View 2001 Jaguar XK-Series Insurance Quotes

Looking for the cheapest auto insurance rates for your Jaguar XK-Series? Finding the cheapest insurance for a new or used Jaguar XK-Series could be a lot of work, but you can learn these tips to save time.

There are more efficient ways to buy auto insurance and we’ll show you the best way to price shop coverage for a Jaguar and locate the best price possible from both online companies and local agents.

Pieces of the Jaguar XK-Series insurance rate puzzle

An important part of buying insurance is that you know the rating factors that help determine the price you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that could result in lower auto insurance prices.

  • Discounts for multiple policies – Some companies provide better rates to people who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it’s still a good idea to comparison shop to make sure you are getting the best deal. Drivers may still find better rates by buying auto insurance from a different company.
  • Do you know you’re credit rating? – A driver’s credit score is a big factor in calculating your auto insurance rates. People with good credit tend to be more responsible as compared to drivers with poor credit. If your credit rating is low, you could pay less to insure your 2001 Jaguar XK-Series by repairing your credit.
  • Liability coverage protects you – Liability insurance is the coverage that protects you when you are found to be at fault for personal injury or accident damage. It will provide you with a defense in court starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so do not skimp.
  • Always keep insurance in force – Letting your insurance expire is a guaranteed way to bump up your auto insurance costs. And not only will insurance be more expensive, getting caught without coverage may earn you a revoked license or a big fine.You may need to file a SR-22 with your state department of motor vehicles.
  • Claim-free discounts can add up – If you tend to file frequent claims, you can expect either higher rates or even cancellation. Auto insurance companies award cheaper rates to insureds who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Having a spouse can save you money – Having a spouse actually saves money on your policy. Having a spouse means you’re more responsible and statistics show being married results in fewer claims.
  • Theft deterrents lower rates – Driving a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.

Do you qualify for discounts?

Car insurance is not cheap, but there could be available discounts that can drop the cost substantially. Certain discounts will be applied at quote time, but a few need to be inquired about before they will apply. If they aren’t giving you every credit you deserve, you are paying more than you should be.

  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
  • Multiple Policy Discount – If you insure your home and vehicles with one company you may earn at least 10% off all policies.
  • Early Signing – Select companies give a discount for switching to them prior to your current policy expiration. This can save 10% or more.
  • 55 and Retired – If you qualify as a senior citizen, you may be able to get better car insurance rates on XK-Series coverage.
  • Drivers Education – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • Resident Student – Children who live away from home without a vehicle on campus can receive lower rates.
  • Accident Free – Claim-free drivers can earn big discounts when compared to bad drivers.
  • E-sign – A handful of insurance companies may give you up to $50 for buying your policy online.

Consumers should know that most discount credits are not given the the whole policy. Most only cut the price of certain insurance coverages like liability and collision coverage. Just because you may think all the discounts add up to a free policy, companies don’t profit that way. Any amount of discount will bring down the amount you have to pay.

For a list of providers with discount car insurance rates, click here to view.

Do drivers who switch really save?

Consumers constantly see and hear ads that promise big savings from companies such as Allstate and Progressive. They all seem to have a common claim that you can save if you move your policy.

How can each company claim to save you money? This is how they do it.

Different companies have a certain “appetite” for the driver that earns them a profit. A good example of a driver they prefer could be a mature driver, a clean driving record, and drives less than 7,500 miles a year. Any driver who meets those qualifications receives the best rates and is almost guaranteed to save when they switch companies.

Consumers who don’t measure up to the requirements must pay a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say “customers that switch” not “everyone that quotes” save that much. That is how companies can make the claims of big savings.

This illustrates why it is so important to quote coverage with many companies. Because you never know which insurance companies will give you the biggest savings on Jaguar XK-Series insurance.

Don’t assume everyone needs the same coverage

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

For example, these questions could help you determine whether you will benefit from professional help.

  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I really need UM/UIM coverage?
  • Do I need replacement cost coverage on my 2001 Jaguar XK-Series?
  • Do I have coverage for damage caused while driving under the influence?
  • Why am I required to buy high-risk coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • I have a DUI can I still get coverage?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, free and you can get the answers you need.

Auto insurance coverage basics

Having a good grasp of a auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Jaguar XK-Series.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Collision coverage protection

Collision insurance will pay to fix damage to your XK-Series resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a parking meter, colliding with another moving vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Coverage for liability

Liability insurance will cover damages or injuries you inflict on other’s property or people. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as repair costs for stationary objects, medical expenses, loss of income and pain and suffering. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.

Comprehensive (Other than Collision)

This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, hitting a deer and rock chips in glass. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like ambulance fees, rehabilitation expenses and surgery. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

More choices the merrier

Lower-priced 2001 Jaguar XK-Series insurance can be sourced online and with local insurance agents, and you should be comparing both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

People leave their current company for any number of reasons including extreme rates for teen drivers, being labeled a high risk driver, poor customer service or high rates after DUI convictions. It doesn’t matter what your reason, switching companies can be less work than you think.

When buying insurance coverage, make sure you don’t buy less coverage just to save a little money. Too many times, someone dropped uninsured motorist or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.

Additional information can be read at the links below