Jeep Grand Cherokee Insurance: 2025 Rates, Insights, Comparisons

Is Jeep Grand Cherokee insurance expensive?

We calculated insurance prices from the cheapest Laredo A trim to the Summit Reserve 4xe model to look at how the Grand Cherokee compares to the rest of the midsize SUV segment.

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How much are Jeep Grand Cherokee insurance rates?

Jeep Grand Cherokee insurance costs around $2,342 a year, or around $195 if paid each month. With the average midsize SUV costing $2,314 a year to insure, the Jeep Grand Cherokee would cost about $28 more to insure each year.

When compared to all 2024 model year vehicles, insurance on a Grand Cherokee costs 7% less than the overall 2024 model average rate of $2,512 per year.

The graphic below illustrates how average Jeep Grand Cherokee car insurance rates drop with driver age, and also the effect that different deductible amounts can have on policy cost. Our average rate is obtained from the data for a 40-year-old driver with $500 physical damage deductibles.

Average 2024 Jeep Grand Cherokee car insurance premiums for different driver ages and policy deductibles.
Figure 1: Average 2024 Jeep Grand Cherokee car insurance premiums for different driver ages and policy deductibles. Updated on June 27, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average premiums are based on a 2024 model year Jeep Grand Cherokee. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

2024 Jeep Grand Cherokee Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$3,896$325
$500$4,712$393
$250$5,578$465
30-Year-Old$1,000$2,060$172
$500$2,510$209
$250$2,982$249
40-Year-Old$1,000$1,928$161
$500$2,342$195
$250$2,774$231
50-Year-Old$1,000$1,704$142
$500$2,060$172
$250$2,434$203
60-Year-Old$1,000$1,596$133
$500$1,932$161
$250$2,280$190

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2024 Jeep Grand Cherokee. Updated June 27, 2025

As illustrated in the infographic above, insurance rates drop as drivers mature with all other factors held constant. Conversely, insurance rates tend to increase as the MSRP of the vehicle increases. This can be illustrated by looking at the insurance rates for the different trim levels offered for the Grand Cherokee.

When we look at the individual coverages on a car insurance policy and compare the cost of those to the average costs for all 2024 models, we get the data shown in the table below.

2024 Jeep Grand Cherokee vs. All Vehicles by Policy Coverage
Policy Coverage 2024 Jeep Grand Cherokee 2024 All Vehicle Average Difference
Comprehensive$606$642-5.8%
Collision$1,220$1,1862.8%
Liability$356$480-29.7%
Med/PIP Other$160$204-24.2%
Total Policy Cost$2,342$2,512-7%

Lower than average cost Higher than average cost

Data Methodology: Rated driver is a 40-year-old male with no driving violations or at-fault accidents in the prior three years. Coverage premiums are averaged for all trim levels available for the 2024 Jeep Grand Cherokee. Updated June 27, 2025

Comparison between a 2024 Jeep Grand Cherokee and all other 2024 model year vehicles showing the cost and cost different for each car insurance policy coverage
Comparison between a 2024 Jeep Grand Cherokee and all other 2024 model year vehicles showing the cost and cost different for each car insurance policy coverage

Overall, insurance on the Grand Cherokee runs pretty similar to the 2024 model year averages. It’s a little cheaper for physical damage coverages but gives a little back in the liability and medical coverages.

Jeep Grand Cherokee insurance rates by trim level

The average cost to insure a Grand Cherokee is $2,342 per year, with trim level cost ranging from the cheapest Laredo A at $2,048 per year up to the most expensive Summit Reserve 4xe at $2,586 per year.

That’s a difference of $538 between the cheapest and most expensive versions of the Grand Cherokee to insure, as is shown by the table below.

2024 Jeep Grand Cherokee Insurance Rates by Trim Level
2024 Jeep Grand Cherokee Trim Level Annual Premium Cost Per Month
Laredo A$2,048$171
Laredo$2,138$178
Laredo X$2,158$180
Laredo 4X4$2,186$182
Laredo X 4X4$2,200$183
Altitude$2,220$185
Altitude X$2,242$187
Altitude 4X4$2,262$189
Altitude X 4X4$2,274$190
Limited$2,310$193
Limited 4X4$2,338$195
4xe$2,440$203
Overland$2,468$206
Summit$2,500$208
Trailhawk 4xe$2,500$208
Summit Reserve$2,530$211
Overland 4xe$2,536$211
Summit 4xe$2,562$214
Summit Reserve 4xe$2,586$216

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated June 26, 2025

Insurance cost by trim level for a 2024 Jeep Grand Cherokee ranging from the Laredo A model at $2,048 per year to the Summit Reserve 4xe model at $2,586
Insurance cost by trim level for a 2024 Jeep Grand Cherokee ranging from the Laredo A model at $2,048 per year to the Summit Reserve 4xe model at $2,586

The table above does a good job illustrating the fact that the more expensive Grand Cherokee models have more expensive car insurance rates. In general, anytime the cost of a vehicle increases with added options or packages, it’s going to bump up the cost of insurance.

The insurance cost range of $538 from the cheapest to most expensive Grand Cherokee model is a pretty large range for a single vehicle model. But that variation should reinforce the importance of getting actual insurance quotes for your vehicle before making a purchasing decision since the rate can vary quite a bit depending on the exact model.

If you can afford to pay your entire 2024 Grand Cherokee insurance bill at once, rather than in monthly or quarterly payments, you could save anywhere from $117 to $234 per year, depending on the company.

How much is insurance on a used Grand Cherokee?

In most cases, insurance on a used model will cost less than buying a new one. For example, when comparing insurance rates for a new 2024 model to a used 2017 model, the 2017 Grand Cherokee will cost around $474 less per year. A 2013 model will cost around $870 less per year than insuring a 2024 model.

2020 Jeep Grand Cherokee Limited 4x4
2020 Jeep Grand Cherokee Limited 4×4 SUV with 3.6L V6 and 8-speed automatic in Bright White Clearcoat

Car insurance tends to be more expensive when the value of the vehicle is higher. As a Grand Cherokee ages, it has a lower Actual Cash Value (ACV), which simply means your insurance company will pay less if the vehicle is totaled in an accident or weather-related incident. This lower ACV results in cheaper insurance rates for you.

The table below demonstrates how insurance rates are generally cheaper for older Grand Cherokee models, and also how rates drop for more mature drivers.

Jeep Grand Cherokee Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2024 Jeep Grand Cherokee$4,712$2,342$1,932
2023 Jeep Grand Cherokee$4,874$2,420$2,006
2022 Jeep Grand Cherokee$4,756$2,356$1,954
2021 Jeep Grand Cherokee$4,756$2,350$1,948
2020 Jeep Grand Cherokee$4,574$2,262$1,876
2019 Jeep Grand Cherokee$4,222$2,076$1,726
2018 Jeep Grand Cherokee$3,960$1,950$1,624
2017 Jeep Grand Cherokee$3,786$1,868$1,558
2016 Jeep Grand Cherokee$3,382$1,680$1,400
2015 Jeep Grand Cherokee$3,434$1,702$1,424
2014 Jeep Grand Cherokee$3,368$1,668$1,394
2013 Jeep Grand Cherokee$2,938$1,466$1,226

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Jeep Grand Cherokee trim levels for each model year. Updated June 26, 2025

Average insurance rates for 2013 to 2024 Jeep Grand Cherokee models for drivers age 20, 40 and 60
Average insurance rates for 2013 to 2024 Jeep Grand Cherokee models for drivers age 20, 40 and 60

The exception to the generality that car insurance rates increase with each new model year would be if a new model arrives at the dealership with enough new safety features that the liability rates drop enough to offset the higher physical damage rates due to the higher ACV for the newer model year.

It often takes a year or two to collect enough real-world data to make rate adjustments for improvements or detriments to vehicle safety. Simulations and crash test dummies cannot predict or take the place of personal injury data extracted from actual claims and accidents.

How do Grand Cherokee insurance prices compare?

Unfortunately, Jeep Grand Cherokee insurance prices tend to fall on the more expensive end of the midsize SUV insurance cost range. At $2,342 per year, it ranks 20th out of 34 total comparison vehicles, and costs $476 more per year to insure than the Honda Passport, which ranks in first place.

The chart below shows how the Grand Cherokee compares to the rest of the top 10 selling midsize SUVs in America, and the table below the chart shows the rankings for the entire midsize SUV segment.

Average 2024 Jeep Grand Cherokee car insurance premium compared to other midsize SUV models.
Figure 2: Average 2024 Jeep Grand Cherokee car insurance premium compared to other midsize SUV models. Rates updated on June 27, 2025.

Data Methodology: Average rates are for a 2024 model year Jeep Grand Cherokee. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Jeep Grand Cherokee trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Jeep Grand Cherokee Insurance Cost Compared to All Midsize SUVs
Rank Make and Model Annual Premium Difference
1Honda Passport$1,866-$476
2Nissan Murano$1,968-$374
3Subaru Outback$1,994-$348
4Buick Envista$2,004-$338
5Subaru Ascent$2,038-$304
6Volkswagen Atlas$2,078-$264
7Volkswagen Atlas Cross Sport$2,086-$256
8Ford Explorer$2,124-$218
9Toyota Highlander$2,132-$210
10Toyota Venza$2,136-$206
11Chevrolet Traverse$2,186-$156
12Mitsubishi Outlander Sport$2,198-$144
13Mitsubishi Outlander PHEV$2,210-$132
14Ford Edge$2,214-$128
15Kia Sorento$2,222-$120
16GMC Acadia$2,262-$80
17Buick Enclave$2,266-$76
18Honda Pilot$2,280-$62
19Mazda CX-9$2,286-$56
20Jeep Grand Cherokee$2,342--
21Hyundai Santa Fe$2,382$40
22Nissan Pathfinder$2,384$42
23Hyundai Palisade$2,394$52
24Chevrolet Blazer$2,416$74
25Kia Telluride$2,444$102
26Toyota 4Runner$2,510$168
27Mazda CX-90$2,522$180
28Toyota Grand Highlander$2,552$210
29Kia EV9$2,568$226
30Tesla Model Y$2,592$250
31Ford Bronco$2,600$258
32Jeep Wrangler$2,676$334
33Dodge Durango$2,872$530
34Rivian R1S$2,882$540

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated June 27, 2025

Another useful metric is to see how the cost of insurance on a Jeep Grand Cherokee compares to the most similarly priced midsize SUV models. A 2024 model year Grand Cherokee has an average sticker price of $54,456 and ranges from $36,495 to $78,525.

The vehicles in the 2024 midsize SUV segment that have the most similar cost to the Jeep Grand Cherokee are the Buick Enclave, Ford Bronco, Jeep Wrangler, and Mazda CX-90.

The list below shows how those models compare to a Grand Cherokee for MSRP and average full-coverage insurance cost. See our insurance comparisons page for a complete list of car insurance comparisons.

  • Jeep Grand Cherokee vs. Buick Enclave – With an average price of $53,642 and ranging from $45,940 to $60,895, the 2024 Buick Enclave costs $814 less than the average cost for the Jeep Grand Cherokee. Drivers can expect to pay an average of $76 less annually for insurance on the Buick Enclave compared to a Grand Cherokee.
  • Jeep Grand Cherokee vs. Ford Bronco – The Ford Bronco has an average sticker price of $55,779 ($45,940 to $89,835), which is $1,323 more expensive than the Jeep Grand Cherokee. The cost to insure a Jeep Grand Cherokee compared to the Ford Bronco is $258 less per year on average.
  • Jeep Grand Cherokee vs. Jeep Wrangler – With an average price of $52,852 ($32,095 to $90,590), the Jeep Wrangler costs $1,604 less than the average MSRP for the Jeep Grand Cherokee. Insurance on the Jeep Wrangler costs an average of $334 more per year than the Jeep Grand Cherokee.
  • Jeep Grand Cherokee vs. Mazda CX-90 – With an average MSRP of $50,976 and ranging from $39,595 to $59,950, the Mazda CX-90 costs $3,480 less than the average MSRP for the Jeep Grand Cherokee. Expect to pay approximately $180 more annually for insurance on the Mazda CX-90 compared to a Grand Cherokee.

Full coverage versus liability-only insurance

On older Grand Cherokee models, sometimes it doesn’t make sense to insure them for full coverage.

The rule of thumb is when the cost of physical damage coverage is more than ten percent of the value of the vehicle, it may be time to consider removing those coverages.

Liability insurance is all that is required to license a Jeep, and the table below shows the difference between average full coverage and liability-only rates for 1993 to 2012 Grand Cherokee models.

Jeep Grand Cherokee Insurance Rates for 1993 to 2012 Model Years
Vehicle Model Year Full Coverage Insurance Liability Insurance
2012 Jeep Grand Cherokee$1,396$560
2011 Jeep Grand Cherokee$1,334$554
2010 Jeep Grand Cherokee$1,268$550
2009 Jeep Grand Cherokee$1,208$544
2008 Jeep Grand Cherokee$1,154$540
2007 Jeep Grand Cherokee$1,136$534
2006 Jeep Grand Cherokee$1,112$530
2005 Jeep Grand Cherokee$1,070$524
2004 Jeep Grand Cherokee$1,038$518
2003 Jeep Grand Cherokee$1,017$508
2002 Jeep Grand Cherokee$997$497
2001 Jeep Grand Cherokee$977$488
2000 Jeep Grand Cherokee$957$478
1999 Jeep Grand Cherokee$938$468
1998 Jeep Grand Cherokee$920$459
1997 Jeep Grand Cherokee$901$450
1996 Jeep Grand Cherokee$883$441
1995 Jeep Grand Cherokee$865$432
1994 Jeep Grand Cherokee$848$423
1993 Jeep Grand Cherokee$831$415

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Full coverage comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each model year. Updated June 27, 2025

Average cost for full coverage and liability insurance for 1993 to 2012 model year Jeep Grand Cherokee vehicles
Average cost for full coverage and liability insurance for 1993 to 2012 model year Jeep Grand Cherokee vehicles

Companies to consider

Finding affordable car insurance can be challenging, especially considering how many companies there are to choose from.

We’re all familiar with the big names like Progressive, GEICO, State Farm, and Liberty Mutual. But for every large company, there are dozens of smaller companies that you may not have even heard of.

That’s where the services of an independent insurance agent may be useful. They have the ability to compare Jeep Grand Cherokee insurance quotes with many different companies, including the smaller ones.

So keep that in mind when shopping around for a deal on car insurance. Often the best price is with a regional carrier or a small mutual insurance company.

Make sure you compare apples-to-apples coverages when shopping your coverage around. Identical policy deductibles, liability limits, and optional coverages help ensure you find the best deal.

As far as the big boys go, we assembled a list of some of the top companies and some of the pros and cons of each.

Every large company now gives you the ability to easily manage your policy online or through a mobile app, but they each offer slightly different coverages and policy perks.

1. Progressive

Estimated Progressive car insurance rate on a 2024 Jeep Grand Cherokee: $2,155 per year

Pros

  • Very easy to manage your policy, file a claim, or pay your bill either online or via their app
  • Progressive offers optional coverage for ridesharing for drivers who are employed by companies like Uber or Lyft
  • Coverages are available like accident forgiveness and a vanishing deductible

Cons

  • Have a below-average claim satisfaction rating in J.D. Power surveys
  • Somewhat expensive prices for teenage and early twenties drivers

Get a Quote Or read more about auto insurance coverages offered at Progressive.com

2. State Farm

Estimated State Farm car insurance rate on a 2024 Jeep Grand Cherokee: $2,225 per year

Pros

  • Nice renewal discount of around 14% if you have been with them for three years or more
  • Competitive prices for drivers with speeding tickets on their records
  • Good rates when adding a teenage driver to a policy

Cons

  • High average rates if you have bad credit
  • Prices are above average for drivers with prior accidents or serious violations

Get a Quote Or read more about auto insurance coverages offered at StateFarm.com

3. GEICO

Estimated GEICO car insurance rate on a 2024 Jeep Grand Cherokee: $1,944 per year

Pros

  • Allows customers to file claims or make payments through a smartphone app
  • On average, GEICO tends to have lower car insurance rates for most drivers
  • The company has strong financial ratings with rating agencies like AM Best and Standard and Poor’s

Cons

  • They don’t give insureds the option of having loan/lease gap insurance
  • They do not offer rideshare coverage for insureds who earn money with companies like Uber or Lyft

Get a Quote Or read more about auto insurance coverages offered at GEICO.com

4. Nationwide

Estimated Nationwide car insurance rate on a 2024 Jeep Grand Cherokee: $2,319 per year

Pros

  • Generally a low level of complaints filed by customers with state regulators
  • Optional coverages are available like accident forgiveness, vanishing deductible, and total loss deductible waiver
  • Company offers a usage-based price option called SmartRide for drivers who might be able to save money

Cons

  • Expensive average rates for drivers who have previously had an accident with injuries
  • Prices are not great for drivers with accidents or major violations

Get a Quote Or read more about auto insurance coverages offered at Nationwide.com

5. Allstate

Estimated Allstate car insurance rate on a 2024 Jeep Grand Cherokee: $3,115 per year

Pros

  • Offers perks like accident forgiveness and a disappearing deductible
  • They have a generally good customer satisfaction level with a low level of complaints filed with state insurance departments
  • They offer a usage-based insurance rating option, Drivewise, for drivers who want to try to get a discount

Cons

  • Average prices are not great for drivers with speeding tickets or other violations
  • Rates are above average for drivers who have prior at-fault accidents or lapses in coverage

Get a Quote Or read more about auto insurance coverages offered at Allstate.com

6. Travelers

Estimated Travelers car insurance rate on a 2024 Jeep Grand Cherokee: $2,108 per year

Pros

  • Has some of the most affordable loan/lease gap insurance
  • Perks are available like a decreasing deductible and minor violation and accident forgiveness
  • They offer a usage-based price option to help save money on car insurance

Cons

  • Prices are on the high side when adding a teenage driver to their parent’s policy
  • Has some of the more expensive rates for drivers over the age of 60

Get a Quote Or read more about auto insurance coverages offered at Travelers.com

Ryan GrabensteinDuring his career as an independent insurance agent, Ryan Grabenstein was appointed with Progressive, Allstate, Nationwide, Travelers, and many smaller regional and mutual companies. He has a Bachelor's degree in Finance from the University of Nebraska at Lincoln and Certified Insurance Counselor (CIC) personal and commercial lines training.