Jeep Grand Cherokee Insurance Rates

If you ever wondered, “Are Jeep Grand Cherokees expensive to insure?” you should know that drivers spend an average of $1,414 a year for full coverage. There are several factors that determine Jeep Grand Cherokee insurance rates, such as the age and location of the driver.

Comparing 2019 Jeep Cherokee insurance cost with 2005 Jeep Grand Cherokee insurance rates or 2015 Jeep Grand Cherokee insurance cost is the best way to find affordable Jeep Grand Cherokee car insurance quotes for your vehicle.

Shop around to find the best rates before you buy Jeep Grand Cherokee car insurance.

In order to help you on your way to securing a policy that meets your needs and budget, we have prepared this detailed article. You can even start comparing affordable Jeep Grand Cherokee car insurance quotes right now by taking advantage of our free online tool.

Estimated insurance rates for a Jeep Grand Cherokee are $1,396 a year including full coverage. Comprehensive insurance costs approximately $306, collision costs $542, and liability insurance is $390. Liability-only insurance costs around $452 a year, with high-risk driver insurance costing $3,014 or more. 16-year-old drivers pay the most at $5,168 a year or more.

Average premium for full coverage: $1,396

Premium estimates by type of coverage:

Includes $500 physical damage deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and for all Grand Cherokee models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on car insurance prices. Rural locations are statistically proven to have a lower frequency of comprehensive and collision claims than congested cities.

The example below illustrates how location impacts auto insurance prices.

These rate differences highlight why everyone should compare rates quotes using their specific location and risk profile, rather than relying on rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $805
• Raising to $1,000 deductibles will save $192 every year
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,396
• Buying pricier low deductibles will cost an extra $372 a year
• Higher-risk drivers with multiple tickets or accidents could pay around $3,014 or more
• An auto insurance policy for full coverage for a teen driver for full coverage can cost $5,168

View Chart as Image

Insurance prices for a Jeep Grand Cherokee also have a wide range based on your driving characteristics, the model of your Grand Cherokee, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents and high deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay in the ballpark of $5,100 a year. View Rates by Age

Where you choose to live also has a big influence on Jeep Grand Cherokee insurance rates. A middle-age driver might find prices as low as $1,070 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,990 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $570 each year, whereas buying more liability protection will push prices upward. Changing from a 50/100 limit to a 250/500 limit will cost up to $351 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying anywhere from $1,600 to $2,300 additional annually, depending on your age. Jeep Grand Cherokee insurance for high-risk drivers is expensive and can cost anywhere from 45% to 128% more than the average rate. View High Risk Driver Rates

With such a large range in prices, the best way to figure out who has the best auto insurance prices is to regularly compare prices from as many companies as possible. Every auto insurance company utilizes a different rate formula, and prices will be substantially different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2020 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 the Cheapest Jeep Grand Cherokee Insurance

Finding better rates on Jeep Grand Cherokee insurance consists of being a safe and courteous driver, having a good credit history, refrain from filing small claims, and qualifying for all possible discounts. Spend time shopping around once a year by getting rate quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below is a recap of the data that was touched on above.

• You may be able to save around $170 per year simply by quoting online well ahead of the renewal date
• Drivers who purchase higher levels of liability will pay around $430 per year to raise from 30/60 bodily injury limits to 250/500 limits
• Teenage drivers are the costliest to insure, with the cost nearing $431 per month including comprehensive and collision insurance
• High-risk drivers that have major violations or accidents could be forced to pay on average $1,620 more per year for auto insurance

Now that we’ve addressed the question “how much is insurance for a Jeep Cherokee?” let’s look at what affects Jeep Grand Cherokee auto insurance rates. For instance, we’ve seen how 2020 Jeep Cherokee insurance costs may differ from 2012 Jeep Grand Cherokee insurance rates.

To this point, it’s clear that insurance companies consider a wide assortment of factors when quoting potential policyholders. You can start to discover Jeep Cherokee insurance costs right now by using our complimentary quote comparison tool below.

What are the safety ratings of the Jeep Grand Cherokee?

The safety ratings of the Jeep Grand Cherokee are important to know because positive scores translate to better insurance rates. 

Take a look at the Jeep Grand Cherokee’s safety ratings as determined by the Insurance Insitute for Highway Safety.

• Small overlap front (driver-side): Marginal
• Small overlap front (passenger-side): Poor
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

These scores indicate that the Jeep Grand Cherokee received high marks in most parts of the vehicle that were tested. However, the overlap on both sides of the front of the vehicle has some room for improvement.

Jeep Grand Cherokee Crash Test Ratings

Crash-test ratings are important, as they help insurers calculate bodily injury risk. If a car has poor crash test ratings, it means that an insurer is more likely to have to pay medical bills after a crash.

A few builds of the Jeep Grand Cherokee have 3-star crash test ratings, which isn’t great.

Jeep Grand Cherokee Insurance Loss Probability

A low insurance loss probability means better rates, as there is less risk of an insurer having to pay out a claim. On the other hand, a high insurance loss probability means higher insurance rates.

All of these insurance loss probabilities look great, as the majority are negative.

Jeep Grand Cherokee Compared Against Other Vehicles in the Same Class

Classified as a midsize SUV, the Jeep Grand Cherokee has plenty of competition for its vehicle segment. Take a look at the following comparable models:

• Chevrolet Traverse
• GMC Acadia
• Hyundai Santa Fe

When it comes down to the figures, the IIHS reports that the Jeep Grand Cherokee has a bodily injury loss percentage of -2 percent and a property damage loss percentage of 1 percent. These figures are considered average for this vehicle class.

Frequently Asked Questions

• Do Jeep Grand Cherokees have a lot of problems? They have a quarter of all complaints against Jeep models with 3,000 overall models.

We have uncovered a lot of information about Jeep Grand Cherokee car insurance, so is there anything we might’ve missed? If not, start comparing Jeep Grand Cherokee insurance rates from multiple companies by using our free online quote tool.