Lower Your 2000 Jaguar XK-Series Car Insurance Rates

Trying to find better insurance rates for your Jaguar XK-Series? Searching for better insurance prices for a Jaguar XK-Series could be a painful process, but you can follow a few tricks to save time.

There is a right way and a wrong way to compare insurance rates so we’re going to tell you the proper way to get price quotes for a new or used Jaguar and get the lowest possible price.

Smart consumers take time to take a look at other company’s rates once or twice a year since rates change quite often. If you had the lowest price for XK-Series insurance a year ago there may be better deals available now. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to one of the best ways to find the best coverage while lowering your premiums.

These factors can influence what you pay for Jaguar XK-Series insurance

An important part of buying insurance is that you know the factors that come into play when calculating auto insurance rates. Having a good understanding of what impacts premium levels allows you to make educated decisions that may reward you with lower auto insurance prices.

  • Liability coverage is peace of mind – Liability coverage is the protection if ever a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so do not cut corners here.
  • Drive a safer car and pay less – Cars with high safety ratings get lower rates. Safer cars protect occupants better and fewer injuries translates into savings for insurance companies and thus lower rates. If your Jaguar XK-Series has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Better credit scores mean better rates – A driver’s credit score is a huge factor in your rate calculation. So if your credit rating is lower than you’d like, you could be paying less to insure your 2000 Jaguar XK-Series by repairing your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with poor credit.
  • Claim-free discounts can add up – Companies award lower rates to policyholders who do not file claims often. If you frequently file small claims, you can pretty much guarantee higher rates. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Where you live is a factor – Choosing to live in a small town is a positive aspect when it comes to auto insurance. Fewer people means reduced accidents as well as less vandalism and auto theft. Drivers in populated areas have to deal with more traffic problems and a longer drive to work. More time on the road means higher likelihood of an accident.
  • Higher deductibles cost less – Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your Jaguar from damage. Some instances where coverage would apply are a windshield shattered by a rock, collision with an animal, and burglary. Your deductibles are the amount of money you are required to spend out-of-pocket before your auto insurance pays a claim. The higher the amount you are required to pay out-of-pocket, the less your auto insurance will be for XK-Series insurance.

How to Compare Auto Insurance Costs

Most major insurance companies quote price estimates on the web. Obtaining pricing doesn’t take a lot of time as you just enter the coverages you want into a form. Once you submit the form, the company’s rating system makes automated requests for your credit score and driving record and quotes a price determined by many factors.

This makes it a lot easier to compare rates but the work required to visit several different sites and fill out multiple forms gets old quite quickly. But it is imperative to do this if you want to find lower prices.

Quote rates the easy way

A more efficient way to get multiple rate quotes makes use of a single form that gets prices from many companies. The form is fast, reduces the work, and makes comparison shopping a lot less work. As soon as the form is sent, it is quoted and you are able to buy your choice of the resulting price quotes.

If you find a better price it’s easy to complete the application and purchase coverage. The entire process can be completed in a matter of minutes and can result in significant savings.

To find out how much you can save on auto insurance, simply click here to open in new window and input your coverage information. If you currently have coverage, we recommend you type in the limits and deductibles just like they are on your policy. This guarantees you will have a rate comparison for similar coverage.

Lots of discounts mean lots of savings

Insuring your fleet can be pricey, but companies offer discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you purchase, but a few need to be asked for before you will receive the discount. If they aren’t giving you every credit available, you are throwing money away.

  • Seat Belt Usage – Requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
  • Low Mileage – Low mileage vehicles can qualify you for a substantially lower rate.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of paying each month you could save up to 5%.
  • Senior Citizens – If you qualify as a senior citizen, you may receive better auto insurance rates for XK-Series insurance.
  • Club Memberships – Affiliation with a qualifying organization could trigger savings when shopping for auto insurance for XK-Series insurance.
  • Discount for Swiching Early – Select companies give a discount for signing up prior to your current policy expiring. The savings is around 10%.
  • Student Driver Training – Have your child enroll in driver’s education if it’s offered in school.
  • Auto/Life Discount – Companies who offer life insurance give better rates if you take out life insurance from them.

Consumers should know that some credits don’t apply to all coverage premiums. A few only apply to the price of certain insurance coverages like medical payments or collision. So when it seems like all the discounts add up to a free policy, it doesn’t quite work that way. But any discount will cut your premiums.

Companies who might offer these money-saving discounts include:

Check with each company what discounts are available to you. Discounts may not be available in your state.

Situations that might require an agent

When buying adequate coverage, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions can help discover whether your personal situation would benefit from professional advice.

  • Am I covered if I break a side mirror?
  • Is my teenager covered with friends in the car?
  • Does coverage extend to Mexico or Canada?
  • What if I owe more than I can insure my car for?
  • Am I covered if I drive in a foreign country?
  • Should I get collision insurance on every vehicle?
  • Is upholstery damage covered by car insurance?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and can help protect your family.

What auto insurance coverages do you need?

Knowing the specifics of auto insurance can help you determine which coverages you need for your vehicles. Auto insurance terms can be impossible to understand and coverage can change by endorsement.

Comprehensive coverage – This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from getting keyed, hail damage, fire damage and falling objects. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like chiropractic care, X-ray expenses and rehabilitation expenses. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Jaguar XK-Series.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Liability coverage – This coverage protects you from damage that occurs to other people or property. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like court costs, medical expenses, bail bonds, emergency aid and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Collision – Collision insurance pays for damage to your XK-Series from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as backing into a parked car, sideswiping another vehicle, scraping a guard rail, damaging your car on a curb and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

More comparisons equals lower rates

Consumers change insurance companies for a variety of reasons including high rates after DUI convictions, not issuing a premium refund, policy non-renewal and even delays in paying claims. Regardless of your reason for switching companies, finding a great new company can be easier than you think.

When buying insurance coverage, never reduce needed coverages to save money. In many instances, someone dropped full coverage only to find out that it was a big error on their part. The aim is to buy enough coverage at an affordable rate while not skimping on critical coverages.

We’ve covered a lot of techniques to reduce 2000 Jaguar XK-Series insurance prices online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising.

For more information, feel free to browse the resources below: