Lower Your 2014 Jaguar XF Car Insurance Rates

Finding lower premiums on auto insurance is nearly impossible for consumers new to comparing rates online. Consumers have so many companies to choose from that it can quickly become a lot of work to find the best price.

Comprehensive Auto Insurance Comparison Quotes

To find the best auto insurance prices, there are several ways to compare quotes from auto insurance companies in your area. The easiest way to find the cheapest 2014 Jaguar XF insurance rates is simply to get online rate quotes. This can be done using a couple different methods.

  • Probably the best way to get the best comparison quotes is to use a rate comparison form like this one (opens in new window). This easy form keeps you from doing boring form submissions for every auto insurance company. A single form will return price quotes direct from many companies. Recommended for those who want to invest the least amount of time.
  • A slightly less efficient method to compare rate quotes requires visiting each company’s website and complete a new quote form. For sake of this example, we’ll assume you want to compare rates from Liberty Mutual, Farmers and American Family. To get each rate you have to visit each site and enter your policy data, and that’s why the first method is more popular. To view a list of companies in your area, click here.
  • The hardest method to get comparison rates is to waste gas driving to insurance agents’ offices. The internet has reduced the need for local agents unless you prefer the trained guidance of a licensed agent. You can, however, find lower rates online and get advice from an agent in your area.

It’s your choice how you get your quotes, but make sure you use apples-to-apples coverages and limits for each comparison quote. If your comparisons have unequal deductibles or liability limits it’s not possible to find the best deal for your Jaguar XF. Slightly different coverages can result in a big premium difference. And when quoting auto insurance, remember that comparing a large number of companies helps you find the best price.

Jaguar XF rates influenced by many factors

An important part of buying insurance is that you know the factors that help determine the price you pay for insurance. When you know what positively or negatively impacts premium levels allows you to make educated decisions that can help you get lower insurance prices.

The following are some of the items companies use to determine your rates.

  • Do you need the policy add-ons? – There are many additional coverages you can purchase on your insurance policy. Things like roadside assistance, better glass coverage and membership fees are examples of these. These may sound like a good investment at first, but your needs may have changed so remove them from your policy.
  • Where you reside plays a part – Living in small towns and rural areas has it’s advantages when it comes to insurance. Urban drivers have congested traffic and longer commutes to work. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims.
  • Keep rates low by being claim-free – Companies provide better rates to drivers who do not file claims often. If you file claims often, you can expect either higher rates or even cancellation. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Older drivers pay less – Youthful drivers are known to be careless and easily distracted when driving so they pay higher insurance rates. Parents adding a teenage driver to your policy can be quite pricey. More mature drivers are more cautious drivers, file fewer claims and receive fewer citations.
  • High deductibles save money – Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your Jaguar from damage. Some instances where coverage would apply are colliding with a building, damage caused by hail, and windstorm damage. Physical damage deductibles are the amount of money you are willing to pay before a claim is paid by your company. The more expense you are required to pay out-of-pocket, the less your insurance will be on XF insurance.
  • Do you have enough liability coverage? – Liability insurance provides coverage if a court rules you are at fault for damages from an accident. It will provide you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should carry high limits.
  • Clean credit earns discounts – Your credit score is a huge factor in your rate calculation. Therefore, if your credit is lower than you’d like, you could save money insuring your 2014 Jaguar XF by spending a little time repairing your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with poor credit.

Save money by taking advantage of these discounts

Insurance can be prohibitively expensive, but there are discounts available that many people don’t even know exist. Certain discounts will be triggered automatically when you purchase, but a few must be inquired about prior to getting the savings.

  • Early Signing – Some companies give discounts for switching policies before your current policy expires. This can save 10% or more.
  • Discount for Life Insurance – Larger companies have lower rates if you buy life insurance from them.
  • Paperwork-free – Some insurance companies may give you up to $50 for buying your policy online.
  • Save over 55 – If you qualify as a senior citizen, you may receive reduced rates on XF insurance.
  • Discount for New Cars – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • Good Students Pay Less – Performing well in school can save 20 to 25%. The good student discount can last well after school through age 25.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Resident Student – Any of your kids living away from home attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save up to 5%.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only reduce individual premiums such as medical payments or collision. Just because you may think you would end up receiving a 100% discount, it doesn’t quite work that way. Any amount of discount will cut the cost of coverage.

Companies that may offer some of the above discounts are:

It’s a good idea to ask each company which discounts you may be entitled to. Savings might not be offered everywhere.

When should I use an insurance agent?

When buying adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s.

These are some specific questions may help highlight whether or not you might need professional guidance.

  • Does my policy pay for OEM or aftermarket parts?
  • Do I have any recourse if my insurance company denies a claim?
  • Is my cargo covered for damage or theft?
  • Which is better, split liability limits or combined limits?
  • Should I drop comprehensive coverage on older vehicles?
  • How much liability insurance is required?
  • Should I put collision coverage on all my vehicles?
  • What is the rate difference between pleasure use and commuting?
  • When can I cancel my policy?
  • What vehicles should carry emergency assistance coverage?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Information about specific coverages

Learning about specific coverages of a car insurance policy can help you determine the best coverages for your vehicles. Car insurance terms can be difficult to understand and coverage can change by endorsement.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from a tornado or hurricane, theft, hitting a deer and rock chips in glass. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for collisions

This coverage covers damage to your XF from colliding with an object or car. You have to 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 hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Medical costs insurance

Coverage for medical payments and/or PIP pay for expenses for EMT expenses, hospital visits, chiropractic care and prosthetic devices. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability coverage

This coverage will cover damage that occurs to a person or their property. It protects YOU from legal claims by others. It does not cover 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. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability can pay for things like medical services, repair bills for other people’s vehicles, loss of income and medical expenses. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

Be Smart and Buy Smart

Cost effective 2014 Jaguar XF insurance is possible both online in addition to many insurance agents, so compare prices from both to have the best chance of lowering rates. There are still a few companies who do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

We covered a lot of information how to save on insurance. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising.

As you shop your coverage around, it’s very important that you do not buy poor coverage just to save money. Too many times, consumers will sacrifice physical damage coverage and found out when filing a claim that it was a big error on their part. Your aim should be to buy the best coverage you can find at the best price.

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