Compare 1993 Jaguar XJ-Series Insurance Quotes

Finding better rates for insurance can seem to be difficult for consumers not familiar with buying insurance online. You have so many options available that it can easily become more work than you anticipated to compare prices.

Consumers should take time to shop coverage around occasionally because prices are rarely the same from one policy term to another. Even if you think you had the best rates on XJ-Series coverage a couple years back a different company probably has better rates today. There is a lot of bad advice regarding insurance on the web, but by reading this article, you’re going to learn some good information on how to buy insurance cheaper.

Discounts are basically free money

The cost of insuring your cars can be expensive, but companies offer discounts that many people don’t even know exist. Certain discounts will be triggered automatically at the time of quoting, but some must be asked about before being credited.

  • Clubs and Organizations – Affiliation with a qualifying organization may earn a discount on car insurance on XJ-Series coverage.
  • Payment Method – If you pay your bill all at once rather than paying monthly you could save up to 5%.
  • Save over 55 – If you’re over the age of 55, you may be able to get a small decrease in premiums on XJ-Series coverage.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
  • Save with a New Car – Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on XJ-Series coverage than drivers with accident claims.

As a disclaimer on discounts, some credits don’t apply to all coverage premiums. The majority will only reduce specific coverage prices like liability, collision or medical payments. Even though it may seem like you could get a free car insurance policy, companies wouldn’t make money that way. But all discounts will bring down the cost of coverage.

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

Jaguar XJ-Series insurance rates have many determining factors

Consumers need to have an understanding of the factors that go into determining the rates you pay for insurance. Understanding what influences your rates enables informed choices that could result in better insurance rates.

  • Small claims can cost you – Companies generally give lower rates to drivers who are claim-free. If you tend to file frequent claims, you can pretty much guarantee either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for the large, substantial claims.
  • Being married is a good thing – Being married actually saves money on your insurance policy. Marriage translates into being more mature and it’s statistically proven that being married results in fewer claims.
  • Protect yourself with liability coverage – Liability coverage provides coverage if a jury decides you are liable for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Don’t get talked into coverage you don’t need – There are many additional coverages that can waste your money when buying insurance. Things like rental car reimbursement, accident forgiveness and additional equipment coverage are examples of these. These coverages may sound good at first, but now you might not need them so remove them from your policy.
  • More than one policy can earn a discount – Most insurers give discounts to insureds who buy several policies from them. It’s known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible. You may still be able to find a better deal by buying insurance from more than one company.
  • Don’t cancel a policy without a new one in place – Not having insurance is against the law and as a result your rates will increase for letting your coverage lapse. And not only will your rates increase, but being ticketed for driving with no insurance may earn you a steep fine or even jail time.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Careful drivers pay lower rates – Whether or not you get tickets impacts your car insurance rates tremendously. Only having one moving violation may increase your cost by twenty percent. Drivers with clean records get better rates than people who have multiple driving citations. Drivers with severe tickets like hit and run, DWI or reckless driving convictions are required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to drive a vehicle legally.
  • Do you work long hours in a high stress job? – Careers like judges, business owners and financial analysts are shown to have higher average rates attributed to stressful work requirements and long work days. Conversely, occupations such as pilots, engineers and retirees pay the least on XJ-Series coverage.

Which insurance is the “right” coverage?

When it comes to buying proper insurance coverage for your vehicles, there is no one size fits all plan. Every situation is different.

These are some specific questions might help in determining if your situation may require specific advice.

  • Is business equipment covered while in my vehicle?
  • What is medical payments coverage?
  • How much can I save by bundling my policies?
  • Does my 1993 Jaguar XJ-Series qualify for pleasure use?
  • Are split liability limits better than a combined single limit?
  • Why am I required to buy liability insurance?
  • Do I have coverage for damage caused while driving under the influence?
  • What happens if I owe more than my 1993 Jaguar XJ-Series is worth?
  • How high should deductibles be on a 1993 Jaguar XJ-Series?
  • Do I have coverage when making deliveries for my home business?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Buyer beware of car insurance advertising tricks

State Farm, Allstate and GEICO consistently run ads on TV and radio. All the companies make the same claim about savings if you change your policy. But how can every company say the same thing? It’s all in the numbers.

All companies have a certain “appetite” for the type of driver that earns them a profit. An example of a desirable insured could be a mature driver, owns a home, and drives less than 10,000 miles a year. A propective insured that hits that “sweet spot” will qualify for the lowest rates and therefore will save when they switch companies.

Potential customers who don’t meet the “perfect” profile must pay higher prices and this can result in the customer not buying. The ads say “drivers who switch” not “everybody who quotes” save that much. This is how insurance companies can make those claims.

This illustrates why you absolutely need to compare many company’s rates. You cannot predict which insurance companies will provide you with the cheapest Jaguar XJ-Series insurance rates.

Coverages available on your policy

Knowing the specifics of auto insurance helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision) – This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like damage from getting keyed, fire damage and damage from flooding. The most your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision – This will pay to fix damage to your XJ-Series from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as hitting a parking meter, colliding with another moving vehicle, hitting a mailbox, sideswiping another vehicle and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Protection from uninsured/underinsured drivers – This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these coverages are identical to your policy’s liability coverage.

Auto liability insurance – This will cover damage that occurs to other people or property in an accident. This insurance protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like legal defense fees, court costs, repair costs for stationary objects, structural damage and bail bonds. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Medical expense insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills for hospital visits, chiropractic care and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Get your money’s worth

You just learned many tips how you can reduce 1993 Jaguar XJ-Series insurance prices online. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the lowest rates come from the least-expected company.

Consumers leave their current company for any number of reasons including policy cancellation, unfair underwriting practices, denial of a claim and even lack of trust in their agent. Regardless of your reason for switching companies, finding a great new company is less work than it seems.

As you go through the steps to switch your coverage, you should never buy less coverage just to save a little money. There are too many instances where drivers have reduced physical damage coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage at an affordable rate.

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