Who Has the Cheapest Auto Insurance for a Jeep Grand Cherokee in Orlando?

Finding cheaper auto insurance for a Jeep Grand Cherokee is usually pretty straightforward, but it is dependent upon a lot of rating factors such as when you were born, where you live, and driving violations. Drivers will pay around $1,275 a year for Grand Cherokee insurance, but that price is an approximation using a 50-year-old single female driver with both comprehensive and collision coverage and $250 deductibles.

There is a good probability you’re not a 50-year-old female, married instead of single, or maybe you are just looking for cheap liability insurance. Having the smallest difference in rating criteria can result in a massive change in the price of coverage.

Everone’s needs are different, and this illustrates why the best method for finding cheap insurance prices for your Jeep is to compare as many rates as you can. To cut your rates now, get a free quote and you will receive rate quotes from some of the most affordable companies in Florida.

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Vehicle trim level will be a contributing factor to the insurance rate, so the rate you pay to insure a Grand Cherokee Laredo 2WD will be $130 cheaper than the insurance cost for the more expensive Grand Cherokee SRT-8 4WD model, as shown by the rates below.

Jeep Grand Cherokee Insurance Rates in Orlando, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $278 $532 $472 $28 $142 $1,452 $121
Grand Cherokee Laredo 4WD $278 $532 $472 $28 $142 $1,452 $121
Grand Cherokee Limited 2WD $312 $628 $472 $28 $142 $1,582 $132
Grand Cherokee Limited 4WD $312 $628 $472 $28 $142 $1,582 $132
Grand Cherokee SRT-8 4WD $312 $628 $472 $28 $142 $1,582 $132
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Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Price estimates do not factor in your specific Orlando location which can affect coverage prices significantly.

Which car insurance company is best in Orlando?

Choosing the right auto insurance company can be difficult considering how many different companies there are to choose from in Florida. The company rank data below could help you select which insurers to look at comparing rates with.

The rankings below only include the largest companies in America, so companies without a large exposure are not taken into consideration for the list. If you wish to compare rates from these top-rated insurers and more, click here.

Top 10 Large Auto Insurers in Orlando Ranked by Customer Service

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General

Top 10 Large Auto Insurers in Orlando Ranked by Customer Satisfaction

  1. USAA – 91%
  2. AAA Insurance – 90%
  3. Esurance – 90%
  4. Mercury Insurance – 89%
  5. Nationwide – 89%
  6. Travelers – 88%
  7. Progressive – 88%
  8. Safeco Insurance – 88%
  9. State Farm – 88%
  10. Allstate – 88%

Comparison of full coverage and liability-only policies

Finding cheaper car insurance is the goal of most vehicle owners, and an easy way to buy cheap insurance for a Jeep Grand Cherokee is to not buy comprehensive and collision coverage. The information below compares yearly insurance costs with full coverage compared to only the Florida minimum liability coverage. The price estimates are based on a clean driving record, no claims, $250 deductibles, marital status is single, and no other discounts are factored in.

If averaged for all ages, comp and collision coverage costs an extra $2,822 per year more than just buying liability only. That amount may make you wonder if buying full coverage is a good investment. There is no definitive rule to delete full coverage, but there is a general guideline. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s pretend your vehicle’s replacement value is $11,500 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, you would only receive $10,500 after the policy deductible has been paid. If it’s costing in excess of $1,050 a year to have full coverage, then you may want to consider only buying liability coverage.

There are some circumstances where dropping physical damage coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Last year’s bargain might be this year’s rip off

Florida car insurance rates are calculated based on many things that may substantially change the cost of a policy. Simply turning a year older, adding a teenager to your policy, or getting a DUI may generate price changes resulting in some rates now being more affordable than others. Additionally, insurers amend pricing without warning to ensure their profitability. An unexpected high level of claims may cause increased rates, while profitable underwriting may cause lower-cost Grand Cherokee insurance rates.

For example, the bar chart below shows the cheapest car insurance in Orlando, FL for a 40-year-old female driver with a clean driving record, no accidents, and a high credit rating. When quoting prices based on her current rating profile, USAA may have the most affordable car insurance rates in Orlando at $1,167 a year. This is $1,281 less than the average rate paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers are the remaining most affordable Orlando, FL auto insurance companies.

The chart below compares rates after we give the driver from above a claim or two, a lower credit rating, and a speeding ticket. Due to the fact that every auto insurer has a unique approach to establish rates, analyzing rates could now result in a new list of affordable companies as shown below.

USAA now has the cheapest car insurance in Orlando, FL with Allied, Esurance, State Farm, and Auto-Owners now being in the top five. This illustrates why consumers need to take the time to perform an extensive rate comparison to get the most budget-friendly insurance rates for a Jeep Grand Cherokee. Insurance rates are impacted by many risk factors and can change substantially, so the most affordable company the last time you shopped your coverage around may now not even be in the top five.