We all have a vision of the perfect Jeep to buy when looking for one of the brand’s off-roading vehicles. What we don’t often remember to do is factor in insurance prices. With today’s economy, choosing an inexpensive Jeep with the lowest possible rates will help. However, which Jep has the lowest insurance costs? And what if you have a recent accident on your record? How would that change your decision? 

Why insurance rates are different for everybody

Auto insurance is something you have to have to drive in most states legally. When it comes to how much you’ll have to pay to keep all your vehicles insured, the prices will vary from person to person. Why is that?

Insurance companies will take your age, gender, and the type of vehicle you drive into account, among several other factors. Each company will pull its statistics from various reports to determine how much of a risk a particular vehicle is on the road, according to CarInsurance.com. But they don’t all pull from the same place. Prices can also increase from time to time for a variety of reasons. 

What you pay for premiums one year may not be what you’ll pay the next due to changing factors, like inflation, rise in car part prices, and even the rise in repair costs. Your credit score and location are also items companies look into when determining your new premium. Someone with poor credit will pay more than one with a higher rating, except in states where credit reports can’t be used in calculating rates. 

Since everyone’s situation is different, insurance companies have to look at each case separately and determine how much your rates will be using your own specific data. 

Which Jeep vehicle has the lowest Insurance costs?

Jeep has quite a few models in their lineup currently. The one that has the lowest insurance costs is the Jeep Wrangler SUV. Someone with no marks on their record and of average age should pay around $1,433. If that same person has a poor credit score, the price will be $2,461, which is actually not too bad if you compare it to other Jeep vehicles. 

The Jeep Gladiator model is the most expensive to insure, with an annual premium of $1,893 for those with good credit. Those who aren’t so lucky with their credit scores will have to pay around $3,252, which is around $1,000 more than the Wrangler model. If their record is good, but they have an accident on file, the cost falls in the $2,779 range. 

For the Wrangler, a driver with an at-fault accident on their record will pay $2,104, which is about $600 or so less than the Gladiator. Even the Grand Cherokee costs quite a bit more with a premium that’s around $400 more than the Wrangler version. 

There are so many factors that go into determining your insurance rates for the vehicles you own, including location, age, and credit scores, to name a few. The Wrangler SUV will be your best bet if you’re looking to get a Jeep but want to keep insurance costs down. 

How much would it cost to insure a Jeep brand vehicle?

Of course, it will depend on the specifics of your situation, including age, location, and driving record. But, on average, a 40-year-old driver with a good driving record and credit can expect to pay approximately $1,591 for insurance. If that same person had poor credit, the price increases to $2,733. But, if the 40-year-old driver had a recent accident on their record, the price would fall in the $2,336 range. 

According to CarEdge, if the person is 18 years old, you can expect the price to be much higher. When a driver at this age has good credit and a decent driving record, the Insurance rate would be just over $5,000 annually. If the credit scores are in the poor range, the price goes up to $8,627. But, if everything is good, and the driver has an at-fault accident under their belt, they would pay $7,374 in fees for insurance.

Another factor that you might want to consider is the location you’re driving the Jeep in. Some states are more expensive than others. For example, a driver with good credit and a decent record in Michigan could pay about $3,681. If they have poor credit, the price shoots up to $7,658, and if they have an at-fault accident on their file, the premium could cost them $4,855.