2006 Jaguar S-Type Insurance Rates – 8 Ways to Save

Trying to find cheaper car insurance rates for your Jaguar S-Type? I can’t think of anyone who looks forward to paying premiums for car insurance, in particular when the price is too high.

Big companies like State Farm, Geico and Farmers Insurance constantly blast consumers with ad campaigns and it is challenging if not impossible to see past the geckos and flying pigs and find the best price available.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Choosing the best insurance company for you is not rocket science. But drivers must understand how the larger insurance companies price insurance differently.

Get affordable rates by applying these eight discounts

Some providers don’t always publicize their entire list of discounts very clearly, so the following list contains a few of the more well known in addition to some of the lesser obvious discounts that may be available. If you are not receiving all the discounts you deserve, you could be saving more on your insurance.

  • Early Renewal Discounts – A few insurance companies offer discounts for signing up prior to your current policy expiration. It’s a savings of about 10%.
  • Military Rewards – Having an actively deployed family member could qualify you for better insurance rates.
  • Accident Forgiveness – but some companies like Libery Mutual, Geico and Allstate may permit one accident before raising your premiums so long as you haven’t had any claims for a specific time period.
  • Good Students Pay Less – Excelling in school can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • Own a Home – Simply owning a home can earn you a little savings due to the fact that maintaining a home is proof of financial responsibility.
  • Low Miles Discount – Maintaining low annual mileage could earn lower insurancerates due to less chance of an accident.
  • Senior Citizen Rates – If you qualify as a senior citizen, you could receive a small decrease in premiums on S-Type insurance.
  • Employee of Federal Government – Active or retired federal employment can save as much as 8% on S-Type insurance with a few insurance companies.

Consumers should know that many deductions do not apply to the entire cost. Some only apply to individual premiums such as liability and collision coverage. Even though it may seem like you could get a free insurance policy, it’s just not the way it works. Any qualifying discounts should help lower the premium cost.

To locate insurance companies with discount rates, follow this link.

Your auto insurance coverage should be tailored to you

When it comes to buying the right insurance coverage for your vehicles, there really is not a best way to insure your cars. Every situation is different so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs might need professional guidance.

  • Do I need roadside assistance coverage?
  • Am I getting all the discounts available?
  • Am I insured when driving a different vehicle?
  • What is the rate difference between pleasure use and commuting?
  • When do I need to add a new car to my policy?
  • Can I rent a car in Mexico?
  • How can I get my company to pay me more for my totalled car?
  • Am I covered when driving a rental car?

If you’re not sure about those questions 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 auto insurance companies in your area.

Educate yourself about insurance coverages

Knowing the specifics of your insurance policy aids in choosing the right coverages and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on the average insurance policy.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP reimburse you for bills for dental work, chiropractic care, prosthetic devices, hospital visits and EMT expenses. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Collision coverage – This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, scraping a guard rail, colliding with a tree and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability auto insurance – This will cover injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as legal defense fees, loss of income and emergency aid. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage – This coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Jaguar S-Type.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Comprehensive coverage – This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as falling objects, vandalism and hitting a bird. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Smart consumers save more

In this article, we covered a lot of techniques to get a better price on 2006 Jaguar S-Type insurance. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding inexpensive auto insurance. You may even find the lowest premium rates come from some of the lesser-known companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Progressive and Geico.

When you buy auto insurance online, make sure you don’t reduce coverage to reduce premium. In many instances, someone dropped full coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at an affordable rate while still protecting your assets.

Other learning opportunities