How Much Does Jeep Cherokee Car Insurance Cost? | Finder Canada

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How much does Jeep Cherokee car insurance cost?

Find out the average Jeep Cherokee insurance rate.

Jeep Cherokee 2019

Not to be confused with the popular full-size Grand Cherokee SUV, the Cherokee is a crossover SUV that is currently in its fifth generation. This all-purpose vehicle has great safety features and crash test ratings that should make it easy to find coverage.

On average, auto insurance for a Jeep Cherokee costs $282 a month — or $3,381 a year, which is much higher than the average of any one province or territory. Keep in mind though that your actual cost may vary based on your location, among many other factors. For example, the average cost of auto insurance in Ontario is $1,505, compared to New Brunswick’s much more modest average of $867. This is why it’s important to get quotes that reflect your actual situation.

Compare free car insurance quotes online for your Jeep Cherokee

Name Product Roadside assistance Third-Party Liability Collision Coverage Comprehensive Coverage Discounts Available Available Provinces
Sonnet Auto Insurance
Up to 25%
Alberta, New Brunswick, Nova Scotia, Ontario, PEI, Quebec
Get auto insurance with Sonnet in just five minutes. Save up to 25% on your auto insurance through discounts and bundling options.

Who it might be good for: Drivers looking to apply and manage their car insurance completely online.
Intact Car Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Get car insurance with Intact and enjoy a quick turnaround on any lodged claims. Get a free quote through Surex.

Who it might be good for: Drivers looking to get rewarded for good driving behaviour.
Aviva Car Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Aviva car insurance offers customizable policies, discounts and optional insurance coverage add-ons. Get a free quote through Surex.

Who it might be good for: Drivers looking to customize their auto policy.
Travelers Car Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Travelers auto insurance offers a selection of coverage options for just about any type of vehicle. Get a free quote through Surex.

Who it might be good for: Drivers looking to get car, motorcycle, classic car, motorhome or recreational vehicle coverage.
Surex Auto Insurance
Up to 25%
Alberta, Northwest Territories, Nova Scotia, Ontario, Yukon
Submit one application and receive quotes from 10+ insurers. Save up to 25% on your car insurance, plus get access to an insurance advisor.

Who it might be good for: Drivers looking to use an insurance broker to compare multiple pricing and coverage options.
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How to compare insurance for the Jeep Cherokee

Let’s face it – shopping for auto insurance can be frustrating, it’s an expensive purchase that you hope to never use. And since coverage is mandatory in every province and territory, you can’t opt out. So while you can’t avoid shopping for auto insurance, knowing what to look for can make the process easier and more affordable. Here’s what you should know about comparing auto insurance:

  • Price. Although price is important, it’s best used a tool to compare similar policy options rather than your deciding factor.
  • Deductible. Choose a deductible that suits your budget and situation. Higher deductibles may cost more up front but can make for lower monthly premiums. Similarly, a lower deductible costs less if you file a claim, but could cost you more in monthly premiums
  • Minimum coverage. Every province and territory requires drivers to have car insurance. Make sure your provincial or territorial minimums are met before choosing a policy.
  • Additional coverage. Personal injury protection and uninsured motorist coverage are just two of the many available types of extended coverage. Be sure to choose a provider that offers the additional coverage you need.
  • Extras. Accident forgiveness, roadside assistance and no-deductible glass repair are all extras that may be available on your policy. If extra features are important to you, be sure to speak with your provider to find out whats available.
  • Restrictions. Some policies may have restrictions on ridesharing, traveling out of the country, or other limitations. Be aware of any restrictions to avoid gaps in coverage or bring denied claims.
  • Manufacturer offer or loyalty discount. Some manufacturers have partnerships with insurance providers to provide special offers or discounts. Speak with your dealership to find out if any offers are available.
  • Warranty. Find out what coverage is offered through your manufacturer warranty to avoid paying for extra coverage you don’t need

What factors affect car insurance rates for Jeep Cherokee?

The cost of insurance largely depends on your risk of filing claims and the cost of paying them out. And while your driving history and location can affect these factors, the vehicle you drive plays a much more important role. This is because performance, theft rates, repair costs and other variables differ between every make and model. Here’s how the Jeep Cherokee’s characteristics might affect the cost of insurance.

  • Body type. The Cherokee is an all-purpose SUV that is suitable for almost any terrain. However, its potential to be used for towing or off-road driving could make for higher insurance premiums.
  • Type of car. The Jeep Cherokee is a crossover SUV with a modest price tag. This could make for more affordable insurance premiums.
  • Theft. While Jeep theft rates are relatively low, the Cherokee has been one of the top 10 most stolen cars in various regions in the country. This could increase the cost of insurance.
  • Repairs. The Cherokee’s average annual repair cost is generally higher than that of other vehicles in its class. This could lead to more expensive auto insurance.
  • Safety ratings. The Jeep Cherokee has a number of safety features and great safety ratings that could lead to auto insurance discounts.
  • Fuel type. If you opt for the gas engine, it can generally cost less to insure compared to diesel or hybrid vehicles.
  • Trim & packages. Adding options that increase power, overall value or potential repair costs could lead to higher insurance premiums. That said, features that improve safety or visibility may have the opposite effect.

    Does the Jeep Cherokee qualify for auto insurance discounts?

    You could save money on car insurance for your Jeep Cherokee if it comes equipped with these safety features.

    • New car discount
    • Anti-lock brake discount
    • Anti-theft discount
    • Passive restraint discount (Airbags, motorized seat belts, etc.)
    • Emergency roadside assistance discount

    Jeep Cherokee safety & reliability ratings

    The 2020 Jeep Cherokee earned an overall consumer rating score of 80/100 from J.D. Power. The 2019 model was an IIHS Top Safety Pick, while the 2020 model received the top possible rating in all crash tests by the IIHS. Additionally, the NHTSA gave the 2020 Jeep Cherokee a 4 out of 5 star overall safety rating, which was the result of 4/5 star ratings on most frontal and rollover crash tests and a 5/5 star rating for side crash tests.

    Jeep Cherokee maintenance

    The Jeep Cherokee is an all-purpose crossover SUV that’s designed to handle almost any terrain on and off the road. It offers a comfortable and safe driving experience that makes it great for families and road trips, but it may require more maintenance than other vehicles in its class. Regardless, routine maintenance like oil changes and inspections can prevent unexpected issues and ensure that your vehicle drives smoothly. Here’s what to expect.

    • Since vehicle usage may vary depending on the owner, location and other factors, Jeep doesn’t have a suggested oil change schedule. Instead, you should follow the oil change indicator system to find out when your oil needs to be changed.
    • Oil changes could cost between $100 and $200, but your actual cost may vary.
    • The Cherokee has an annual average repair cost of just over $600.

    Does a new Jeep Cherokee come with a warranty?

    Yes, all Jeep models come with a 3-year or 60,000-km limited warranty. You can have your Jeep serviced at any authorized Chrysler, Dodge, Jeep or Ram dealer. If you’re looking for warranties for previous model years, you can find more details on Jeep’s website. Your new Jeep may also come with two other warranties:

    • Rust-through coverage. Coverage for damage to all body sheet metal that has been rusted-through. The warranty lasts for 5 years or 160,000-km.
    • Powertrain warranty. This is a 5-year or 100,000-km fully transferable warranty with $0 deductible. It also includes 24-hour roadside assistance.

    Jeep doesn’t offer an official extended warranty for the Cherokee.

    About the Jeep Cherokee

    The Jeep Cherokee has been around since 1974 and is currently in its fifth generation. The Cherokee was originally a variant of the Jeep Wagoneer. The compact SUV is known for its premium cabin, spacious interior, excellent off-road capability with the four wheel drive option.

    Bottom line

    The Jeep Cherokee is an all-purpose crossover SUV that offers a balance between comfort and durability. The current generation has relatively high annual maintenance costs, however, it has near-perfect safety ratings and an assortment of great safety features that may help you save on auto insurance. If you’re looking to get behind the wheel of a Jeep Cherokee, find out more about your financing options here. You can then get insurance quotes from multiple providers to find out how much you’ll pay, and compare your options to get the best value for the coverage you need.

    Frequently asked questions about the Jeep Cherokee

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