Jeep Grand Cherokee insurance image courtesy of QuoteInspector.com
Buying economical auto insurance for a Jeep Grand Cherokee hinges on a complicated formula that considers factors such as whether you are a homeower, the performance level of your vehicle, and your choice of physical damage deductibles. Colorado drivers pay on average $1,000 per year for Grand Cherokee insurance, but that cost is an estimation based on a 50-year-old married female driver with full coverage and $100 deductibles.
There's a good chance you are not 50 and maybe not even a female, you might be single instead of married, or maybe you just want liability only. Have just a small change in rating variables can result in a big discrepancy in rates.
Everone's needs are different, and this illustrates why the only way to find the cheapest coverage for your Jeep is to just compare rates yourself.
The specific model of Grand Cherokee will be a contributing factor to price, so the rate you will pay to insure a Grand Cherokee Laredo 2WD will be $110 cheaper than the insurance cost for the high end Grand Cherokee SRT-8 4WD model, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Cherokee Laredo 2WD||$232||$454||$330||$20||$98||$1,134||$95|
|Grand Cherokee Laredo 4WD||$232||$454||$330||$20||$98||$1,134||$95|
|Grand Cherokee Limited 2WD||$262||$534||$330||$20||$98||$1,244||$104|
|Grand Cherokee Limited 4WD||$262||$534||$330||$20||$98||$1,244||$104|
|Grand Cherokee SRT-8 4WD||$262||$534||$330||$20||$98||$1,244||$104|
|Get Your Own Custom Quote Go|
Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Estimates do not factor in zip code location which can increase or decrease insurance rates noticeably.
Finding a high-quality insurance provider can be challenging considering how many choices drivers have in Denver. The ranking information in the next section can help you select which providers you want to consider when shopping your coverage around. These ratings are only made up of the largest companies in the United States, so companies that focus mainly on Colorado business are not taken into consideration for these rankings.
Top 10 Major Car Insurance Companies in Denver Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- AAA Insurance
- State Farm
Top 10 Major Car Insurance Companies in Denver Ranked by Customer Satisfaction
- Titan Insurance - 95%
- USAA - 94%
- AAA Insurance - 91%
- Nationwide - 90%
- State Farm - 90%
- The Hartford - 89%
- GEICO - 89%
- Allstate - 88%
- 21st Century - 88%
- The General - 88%
The chart below shows how different deductible levels can influence insurance costs when quoting cheap insurance for a Jeep Grand Cherokee. The data is based on a single male driver, full physical damage coverage, and no additional discounts are factored in.
A 50-year-old driver could save $402 a year by switching from a $100 deductible up to a $500 deductible, or save $606 by choosing a $1,000 deductible. Even younger insureds, like the age 20 example, could shave $1,332 each year just by using higher deductibles.
If you make the decision to raise deductibles, it will be necessary to have emergency funds available to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Discount Denver car insurance
Car insurance companies that offer cheap quotes for a Jeep Grand Cherokee may have price discounts that could potentially reduce rates by as much as 35% or more if you are eligible. The best auto insurance companies and a selection of discounts can be read below.
- 21st Century may offer discounts for 55 and older, anti-lock brakes, early bird, automatic seat belts, good student, and defensive driver.
- State Farm has discounts for multiple autos, defensive driving training, driver's education, anti-theft, and good driver.
- AAA discounts include good student, anti-theft, AAA membership discount, pay-in-full, multi-policy, and education and occupation.
- Liberty Mutual may include discounts for multi-car, newly retired, newly married, new move discount, and new graduate.
- Progressive may have discounts that include good student, continuous coverage, multi-vehicle, online signing, homeowner, multi-policy, and online quote discount.
The illustration below visualizes the comparison of insurance costs with and without discounts. The premium estimates are based on a male driver, no claims, a clean driving record, Colorado state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with homeowner, passive restraint, multiple vehicle, accident-free, vehicle safety, and marriage discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on auto insurance for a Jeep Grand Cherokee is 28% or $661.
How to find the cheapest car insurance for a Jeep Grand Cherokee
It's not impossible to find cheaper rates, and here are many penny-pinching suggestions that can help you quote cheap car insurance.
- Maintaining good credit helps earn cheaper rates
- Buying car and homeowners insurance together can save money
- Lower rates by purchasing a safer vehicle
- On older vehicles, drop full coverage
- Drive attentively and avoid accidents
- Shop around and save
The final tip is extraordinarily significant, as we stressed in this piece. Auto insurance rates change constantly, so don't be tentative to change to a new company if a cheaper price is available.
Having a favorite company is great, but it's not a good idea if that stubbornness costs you money that could be spent on other things. In less than five minutes you could compare prices to find cheaper auto insurance for a Jeep Grand Cherokee in Denver.
If you aren't clear which coverage you need and would like to have a consultation when shopping for cheaper insurance for a Grand Cherokee, the agents listed below can probably aid you in deciding which insurance coverage you need. To find a Denver insurance agency close to where you live, click the button below the list.
Hiram Licea - State Farm Insurance Agent
3600 Morrison Rd - Denver, CO 80219 - (303) 935-7475
Hank Dorner - State Farm Insurance Agent
118 W 5th Ave - Denver, CO 80204 - (303) 280-1115
Affordable American Insurance-Lloyd Nguyen Agency
1834 S Sheridan Blvd - Denver, CO 80232 - (303) 936-7233
Don Middleton - State Farm Insurance Agent
1900 Wazee St #1538 - Denver, CO 80202 - (303) 595-5500