Cheaper 2001 Jaguar XJ-Series Insurance Rates

Searching for lower auto insurance rates for your Jaguar XJ-Series? Are you confused by the sheer number of auto insurance choices? Lot’s of other consumers are too. There are so many options available that it can quickly become more work than you anticipated to find the best price.

Take advantage of discounts

Car insurance companies don’t list all available discounts in an easy-to-find place, so here is a list some of the best known and the more hidden discounts you could be receiving.

  • Employee of Federal Government – Being employed by or retired from a federal job can earn a discount up to 10% for XJ-Series coverage depending on your company.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Own a Home – Simply owning a home may trigger a insurance policy discount because of the fact that having a home is proof that your finances are in order.
  • Senior Citizens – If you qualify as a senior citizen, you may be able to get a discount up to 10% for XJ-Series coverage.
  • Resident Student – Youth drivers who are attending college and do not have a car may qualify for this discount.
  • Accident Free – Drivers who don’t have accidents can save substantially when compared with drivers who are more careless.
  • No Charge for an Accident – A few companies permit an accident before raising your premiums as long as you don’t have any claims prior to the accident.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less for XJ-Series coverage than their less cautious counterparts.
  • New Car Discount – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.

It’s important to note that most of the big mark downs will not be given to the entire cost. Some only apply to specific coverage prices like liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck.

A partial list of companies who might offer these discounts are:

It’s a good idea to ask every prospective company how you can save money. Some discounts may not apply in your state.

Compare Car Insurance Costs

Comparing car insurance rates can take time and effort if you aren’t aware of the most efficient way to do it. You could spend your day talking about coverages with local insurance agents in your area, or you could use the internet to accomplish the same thing much quicker.

All the larger companies belong to an insurance system where insurance shoppers enter their policy data once, and every company returns a competitive quote for coverage. This eliminates the need for quote requests to each individual car insurance company. To participate in this free quote system, click here to start a free quote.

The one disadvantage to getting quotes like this is that consumers can’t choose which providers you want to price. So if you prefer to pick specific providers to compare prices, we have a page of the cheapest car insurance companies in your area. Click here to view list.

Which method you use is up to you, but be sure to compare apples-to-apples coverage limits and deductibles on every quote you get. If you enter unequal deductibles or liability limits you can’t possibly truly determine the lowest rate. Just a small difference in limits can mean a large discrepancy in price. Just remember that getting more free quotes gives you a better chance of getting a better price.

Impacting insurance rates for a Jaguar XJ-Series

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for insurance. Knowing what impacts premium levels allows you to make educated decisions that can help you get better insurance rates.

  • Bad driving skills means higher rates – Only having one ticket can boost insurance rates by as much as thirty percent. Careful drivers receive lower rates than bad drivers. Drivers with serious tickets such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.
  • Always keep insurance in force – Not having insurance is against the law and insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, but not being able to provide proof of insurance can result in a revoked license or a big fine.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings are cheaper to insure. Safer cars have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Jaguar XJ-Series is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Little extras can really add up – There are a lot of extra bells and whistles you can purchase if you aren’t careful. Coverages for vanishing deductibles, better glass coverage and motor club memberships are examples of these. These may sound like a good investment at first, but if you don’t need them eliminate them to save money.
  • Credit scores impact insurance rates – A driver’s credit rating is a huge factor in calculating your insurance rates. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers who have lower credit scores. Therefore, if your credit score can use some improvement, you could pay less to insure your 2001 Jaguar XJ-Series by improving your credit score.
  • High numbers of claims are not good – If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Insurance companies provide better rates to drivers who are claim-free. Car insurance is intended for major claims that would cause financial hardship.

How to know if you need help

When it comes to buying the right insurance coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining whether your personal situation would benefit from professional advice.

  • Can I drive in Mexico and have coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Do I need higher collision deductibles?
  • Is my dog or cat covered if injured in an accident?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need replacement cost coverage?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form.

Save $471 a year? Really?

Auto insurance companies such as Allstate and Progressive continually stream television and radio advertisements. They all seem to make the same claim about savings after switching your coverage to them. How does each company say the same thing? It’s all in the numbers.

Insurance companies have a certain “appetite” for the right customer that earns them a profit. For example, a driver they prefer could be a mature driver, has no driving citations, and has a short commute. A driver that hits that “sweet spot” will get very good rates and is almost guaranteed to save when they switch companies.

Potential insureds who do not match these standards will be charged a higher premium which usually ends up with the customer not buying. The ads state “customers that switch” not “everyone that quotes” save money. That’s why companies can truthfully claim big savings. That is why you absolutely need to get a wide range of price quotes. You cannot predict which company will give you the biggest savings on Jaguar XJ-Series insurance.

Car insurance coverage information

Understanding the coverages of your policy can help you determine appropriate coverage for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Jaguar XJ-Series.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverage – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like falling objects, hitting a bird and theft. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance provide coverage for bills for EMT expenses, pain medications, ambulance fees and dental work. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Liability insurance – Liability insurance can cover damage or injury you incur to other people or property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability can pay for claims like attorney fees, loss of income, bail bonds and medical expenses. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as sideswiping another vehicle, rolling your car, hitting a parking meter, scraping a guard rail and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Don’t be a big spender

Insureds leave their current company for a variety of reasons including delays in responding to claim requests, poor customer service, lack of trust in their agent and even high rates after DUI convictions. Regardless of your reason, finding the right car insurance provider is pretty easy and you might even save some money in the process.

The cheapest 2001 Jaguar XJ-Series insurance can be sourced from both online companies and also from your neighborhood agents, so you should compare both to have the best selection. Some insurance companies may not provide online price quotes and these smaller companies work with independent agents.

We just covered some good ideas how to save on insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding lower rates. Drivers may discover the most savings is with a small mutual company.

Other articles