Lower Your 2014 Jaguar XJ Car Insurance Rates

Searching for cheaper insurance rates? Consumers have options when looking for the best price on Jaguar XJ insurance. You can either spend your time struggling with agents getting price quotes or leverage the internet to make rate comparisons. There is a right way and a wrong way to shop for insurance so you’re going to learn the best way to quote coverages for a new or used Jaguar and get the lowest possible price.

It’s smart to check insurance prices occasionally because prices change regularly. Despite the fact that you may have had the lowest price for XJ insurance a few years ago you will most likely find a better rate today. There is a lot of bad advice regarding insurance on the internet, so with this article, you’re going to get some solid techniques on how to find cheap insurance.

How to Compare Car Insurance Costs

Most major insurance companies like State Farm, Geico and Progressive give prices directly from their websites. Obtaining pricing is quite easy as you simply enter the coverages you want as requested by the quote form. Once entered, their system requests information on your driving record and credit history and generates pricing information based on these and other factors.

This simplifies rate comparisons, but the time it takes to visit a lot of sites and type in the same information gets old quite quickly. But it’s absolutely necessary to get many rate quotes in order to get a better rate.

A quicker way to locate the lowest prices makes use of a single form to obtain quotes from several companies at one time. It saves time, requires less work, and makes comparison shopping much easier. As soon as you send your information, it gets priced and you are able to buy any of the resulting price quotes. If one or more price quotes are lower than your current rates, you can simply submit the application and purchase coverage. The whole process only takes a few minutes and you will know how your current rates stack up.

In order to find out how much you can save on car insurance, simply click here to open in new window and begin entering your coverage information. If you have coverage now, it’s recommended that you enter your coverages as shown on your current policy. This makes sure you are getting rate quotes using the same coverage and limits.

Don’t listen to company ads

Drivers constantly see and hear ads for the lowest price auto insurance from the likes of State Farm, Geico and Progressive. All the ads make the same claim that you’ll save big if you move your coverage to them.

But how can every company say the same thing? It’s all in the numbers.

All the different companies have a preferred profile for the right customer that earns them a profit. For example, a preferred risk might be profiled as between 30 and 50, is a homeowner, and drives newer vehicles. A propective insured who fits that profile will get the preferred rates and as a result will probably save when switching.

Potential customers who don’t measure up to these standards must pay a higher premium and ends up with business going elsewhere. The ads state “people who switch” not “people who quote” save that kind of money. This is how companies can make those claims. This illustrates why you should get as many comparisons as possible. It’s just too difficult to predict the company that will fit your personal profile best.

Complexity of Jaguar XJ insurance rates

Consumers need to have an understanding of the different types of things that play a part in calculating your car insurance rates. Knowing what controls the rates you pay helps enable you to make changes that could result in big savings.

Shown below are some of the factors that factor into premiums.

  • A lapse in coverage is a bad thing – Allowing your car insurance policy to lapse is a fast way to trigger a rate increase. Not only will you pay more, failure to provide proof of insurance will get you a license revocation or jail time.You may then be required to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Save money with special equipment – Purchasing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Pleasure use saves money – The more miles you rack up on your Jaguar in a year’s time the higher your rate. Almost all companies apply a rate based on how the vehicle is used. Autos that are left in the garage receive lower rates than those used for commuting. Verify your car insurance policy is rated on how each vehicle is driven, because improper ratings can cost you money. If your policy improperly rates your XJ may be wasting your money.
  • Credit scores impact car insurance rates – A driver’s credit score is a huge factor in calculating your car insurance rates. Drivers with good credit tend to file fewer claims and have better driving records as compared to drivers with lower credit ratings. So if your credit history is low, you could be paying less to insure your 2014 Jaguar XJ by improving your credit score.

More discounts equal less premium

Car insurance companies don’t always advertise every available discount in an easy-to-find place, so we researched both the well known as well as the least known ways to save on insurance. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Multi-policy Discount – If you have multiple policies with one insurance company you may save up to 20% off your total premium.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Own a Home – Owning a home may trigger a insurance policy discount because maintaining a house requires personal responsibility.
  • Discount for Good Grades – This discount can get you a discount of up to 25%. This discount can apply up until you turn 25.
  • Federal Employees – Employees or retirees of the government can save as much as 8% for XJ insurance with select insurance companies.
  • Multiple Vehicles – Insuring multiple vehicles on the same insurance policy may reduce the rate for each vehicle.

It’s important to understand that many deductions do not apply to the overall cost of the policy. Most only cut specific coverage prices like liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you’re out of luck.

For a list of insurers with the best insurance discounts, click here to view.

It’s not one size fits all

When choosing proper insurance coverage, there is no perfect coverage plan. Everyone’s situation is unique.

For instance, these questions might point out if your insurance needs could use an agent’s help.

  • Is a fancy paint job covered?
  • Is business equipment covered while in my vehicle?
  • Are all vehicle passengers covered by medical payments coverage?
  • When does my teenage driver need to be added to my policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What are the best liability limits?
  • Do I need replacement cost coverage on my 2014 Jaguar XJ?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It is quick, free and you can get the answers you need.

Specifics of your auto insurance policy

Understanding the coverages of your auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your 2014 Jaguar XJ.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive coverage – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as a broken windshield, hail damage and hitting a bird. The highest amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverages – Liability insurance will cover damages or injuries you inflict on people or other property. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability coverage protects against things such as funeral expenses, court costs and bail bonds. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as doctor visits, hospital visits and funeral costs. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

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

Collision coverage protects against claims like driving through your garage door, colliding with another moving vehicle, sideswiping another vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Final considerations

You just read a lot of information how to compare 2014 Jaguar XJ insurance prices online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may be surprised to find that the biggest savings come from a smaller regional carrier.

Cheap insurance is attainable both online as well as from independent agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies don’t offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

While you’re price shopping online, do not skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible for the lowest price, not the least amount of coverage.

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