- Jeep Compass insurance averages $1,700 per year or around $142 per month, depending on the trim level.
- The Jeep Compass is one of the more expensive small SUVs to insure, costing $51 more per year on average as compared to other small SUVs
- The cheapest Jeep Compass insurance is on the Sport 4WD trim level, costing around $1,618 per year. The most expensive trim is the High Altitude 4WD at $1,756 per year.
How much does Jeep Compass insurance cost?
Jeep Compass car insurance rates average $1,700 annually for full coverage. Monthly insurance cost for a Jeep Compass averages $142 and ranges from $135 to $146, depending on the trim level.
With the average small SUV costing $1,649 a year to insure, the Jeep Compass may cost around $51 or more every 12 months when compared to similar models. Insurance rates can vary based on the trim level of the vehicle you’re insuring, and we will address this later in the article when we compare rates for each Compass trim level.
The chart below details how average Jeep Compass car insurance rates vary with changes in driver age and a range of policy deductibles. Insurance cost varies from the cheapest rate of $1,312 per year for a driver age 60 with a $1,000 policy deductible to the highest policy cost of $3,842 annually for a 20-year-old driver with a $250 policy deductible.
Average rates are determined for the 2023 model year and our overall average rate is based on a 40-year-old driver with $500 physical damage deductibles.
|Driver Age||Deductible||Annual Cost||Monthly Cost|
Jeep Compass vs. the competition
When compared to the best-selling models in the small SUV category, insurance for a Jeep Compass costs $24 more per year than the Toyota RAV4, $166 more than the Honda CR-V, $70 more than the Chevrolet Equinox, and $34 more than the Nissan Rogue.
The Jeep Compass ranks 33rd out of 47 total vehicles in the compact SUV and crossover category. The Compass costs an estimated $1,700 per year to insure for full coverage, while the segment median average cost is $1,649 annually, a difference of $51 per year.
When compared to all vehicles for the 2023 model year (not just the small SUV segment), average Jeep Compass insurance costs 1.6% less than the national average car insurance rate of $1,728 per year.
The chart below shows how average car insurance rates for a 2023 Compass compare to the other nine vehicles in the top 10 list. We also included a more comprehensive table after the chart displaying average insurance cost for the entire 47 vehicle small SUV segment.
|4||Nissan Rogue Sport||$1,412||-$288|
|17||Ford Bronco Sport||$1,576||-$124|
|21||Mitsubishi Eclipse Cross||$1,616||-$84|
|23||Toyota Corolla Cross||$1,634||-$66|
|34||Mini Cooper Clubman||$1,720||$20|
|39||Hyundai Ioniq 5||$1,814||$114|
|40||Mini Cooper Countryman||$1,860||$160|
|47||Ford Mustang Mach-E||$2,048||$348|
Another useful comparison is to consider the average purchase price for each model and see which compact SUVs are closest in price to the Jeep Compass and how insurance rates compare.
For the 2023 Compass, sticker price averages $36,479, ranging from the cheapest Sport 4WD model at $31,590 to the most expensive High Altitude 4WD costing $40,430.
The compact SUVs most similar in price to the Compass are the GMC Terrain, Mazda CX-50, Ford Bronco Sport, and Mazda MX-30.
Here’s how those models compare to a 2023 Compass both by sticker price and average insurance rates.
- Compared to the GMC Terrain – The 2023 Jeep Compass has an average MSRP that is $851 more expensive than the GMC Terrain ($36,479 versus $35,628). The cost to insure a Jeep Compass compared to the GMC Terrain is $92 more annually on average.
- Compared to the Mazda CX-50 – New off the lot, the MSRP for the 2023 Mazda CX-50 averages $1,335 less than the MSRP for the Jeep Compass ($35,144 compared to $36,479). Full-coverage insurance on the Mazda CX-50 costs an average of $48 less every 12 months than the Jeep Compass.
- Compared to the Ford Bronco Sport – The average MSRP for a 2023 Jeep Compass is $1,362 more expensive than the Ford Bronco Sport, at $36,479 compared to $35,118. Insurance on the Ford Bronco Sport costs an average of $124 less per year than the Jeep Compass.
- Compared to the Mazda MX-30 – The average MSRP for a 2023 Jeep Compass is $1,504 more expensive than the Mazda MX-30, at $36,479 compared to $34,975. Buying car insurance for the Mazda MX-30 costs an average of $20 less per year than the Jeep Compass.
Which Jeep Compass has the cheapest insurance?
With Jeep Compass insurance cost ranging from $1,618 to $1,756 per year for the average driver, the most budget-friendly model to insure is the Sport 4WD. The second cheapest trim level to insure is the Latitude 4WD at $1,662 per year.
Anticipate paying at least $135 per month for full coverage Compass insurance, but this amount varies considerably based on your location, age, and driving record, so keep this in mind.
Also, older models may not justify full coverage insurance, so expect much lower cost if you’re only insuring your Compass with liability insurance. Later in the article, we break down average rates when insuring the 2007 to 2012 models with only liability coverage.
The most expensive trim level to insure is the High Altitude 4WD at $1,756, which is $126 more than the cheapest Sport 4WD model. The rate table below displays the average annual and 6-month car insurance costs, in addition to the average monthly payment, for each Jeep Compass model and trim level.
|Jeep Compass Trim Level||Annual Policy||Six-Month Policy||Per Month|
|Latitude Lux 4WD||$1,686||$843||$141|
|High Altitude 4WD||$1,756||$878||$146|
Jeep Compass full coverage insurance rates
The following table shows average full coverage insurance rates for a Jeep Compass for the 2013 to 2023 model years. Data includes average rates for drivers age 20 to 60.
|Model Year and Vehicle||Driver Age 20||Driver Age 40||Driver Age 60|
|2023 Jeep Compass||$3,368||$1,700||$1,518|
|2022 Jeep Compass||$3,280||$1,654||$1,478|
|2021 Jeep Compass||$2,826||$1,422||$1,272|
|2020 Jeep Compass||$2,804||$1,410||$1,260|
|2019 Jeep Compass||$2,434||$1,226||$1,100|
|2018 Jeep Compass||$2,352||$1,182||$1,062|
|2017 Jeep Compass||$2,446||$1,236||$1,106|
|2016 Jeep Compass||$2,340||$1,184||$1,058|
|2015 Jeep Compass||$2,290||$1,160||$1,036|
|2014 Jeep Compass||$2,462||$1,244||$1,112|
|2013 Jeep Compass||$2,116||$1,074||$958|
Jeep Compass liability insurance rates
For older Compass models, it doesn’t always make smart financial sense to buy full coverage insurance. The table below details the cost difference between full coverage and liability-only insurance for the 2007 to 2012 Compass model years.
|Vehicle Model Year||Full Coverage Insurance||Liability Insurance|
|2012 Jeep Compass||$1,046||$600|
|2011 Jeep Compass||$1,010||$594|
|2010 Jeep Compass||$978||$590|
|2009 Jeep Compass||$944||$584|
|2008 Jeep Compass||$908||$576|
|2007 Jeep Compass||$874||$566|
Liability insurance prices vary considerably depending on the state you live in, so it’s always a good idea to get some quotes to see how rates stack up. Each state has a minimum liability amount that is required, but that minimum is often inadequate in the case of more serious claims and accidents.
Additional rates and information
Other scenarios that affect the cost of insurance are listed below along with a few ways to reduce your monthly insurance bill.
- Get cheaper rates because of your choice of occupation. Many auto insurance companies offer discounts for working in professions like emergency medical technicians, the military, police officers and law enforcement, high school and elementary teachers, college professors, and others. If you can earn this discount, you may save between $51 and $183 on your annual insurance bill.
- Compass car insurance rates for teenagers are high. Average rates for full coverage Compass insurance costs $6,258 per year for a 16-year-old driver, $5,792 per year for a 17-year-old driver, and $5,388 per year for an 18-year-old driver.
- Increasing deductibles makes car insurance cheaper. Increasing your policy deductibles from $500 to $1,000 could save around $234 per year for a 40-year-old driver and $452 per year for a 20-year-old driver.
- Decreasing deductibles will cost more. Lowering your policy deductibles from $500 to $250 could cost an additional $242 per year for a 40-year-old driver and $474 per year for a 20-year-old driver.
- A clean driving record saves money. To earn the cheapest Jeep Compass insurance rates, it pays to be an excellent driver. In fact, just one or two minor infractions on your motor vehicle report could result in raising Compass insurance cost by at least $446 per year. Major convictions like DWI and leaving the scene of an accident could raise rates by an additional $1,560 or more.
- Expect to pay a lot for high-risk insurance. For a 50-year-old driver, the need to buy a high-risk policy can increase the cost by $2,012 or more per year.