Would you prefer to buy lower-priced Jaguar XK insurance in Philadelphia? Wish you could get a refund on overpriced Jaguar XK insurance in Philadelphia? Say no more because many Philadelphia consumers feel financially strained by their insurance policy.
A study showed that a large majority of consumers have purchased from the same company for a minimum of four years, and approximately 38% of consumers have never compared quotes from other companies. The average driver in Pennsylvania could save an average of almost 55% each year, but most tend to underestimate the benefits if they switched.
Due to the increasing number of options for buying lower-cost insurance for a Jaguar XK in Philadelphia, it is hard for the average consumer to find the right insurance company.
Locating more affordable protection in Philadelphia is easy if you know what you're doing. Practically everyone who shops around for insurance will more than likely find a better price. Although Pennsylvania vehicle owners do need to learn how insurance companies compete online and use this information to your advantage.
Car insurance providers offering competitive prices in Pennsylvania
The companies in the list below offer quotes in Pennsylvania. If multiple companies are listed, we suggest you visit several of them to find the lowest car insurance rates.
Jaguar XK coverage statistics
The price information below highlights estimates of policy rates for Jaguar XK models. Understanding how premiums are established helps drivers make smart choices when selecting a coverage provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|XK Portfolio 2-Dr Coupe||$248||$630||$364||$22||$108||$1,372||$114|
|XK 2-Dr Coupe||$248||$630||$364||$22||$108||$1,372||$114|
|XK Portfolio 2-Dr Convertible||$268||$576||$428||$26||$128||$1,426||$119|
|XK 2-Dr Convertible||$268||$576||$428||$26||$128||$1,426||$119|
|Get Your Own Customized Quote Go|
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Prices do not factor in specific Philadelphia garaging location which can influence prices greatly.
The chart below shows how choosing a deductible and can impact Jaguar XK insurance costs for different age categories. The costs are based on a single female driver, full coverage, and no policy discounts are applied.
Jaguar XK annual premiums for males versus females
The diagram below compares Jaguar XK insurance rates for male and female drivers. The information is based on no violations or accidents, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no discounts are applied.
Should you buy full coverage?
The illustration below shows the comparison of Jaguar XK annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Pennsylvania. The data assumes no claims or violations, $100 deductibles, single status, and no policy discounts are applied.
When to drop comp and collision
There is no set rule to exclude physical damage coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is 10% or more of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let's say your Jaguar XK book value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $2,000 after you pay the deductible. If you are currently paying more than $200 a year for full coverage, then it's probably a good time to buy liability coverage only.
There are some situations where removing full coverage is not in your best interest. If you haven't paid off your loan, you have to keep full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should maintain full coverage.
These discounts can slash Jaguar XK insurance rates
Some insurers do not advertise all possible discounts very clearly, so the list below details both the well known and also the lesser-known credits available to you.
- Drivers Ed for Students - Have your child successfully complete driver's ed class if it's offered in school.
- Safety Restraint Discount - Drivers who always wear seat belts and also require passengers to buckle their seat belts may be able to save a few bucks off PIP or medical payments premium.
- Telematics Discount - Drivers who elect to allow their company to spy on driving habits remotely such as Progressive's Snapshot and State Farm's In-Drive might get better premium rates if they show good driving skills.
- Senior Citizens - Older drivers may receive better car insurance rates.
- Organization Discounts - Joining a civic or occupational organization in Philadelphia can get you a small discount on your next car insurance statement.
As is typical with insurance, most credits do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, it doesn't quite work that way. But all discounts will definitely lower the amount you pay for coverage.
The diagram below visualizes the comparison of Jaguar XK yearly insurance costs with and without discounts applied to the premium. The costs are based on a female driver, no violations or claims, Pennsylvania state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, claim-free, multi-policy, marriage, and homeowner discounts applied.
Larger car insurance companies and the discounts they provide can be read below.
- State Farm may offer discounts for good student, accident-free, good driver, multiple policy, passive restraint, and anti-theft.
- Nationwide may have discounts that include multi-policy, accident-free, business or organization, family plan, anti-theft, and good student.
- GEICO offers discounts including federal employee, five-year accident-free, membership and employees, anti-theft, air bags, anti-lock brakes, and multi-policy.
- AAA includes discounts for good driver, multi-car, AAA membership discount, anti-theft, multi-policy, pay-in-full, and education and occupation.
- 21st Century offers premium reductions for defensive driver, student driver, homeowners, driver training, automatic seat belts, air bags, and early bird.
- The Hartford discounts include air bag, good student, driver training, vehicle fuel type, defensive driver, bundle, and anti-theft.
When getting a coverage quote, ask all companies you are considering which discounts you qualify for. Savings might not apply in Philadelphia. For a list of insurers who offer free Jaguar XK insurance quotes in Philadelphia, click here.
Six Things That Determine Your Insurance Rates
Many factors are part of the calculation when premium rates are determined. Some are obvious like your driving record, but other factors are not quite as obvious such as whether you are married or how financially stable you are. When buying car insurance it's important to understand some of the elements that go into determining your premiums. When you understand what positively or negatively impacts your premiums, this helps enable you to make changes that could help you find lower rates.
See if your company offers a multi-policy discount - The majority of companies afford better rates to people who have multiple policies with them, otherwise known as a multi-policy discount. Discounts can amount to as much as ten percent or more If you currently are using one company, you may still want to shop around to make sure you are getting the best deal.There is a chance you can find lower rates by buying insurance from more than one company.
Performance affects prices - The performance of the car you are buying insurance for makes a significant difference in your rates. The cheapest rates tend to be for small economy passenger cars, but many other things help determine your insurance rates.
The data below is based on a single female driver age 30, full coverage with $500 deductibles, and no discounts or violations. The data compares Jaguar XK policy rates compared to other models that have a range of performance rating factors.
Pay more if you have a long commute - Residing in less populated areas has it's advantages when trying to find low car insurance rates. Urban drivers have more auto accidents and a longer drive to work. Fewer people corresponds to lower accident rates as well as less vandalism and auto theft.
Get married and get cheaper prices - Having a wife or husband may earn you lower rates on your policy. It is viewed as being more stable financially and it's proven that married drivers tend to have fewer serious accidents.
Avoid unnecessary extra coverages - Insurance policies have a lot of add-on coverages that sound like a good idea at the time on your XK policy. Insurance for things like rental car coverage, accident forgiveness, and membership fees are probably not needed. These may sound like a good investment when deciding what coverages you need, but if you don't need them eliminate them to save money.
Car features can affect prices - Choosing to buy a car that has an advanced theft prevention system can earn a premium discount. Theft deterrent systems like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all help stop vehicle theft.
Claims statistics for a Jaguar XK - Companies analyze past claim statistics when setting premium rates. Vehicles that statistically have higher claim amounts or frequency will cost more for specific coverages.
The table below shows the insurance loss data used by companies for Jaguar XK vehicles. For each insurance policy coverage type, the loss probability for all vehicles, regardless of make or model, is a value of 100. Values that are below 100 imply a favorable loss record, while values over 100 indicate more frequent losses or statistically larger claims.
|Specific Jaguar Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Jaguar XK 2dr||167|
|Jaguar XK Convertible||119|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When quoting and comparing coverage online or from an agent, there really isn't a "best" method to buy coverage. Every situation is different and your insurance should unique, too. These are some specific questions could help you determine if your insurance needs would benefit from an agent's advice.
- Is business property covered if stolen from my car?
- Why is insurance for a teen driver so high in Philadelphia?
- If I drive on a suspended license am I covered?
- At what point should I drop full coverage?
- What does PIP insurance cover?
- Do I get a pro-rated refund if I cancel my policy early?
- If I use my vehicle for business use is it covered?
If you're not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you don't have a local agent, fill out this quick form or you can also visit this page to select a carrier
When should I talk to a local insurance agent?
Many drivers would prefer to sit down and talk to an agent and that is a smart decision One of the great benefits of getting free rate quotes online is you may find cheap auto insurance rates but still work with a licensed agent. Putting coverage with neighborhood agents is especially important in Philadelphia.
By using this form (opens in new window), your insurance data is sent to insurance agents in Philadelphia that give free quotes for your insurance coverage. You never need to contact an agency as quotes are delivered to you instantly. You can find lower rates without requiring a lot of work. If you have a need to get a price quote from a specific insurance company, don't hesitate to jump over to their website and fill out the quote form the provide.
Choose the right car insurance agent
When narrowing the list to find a local Philadelphia insurance agency, you must know there are a couple types of agencies that you can select. Agencies in Philadelphia can be described as either exclusive or independent.
Independent Auto Insurance Agents
Agents that choose to be independent often have many company appointments so they have the ability to put coverage with any number of different companies and get you the best rates possible. If your agent finds better pricing, an independent agent can move your coverage and that require little work on your part. If you are comparing rate quotes, you need to include rate quotes from several independent agencies so that you have a good selection of quotes to compare.
The following are independent agencies in Philadelphia that can possibly get you free auto insurance rate quotes.
Rexach Insurance Agency
2932 N 5th St - Philadelphia, PA 19133 - (215) 229-6320 - View Map
Exclusive Auto Insurance Agencies
These type of agents normally can only provide a single company's rates such as Allstate, State Farm and Farmers Insurance. Exclusive agents are unable to provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive agencies receive extensive training on their company's products which helps them sell on service rather than price.
The following is a list of exclusive agencies in Philadelphia that are able to give price quote information.
Selecting an insurance agency requires more thought than just the bottom line cost. The following questions are important to ask.
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Which insurance companies are they affiliated with?
- How much can you save by raising your physical damage deductibles?
- Do they have designations such as AIC, CPCU, or CIC?
- Is there a Errors and Omissions policy in force?
- Will one accident increase rates?
In the end, you can save money
Affordable Jaguar XK insurance in Philadelphia is definitely available both online and also from your neighborhood Philadelphia agents, and you need to comparison shop both so you have a total pricing picture. Some car insurance companies may not provide the ability to get quotes online and usually these small, regional companies prefer to sell through independent insurance agencies.
When searching for affordable Philadelphia auto insurance quotes, never reduce coverage to reduce premium. Too many times, consumers will sacrifice collision coverage only to find out that it was a big mistake. The ultimate goal is to buy the best coverage you can find for the lowest price, but don't skip important coverages to save money.
Much more information about car insurance in Pennsylvania can be read on the following sites:
- Rollover Crash FAQ (iihs.org)
- Who Has Affordable Car Insurance for Business Use in Philadelphia? (FAQ)
- What Auto Insurance is Cheapest for College Graduates in Philadelphia? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Chevrolet Malibu in Philadelphia? (FAQ)
- Who Has Affordable Philadelphia Car Insurance for Used Cars? (FAQ)
- Determining Your Vehicle's Value and Repair Cost (Insurance Information Institute)
- Your Car has been Stolen: Now What? (Allstate)