2008 Jaguar XK-Series Insurance Quotes

No one enjoys paying for insurance coverage, in particular when they are paying too much.

Since consumers have many insurance companies to choose from, it’s difficult to find the cheapest insurance company.

You need to do rate comparisons periodically since insurance rates are usually higher with each renewal. Just because you found the best deal on XK-Series insurance two years ago you can probably find a lower rate today. There is too much inaccurate information about insurance coverage online, so I’m going to show you a lot of great tips on how to find cheap insurance coverage.

Get lower rates on 2008 Jaguar XK-Series insurance

Insurance can cost an arm and a leg, but discounts can save money and there are some available that you may not even be aware of. Some trigger automatically when you purchase, but some must be inquired about in order for you to get them.

  • Discounts for Safe Drivers – Safe drivers may save up to 50% more on XK-Series insurance than their less cautious counterparts.
  • Theft Prevention Discount – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Low Mileage Discounts – Keeping the miles down on your Jaguar can earn a substantially lower rate.
  • Senior Citizens – Mature drivers can possibly qualify for reduced rates on XK-Series insurance.
  • No Claims – Drivers who don’t have accidents can earn big discounts when compared to accident-prone drivers.

As a disclaimer on discounts, most discounts do not apply to the entire cost. Most only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like you can get free auto insurance, it just doesn’t work that way. Any amount of discount will cut your overall premium however.

To see a list of insurers who offer auto insurance discounts, click this link.

Finding Car Insurance Deals

When shopping for car insurance there are multiple ways to compare rate quotes from different insurance companies. The easiest way to find the cheapest 2008 Jaguar XK-Series insurance rates is to get quotes online. This can be done in just a few minutes using one of these methods.

  1. One of the best ways consumers can analyze rates would be an industry-wide quote request form like this one (opens in new window). This easy form saves time by eliminating separate forms for every car insurance company. A single, simple form gets you price quotes from multiple low-cost companies.
  2. Another way to compare prices requires you to visit each individual company website and request a quote. For sake of this example, let’s say you want comparison quotes from Liberty Mutual, State Farm and Progressive. To get rate quotes you would need to take the time to go to each site and enter your information, and that’s why the first method is more popular. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but make darn sure you compare apples-to-apples quote information on every quote. If you are comparing unequal deductibles or liability limits it will be impossible to find the best deal for your Jaguar XK-Series. Having just a slight variation in insurance coverages can result in a big premium difference. It’s important to know that more quotes provides better odds of finding a lower rate.

Why your Jaguar XK-Series might be costing you more

An important part of buying insurance is that you know the rating factors that help determine the price you pay for insurance coverage. Having a good understanding of what controls the rates you pay enables informed choices that could result in lower insurance coverage prices.

  • High crash test scores lower rates – Vehicles with high crash test scores get lower rates. Safe vehicles have better occupant injury protection and fewer injuries translates into savings for insurance companies and more competitive rates for policyholders. If your Jaguar has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Equipment add-ons that lower insurance coverage rates – Purchasing a vehicle with a theft deterrent system can get you a discount on your insurance coverage. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
  • Consolidate policies to earn discounts – Some insurers provide better rates to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible.
  • Proper usage rating affects rates – The more miles you rack up on your Jaguar every year the higher your rate. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Autos left parked in the garage receive lower rates compared to those used for work or business. Make sure your insurance coverage policy shows how each vehicle is driven, because improper ratings can cost you money. If your policy improperly rates your XK-Series may be wasting your money.
  • Big city or small town – Choosing to live in small towns and rural areas has it’s advantages when it comes to insurance coverage. Lower population translates into fewer accidents. Drivers in populated areas have to deal with congested traffic and longer commutes to work. More time on the road can result in more accidents.
  • Clean credit earns discounts – A driver’s credit score is a important factor in your rate calculation. If your credit rating is lower than you’d like, you could save money insuring your 2008 Jaguar XK-Series by spending a little time repairing your credit. Drivers with high credit scores tend to file fewer claims and have better driving records as compared to drivers with poor credit.
  • Too many insurance coverage claims drive up costs – If you are a frequent claim filer, you can pretty much guarantee higher rates. Insurance companies award cheaper rates to people who are claim-free. Insurance coverage is intended for the large, substantial claims.

Tailor your coverage to you

When buying proper insurance coverage, there really is no best way to insure your cars. Every insured’s situation is different and your policy should reflect that. For instance, these questions may help highlight whether or not you may require specific advice.

  • Should I waive the damage coverage when renting a car?
  • Am I covered when using my vehicle for business?
  • What vehicles should carry emergency assistance coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Are my friends covered when driving my 2008 Jaguar XK-Series?
  • How high should my medical payments coverage be?
  • Do I need added coverage for expensive stereo equipment?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Is there truth in advertising?

Companies like Progressive, GEICO, Allstate and State Farm continually stream ads on TV and radio. All the ads make an identical promise that you’ll save big after switching your coverage to them. How does each company make almost identical claims? This is how they do it.

Different companies have a certain “appetite” for the type of driver that is profitable for them. For instance, a desirable insured might be profiled as a mature driver, a clean driving record, and has excellent credit. A propective insured who meets those qualifications gets the lowest rates and as a result will probably cut their rates substantially.

Consumers who are not a match for the requirements must pay a more expensive rate which leads to the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “everybody who quotes” save that much. That is how companies can state the savings.

This illustrates why you absolutely need to get as many quotes as possible. It is impossible to predict which insurance companies will provide you with the cheapest Jaguar XK-Series insurance rates.

Auto insurance policy coverages for a Jaguar XK-Series

Having a good grasp of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are typical coverage types available from auto insurance companies.

Comprehensive (Other than Collision)

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hitting a deer, vandalism, falling objects and fire damage. The most 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 probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

This gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Jaguar XK-Series.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these coverages do not exceed the liability coverage limits.

Liability car insurance

Liability coverage will cover damage that occurs to people or other property. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like repair bills for other people’s vehicles, legal defense fees and funeral expenses. How much coverage you buy is up to you, but you should buy as much as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like funeral costs, surgery and rehabilitation expenses. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This covers damage to your XK-Series caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, driving through your garage door, damaging your car on a curb, crashing into a building and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to increase the deductible to bring the cost down.

One last thing

Lower-priced 2008 Jaguar XK-Series insurance can be found on the web as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies don’t offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

Throughout this article, we presented a lot of techniques to save on insurance. It’s most important to understand that the more price quotes you have, the better your comparison will be. Consumers could even find that the best prices are with the least-expected company. Regional companies often have lower prices on specific markets compared to the large companies like State Farm, GEICO and Nationwide.

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