2004 Jaguar XK-Series Insurance Quotes

If you’ve never shopped for insurance coverage quotes online, you can easily be confused thanks to all the different types of insurance providers competing for your business.

Discounts to earn lower-cost auto insurance rates

Insuring your fleet can be pricey, but companies offer discounts that can drop the cost substantially. Certain discounts will be triggered automatically at the time you complete a quote, but some need to be requested specifically before you will receive the discount. If you do not double check each discount you deserve, you may be paying too high a price.

  • Senior Citizen Discount – If you qualify as a senior citizen, you may be able to get a small decrease in premiums for XK-Series coverage.
  • Student Discount for Driver Training – Teen drivers should complete a driver education course as it will make them better drivers and lower rates.
  • Sign Online – Some of the larger companies may give you up to $50 just for signing your application digitally online.
  • Lower Rates for Military – Being deployed in the military may lower your premium rates slightly.
  • Telematics Devices – Insureds who allow their insurance company to analyze driving manner remotely such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if they exhibit good driving behavior.

Don’t be shocked that most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will cut the cost of your policy.

Companies and a summarized list of policyholder discounts include:

  • GEICO includes discounts for emergency military deployment, membership and employees, daytime running lights, seat belt use, driver training, good student, and federal employee.
  • Mercury Insurance has discounts for multi-car, type of vehicle, annual mileage, anti-theft, good student, and age of vehicle.
  • Farmers Insurance has savings for good student, bundle discounts, electronic funds transfer, homeowner, business and professional, and switch companies.
  • Auto-Owners Insurance offers discounts for anti-lock brakes, teen driver, paperless, anti-theft, and mature driver.
  • Liberty Mutual may offer discounts for good student, newly married, preferred payment discount, safety features, new move discount, and newly retired.
  • SAFECO may include discounts for teen safety rewards, bundle discounts, multi-car, accident prevention training, drive less, safe driver, and anti-theft.
  • Progressive may have discounts that include multi-policy, online signing, multi-vehicle, continuous coverage, and homeowner.
  • USAA policyholders can earn discounts including family discount, multi-vehicle, annual mileage, safe driver, defensive driver, and good student.

Before buying, ask all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts might not be available to policyholders in your area. To choose insurance companies offering auto insurance discounts, click this link.

Get cheaper insurance premiums by understanding these factors

Many things are used when you quote your car insurance policy. A few of the factors are predictable like an MVR report, but others are less apparent such as your credit history or your commute time.

  • Lower rates with continuous auto insurance coverage – Driving any period of time without insurance is a big no-no and you will pay a penalty because you let your insurance coverage expire. Not only will rates go up, being ticketed for driving with no insurance may earn you a fine, jail time, or a revoked license.
  • Single drivers take more risk – Getting married can get you a discount on auto insurance. It translates into being more mature and responsible it has been statistically shown that married drivers tend to file fewer claims.
  • Don’t abuse auto insurance claims – If you are a frequent claim filer, you can expect increased rates or even have your policy non-renewed. Companies award most affordable rates to insureds who are not frequent claim filers. Insurance coverage is designed for claims that pose a financial burden.
  • Guys tend to take more risk – Statistics have proven that men are more aggressive behind the wheel. It does not mean men are WORSE drivers than women. Both sexes have at-fault accidents at a similar rate, but the men tend to have higher claims. Not only that, but men also get higher numbers of serious violations like DUI and reckless driving. Young men ages 16 to 20 are most likely to cause an accident and therefore are the most expensive to insure.
  • Liability insurance limits should be high – Your policy’s liability coverage provides coverage if ever you are responsible for causing damage or personal injury in an accident. Liability insurance provides for a legal defense starting from day one. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
  • Safety first – Cars with five star safety ratings tend to be cheaper to insure. The safest vehicles protect occupants better and better occupant protection translates into savings for insurance companies and cheaper rates on your policy.

Tailor your car insurance coverage to you

When it comes to buying coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is unique.

For example, these questions can help discover whether or not you might need professional guidance.

  • If my pet gets injured in an accident are they covered?
  • I have health insurance so do I need medical payments coverage?
  • Do I have coverage for damage caused while driving under the influence?
  • How much can I save by bundling my policies?
  • Why am I required to get a high-risk car insurance policy?
  • When should I not file a claim?
  • Where can I get insurance after a DUI in my state?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form.

Smaller companies may have the best rates

Insurance providers like GEICO, State Farm and Progressive regularly use television, radio, and online ads. All the companies advertise claims of big savings if you switch to them. That’s great but how can every company claim to save you money? It’s all in the wording.

Many companies have underwriting criteria for the type of insured they prefer to insure. For example, a profitable risk profile might be over age 30, has never had a claim, and drives less than 10,000 miles a year. A customer who fits that profile will get very good car insurance rates and have a good chance to save quite a bit of money when switching.

Drivers who cannot meet these criteria may receive higher prices with the end result being the prospect going elsewhere. The wording the ads use say “customers that switch” but not “everyone who gets a quote” save money. This is how companies can truthfully claim big savings.

This illustrates why you really need to compare free insurance coverage quotes often. It is just not possible to predict with any certainty which company will have the lowest rate quotes.

Auto insurance 101

Knowing the specifics of your car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Comprehensive auto coverage – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hitting a bird, theft, hitting a deer, fire damage and hail damage. The maximum payout 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 not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Jaguar XK-Series.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these coverages are identical to your policy’s liability coverage.

Collision coverage – This pays for damage to your XK-Series resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, hitting a parking meter and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for EMT expenses, doctor visits, pain medications and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Coverage for liability – This provides protection from damage that occurs to a person or their property that is your fault. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has 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 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Occasionally you may see a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as medical expenses, bail bonds and structural damage. How much coverage you buy is up to you, but consider buying as large an amount as possible.

What is YOUR best insurance company?

We just presented a lot of ways to save on 2004 Jaguar XK-Series insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your auto insurance rates. Consumers could even find that the most savings is with a company that doesn’t do a lot of advertising.

Some car insurance companies do not offer internet price quotes and usually these smaller providers sell through independent agents. Lower-priced car insurance is possible from both online companies and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates.

Consumers change insurance companies for a number of reasons such as extreme rates for teen drivers, denial of a claim, high prices or policy cancellation. It doesn’t matter what your reason, choosing a new company is not as hard as you think.

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