Jeep
Jeep Auto Insurance
Famous for its role as the light, four-wheel drive of choice for the U.S. Army in World War II, Jeep is one of the most recognizable brand names in the world. The brand is owned by Chrysler, and is one of the largest global manufacturers of SUVs. It makes five- and seven-passenger SUVs and off-road vehicles. Popular models include the Jeep Grand Cherokee, the Jeep Wrangler and the Jeep Liberty. Each of these models has reasonable auto insurance rates.
Jeep security and safety
Some of the Jeep models scored poorly on rear crash tests. The Jeep Liberty models and earlier Jeep Wrangler models received poor ratings. Even the latest Jeep Wrangler model only received a "marginal " rating in rear crash test results. This could have a negative effect on your auto insurance rates, depending on the model of Jeep that you own.
If you're wondering about other risks associated with owning a Jeep, consider this: A study conducted by the National Insurance Crime Bureau showed that Jeeps accounted for 2% of the top 100 cars most often stolen. The Jeep models making the list are the Jeep Cherokee and the Jeep Wrangler. But these facts should only have a nominal effect on your auto insurance rates – especially if you own a Jeep model that isn't one of the two brands above.
Looking at Jeep auto insurance costs
Of course, owning a Jeep will cost you more than just your purchase price. You'll need to determine and factor in your insurance costs to get an accurate picture of how much owning a Jeep costs. The average amount for Jeep insurance premiums each year is $1,288. Here's a look at each model in more detail:
- On the lower end is the Jeep Grand Cherokee, which will cost you around $1,194 per year.
- The Jeep Patriot has an annual insurance premium cost of $1,259.
- The Jeep Compass costs $1,296 per year.
- The Jeep Liberty and the Jeep Wrangler each average about $1,301 per year.
- The Jeep Commander costs the most when it comes to insurance: $1,379 each year.