Jeep Grand Cherokee Insurance Rates

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

Estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and for different Grand Cherokee trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on the price of insurance. More rural locations are shown to have a lower frequency of physical damage claims than cities with more traffic congestion.

The price range example below illustrates how location impacts insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare prices for a targeted area and risk profile, rather than relying on averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $814
• Using higher $1,000 deductibles will save approximately $190 each year
• The average rate for a good driver age 40 who has $500 deductibles is $1,422
• Selecting more expensive low deductibles for physical damage coverage will increase the cost to $1,798
• Drivers with serious driving violations could pay up to $3,086 or more
• Policy cost for full coverage for a teen driver with full coverage can cost as much as $5,324 or more

View Chart as Image

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

An older driver with a good driving record and high deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay at least $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 $930 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,920 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $570 each year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $318 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying $1,700 to $2,300 in extra premium every year, depending on your age. High-risk driver insurance can be anywhere from 43% to 133% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to compare rates from as many companies as possible. Each insurance company calculates rates differently, and quoted 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 Jeep Grand Cherokee insurance requires having a decent driving record, having good credit, being claim-free, and qualifying for all possible discounts. Spend time shopping around at every policy renewal by requesting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a review of the data touched on above.

• Drivers who want additional liability coverage will pay approximately $460 annually to increase from a 30/60 limit to 250/500 limits
• It is possible to save approximately $170 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save around $575 each year
• 16 to 18-year-old drivers are the costliest to insure, possibly costing $444 each month if they have full coverage