Compare 1994 Jaguar XJ-Series Insurance Cost

Trying to find the cheapest auto insurance rates? Buyers have many options when searching for the best price on Jaguar XJ-Series insurance. They can either spend hours calling around to get rate comparisons or utilize the internet to get rate quotes. There is a better way to buy auto insurance so we’re going to tell you the proper way to price shop coverage for a Jaguar and obtain the lowest price from local insurance agents and online providers.

Cut your premium with discounts

Companies do not advertise every discount in a way that’s easy to find, so we took the time to find both well-publicized and the harder-to-find insurance savings. If you aren’t receiving every discount available, you are paying more than you should be.

  • Passive Restraints – Cars that have air bags or automatic seat belts can get savings of more than 20%.
  • Accident Free – Drivers with accident-free driving histories pay less when compared with drivers who are more careless.
  • Homeowners Discount – Owning a home can help you save on insurance because of the fact that having a home demonstrates responsibility.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
  • No Charge for an Accident – A few companies will forgive one accident before your rates go up so long as you haven’t had any claims for a certain period of time.
  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply until age 25.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, insurance companies aren’t that generous.

For a list of insurance companies offering insurance discounts, follow this link.

Why your Jaguar XJ-Series insurance rates may be high

Smart consumers have a good feel for the different types of things that go into determining auto insurance rates. Understanding what impacts premium levels helps enable you to make changes that can help you get lower auto insurance prices.

Listed below are some of the factors that factor into your rates.

  • Your credit rating is important – A driver’s credit score is a important factor in determining what you pay for auto insurance. Consumers who have good credit tend to be less risk to insure than drivers who have lower credit scores. Therefore, if your credit history is low, you could save money insuring your 1994 Jaguar XJ-Series by spending a little time repairing your credit.
  • Better crash test results mean better rates – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles protect occupants better and fewer injuries means lower claim amounts passed on to you as lower rates. If your Jaguar XJ-Series scored better than four stars on or an “acceptable” rating on it may be receiving lower rates.
  • Discounts for multiple policies – The majority of companies give discounts to policyholders who buy several policies from them, otherwise known as a multi-policy discount. Even with this discount, you may still want to shop around to ensure the best deal.
  • Having a spouse can save you money – Having a wife or husband actually saves money on your policy. Having a significant other means you’re more mature and statistics show drivers who are married are more cautious.
  • Older drivers pay less – Mature drivers are viewed as being more responsible, tend to cause fewer accidents and are safer drivers. Teen drivers are statistically proven to get distracted easily in a vehicle therefore auto insurance rates are much higher.
  • Extra add-on coverages are wasting money – There are quite a few extra bells and whistles that can waste your money when buying auto insurance. Coverages for vanishing deductibles, accident forgiveness and term life insurance are some examples. These coverages may sound good initially, but if they’re wasting money eliminate them to save money.
  • Lower deductibles cost more – Deductibles for physical damage define the amount you are willing to pay before a claim is paid by your company. Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims are running into the backend of another car, collision with an animal, and rolling your vehicle. The more you have to pay, the less your auto insurance will be on XJ-Series coverage.
  • Lower rates with optional equipment – Purchasing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.

What is the best insurance coverage?

When choosing coverage, there really is no “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that may help highlight if your insurance needs would benefit from professional advice.

  • When would I need additional glass coverage?
  • Does coverage extend to my business vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Where can I find high-risk insurance?
  • Does my policy cover my teen driver if they drive my company car?
  • What is the difference between comprehensive and collision coverage?
  • Exactly who is provided coverage by my policy?
  • Do I need more liability coverage?
  • Is my cargo covered for damage or theft?
  • Are my friends covered when driving my car?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

Insurance coverage specifics

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Jaguar XJ-Series.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Comprehensive protection

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as rock chips in glass, damage from a tornado or hurricane, a tree branch falling on your vehicle and falling objects. The most your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as chiropractic care, doctor visits, X-ray expenses and nursing services. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Coverage for liability

Liability coverage provides protection from injuries or damage you cause to people or other property. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as loss of income, legal defense fees, repair bills for other people’s vehicles, pain and suffering and medical expenses. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Collision protection

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as driving through your garage door, sideswiping another vehicle, rolling your car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Knowledge is power

When you buy insurance online, it’s very important that you do not buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced comprehensive coverage or liability limits and learned later that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy a smart amount of coverage at a price you can afford while still protecting your assets.

Discount 1994 Jaguar XJ-Series insurance is attainable both online in addition to many insurance agents, and you need to price shop both in order to have the best price selection to choose from. A few companies do not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

Insureds change insurance companies for many reasons like lack of trust in their agent, delays in paying claims, delays in responding to claim requests or an unsatisfactory settlement offer. It doesn’t matter what your reason, finding a new company can be easy and end up saving you some money.

Helpful resources