Jeep Wrangler Insurance Costs: Everything You Need to Know if You Have Bad Credit

One of the best ways to enjoy your summer this year is from behind the wheel of a beefy and capable Jeep Wrangler. There’s something magical about heading off-road, giving the “Jeep wave” and the wind-in-your-hair experience with the top down. But what about the Wrangler insurance costs?

But before you rush out to buy yourself a new Jeep Wrangler, you’ll need to think about other costs of ownership expenses. Insurance, for example, is a must-have with monthly premiums to consider. If you have bad credit, your insurance estimates might shock you. Here’s everything aspiring Jeep Wrangler owners with poor credit scores need to know.

Insurance rates can differ

A blue Jeep Wrangler parked indoors.
Jeep Wrangler | Sjoerd van der Wal via Getty Images

There is no hard-fast template for insurance rates. And most carriers will look at a host of different criteria about you before quoting you any coverage rates. For example, if you’re a high-risk driver with one or more recent accidents on your driving record, you can expect to pay higher premiums.

Other moving violations also come into play. Those of you with more than a few tickets in your past should expect to pay more for insurance than those with clean driving records.

As you venture out to get insurance quotes, you can also look for discounts. Multi-vehicle discounts, for example, might apply and help reduce your monthly costs. Where you live might also offer reduced rates that fall below the national averages. And distinctions about the type of coverage you select will play a part in how much you pay, including liability-only coverage on a used Jeep versus full coverage on a newer model.

Another consideration you may not realize impacts your insurance rates is credit. So, if you have no credit history or a poor credit score, it signifies that you could be a risky client to insure. And if you’ve struggled to pay your bills in the past, your credit report will inform the insurance company, which may have concerns about affordability for coverage.

Cost breakdowns for insuring a Jeep Wrangler with bad credit

If you’re champing at the bit to own a Jeep Wrangler but have concerns about what kind of insurance rates you can get with poor credit, CarEdge has the calculations. For a 40-year-old driver with a clean record and good credit, the cost of insuring a Jeep is roughly $1,591 annually.

However, if you’re credit-challenged but still have a clean driving record, you can expect to pay more than $2,733 annually. Of course, young and novice drivers with poor credit will pay even more. In fact, an 18-year-old driver with bad or no credit will be looking at $8,627 in insurance premiums every year. 

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Once you’re comfortable with understanding how much insurance might cost you for a Jeep Wrangler, you’ll feel more confident about selecting the right model for you. And if you’re still thinking about a new one, the 2023 Jeep Wrangler won’t disappoint. As Edmunds describes, this latest generation just “oozes personality” and is unbeatable off-road.

Choose from the two or four-door models and from a full menu of trims and extras. There are two primary trim categories for the two-door version, the Sport and the Rubicon. But from there, you can select a sub-trim. The Sport segment offers the Willy’s Sport, the Sport S, the Willys, and the Altitude. The four-door unlimited variation provides the Sahara, the High Tide, and the Rubicon 392. And if you’re interested in electric, you can now get your Jeep experience in a hybrid with the Wrangler 4xe plug-in hybrid.

Before you dive in and start outfitting your new Jeep Wrangler to buy, do some homework on insurance. And if you have poor credit, just be prepared to pay more.