Rates depend on many factors, including the driver's age and your car’s model year. A 16-year-old driving a Jeep Wrangler pays an average of $6,173 per year to insure a 2022 model and $5,252 per year to insure a 2010 model. A 40-year-old driver, on the other hand, pays an average of only $1,364 per year to insure a 2022 model and $1,126 per year to insure a 2010 Jeep Wrangler.
MoneyGeek also ranked insurers to find the best balance of affordability, service quality and claims experience.
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Average Cost and Cheapest Companies for Insuring a Jeep Wrangler
Car insurance for a Jeep Wrangler costs an average of $1,267 per year, although your rates will depend on your insurer. The cheapest car insurance for a Jeep Wrangler is from State Farm, with an average rate of $1,031 per year for a full coverage policy. The most expensive option for a full coverage policy is Farmers at $1,426 per year.
If you’re looking for minimum coverage, State Farm also has the cheapest option at $516 per year. Nationwide has the highest rates, with an average premium of $740 per year.
Is a Jeep Wrangler Expensive to Insure?
Car insurance costs are influenced by several factors, including the car's value, model, and repair costs. A Jeep Wrangler is cheap to insure compared to other vehicle types, so you’ll most likely find affordable rates from insurers. Jeep Wrangler insurance costs are impacted by the car's relatively low value and cheaper repair costs, as well as its relatively low theft rate, all of which make it less risky for insurance companies to insure.
Best Companies for Insuring a Jeep Wrangler
Cost, customer service and claims experience are all factors to consider when looking for car insurance. Based on our analysis, these companies offer the best car insurance for a Jeep Wrangler:
- State Farm: MoneyGeek score 90 out of 100 ($1,031 per year)
- GEICO: MoneyGeek score 89 out of 100 ($1,067 per year)
State Farm ranked the highest for affordability and second-highest for customer satisfaction in our study, meaning that it offers great service at an affordable rate.
MoneyGeek Top Pick: State Farm
Most affordable option for a Jeep Wrangler
Has a high customer satisfaction rating
Offers limited add-on coverages
Has a low claims satisfaction score
State Farm offers the best overall insurance for a Jeep Wrangler, balancing affordability and customer service. The company has a limited number of coverages, but it does offer two essential coverages that are designed to keep you on the road if you experience car trouble and are beneficial for most drivers.
The first of these is Emergency Road Service Coverage, which provides assistance for minor repairs on the road, such as locksmith services, mechanical labor, towing services, gas delivery and tire changes. If you have this coverage on your policy, you can request these services through State Farm’s hotline or send an online request.
In addition, State Farm's car rental and travel reimbursement coverage covers the cost of renting a car while your Jeep Wrangler is being repaired following a covered incident, as well as meals, accommodations or transportation if your car is undriveable while you're more than 50 miles away from home.
MoneyGeek Runner-Up: GEICO
Offers affordable rates for a Jeep Wrangler
Earned a high customer satisfaction score
Has Mechanical Breakdown Insurance (MBI)
Doesn’t offer gap insurance
Has a low claims handling score
GEICO is another great choice for insuring a Jeep Wrangler, with affordable rates and high customer satisfaction ratings. It also provides less common coverages, such as Mechanical Breakdown Insurance (MBI) and accident forgiveness.
MBI is available if your Jeep Wrangler is less than 15 months old with less than 15,000 miles on it. MBI offers coverage for vehicle repairs and replacements without restrictions on parts and systems or repair shops. This coverage can help you save money on repairs to a new care.
Meanwhile, accident forgiveness coverage helps you keep your auto insurance rates low if you're involved in an at-fault accident. You can choose to add this coverage to your policy for an extra cost, or GEICO might add it as a reward if you've been claim-free for several years. Accident forgiveness is not available in California.
Cost of Insuring a Jeep Wrangler by Model Year
Insuring a 2010 Jeep Wrangler costs around $1,126 annually, while it costs approximately $1,364 per year to insure a 2022 model. The average cost of car insurance for newer car models is typically higher than for older ones because of their higher market value.
Your choice of an insurer can affect the average cost of car insurance. For a Jeep Wrangler, State Farm is the cheapest option for both old and new models. It costs $870 per year for a 2010 model and $1,174 per year for a 2022 model.
Cost of Insuring a Jeep Wrangler for 16- to 25-Year-Olds
Car insurance is more expensive for teenagers and young adults than it is for older drivers. For example, car insurance for a Jeep Wrangler costs around $5,703 per year for a 16-year-old driver, while it only costs $1,237 per year for a 40-year-old. Car insurance for teens becomes much more affordable as teenagers age and tend to stabilize as they reach their 20s.
When it comes to car insurance for teens, the most affordable option is to add them to a family plan as individual plans are significantly more expensive. In addition, teens under 18 cannot legally purchase an individual plan without a parent or guardian agreeing to cosign.
State Farm offers the least expensive individual plan for a 16-year-old, with an average annual premium of $3,772. On the other hand, Progressive has the highest premiums at $8,330 per year. Different companies may offer lower rates and exclusive discounts, so it’s best to shop around to find the cheapest car insurance for young drivers.
How Does Location Affect the Cost of Jeep Wrangler Insurance?
Location is one of the most important factors that affect the cost of car insurance. The cheapest insurer for a given car model varies per state. On average, car insurance is cheapest in Idaho and most expensive in New York. In order to find the best rates, it's a good idea to get quotes from the cheapest insurers in your state.
Frequently Asked Questions About Jeep Wrangler Insurance
MoneyGeek answered some commonly asked questions regarding the price and service quality of car insurance for a Jeep Wrangler.
About Mark Fitzpatrick