Best Riverside Jeep Grand Cherokee Insurance

Discount Jeep Grand Cherokee insuranceFeeling guilty for buying an under-performing, overpriced insurance policy? Trust us, there are lots of people in the same boat.

Surprisingly, a recent survey revealed that the vast majority of insurance customers in California have bought insurance from the same company for more than four years, and 38% of customers have never quoted insurance rates at all. With the average premium in the U.S. being $1,847, drivers could save an average of about $859 each year by just comparing rate quotes, but they don’t know the amount of money they would save if they just switched companies.

Steps to finding lower priced Jeep Grand Cherokee insurance in Riverside

If saving money is your primary concern, then the best way to get the cheapest Jeep Grand Cherokee insurance in Riverside is to compare quotes once a year from providers that insure vehicles in California. Price quotes can be compared by following these guidelines.

An important part of this process is that you’ll want to compare identical coverages on every price quote and and to get price quotes from as many companies as feasibly possible. Doing this enables an apples-to-apples comparison and a good representation of prices.

With vehicle owners having so many choices for buying lower-cost insurance for a Jeep Grand Cherokee in Riverside, it is very difficult to pick the lowest price insurance provider.

The car insurance companies shown below are our best choices to provide comparison quotes in Riverside, CA. If the list has multiple companies, it’s a good idea that you get rate quotes from several of them to get the best price comparison.

Insurance analysis for a Jeep Grand Cherokee

The price information shown below covers detailed analysis of insurance coverage prices for Jeep Grand Cherokee models. Having knowledge of how auto insurance policy rates are formulated can be valuable when making informed decisions when shopping around for a new policy.


Jeep Grand Cherokee Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $380 $686 $442 $26 $132 $1,666 $139
Grand Cherokee Laredo 4WD $380 $686 $442 $26 $132 $1,666 $139
Grand Cherokee Limited 2WD $430 $810 $442 $26 $132 $1,840 $153
Grand Cherokee Limited 4WD $430 $810 $442 $26 $132 $1,840 $153
Grand Cherokee SRT-8 4WD $430 $810 $442 $26 $132 $1,840 $153
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Price information does not factor in Riverside location which can lower or raise auto insurance rates substantially.

Deductible analysis

When buying insurance, a common question is the level to set your comp and collision deductibles. The following insurance rates sum up the price difference between high and low insurance deductibles. The first data table uses a $100 physical damage coverage deductible and the second set of rates uses a $500 deductible.


Jeep Grand Cherokee insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $380 $686 $442 $26 $132 $1,691 $141
Grand Cherokee Laredo 4WD $380 $686 $442 $26 $132 $1,691 $141
Grand Cherokee Limited 2WD $430 $810 $442 $26 $132 $1,865 $155
Grand Cherokee Limited 4WD $430 $810 $442 $26 $132 $1,865 $155
Grand Cherokee SRT-8 4WD $430 $810 $442 $26 $132 $1,865 $155
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Jeep Grand Cherokee insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $278 $464 $442 $26 $132 $1,342 $112
Grand Cherokee Laredo 4WD $278 $464 $442 $26 $132 $1,342 $112
Grand Cherokee Limited 2WD $314 $546 $442 $26 $132 $1,460 $122
Grand Cherokee Limited 4WD $314 $546 $442 $26 $132 $1,460 $122
Grand Cherokee SRT-8 4WD $314 $546 $442 $26 $132 $1,460 $122
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in specific Riverside garaging location which can impact coverage rates noticeably.

We can derive from the above data that using a $100 deductible would cost the average driver about $31 more each month or $372 for a full year than selecting the higher $500 deductible. Since you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at least 13 months between claims, you would probably be better off if you elect the higher deductible.

Calculation for determining deductible levels

Average monthly premium for $100 deductibles: $149
Average monthly premium for $500 deductibles (subtract): – $118
Monthly savings from raising deductible: $31
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $31
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

One important issue to know is that higher deductibles means you pay more out-of-pocket when you have a comprehensive or collision claim. That will necessitate enough extra money in the event you need to pay more for the deductible.

Full coverage versus liability-only

The diagram below visualizes the comparison of Jeep Grand Cherokee annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. Data assumes no claims or violations, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Are you wasting money paying for full coverage?

There is no clear-cut formula to exclude physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the settlement you would receive from your company, then you might consider buying liability only.

For example, let’s assume your Jeep Grand Cherokee replacement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, you would only receive $5,000 after the policy deductible has been paid. If you are paying in excess of $500 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are a few cases where buying only liability insurance is not recommended. If you haven’t paid off your loan, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not remove full coverage.

How Your Grand Cherokee Insurance Premiums are Determined

Lots of factors are taken into consideration when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, although some other factors are less apparent like where you live or how financially stable you are. One of the most helpful ways to save on insurance is to to have a grasp of some of the things that play a part in calculating the rates you pay for insurance. When you understand what positively or negatively impacts your premiums, this enables you to make decisions that can help you get lower premium levels.

Why you need to buy insurance

Despite the fact that insurance is not cheap in Riverside, maintaining insurance is a good idea for several reasons.

The benefits of insuring your Grand Cherokee definitely exceed the cost, particularly when you have a large claim. Today the average American driver is currently overpaying as much as $850 per year so compare rate quotes every year to ensure rates are inline.