No one looks forward to paying for car insurance, particularly when the cost is too high. Many auto insurance companies vie to insure your vehicles, so it’s not easy to compare every insurance company to discover the definitive lowest price
It’s smart to do rate comparisons quite often because prices change frequently. Even if you think you had the best deal for S-Type coverage on your last policy you may be paying too much now. There is a lot of bad information regarding car insurance online but with this article, you’re going to get some tested techniques to find cheap car insurance.
How to Buy Car Insurance Online
Lowering your Jaguar S-Type car insurance rates can be quick and easy. Just spend a few minutes comparing rate quotes from different insurance companies. This can be done in just a few minutes using one of these methods.
- The recommended way to find the lowest comparison rates would be an industry-wide quote request form click here to open form in new window. This type of form prevents you from having to do a different quote for every car insurance company. Taking the time to complete one form gets rate comparisons from many national carriers.
- A more difficult way to analyze rates is to manually visit the website of each company to complete their respective quote request forms. For sake of this example, we’ll assume you want comparison quotes from Farmers, Safeco and Travelers. To get rate quotes you would need to spend time on each company’s site to input your insurance information, and that’s why the first method is more popular.
To view a list of companies in your area, click here.
Whichever way you use, ensure you are comparing apples-to-apples coverages and limits on every quote you get. If you have different liability limits you will not be able to truly determine the lowest rate.
Slick advertising tricks that work
Consumers constantly see and hear ads for the lowest price auto insurance from companies such as State Farm, GEICO and Progressive. All the ads make an identical promise that you can save if you move your policy.
How does each company make the same claim?
Different companies can use profiling for the right customer that earns them a profit. For example, a preferred risk could possibly be over the age of 40, owns a home, and has a short commute. A customer getting a price quote who fits that profile gets the lowest rates and therefore will save a lot of money.
Potential insureds who are not a match for these standards will be quoted a higher premium and this can result in business going elsewhere. The ad wording is “people who switch” not “people who quote” save that much money. That’s why insurance companies can make those claims. This emphasizes why it is so important to compare many company’s rates. Because you never know which car insurance company will fit your personal profile best.
Factors influencing Jaguar S-Type insurance rates
An important part of buying insurance is that you know the factors that come into play when calculating your car insurance rates. Knowing what influences your rates empowers consumers to make smart changes that will entitle you to big savings.
The list below includes some of the factors used by your company to calculate prices.
- High credit ratings translate to low rates – A driver’s credit rating is a huge factor in your rate calculation. Consumers who have high credit scores tend to be less risk to insure than those with lower credit ratings. Therefore, if your credit score can use some improvement, you could save money insuring your Jaguar S-Type by repairing your credit.
- Bad driving skills means higher rates – Careful drivers have lower premiums than their less careful counterparts. Even a single moving violation can boost insurance rates by as much as thirty percent. Drivers who get dangerous violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with their state motor vehicle department in order to prevent a license revocation.
- Keep rates low by being claim-free – If you file claims often, you can definitely plan on either policy cancellation or increased premiums. Car insurance companies provide cheaper rates to people who do not file claims often. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
- Performance makes a difference – The type of vehicle you are insuring makes a huge difference in determining your rates. The cheapest insurance rates tend to be for economy passenger cars, but the final cost of insurance is determined by many other factors. Since the Jaguar S-Type is a luxury sedan, insurance will be more than the average rate where you live.
- Where you live is a factor – Living in small towns and rural areas has it’s advantages when buying car insurance. Drivers who live in large cities have congested traffic and longer commutes to work. Lower population means a lower chance of having an accident and also fewer theft and vandalism claims.
- Discounts for multiple policies – Many insurers provide better rates to customers who carry more than one policy such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to comparison shop to ensure the best deal.
- Save money with special equipment – Choosing a vehicle with a theft deterrent system can save you a little every year. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
- Your occupation can affect rates – Careers like real estate brokers, executives and accountants are shown to have higher rates than average attributed to job stress and lots of time spent at work. On the flip side, jobs such as actors, athletes and retirees pay the least for S-Type coverage.
Discounts are basically free money
Auto insurance companies do not list every available discount very well, so we break down some of the best known and also the lesser-known savings tricks you should be using. If you don’t get every credit you deserve, you are throwing money away.
- Drive Safe and Save – Safe drivers may receive a discount up to 45% less for S-Type coverage than their less cautious counterparts.
- Discount for Swiching Early – A few companies offer discounts for switching to them before your current policy expires. The savings is around 10%.
- More Vehicles More Savings – Insuring multiple cars or trucks with the same company can get a discount on all vehicles.
- No Accidents – Drivers with accident-free driving histories pay much less as compared to bad drivers.
- Low Mileage Discounts – Fewer annual miles on your Jaguar can earn discounted rates on garaged vehicles.
- Federal Employees – Employees or retirees of the government could cut as much as 10% off for S-Type coverage with certain companies.
Drivers should understand that most credits do not apply the the whole policy. Most cut individual premiums such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky.
To see a list of providers offering car insurance discounts, follow this link.
Final thoughts
You just learned a lot of information how to compare Jaguar S-Type insurance prices online. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. You may even find the best prices are with a small mutual company. Regional companies often have lower prices on specific markets than the large multi-state companies such as GEICO and State Farm.
Lower-priced Jaguar S-Type insurance can be found both online and also from your neighborhood agents, and you should be comparing both in order to have the best price selection to choose from. A few companies may not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.
When trying to cut insurance costs, it’s very important that you do not reduce coverage to reduce premium. In many instances, an insured cut comprehensive coverage or liability limits and learned later that it was a big mistake. Your focus should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.
