Cheaper 1999 Jaguar XK-Series Insurance Rates

Trying to find better car insurance rates for your Jaguar XK-Series? Buying cheap car insurance on the internet can be somewhat difficult for beginners to comparing rates online. Because there are so many online companies, how can consumers have a chance to compare the different rates to find the best available price?

It’s a great practice to price shop coverage once or twice a year since rates tend to go up over time. If you had the best rates on XK-Series coverage a few years ago a different company probably has better rates today. Forget anything you know (or think you know) about car insurance because you’re about to learn the best methods to find the best coverage while lowering your premiums.

If you are paying for car insurance now, you will be able to cut costs considerably using this strategy. The purpose of this post is to introduce you to the most effective way to quote insurance. But vehicle owners must understand how the larger insurance companies compete online and apply this information to your search.

Policy discounts you shouldn’t miss

Insurance can be prohibitively expensive, but you can get discounts that you may not know about. Most are applied when you complete an application, but a few need to be inquired about before you will receive the discount.

  • Drive Safe and Save – Safe drivers may save up to 50% more on XK-Series coverage than drivers with accident claims.
  • Passive Restraints – Factory air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Federal Government Employee – Being employed by or retired from a federal job can save as much as 8% on XK-Series coverage with certain companies.
  • Theft Prevention Discount – Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
  • Save over 55 – Mature drivers can possibly qualify for a discount up to 10% on XK-Series coverage.
  • Lower Rates for Military – Being on active duty in the military could be rewarded with lower premiums.
  • Paperwork-free – Some insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
  • Life Insurance – Larger companies have lower rates if you buy a life insurance policy as well.
  • More Vehicles More Savings – Having multiple cars or trucks on one policy can get a discount on all vehicles.
  • Early Switch Discount – Select companies give a discount for switching policies prior to your current policy expiration. It’s a savings of about 10%.

It’s important to note that most credits do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like you could get a free auto insurance policy, you won’t be that lucky. Any qualifying discounts will help reduce the amount you have to pay.

Companies that possibly offer these benefits are:

Before buying, ask all companies you are considering what discounts are available to you. Discounts may not be available in your area.

Factors determining your Jaguar XK-Series insurance premium

Consumers need to have an understanding of the factors that come into play when calculating the price you pay for insurance coverage. When you know what positively or negatively impacts premium levels allows you to make educated decisions that may reward you with much lower annual insurance costs.

The list below includes some of the factors companies use to determine rates.

  • Younger drivers pay higher rates – Mature drivers are viewed as being more responsible, tend to cause fewer accidents and are safer drivers. Youthful drivers have a tendency to be less responsible in a vehicle therefore insurance coverage rates are much higher.
  • Do you have enough liability coverage? – Liability coverage is the protection when you are found liable for damages caused by your negligence. It provides legal defense coverage which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Traffic violations increase rates – Only having one ticket can bump up the cost by twenty percent. Drivers who don’t get tickets receive lower rates than their less careful counterparts. Drivers with dangerous tickets such as DUI or reckless driving are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Consolidate policies to earn discounts – The majority of insurance coverage companies provide better rates to insureds who carry more than one policy. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even with this discount, it’s in your best interest to shop around to ensure the best deal. Consumers may find a better deal by splitting coverages up.
  • The more you drive the more you pay – Driving more miles each year the more you’ll pay to insure your vehicle. The majority of insurers apply a rate determined by how the vehicle is used. Vehicles that are left in the garage qualify for better rates than those used for commuting. Verify your insurance coverage coverage is showing the proper vehicle usage. Incorrect usage on your XK-Series can result in significantly higher rates.
  • Never allow your policy to lapse – Allowing your coverage to lapse is a sure-fire way to bump up your insurance coverage costs. Not only will rates go up, getting caught without coverage can result in a license revocation or jail time.
  • Do you work long hours in a high stress job? – Did you know your job can affect your rates? Occupations like judges, social workers and stock brokers tend to have the highest rates because of high stress levels and lots of time spent at work. On the other hand, occupations like scientists, students and homemakers receive lower rates on XK-Series coverage.
  • Extra coverages can waste money – There are many extra bells and whistles that can waste your money if you aren’t careful. Things like rental car reimbursement, accident forgiveness and membership fees may be costing you every month. These coverages may sound good initially, but your needs may have changed so remove them from your policy.

Insurance agents can help

When it comes to buying the best auto insurance coverage, there is no perfect coverage plan. Each situation is unique.

For instance, these questions may help you determine if you would benefit from professional advice.

  • Does my medical payments coverage pay my health insurance deductible?
  • Does my 1999 Jaguar XK-Series need full coverage?
  • Am I covered if I wreck a rental car?
  • What vehicles should carry emergency assistance coverage?
  • Is a fancy paint job covered?
  • What is covered by UM/UIM coverage?

If you’re not sure about those questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form.

Insurance coverage options for a 1999 Jaguar XK-Series

Having a good grasp of your policy aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Collision – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as colliding with a tree, backing into a parked car, hitting a mailbox, sustaining damage from a pot hole and damaging your car on a curb. 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 bump up the deductible to get cheaper collision coverage.

Liability car insurance – Liability coverage will cover damage or injury you incur to people or other property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like medical services, repair bills for other people’s vehicles and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for bills for hospital visits, nursing services, pain medications, funeral costs and surgery. They are often 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 in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverages – This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, vandalism, hitting a bird, theft and hail damage. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1999 Jaguar XK-Series.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Be a smart shopper

People who switch companies do it for a number of reasons such as unfair underwriting practices, delays in responding to claim requests, high prices or even extreme rates for teen drivers. It doesn’t matter what your reason, choosing a new company can be less work than you think.

Throughout this article, we presented a lot of ways to save on 1999 Jaguar XK-Series insurance. The key thing to remember is the more times you quote, the higher your chance of finding lower rates. Consumers could even find that the lowest rates come from an unexpected company.

When trying to cut insurance costs, don’t be tempted to reduce needed coverages to save money. There are a lot of situations where someone dropped liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at the best price.

Additional detailed information can be found in the articles below: