How Much Does 1998 Jaguar XJR Car Insurance Cost?

People who are new to buying insurance online will find finding low-cost car insurance is not as easy as it seems.

You should take the time to shop coverage around periodically because rates are constantly changing. If you had the lowest price on XJR insurance a year ago the chances are good that you can find a lower rate today. There is too much inaccurate information about car insurance online but we’re going to give you some great ways to stop overpaying for insurance.

If you have car insurance now, you will be able to lower your premiums substantially using this strategy. The purpose of this article is to tell you the best way to quote coverages and some tricks to saving. Nevertheless, consumers do need to know how companies sell online and use this information to your advantage.

How to Lower Your Insurance Cost

There are several ways to get quotes from insurance companies in your area. The quickest method to compare 1998 Jaguar XJR insurance prices is to use the internet to compare rates. This can be accomplished in several different ways.

  • The easiest and least time consuming way to get quotes would be an industry-wide quote request form click to view form in new window. This easy form saves time by eliminating separate quotes for each company you want a rate for. A single form will get you price quotes direct from many companies. It’s the fastest way to compare.
  • A more time consuming way to shop for insurance online requires a trip to each company’s website and fill out their own quote form. For examples sake, we’ll assume you want rates from Allstate, Esurance and GEICO. You would have to go to every website and enter your information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but double check that you are using apples-to-apples coverage information for each comparison quote. If you use unequal deductibles or liability limits it will be very difficult to determine the best price for your Jaguar XJR. Quoting even small variations in coverage limits can result in a big premium difference. Just remember that comparing a large number of companies will enable you to find the best rates.

Policy discounts you shouldn’t miss

Companies that sell car insurance don’t always list all available discounts in an easy-to-find place, so the following is a list of some of the best known and the more hidden savings tricks you should be using.

  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off on XJR insurance with a few insurance companies.
  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Passive Restraints – Vehicles with factory air bags or motorized seat belts can qualify for discounts of up to 25% or more.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks just for signing your application online.
  • Multi-car Discount – Buying insurance for more than one vehicle on one policy may reduce the rate for each vehicle.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Life Insurance Discount – Some companies give lower rates if you buy a life insurance policy as well.
  • New Car Discount – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
  • Homeowners Savings – Being a homeowner can save you money because maintaining a house requires personal responsibility.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears you could get a free insurance policy, companies don’t profit that way.

To see a list of providers with discount insurance rates, follow this link.

Insurance agents can help

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different.

For instance, these questions could help you determine whether your personal situation will benefit from professional help.

  • Should I have a commercial auto policy?
  • What is PIP insurance?
  • Do I have coverage for damage caused while driving under the influence?
  • When should I drop full coverage on my 1998 Jaguar XJR?
  • When should I not file a claim?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Jaguar XJR insurance rates consist of many parts

Smart consumers have a good feel for the different types of things that play a part in calculating car insurance rates. When you know what positively or negatively determines base rates enables informed choices that will entitle you to much lower annual insurance costs.

Shown below are some of the factors car insurance companies consider when setting prices.

  • Never allow your policy to lapse – Driving without insurance is illegal and you will pay a penalty because you let your insurance expire. And not only will your rates increase, but being ticketed for driving with no insurance might get you a steep fine or even jail time.Then you may be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Your location is important – Residing in a rural area can save you money when insuring your vehicles. Urban drivers have to deal with traffic congestion and much longer commute distances. Fewer people means reduced accidents.
  • High deductibles save money – Insurance for physical damage to your car, also known as collision and other-than-collision, protects your Jaguar from damage. Some instances where coverage would apply are a windshield shattered by a rock, damage from fire, and windstorm damage. Physical damage deductibles are the amount of money you are required to spend before your car insurance pays a claim. The more you are required to pay out-of-pocket, the lower your rates will be on XJR insurance.
  • Occupation reflects on rates – Careers like doctors, architects and financial analysts tend to pay higher average rates in part from stressful work requirements and long work hours. Conversely, occupations like farmers, engineers and the unemployed have the lowest average rates on XJR insurance.

Detailed coverages of your insurance policy

Knowing the specifics of your insurance policy can help you determine the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as surgery, X-ray expenses, rehabilitation expenses and hospital visits. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, falling objects and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your 1998 Jaguar XJR.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.


Liability coverage can cover damage or injury you incur to other’s property or people in an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims like legal defense fees, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Auto collision coverage

Collision insurance covers damage to your XJR caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as scraping a guard rail, sideswiping another vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Never pay more for less

Discount 1998 Jaguar XJR insurance can be sourced both online and with local insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance providers do not offer online price quotes and these small, regional companies work with independent agents.

People switch companies for a number of reasons such as policy non-renewal, high prices, policy cancellation or even denial of a claim. No matter why you want to switch, finding a new company is not as difficult as it may seem.

We just showed you quite a bit of information on how to shop for insurance online. The key thing to remember is the more companies you get rates for, the higher the chance of saving money. You may even find the lowest rates come from a lesser-known regional company.

For more information, take a look at the resources below: