Save on 2002 Jaguar XK-Series Insurance Rates

Have you fallen victim to an overpriced insurance coverage policy? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Insurance companies such as State Farm, GEICO and Farmers Insurance continually bombard you with ads and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.

If you are insured now or need a new policy, you will benefit by learning to reduce the price you pay and still get good coverage. Finding the best rates is quite easy. Vehicle owners only need an understanding of how to find the lowest price online.

Do you qualify for discounts?

Car insurance is not cheap, but you may find discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you quote, but a few need to be manually applied in order for you to get them. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Anti-theft Discount – Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for reduced rates on XK-Series insurance.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.
  • Organization Discounts – Being a member of a professional or civic organization is a good way to get lower rates on your policy on XK-Series insurance.
  • Multiple Cars – Buying coverage for all your vehicles on one policy can get a discount on all vehicles.
  • No Charge for an Accident – A handful of insurance companies will forgive one accident before your rates go up if your claims history is clear for a particular time prior to the accident.
  • Life Insurance Discount – Larger companies have better rates if you take out auto and life insurance together.
  • Federal Government Employee – Active or retired federal employment can earn a discount up to 10% on XK-Series insurance with certain companies.
  • Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates on XK-Series insurance than their less cautious counterparts.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Jaguar could be rewarded with a substantially lower rate.

Drivers should understand that some credits don’t apply to the entire policy premium. Most cut the cost of specific coverages such as comprehensive or collision. Just because it seems like it’s possible to get free car insurance, it just doesn’t work that way. But any discount will reduce your premiums.

For a list of companies who offer insurance discounts, click here to view.

How to Compare Insurance

Finding lower insurance rates is not a difficult process. Just take a couple of minutes to get quotes online with multiple companies. It is quite easy and can be accomplished in several different ways.

  1. The most efficient way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This method eliminates the need for boring form submissions for each company. Filling out one form gets you price quotes from many national carriers.
  2. A slightly less efficient method to find lower rates is spending the time to visit the website for every company you want to comare and fill out their own quote form. For examples sake, let’s assume you want to compare USAA, State Farm and Allstate. To find out each rate you need to spend time on each company’s site and enter your information, which is why most consumers use the first method. To view a list of companies in your area, click here.
  3. The hardest way to compare rates is driving to and from local insurance agencies. The internet has reduced the need for local agents unless you require the personal advice only provided by licensed agents. However, consumers can get prices online and get advice from an agent in your area and we’ll talk about that later.

Which method you use is up to you, but make absolute certain that you use the exact same quote information for every quote you compare. If your comparisons have higher or lower deductibles then you won’t be able to determine the lowest rate for your Jaguar XK-Series.

Don’t assume everyone needs the same coverage

When choosing the best insurance coverage, there really is no “best” method to buy coverage. Every situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.

  • Am I covered when delivering products for my home-based business?
  • Can my teen drive my company car?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Am I covered when pulling a rental trailer?
  • What is covered by UM/UIM coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • What can I do if my company won’t pay a claim?
  • Are my friends covered when driving my 2002 Jaguar XK-Series?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Car insurance 101

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages found on the average insurance policy.

Comprehensive coverages – This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, falling objects and hitting a deer. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since 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 a good idea. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for pain medications, doctor visits, prosthetic devices, funeral costs and chiropractic care. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

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

Collision coverage pays for claims like driving through your garage door, hitting a parking meter and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.

Liability auto insurance – Liability insurance will cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as structural damage, pain and suffering, bail bonds, legal defense fees and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Get your money’s worth

Cheaper 2002 Jaguar XK-Series insurance can be found both online in addition to many insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies do not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

We just presented a lot of techniques to get a better price on insurance. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the lowest rates come from a small local company. Regional companies often have lower prices on specific markets than the large multi-state companies such as Progressive and GEICO.

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