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 insurance costs on average $306, collision insurance costs $566, and liability costs $398. Buying just liability costs as little as $460 a year, and insurance for high-risk drivers costs $3,096 or more. Teenage drivers cost the most to insure at up to $5,310 a year.

Average premium for full coverage: $1,428

Policy rates by type of insurance:

Full coverage includes $500 deductible amounts, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and for all Grand Cherokee models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on insurance rates. Rural areas are shown to have more infrequent physical damage claims than densely populated cities. The example below illustrates the difference location can make on car insurance rates.

The examples above illustrate why everyone should compare rates based on a specific location and their own driving history, instead of using average rates.

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

Additional Rate Analysis

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

• The best discount 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
• Using pricier low deductibles for comprehensive and collision insurance costs an extra $386 every year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $3,096
• Policy cost to insure a teen driver for full coverage 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.

Using high physical damage deductibles could save up to $590 every year, whereas buying more liability protection 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

A more mature driver with a clean driving record and higher deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher 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. Jeep Grand Cherokee insurance for high-risk drivers can cost as much as 43% to 133% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Jeep Grand Cherokee insurance prices. A 40-year-old driver could pay as low as $940 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,930 on average in Michigan, New York, and Florida.

View Chart as Image

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 More Affordable Jeep Grand Cherokee Insurance

Finding cheaper rates on car insurance not only requires having a good driving record, but also having good credit, being claim-free, and determing if full coverage is necessary. Make time to compare rates every couple of years by requesting rates from direct insurance companies, and also from several local insurance agents.

The next list is a summary of the material that was touched on in this article.

• Policyholders who require increased levels of liability coverage will pay an extra $440 annually to go from a 30/60 limit to a 250/500 level
• Drivers age 20 and younger pay the highest rates, possibly costing $443 each month if they have full coverage
• Higher risk drivers who have multiple accidents or major violations pay on average $1,670 more each year to buy Jeep Grand Cherokee insurance
• Increasing comprehensive and collision deductibles could save as much as $575 each year