Lower Your 1997 Jaguar XJR Insurance Rates

Searching for better insurance prices for your Jaguar XJR can turn out to be a painful process, but you can use a few tricks to find lower rates.

There is a better way to shop for auto insurance so we’re going to tell you the quickest way to get price quotes for a new or used Jaguar and find the best price possible from local insurance agents and online providers.

You should take the time to compare prices every six months since rates are rarely the same from one policy term to another. If you had the lowest price for XJR insurance a year ago you will most likely find a better rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn how to use online quotes to buy cheaper auto insurance.

Buying affordable coverage is not that difficult. If you have a current insurance coverage policy or are looking for a new policy, you can use this information to get lower rates while maximizing coverage. Drivers just need to learn the most effective way to get comparison quotes over the internet.

Quick Car Insurance Quotes

Shopping for lower car insurance rates can take time and effort if you aren’t aware of the easiest way. You can waste hours talking to agents in your area, or you can utilize the web to get prices fast.

Most car insurance companies are enrolled in a marketplace that enables customers to send in one quote, and every company provides a quote. This system prevents you from having to do repetitive form submissions to each individual car insurance company.

To find out how much you’re overpaying now click here to open in new window.

The only downside to comparing rates this way is buyers cannot specifically choose the insurers to get pricing from. So if you prefer to pick individual companies to receive pricing from, we have a listing of companies who write car insurance in your area. View list of insurance companies.

Whichever method you choose, make sure you use apples-to-apples coverage limits and deductibles on every quote. If you are comparing different deductibles then you won’t be able to make an equal comparison.

How to save on 1997 Jaguar XJR insurance

Car insurance is not cheap, but you may find discounts to help offset the cost. Some trigger automatically when you purchase, but less common discounts must be asked for prior to receiving the credit. If you don’t get every credit possible, you’re paying more than you need to.

  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Early Switch Discount – Some insurance companies reward drivers for buying a policy prior to your current policy expiration. It’s a savings of about 10%.
  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can reduce accidents and qualify for as much as a 10% discount.
  • Pay Now and Pay Less – By paying your policy upfront instead of paying each month you could save 5% or more.
  • Save with a New Car – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Life Insurance Discount – Some companies give better rates if you take out a life insurance policy as well.

It’s important to understand that most discount credits are not given to the overall cost of the policy. Most only reduce the cost of specific coverages such as medical payments or collision. So even though they make it sound like adding up those discounts means a free policy, companies wouldn’t make money that way. But any discount will reduce the amount you have to pay.

Car insurance companies that may offer these money-saving discounts include:

Double check with all companies you are considering what discounts are available to you. Savings might not be offered in every state.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is unique.

Here are some questions about coverages that may help you determine whether you might need an agent’s assistance.

  • Does my policy pay for OEM or aftermarket parts?
  • What should my uninsured motorist coverage limits be in my state?
  • Do I have coverage when using my vehicle for my home business?
  • What is no-fault insurance?
  • Am I covered if I hit my neighbor’s mailbox?
  • Where can I find high-risk insurance?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need to file an SR-22 for a DUI in my state?
  • Should I sign the liability waiver when renting a car?

If you’re not sure about those questions but a few of them apply, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Complexity of Jaguar XJR insurance rates

Consumers need to have an understanding of the rating factors that play a part in calculating insurance coverage rates. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to lower insurance coverage prices.

  • Younger drivers pay higher rates – Mature drivers tend to be more responsible, tend to file fewer claims and are safer drivers. Young drivers have a tendency to get distracted easily in a vehicle therefore insurance coverage rates are much higher.
  • Better credit means lower rates – A driver’s credit score is a important factor in determining what you pay for insurance coverage. So if your credit history is lower than you’d like, you could pay less to insure your 1997 Jaguar XJR by improving your rating. Consumers who have high credit scores tend to be less risk to insure than drivers who have poor credit.
  • Bundling policies can get discounts – The majority of insurance coverage companies provide better rates to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal.
  • Never let your coverage lapse – Driving without insurance is a misdemeanor and insurance coverage companies will penalize you for letting your insurance expire. And not only will your rates increase, but being ticketed for driving with no insurance will get you a hefty fine and possibly a revoked license.You may need to prove you have insurance by filing a SR-22 with your state DMV.
  • Drive less and save money – The higher the mileage driven in a year the more you will pay for insurance coverage. Most insurance companies price each vehicle’s coverage based on their usage. Cars and trucks used primarily for pleasure use get more affordable rates than those used for commuting. An improperly rated XJR can result in significantly higher rates. Double check that your insurance coverage declarations sheet is showing the correct usage for each vehicle.

Insurance coverage basics

Knowing the specifics of your policy aids in choosing appropriate coverage for your vehicles. Insurance terms can be confusing and coverage can change by endorsement.

Medical costs insurance – Medical payments and Personal Injury Protection insurance pay for bills like chiropractic care, prosthetic devices, ambulance fees and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Jaguar XJR.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually these limits are set the same as your liablity limits.

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

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

Liability coverage protects against claims like medical expenses, repair bills for other people’s vehicles, bail bonds, funeral expenses and structural damage. 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 will pay to fix damage to your XJR resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like colliding with a tree, crashing into a building, damaging your car on a curb and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as hitting a bird, a tree branch falling on your vehicle, vandalism, fire damage and damage from flooding. The maximum amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

What is YOUR best insurance company?

Consumers who switch companies do it for a variety of reasons including extreme rates for teen drivers, lack of trust in their agent, questionable increases in premium and even high rates after DUI convictions. Regardless of your reason for switching companies, finding the right insurance coverage provider is pretty easy and you might even save some money in the process.

In this article, we presented a lot of ways to reduce 1997 Jaguar XJR insurance prices online. The key thing to remember is the more providers you compare, the better your comparison will be. Consumers may even find the biggest savings come from a small local company.

When buying insurance coverage, it’s very important that you do not reduce needed coverages to save money. In too many instances, someone sacrificed full coverage to discover at claim time they didn’t purchase enough coverage. Your goal should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

More detailed insurance coverage information is located by following these links: