1999 Jaguar XJR Car Insurance Cost

Looking for the cheapest auto insurance rates? Shoppers have lots of choices when shopping for the best price on Jaguar XJR insurance. You can either waste hours calling around getting price quotes or save time using the internet to compare rates.

There is a better way to buy auto insurance and we’ll show you the proper way to price shop coverage on a Jaguar and locate the cheapest rates from local insurance agents and online providers.

The purpose of this article is to let you in on how car insurance quotes work and some money-saving tips. If you have car insurance now, you will most likely be able to lower your premiums substantially using these techniques. Drivers just need to understand the best way to shop for insurance coverage online.

These discounts can slash car insurance rates

Insurance can be prohibitively expensive, but there could be available discounts to cut the cost considerably. Certain discounts will be applied at quote time, but less common discounts must be inquired about in order for you to get them. If you’re not getting every credit you deserve, you’re paying more than you need to.

  • Sign Early and Save – Some companies give discounts for buying a policy before your current expiration date. It can save you around 10%.
  • Discount for Life Insurance – Larger companies have lower rates if you buy life insurance.
  • Passive Restraints – Factory air bags can receive discounts of 20% or more.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
  • Memberships – Participating in certain professional organizations could qualify you for a break on your policy for XJR insurance.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off your medical payments premium.
  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education if it’s offered in school.
  • One Accident Forgiven – Some insurance companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for better rates on cars that stay parked.

It’s important to note that most discount credits are not given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way. Any qualifying discounts will bring down your overall premium however.

Car insurance companies who might offer these discounts include:

Before buying, ask all companies you are considering what discounts are available to you. All car insurance discounts may not apply in every state.

Why your Jaguar XJR insurance rates may be high

It’s important that you understand some of the elements that go into determining insurance rates. When you know what positively or negatively determines base rates allows you to make educated decisions that can help you get big savings.

Listed below are some of the factors companies use to determine your rates.

  • Discounts for married couples – Having a wife or husband actually saves money on your policy. It is viewed as being more mature and responsible and it’s proven that married couples file fewer claims.
  • Better credit means lower rates – Credit score is a huge factor in calculating your insurance rates. Therefore, if your credit score is lower than you’d like, you could pay less to insure your 1999 Jaguar XJR by repairing your credit. Consumers who have high credit ratings tend to be less risk to insure than those with poor credit.
  • Where you live can impact rates – Residing in a rural area has it’s advantages when talking about insurance. City drivers have to deal with congested traffic and longer commutes to work. Fewer drivers means fewer accidents as well as less vandalism and auto theft.
  • Proper usage rating affects rates – Driving more miles in a year’s time the higher your rate. Most insurance companies rate vehicles based on their usage. Vehicles left parked in the garage get more affordable rates compared to those used for work or business. Make sure your insurance coverage shows the proper vehicle usage. If your policy improperly rates your XJR can result in significantly higher rates.
  • Men are more aggressive – The statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are worse drivers. Men and women tend to get into accidents in similar percentages, but the male of the species cause more damage. Men also tend to get more serious tickets like DUI and reckless driving. Young males tend to get in the most accidents and thus pay the highest rates.

When might I need the advice of an agent?

When choosing the best car insurance coverage for your personal vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions might point out whether or not you will benefit from professional help.

  • Should I have a commercial auto policy?
  • Is a fancy paint job covered?
  • Do I pay less for low miles?
  • Should I have combined single limit or split liability limits?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What happens if I owe more than my 1999 Jaguar XJR is worth?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

Auto insurance coverages

Having a good grasp of your policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Liability coverages

Liability coverage can cover damage or injury you incur to a person or their property in an accident. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like repair costs for stationary objects, legal defense fees, court costs, medical services and attorney fees. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Jaguar XJR.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive protection

This pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as falling objects, hitting a bird and fire damage. The highest amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

This coverage pays for damage to your XJR resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like damaging your car on a curb, sideswiping another vehicle, crashing into a ditch, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like ambulance fees, pain medications, dental work, funeral costs and prosthetic devices. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

A penny saved is a penny earned

You just learned many ideas to lower your 1999 Jaguar XJR insurance rates. The key concept to understand is the more you quote, the better your comparison will be. Consumers may even find the best prices are with a smaller regional carrier.

People who switch companies do it for a variety of reasons including lack of trust in their agent, extreme rates for teen drivers, questionable increases in premium or even policy non-renewal. Regardless of your reason, switching car insurance companies is not as hard as you think.

When trying to cut insurance costs, you should never buy less coverage just to save a little money. There are many occasions where an insured cut full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to find the BEST coverage at an affordable rate, not the least amount of coverage.

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