2013 Jaguar XK Car Insurance Cost – 7 Discounts for Cheapest Prices

Trying to find cheaper insurance rates for your Jaguar XK? Drivers that are new to shopping for insurance coverage online are likely to discover locating affordable insurance is nearly impossible.

It’s important to take a look at other company’s rates as often as possible because insurance prices fluctuate regularly. Even if you got the best deal for XK insurance on your last policy the chances are good that you can find a lower premium rate today. Ignore everything you know about insurance because you’re about to learn the best methods to lower your annual insurance bill.

If you currently have car insurance, you should be able to reduce your rates substantially using this information. Shopping for more affordable auto insurance is quite easy. But consumers benefit from understanding the methods companies use to price online insurance.

The fastest way that we advise to compare insurance rates from multiple companies is to know the trick most insurance companies provide online access to give you rate quotes. The one thing you need to do is provide a little information including how much school you completed, types of safety features, distance driven, and your job. Your rating data is then submitted to insurance carriers in your area and you get price estimates quickly.

Seven discounts to earn cheap insurance coverage rates

Insurance coverage is expensive, but you might already qualify for some discounts that can dramatically reduce your bill. Larger premium reductions will be automatically applied at quote time, but once in a while a discount must be specially asked for before being credited. If you are not receiving all the discounts possible, you are paying more than you should be.

• Drivers Ed for Students – Have your child participate in a local driver’s education class in school or through a local driver safety program.
• Telematics Devices – Policyholders that allow their insurance coverage company to look at vehicle usage by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they exhibit good driving behavior.
• Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may qualify for discounts of 20 to 30 percent.
• Defensive Driver Discounts – Taking part in a class that teaches safe driver techniques could earn you a small percentage discount and easily pay for the cost of the class.
• Theft Deterent System – Vehicles that have factory alarm systems and tracking devices help deter theft and qualify for as much as a 10% discount.
• Accident Waiver – Not necessarily a discount, but a few companies such as State Farm, Progressive and Geico will forgive one accident without raising rates if you are claim-free for a particular time prior to the accident.
• Sign Online – Some insurance coverage companies may give you up to $50 for buying a policy and signing up digitally online.

Policy discounts save money, but some of the credits will not apply to the entire policy premium. Most only cut the price of certain insurance coverages like comprehensive or collision. Just because you may think all those discounts means the company will pay you, you’re out of luck.

Large insurance coverage companies and their possible discounts are outlined below.

• Geico offers discounts for emergency military deployment, membership and employees, driver training, anti-lock brakes, and multi-policy.
• SAFECO has discounts for bundle discounts, anti-lock brakes, multi-car, teen safety rewards, safe driver, and anti-theft.
• State Farm discounts include safe vehicle, Steer Clear safe driver discount, driver’s education, anti-theft, defensive driving training, and multiple autos.
• MetLife offers premium reductions for good student, accident-free, claim-free, defensive driver, good driver, and multi-policy.
• 21st Century may have discounts that include air bags, early bird, teen driver, driver training, anti-lock brakes, and good student.
• Progressive offers discounts including online signing, online quote discount, good student, multi-vehicle, and multi-policy.

If you need low cost insurance quotes, ask every insurance company which discounts they offer. Depending on the company, some discounts may not apply to policies everywhere. If you would like to choose from a list of providers who offer discounts, follow this link.

Tailor your insurance coverage coverage to you

When buying proper insurance coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different.

For instance, these questions may help highlight if you would benefit from an agent’s advice.

• What is UM/UIM insurance?
• Do I need an umbrella policy?
• Will I lose any money if I cancel my policy before it expires?
• Can I make deliveries for my home business?
• Do I have coverage when pulling a U-Haul trailer?
• How can I get my company to pay me more for my totalled car?
• Are there companies who specialize in insuring high-risk drivers?
• What exactly is covered by my policy?
• Why is insurance for a teen driver so high?
• Is other people’s property covered if stolen from my vehicle?

If you can’t answer these questions then you might want to talk to an agent. To find lower rates from a local agent, complete this form.

Can you really save that much by switching?

Well-known auto insurance companies like Allstate, Geico and Progressive constantly bombard you with ads on television and other media. They all try to convey promises that people will save if you get a free insurance quote and switch to them. That’s great but how can every company sell you cheaper insurance coverage? This is the trick they use.

Different companies have an ideal profile for the right customer that is profitable for them. An example of a driver they prefer could possibly be between the ages of 30 and 45, has a clean driving record, and drives a vehicle with a low ISO rating. A customer who fits those characteristics will probably get cheap premium rates and will probably cut their rates if they switch.

Potential customers who do not fit the “perfect” profile will be charged higher premiums with the end result being the prospect going elsewhere. If you pay attention, the ads say “drivers that switch” not “everybody who quotes” save that much when switching. This is how companies can make claims like that.

This really illustrates why you should compare rate quotes every year. It’s not possible to predict which auto insurance company will give you the biggest savings.

Auto insurance coverage information

Learning about specific coverages of auto insurance can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverages – This pays for damage to your XK caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like colliding with a tree, backing into a parked car, hitting a mailbox and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive protection – This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as fire damage, theft, falling objects and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability coverage – Liability coverage can cover damages or injuries you inflict on people or other property by causing an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Some companies may use a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for things like medical services, emergency aid, repair costs for stationary objects, structural damage and legal defense fees. How much coverage you buy is your choice, but you should buy as much as you can afford.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Jaguar XK.

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. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits are similar to your liability insurance amounts.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for funeral costs, chiropractic care, ambulance fees and pain medications. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Do the work, save more money

As you shop your coverage around, it’s very important that you do not sacrifice coverage to reduce premiums. In many cases, someone dropped comprehensive coverage or liability limits only to regret that it was a big error on their part. Your strategy should be to purchase plenty of coverage at a price you can afford while still protecting your assets.

In this article, we presented many tips how you can lower your 2013 Jaguar XK insurance rates. It’s most important to understand that the more you quote insurance, the higher the chance of saving money. Consumers could even find that the lowest rates are with an unexpected company.

Affordable 2013 Jaguar XK insurance is available both online and from local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies may not offer internet price quotes and usually these smaller companies sell through independent agents.

More information

• Child Safety Seats (Insurance Information Insitute)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)