Consumers have many options when looking for affordable Jaguar XJR-S insurance. You can either spend your time driving around to compare prices or utilize the internet to compare rates.
There are both good and bad ways to buy car insurance so you’re going to learn the absolute fastest way to compare rates on a Jaguar and obtain the lowest possible price either online or from local insurance agents.
Car Insurance Quote Comparison
To find the best car insurance prices, there are several ways to get quotes and find the best price. One of the best ways to find the lowest Jaguar XJR-S rates is simply to get online rate quotes. This can be accomplished in a couple of different ways.
- The most efficient way to get quotes is a comparison rater form like this one (opens in new window). This easy form prevents you from having to do separate forms to each individual car insurance company. Filling out one form will return price quotes from several companies. It’s definitely the quickest method.
- A slightly less efficient method to shop for car insurance online is going to the website for each individual company to complete a price quote. For sake of this example, let’s say you want to compare rates from USAA, 21st Century and Liberty Mutual. To get rate quotes you would need to spend time on each company’s site and enter your policy data, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.
- The least efficient method of getting rate comparisons is driving to different agent offices. The ability to buy insurance online eliminates the need for an insurance agent unless you require the trained guidance of a local agent. You can, however, obtain prices from the web but buy from a local insurance agent and we’ll touch on that later.
It’s up to you which method you use, but ensure you’re using exactly the same coverage limits and deductibles on every quote you get. If the quotes have different limits and deductibles on each one it’s not possible to determine the best price for your Jaguar XJR-S. Quoting even small variations in limits may result in a large different in cost. Just keep in mind that comparing more company’s prices helps locate a better price.
Cut your car insurance rates with discounts
Insurance can cost an arm and a leg, but you may find discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of quoting, but a few need to be specially asked for prior to getting the savings.
- Low Mileage – Fewer annual miles on your Jaguar can earn a substantially lower rate.
- Multiple Policy Discount – When you combine your home and auto insurance with one company you could get a discount of at least 10% off all policies.
- E-sign – A handful of insurance companies may give you up to $50 for buying a policy and signing up over the internet.
- Homeowners Savings – Simply owning a home may earn you a small savings because owning a home requires personal responsibility.
- Anti-lock Brake Discount – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
- College Student – Children who attend school more than 100 miles from home without a vehicle on campus may be able to be covered for less.
- Discount for New Cars – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
- Use Seat Belts – Requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.
- No Accidents – Drivers who don’t have accidents can earn big discounts compared to bad drivers.
Drivers should understand that most credits do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like all the discounts add up to a free policy, you’re out of luck. But all discounts will reduce the amount you have to pay.
To see a list of companies offering car insurance discounts, click here to view.
Jaguar XJR-S rates are complex
An important part of buying insurance is that you know the different types of things that help determine car insurance rates. Having a good understanding of what influences your rates allows you to make educated decisions that will entitle you to better car insurance rates.
The following are some of the items companies use to determine prices.
- Don’t skimp on liability – Your policy’s liability coverage provides coverage in the event that a court rules you are at fault for damages from an accident. It provides for a legal defense which can be incredibly expensive. Liability is cheap as compared to coverage for physical damage, so do not skimp.
- Safer occupants lowers premiums – Vehicles with high crash test scores tend to have better insurance rates. These vehicles reduce injuries and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates. If your Jaguar has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
- Do you know you’re credit rating? – Having a bad credit history is a huge factor in determining what you pay for car insurance. So if your credit rating is not that good, you could pay less to insure your Jaguar XJR-S by improving your rating. Consumers who have high credit ratings tend to be less risk to insure than drivers with lower credit scores.
- Where you live – Residing in less populated areas can save you money when it comes to car insurance. Drivers who live in large cities have traffic congestion and much longer commute distances. Fewer people means reduced accidents and also fewer theft and vandalism claims.
- Do you know your deductibles? – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Jaguar. Some instances where coverage would apply would be running into the backend of another car, damage from fire, and windstorm damage. Physical damage deductibles are how much you are willing to pay in the event of a claim. The more money you are required to pay out-of-pocket, the bigger discount you will receive for XJR-S coverage.
- Marriage pays dividends – Being married can get you a discount on your policy. Marriage translates into being more mature and it’s statistically proven that married drivers get in fewer accidents.
- Type of vehicle determines base rates – The type of vehicle you own makes a significant difference in the rate you pay. Because the Jaguar XJR-S falls in the luxury sedan class, rates will be more than the average rate where you live. Lower performance four cylinder passenger cars generally receive the lowest base rates, but there are many factors that impact the final cost.
Can’t I compare rates from local agents?
Some people would prefer to buy from a local agent and that is just fine! The biggest benefit of price shopping on the web is the fact that you can find better rates and still have an agent to talk to. And providing support for small agencies is important particularly if you live in a smaller city or town.
To find an agent, once you fill out this simple form, the coverage information is instantly submitted to local insurance agents who will compete for your coverage. There is no need to visit any agencies as quotes are delivered immediately to your email address. Now that’s easy! You can find better rates AND a local agent.
Auto insurance agents come in two flavors
When finding a local agent, you must know there are a couple types of agencies that you can select. Agencies are categorized either captive or independent.
Independent Agents (or Brokers)
Independent agents are not locked into one company but instead can place your coverage with lots of companies and potentially find a lower price. To transfer your coverage to a different company, they simply move the coverage in-house and that require little work on your part. When comparison shopping, we recommend you include price quotes from several independent insurance agents for the best price selection. Most have the option of insuring with smaller regional carriers which may provide better rates.
Agency Captives
Captive agents work for only one company and examples are AAA, Allstate, State Farm, Farmers Insurance or Liberty Mutual. They usually cannot place coverage with different providers so it’s a take it or leave it situation. These agents receive extensive training on their company’s products which can be an advantage. Some people will only choose to use a captive agent partially due to the brand legacy and solid financial strength.
For a full directory of car insurance agents, visit this site.
Selecting an insurance agent shouldn’t rely on just a low price. Any agent should be forthright in answering these questions:
- Is vehicle damage repaired with OEM or aftermarket parts?
- Are they able to influence company decisions when a claim is filed?
- What will you get paid if your car is a total loss? How is that amount determined?
- Are claims handled at the agent’s location?
- How long has their agency been open?
- Can glass repairs be made at your home?
- Will their companies depreciate repairs to your car based on the mileage?
Once you have good answers to your questions in addition to an acceptable price estimate, you may have just found a car insurance agent that meets your needs to adequately provide car insurance.
A little work can save a LOT of money
People switch companies for any number of reasons including high rates after DUI convictions, unfair underwriting practices, not issuing a premium refund or extreme rates for teen drivers. No matter why you want to switch, finding a new company can be easier than you think.
We covered a lot of techniques to compare Jaguar XJR-S insurance prices online. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the best prices are with a lesser-known regional company.
Cheap Jaguar XJR-S insurance is attainable online and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. Some companies do not offer online quoting and usually these small insurance companies provide coverage only through local independent agents.
