Jeep Grand Cherokee Insurance

How the Safety of the Jeep Grand Cherokee Affects Insurance Rates

Everything you need to know — and more

Jeep Grand Cherokee

When the Grand Cherokee was first introduced in 2000, it was considered a major breakthrough in the SUV category and one of the only luxury SUVs available. Safety was a major selling point and that tradition continues with the latest Grand Cherokee. If you own a Jeep, its safety reputation will work in your favor when it's time to shop for car insurance

An independent agent can help you find a great Jeep Grand Cherokee insurance policy at a price that works for your budget. They can also advise you on coverage levels as well as making sure you are receiving all available discounts on your policy. 

What Type of Insurance Is Best for a Jeep Cherokee?

Driving habits, the value of your vehicle, and even local state laws will all contribute to the type and price of car insurance you need.  Most states have mandatory insurance coverages in order to legally operate a vehicle, but there are optional policies to consider as well. 

State mandated coverage:

Bodily injury liability: If you're in an at-fault accident, you're financially liable for any injuries that you cause to other drivers. Bodily injury insurance helps pay for these injuries as well as covers the costs of lost wages and medical expenses for the third party involved in the accident.  

Every state except Florida and New Hampshire requires drivers to carry bodily injury liability insurance. 

Property damage liability: In an at-fault accident, you're also responsible for any property that is damaged. This can range from another person's vehicle, structure, or building. Property damage liability insurance helps to pay to repair or replace the damaged property. 

Medical payments or Personal injury protection: If you cause an accident where you and/or your passengers are injured, personal injury protection (PIP) coverage may cover medical expenses. PIP coverage is mandatory in states that have "no-fault" laws. No-fault laws require every driver to file an insurance claim with their own insurance after an accident, regardless of who was at fault. If you live in a state that does not have no-fault laws, you can still purchase PIP insurance as an add-on to your insurance policy.

Uninsured motorist coverage: Even though it's illegal, many drivers are on the roads without insurance or adequate coverage. Uninsured and underinsured motorist coverage helps pay for your car repairs or medical bills if you're in an accident with someone who doesn't have proper insurance.

Optional coverage: 

  • Collision insurance: This coverage helps pay for repairs or replacement of your vehicle if you're in an accident with another vehicle or an object. Although collision insurance is optional in most states, it's worth looking into if you don't want to pay for any at-fault damage to your vehicle out of pocket.
  • Comprehensive coverage: Sometimes a vehicle is damaged by an event that is out of our control. Whether it's caught in an ice storm or wildfire, comprehensive coverage will pay for the damage minus your deductible. 
  • Glass coverage: Flying rocks, falling icicles, and birds can all cause damage to your windshield or other glass on your vehicle. Glass coverage is a low cost add-on that fully covers chips, cracks, and breaks with no deductible. 
  • Gap insurance: A brand new Jeep Grand Cherokee can run you as much as $87,000. Car loans allow people to more affordably purchase a vehicle, but an untimely accident can leave you owing more on your vehicle than it's worth. Gap insurance helps pay off your car if you're involved in a total loss situation, so you don't have to come up with the money on your own. 

What Affects the Cost of Insurance for Your Jeep Grand Cherokee?

Insurance companies take a variety of factors into consideration when determining how much your car insurance premium will be. Some factors include your age, driving record, location, and your car's safety features and ratings.

Mid-size SUVs like the Jeep Grand Cherokee are generally 15% to 20% more expensive to insure than sedans. However, premiums will vary from model to model after taking factors like safety and the likelihood of theft into consideration.

Of course, drivers with fewer violations and accidents on their records enjoy lower insurance rates. Having just one violation on your record can add $1700 to $2300 extra annually to your Jeep Grand Cherokee insurance.

Average insurance rates for Jeep Grand Cherokee$1,414
Teens$5,196
High-risk drivers$3,052
High deductible$1,214
Low deductible$1,804

The safety of your Jeep Grand Cherokee

Safety features and ratings are a major component when it comes to calculating insurance premiums. Luckily, the Grand Cherokee is loaded with safety features and does well in safety tests. 

The 2021 Grand Cherokee earned a five-star rating from the National Highway Traffic Safety Administration. The Insurance Institute for Highway Safety backed up their findings with their highest rating of “Good.”  

The Grand Cherokee comes standard with a wide variety of safety features that should lower the cost of insurance. They include multistage airbags located throughout the vehicle, and electronic stability control, electronic roll mitigation, anti-lock brakes and all-speed traction to help maintain control.

Optional advanced safety features can drive your insurance costs even lower. Insurers love technology that helps prevent accidents or minimizes damage because it prevents claims. In most cases, insurers offer discounts for certain advanced safety features. 

The Grand Cherokee has a number of them, including lane departure warning with lane keep assist, forward collision warning with active braking, and blind-spot monitoring.

How location affects your Jeep Grand Cherokee car insurance premiums        

Your location can play a major role in the cost of your auto insurance rates. Certain states naturally have higher insurance premiums than others and insurance companies will even take into consideration whether you live in a city versus a rural neighborhood. 

Michigan is the most expensive state for Jeep Grand Cherokee car insurance, where residents pay an average of $2,458 per year. North Carolina is the least expensive state, where residents pay an average of just $816 per year. 

Least expensive states for Jeep Grand Cherokee insurance:
Virginia
Maine
North Carolina

A 40-year-old Jeep Grand Cherokee driver with a good record living in any of these states pays an average of $850 per year.

Most expensive states for Jeep Grand Cherokee insurance:
Kentucky
Louisiana
Michigan

A 40-year-old Jeep Grand Cherokee driver with a good record living in any of these states pays an average of $2,200 per year. 

Average cost of Jeep Grand Cherokee insurance by model:

Not all Jeep Grand Cherokee's have the same car insurance rates. Here's an example of how average rates vary by model. 

ModelRate
Jeep Grand Cherokee Laredo 2WD$1,324
Jeep Grand Cherokee Laredo 4WD$1,324
Jeep Grand Cherokee Limited 2WD$1,460
Jeep Grand Cherokee Laredo 4WD$1,460
Jeep Grand Cherokee SRT-8 4WD$1,504

Top Auto Insurance Carriers for Jeep Grand Cherokee

A good insurance company not only offers affordable coverage but also responds to inquiries and pays claims in a timely manner. Not all insurance companies are created equal. Your independent insurance agent can recommend insurance companies that they trust to meet their clients' needs. 

Here are four insurance companies that earned high marks in the US Independent Insurance Agent Satisfaction Study by J.D. Power:

  1. Progressive
  2. Safeco
  3. Travelers
  4. Auto-Owners Insurance

Where to Find a Grand Cherokee Car Insurance Policy

The Jeep Grand Cherokee is a great family vehicle. If you are shopping for one, or are already a proud Jeep owner, properly insuring it is key.

A TrustedChoice.com agent can help you shop for a Jeep Grand Cherokee insurance policy that offers the coverage you need at a price that fits into your budget. They will ensure that all of the discounts you qualify for are applied to your policy and present you with the best insurance plan. 

Contact an independent agent in your area today.  

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