Finding the best cheap car insurance for a Jeep Grand Cherokee is pretty straightforward, but it hinges on a complex formula that considers things such as your financial responsibility, your claims history, and driving citations. North Carolina drivers will pay around $514 per year to insure their Grand Cherokee, but that amount is a valuation based on a 50-year-old married male driver with full comprehensive and collision coverage and $1,000 deductibles.
It’s more than likely you aren’t exactly 50 years old or even a male, maybe you are single instead of married, and you need different coverage limits than the sample rates. Auto insurance is not the same for everyone, so the best method for finding affordable rates for your Jeep is to just take the time to compare rates yourself. Quotes are free and easy and you can get prices from top-rated car insurance companies around.
Your Jeep’s trim level will most likely have an effect on the insurance rate, so the price you will be charged to insure a Grand Cherokee Laredo 2WD trim level will be $42 cheaper than the insurance cost for the high end Grand Cherokee SRT-8 4WD model, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Cherokee Laredo 2WD||$92||$174||$240||$14||$72||$592||$49|
|Grand Cherokee Laredo 4WD||$92||$174||$240||$14||$72||$592||$49|
|Grand Cherokee Limited 2WD||$104||$204||$240||$14||$72||$634||$53|
|Grand Cherokee Limited 4WD||$104||$204||$240||$14||$72||$634||$53|
|Grand Cherokee SRT-8 4WD||$104||$204||$240||$14||$72||$634||$53|
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Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rate quotes do not factor in vehicle garaging location which can increase or decrease price quotes substantially.
Best car insurance company in North Carolina
Finding a highly-rated insurance company can be challenging considering how many choices drivers have in North Carolina. The ranking data listed below could help you decide which auto insurance companies to look at comparing price quotes from. The ratings below are only made up of the largest companies in America, so companies that focus mainly on North Carolina business are not included in this list.
Top 10 Large Car Insurance Companies in Durham Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
- Allstate – A+
Types of discounts on Durham car insurance rates
Auto insurance companies that provide policies for a Jeep Grand Cherokee may also offer special discounts that could reduce prices by as much as 30% if you can meet the requirements. A few of the larger companies and a summarized list of policyholder discounts are included below.
- 21st Century has savings for homeowners, 55 and older, early bird, defensive driver, and driver training.
- Progressive offers premium reductions for good student, continuous coverage, multi-vehicle, homeowner, and multi-policy.
- State Farm discounts include Steer Clear safe driver discount, student away at school, accident-free, good student, safe vehicle, and Drive Safe & Save.
- Nationwide policyholders can earn discounts including easy pay, family plan, Farm Bureau membership, accident-free, and business or organization.
- Esurance may offer discounts for good student, anti-theft, Pac-12 alumni, paid-in-full, online shopper, and emergency road assistance.
- The Hartford includes discounts for driver training, anti-theft, defensive driver, good student, and vehicle fuel type.
The information below shows the comparison of auto insurance costs with and without discounts applied to the rates. The data assumes a male driver, no claims or violations, North Carolina state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with passive restraint, vehicle safety, accident-free, marriage, defensive driving course, and anti-theft discounts applied. With discounts applied, theaverage yearly reduction on car insurance for a Jeep Grand Cherokee is 28% or $416.
The information below illustrates how your deductible choice can impact insurance rates when getting quotes for cheap insurance for a Jeep Grand Cherokee. The premium estimates are based on a single male driver, full coverage, and no discounts are taken into consideration.
The data above shows that a 50-year-old driver could pocket $286 a year by increasing from a $100 deductible up to a $500 deductible, or save $432 by using a $1,000 deductible. Young drivers, like the 20-year-old category, could drop their prices as much as $944 or even more just by using higher deductibles. When choosing a higher deductible, it will be necessary to have plenty of money set aside to allow you to pay the extra out-of-pocket expense that is associated with using high deductibles.
You are probably paying too much for Grand Cherokee insurance
North Carolina car insurance rates are calculated based on many things that may substantially change the cost of a policy. Turning one year older, getting divorced, or getting a couple of tickets can cause premium changes resulting in some rates now being cheaper than competitors.
Also, insurers file new North Carolina car insurance rates at least once a year in order to protect their financial rating. Significantly higher claims may result in additional premium costs, while long-term profits may result in cheaper Grand Cherokee insurance rates.
To illustrate this point, the data below shows the cheapest car insurance in Durham, NC for a 30-year-old female driver with a good driving record, no prior claims, and a high credit rating. When comparing rates based on her current risk profile, Progressive quotes the lowest car insurance rates in Durham at $732 annually. This is $140 less than the average policy premium paid by North Carolina drivers of $872. Utica National, Liberty Mutual, NC Farm Bureau, and Titan are the rest of the cheapest Durham, NC auto insurance companies.
Let’s now give the driver from the first rate comparison a claim or two, a lower credit rating, and a traffic citation. Since each auto insurance company has a unique approach for setting rates, comparing quotes could result in a significantly different list of affordable companies as shown below.
GEICO now has the cheapest insurance rate in Durham, NC with State Farm, Auto-Owners, Utica National, and Allied now rounding out the top five. This shows why consumers need to spend some time comparing rates to get the most budget-friendly auto insurance quotes for a Jeep Grand Cherokee. Rates can be altered by many things and can change substantially, so the most economical company when you bought your policy may now be quite expensive.
The agencies below are willing to help you decide which policy fits your needs best, since many consumers aren’t sure which coverage to buy and prefer to have a professional recommendation when shopping for the best coverage for a Jeep Grand Cherokee. It’s not always easy to find the cheapest rate yourself, so getting advice from a licensed North Carolina insurance agent can give satisfaction knowing your coverage gives you enough coverage when you need it. To locate a Durham insurance agent by location nearest to you, click the button link following the list or click here to compare price quotes now.
- Ken Carver – State Farm Insurance Agent
2905 Guess Rd #2 – Durham, NC 27705 – (919) 471-0011
- Allstate Insurance Agent: Reginald Wright
2310 S Miami Blvd Ste 131 – Durham, NC 27703 – (919) 484-2493
- Reliable Insurance Agency of North Carolina Inc.
3325 Durham-Chapel Hill Blvd #200 – Durham, NC 27707 – (919) 864-9048
- Antonio Vela – State Farm Insurance Agent
121 Sherron Rd #106 – Durham, NC 27703 – (919) 596-2700
- Superior Insurance of Durham
3825 S Roxboro St #118 – Durham, NC 27713 – (919) 224-8034
How to find economical auto insurance for a Jeep Grand Cherokee
The list below summarizes some of the recommended money-saving ideas that can help you quote low-cost car insurance.
- On older vehicles, drop full coverage
- Multi-policy discounts save money
- Increase your physical damage deductibles
- If possible, do not file small claims
- Improve your credit score
- Lower rates by purchasing a safer vehicle
- Compare rate quotes often
That final tip is especially vital, as we pointed out in the prior information. Rates change constantly, so don’t hesitate to buy a different policy if you can find a cheaper rate.
Brand loyalty is not necessarily bad, but it’s not a good idea if that faithfulness ends up costing you potentially thousands of dollars a year. If you have a few minutes, now is a great time to compare rates to find cheaper insurance for a Jeep Grand Cherokee in Durham.