2014 Jaguar XK Insurance Quotes – 10 Tips for Cheaper Rates

Trying to find the cheapest auto insurance rates for your Jaguar XK? Searching for the cheapest insurance for a Jaguar XK could be an all-consuming task, but you can follow our auto insurance buying tips to find lower rates.

There is a right way and a wrong way to find auto insurance online so we’re going to tell you the best way to price shop coverage for your Jaguar and get the best price possible.

It’s a good idea to do price comparisons every six months because auto insurance rates change regularly. Just because you found the best rate on XK insurance on your last policy there is a good chance you can find better prices now. Forget anything you know (or think you know) about auto insurance because you’re about to find out how to use the internet to find better coverage at a better price.

Finding auto insurance

Finding more affordable auto insurance quotes is not a difficult process. Just take a couple of minutes comparing free insurance coverage quotes online with multiple companies. It is quite easy and can be accomplished by following the guidelines below.

The single most time-saving way to get quotes would be an industry-wide quote request form click here to open form in new window. This type of form keeps you from doing a different quote for every company. Filling out one form will get you rate comparisons from many national carriers. This is by far the quickest method.

A more difficult way to obtain and compare quotes online is spending the time to visit the website of each company and request a quote. For example, let’s say you want to see prices from Liberty Mutual, Farmers and Travelers. You would need to go to each individual site and type in your information over and over, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

You can use whichever method you prefer to find lower rates, just make sure you are using the exact same information for each comparison quote. If each company quotes different deductibles it will be impossible to truly determine the lowest rate.

These ten discounts can lower your insurance coverage rates

Properly insuring your vehicles can get expensive, but there could be available discounts that many consumers don’t even know exist. Certain discounts will be triggered automatically when you purchase, but less common discounts must be asked about before being credited.

  • Discounts for Government Workers – Having worked for a branch of the government can save as much as 8% on XK insurance with select insurance companies.
  • Seat Belts Save more than Lives – Forcing all vehicle occupants to wear their seat belts may be able to save a few bucks off PIP or medical payments premium.
  • Professional Memberships – Joining qualifying clubs or civic groups is a good way to get lower rates on your bill.
  • Driver’s Ed – Reduce the cost of insurance for teen drivers by having them complete a driver education course if offered at their school.
  • New Vehicle Savings – Insuring a vehicle that is new can be considerably cheaper because newer vehicles are generally safer.
  • Early Renewal Discounts – A few insurance coverage companies offer discounts for buying a new policy before your current expiration date. It could save around 10% when you buy insurance coverage online.
  • E-sign Discounts – A handful of companies will give you a small discount for buying your policy on their website.
  • One Accident Forgiven – Not a discount per se, but some insurance companies allow you one accident without getting socked with a rate hike so long as you are claim-free before the accident.
  • Driving Data Discount – Insureds who allow companies to analyze vehicle usage by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction if they exhibit good driving behavior.
  • Active Military Service – Being on active deployment in the military could be rewarded with lower prices.

You can save money using discounts, but most of the big mark downs will not be given to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. Even though the math looks like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

A few of the larger companies and the discounts they provide are outlined below.

  • Farmers Insurance may offer discounts for alternative fuel, mature driver, homeowner, early shopping, electronic funds transfer, good student, and youthful driver.
  • Esurance includes discounts for multi-car, good student, homeowner, Pac-12 alumni, and online quote.
  • State Farm offers discounts for defensive driving training, good driver, passive restraint, multiple autos, Drive Safe & Save, and Steer Clear safe driver discount.
  • GEICO offers premium reductions for multi-policy, anti-theft, daytime running lights, air bags, defensive driver, driver training, and seat belt use.
  • Allstate has discounts for early signing, 55 and retired, EZ pay plan discount, economy car, teenSMART discount, farm vehicle, and safe driver.

Before you buy a policy, ask all the companies which discounts you may be entitled to. Some discounts might not be offered in your area.

Different people need different car insurance coverages

When it comes to buying the right insurance coverage for your vehicles, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Am I covered when using my vehicle for business?
  • Should I bundle my homeowners policy with my auto?
  • Is upholstery damage covered by car insurance?
  • Are my friends covered when driving my car?
  • Am I covered if I wreck a rental car?
  • What are the financial responsibility laws in my state?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Parts of your auto insurance policy

Knowing the specifics of a auto insurance policy aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Coverage for liability

Liability coverage will cover damage or injury you incur to other’s property or people. 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 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 which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things such as loss of income, medical services and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive auto insurance

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like hitting a bird, damage from a tornado or hurricane, hitting a deer, fire damage and falling objects. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for expenses like pain medications, prosthetic devices and funeral costs. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Jaguar XK.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.

Collision coverage

This covers damage to your XK resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like rolling your car, scraping a guard rail and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

A penny saved is a penny earned

In this article, we presented a lot of ways to get a better price on 2014 Jaguar XK insurance. The key thing to remember is the more you quote insurance coverage, the better your chances of lowering your auto insurance rates. Consumers could even find that the lowest priced car insurance comes from some of the lesser-known companies.

As you restructure your insurance plan, it’s not a good idea to reduce coverage to reduce premium. In many instances, an accident victim reduced uninsured motorist or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to purchase plenty of coverage for the lowest cost but still have enough coverage for asset protection.

Drivers leave their current company for any number of reasons including policy cancellation, policy non-renewal, delays in responding to claim requests and even questionable increases in premium. Regardless of your reason, finding a great new company is easier than you think.

Helpful articles