Feel like you’re a prisoner to high-priced car insurance? Believe me when I say there are many people just like you.
Many car insurance companies vie for your business, and because of this it can be hard to compare insurers to find the absolute lowest cost out there.
It’s a great practice to price shop coverage once or twice a year since insurance rates trend upward over time. Even if you got the best deal for XK insurance a year ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to one of the best ways to reduce your cost while improving coverage.
Discounts are available to cut your rates
The price of auto insurance can be rather high, but discounts can save money and there are some available to help bring down the price. Some trigger automatically at the time of quoting, but some must be specifically requested before you will receive the discount.
- Driver Safety – Taking a defensive driving course could save 5% or more if you qualify.
- Employee of Federal Government – Simply working for the federal government can save as much as 8% for XK insurance with a few car insurance companies.
- Driver’s Ed – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in high school.
- Clubs and Organizations – Affiliation with a professional or civic organization may earn a discount when buying car insurance for XK insurance.
- Seat Belts Save – Requiring all passengers to use a seat belt can save 10% or more off your PIP or medical payments premium.
- Drive Less and Save – Fewer annual miles on your Jaguar can earn discounted rates on garaged vehicles.
- Own a Home – Owning a home may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
- Accident Waiver – A handful of insurance companies will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
- Theft Prevention System – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
- Multiple Policy Discount – If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. Most only apply to specific coverage prices like liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will cut your overall premium however.
To see a list of companies with the best car insurance discounts, click this link.
Compare Quotes for Car Insurance
To find the best car insurance prices, there are several ways to compare rate quotes from local car insurance companies. The easiest way by far to find the cheapest Jaguar XK insurance rates is to use the internet to compare rates. This is very easy and can be done in a couple of different ways.
One of the best ways to get quotes for comparison is an all-inclusive rate comparison click to view form in new window. This type of form saves time by eliminating separate forms for each company you want a rate for. One simple form will get you rate comparisons .
A more time consuming way to compare rate quotes requires you to visit each individual company website to complete their respective quote request forms. For sake of this example, let’s say you want rates from Auto-Owners, Farmers and Progressive. To find out each rate you need to go to every website to input your insurance information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
Whichever method you choose, make absolute certain that you use apples-to-apples deductibles and coverage limits with each company. If you enter different deductibles then you won’t be able to determine the lowest rate for your Jaguar XK. Just a small difference in coverage limits could mean much higher rates. And when price shopping your coverage, comparing a large number of companies helps locate a lower rate.
Everyone needs different coverages
When buying the best car insurance coverage, there really is not a cookie cutter policy. Each situation is unique and your policy should reflect that. Here are some questions about coverages that could help you determine if you might need professional guidance.
- When should I remove comp and collision on my Jaguar XK?
- What are the best liability limits?
- Am I covered when pulling a rental trailer?
- Should I drop comprehensive coverage on older vehicles?
- Can I afford to pay high deductible claims out of pocket?
- Can my teen driver be rated on a liability-only vehicle?
If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area.
In conclusion
As you go through the steps to switch your coverage, never sacrifice coverage to reduce premiums. There are many occasions where an insured dropped uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. Your focus should be to get the best coverage possible at a price you can afford.
In this article, we covered a lot of information how to get a better price on Jaguar XK insurance. The key thing to remember is the more companies you get rates for, the higher your chance of finding lower rates. You may even find the lowest premiums are with a small local company. These companies often have lower prices on specific markets as compared to the big name companies such as State Farm, GEICO and Nationwide.
