2006 Jaguar XJ-Series Insurance Rates – 9 Policy Discounts

Wish you could get a refund on an expensive car insurance policy? You’re preaching to the choir because there are many drivers thinking the same thing.

You have so many car insurance companies to buy insurance from, and though it is a good thing to be able to choose, it makes it harder to find the lowest rates.

Buying affordable insurance is quite easy. Essentially everyone who carries insurance will most likely be able to reduce their rates. Nevertheless, consumers must understand the way companies determine prices because it can help you find the best coverage.

Where can I get the cheapest insurance?

Performing a rate comparison can be challenging if you don’t understand the best way to get rate quotes. You can waste a few hours (or days) driving to insurance companies in your area, or you could save time and use the web to quickly compare rates.

Many of the larger companies take part in a program that allows shoppers to complete one form, and each company then gives them pricing based on that information. This saves time by eliminating repetitive form submissions for every insurance company.

To participate in this free quote system, click to open in new window.

One minor caviat to using this type of system is that you can’t choose which carriers you want to price. If you would rather choose from a list of companies to compare rates, we have a listing of insurance companies in your area. Click to view list.

Compare rates however you want, just be sure you’re using exactly the same quote data with every price quote. If you have differing limits it will be next to impossible to make an equal comparison. Quoting even small variations in insurance coverages can result in a big premium difference. Just remember that comparing more rates from different companies will increase your chances of finding a better price.

You may qualify for discounts

Insurance can cost an arm and a leg, but you might find some hidden discounts that can drop the cost substantially. A few discounts will be applied when you purchase, but some need to be requested specifically prior to receiving the credit.

• Drivers Education – Require your teen driver to sucessfully take a drivers education course if offered at their school.
• Drive Safe and Save – Safe drivers may save up to 50% more for XJ-Series insurance than drivers with accidents.
• Paperwork-free – A few larger online companies will provide an incentive for buying your policy over the internet.
• Claim Free – Drivers who don’t have accidents can earn big discounts compared to policyholders that have many claims.
• Theft Prevention System – Cars equipped with anti-theft or alarm systems can help prevent theft and will qualify for a discount on a car insurance quote.
• Air Bag Discount – Options like air bags or motorized seat belts can receive discounts up to 30%.
• Braking Control Discount – Cars, trucks, and SUVs that have anti-lock braking systems prevent accidents and the ABS can save up to 10%.
• Active Service Discounts – Having an actively deployed family member could qualify you for better car insurance rates.
• Home Ownership Discount – Owning a house can save you money because it requires a higher level of personal finance.

You should keep in mind that most credits do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comp or med pay. So when it seems like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

If you would like to view providers that have a full spectrum of discounts, click this link.

There’s no such thing as the perfect insurance policy

When it comes to choosing the right insurance coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions could help you determine whether or not you would benefit from professional advice.

• Is borrowed equipment or tools covered if stolen or damaged?
• Am I covered when driving a rental car?
• Do I need more liability coverage?
• Is pleasure use cheaper than using my 2006 Jaguar XJ-Series to commute?
• Can I afford to buy a different vehicle if my 2006 Jaguar XJ-Series is totaled?
• What is no-fault insurance?
• How many claims can I have before being cancelled?
• Do I need special endorsements for business use of my vehicle?
• Is my nanny covered when driving my vehicle?
• Is business property covered if stolen from my car?

If you don’t know the answers to these questions, 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 insurance companies in your area.

Car insurance policy specifics

Understanding the coverages of car insurance can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the normal coverages offered by car insurance companies.

Comprehensive or Other Than Collision – This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from flooding, theft and hitting a bird. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Jaguar XJ-Series.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Auto liability insurance – This will cover damages or injuries you inflict on other people or property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that translate to 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. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like legal defense fees, attorney fees and loss of income. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for expenses such as prosthetic devices, pain medications and ambulance fees. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Collision – This will pay to fix damage to your XJ-Series caused by collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like driving through your garage door, colliding with a tree, sideswiping another vehicle, colliding with another moving vehicle and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.