Jeep Cherokee Insurance Cost for 2023

• Jeep Cherokee insurance costs $1,968 per year ($164 per month) for a full coverage policy.
• The Jeep Cherokee is one of the more expensive midsize SUVs to insure, costing $198 more per year on average as compared to the rest of the vehicles in the segment.
• The Cherokee X 4WD trim level is the cheapest to insure at around $1,894 per year. The most expensive trim is the Limited 4WD at $2,010 per year.
• Average rates for earlier Jeep Cherokee model years range from $1,250 for the 2014 model year to $1,896 for the 2020 model year.

How much does Jeep Cherokee insurance cost?

Jeep Cherokee car insurance costs an average of $1,968 per year for a full coverage policy. Monthly insurance cost for a Jeep Cherokee averages $164 and ranges from $158 to $168, depending on the trim level.

With the average midsize SUV costing $1,770 a year to insure, the Jeep Cherokee costs on average $198 more per year.

When comparing the Cherokee to all vehicles, not just other midsize SUV models, it costs $240 more to insure a Jeep Cherokee than the overall average rate of $1,728 per year.

The following chart breaks down average car insurance cost on a 2023 Jeep Cherokee using different risk profiles and driver ages. The cheapest rates are normally reserved for more mature drivers with clean driving records and solid financial stability. On the other end, younger drivers who tend to have high-risk driving tendencies have the highest rates.

To understand how much rate variability there can be when buying car insurance, consider that insuring a Cherokee with only liability insurance in the most affordable parts of Maine or North Carolina can be as low as $220 a year. On the flip side, a teenager with a couple of driving violations in sketchier neighborhoods in Los Angeles might be as much as $15,430 a year for a policy that provides full coverage.

How do Jeep Cherokee insurance rates compare?

The Jeep Cherokee ranks 25^th out of 31 total vehicles in the 2023 midsize SUV segment. The Cherokee costs an average of $1,968 per year for full coverage insurance and the class average cost is $1,770 annually, a difference of $198 per year.

When compared to the best-selling models in the midsize SUV category, car insurance for a Jeep Cherokee costs $42 more per year than the Jeep Grand Cherokee, $162 more than the Toyota Highlander, $426 more than the Ford Explorer, and $410 more than the Subaru Outback.

When Jeep Cherokee insurance rates are compared to all vehicles, not just midsize SUVs, the average cost is 13% more than the national average car insurance rate of $1,728 per year.

The chart below shows how average car insurance rates for a 2023 Cherokee compare to the top 10 selling midsize SUVs in America. For rates on the additional 21 midsize SUVs, a more comprehensive table is included after the chart that ranks insurance costs for every model of midsize SUV for the 2023 model year.

When average MSRP for each model in the midsize non-luxury SUV segment is factored in, we can see how the cost of car insurance compares between the Cherokee and other models with similar average cost. A 2023 Cherokee has an average MSRP of $36,678 and ranges from $35,245 to $39,345.

The models that have the most similar average MSRP to the Jeep Cherokee for the 2023 model year are the Subaru Outback, Hyundai Santa Fe, Toyota Venza, and Kia Sorento.

The next list shows how they compare to a 2023 Cherokee by purchase price and average cost of insurance.

• Compared to the Subaru Outback – With an average sticker price of $36,306 and ranging from $28,395 to $42,292, the Subaru Outback costs $372 less than the Cherokee. Insuring the Subaru Outback costs an average of $410 less every 12 months than the Jeep Cherokee.
• Compared to the Hyundai Santa Fe – With an average dealer MSRP of $37,841 and ranging from $28,200 to $46,010, the 2023 Hyundai Santa Fe costs $1,163 more than the MSRP for the Cherokee. Insuring a 2023 Cherokee compared to the Hyundai Santa Fe costs an average of $110 more per year.
• Compared to the Toyota Venza – Having an average purchase price of $38,018 ($33,595 to $41,740), the Toyota Venza costs $1,340 more than the Cherokee. Insurance on a Jeep Cherokee costs an average of $318 more per year than the Toyota Venza.
• Compared to the Kia Sorento – The Kia Sorento has an average retail price of $38,826, ranging from $29,990 to $49,890, which is $2,148 more expensive than the average cost for the Cherokee. The cost to insure a Jeep Cherokee compared to the Kia Sorento is $308 more per year on average.

To see more comparisons, visit our insurance rate comparisons page for a complete list of available makes and models.

What is the cheapest Jeep Cherokee insurance?

With Jeep Cherokee insurance rates ranging from $1,894 to $2,010 per year for the average driver, the top two cheapest trim levels to insure are the X 4WD and the Latitude Lux 2WD at $1,894 and $1,956 per year.

On average, plan on paying at a bare minimum $158 per month to insure a Cherokee with full coverage, depending on the policy limits.

The most expensive models of Jeep Cherokee to insure are the Limited 4WD and the Trailhawk 4WD. Those trims will cost around $110 more per year to insure over the least expensive X 4WD model.

In most instances, as the cost of a vehicle goes up with trim level and added options, insurance cost also increases. The Cherokee is no exception, so plan on paying higher rates for top-level trim levels.

The following table details average full coverage Jeep Cherokee insurance cost by trim level for annual, semi-annual, and monthly terms for the 2023 model year.

Jeep Cherokee prior model year insurance rates

The following sections detail average Jeep Cherokee insurance rates for every trim level for the 2014 to 2022 model years.

2022 Jeep Cherokee Insurance Rates

Insurance rates for a 2022 Jeep Cherokee average $1,928 per year, or around $161 per month. Rates range from $1,858 per year for the Cherokee X 4WD to $1,968 for the Cherokee Limited 4WD.

Cost per month on this model year ranges from $155 to $164 depending on the trim level. Annual and monthly rates are shown in the table below for each model.

2021 Jeep Cherokee Insurance Rates

Average insurance rates for a 2021 Jeep Cherokee are $1,916 per year, or around $160 per month. Rates range from $1,774 per year for the Cherokee Latitude 2WD to $2,024 for the Cherokee Overland 4WD 6 Cyl Gas.

Average 2021 Jeep Cherokee insurance cost per month ranges from $148 to $169 depending on the trim level as shown in the table below.

2020 Jeep Cherokee Auto Insurance Rates

Average insurance rates for a 2020 Jeep Cherokee are $1,896 per year, or around $158 per month. Rates range from $1,756 per year for the Cherokee Latitude 2WD to $2,002 for the Cherokee Overland 4WD 6 Cyl Gas.

Average 2020 Jeep Cherokee insurance cost per month ranges from $146 to $167 depending on the trim level as shown in the table below.

2019 Jeep Cherokee Insurance Rates

Insurance rates for a 2019 Jeep Cherokee average $1,718 per year, or about $143 per month. Rates range from $1,590 per year for the Cherokee Latitude 2WD to $1,826 for the Cherokee Overland 4WD.

2018 Jeep Cherokee Insurance Rates

2018 Jeep Cherokee car insurance rates average $1,624 per year, or around $135 per month. Cost ranges from $1,560 per year for the Cherokee Latitude 2WD to $1,786 for the Cherokee Overland 4WD.

2017 Jeep Cherokee Insurance Rates

A 2017 Jeep Cherokee averages $1,592 per year for full coverage insurance, or around $133 per month. Rates range from $1,470 per year for the Cherokee Sport 2WD to $1,726 for the Cherokee Overland 4WD.

2016 Jeep Cherokee Insurance Rates

Average insurance cost for a 2016 Jeep Cherokee is $1,336 per year, or around $111 per month. Rates range from $1,220 per year for the Cherokee Sport 2WD to $1,460 for the Cherokee Overland 4WD.

2015 Jeep Cherokee Insurance Rates

Insurance rates average $1,308 per year for a 2015 Jeep Cherokee, or around $109 per month. Rates range from $1,234 per year for the Cherokee Sport 2WD to $1,380 for the Cherokee Limited 4WD.

2014 Jeep Cherokee Insurance Rates

Average insurance cost for a 2014 Jeep Cherokee is $1,250 per year, or around $104 per month. Rates range from $1,190 per year for the Cherokee Sport 2WD to $1,294 for the Cherokee Trailhawk 4WD.