How Much Does Jeep Wagoneer Insurance Cost?

We break down average rates from the least expensive base 2WD trim level up to the top tier Series III 4WD model to find out how the Wagoneer sizes up to similar large SUVs.

Start a Free QuoteCompare Jeep Wagoneer car insurance quotes and save on your next policy.

  • Jeep Wagoneer insurance costs an average of $2,072 per year, or around $173 per month for full coverage.
  • The Jeep Wagoneer is one of the more expensive 2023 large SUVs to insure, costing $142 more per year on average when compared to the segment average.
  • The Wagoneer base 2WD model is the cheapest to insure at around $1,960 per year, or $163 per month.
  • The model with the most expensive insurance is the Series III 4WD at $2,142 per year, or around $179 per month.

How much does Jeep Wagoneer insurance cost?

Ranked seventh out of nine vehicles in the full-size SUV segment for the 2023 model year, Jeep Wagoneer insurance averages around $2,072 annually for full coverage, or $173 each month.

With the average insurance cost for the segment being $1,930 per year, the Jeep Wagoneer costs $142 more per year than the average rate.

The following chart demonstrates how Wagoneer car insurance cost can change based on driver age and a range of policy deductibles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Jeep Wagoneer with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Jeep Wagoneer trim levels.Data last updated on December 30, 2022
Jeep Wagoneer Car Insurance Rates
2023 Jeep Wagoneer Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,510$293
$500$4,142$345
$250$4,808$401
30$1,000$1,832$153
$500$2,184$182
$250$2,550$213
40$1,000$1,750$146
$500$2,072$173
$250$2,408$201
50$1,000$1,600$133
$500$1,890$158
$250$2,194$183
60$1,000$1,570$131
$500$1,854$155
$250$2,154$180

The table below displays the estimated yearly and 6-month policy costs, including a monthly budget figure, for each 2023 Jeep Wagoneer package and trim.

2023 Jeep Wagoneer Insurance Cost by Trim Level
Jeep Wagoneer Trim Level Annual Policy Six-Month Policy Per Month
Base 2WD$1,960$980$163
Base 4x4$2,002$1,001$167
Series II 2WD$2,048$1,024$171
Series II 4WD$2,084$1,042$174
Carbide 2WD$2,084$1,042$174
Series III 2WD$2,116$1,058$176
Carbide 4WD$2,140$1,070$178
Series III 4WD$2,142$1,071$179

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Jeep Wagoneer, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
Jeep Wagoneer Insurance Cost by Trim Level

The chart and table above touch on rate differences due to driver age, deductible level, and vehicle trim level. Some additional rate-impacting factors are listed below, with some ideas on how you can reduce your insurance cost.

  • Insurance for teenage drivers is expensive. Average rates for full coverage Wagoneer insurance costs $7,484 per year for a 16-year-old driver, $6,996 per year for a 17-year-old driver, $6,532 per year for an 18-year-old driver, and $5,910 per year for a 19-year-old driver.
  • Get cheaper rates by avoiding traffic tickets. To get the most economical Wagoneer insurance rates, it pays off to be a safe driver. In fact, just one or two speeding tickets have the potential to increase the cost of a policy by as much as $552 per year.
  • As you age, insurance rates get cheaper. The difference in insurance rates for a 2023 Jeep Wagoneer between a 50-year-old driver ($1,890 per year) and a 30-year-old driver ($2,184 per year) is $294, or a savings of 13.5%.
  • Get cheaper rates because of your occupation. The vast majority of auto insurance providers offer policy discounts for specific professions like dentists, scientists, nurses, police officers and law enforcement, firefighters, and others. Earning this discount could potentially save between $62 and $178 on your Wagoneer insurance cost, depending on the age of the rated driver.
  • Young male drivers pay the highest rates. For a 2023 Jeep Wagoneer, a 20-year-old male receives an average rate of $4,142 per year, while a 20-year-old woman will pay an average of $3,062, a difference of $1,080 per year. The females get much better rates. But by age 50, the rate for men is $1,890 and rates for female drivers are $1,850, a difference of only $40.
  • The higher deductible you choose, the lower the policy cost. Raising your physical damage coverage deductibles from $500 to $1,000 could save around $322 per year for a 40-year-old driver and $632 per year for a 20-year-old driver.
  • Lowering deductibles results in a more expensive policy. Dropping your deductibles from $500 to $250 could cost an additional $336 per year for a 40-year-old driver and $666 per year for a 20-year-old driver.

Is Jeep Wagoneer car insurance expensive?

When compared to other popular full-size SUVs, insurance prices for a Jeep Wagoneer average $418 more per year than the Chevrolet Tahoe, $256 more than the Ford Expedition, and $178 more than the GMC Yukon.

With MSRP on the new 2023 Wagoneer ranging from the cheapest base 2WD model at $58,995 to the most expensive Series III 4WD costing $74,865, average insurance cost per month ranges from $163 to $179.

The next table shows how well Wagoneer insurance rates rank against the rest of the 2023 large SUV field.

Insurance Cost Comparison: Jeep Wagoneer vs Large SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Tahoe$1,654-$418
2Chevrolet Suburban$1,750-$322
3Ford Expedition$1,816-$256
4Toyota Sequoia$1,826-$246
5GMC Yukon$1,894-$178
6Nissan Armada$1,976-$96
7Jeep Wagoneer$2,072--
8GMC Hummer EV$2,088$16
9Jeep Grand Wagoneer$2,296$224

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on December 30, 2022
Insurance Cost Comparison: Jeep Wagoneer vs Large SUVs

If we look at average purchase price or MSRP for the full-size SUV segment, we can see how SUVs that are closest in price to the Jeep Wagoneer compare when it comes to the cost of car insurance.

The vehicles that are closest in price to the Wagoneer for the 2023 model year are the Chevrolet Suburban, Toyota Sequoia, Chevrolet Tahoe, and Ford Expedition.

Here’s how those four models compare to the Jeep Wagoneer for overall price and average full-coverage auto insurance cost.

  • Jeep Wagoneer vs. Chevrolet Suburban – New off the lot, the sticker price on the Chevrolet Suburban averages $829 more than the Jeep Wagoneer ($69,000 compared to $68,171). The cost to insure a Jeep Wagoneer compared to the Chevrolet Suburban is $322 more every 12 months on average.
  • Jeep Wagoneer vs. Toyota Sequoia – The average MSRP for a 2023 Jeep Wagoneer is $1,096 cheaper than the Toyota Sequoia, at $68,171 compared to $69,267. Insuring a 2023 Wagoneer compared to the Toyota Sequoia costs an average of $246 more per year.
  • Jeep Wagoneer vs. Chevrolet Tahoe – The 2023 Chevrolet Tahoe sells for an average of $66,686, ranging from $56,095 to $77,795, which is $1,485 cheaper than the Jeep Wagoneer. Insuring a Jeep Wagoneer compared to the Chevrolet Tahoe costs an average of $418 more each year.
  • Jeep Wagoneer vs. Ford Expedition – The 2023 Ford Expedition has an average sticker price of $72,043 ($55,125 to $85,615), which is $3,872 more expensive than the Jeep Wagoneer. Insurance on a Wagoneer costs an average of $256 more every 12 months than the Ford Expedition.