How Much Does 1997 Jaguar XK-Series Insurance Cost?

Trying to find better car insurance rates for your Jaguar XK-Series? Having to pay for high-priced Jaguar XK-Series insurance can bottom out your budget and force you to prioritize other expenses. You have multiple insurers to pick from, and although it’s a good thing to have a selection, more options can take longer to find the best rates.

Do you qualify for discounts?

Insurance coverage is not inexpensive, but you may find discounts that you may not even know about. Certain reductions will be credited when you purchase, but a few must be requested specifically in order for you to get them.

• Accident-Free Discounts – Claim-free drivers get the best insurance coverage rates in comparison with frequent claim filers.
• Defensive Driver Discounts – Taking time to complete a course that instructs on driving safety could save 5% or more and easily recoup the cost of the course.
• Employee of Federal Government – Simply working for the federal government could provide a small rate reduction on XK-Series coverage with a few insurance coverage companies.
• E-sign Discounts – Some companies provide a small discount get car insurance on the internet.
• Good Students Pay Less – Being a good student may save as much as 25% on a car insurance quote. This discount can apply up until you turn 25.
• Include Life Insurance and Save – Companies who offer life insurance give a break if you buy auto and life insurance together.
• Senior Citizens – If you qualify as a senior citizen, you may be able to get better insurance coverage rates on XK-Series coverage.
• Own a Home and Save – Simply owning a home can save you money because of the fact that having a home is proof of financial responsibility.

As is typical with insurance, some of the credits will not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way.

A few popular companies and some of their more popular discounts are detailed below.

• American Family has savings for air bags, good driver, defensive driver, multi-vehicle, mySafetyValet, and TimeAway discount.
• State Farm may offer discounts for student away at school, Drive Safe & Save, anti-theft, passive restraint, good student, multiple autos, and safe vehicle.
• 21st Century offers discounts for teen driver, early bird, homeowners, driver training, 55 and older, and theft prevention.
• Travelers may have discounts that include good student, hybrid/electric vehicle, payment discounts, home ownership, continuous insurance, multi-policy, and driver training.
• Geico includes discounts for anti-theft, driver training, good student, daytime running lights, and multi-vehicle.

When getting free car insurance quotes, it’s a good idea to all the companies which discounts you qualify for. Some of the earlier mentioned discounts might not be offered on policies everywhere. To find companies that have a full spectrum of discounts, click here to view.

Don’t assume everyone needs the same insurance coverage

When buying adequate coverage for your vehicles, there is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions might help in determining whether your personal situation could use an agent’s help.

• Is my ex-spouse still covered by my policy?
• Are my friends covered when driving my car?
• When should I drop full coverage on my 1997 Jaguar XK-Series?
• Should I carry comprehensive and collision coverage?
• Do I need replacement cost coverage on my 1997 Jaguar XK-Series?
• Should I buy more coverage than the required minimum liability coverage?
• Do I need higher collision deductibles?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Does my policy cover me when driving someone else’s vehicle?

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. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Learn about insurance coverages for a Jaguar XK-Series

Understanding the coverages of insurance aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are the normal coverages available from insurance companies.

Collision – Collision coverage covers damage to your XK-Series resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as scraping a guard rail, hitting a parking meter, rolling your car, backing into a parked car and crashing into a building. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.

Medical expense insurance – Med pay and PIP coverage provide coverage for immediate expenses for dental work, hospital visits, pain medications, nursing services and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance – This will cover damage that occurs to people or other property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for claims such as bail bonds, medical services and medical expenses. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Protection from uninsured/underinsured drivers – This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Jaguar XK-Series.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive (Other than Collision) – This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hitting a bird, damage from a tornado or hurricane, hitting a deer and rock chips in glass. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

More comparisons equals lower rates

As you prepare to switch companies, it’s not a good idea to reduce coverage to reduce premium. In too many instances, consumers will sacrifice liability limits or collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

We just covered quite a bit of information on how to shop for 1997 Jaguar XK-Series insurance online. It’s most important to understand that the more times you quote, the higher the chance of saving money. You may be surprised to find that the lowest rates are with a small local company. These smaller insurers may have significantly lower car insurance rates on certain market segments than their larger competitors like State Farm, Geico and Nationwide.

Even more information is located at these sites:

• Understanding Limits and Deductibles (Allstate)
• Teen Driving Statistics (Geico)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Safety Features for Your New Car (State Farm)