How Much Does 2015 Jaguar XJ Insurance Cost?

Having to pay for overpriced auto insurance can empty your personal savings, especially in this economy. Comparing price quotes is a smart way to make sure you’re not throwing money away.

Big-name insurance companies like Allstate and Progressive continually hit you with ad campaigns and it can be hard to not get sucked in by the cute commercials and take the time to shop coverage around.

How to Lower Your Insurance Coverage Cost

There are several ways to compare rate quotes from insurance coverage companies in your area. The recommended way to compare 2015 Jaguar XJ insurance prices involves getting comparison quotes online. This can be accomplished in several different ways.

  1. The fastest way to find low rates would be an industry-wide quote request form (click to open form in new window). This method saves time by eliminating boring form submissions to each individual insurance coverage company. In just a few minutes this one form gets you price quotes from multiple low-cost companies.
  2. A more time consuming way to obtain and compare quotes online consists of going to each company website to complete a price quote. For examples sake, let’s say you want rates from Auto-Owners, Farmers and State Farm. To find out each rate you need to go to every website and enter your policy data, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  3. The hardest way to compare rates is to spend your day driving to local insurance agencies. The internet can eliminate the need for a local agent unless you require the personal advice that only a license agent can provide. You can, however, price shop your coverage online and get advice from an agent in your area and we’ll talk about that later.

It’s up to you which method you use, but be sure to compare the exact same deductibles and coverage limits for every quote you compare. If you compare unequal deductibles or liability limits you can’t possibly determine the lowest rate for your Jaguar XJ. Quoting even small variations in limits can result in a big premium difference. Just keep in mind that getting more free quotes helps you find a better price.

Factors that might impact rates for a Jaguar XJ

Smart consumers have a good feel for the different types of things that play a part in calculating the rates you pay for insurance coverage. Understanding what influences your rates allows you to make educated decisions that could result in much lower annual insurance costs.

Shown below are a partial list of the pieces companies use to determine premiums.

  • Adjust deductibles and save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Jaguar from damage. Some instances where coverage would apply are a windshield shattered by a rock, vandalism, or theft. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket in the event of a claim. The more money you are required to pay out-of-pocket, the bigger discount you will receive for XJ coverage.
  • Equipment add-ons that lower insurance coverage rates – Owning a car with a theft deterrent system can help lower your rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
  • Marriage pays dividends – Being married can get you a discount on insurance coverage. Having a significant other is viewed as being more mature than a single person and statistics show married couples file fewer claims.
  • Better credit scores mean better rates – Having a bad credit history is a huge factor in determining what you pay for insurance coverage. If your credit score is not that good, you could save money insuring your 2015 Jaguar XJ by repairing your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with lower credit scores.

Pay less by taking advantage of discounts

The cost of insuring your cars can be expensive, but you can get discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of purchase, but less common discounts must be asked for before you will receive the discount.

  • Memberships – Belonging to a civic or occupational organization could qualify you for a break when buying insurance for XJ coverage.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less for XJ coverage than less cautious drivers.
  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • 55 and Retired – If you’re over the age of 55, you can possibly qualify for a discount up to 10% for XJ coverage.
  • Sign Online – Some insurance companies will give a small break for buying your policy online.
  • New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
  • Student in College – Youth drivers living away from home attending college without a vehicle on campus can be insured at a reduced rate.

Consumers should know that most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like medical payments or collision. Just because it seems like you would end up receiving a 100% discount, insurance companies aren’t that generous. Any amount of discount will bring down your premiums.

Insurance companies that possibly offer these money-saving discounts are:

Check with all companies you are considering what discounts are available to you. Discounts might not be offered everywhere.

Your coverage should be tailored to you

When buying coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that may help you determine whether your personal situation could use an agent’s help.

  • Does my 2015 Jaguar XJ qualify for pleasure use?
  • Can my babysitter drive my car?
  • How high should deductibles be on a 2015 Jaguar XJ?
  • Do I need to file an SR-22 for a DUI in my state?
  • What vehicles should carry emergency assistance coverage?
  • Exactly who is provided coverage by my policy?
  • Am I covered if hit by an uninsured driver?
  • Do I have coverage when making deliveries for my home business?
  • Should I file a claim if it’s only slightly more than my deductible?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.

Learn about auto insurance coverages for a Jaguar XJ

Understanding the coverages of your auto insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the normal coverages found on the average auto insurance policy.

Comprehensive coverage (or Other than Collision)

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as theft, a tree branch falling on your vehicle and vandalism. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Jaguar XJ.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Normally these coverages do not exceed the liability coverage limits.

Auto liability

Liability coverage provides protection from damages or injuries you inflict on a person or their property. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as structural damage, repair costs for stationary objects, funeral expenses, loss of income and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Auto collision coverage

Collision insurance covers damage to your XJ resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, backing into a parked car, hitting a mailbox and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like pain medications, rehabilitation expenses, ambulance fees, funeral costs and prosthetic devices. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

More choices the merrier

While you’re price shopping online, don’t be tempted to skimp on coverage in order to save money. There are many occasions where someone dropped collision coverage and discovered at claim time that it was a big error on their part. The aim is to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

Budget-conscious 2015 Jaguar XJ insurance can be sourced on the web and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. Some auto insurance companies do not offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

We just presented quite a bit of information on how to save on insurance. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the lowest priced auto insurance comes from a smaller regional carrier. These companies can often insure niche markets at a lower cost than their larger competitors like Progressive and Geico.

More detailed auto insurance information can be found in the articles below: