Compare the Cost of Jeep Cherokee Insurance by Model Year and Company

Jeep Cherokee insurance rates can vary considerably depending on the driver’s age and the car model year. Full coverage car insurance for a 16-year-old driver costs $6,392 per year on average, while rates for a 40-year-old are much cheaper at $1,394 per year. Similarly, rates for older Jeep Cherokee models are cheaper. The average cost of insuring a 2014 model is $1,311 per year, and rates for a 2022 model are around $1,494 per year.

MoneyGeek also rated the best Jeep Cherokee insurance companies for balancing affordability with service and claims experience.

The average cost of insuring a Jeep Cherokee is $1,433 per year, but rates will vary depending on the insurer. GEICO offers the cheapest full coverage policy at $1,192 per year, while Farmers is the most expensive option at $1,618 per year.

Meanwhile, State Farm offers the cheapest minimum coverage policy at $532 per year, and Farmers is once again the most expensive option at $786 per year for a similar policy. Comparing quotes from different providers will help you find the cheapest car insurance.

Insurance costs for a particular car model are influenced by various factors. Jeep Cherokee insurance costs are moderate compared to the average cost for other car models. Certain car models are more expensive to insure due to their higher value and repair costs. On average, this vehicle has low theft rates and a good safety profile, which helps keep its rates in the moderate category.

In addition to affordable rates, it's also important to consider customer service track record and claims experience when shopping for the best Jeep Cherokee insurance.

Based on our analysis, the best car insurance companies for a Jeep Cherokee are:

• State Farm: MoneyGeek score 90 out of 100 ($1,194 per year)
• GEICO: MoneyGeek score 90 out of 100 ($1,192 per year)

State Farm ranked second for both customer satisfaction and affordability, so policyholders can expect a good balance of service quality and inexpensive rates.

The average cost of car insurance for a 2014 model is $1,311 per year, which is $183 cheaper than the cost of insuring a 2022 model. Newer models are generally more expensive to insure since they are higher in value than older models.

The average cost of car insurance for a Jeep Cherokee can also vary considerably depending on the insurer and model year. State Farm is the cheapest insurer for a 2014 model at $1,068 per year, while GEICO is the cheapest insurer for a 2022 model at $1,297 per year.

Car insurance rates are higher for teens and drivers in their 20s than for drivers 30 and older. For example, Jeep Cherokee full coverage car insurance for a 16-year-old driver costs $6,392 per year on average, while rates for a 40-year-old are much cheaper at $1,394 per year. Teen car insurance rates decrease as a driver ages through their teenage years and usually stabilize in their 20s.

A family policy is the cheapest way to get teen car insurance since individual teen policies are much more expensive. It's also important to keep in mind that, in most cases, teens can't legally buy their own policies without a parent or guardian agreeing to cosign. State Farm offers the cheapest rates for individual teen car insurance at $4,349 per year for full coverage, while Progressive is the most expensive option at $8,977 per year. Shopping around is the best way to get the most affordable car insurance for teen drivers.

Along with the vehicle model year and the driver's age, location can be a significant determining factor in Jeep Cherokee insurance costs. For instance, New York has much higher car insurance rates compared to Idaho, the cheapest state for car insurance. Comparing quotes from the cheapest insurers in your state will help you find the most affordable rates.

Moneygeek answered common questions about Jeep Cherokee car insurance to help you learn more about costs and quality.