Finding the cheapest coverage for a Jeep Grand Cherokee in Hawaii is pretty easy to do, but it depends on many rating criteria such as your birth date, whether or not you have prior claims, and any past driving violations you may have had. Hawaii drivers pay on average $622 annually to insure their Grand Cherokee, but that amount is based on a 50-year-old married male driver with full physical damage coverage and $500 deductibles.
More likely than not, you are not 50 years old and maybe not even male, possibly single instead of married, or maybe you have a teenager that needs to be on your policy. Having just a slight change in rating variables or coverage information can make a big difference in the cost of insuring your Grand Cherokee.
Not everyone needs the same coverages, so the only way to find the cheapest insurance price for your Jeep is to compare as many rates as you can. Quotes only take a few minutes and you will receive price comparisons from top-rated car insurance companies that insure vehicles in Hawaii.
The trim level of your vehicle will influence price, so the price you pay to insure a Grand Cherokee Laredo 2WD model will be $58 less than the price to insure the high end Grand Cherokee SRT-8 4WD version, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Cherokee Laredo 2WD||$130||$236||$254||$16||$76||$712||$59|
|Grand Cherokee Laredo 4WD||$130||$236||$254||$16||$76||$712||$59|
|Grand Cherokee Limited 2WD||$146||$278||$254||$16||$76||$770||$64|
|Grand Cherokee Limited 4WD||$146||$278||$254||$16||$76||$770||$64|
|Grand Cherokee SRT-8 4WD||$146||$278||$254||$16||$76||$770||$64|
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Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Price information does not factor in Honolulu location which can impact premium rates considerably.
Choosing the best car insurance provider can be rather challenging considering how many different companies insure vehicles in Honolulu. The rank data shown below may help you choose which auto insurance companies you want to consider to insure your vehicles.
These rankings only include the largest companies in America, so companies with more of a regional focus will not be included in this list. If you’d like to compare prices from these and other companies in Hawaii, simply click here.
Top 10 Major Car Insurance Companies Overall in Honolulu
- American Family
- State Farm
- The Hartford
- AAA Insurance
- Liberty Mutual
Top 10 Major Car Insurance Companies in Honolulu Ranked by Customer Service
- State Farm
- The Hartford
- American Family
- AAA Insurance
- Liberty Mutual
- Farmers Insurance
Should you buy full coverage?
Saving money on car insurance is the goal of the majority of people, and one great way to lower the cost of insurance for a Jeep Grand Cherokee is to not buy full coverage. The chart below shows the comparison of insurance premiums with full coverage and liability only. The rate quotes are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single status, and no discounts are applied to the premium.
If the expense is averaged for all age categories, physical damage coverage costs $1,412 per year over and above liability only. Lot’s of drivers question if you should buy full coverage. There is no written rule for dropping physical damage coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
The information below shows how different deductible levels can increase or decrease yearly insurance costs when researching cheap insurance for a Jeep Grand Cherokee. Data assumes a single male driver, full coverage, and no discounts are applied.
The data above shows that a 40-year-old driver could lower their car insurance rates by $304 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $458 by choosing a $1,000 deductible. Younger drivers, such as the Age 20 example, could drop their prices as much as $1,004 each year just by using higher deductibles. If you make the decision to raise deductibles, it will be necessary to have enough savings to be able to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Who has the cheapest Grand Cherokee insurance?
Hawaii car insurance rates are determined by lots of factors that will increase or decrease the cost of your policy. Getting older, buying a home instead of renting, or getting a speeding ticket can produce rate changes that can now make some companies more affordable than before. And not only may your rating factors change, but companies change rates as needed to reflect underwriting profits or losses. Larger than normal claims may cause rate hikes, while lower claims can result in more affordable Grand Cherokee insurance rates.
As an example, the graph below shows the company with the cheapest car insurance in Honolulu, HI for a 35-year-old female driver with a clear driving record, no claims, and a high credit rating. If we look at prices based on her current risk factors, USAA may offer the most affordable car insurance rates in Honolulu at $1,003 annually. This is $593 less than the average premium paid by Hawaii drivers of $1,596. State Farm, GEICO, Liberty Mutual, and Progressive are the remaining most affordable Honolulu, HI auto insurance companies.
In the next rate comparison, we’ll give the driver in the first chart a couple of claims, a lower credit rating, and a traffic citation. Since each company has a different process to set policy rates, analyzing rates may result in a different ranking of affordable Honolulu car insurance companies as shown below.
State Farm now has the best car insurance rate in Honolulu, HI with USAA, GEICO, First of Hawaii, and Liberty Mutual completing the list. This example illustrates why it is so important to perform a complete rate comparison to get the cheapest insurance quotes for a Jeep Grand Cherokee.
Auto insurance prices can be altered by many risk factors and change dramatically, so the cheapest company when you last compared rates may now be costing you a lot of money.
How to find the cheapest insurance for a Jeep Grand Cherokee
Below you’ll find some of the recommended thrifty ideas that can help Honolulu drivers buy cheaper coverage.
- Violations and traffic tickets increase rates
- Increase your policy deductibles
- Higher credit scores can equal lower rates
- Home or renters coverage can save on auto insurance
- Drive attentively and avoid accidents
- Frequent claims may make car insurance unaffordable
- Compare price quotes at least once a year
The final tip is very significant, as was discussed in the prior article. Prices charged by car insurance companies adjust frequently, so drivers shouldn’t hesitate to switch carriers if a more affordable rate is found. Brand loyalty is great, but it’s not a good idea if that dedication is costing potentially thousands of dollars a year. It takes less than five minutes to compare prices to find cheaper car insurance for a Jeep Grand Cherokee in Honolulu.
If you aren’t sure which coverage you need and prefer to have some professional guidance when buying car insurance for a Grand Cherokee, the agencies below are a good start to aid you in deciding which auto insurance policy fits you best. To locate an agency near you, click the link at the bottom.
Jef Saragena – State Farm Insurance Agent
677 Ala Moana Blvd Ste 310 – Honolulu, HI 96813 – (808) 951-0866
Dean Nomura – State Farm Insurance Agent
1215 Hunakai St #203 – Honolulu, HI 96816 – (808) 737-5662
Tina Tay – State Farm Insurance Agent
3615 Harding Ave Ste 303 – Honolulu, HI 96816 – (808) 394-5433