2011 Jaguar XK Insurance Rates – 9 Tips for Cheapest Quotes

Having to pay for overpriced Jaguar XK insurance can overdraw your personal savings and make it impossible to make ends meet. Doing a price comparison is free and is an excellent way to cut your insurance bill.

Companies like Progressive, State Farm and Geico promote their brand names with ads and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.

Comprehensive Insurance Comparison Quotes

To find the best insurance prices, there are several ways to get quotes from local insurance companies. The easiest way to find the lowest 2011 Jaguar XK rates is simply to get online rate quotes. It is quite easy and can be accomplished using a couple different methods.

The recommended way to get quotes is to use a rate comparison form like this one (opens in new window). This type of form prevents you from having to do multiple quote forms for each company. Just one form will get you rate comparisons from multiple low-cost companies.

A less efficient way to compare prices is to manually visit each individual company website to complete a price quote. For example, we’ll assume you want rates from Progressive, Allstate and Farmers. To get each rate you have to visit each site and enter your policy data, which is why the first method is quicker.

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

It doesn’t matter which method you choose, just make sure you use the exact same coverages on every quote you get. If you compare differing limits it’s impossible to determine which rate is truly the best. Slightly different insurance coverages could mean much higher rates. And when comparison shopping, quoting more will enable you to find better pricing.

How to save on Jaguar XK insurance

Car insurance companies don’t always publicize all available discounts very clearly, so we took the time to find some of the best known as well as the least known savings tricks you should be using.

  • Pay Upfront and Save – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • Safe Drivers – Drivers who avoid accidents can pay as much as 50% less on XK coverage than drivers with accident claims.
  • College Student – Kids in college who are attending college and do not have a car may be able to be covered for less.
  • Accident Free – Drivers who don’t have accidents can save substantially when compared to bad drivers.
  • Club Memberships – Belonging to a qualifying organization could qualify you for a break when buying insurance on XK coverage.
  • New Car Discount – Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Accident Waiver – Certain companies permit an accident before your rates go up if you are claim-free for a certain period of time.
  • Discount for Life Insurance – Some companies give better rates if you take out life insurance.
  • Good Student – Getting good grades can save 20 to 25%. Earning this discount can benefit you well after school through age 25.

Consumers should know that some credits don’t apply the the whole policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn’t work that way.

Companies that may offer these money-saving discounts include:

Check with every prospective company which discounts they offer. Savings may not be available in every state.

Tailor your coverage to you

When buying coverage for your personal vehicles, there is no best way to insure your cars. Every insured’s situation is different so this has to be addressed. For example, these questions may help you determine if your insurance needs might need professional guidance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Should I rate my 2011 Jaguar XK as pleasure use or commute?
  • Does insurance cover damages from a DUI accident?
  • What is the difference between comprehensive and collision coverage?
  • Does coverage extend to a rental car in a foreign country?
  • Do I need replacement cost coverage on my 2011 Jaguar XK?
  • Do I really need UM/UIM coverage?
  • Are split liability limits better than a combined single limit?
  • Does liability extend to a camper or trailer?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Don’t listen to company ads

Companies like Allstate and Progressive continually stream television and radio advertisements. All the ads make the same claim that you’ll save big after switching to them. How does each company make almost identical claims? It’s all in the numbers.

Insurance companies can use profiling for the type of driver they prefer to insure. A good example of a desirable insured could possibly be over the age of 50, has no prior claims, and has great credit. Any new insured who fits that profile will get the preferred rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential customers who don’t qualify for this ideal profile will be charged higher rates and this can result in the customer not buying. The ad wording is “drivers who switch” not “people who quote” save money. This is how insurance companies can advertise the way they do. That is why drivers must compare as many rates as you can. You cannot predict which company will provide you with the cheapest Jaguar XK insurance rates.

Learn about insurance coverages for a 2011 Jaguar XK

Understanding the coverages of your insurance policy aids in choosing the right coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.

Collision coverage

Collision coverage will pay to fix damage to your XK caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with a tree, sustaining damage from a pot hole, colliding with another moving vehicle, backing into a parked car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for expenses for things like doctor visits, funeral costs, surgery, rehabilitation expenses and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Liability insurance

This coverage provides protection from injuries or damage you cause to other people or property. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims such as bail bonds, emergency aid and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 2011 Jaguar XK.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Comprehensive coverages

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, fire damage, damage from flooding and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

One last thing

The cheapest 2011 Jaguar XK insurance can be purchased both online and also from your neighborhood agents, so you should compare both so you have a total pricing picture. There are still a few companies who may not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

While you’re price shopping online, make sure you don’t reduce coverage to reduce premium. There have been many cases where drivers have reduced liability limits or collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at a price you can afford while still protecting your assets.

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