Jeep Grand Cherokee Insurance Rates

The average insurance prices for a Jeep Grand Cherokee are $1,428 every 12 months for full coverage insurance. Comprehensive costs on average $306 each year, collision costs $566, and liability coverage 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 by type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and Grand Cherokee models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on insurance rates. Rural areas are shown to have more infrequent physical damage claims than congested cities.

The graphic below illustrates the difference between rural and urban areas on car insurance rates.

The examples above illustrate why all drivers should compare rates based on a 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 Analysis

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

• The best full coverage rate is $818
• Drivers who choose higher $1,000 deductibles will pay around $196 each year
• The average price for a good driver age 40 with $500 deductibles is $1,428
• Buying low deductibles for comprehensive and collision insurance increases the price to $1,814
• High-risk insureds with multiple tickets or accidents could pay upwards of $3,096 or more
• Policy cost to insure a teenage driver may cost $5,310 a year

View Chart as Image

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

Opting for high physical damage deductibles could save up to $590 a year, whereas increasing liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $304 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay upwards 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 probably paying at a minimum $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost around 43% to 133% more than the average rate. View High Risk Driver Rates

Your home state makes a big difference in Jeep Grand Cherokee insurance rates. A 40-year-old driver could pay 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

Because rates have so much variability, the only way to figure out exactly what you will pay is to do a rate comparison and see how they stack up. Every company utilizes a different rate formula, so the 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 Best Jeep Grand Cherokee Insurance

Finding cheaper rates on auto insurance not only requires having a decent driving record, but also having good credit, being claim-free, and bundling your home and auto policies. Set aside time to compare rates at least every other year by getting rate quotes from direct insurance companies, and also from several local insurance agents.

The following items are a brief recap of the car insurance concepts covered above.

• Drivers who tend to receive serious violations pay on average $1,670 more each year than a driver with a clean driving record
• It is possible to save as much as $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $575 each year
• Consumers who require additional liability coverage will pay around $440 annually to go from a 30/60 limit to a 250/500 level