Finding the cheapest auto insurance for a Jeep Grand Cherokee in Texas depends on a whole bunch of rating criteria such as age of the driver, whether or not you have filed claims in the past, and any prior driving offenses. Texas drivers pay around $772 a year to insure their Grand Cherokee, but that cost is an estimate based upon a 50-year-old married female driver with full physical damage coverage and $1,000 deductibles.
There’s a good chance you are not 50 and maybe not even a female, you might be single instead of married, or maybe you prefer liability limits higher than required by Texas state law. Have just a small change in the factors used in pricing a policy can result in a large change in the policy rate.
Not everyone needs the same coverages, so the best method for finding cheap auto insurance rates for your Jeep is to put in the effort to do a thorough rate comparison.
Compare Jeep Grand Cherokee Insurance Rates
The specific model of Grand Cherokee will be a contributing factor to price, so the rate you pay to insure a Grand Cherokee Laredo 2WD model will be $64 less expensive the cost to insure 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 | $140 | $260 | $358 | $22 | $108 | $888 | $74 |
| Grand Cherokee Laredo 4WD | $140 | $260 | $358 | $22 | $108 | $888 | $74 |
| Grand Cherokee Limited 2WD | $158 | $306 | $358 | $22 | $108 | $952 | $79 |
| Grand Cherokee Limited 4WD | $158 | $306 | $358 | $22 | $108 | $952 | $79 |
| Grand Cherokee SRT-8 4WD | $158 | $306 | $358 | $22 | $108 | $952 | $79 |
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Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Information does not factor in specific zip code location which can raise or lower premium rates substantially.
How to find a good Houston insurance company
Choosing a good quality car insurance provider is difficult considering how many choices there are in Texas. The company rank data in the lists below may help you select which coverage providers you want to consider buying from. These rankings are only comprised of companies with a national presence, so companies with more of a regional focus are not taken into consideration for these rankings.
| 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 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| 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 |
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Data Source: Insure.com Best Car Insurance Companies
Cost comparison with and without full coverage
Reducing the cost of insurance is important to most vehicle owners, and one great way to pay lower rates for insurance for a Jeep Grand Cherokee is to not pay for full coverage. The diagram below illustrates the difference between car insurance rates when comparing full coverage to liability only. The rates are based on no violations or accidents, $500 deductibles, single marital status, and no discounts are taken into consideration.
Averaged out for all age groups, physical damage coverage costs $2,293 per year more than just buying liability insurance. Many people question if paying for full coverage is a waste of money. There is no clear-cut formula to drop full coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is about 10% or more of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your vehicle’s replacement cost is $9,500 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,500 after the deductible is paid. If premiums are more than $850 annually to have full coverage, then it may be the right time to buy liability only.
The example below demonstrates how deductible levels can impact yearly insurance costs when trying to find cheap insurance for a Jeep Grand Cherokee. The rate quotes are based on a single female driver, full coverage, and no other discounts are factored in.
The data above shows that a 40-year-old driver could save $422 a year by changing from a $100 deductible up to a $500 deductible, or save $634 by choosing a $1,000 deductible. Younger drivers, like the 20-year-old, could possibly save $1,074 each year just by choosing higher deductibles when buying full coverage. When raising deductibles, it is essential to have plenty of money set aside to be able to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
Why you should be shopping around
Texas insurance rates are impacted by many things which can substantially decrease or increase the price you have to pay. Simply having a birthday, increasing deductibles, or getting a ticket for running a stop sign can produce rate changes that may make certain companies much cheaper than others. In addition to those changes, insurers change their prices as often as every three months in order to be able to pay unexpected claims. Significantly higher claims may cause rate increases, while a better claims history may result in cheaper Grand Cherokee insurance rates.
For instance, the graph below shows the companies that have the cheapest car insurance in Houston, TX for a 40-year-old female driver with no prior claims, no tickets, and a decent credit rating. If we estimate rates based on her personal risk profile, Travelers might quote the lowest car insurance rates in Houston at $1,325 annually. This is $579 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the list of the best Houston, TX auto insurance companies.
The chart below compares rates after we give the driver from the first set of rates a claim or two, poor credit, and a speeding citation. Due to the fact that each insurance company has a proprietary method to set premium rates, analyzing rates most likely will result in a slightly different list of cheap Houston auto insurance companies as shown below.
Mercury now has the best auto insurance rate in Houston with State Farm, Safe Auto, Nationwide, and USAA also being competitive. This demonstrates why consumers need to compare rates to find the most affordable car insurance rates for a Jeep Grand Cherokee. Prices are impacted by many different factors and can change without notice, so the best company two years ago may now be costing you a lot of money.
Tips for finding more affordable auto insurance for a Jeep Grand Cherokee
The list below details a few money-saving ideas that can help drivers buy cheap car insurance.
- Drive attentively and avoid accidents
- Avoid getting citations and tickets
- Buy your homeowners policy from the same company as your auto insurance
- Avoid filing small claims
- Safe vehicles cost less to insure
- Shop around and save
The last suggestion is notably important, as was emphasized in the prior information. Prices in Houston adjust often, so don’t hesitate to change to a new company if you find a better deal.
Many drivers prefer to stick with one company, but we do not recommend it if that faithfulness ends up costing you a lot of money every month. If you have a few minutes, now is a great time to compare rates to find cheaper auto insurance for a Jeep Grand Cherokee.