Anyone knows that auto insurance companies want to prevent you from shopping around. Insureds who compare price quotes will most likely buy a new policy because there is a good chance of finding a policy with more affordable rates. A study discovered that people who shopped around annually saved on average $860 a year as compared to drivers who never shopped around for lower prices.
If finding discount rates on car insurance in Kansas City is why you’re reading this, then having some insight into how to compare insurance premiums can save time, money, and frustration.
It takes a few minutes, but the best way to get discount Jaguar XK insurance is to regularly compare price quotes from companies in Kansas City. You can shop around by completing these steps.
Step 1: Take a little time to learn about how companies set rates and the things you can change to keep rates in check. Many things that cause rate increases like accidents, traffic tickets, and a negative credit history can be remedied by making minor changes in your lifestyle. Keep reading for instructions to help reduce prices and get additional discounts that may be available.
Step 2: Compare prices from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO or State Farm, while independent agencies can quote rates from multiple companies.
Step 3: Compare the price quotes to the price on your current policy to see if cheaper XK coverage is available. If you can save money and buy the policy, verify that coverage does not lapse between policies.
A valuable tip to remember is to make sure you enter the same deductibles and limits on every price quote and and to get price quotes from as many car insurance companies as possible. This enables a fair price comparison and the best rate selection.
Finding affordable coverage in Kansas City is easy if you know what you’re doing. Basically, every car owner who needs cheaper insurance will probably be able to find better rates. But Missouri consumers must learn how companies determine how much to charge and use it to your advantage.
First Step: Get free Jaguar XK insurance quotes
The are a couple different ways to compare rate quotes from all the different companies. The easiest way to comparison shop is simply to get online rate quotes. It’s important to know that comparing a large number of companies will increase your chances of finding lower pricing. Some regional insurers cannot provide Kansas City XK insurance quotes over the internet, so it’s important to compare prices from those companies as well.
The following companies have been selected to offer comparison quotes in Missouri. If you want cheap car insurance in Missouri, it’s highly recommended you get prices from several of them in order to get a fair rate comparison.
Earn discounts to get lower-cost Kansas City insurance quotes
Insurance is expensive, but there are discounts available that you may not even know about. Certain discounts will be applied when you get a quote, but some need to be requested specifically before you will receive the discount. If you don’t get every credit available, you are paying more than you should be.
- Multiple Vehicles – Insuring multiple cars on one policy could earn a price break for each car.
- Multi-policy Discount – If you combine your auto and home policies with one company you could earn a discount of approximately 10% to 15%.
- Paper-free Discount – Many insurance companies will provide an incentive for buying your policy over the internet.
- Government Employee Discount – Simply working for the federal government may reduce rates when you quote Kansas City auto insurance but check with your company.
- Passenger Safety Discount – Options like air bags could see savings of 25 to 30%.
- Defensive Driver Discount – Completing a defensive driving course may get you a small discount and make you a better driver.
- Low Mileage Discounts – Fewer annual miles on your Jaguar may allow you to get lower prices due to less chance of an accident.
- Early Signing – A few companies offer discounts for buying a policy early. You could save around 10% when you buy Kansas City auto insurance online.
- Lower Rates for Military – Being on active deployment in the military could mean lower prices.
We need to note that most discount credits are not given to the entire policy premium. A few only apply to specific coverage prices like liability and collision coverage. So even though you would think you could get a free insurance policy, companies wouldn’t make money that way.
The example below illustrates the comparison of Jaguar XK car insurance costs with and without policy discounts. The price estimates are based on a male driver, no claims, a clean driving record, Missouri state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, claim-free, homeowner, safe-driver, and multi-policy discounts applied.
Companies and a selection of discounts are:
- Progressive may have discounts that include multi-vehicle, continuous coverage, homeowner, online signing, and good student.
- MetLife offers premium reductions for good student, multi-policy, good driver, defensive driver, accident-free, claim-free
- Mercury Insurance offers discounts for low natural disaster claims, good driver, location of vehicle, ease of repair, multi-policy, anti-theft, and accident-free.
- Nationwide has discounts for easy pay, multi-policy, business or organization, accident-free, defensive driving, and family plan.
- GEICO includes discounts for daytime running lights, driver training, membership and employees, emergency military deployment, and military active duty.
- AAA may offer discounts for good student, AAA membership discount, anti-theft, multi-policy, good driver, multi-car, and education and occupation.
If you want affordable Kansas City auto insurance quotes, ask each company how many discounts you can get. Some credits may not apply in your state. To locate companies that offer multiple discounts in Missouri, follow this link.
Rates and statistics
The rate table below covers detailed analysis of policy rates for Jaguar XK models. Knowing how insurance prices are determined can help customers make informed decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|XK Portfolio 2-Dr Coupe||$386||$718||$296||$18||$88||$1,506||$126|
|XK 2-Dr Coupe||$386||$718||$296||$18||$88||$1,506||$126|
|XK Portfolio 2-Dr Convertible||$416||$656||$348||$20||$104||$1,544||$129|
|XK 2-Dr Convertible||$416||$656||$348||$20||$104||$1,544||$129|
|Get Your Own Custom Quote Go|
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Prices do not factor in Kansas City location which can alter coverage prices substantially.
Cost difference between full coverage and liability
The diagram below shows the comparison of Jaguar XK insurance prices with full coverage and liability only. Data assumes no claims or driving violations, $250 deductibles, single status, and no policy discounts are applied.
Deciding between full coverage and liability only
There is no specific rule of when to eliminate comp and collision coverage, but there is a guideline you can use. If the annual cost of coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s pretend your Jaguar XK book value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying the physical damage deductible. If it’s costing in excess of $800 annually for full coverage, then it might be time to consider dropping full coverage.
There are some circumstances where dropping full coverage is not advised. If you still have a lienholder on your title, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Lower Your Kansas City Insurance Rates
A large part of saving on car insurance is knowing some of the elements that come into play when calculating your policy premiums. If you have a feel for what impacts premium levels, this allows you to make good choices that can earn you better car insurance rates. Many factors are used in the calculation when quoting car insurance. A few of the factors are predictable like your driving record, although some other factors are not quite as obvious such as whether you are married or how safe your car is.
Is car insurance cheaper for males or females? – Over time, data shows females are less aggressive when driving. However, this does not mean males are worse at driving than females. Males and females tend to get into at-fault accidents in similar percentages, but males have costlier accidents. Not only are claims higher, but men get higher numbers of serious violations like reckless driving and DUI.
The chart below compares Jaguar XK premium costs for male and female drivers. The costs are based on a clean driving record, no at-fault accidents, full physical damage coverage, $500 deductibles, single status, and no discounts are applied to the premium.
Save money by eliminating extra policy coverages – There are many additional coverages that may not really be needed if you don’t pay attention. Coverages like coverage for rental cars, death and dismemberment, and extra equipment coverage could be just wasting money. The coverages may be enticing when buying your policy, but now you might not need them so think about removing them and cutting costs.
Liability coverage – Your policy’s liability coverage will afford coverage if ever you are determined to be liable for damages from an accident. It will provide legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so do not cut corners here.
Save by driving safer vehicles – Vehicles that have high safety ratings cost less to insure. Vehicles built for safety result in less severe injuries and lower injury rates translates directly to fewer claims and thus lower rates. If your Jaguar XK has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
How do annual miles impact costs? – The higher the mileage driven annually the higher your rates will be. A lot of companies calculate prices based upon how you use the vehicle. Cars and trucks that do not get driven very much cost less to insure than vehicles that have high annual mileage. A policy that improperly rates your XK is just wasting money. Make sure your car insurance policy shows the proper vehicle usage.
Car insurance rates and your occupation – Jobs like real estate brokers, social workers, and dentists generally pay higher rates than average in part from job stress and lots of time spent at work. On the other hand, occupations like farmers, athletes and homemakers pay the least.
Drive a fast vehicle and pay more – The make and model of the car you are insuring makes a substantial difference in your car insurance bill. The lowest performance passenger models usually are quite affordable to insure, but that’s not the only thing that factors into the final price.
The chart below assumes a married female driver age 20, full coverage with $500 deductibles, and no discounts or violations. The data compares Jaguar XK policy rates compared to other models that have different performance rating factors.
Loss statistics for a Jaguar XK – Insurers use past loss statistics for each vehicle when setting rates for each model. Vehicles that have higher prevalence or dollar amount of losses will be charged more to insure.
The next table illustrates the actual insurance loss data for Jaguar XK vehicles. For each policy coverage type, the claim amount for all vehicles averaged together is equal to 100. Numbers below 100 indicate a favorable loss history, while percentage numbers above 100 indicate higher probability of having a loss or statistically larger losses.
|Vehicle 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 from IIHS.org for 2013-2015 Model Years