2005 Jaguar XK-Series Insurance Rates – 8 Policy Discounts

Searching for cheaper auto insurance rates for your Jaguar XK-Series? Nobody that owns a car looks forward to buying auto insurance, in particular when it costs too dang much. Because you have many options, it’s nearly impossible to find the cheapest insurance company.

Buying car insurance is not that difficult. If you have a current car insurance policy or need new coverage, you can use this information to cut your premiums and possibly find even better coverage. Vehicle owners just need to understand the most effective way to compare rates over the internet.

Get cheaper insurance coverage with discounts

Some providers don’t necessarily list the entire discount list in an easy-to-find place, so the next list breaks down a few of the more well known and the more hidden ways to save on insurance coverage.

  • Seat Belt Usage – Requiring all passengers to use their safety belts can save a little off the PIP or medical payment premium.
  • First Accident Forgiveness – Not really a discount, but some insurance companies will let one accident slide without raising rates so long as you are claim-free before the accident.
  • Driving Data Discount – Insureds who allow data collection to spy on driving habits by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as the data is positive.
  • College Student – who are enrolled in a college that is more than 100 miles from home and do not have a car may qualify for this discount.
  • Full Payment Discount – If you pay your entire premium ahead of time instead of paying each month you can avoid the installment charge.
  • Anti-lock Brake Discount – Cars and trucks with ABS and/or traction control can stop better under adverse conditions and the ABS can save up to 10%.
  • Discounts for New Vehicles – Buying coverage on a new vehicle can cost up to 25% less compared to insuring an older model.
  • Multiple Vehicles – Buying coverage for multiple cars with the same insurance coverage company can reduce the rates for all insured vehicles.

A quick disclaimer, many deductions do not apply to the entire policy premium. Most cut the price of certain insurance coverages like medical payments or collision. So when it seems like you could get a free insurance coverage policy, it doesn’t quite work that way.

The best insurance coverage companies and their offered discounts are outlined below.

  • State Farm has savings for student away at school, Drive Safe & Save, good student, accident-free, and defensive driving training.
  • Esurance includes discounts for good driver, DriveSense, online shopper, paid-in-full, defensive driver, Switch & Save, and anti-lock brakes.
  • Progressive may have discounts that include online signing, homeowner, continuous coverage, good student, and online quote discount.
  • Liberty Mutual may offer discounts for hybrid vehicle, new vehicle discount, multi-policy, teen driver discount, and newly retired.
  • Auto-Owners Insurance offers discounts for multiple vehicles, mature driver, paperless, teen driver, and multi-policy.
  • Geico offers premium reductions for anti-lock brakes, military active duty, daytime running lights, defensive driver, multi-vehicle, multi-policy, and anti-theft.

Double check with each company or agent what discounts are available to you. Some credits may not be offered in your state. For a list of insurance companies with the best discounts, click this link.

How to get insurance coverage quotes

Comparing insurance coverage rates can take hours if you don’t know the fastest way to get free quotes. You could spend your day discussing policy coverages with local insurance agents in your area, or you could save time and use the web to get pricing more quickly.

Many popular insurance companies belong to an insurance system that allows shoppers to only type in their quote data once, and each company returns a competitive quote based on that data. This system prevents you from having to do form submissions to each company.

To participate in this free quote system, click to open in new window.

The only drawback to using this type of form is you are unable to specify which carriers you want to price. So if you want to choose from a list of companies to receive pricing from, we have a listing of insurance coverage companies in your area. Click here to view list.

However you get your quotes, do your best to use exactly the same quote data with each company. If you are comparing unequal deductibles or liability limits you will not be able to make a fair comparison for your Jaguar XK-Series.

Tailor your insurance coverage coverage to you

When buying adequate coverage, there really is not a single plan that fits everyone. Every insured’s situation is different and your policy should reflect that. For instance, these questions may help you determine if your situation will benefit from professional help.

  • What is PIP insurance?
  • Do I have any recourse if my insurance company denies a claim?
  • Should I buy only the required minimum liability coverage?
  • How can I find cheaper teen driver insurance?
  • Should I bundle my homeowners policy with my auto?
  • When can I cancel my policy?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and you can get the answers you need.

Coverage specifics

Learning about specific coverages of auto insurance can be of help when determining the right coverages for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types available from auto insurance companies.

Collision – This coverage covers damage to your XK-Series resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with another moving vehicle, colliding with a tree, backing into a parked car and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Medical costs insurance – Coverage for medical payments and/or PIP kick in for immediate expenses such as doctor visits, prosthetic devices, dental work, X-ray expenses and pain medications. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage – Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Jaguar XK-Series.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability insurance – Liability coverage will cover damage or injury you incur to other’s property or people in an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for things like repair costs for stationary objects, emergency aid, repair bills for other people’s vehicles, medical services and bail bonds. How much liability should you purchase? That is up to you, but you should buy higher limits if possible.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as theft, fire damage and hail damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Online plus local equals savings

As you quote insurance, it’s a bad idea to reduce needed coverages to save money. In too many instances, an insured dropped collision coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy a smart amount of coverage at the best possible price, but don’t skip important coverages to save money.

Cheaper insurance coverage can be found from both online companies and with local insurance agents, and you should compare price quotes from both so you have a total pricing picture. A few companies don’t offer internet price quotes and these small insurance companies provide coverage only through independent insurance agencies.

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Comments About 2005 Jaguar XK-Series Insurance

  1. Zena Terrell

    Thought I’d throw in my experience. Lifelong resident of Minneapolis, MN. Compared quite a few companies. Saved about $70 a month. State Farm was the cheapest for me. Got better coverage too.

  2. Gabriel Black

    If you’re a decent driver and live around Milwaukee, WI, check out 21st Century. You might get cheaper rates. I get multi-vehicle and multi-policy discounts. It was easy to get rates.

  3. Larry Howard

    Lots of good stuff here. From northwest of Kansas City, MO. Got car insurance prices from State Farm, Eastwood, and The General for my 2005 Jaguar XK-Series and am saving around $250 a year. A clean driving record helps. They were helpful in switching over.

  4. Carrol Baker

    If you’re around Augusta, GA try Allstate and Progressive and see which is cheaper.

  5. Anthony Whitehead

    Good site, thanks. I’m from Charlotte, NC. I got free quotes with Auto-Owners, MetLife, and USAA for my 2005 Jaguar XK-Series and saved $140 a year.

  6. Shona Barker

    Thought I’d throw in my experience. I’m just west of Hilo, HI. Compared rates from a lot of places. Saved roughly $70 a month. Progressive was the cheapest option for me. Switched homeowners coverage too.

  7. Sheridan Woods

    Affordable car insurance is a myth. I live in South Burlington, VT. Can’t remember who all I quoted but I ended up saving about $30 each month. Insured with Amica before.

  8. Erika Mcconnell

    I’ve insured with GEICO for a long time. Pretty cheap in Honolulu, Hawaii.

  9. Herschel Collins

    I got decent rates for a 2005 Jaguar XK-Series in Bridgeport, CT. Ended up at darn near $240 every six months with Auto-Owners. Just waiting to see how claims go.