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A 2017 Jeep Grand Cherokee starts at a base price of $30,395. With the average insurance rate at $2,640 per year, the annual insurance cost–to–base car price ratio is 8.7%.
Model | Monthly insurance rate | Base car price |
---|---|---|
Cherokee | $220 | $23,695 |
Compass | $164 | $19,940 |
Grand Cherokee | $220 | $30,395 |
Patriot | $164 | $18,040 |
Renegade | $220 | $17,995 |
Wrangler | $154 | $23,995 |
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The Jeep Grand Cherokee has been around since 1993 and is currently in its fourth generation. The vehicle was designed to be a larger successor of the Jeep Cherokee. The Jeep Grand Cherokee always uses a unibody chassis, whereas, many common SUVs use body on frame construction. This midsize SUV is known for its great off road capabilities, strong engine lineup and luxurious interior. In 2015, there were over 195,000 sales in the United States.
You could save money on car insurance for your Jeep Grand Cherokee if it comes equipped with these safety features.
The latest model of the Grand Cherokee has been evaluated by the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) for safety ratings. The NHTSA awarded the Grand Cherokee with a 5-Star Overall Safety Rating. The car scored four, out of five stars for the rollover crash test by the NHTSA. The IIHS deemed the small overlap front crash test as marginal. The other crash tests by the IIHS were given the highest rating possible.
According to the National Insurance Crime Bureau, there were over 9,700 Jeep Cherokee/Grand Cherokee stolen in 2013, making it the eighth most stolen car that year.
From a price standpoint, the Jeep Grand Cherokee ranks right in the middle of our list of the 360 priciest car models to insure.
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