1998 Jaguar XJ-Series Insurance Quotes – 9 Savings Tips

Paying for high-priced Jaguar XJ-Series insurance can take a big chunk out of your bank account and make it hard to pay other bills. Comparison shopping is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.

Because you have many options, it’s difficult to choose the lowest cost provider.

It’s important to price shop coverage at least once a year since rates change quite often. If you had the best price for XJ-Series coverage on your last policy a different company probably has better rates today. Block out anything you think you know about auto insurance because we’re going to demonstrate the best methods to eliminate unnecessary coverages and save money.

Verify you’re getting all your discounts

Properly insuring your vehicles can get expensive, but companies offer discounts to reduce the price significantly. Certain discounts will be triggered automatically when you purchase, but a few must be specifically requested before you get the savings.

  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • Accident Forgiveness – Some insurance companies will allow you to have one accident without raising rates if your claims history is clear for a certain period of time.
  • Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
  • Distant Student – Youth drivers living away from home attending college without a vehicle on campus can receive lower rates.
  • Homeowners Discount – Owning a home may trigger a car insurance policy discount because of the fact that having a home requires personal responsibility.
  • Employee of Federal Government – Simply working for the federal government can save as much as 8% for XJ-Series coverage depending on your company.
  • Good Student Discount – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.

Consumers should know that some of the credits will not apply to the entire policy premium. Most cut specific coverage prices like collision or personal injury protection. So even though they make it sound like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will help reduce the amount you have to pay.

To see a list of companies with discount car insurance rates, follow this link.

When should I talk to an agent?

When it comes to choosing the best insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that might help in determining whether or not you might need professional guidance.

  • Do I need PIP coverage since I have good health insurance?
  • How does medical payments coverage work?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I really need UM/UIM coverage?
  • Is my teenager covered with friends in the car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I sign the liability waiver when renting a car?
  • Does my insurance cover a custom paint job?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

Is there deception in advertising?

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads make the same claim of big savings if you change to them. How does each company make almost identical claims?

All the different companies have a preferred profile for the right customer that earns them a profit. An example of a desirable insured might be profiled as a mature driver, has no prior claims, and has a high credit rating. Any driver who matches those parameters gets the lowest rates and therefore will save when switching.

Potential insureds who don’t qualify for this ideal profile will have to pay higher rates and this can result in business going elsewhere. The ads say “drivers who switch” not “people who quote” save that much money. That’s why companies can claim big savings.

Because of the profiling, you need to get as many comparisons as possible. Because you never know which car insurance company will provide you with the cheapest Jaguar XJ-Series insurance rates.

Coverages available on your insurance policy

Understanding the coverages of your policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages available from insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as theft, fire damage, a broken windshield and rock chips in glass. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability auto insurance

This can cover damage or injury you incur to other’s property or people in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like attorney fees, funeral expenses, medical services, bail bonds and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.

Collision protection

This coverage pays for damage to your XJ-Series resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like sideswiping another vehicle, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Jaguar XJ-Series.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for surgery, funeral costs, prosthetic devices and doctor visits. The coverages can be used to cover expenses not covered by your 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 any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Knowledge is power

Discount 1998 Jaguar XJ-Series insurance is attainable on the web in addition to many insurance agents, so compare prices from both to have the best rate selection. There are still a few companies who do not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

In this article, we covered many ways to save on insurance. The key concept to understand is the more price quotes you have, the better your chances of lowering your rates. Drivers may discover the best price on auto insurance is with a lesser-known regional company. Regional companies often have lower prices on specific markets than their larger competitors like Progressive or Geico.

As you prepare to switch companies, don’t be tempted to reduce coverage to reduce premium. There are too many instances where consumers will sacrifice comprehensive coverage or liability limits only to regret at claim time they didn’t have enough coverage. Your aim should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

More detailed auto insurance information can be read in these articles: