Finding cheaper auto insurance for a Jeep Grand Cherokee in North Carolina is pretty simple for most people to do, but it depends on a lot of different factors such as how old the vehicle is, your profession, and your motor vehicle report. Drivers pay approximately $831 a year for Grand Cherokee insurance, but that amount is an approximation based upon a 30-year-old married male driver with full coverage and $100 deductibles.
There’s a high likelihood you are not 30 and maybe not even a male, maybe you are single instead of married, or you just want cheap liability insurance instead of full coverage. Even a minor change in rating criteria can make a big difference in the amount insurance costs for a Jeep Grand Cherokee.
This example demonstrates why the way we recommend to find the cheapest coverage for your Jeep is to put in the effort to do a thorough rate comparison.
The specific model of Grand Cherokee will be a contributing factor to the insurance rate, so the rate you pay to insure a Grand Cherokee Laredo 2WD will be $98 cheaper than the price to insure the higher-priced Grand Cherokee SRT-8 4WD version, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $214 | $386 | $250 | $14 | $74 | $938 | $78 |
| Grand Cherokee Laredo 4WD | $214 | $386 | $250 | $14 | $74 | $938 | $78 |
| Grand Cherokee Limited 2WD | $242 | $456 | $250 | $14 | $74 | $1,036 | $86 |
| Grand Cherokee Limited 4WD | $242 | $456 | $250 | $14 | $74 | $1,036 | $86 |
| Grand Cherokee SRT-8 4WD | $242 | $456 | $250 | $14 | $74 | $1,036 | $86 |
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price estimates do not factor in specific garaging location which can lower or raise insurance rates considerably.
Best car insurance in Raleigh
Finding the right insurer can be rather challenging considering how many companies sell coverage in Raleigh. The company ratings in the next section could help you pick which companies you want to consider when shopping around. The ratings below are only comprised of companies that insure vehicles nationwide, so smaller companies that only insure vehicles in North Carolina are not factored into this list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
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Data Source: Insure.com Best Car Insurance Companies
The information below illustrates how your deductible choice can raise or lower annual premium costs when quoting cheap insurance for a Jeep Grand Cherokee. The premiums assume a married female driver, full coverage, and no other discounts are factored in.
The data above shows that a 50-year-old driver could pocket $204 a year by increasing from a $100 deductible to a $500 deductible, or save $306 by using a $1,000 deductible. Even younger drivers, such as the 20-year-old example, could potentially save up to $504 or more by choosing a higher deductible.
If you do make the decision to raise your deductibles, it is important to have plenty of savings on hand to allow you to pay the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Why are you paying too much to insure your Grand Cherokee?
Raleigh, NC car insurance rates are based on many factors which can substantially change the price you have to pay. Simply turning a year older, moving to a different location, or getting a ticket for running a stop sign may cause policy rate changes resulting in some companies being more affordable than others. Not only may your situation change, but auto insurance companies change premium rates multiple times each year to adjust for unexpected claims or profits. A period of higher than normal claims may result in increased rates, while less frequent claims may cause more affordable Grand Cherokee insurance rates.
To help illustrate this point, the data below shows the cheapest car insurance in Raleigh, NC for a 35-year-old male driver with a good driving record, no prior claims, and good financial standing. If we estimate prices based on his current risk factors, Utica National has the lowest car insurance rates in Raleigh at $730 annually. This is $142 less than the average premium paid by North Carolina drivers of $872. Progressive, Liberty Mutual, NC Farm Bureau, and Penn National are the remaining cheapest Raleigh, NC auto insurance companies.
Now we will pretend the driver in the first chart an accident surcharge, a little lower credit rating, and a few traffic violations. Since each auto insurance company uses their own formula to determine rates, comparing rates will most likely result in a completely different list of companies as shown below.
State Farm now has the best price on car insurance in Raleigh, NC with Titan, Auto-Owners, National General, and Progressive also having competitive pricing. This example demonstrates why North Carolina drivers need to perform an extensive rate comparison to find the best auto insurance rates for a Jeep Grand Cherokee.
Auto insurance prices are determined by many risk factors and change dramatically, so the best option three years ago may now not even be in the top five.
Tips for buying more affordable insurance for a Jeep Grand Cherokee
Lowering your rates is not difficult, and here are some of the recommended money-saving ideas that can help North Carolina drivers locate low-cost coverage.
- Drive a car with a high safety rating
- Bundle home and auto and earn a discount
- Earn discounts for being claim-free
- Do not insure for full coverage
- Increase your credit rating
- Raise deductibles
- Compare price quotes at least once a year
The last suggestion is notably critical, as was pointed out in the article above. Car insurance rates can change considerably based on profitability, so you should be ready to switch carriers if you can find a cheaper rate. Many drivers have brand loyalty and that’s fine, but it’s not a great idea if that stubbornness costs you a considerable chunk of change every month. Now is a great time to compare prices to find cheaper auto insurance for a Jeep Grand Cherokee in Raleigh.