2010 Jaguar XK Car Insurance Rates – 8 Tricks for Best Quotes

Want cheaper insurance rates for your Jaguar XK? If price shopping insurance online is new to you, it’s easy to get overwhelmed by the vast number of insurance companies selling insurance.

How to Lower Your Insurance Coverage Cost

Shopping for lower insurance coverage rates can be a lot of work if you aren’t aware of the fastest way to get free quotes. You can waste a few hours (or days) talking about coverages with agents in your area, or you could use the web to achieve your goal.

Most major companies participate in a marketplace where insurance shoppers submit one quote, and every company provides a quote. This eliminates the need for quotation requests to every company. To find out how much you’re overpaying now click here to start a free quote.

One minor caviat to using this type of form is that consumers can’t choose which insurance companies to receive prices from. So if you prefer to pick specific insurance companies for rate comparison, we have a page of companies who write insurance coverage in your area. Click here to view list.

It doesn’t matter which method you choose, just double check that you are using the exact same deductibles and coverage limits for each price quote. If you have differing limits it’s not possible to make an equal comparison. Having just a slight variation in limits can result in a big premium difference. Just keep in mind that comparing a large number of companies will enable you to find lower pricing.

Cut prices on Jaguar XK insurance

Companies that sell car insurance do not list every available discount very well, so here is a list both well-publicized as well as the least known insurance savings.

  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • New Car Discount – Putting insurance coverage on a new car can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Discount for Good Grades – Performing well in school can save 20 to 25%. The discount lasts until age 25.
  • Memberships – Being a member of a professional or civic organization is a good way to get lower rates when buying insurance for XK insurance.
  • Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • Fewer Miles Equal More Savings – Driving fewer miles can qualify you for a substantially lower rate.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts as compared to accident-prone drivers.
  • Auto/Life Discount – Larger companies have a break if you buy life insurance from them.

Drivers should understand that some credits don’t apply to the entire cost. Most only reduce specific coverage prices like medical payments or collision. So even though they make it sound like all those discounts means the company will pay you, you’re out of luck.

To see a list of companies with the best insurance discounts, click here.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there is no single plan that fits everyone. Every situation is different.

Here are some questions about coverages that might point out whether or not you may require specific advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What can I do if my company denied a claim?
  • Am I covered if I hit my neighbor’s mailbox?
  • Are my friends covered when driving my 2010 Jaguar XK?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Will I lose any money if I cancel my policy before it expires?
  • Should I rate my 2010 Jaguar XK as pleasure use or commute?

If it’s difficult to answer 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.

Don’t be fooled by advertising claims

Progressive, GEICO, Allstate and State Farm regularly use television and radio advertisements. All the companies say the same thing of big savings if you move to their company. How do they all claim to save you money? It’s all in the numbers.

All the different companies can use profiling for the driver that is profitable for them. For example, a profitable customer could be between 25 and 40, owns a home, and has excellent credit. A customer getting a price quote who fits that profile will get very good rates and therefore will pay quite a bit less when switching companies.

Drivers who don’t qualify for these standards will have to pay higher prices and this can result in the driver buying from a lower-cost company. Company advertisements say “people who switch” not “everyone that quotes” save that much. That’s the way insurance companies can make the claims of big savings. Because of the profiling, you absolutely need to compare as many rates as you can. It’s just too difficult to predict which insurance companies will fit your personal profile best.

Car insurance coverages for a 2010 Jaguar XK

Understanding the coverages of insurance helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Uninsured and underinsured coverage

This provides protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Jaguar XK.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for things like funeral costs, dental work, EMT expenses, hospital visits and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive coverages

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, a broken windshield, falling objects and theft. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

Collision coverage will pay to fix damage to your XK resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like colliding with another moving vehicle, hitting a mailbox, sideswiping another vehicle and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Liability coverage

Liability insurance provides protection from injuries or damage you cause to a person or their property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as structural damage, emergency aid and funeral expenses. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.

Quote often and quote early

Drivers leave their current company for any number of reasons including being labeled a high risk driver, not issuing a premium refund, delays in paying claims and even denial of a claim. It doesn’t matter why you want to switch finding the right auto insurance provider is pretty simple and you could end up saving a buck or two.

As you shop your coverage around, never buy less coverage just to save a little money. Too many times, an insured dropped uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at the best price.

We just showed you some good ideas how to compare 2010 Jaguar XK insurance prices online. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may be surprised to find that the best price on auto insurance is with a lesser-known regional company.

Helpful learning opportunities