

The average insurance prices for a Jeep Grand Cherokee are $1,428 every 12 months including full coverage. Comprehensive costs approximately $306 each 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:

Prices are based on $500 deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and Grand Cherokee models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than congested cities.

The graphic below illustrates the difference location can make on auto insurance prices.

The examples above highlight why all drivers should compare prices using their specific location and their own driving history, rather than using rate averages.

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

Additional Rate Details

The chart below breaks down estimated Jeep Grand Cherokee insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $818
• Using higher $1,000 deductibles will save $196 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,428
• Buying low deductibles for physical damage coverage increases the price to $1,814
• Higher-risk drivers with multiple tickets or accidents could pay around $3,096 or more
• Policy cost to insure a teenage driver can cost $5,310 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 of your Grand Cherokee.

Opting for high physical damage deductibles could cut rates by as much as $590 a year, whereas increasing liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $304 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may only pay around $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 in the ballpark of $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 anywhere from $1,700 to $2,300 additional every year, depending on your age. Insurance for high-risk drivers can be around 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 rates. A driver around age 40 might see rates as low as $1,100 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,040 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison 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 Shop for Affordable Jeep Grand Cherokee Insurance

Finding cheaper rates on auto insurance requires not taking risks behind the wheel, having above-average credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Make time to compare rates every couple of years by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

The following is a brief review of the material that was touched on in this article.

• Consumers who purchase higher liability limits will pay around $440 per year to increase from a 30/60 limit to a 250/500 level
• Teens are the costliest to insure, with premiums being up to $443 each month if full coverage is included
• Drivers with DUI or reckless driving convictions could be charged and average of $1,670 more per year for Grand Cherokee insurance
• Increasing comprehensive and collision deductibles could save as much as $575 each year