Buying competitive coverage for a Jeep Grand Cherokee in Ohio is pretty simple, but it depends on a large number of factors such as annual miles driven, your credit status, and whether or not you are a good driver. Ohio drivers will pay on average $542 per year to insure their Grand Cherokee, but that cost is a valuation calculated based on a 50-year-old single female driver with full physical damage coverage and $1,000 deductibles.
The issue with using an average estimated rate is the likelihood you’re not a 50-year-old female, married instead of single, or maybe you prefer to not insure for full coverage. Even a slight change in rating criteria or coverage limits may result in significant differences in the policy cost.
This example demonstrates why the way we recommend to find the cheapest coverage for your Jeep is to put in the effort to do a thorough rate comparison.
The specific trim level tends to have a direct impact on the cost of insurance, so the cost to insure a Grand Cherokee Laredo 2WD will be $44 less than the insurance cost for the higher-end Grand Cherokee SRT-8 4WD model, as shown below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $94 | $182 | $256 | $16 | $76 | $624 | $52 |
| Grand Cherokee Laredo 4WD | $94 | $182 | $256 | $16 | $76 | $624 | $52 |
| Grand Cherokee Limited 2WD | $106 | $214 | $256 | $16 | $76 | $668 | $56 |
| Grand Cherokee Limited 4WD | $106 | $214 | $256 | $16 | $76 | $668 | $56 |
| Grand Cherokee SRT-8 4WD | $106 | $214 | $256 | $16 | $76 | $668 | $56 |
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Data variables include single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Premium costs do not factor in garaging location in Cleveland which can revise premiums noticeably.
Ohio insurance company ratings
Buying coverage from a high-quality company can be rather challenging considering how many companies sell coverage in Ohio. The company information shown next could help you pick which car insurance companies you want to consider when insurance shopping for a Jeep Grand Cherokee.
The ratings below include companies that insure vehicles across America, so companies that have a smaller presence are not factored into the list. To compare price quotes from these top insurers and more, click this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
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Data Source: Insure.com Best Car Insurance Companies
The illustration below highlights how deductible choice can change insurance rates when trying to find cheap insurance for a Jeep Grand Cherokee. The price estimates are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
In the chart above, a 30-year-old driver could reduce rates by $250 a year by increasing from a $100 deductible up to a $500 deductible, or save $378 by choosing a $1,000 deductible. Young drivers, like the age 20 example, could roll back prices up to $536 every year just by using higher deductibles.
When insureds make the decision to increase the deductibles on their policy, it will now be necessary to have enough savings set aside to satisfy the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Careless Cleveland drivers pay higher rates
The easiest method to find the most affordable insurance rates in Ohio for a Grand Cherokee is to drive carefully and have a clean driving record. The information below demonstrates how citations and fender-benders drive up insurance premiums for different age groups of insureds. The data assumes a single male driver, comp and collision included, $250 deductibles, and no other discounts are factored in.
In the chart above, the average cost of a car insurance policy per year with no accidents or violations is $1,547. Get written up for one speeding ticket and the average cost swells to $1,740, an increase of $193 each year. Then throw in one accident along with the one speeding ticket and the annual cost of insurance for a Jeep Grand Cherokee jumps again to an average of $2,289. That’s an increase of $742, or $62 per month, just for not maintaining a clean driving record!
The importance of shopping around for Grand Cherokee insurance
Cleveland, OH insurance rates are impacted by many factors that can increase the cost of a policy. Simply having another birthday, becoming a homeowner, or getting a reckless driving citation may cause policy rate changes resulting in some rates now being cheaper in comparison to the competition. In addition to those changes, insurance companies amend premium rates as often as every quarter in order to be able to pay unexpected claims. An extended period of higher than normal claims may cause additional price hikes, while better underwriting may cause cheaper Grand Cherokee insurance rates.
To illustrate this example, the data below shows a variety of companies that have the cheapest car insurance in Cleveland, OH for a 40-year-old male driver with no accidents, a clean driving record, and a good credit rating. If we estimate prices based on his current rating profile, Utica National may have the most affordable car insurance rates in Cleveland at $806 each year. This is $234 less than the average price paid by Ohio drivers of $1,040. Erie, Allied, Frankenmuth, and USAA are the rest of the top five cheapest Cleveland, OH auto insurance companies.
Now let’s give the driver from the first rate comparison a couple of claims, slightly worse credit, and a few blemishes on his driving record. Since each auto insurance company has a proprietary method to set premium rates, comparing rates could result in a completely different list of the cheapest companies as shown below.
Merchants Insurance Group now has the best insurance rate in Cleveland, OH with Cincinnati Insurance, Motorists Mutual, General Casualty, and Grange Mutual also having competitive pricing. This example proves why Cleveland drivers need to spend some time comparing rates when trying to get the most affordable insurance rates for a Jeep Grand Cherokee.
Insurance prices can be determined by many different factors and can increase or decrease at any time, so the lowest-price company when you bought your policy may now cost much more than other companies.
How to find low-cost auto insurance for a Jeep Grand Cherokee
Below you’ll find many money-saving ideas that can help drivers buy cheap coverage.
- Avoid speeding and other traffic citations and pay less
- Pay less by remaining claim-free
- Lower rates by purchasing a safer vehicle
- Good credit can save money
- Avoid at-fault accidents and claims
- Compare price quotes at least once a year
That last idea is extraordinarily important, as was discussed in this article. Car insurance prices adjust often, so don’t hesitate to change to a new company if a cheaper rate is available. Staying with the same company for years is fine, but it’s not a good idea if that devotion results in you overpaying major coinage every year. In just a couple of minutes you could compare rates and find cheaper car insurance for a Jeep Grand Cherokee in Cleveland.