Who Has Cheap Car Insurance for a Jeep Grand Cherokee in Plano?

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Jeep Grand Cherokee insurance cost
Jeep Grand Cherokee insurance cost image courtesy of QuoteInspector.com

Buying cheap insurance for a Jeep Grand Cherokee in Texas depends on a large number of rating criteria such as how many miles you drive each year, where your vehicle is garaged, and if you have tickets or violations. Texas drivers pay approximately $1,462 each year for Grand Cherokee insurance, but that is an estimate calculated based on a 40-year-old single female driver with full physical damage coverage and $100 deductibles.

When projecting a rate like this, the problem is that you're not a 40-year-old female, married instead of single, or maybe you just want liability only. Even a minor change in the rating criteria used to formulate rates may result in significant differences in the cost of insurance.

There is no perfect policy for every driver, so the only real way to find cheap auto insurance rates for your Jeep is to just compare rates yourself.

Compare Jeep Grand Cherokee Insurance Rates

The trim level of your Jeep will influence price, so the rate you pay to insure a Grand Cherokee Laredo 2WD trim level will be $160 cheaper than the price to insure the high end Grand Cherokee SRT-8 4WD version, as shown below.

Jeep Grand Cherokee Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $314 $670 $496 $30 $148 $1,658 $138
Grand Cherokee Laredo 4WD $314 $670 $496 $30 $148 $1,658 $138
Grand Cherokee Limited 2WD $356 $788 $496 $30 $148 $1,818 $152
Grand Cherokee Limited 4WD $356 $788 $496 $30 $148 $1,818 $152
Grand Cherokee SRT-8 4WD $356 $788 $496 $30 $148 $1,818 $152
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Rate information does not factor in your specific Plano location which can alter rates considerably.

Finding out which insurers offer the cheapest insurance rates for a Jeep Grand Cherokee will involve a little more work in order to find the best policy.

Every auto insurer uses their own formula to determine premium rates, so to begin we'll rank the lowest cost insurance companies in Plano.

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Cheapest Texas car insurance ranked by price
Rank Company Cost Per Year
1 Travelers $1,041
2 USAA $1,084
3 Texas Farm Bureau $1,247
4 Germania Mutual $1,294
5 Esurance $1,379
6 California Casualty $1,396
7 Mercury $1,461
8 State Farm $1,495
9 Safe Auto $1,565
10 Nationwide $1,585
11 Progressive $1,664
12 Allstate $1,701
13 Amica $1,705
14 GEICO $2,093
15 Home State $2,134
16 MetLife $2,183
17 Unitrin $2,310
18 Encompass $2,324
19 21st Century $2,469
20 Titan $2,568
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Travelers generally has some of the most affordable car insurance rates in Plano at around $1,041 annually. This is $863 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the lowest-priced Plano, TX car insurance companies.

In the rate table above, if you are a policyholder with Texas Farm Bureau and switched to Travelers, you could earn an annual premium reduction of upwards of $206. Policyholders with Germania Mutual could save as much as $253 a year, and Esurance customers might see rate reductions of $338 a year.

It's important to note that these policy prices are averaged across all drivers and vehicles and and are not calculated with a specific zip code for a Jeep Grand Cherokee. So the insurer that can offer you the best rate may not even be in the top 23 companies shown above. That helps illustrate why you need to get car insurance quotes using your own individual information.

Get discounts on Plano insurance

Cheaper Plano, TX insurance for a Grand CherokeeAuto insurance companies that offer coverage for a Jeep Grand Cherokee may also give you discounts that could reduce prices by 35% or more if you can meet the requirements. A list of companies and their possible discounts are shown below.

The diagram below illustrates the comparison of insurance costs with and without discounts being applied to the rates. The prices are based on a female driver, no accidents or driving violations, Texas state minimum liability limits, full physical damage coverage, and $100 deductibles.

The first bar for each age group shows premium with no discounts. The second bar shows the rates with anti-theft, safe-driver, claim-free, marriage, accident-free, and multiple vehicle discounts applied. When discounts are factored in, the average amount saved each year on insurance for a Jeep Grand Cherokee is 28% or $742.

Last year's bargain might be this year's rip off

Plano, TX insurance rates are determined by lots of factors that will increase or decrease the cost of having a policy. Simply getting older, buying a different home, or having an at-fault accident may prompt premium changes that can cause some rates to be cheaper in comparison to the competition. In addition, companies amend pricing without warning in order to remain profitable. Higher than normal claims can cause more expensive premiums, while long-term profits may produce lower-priced Grand Cherokee insurance rates.

To illustrate this point, the graph below shows which companies have the cheapest car insurance in Plano, TX for a 35-year-old male driver with no prior claims, no tickets, and great credit. When comparing rates based on his current situation, Travelers might offer the best car insurance rates in Plano at $1,125 each year. This is $779 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the list of the top five cheapest Plano, TX auto insurance companies.

The example below compares rates after we give the driver from the first set of rates some claims, a lower credit rating, and a speeding ticket. Since every insurance provider uses their own formula to determine rates, analyzing rate quotes may now present a different list of affordable Plano car insurance companies as shown below.

State Farm now has the lowest car insurance rate in Plano with Mercury, Nationwide, Safe Auto, and USAA now being in the top five. This example shows why it is important to compare as many rates as possible when trying to get the best insurance rates for a Jeep Grand Cherokee.

Prices are influenced by many things and can increase or decrease at any time, so the most economical option when you bought your policy may now be quite expensive.