Jeep Grand Cherokee Insurance

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Jeep Grand Cherokee Insurance

Launched in the early 1940s, the Jeep brand has existed for over 75 years. It has been a brand synonymous with adventure, passion, authenticity and a badge of honour. While Mahindra and Mahindra have been manufacturing Jeep vehicles under license since the 1960s, the company started selling these vehicles directly in 2016.

The Jeep Grand Cherokee had upped the ante for full-sized SUVs in India. Continuing its impeccable design legacy, Jeep has set a new benchmark of luxury with the Grand Cherokee. It has a well-appointed cabin and seamless connectivity, making it an ideal choice for new-age car owners. Also, it is crafted to conquer all terrains with ease and style.

Once you buy a Jeep Grand Cherokee, you might want to take your car out for adventures and long drives. The SUV is bound to bring out the adventurer in you. However, before taking your car out on the road, purchase a car insurance policy with complete coverage.

While purchasing third-party liability insurance for four-wheelers in India is mandatory, these policies exclude damages to the insured vehicle. Hence, for different reasons, most people choose to buy a comprehensive car insurance policy that includes third-party liabilities and damages to the insured car.

Tata AIG offers third-party and comprehensive Jeep Grand Cherokee insurance policies to help you get optimal financial protection for your car, with the legacy of the Tata brand and an experience of over two decades of providing car insurance to people across the country. We have a high car insurance claim settlement ratio and efficient processes to offer the best services to car owners.

If you have purchased a Jeep Grand Cherokee and are looking to buy an insurance policy, then read on to find out how Tata AIG offers the best Jeep Grand Cherokee car insurance policy!

Jeep Grand Cherokee Car Insurance Renewal or Purchase via Tata AIG

We believe that the process of buying and renewing a car insurance policy should be simple and smooth. Hence, we have created a simple process to help you buy Jeep car insurance and renew a Tata AIG Jeep insurance policy with ease. Here is how you can buy/renew car insurance online from us:

  • Visit the Car Insurance page on our official website

  • Go through the features of our policy and the list of inclusions and exclusions carefully

  • To buy or renew the policy, provide the registration number of your car and click:

  • ‘Get Price’ for new purchases; or

  • ‘Renew’ for renewing an existing Tata AIG policy

  • Completely fill out the form displayed on the next page with details about your car and yourself

  • Select the Insured Declared Value, policy coverage and add-on covers based on your needs

  • If you already have a Tata AIG policy and want to renew it, then ensure you provide all the existing policy details with us. Avail of the No Claim Bonus if you haven’t filed a claim during the preceding policy term(s).

  • Pay the premium and receive the policy documents via email

  • At any stage, if you need any assistance, you can talk to our 24x7 customer support team through chat or a phone call.

Jeep Grand Cherokee Insurance Price - Your Premium Amount

The premium of a car insurance policy is a recurring cost. Hence, make sure that you check the Jeep Grand Cherokee insurance cost before signing the dotted line.

With Tata AIG, you can be assured of transparent pricing and upfront intimation of all costs. We also offer an easy-to-use online car insurance premium calculator for ease of premium calculation. Hence, you have a clear idea of the Jeep insurance cost before buying.

Here are the factors that affect the premium of a Jeep Grand Cherokee insurance policy:

Jeep Grand Cherokee third-party car insurance

Many car owners seek a third-party liability-only policy to meet the legal requirements. While a third-party policy covers third-party liabilities, any damage to your car or injury to you due to an accident is not covered.

The premium of 3rd-party policies is not determined by the insurance company. The Insurance Regulatory and Development Authority of India (IRDAI) annually releases a list of premium amounts based on the car's engine capacity (cc). These rates are standard across insurers.

Jeep Grand Cherokee comprehensive car insurance

The premium of a Tata AIG Jeep Grand Cherokee comprehensive car insurance policy is calculated using the following factors:

Insured Declared Value (IDV): The sum insured by the policy is its existing market value. This is known as the IDV of the car and the amount we reimburse if your car is totalled. If the IDV of a car is high, then its premium is high too.

The car’s model: A high-end car has a higher market value and repair cost, and the replacement parts are costly. Hence, the premium rates are higher for car insurance policies of such high-end cars.

The car’s age: As the car ages, its market value decreases, and so does its IDV and sum insured. This reduces the premium of the policy.

Location: If you drive your car through areas with poor road conditions where mishaps are common, then the premium for insurance policies of such cars is high. Hence, the location of your car plays a role in determining its premium.

Installation of safety devices: If you have installed safety devices like an anti-theft alarm, you can get a discount on premium as it makes your car less prone to theft. Similarly, other safety devices can get you a discount too.

Add-ons: The targeted protection offered by car insurance add-ons comes at an additional premium cost. The more add-os you choose, the higher the total premium outgo will be.

Add-Ons for Jeep Grand Cherokee Car Insurance by Tata AIG

When you opt for a comprehensive insurance policy, you can buy add-on covers to customise it per your specific needs. Tata AIG offers 12 add-on covers as detailed below:**

NCB Protection Cover: If you file a claim, you lose the NCB benefit. However, with this add-on, the No Claim Bonus (NCB) is safeguarded despite filing a predefined number of claims during the policy term.

Roadside Assistance Cover: When you are driving and meet with an accident rendering your car undrivable with no help, getting out of the situation can be difficult. With this add-on cover, you can get emergency breakdown assistance around the clock.

Repair of Glass Fiber and Plastic Parts Cover: Standard comprehensive car insurance policies do not cover the costs of repairing plastic and glass fibre parts. You must purchase this add-on if you want the policy to include these costs.

Daily Allowance Cover: If you have gone on a long trip and your car meets with an accident that requires extensive repairs, then you stand the risk of being stranded and having to spend for travelling to your desired destination. With this add-on, you can get compensation for travelling to your destination.

Emergency Transport and Hotel Expenses Cover: This add-on offers reimbursement of the expenses incurred for emergency transport if an accident damages your car and makes it unable to drive. It also includes overnight accommodation if needed.

Key Replacement Cover: Replacing a car key can be costly. With this add-on, you can get reimbursement for the cost of a duplicate key of your car if it is stolen or lost.

Engine Secure Cover: If your engine is damaged due to approved reasons, this add-on ensures that the policy includes the repair costs.

Tyre Secure Cover: If your car’s tyre or tube is damaged for approved reasons, this add-on extends the policy's coverage to include them.

Consumables Expenses Cover: Standard comprehensive car insurance policies do not cover the costs of consumables like engine oil, air conditioner gas, lubricants, etc. You must purchase this add-on if you want the policy to include these costs.

Loss of Personal Belongings Cover: If you lose your personal belongings in an accident, then this add-on offers coverage for the loss

Return to Invoice Cover: The policy offers reimbursement if your car is stolen or damaged beyond repair due to an accident. This is usually the IDV or the current market value of your car. With this add-on, you can get the car's on-road price as reimbursement, which is higher than the IDV.

Zero Depreciation Cover: We tend to factor in depreciation while calculating the claim amount in car insurance. With this add-on, you get the complete amount without any depreciation deduction.

Things Included and Not Included under Tata AIG Jeep Grand Cherokee Car Insurance Policy

Here is a list of things covered and not covered under a Jeep Grand Cherokee insurance policy:

Things Included under Tata AIG Jeep Grand Cherokee Insurance Things Not Included under Tata AIG Jeep Grand Cherokee Insurance
Third-Party Liability Cover: The policy covers all third-party liabilities arising from an accident or mishap caused by your car. This can include damage to a third-party person or property or compensation to a third party. Driving without a license: Driving without a valid license in India is illegal. Hence, if your car meets with an accident while driving without a license, you don’t get any coverage.
Accidental damage to the insured car: If your insured car suffers damages due to an accident or collision, then the policy offers coverage. Damages outside India: The coverage is limited to India. Hence, if your car gets damaged while driving outside India, you don’t get any coverage.
Damage to the insured car due to other factors: Your insured car also gets coverage for damages due to various other reasons like floods, earthquakes, lightning, riots, acts of terrorism, and fire. Driving under the influence: If your car meets with an accident while driving under the influence of alcohol or narcotics, the policy will not offer coverage.
Total Loss Protection: Total loss is when the car is stolen and declared untraceable or damaged beyond repair due to an accident. In such cases, the policy reimburses the car's current market value. Wear and tear: A car goes through wear and tear over time; the damages caused by such wear and tear are not covered under the policy.
Personal Accident Cover for the Owner-Driver: As law mandates, the policy includes a personal accident cover of ₹15 lakhs. This is paid if the insured car meets with an accident and results in disability, death, or causes major injuries to the owner-driver. Crash testing: If you use your car for crash testing or speed racing and it meets with an accident, then the policy does not offer coverage.

Why Is It Necessary to Have Tata AIG for Your Jeep Grand Cherokee Car Insurance?

Here are some factors that make Tata AIG the perfect car insurance partner for your Jeep Grand Cherokee:**

All-round protection: Our policies are designed to protect you financially against damages to your bike from a range of risks, including accidents, collisions, fires, theft, riots, earthquakes, acts of terrorism, floods, etc. We also provide coverage from third-party liabilities.

Efficient customer support: Our team of support specialists is available 24/7 to help you with any queries or assistance regarding your policy. Whether you are buying a policy, renewing one or filing a claim, all your queries can be directed to our support team at any time of the day or night.

We understand Indian insurance needs: Tata AIG has been offering car insurance services to Indian car owners for more than 20 years. Today, we service over 5 crore customers and are present in remote corners of India too. This, along with a team of insurance experts, has allowed us to understand the car insurance needs of Indian car owners, and we design our services to cater to those needs.

Your claims are our responsibility: We prioritise claim requests and ensure they are processed within timelines. If all the documents are in order, most of the claims are settled within the timelines. With 650+ claim experts nationwide, we have recorded a high claim settlement ratio of 99% in FY 22-23.

Jeep Grand Cherokee: A Brief Overview of the Car

Jeep launched the fifth generation of the Grand Cherokee in November 2022. This is one of the costliest SUV in India at an ex-showroom price of ₹77.5 lakh. It has a bold design and is loaded with technologies that are designed to ensure a memorable and comfortable journey.

In India, it is sold in a single variant with four shade options – Bright White, Diamond Black Crystal, Rocky Mountain, and Velvet Red. It is a 5-seater vehicle with a range of safety features for adventurous drives.

Jeep Grand Cherokee Car Variants and Prices

The Jeep Grand Cherokee is being offered in one variant only:

Variants On-road Pricing (ex-showroom New Delhi)
Jeep Grand Cherokee Limited O ₹80.50 lakh

Jeep Grand Cherokee Features: Unique Selling Points of the Car

The Jeep Grand Cherokee has several unique selling points, as described below:

Coming from the House of Jeep, the Grand Cherokee embodies the brand's legacy. It has the right balance between classic style and cutting-edge technologies.

With its 4X4 prowess, the Jeep Grand Cherokee is designed to rule on any terrain. It is loaded with different drive modes and has advanced suspension and traction systems to fulfil the desires of the adventurer in you

The interiors are designed using high-quality materials and provide ample space for a comfortable journey regardless of the terrain

For convenience, you get an intuitive infotainment system and connectivity options

Internationally, the Jeep Grand Cherokee has been recognized for its advanced safety features, performance, and the overall value it brings to vehicle owners

Top Competitors of the Jeep Grand Cherokee

Jaguar F-Pace

Mercedes-Benz GLC

BMW X3 M40i

Audi Q7

Mercedes-Benz GLE

Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

Related Articles

Is a Jeep Grand Cherokee expensive to maintain?

Is a Jeep Grand Cherokee expensive to maintain?

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The Jeep Grand Cherokee is relatively new in the Indian market. Internationally, the vehicle is believed to have a maintenance cost that is slightly above average in its segment.

Is the Jeep Grand Cherokee a premium car?

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The Jeep Grand Cherokee is more than a regular SUV. It is an excellent combination of off-roading capabilities and luxury. Being one of the costliest SUVs in the country, it can be considered a premium car.

What is the cost of a Jeep Grand Cherokee?

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The Jeep Grand Cherokee is available in India at an ex-showroom price starting at ₹80.50 lakhs.

Is Grand Cherokee a good vehicle to buy?

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Competing with the likes of the BMW X5 and Audi Q7, the Jeep Grand Cherokee is not just a city SUV. It is designed for adventure and off-roading. With 4X4 capabilities, this is a sturdy and luxurious SUV that can take you wherever you want to go.

Disclaimer: All the prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.

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