Lower Your 2000 Jaguar XK-Series Insurance Rates

Want lower auto insurance rates for your Jaguar XK-Series? Wish you could get out of overpriced auto insurance? Trust us when we tell you many drivers have buyer’s remorse. Insurance companies such as Allstate, Progressive and Geico increase brand awareness with advertising and it is difficult to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

Smart consumers take time to get comparison quotes once or twice a year because insurance prices are constantly changing. Even if you think you had the lowest price for XK-Series insurance six months ago you will most likely find a better rate quote today. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

If you have a current insurance coverage policy or are just looking to switch companies, you can use this information to get lower rates while maintaining coverages. Buying car insurance is quite easy. Vehicle owners just need to understand how to get comparison rates online.

Are you getting every discount?

Auto insurance companies don’t list all their discounts very well, so we took the time to find some of the more common and also the lesser-known ways to save on insurance coverage.

  • Early Switch Discount – A few companies give discounts for buying a policy prior to your current policy expiration. You could save around 10% when you buy auto insurance online.
  • Data Collection Discounts – Drivers who elect to allow companies to spy on where and when they drive by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if their driving habits are good.
  • Distant Student – Any of your kids who are enrolled in higher education away from home and don’t have a car may be insured at a cheaper rate.
  • Good Student Discount – Getting good grades can save 20 to 25%. This discount can apply up until you turn 25.
  • Pay Early and Save – If you pay your bill all at once instead of paying each month you can avoid monthly service charges.
  • 55 and Retired – Seniors may qualify for a small discount on rates for XK-Series insurance.

Just know that most discounts do not apply to the entire policy premium. A few only apply to individual premiums such as liability, collision or medical payments. Just because you may think you can get free auto insurance, it doesn’t quite work that way.

A partial list of companies who might offer these discounts include:

Before you buy a policy, ask every insurance company how many discounts you can get. Some discounts listed above may not be offered everywhere. For a list of providers with the best insurance coverage discounts, click here to view.

Learn how to lower your insurance rates

Smart consumers have a good feel for some of the factors that go into determining the level of your policy premiums. If you understand what impacts premium levels, this enables informed choices that could result in much lower annual insurance costs. Many factors are taken into consideration when you get a price on insurance. Some factors are common sense such as your driving record, but others are less obvious like your vehicle usage and annual miles driven.

Shown below are a partial list of the pieces that factor into your rate level.

  • Less chance of injury means lower premiums – Safer cars cost less to insure. The safest vehicles have better occupant injury protection and lower rates of occupant injuries means lower claim amounts which can result in lower premiums. If the Jaguar XK-Series has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.
  • Prevent theft and save – Buying a car with anti-theft technology or alarm system can earn a premium discount. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms all aid in stopping car theft.
  • Car plus home equals more savings – Many insurance companies allow better rates to buyers that buy multiple policies, otherwise known as a multi-policy discount. If you currently are using one company, it’s always a smart idea to compare rates to ensure the best deal.
  • Liability preserves assets – A critical coverage on your policy, liability insurance will afford coverage when you are found liable for damages caused by your negligence. This coverage provides legal defense coverage to attempt to prove you were not liable. Liability is cheap compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
  • File policy claims and pay more – Car insurance companies generally give the best rates to insureds who file claims infrequently. If you are a frequent claim filer, you can definitely plan on increased rates or even have your policy non-renewed. Your car insurance is intended to be relied upon for more catestrophic claims.
  • Is you vocation costing you more? – Occupations such as judges, business owners and emergency personnel tend to have higher average rates attributed to intense work requirements and long work days. Conversely, careers like professors, engineers and homemakers pay lower than average rates for XK-Series insurance.
  • Maintain auto insurance coverage – Driving without insurance is illegal and as a result your rates will increase for letting your insurance coverage expire. Not only will you pay higher rates, failure to provide proof of insurance might get you fines or a revoked license.
  • Get better rates if married – Having a wife or husband can actually save you money when shopping for auto insurance. It may mean you are more mature and it’s statistically proven that married drivers tend to file fewer claims.

When in doubt talk to an agent

When it comes to choosing the right insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions could help you determine whether your personal situation would benefit from professional advice.

  • Am I covered when driving on a suspended license?
  • Do I have coverage when using my vehicle for my home business?
  • Is other people’s property covered if stolen from my vehicle?
  • Exactly who is provided coverage by my policy?
  • Do I need added coverage for expensive stereo equipment?
  • Where can I find high-risk insurance?
  • Is my state a no-fault state?
  • Am I covered when using my vehicle for business?
  • Do I need replacement cost coverage on my 2000 Jaguar XK-Series?
  • Am I covered by my spouse’s policy after a separation?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and may give you better protection.

Insurance specifics

Having a good grasp of your insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. These are the usual coverages found on most insurance policies.

Comprehensive coverage

This covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from flooding, a broken windshield, hail damage and rock chips in glass. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto liability

Liability insurance protects you from injuries or damage you cause to a person or their property. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against things like legal defense fees, structural damage and pain and suffering. How much coverage you buy is up to you, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Jaguar XK-Series.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as colliding with another moving vehicle, backing into a parked car, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for bills such as nursing services, hospital visits and EMT expenses. They are often used to fill the gap from 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 if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Be a penny pincher

A few companies don’t offer price quotes online and usually these small insurance companies sell through independent insurance agencies. Low-cost 2000 Jaguar XK-Series insurance can be found on the web as well as from independent agents, so you need to compare both to have the best rate selection.

We just presented some good ideas how to lower your 2000 Jaguar XK-Series insurance rates. The most important thing to understand is the more times you quote, the better likelihood of getting affordable auto insurance. You may even discover the biggest savings come from a company that doesn’t do a lot of advertising. These companies may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.

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