Are you intimidated by the crazy number of insurance company choices? You’re not alone. People have so many choices that it can quickly become a challenge to find lower rates.
Insurance can cost an arm and a leg, but discounts can save money and there are some available that you may not even be aware of. Larger premium reductions will be automatically applied when you quote, but lesser-known reductions have to be asked for before being credited.
Drivers should understand that most credits do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, it just doesn’t work that way. But all discounts will cut the amount you have to pay.
Companies that may have these benefits include:
Check with all companies you are considering which discounts they offer. Some discounts may not apply in your state.
When buying proper insurance coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s.
Here are some questions about coverages that can aid in determining whether or not you might need professional guidance.
If you can’t answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.
Knowing the specifics of insurance helps when choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement.
Collision coverage – This pays for damage to your XJ-Series caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like sustaining damage from a pot hole, colliding with another moving vehicle, hitting a mailbox, crashing into a ditch and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.
Medical costs insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for hospital visits, pain medications and nursing services. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage
Comprehensive or Other Than Collision – This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as hail damage, fire damage, hitting a deer, damage from getting keyed and a tree branch falling on your vehicle. The most your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Liability insurance – This coverage can cover damage that occurs to a person or their property by causing an accident. This coverage protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage protects against things like medical expenses, emergency aid and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.
UM/UIM Coverage – This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Jaguar XJ-Series.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important. Frequently the UM/UIM limits do not exceed the liability coverage limits.
People switch companies for any number of reasons including lack of trust in their agent, delays in paying claims, denial of a claim or questionable increases in premium. Regardless of your reason, finding a new company can be easy and end up saving you some money.
In this article, we presented many ways to reduce 1994 Jaguar XJ-Series insurance prices online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Drivers may discover the lowest premiums are with some of the smallest insurance companies.
Cost effective insurance is definitely available online and also from your neighborhood agents, and you should compare price quotes from both so you have a total pricing picture. Some insurance companies may not provide the ability to get a quote online and these small insurance companies work with independent agents.
Even more information is available at these sites: