Unbelievable but true, the vast majority of consumers kept buying from the same company for a minimum of four years, and 38% of customers have never taken the time to shop around. The average driver in the U.S. can save hundreds of dollars each year by just shopping around, but most just don’t grasp the actual amount they would save if they switched to a cheaper policy.
The recommended way to get the cheapest Jeep Grand Cherokee insurance is to compare quotes annually from insurers in Orlando. Price quotes can be compared by following these guidelines.
First, take a little time to learn about the different coverages in a policy and the modifications you can make to lower rates. Many factors that are responsible for high rates such as accidents, careless driving, and a lousy credit rating can be amended by paying attention to minor details.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO and Allstate, while independent agents can provide prices from multiple insurance companies. Compare rates
Third, compare the new rate quotes to your existing rates to determine if switching companies saves money. If you find a lower rate quote, verify that coverage does not lapse between policies.
One thing to remember is that you’ll want to compare identical deductibles and limits on each quote and and to compare all possible companies. This ensures the most accurate price comparison and the most accurate and complete price analysis.
Finding a lower price on Jeep Grand Cherokee insurance is not a difficult process. Just invest a little time comparing price quotes from some recommended companies.
The companies in the list below are our best choices to provide price quotes in Orlando, FL. To locate cheap car insurance in Orlando, FL, we recommend you visit several of them to find the lowest auto insurance rates.
Car insurance is not optional
Even though it can be expensive, buying car insurance is not optional due to several reasons.
- Almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability if you want to drive legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Jeep Grand Cherokee has a loan, it’s guaranteed your bank will require you to have comprehensive coverage to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the bank may buy a policy for your Jeep for a much higher rate and require you to pay for it.
- Insurance safeguards both your vehicle and your personal assets. It will also provide coverage for hospital and medical expenses for not only you but also any passengers injured in an accident. Liability insurance will also pay for a defense attorney if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will cover the damage repairs after a deductible is paid.
The benefits of carrying adequate insurance greatly outweigh the cost, especially if you ever need it. Despite what companies tell you, the average driver overpays more than $830 a year so it’s important to compare rates once a year at a minimum to ensure rates are inline.
Car insurance analysis for a Jeep Grand Cherokee
The data table shown next highlights different insurance policy prices for Jeep Grand Cherokee models. Having a good understanding how policy rates are calculated can be valuable when making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $298 | $438 | $546 | $32 | $164 | $1,478 | $123 |
| Grand Cherokee Laredo 4WD | $298 | $438 | $546 | $32 | $164 | $1,478 | $123 |
| Grand Cherokee Limited 2WD | $338 | $516 | $546 | $32 | $164 | $1,596 | $133 |
| Grand Cherokee Limited 4WD | $338 | $516 | $546 | $32 | $164 | $1,596 | $133 |
| Grand Cherokee SRT-8 4WD | $338 | $516 | $546 | $32 | $164 | $1,596 | $133 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Price estimates do not factor in specific zip code location which can revise prices noticeably.
Physical damage deductibles: Should you raise them?
The hardest decision when buying coverage is at what level do you set your deductibles. The comparisons below can help you visualize the differences in premium rates of buying low and high physical damage deductibles. The first set of prices uses a $100 deductible for comprehensive and collision coverage and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $358 | $648 | $418 | $24 | $124 | $1,597 | $133 |
| Grand Cherokee Laredo 4WD | $358 | $648 | $418 | $24 | $124 | $1,597 | $133 |
| Grand Cherokee Limited 2WD | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| Grand Cherokee Limited 4WD | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| Grand Cherokee SRT-8 4WD | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $262 | $438 | $418 | $24 | $124 | $1,266 | $106 |
| Grand Cherokee Laredo 4WD | $262 | $438 | $418 | $24 | $124 | $1,266 | $106 |
| Grand Cherokee Limited 2WD | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| Grand Cherokee Limited 4WD | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| Grand Cherokee SRT-8 4WD | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Estimates do not factor in specific garaging location which can raise or lower rates substantially.
Based on the above data, using a $100 deductible will cost in the ballpark of $30 more each month or $360 a year across all Jeep Grand Cherokee models than selecting the higher $500 deductible. Since the policyholder would be required to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 13 months between claim filings, you would more than likely save some money going with the higher deductible.
Calculation for raising deductibles
| Average monthly premium for $100 deductibles: | $141 |
| Average monthly premium for $500 deductibles (subtract): | – $111 |
| Monthly savings from raising deductible: | $30 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $30 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
Cost of full coverage
The chart below shows the comparison of Jeep Grand Cherokee auto insurance rates with full physical damage coverage compared to only buying liability only. The premiums are based on no violations or accidents, $500 deductibles, drivers are not married, and no discounts are taken into consideration.
Guidelines for dropping full coverage
There is no exact rule that works best for making the decision to drop full coverage on your policy, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.
For example, let’s assume your Jeep Grand Cherokee replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $7,000 after paying your policy deductible. If you are paying in excess of $700 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are a few situations where removing full coverage is not a good idea. If you still owe a portion of the original loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage.
Cheap Orlando auto insurance rates with discounts
Some insurance providers don’t always advertise every policy discount very well, so here is a list both well-publicized in addition to some of the lesser obvious discounts that you can inquire about if you buy Orlando car insurance online.
- Drive Safe and Save – Drivers without accidents can pay as much as 50% less compared to rates paid by drivers with frequent claims.
- Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings of 25 to 30%.
- Military Discounts – Having a deployed family member could be rewarded with lower prices.
- Club Memberships – Having an affiliation with a civic or occupational organization in Orlando is a good way to get lower rates on auto insurance.
- Discounts for Multiple Vehicles – Buying insurance for multiple cars with one company may reduce the rate for each vehicle.
- Driver Education Discount – Cut your cost by having your teen driver take driver’s ed class in high school.
One thing to note about discounts is that some of the credits will not apply to the entire cost. Most only cut individual premiums such as medical payments or collision. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky. But any discount should definitely cut the cost of your policy.
The information below shows the difference between Jeep Grand Cherokee car insurance costs with and without discounts. The data is based on a female driver, no violations or accidents, Florida state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, safe-driver, and multi-car discounts applied.
A few companies who may offer many of the previously listed discounts are:
When comparing rates, check with all the companies which discounts you may be entitled to. A few discounts may not apply in Orlando. To view auto insurance companies who offer free Jeep Grand Cherokee insurance quotes in Orlando, click here.
Local insurance agents
Certain consumers still like to get professional advice from a licensed agent and that is recommended in a lot of cases Professional agents are trained to spot inefficiencies and help file insurance claims. A good thing about comparing insurance prices online is you may find cheap rate quotes and still have an agent to talk to.
After completing this quick form, the quote information is transmitted to local insurance agents in Orlando that can provide free Orlando car insurance quotes to get your business. You won’t even need to contact an agency since price quotes are sent instantly to you. In the event you want to compare rates from a specific auto insurance provider, feel free to navigate to their website and complete a quote there.
Choosing an company should depend on more than just the premium amount. Agents should be asked these questions:
- How many companies do they write for?
- Are they involved in claim handling?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Is there any savings for paying the full premium?
- Does the quote include credit and driving reports?
- How long has their agency been in business in Orlando?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- What kind of financial rating does the company have?
Is an exclusive or independent car insurance agent right for you?
When narrowing the list to find a good insurance agency, it’s helpful to know the different agency structures and how they can write your policy. Auto insurance policy providers can either be exclusive or independent. Either one can properly insure your vehicles, but it’s important to point out the difference in the companies they write for since it may influence your selection of an agent.
Exclusive Agencies
Agents in the exclusive channel can only place business with one company like State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to place coverage with different providers so they have no alternatives for high prices. These agents receive a lot of sales training on sales techniques and that enables them to sell even at higher rates. Some insured continue to choose to use a exclusive agent mostly because of the brand legacy rather than having low rates.
The following is a list of exclusive insurance agents in Orlando that are able to give price quotes.
- Rick Fowler – State Farm Insurance Agent
2700 Corrine Dr – Orlando, FL 32803 – (407) 897-8100 – View Map - Michael Moore – State Farm Insurance Agent
9161 Narcoossee Rd Ste 207 – Orlando, FL 32827 – (407) 208-9930 – View Map - Leigh DelVesco – State Farm Insurance Agent
3806 Edgewater Dr – Orlando, FL 32804 – (407) 290-8544 – View Map
Independent Insurance Agents
Agents that elect to be independent do not work for one specific company so they have the ability to put coverage with multiple insurance companies depending on which coverage is best. If you are not satisfied with one company, they simply switch companies in-house and you won’t have to switch agencies.
When searching for an agent, it’s recommended you include at least one independent agent to have the most options to choose from. Many can place coverage with mutual insurance companies which could offer lower prices.
Listed below are Orlando independent insurance agencies who can help you get price quotes.
- State and Co Insurance Agency
605 E Robinson St #450 – Orlando, FL 32801 – (407) 334-7505 – View Map - WEGO Insurance Agency, Inc
520 N Semoran Blvd #270 – Orlando, FL 32807 – (407) 476-7972 – View Map - Corkhill Insurance Agency, LLC
20 S Bumby Ave – Orlando, FL 32803 – (407) 898-8891 – View Map
After receiving good responses to your questions as well as cheaper Grand Cherokee insurance quotes, it’s a good possibility that you have found an insurance agent that is reliable enough to insure your vehicles.
When do I need an agent’s advice?
Always keep in mind that when comparing the best auto insurance coverage for your personal vehicles, there really isn’t a perfect coverage plan. Your needs are unique to you and your auto insurance should be unique as well.
For example, these questions can aid in determining whether you might need professional guidance.
- Are rock-chip repairs free?
- Are rock chip repairs covered?
- Why am I required to buy high-risk coverage?
- Do I really need UM/UIM coverage?
- How can I force my company to pay a claim?
- Is pleasure use cheaper than using my Jeep Grand Cherokee to commute?
- Does my policy pay for OEM or aftermarket parts?
- Can my teen driver be rated on a liability-only vehicle?
- How much liability coverage do I need in Florida?
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.
Final considerations
Lower-priced insurance in Orlando is attainable both online and from local agencies, and you should be comparing both to get a complete price analysis. Some companies may not offer price quotes online and many times these small insurance companies only sell coverage through independent insurance agents.
In this article, we covered some good ideas how you can reduce Jeep Grand Cherokee insurance prices online in Orlando. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding affordable Jeep Grand Cherokee insurance quotes. Consumers could even find that the lowest prices come from some of the smallest insurance companies. They may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.
Other articles
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- Who Has Affordable Car Insurance Rates for Drivers Requiring a SR22 in Orlando? (FAQ)
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- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Car Insurance FAQ (Trusted Choice)