About Jeep
Jeep is an automobile marque! It was originated in America during World War II, but now it belongs to Stellantis, a European conglomerate. The Jeep marque was owned by American Motor Corporation (AMC), but since 1987 Jeep has been a part of Fiath Chrysler. Jeep’s current products include; sport utility vehicles – both crossovers and entirely off-road and SUVs models, including one pick-up truck. Pick-ups were not available in Jeep’s range before, neither were small vans, and even some Jeeps like the Grand Cherokee are considered luxury SUVs.
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About Jeep Grand Cherokee
The Grand Cherokee was designing a successor to the smaller Jeep Cherokee (Cherokee insurance – How to insure your jeep Cherokee car + cost ), and it is being manufactured at Belvidere Assembly Plant in Belvidere. The Grand Cherokee is a 5-door SUV classified as a mid-size SUV from 1993–2004, but the 2005–present models are mid-size crossover SUVs. Currently, in its fifth generation, Grand Cherokee is considered a luxury SUV.
The average insurance rates for Grand Cherokee
Jeep Grand Cherokee insurance costs approximately $1,666 a year, or $139 monthly. Compared to the average auto insurance expenses for a mid-size SUV ($1,497 per year), the Jeep Grand Cherokee owners have to pay around $169 more for insurance annually. Still, since Grand Cherokee is a luxury SUV, it is expected to cost more.
Is Jeep Grand Cherokee safe?
One of the critical factors that insurers look at when calculating your premium is the safety rating and features.
The Insurance Institute for Highway Safety is a non-profit organization funded by auto insurance providers. This organization is dedicated to reducing the number of injuries, fatalities, and property damage from vehicle collisions. This organization’s safety ratings are trusted nationally. As you may already know, the IIHS performs safety tests every year and awards vehicles with either a good, acceptable, marginal, or poor rating. If your car scores Marginal in IIHS tests, your insurance rates may increase.
The Grand Cherokee is a safe SUV. According to the National Highway and Traffic Safety Administration that gave 2016, 2017, 2019, 2020, Jeep Cherokee models had a five-star overall safety rating. Before the 2016 model, models had a four-star overall safety rating or were not rated by the NHTSA.
Jeep Grand Cherokee safety features
This SUV comes equipped with these safety features, which help you lower your auto insurance premium. They include:
• 4-Wheel ABS
• 4-Wheel Disc Brakes
• Brake Assist
• Driver Air Bag
• Passenger Air Bag
• Front Head Air Bag
• Rear Head Air Bag
• Front Side Air Bag
• Child Safety Locks
• Blind Spot Monitor
• Electronic Stability Control
• Traction Control
• Daytime Running Lights
What impacts auto insurance rates?
• Body Type:
The Grand Cherokee is a top-heavy SUV, which means it can flip easier than an average vehicle. Even if you flip at low speed, it will usually result in a totaled car, which will be very expensive for your insurer. Thus, you are going to pay a higher premium.
• Theft:
Unfortunately, the Grand Cherokee is one of America’s top 10 most stolen vehicles. As stated in your policy, your insurance provider will have to replace your vehicle if your vehicle is stolen; this also means you should pay a higher rate. However, the chances of theft can be lowered if you install some anti-theft devices, anti-lock breakers, and some other safety features; it will also reduce your insurance costs.
• Safety:
The Jeep Grand Cherokee is a safe vehicle, equipped with airbags and a strong body style to decrease any kind of injury to anyone in the car.
• Cost of Parts:
Luckily, the Grand Cherokees parts are not expensive in the United States. So, you can actually save a bit of money because if the parts of the insured car are rare or costly, insuring it will be pricy.
Other factors have key roles in calculating your auto insurance expenses
• Age
• Gender
• Location
• Marital Status
• Driving Record
• Credit Score
• Annual Mileage
• Vehicle’s Age
• Parking Spot
• The Insurance Company You Choose
