Having to pay for pricey auto insurance in Philadelphia can overdraw your monthly budget and force you to make tough financial choices. Doing a price comparison is a smart way to cut your insurance bill.
Surprisingly, a recent survey revealed that the vast majority of consumers in Pennsylvania have remained with the same auto insurance company for at least four years, and nearly half have never taken the time to shop around. Many consumers in America could save themselves 46.5% a year just by comparing rates, but they won’t spend time to shop around.
Many auto insurance companies vie for your insurance dollar, and it can be difficult to compare rates and uncover the absolute best price available on Jaguar XF insurance in Philadelphia.
It’s a good idea to do price comparisons quite often because rates are rarely the same from one policy term to another. If you had the best deal on Jaguar XF insurance in Philadelphia a few years ago the chances are good that you can find a lower price today. Ignore everything you know about auto insurance because you’re about to learn how to quote online to reduce your cost while improving coverage.
If you are paying for car insurance now, you stand a good chance to be able to get lower rates using this strategy. Finding the cheapest coverage in Philadelphia seems hard but is not really that difficult. Nevertheless, Pennsylvania drivers must comprehend how the larger insurance companies charge you for coverage and apply this information to your search.
Compare Philadelphia Jaguar XF insurance quotes
When comparison shopping, there are several ways to compare rate quotes from different Philadelphia insurance companies. The quickest method to find affordable Jaguar XF insurance rates consists of shopping online.
Doing online rates comparisons is so easy that it takes the place of having to spend your day driving to insurance agencies in your area. Quoting and buying Jaguar XF insurance online eliminates the middleman unless your situation requires the professional abilities of a local agency. Although, it is possible get the lowest quotes online but purchase the actual policy in an agency. It’s important to know that quoting more helps increase your odds of locating the best rates.
The companies shown below can provide price comparisons in Philadelphia, PA. If more than one company is shown, we recommend you visit as many as you can to get a more complete price comparison.
Do you qualify for discounts?
Not many people think insurance is cheap, but there may be some discounts that could drop your premiums quite a bit. Most are applied at quote time, but some may not be applied and must be specifically requested prior to receiving the credit.
- Memberships – Joining a qualifying organization could earn you a nice discount on your bill.
- Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase auto and life insurance together.
- Save over 55 – If you’re over the age of 55, you may receive better car insurance rates.
- Driving Data Discount – Drivers that enable driving data submission to track when and where they use their vehicle through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if their driving habits are good.
- Low Mileage Discounts – Driving less may allow you to get lower rates due to less chance of an accident.
Keep in mind that many deductions do not apply to all coverage premiums. Some only reduce individual premiums such as physical damage coverage or medical payments. So even though you would think all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But any discount will cut your premiums.
The diagram below shows the comparison of Jaguar XF insurance costs with and without some available policy discounts. The rates are based on a male driver, no claims, a clean driving record, Pennsylvania state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, marriage, multi-car, and homeowner discounts applied.
A list of car insurance companies and their possible discounts can be read below.
- Progressive policyholders can earn discounts including online signing, good student, online quote discount, multi-vehicle, and homeowner.
- Farmers Insurance includes discounts for pay in full, early shopping, mature driver, multi-car, and distant student.
- Farm Bureau may offer discounts for renewal discount, youthful driver, safe driver, multi-policy, good student, 55 and retired, and driver training.
- State Farm may have discounts that include student away at school, safe vehicle, passive restraint, defensive driving training, good driver, and anti-theft.
- GEICO may include discounts for military active duty, anti-lock brakes, daytime running lights, multi-vehicle, five-year accident-free, and air bags.
- SAFECO discounts include anti-lock brakes, anti-theft, homeowner, drive less, multi-car, accident prevention training, and safe driver.
- Liberty Mutual offers discounts including hybrid vehicle, new move discount, exclusive group savings, multi-car, newly retired, and new vehicle discount.
Check with each company how you can save money. Some discounts listed above may not be available in Philadelphia. To view providers who offer online Jaguar XF insurance quotes in Philadelphia, click this link.
Premium rates and analysis
The coverage information shown next outlines a range of insurance policy prices for Jaguar XF models. Knowing how policy premiums are calculated can benefit drivers when making decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XF Luxury 4-Dr Sedan | $320 | $606 | $340 | $20 | $102 | $1,388 | $116 |
| XF Premium 4-Dr Sedan | $320 | $606 | $340 | $20 | $102 | $1,388 | $116 |
| XF Supercharged 4-Dr Sedan | $350 | $676 | $340 | $20 | $102 | $1,488 | $124 |
| XF R 4-Dr Sedan | $380 | $746 | $340 | $20 | $102 | $1,588 | $132 |
| Get Your Own Customized Quote Go | |||||||
Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Price estimates do not factor in zip code location which can decrease or increase coverage rates greatly.
Higher deductibles lower rates
One common question asked by Philadelphia drivers is which deductible level should you buy. The rates shown below may help to illustrate the difference in cost between high and low physical damage coverage deductibles. The first data table uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XF Luxury 4-Dr Sedan | $352 | $658 | $330 | $20 | $98 | $1,483 | $124 |
| XF Premium 4-Dr Sedan | $352 | $658 | $330 | $20 | $98 | $1,483 | $124 |
| XF Supercharged 4-Dr Sedan | $386 | $734 | $330 | $20 | $98 | $1,593 | $133 |
| XF R 4-Dr Sedan | $418 | $810 | $330 | $20 | $98 | $1,701 | $142 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XF Luxury 4-Dr Sedan | $218 | $414 | $330 | $20 | $98 | $1,080 | $90 |
| XF Premium 4-Dr Sedan | $218 | $414 | $330 | $20 | $98 | $1,080 | $90 |
| XF Supercharged 4-Dr Sedan | $238 | $462 | $330 | $20 | $98 | $1,148 | $96 |
| XF R 4-Dr Sedan | $258 | $510 | $330 | $20 | $98 | $1,216 | $101 |
| Get Your Own Customized Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Price information does not factor in garaging location in Philadelphia which can raise or lower premium rates noticeably.
Based on the data above, we can derive that using a $250 deductible will cost you about $37 more each month or $444 every year than selecting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 20 months between claims, you would come out ahead if you opt for a higher deductible.
Calculation for raising deductibles
| Average monthly premium for $250 deductibles: | $131 |
| Average monthly premium for $1,000 deductibles (subtract): | – $94 |
| Monthly savings from raising deductible: | $37 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $37 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 20 months |
The information below shows how choosing a deductible and can raise or lower Jaguar XF insurance costs for different age groups. The rate quotes are based on a single male driver, comprehensive and collision coverage, and no other discounts are factored in.
Does it make sense to buy full coverage?
The chart below shows the difference between Jaguar XF auto insurance costs with and without full coverage. The premium estimates are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are single, and no discounts are applied to the premium.
When to eliminate full coverage
There isn’t a written rule that works best for making the decision to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s say your Jaguar XF replacement value is $5,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $4,000 after paying the physical damage deductible. If you are currently paying more than $400 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some cases where dropping full coverage is not in your best interest. If you haven’t satisfied your loan, you are required to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not opt for liability only.
How Your XF Insurance Premiums are Determined
Lots of factors are part of the calculation when you quote your car insurance policy. A few of the factors are predictable like a motor vehicle report, although others are more obscure like your vehicle usage or your financial responsibility. Part of the car insurance buying process is learning some of the factors that aid in calculating car insurance rates. When consumers understand what influences your rates, this allows you to make good choices that may reward you with cheaper rates.
- Bundle policies to earn discounts – The majority of insurers afford discounts for people who buy several policies from them, otherwise known as a multi-policy discount. This can amount to ten or even fifteen percent. Even though this discount sounds good, you may still want to shop around to guarantee you are still saving the most.There is a good possibility that you can find lower rates even if you insure with multiple companies
- Single drivers take more risk – Being married helps lower the price on your car insurance bill. Marriage generally demonstrates drivers are more responsible and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
- Alarms and GPS tracking lower prices – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
- Liability preserves assets – The liability section of your policy is the protection if ever you are responsible for causing damage or personal injury in an accident. Liability provides for a legal defense to attempt to prove you were not liable. It is affordable coverage compared to comp and collision, so do not skimp.
- Save money with excellent credit – Having a bad credit score will be a significant factor in determining what you pay for car insurance. Drivers with very high credit ratings tend to be more responsible than those with bad credit. So if your credit history can be improved, you could pay less to insure your Jaguar XF by repairing your credit.
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Loss statistics for a Jaguar XF – Companies analyze the history of losses to calculate a price that will offset any claims. Models that tend to have higher loss trends will cost more for coverage.
The data below shows the loss history for Jaguar XF vehicles. For each coverage type, the loss probability for all vehicles combined as an average equals 100. Values below 100 suggest a positive loss record, while values that are 100 or greater indicate frequent claims or an increased probability of a larger loss.
Car Insurance Loss Data for Jaguar XF Models Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Jaguar XF 4dr 2WD 169 101 191 98 Jaguar XF 4dr 4WD 206 83 152 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Get rate quotes but buy from a local Philadelphia insurance agency
Many people just want to sit down and talk to an agent and that is not a bad decision The biggest benefit of getting online price quotes is the fact that you can find cheap auto insurance quotes and also buy local. Buying from local agencies is still important in Philadelphia.
Upon completion of this simple form, your insurance coverage information is transmitted to local insurance agents in Philadelphia that can provide free Philadelphia car insurance quotes for your insurance coverage. It’s much easier because you don’t need to drive around since rate quotes are delivered to you instantly. You’ll get the best rates AND an agent nearby. If you have a need to compare prices from a particular provider, you just need to jump over to their website and submit a quote form there.
What types of auto insurance agents are in Philadelphia?
When searching for an insurance agent, you need to know there are two different types of agencies and how they are distinctly different. Agents are considered either independent or exclusive.
Independent Insurance Agents
Agents of this type are not locked into one company and that allows them to write policies through many companies and find the cheapest rate. If you are not satisfied with one company, they can switch companies in-house and you don’t have to find a new agent.
If you need cheaper auto insurance rates, you will want to get quotes from independent agents in order to have the best price comparison.
Listed below are independent insurance agencies in Philadelphia who may provide pricing information.
Martin Insurance
5700 Delancey St – Philadelphia, PA 19143 – (215) 471-6860 – View Map
Juniata Ins Agency
1206 E Hunting Park Ave – Philadelphia, PA 19124 – (215) 533-9701 – View Map
Larry Lewis Insurance Agency, LLC
4548 Market St #208 – Philadelphia, PA 19139 – (215) 243-4110 – View Map
Exclusive Agencies
Exclusive agencies work for only one company such as State Farm, Allstate, and Farm Bureau. Exclusive agents are unable to compare other company’s rates so you need to shop around if the rates are high. Exclusive agents are trained well on their products and sales techniques which helps them compete with independent agents.
The following are exclusive agencies in Philadelphia that can give you price quotes.
Allstate Insurance: Bruce Datil
4201 I St – Philadelphia, PA 19124 – (215) 288-7992 – View Map
Erica Bantom Martin – State Farm Insurance Agent
1124 S Broad St – Philadelphia, PA 19146 – (215) 875-8100 – View Map
Jack Stabler – State Farm Insurance Agent
6726 Torresdale Ave – Philadelphia, PA 19135 – (215) 331-4300 – View Map
Selecting an insurance agent should depend on more than just the price. Below are some questions you should ask.
- Do they have cheaper tiers of coverage?
- Will high miles depreciate repair valuations?
- If they are an independent agency in Philadelphia, which companies do they recommend?
- Does the agent recommend any additional coverage?
- Do they offer claims assistance after hours?
Tailor your insurance coverage to you
When choosing the best insurance coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different.
For example, these questions may help highlight whether your personal situation would benefit from professional advice.
- Can I use my car for my catering business?
- Can my babysitter drive my car?
- How much liability do I need to cover my assets?
- Do I really need UM/UIM coverage?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Exactly who is provided coverage by my policy?
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.
Don’t give up on cheaper rates
There are still a few companies who do not offer online quoting and many times these small, regional companies prefer to sell through independent agents. The cheapest Jaguar XF insurance in Philadelphia can be found from both online companies as well as from independent agents in Philadelphia, and you should be comparing both so you have a total pricing picture.
When shopping online for car insurance, you should never reduce needed coverages to save money. There have been many situations where an insured dropped collision coverage and learned later that the small savings ended up costing them much more. Your objective should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.
You just learned a lot of tips how to save on Jaguar XF insurance in Philadelphia. The most important thing to understand is the more you quote Philadelphia car insurance, the more likely it is that you will get a better rate. Consumers could even find that the most savings is with a smaller regional carrier.
Helpful resources
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
- Who Has the Cheapest Philadelphia Auto Insurance Rates for Ride Shares? (FAQ)
- Who Has Cheap Car Insurance Rates for Good Students in Philadelphia? (FAQ)
- How Much is Philadelphia Auto Insurance for Seniors? (FAQ)
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)