Skip to main content

Not all vehicles are cost the same to insure. In fact, many new car owners are surprised to discover a hefty premium associated with some models. Luckily, consumers looking at the 2021 Jeep Compass won’t have to worry — this compact crossover SUV is one of the cheapest Jeep models to insure. 

There are plenty of factors to consider when purchasing a new vehicle, such as price, fuel economy, and reliability. Understanding the long-term cost of ownership and estimated monthly premium before purchasing a new car is essential.

Fortunately, insuring a 2021 Jeep Compass isn’t a deal-breaker. Let’s take a look.

The cheapest vehicles to insure

The folks at MotorTrend recently evaluated the cheapest 2021 models to insure. Using data from Insurance.com, they compared six major auto insurance providers in 10 zip codes from each state. “The averages are based on full coverage for a single, 40-year-old male with a clean record and good credit who commutes 12 miles to work each day,” they explained.

Keep in mind that premium costs may vary based on demographics, location, policy limits, age, and violation history.

Also, the hypothetical driver for this analysis has $100,000 in liability coverage for one person and $300,000 for all passengers. There’s a $50,000 property damage limit, a $500 deductible, and comprehensive and uninsured motorist coverage.

The 2021 Jeep Compass is among the cheapest to insure

After compiling the aforementioned data, MotorTrend created a list of the top 10 cheapest cars to insure. The Jeep Compass Sport landed in the middle, earning the number six spot. The average cost to insure the Compass is about $1,324 per year.

The 2021 Jeep Wrangler Sport also secured a spot on the list. It ranks 10th, with an average annual insurance cost of $1,339.

The cheapest vehicle to insure is the 2021 Chrysler Voyager, followed by the Honda CR-V LX, Mazda CX-3 Sport, and Fiat 500X. The Honda HR-V, Mazda CX-5, Subaru Outback, and Subaru Forester are also among the cheapest to insure.

2021 Jeep Compass pricing

The 2021 Jeep Compass is not only cheap to insure but also boasts an affordable purchase price. According to Edmunds, the 2021 Compass starts at $23,895 to $30,795. This compact crossover SUV offers four trims: Sport, Latitude, Limited, and Trailhawk.

All models pack a 2.4-liter four-cylinder engine generating 180 hp and 175 lb-ft of torque. Front-wheel drive comes standard on all trims except the top-of-the-line Trailhawk, with all-wheel drive and a nine-speed automatic transmission.

The base-model Sport offers standard automatic dual-zone climate control, a rear passenger 60/40-split bench seat, and a 7.0-inch touchscreen infotainment system.

Moving up one trim level, the Latitude starts at $27,129. Its optional packages include roof rails, fog lights, automatic headlights, a leather-wrapped steering wheel, satellite radio, and keyless ignition and entry. Also, a special 80th Anniversary Edition starts at a slightly higher $29,609.

Starting at $29,716, the Jeep Compass Limited builds off the equipment in the Latitude. This mid-range trim offers a comprehensive package that includes a remote engine start, a power-adjustable driver’s seat, heated front seats, an auto-dimming rearview mirror, leather upholstery, and an 8.4-inch touchscreen. 

Finally, with a starting MSRP of $31,042, the top-trim Trailhawk boasts off-roading chops. Expect a raised suspension, underbody skid plates, tow hooks, and hill descent control.

Related

Which Cars Are the Cheapest to Insure in 2020?