View 2002 Jaguar XK-Series Insurance Quotes

Searching for better auto insurance rates for your Jaguar XK-Series? Having to pay for pricey auto insurance can drain your accounts and put the squeeze on your family’s finances.

Many insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurers and uncover the absolute lowest cost out there.

It’s important to get comparison quotes periodically because auto insurance prices change regularly. Just because you had the best rates for XK-Series insurance a few years ago there may be better deals available now. Ignore everything you know about auto insurance because you’re going to get a crash course in the best methods to find lower rates on auto insurance.

If you are paying for car insurance now, you stand a good chance to be able to cut costs considerably using these methods. Buying car insurance is not rocket science. But car owners should learn the methods companies use to market on the web.

Five factors that influence insurance premiums

Smart consumers have a good feel for the rating factors that play a part in calculating the price you pay for auto insurance. If you understand what influences your rates, this allows you to make good choices that may result in lower rates.

The following are some of the most common factors used by companies to determine prices.

  • Drive less and get lower prices – The more you drive annually the more you’ll pay to insure your vehicle. Most companies price each vehicle’s coverage determined by how the vehicle is used. Autos that do not get driven very much get more affordable rates as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your XK-Series is throwing money out the window. Ask your agent if your auto insurance policy is rated on annual mileage.
  • Males pay more for auto insurance – The statistics show that men are more aggressive behind the wheel. This data doesn’t prove that men are WORSE drivers than women. They both cause fender benders in similar numbers, but the males tend to have higher claims. Men also tend to get ticketed for serious violations such as DWI and reckless driving.
  • Insurance companies don’t like frequent insurance claims – Car insurance companies generally give better rates to insureds who file claims infrequently. If you’re an insured who likes to file claims you can definitely plan on much higher rates or policy non-renewal. Your car insurance is intended for claims that you cannot pay yourself.
  • Do you really need the incidental coverages? – Insurance policies have a lot of additional extra coverages that can add up if you aren’t careful. Insurance for personal injury protection, better glass coverage, and extra life insurance coverage are some examples. They may seem like a good idea when you first buy your policy, but now you might not need them so eliminate the coverages to reduce your premium.
  • Lower rates by increasing coverage deductibles – Your deductibles tell how much you are willing to pay if you file a covered claim. Insurance for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of covered claims are colliding with a stationary object, damage caused by hail, and having a roll-over accident. The larger the amount you have to pay, the less your company will charge you for insurance for XK-Series insurance.

Discounts for cheap car insurance rates

Insuring your vehicles can cost a lot, but companies offer discounts that can drop the cost substantially. Some of these disounts will be visible when you quote, but a few must be manually applied before you get the savings.

  • Military Discounts – Being deployed with a military unit could mean lower prices.
  • Distant Student Discount – who live away from home at college and don’t have a car may be able to be covered for less.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in school or through a local driver safety program.
  • Multiple Policy Discount – If you insure your home and vehicles and insure them both with the same insurance company you could earn a discount of nearly 15% which can help you find inexpensive car insurance.
  • Air Bag Discount – Cars that have air bags could see savings up to 30%.
  • Low Mileage – Fewer annual miles on your Jaguar could qualify for substantially lower premium rates.

A little disclaimer on discounts, many deductions do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

If you would like to choose from a list of car insurance companies that provide some of the discounts listed above, click here to view.

You may need specialized car insurance coverage

When it comes to buying coverage, there really is not a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might help in determining if your insurance needs may require specific advice.

  • What exactly is covered by my policy?
  • Do I need motorclub coverage?
  • When should I not file a claim?
  • Do I have any recourse if my insurance company denies a claim?
  • Am I missing any policy discounts?
  • What if I total my 2002 Jaguar XK-Series and owe more than it’s worth?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Educate yourself about auto insurance coverages

Knowing the specifics of a auto insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages available from auto insurance companies.

Coverage for medical expenses – Med pay and PIP coverage pay for expenses such as prosthetic devices, surgery, pain medications and ambulance fees. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Comprehensive auto insurance – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as falling objects, theft, damage from a tornado or hurricane, hail damage and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverage – This covers damage to your XK-Series from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like hitting a mailbox, sideswiping another vehicle, scraping a guard rail and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also raise the deductible to bring the cost down.

Auto liability insurance – This protects you from damage that occurs to other’s property or people. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle 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 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things like court costs, attorney fees and funeral expenses. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2002 Jaguar XK-Series.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Be a penny pincher

Cheaper auto insurance can be found online and also from your neighborhood agents, so you should be comparing quotes from both to have the best chance of lowering rates. A few companies do not offer price quotes online and these small insurance companies provide coverage only through independent agents.

You just learned many ways to compare 2002 Jaguar XK-Series insurance premium rates online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your prices. Drivers may discover the most savings is with a small mutual company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Geico and State Farm.

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