2002 Jaguar XK-Series Insurance Rates – 8 Policy Discounts

Consumers who are new to price shopping insurance online will find purchasing low-cost insurance coverage quite difficult.

You should take the time to get comparison quotes every six months due to the fact that insurance rates fluctuate regularly. Even if you think you had the best deal for XK-Series coverage a couple years back you may be paying too much now. Ignore everything you know about insurance coverage because you’re about to learn the only way to properly buy coverages while reducing your premium.

Free Insurance Coverage Quotes

There are several ways to compare rate quotes from different insurance companies. The best way to compare 2002 Jaguar XK-Series insurance prices is simply to get online rate quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  • Probably the best way to find low rates is a comparison rater form click to view form in new window. This method saves time by eliminating separate quotation requests for each company. A single form gets you coverage quotes from multiple companies. This is by far the quickest method.
  • A slightly less efficient method to find lower rates consists of going to the website of each company and complete a new quote form. For examples sake, we’ll pretend you want to compare Allstate, Liberty Mutual and Progressive. To get rate quotes you would need to spend time on each company’s site and enter your policy data, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

However you get your quotes, make darn sure you compare identical coverages for every company. If each company quotes mixed coverages it will be next to impossible to make a fair comparison for your Jaguar XK-Series. Quoting even small variations in coverage limits may result in a large different in cost. It’s important to know that comparing a large number of companies will improve the odds of getting better pricing.

Don’t miss out on these eight money-saving discounts

Car insurance companies do not list every available discount very well, so we researched some of the best known and the harder-to-find savings tricks you should be using.

  • Seat Belt Usage – Drivers who require all occupants to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% for XK-Series coverage with certain companies.
  • Pay Now and Pay Less – By paying your policy upfront instead of paying each month you could save 5% or more.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
  • No Accidents – Drivers who don’t have accidents can save substantially when compared to accident-prone drivers.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Discount for Life Insurance – Companies who offer life insurance give lower rates if you buy life insurance from them.
  • Good Student – Getting good grades can earn a discount of 20% or more. This discount can apply up to age 25.

It’s important to note that most discount credits are not given to all coverage premiums. Some only apply to individual premiums such as liability and collision coverage. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

For a list of insurers offering auto insurance discounts, click this link.

Do I need special coverages?

When it comes to buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Each situation is unique.

For example, these questions can help discover whether you will benefit from professional help.

  • Do I need to file an SR-22 for a DUI in my state?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is extra glass coverage worth it?
  • Why am I required to get a high-risk car insurance policy?
  • Does liability extend to a camper or trailer?
  • Do all my vehicles need collision coverage?
  • Will my rates increase for filing one claim?
  • Does coverage extend to my business vehicle?

If you can’t answer these questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, complete this form.

Can switching companies really save?

Insurance providers like Allstate, Geico and Progressive constantly bombard you with ads on TV and radio. They all say the same thing that you can save if you switch to them. But how can every company say the same thing? It’s all in the numbers.

Different companies can use profiling for the type of customer that makes them money. For instance, a preferred risk could be over the age of 40, owns a home, and has a short commute. A propective insured who fits that profile will get the preferred rates and is almost guaranteed to save when they switch companies.

Drivers who don’t measure up to this ideal profile will have to pay a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” but not “drivers who get quotes” save money. That’s the way companies can advertise the way they do. Because of the profiling, you should quote coverage with many companies. Because you never know which company will provide you with the cheapest Jaguar XK-Series insurance rates.

Auto insurance coverage specifics

Understanding the coverages of auto insurance aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive or Other Than Collision – This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like fire damage, a broken windshield and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision – This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a building, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for expenses for things like surgery, ambulance fees and hospital visits. They are often utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Coverage for liability – Liability coverage can cover damages or injuries you inflict on other’s property or people in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as repair costs for stationary objects, bail bonds, medical expenses and funeral expenses. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible.

UM/UIM Coverage – This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Smart shoppers get results

As you restructure your insurance plan, you should never sacrifice coverage to reduce premiums. In many instances, an insured dropped physical damage coverage only to find out they didn’t have enough coverage. The ultimate goal is to buy enough coverage at the best price, not the least amount of coverage.

Discount 2002 Jaguar XK-Series insurance can be found on the web as well as from independent agents, and you should compare price quotes from both to have the best selection. Some insurance companies don’t offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

People change insurance companies for many reasons like high rates after DUI convictions, delays in responding to claim requests, not issuing a premium refund or being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new insurance company can be pretty painless.

To learn more, link through to the articles below: