Cheap 2002 Jaguar XK-Series Insurance Quotes

Are you a victim of an overpriced insurance policy? Believe me when I say you are not the only one feeling buyer’s remorse. Many insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates to find the absolute best rate

Do you qualify for a discount?

Companies don’t list all available discounts in an easy-to-find place, so the following is a list of some of the best known and the more hidden discounts you could be receiving. If they aren’t giving you every credit you deserve, you are paying more than you should be.

  • Federal Employees – Being employed by or retired from a federal job may qualify you for a discount for XK-Series coverage depending on your company.
  • Bundle and Save – If you have multiple policies with one insurance company you may earn at least 10% off all policies.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Drive Less and Save – Low mileage vehicles could be rewarded with a substantially lower rate.
  • Accident Free – Claim-free drivers can earn big discounts when compared with drivers who are more careless.

Consumers should know that most discounts do not apply to the entire policy premium. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, companies don’t profit that way.

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

Check with every prospective company what discounts are available to you. Some discounts might not apply in your area.

Comprehensive Insurance Coverage Comparison

Finding cheaper 2002 Jaguar XK-Series insurance coverage prices isn’t really that difficult. The only thing you need to do is invest a few minutes to compare rate quotes provided by online insurance companies. This is very easy and can be done in several different ways.

The recommended way to get quotes is an all-inclusive rate comparison like this one (opens in new window). This form saves time by eliminating separate quote forms for each company. Just one form will return price quotes from many national carriers.

A more difficult way to get quotes online consists of visiting the website of each company and complete a new quote form. For examples sake, we’ll assume you want comparison quotes from Auto-Owners, Esurance and American Family. You would have to visit each site to input your insurance information, which is why most consumers use the first method.

For a list of links to companies insuring cars in your area, click here.

However you get your quotes, be sure to compare identical coverage limits for every company. If you are comparing different liability limits you will not be able to determine the lowest rate for your Jaguar XK-Series.

Factors that can influence insurance rates for a Jaguar XK-Series

It’s important that you understand the factors that come into play when calculating the price you pay for auto insurance. Knowing what impacts premium levels allows you to make educated decisions that may reward you with better auto insurance rates.

The list below includes a few of the “ingredients” companies use to determine rates.

  • Where you live – Residing in a rural area can be a good thing when buying auto insurance. Fewer people translates into fewer accidents and also fewer theft and vandalism claims. City drivers tend to have much more traffic to deal with and longer commute times. Longer commute distances can result in more accidents.
  • One company can mean more discounts – The majority of insurance companies will award you with lower prices to customers who consolidate policies with them such as combining an auto and homeowners policy. Discounts can be 10 percent or more. Even if you’re getting this discount it’s still a good idea to compare other company rates to verify if the discount is saving money.
  • With age comes lower rates – Young drivers have a tendency to be less responsible when driving so they pay higher auto insurance rates. Having to add a teen driver onto your auto insurance can break the bank. More mature drivers tend to be more responsible, tend to file fewer claims and are safer drivers.
  • Do you know you’re credit rating? – Having a bad credit score is a important factor in determining what you pay for auto insurance. Consumers who have excellent credit tend to be less risk to insure as compared to drivers with lower ratings. If your credit score is low, you could save money insuring your 2002 Jaguar XK-Series by improving your rating.
  • A lapse in coverage is a bad thing – Driving with no insurance is a misdemeanor and your next policy will cost more because you let your coverage lapse. Not only will you pay more, failure to provide proof of insurance will get you a revoked license or a big fine.
  • Small claims can cost you – If you tend to file frequent claims, you can expect either higher rates or even cancellation. Car insurance companies provide better rates to policyholders 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.
  • Special features that cut premiums – Driving a car with anti-theft technology or alarm system can help lower your rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.
  • Safer occupants lowers premiums – Vehicles with good safety scores are cheaper to insure. The safest vehicles have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Jaguar XK-Series is rated at least 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.

What coverages do I need?

When choosing adequate coverage, there really is not a one size fits all plan. Every insured’s situation is different and your policy should reflect that. For instance, these questions can help discover if your situation would benefit from professional advice.

  • Is rental equipment covered for theft or damage?
  • Do I need replacement cost coverage?
  • Can I afford low physical damage deductibles?
  • Is my teen driver covered when they drive my company car?
  • Does my 2002 Jaguar XK-Series need full coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Where can I get insurance after a DUI in my state?
  • Do I need to file an SR-22 for a DUI in my state?
  • Can I afford to buy a different vehicle if my 2002 Jaguar XK-Series is totaled?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.

Car insurance coverage options for a Jaguar XK-Series

Knowing the specifics of car insurance helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. These are typical coverages found on most car insurance policies.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive car insurance

This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hail damage, falling objects and damage from getting keyed. The highest amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto collision coverage

This coverage will pay to fix damage to your XK-Series resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like colliding with a tree, sustaining damage from a pot hole, hitting a mailbox, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like X-ray expenses, EMT expenses, dental work and pain medications. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance

Liability coverage will cover damage or injury you incur to a person or their property by causing an accident. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims like legal defense fees, structural damage, pain and suffering and emergency aid. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Have the Midas touch

Affordable 2002 Jaguar XK-Series insurance is attainable both online and also from your neighborhood agents, and you should compare price quotes from both in order to have the best chance of saving money. Some auto insurance companies may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

When you buy insurance online, it’s a bad idea to skimp on critical coverages to save a buck or two. In many cases, consumers will sacrifice liability limits or collision coverage only to regret that the small savings ended up costing them much more. Your aim should be to find the BEST coverage at the best price while not skimping on critical coverages.

We covered a lot of tips how to reduce insurance prices online. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers may even find the biggest savings come from a small mutual company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like State Farm and Allstate.

Other information