Finding the best cheap coverage for a Jeep Grand Cherokee is fairly easy, but it hinges on a pretty complex algorithm that uses a lot of factors such as age of the driver, your profession, and any prior driving offenses you have. Drivers in Wisconsin will pay on average $531 per year for Grand Cherokee insurance, but that price is a projection calculated using a 30-year-old married female driver with both comprehensive and collision coverage and $1,000 deductibles.
This brings up the issue that more than likely you may not be 30 years old (or even female), possibly single instead of married, or maybe you prefer higher deductibles. Car insurance coverage is unique to each driver, so this is why the only way to find affordable rates for your Jeep is to compare as many rates as you can. To start saving now, get free quotes and you will get price quotes from some of the cheapest companies available.
Your Jeep’s trim level will have an impact the cost of insurance, so the price you will be charged to insure a Grand Cherokee Laredo 2WD trim level will be $48 lower than the price to insure the higher-priced Grand Cherokee SRT-8 4WD trim level, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Cherokee Laredo 2WD||$106||$184||$234||$14||$70||$608||$51|
|Grand Cherokee Laredo 4WD||$106||$184||$234||$14||$70||$608||$51|
|Grand Cherokee Limited 2WD||$120||$218||$234||$14||$70||$656||$55|
|Grand Cherokee Limited 4WD||$120||$218||$234||$14||$70||$656||$55|
|Grand Cherokee SRT-8 4WD||$120||$218||$234||$14||$70||$656||$55|
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Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in your specific Milwaukee location which can raise or lower coverage rates greatly.
Finding reliable, budget insurance is hard enough, and figuring out which company offers the best insurance rates for a Jeep Grand Cherokee will take even more shopping around.
Every auto insurer has a unique formula to establish rates, so let’s rank the lowest cost insurance companies in Milwaukee. We do need to point out that Wisconsin insurance rates are impacted by many things that can increase the price of coverage. Turning one year older, buying a different vehicle, or getting a couple of tickets can produce rate changes that may make certain companies way too expensive in comparison to the competition.
Cheap Insurance Rates for Your Jeep
USAA has some of the cheapest car insurance rates in Milwaukee at around $604 each year. This is $557 less than the average policy premium paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Rural Mutual Insurance also qualify as some of the best Milwaukee, WI auto insurance companies.
In the above rates, if you are currently insured with Rockford Mutual and switched to USAA, you may see a yearly price reduction of upwards of $120. Drivers with Rural Mutual Insurance could save as much as $145 a year, and Nationwide policyholders might lower prices by $148 a year.
To find the cheapest rates for your vehicle, click here to start your custom quote or quote prices from the following companies.
Bear in mind that those estimates are averages across all ages of drivers and types of vehicles and and are not calculated with an exact location for a Jeep Grand Cherokee. So the auto insurance company that fits your situation best may not even be in the top 30 companies in the list above. That illustrates why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.
The diagram below illustrates how choosing a deductible can increase or decrease annual premium costs when getting quotes for cheap insurance for a Jeep Grand Cherokee. The premiums are based on a married male driver, comp and collision included, and no discounts are applied.
The data above shows that a 50-year-old driver could lower their car insurance rates by $192 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $290 by choosing a $1,000 deductible. Even younger insureds, like the 20-year-old example, could save up to $640 or even more by selecting a higher deductible.
If you do make the decision to raise your deductibles, it is necessary to have plenty of money set aside to pay the extra out-of-pocket expense, which deters some people from using high deductibles.
Discounts on Milwaukee insurance
Car insurance companies that provide policies for a Jeep Grand Cherokee may also provide special discounts that could reduce prices by as much as 35% or more if you meet certain criteria. A few popular companies and some of the premium reductions they offer can be found below.
- State Farm may offer discounts for driver’s education, good driver, student away at school, good student, passive restraint, anti-theft, and multiple autos.
- Farmers Insurance offers discounts including homeowner, alternative fuel, youthful driver, pay in full, and bundle discounts.
- Progressive discounts include multi-policy, online quote discount, homeowner, good student, online signing, continuous coverage, and multi-vehicle.
- GEICO has discounts for air bags, anti-lock brakes, emergency military deployment, multi-policy, and multi-vehicle.
- Auto-Owners Insurance includes discounts for group or association, air bags, safe driver, mature driver, good student, and paperless.
- The Hartford may include discounts for bundle, air bag, good student, anti-theft, and defensive driver.
- Farm Bureau may have discounts that include driver training, multi-policy, multi-vehicle, renewal discount, and 55 and retired.
- USAA has savings for safe driver, vehicle storage, loyalty savings, annual mileage, and good student.
The chart below shows the comparison of insurance prices with and without some available policy discounts. The rates are based on a male driver, no claims or driving citations, Wisconsin state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with safe-driver, marriage, defensive driving course, anti-theft, claim-free, and homeowner discounts applied. With discounts applied, the average amount saved each year on insurance for a Jeep Grand Cherokee is 27% or $432.
The benefits of price comparisons
Milwaukee, WI insurance rates are based on many factors which can substantially change the cost of your policy. Improving your credit rating, adding a teenager to your policy, or getting a speeding ticket can cause premium changes that can cause some rates to be cheaper than before.
Not only that, but car insurance companies file new Wisconsin auto insurance rates as often as every three months in order to remain profitable. Heavier than normal losses can cause more expensive premiums, while a better claims history may produce cheaper Grand Cherokee insurance rates.
For instance, the chart below shows which company has the cheapest car insurance in Milwaukee, WI for a 40-year-old female driver with no accidents, a clean driving record, and excellent credit. If we estimate rates based on her current situation, USAA might quote the cheapest car insurance rates in Milwaukee at $844 a year. This is $317 less than the average price paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Nationwide are the remainder of the most affordable Milwaukee, WI auto insurance companies.
In this next rate comparison, we will give the driver in the first chart a chargeable accident, a lower credit rating, and a couple of points charged on her driving record. Because every insurance company has their own formula for determining rates, comparing rates could now result in a different list of the cheapest companies as shown below.
Pekin Insurance now has the lowest price in Milwaukee with Rural Mutual Insurance, Western National, Travelers, and Partners Mutual completing the list. This illustrates why it is crucial to spend some time comparing rates to find the cheapest insurance rates for a Jeep Grand Cherokee.
Car insurance prices can be altered by many different factors and can increase or decrease at any time, so the best option six months ago may now not even be in the top five.
How to find economical car insurance for a Jeep Grand Cherokee
The list below shows a few penny-pinching suggestions that can help you buy cheap car insurance.
- Pay lower rates with good credit
- Higher comprehensive and collision coverage deductibles will save money
- Do not get tickets
- Drive attentively and avoid accidents
- Vehicles with safetly features generally cost less to insure
- Do not pay for full coverage on older vehicles
- Shop around for cheaper prices
The last item on the list is very vital, as we noted in the prior information. Auto insurance prices can be changed at any time, so don’t hesitate to buy a different policy if a better deal can be had.
Sticking with a specific company is fine, but it’s not recommended if your bullheadedness ends up costing you thousands of dollars over the life of your policy. If you have a few minutes, compare prices to find cheaper auto insurance for a Jeep Grand Cherokee in Milwaukee.
If you wish to have professional advice when shopping around for cheaper insurance for a Grand Cherokee, the professional agents shown below can help you make a decision which coverages and limits you need. To find an auto insurance agency close to you, click the link at the bottom or click here to compare rates now.
- Unisource Insurance Associates, LLC
10425 W North Ave #226 – Milwaukee, WI 53226 – (414) 774-7040
- Dominguez Insurance Agency
2016 W Howard Ave – Milwaukee, WI 53221 – (414) 282-5955
- American Family Insurance – James W Eve Agency LLC
6917 W Oklahoma Ave – Milwaukee, WI 53219 – (414) 546-2100
- American Family Insurance – Joseph Setum Jr
3457 S Kinnickinnic Ave – Milwaukee, WI 53207 – (414) 769-0701
- Procter Insurance Agency
2315 10th Ave – South Milwaukee, WI 53172 – (414) 762-8900