Save Money on Jaguar XK Insurance in Austin

Searching for low-cost Austin Jaguar XK insurance quotes online can appear to be rather difficult for people who are beginners to quoting and comparing rates and buying insurance online. With so many insurance companies available, how are people expected to have time to compare each option to find the best price?

A recent insurance study discovered that nearly 70% of consumers kept their coverage with the same insurance company for well over three years, and 38% of drivers have never compared rates from other carriers. American consumers could save roughly 47% each year, but they don’t want to take the time to do a rate comparison.

Consumers should take time to get comparison quotes at least once a year because prices are constantly changing. Even if you think you had the best price on Jaguar XK insurance in Austin six months ago there is a good chance you can find better rates now. Ignore everything you know about insurance because I’m going to teach you the fastest and easiest way to remove unneeded coverages and save money.

The quickest method we recommend to get policy rate comparisons for Jaguar XK insurance in Austin is to take advantage of the fact most of the larger companies actually pay money for the chance to compare rate quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information such as if it has an anti-theft system, your education level, marital status, and your job. That rating data gets sent immediately to insurance companies and you will get price comparisons immediately.

To find the cheapest Jaguar XK insurance rates, click here and complete the form.

The providers in the list below offer comparison quotes in Austin, TX. If more than one company is shown, we recommend you click on several of them to get the best price comparison.

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Estimates do not factor in specific garaging location which can lower or raise rates significantly.

Illustration showing the impact of accidents and violations

The chart below highlights how speeding tickets and accident claims influence Jaguar XK premium costs for different categories of driver ages. The rates are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.

Should you raise deductibles?

One of the hardest decisions when shopping for auto insurance is what deductibles to buy. The rates shown below help summarize the rate difference when you select higher and lower physical damage coverage deductibles. The first rate quote example uses a $250 physical damage deductible and the second price grid uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rate quotes do not factor in the specific area where the vehicle is garaged which can raise or lower prices substantially.

Based on this data, using a $250 deductible will cost you roughly $49 more each month or $588 every year than quoting the higher $1,000 deductible. Because you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have more than 15 months between claims, you would probably be better off by going with a higher deductible.

Cheaper rates by receiving these nine discounts

Auto insurance companies don’t always advertise every policy discount very clearly, so the list below details a few of the more common as well as some of the hidden savings tricks you should be using when you buy Austin auto insurance online.

• Discounts for Seat Belt Usage – Drivers who require all occupants to wear their seat belts may be able to save a few bucks off the medical payments premium.
• No Charge for an Accident – Not a discount per se, but companies like Allstate and Progressive will let one accident slide before raising your premiums if you are claim-free prior to being involved in the accident.
• Federal Employees – Federal government employees can save as much as 8% with a few insurance companies.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them participate in a local driver’s education class if offered at their school.
• Paperless Signup – Many larger companies will provide an incentive for buying your policy online.
• Switch and Save Discount – Some insurance companies reward drivers for switching policies prior to your current XK insurance policy expiration. This discount can save up to 10%.
• Lower Rates for Military – Being on active deployment in the military could qualify you for better premium rates.
• Membership in Organizations – Joining qualifying employment or professional organizations could earn you a nice discount when shopping for insurance.
• Telematics Data – Austin drivers who agree to allow their insurance company to monitor driving habits through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm might see lower rates as long as they are good drivers.

As a disclaimer on discounts, some credits don’t apply to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you can get free auto insurance, it doesn’t quite work that way.

For a list of companies who offer discounts in Austin, click here.

Why car insurance is not optional

Despite the high insurance cost for a Jaguar XK in Austin, insurance is required for several reasons.

• Almost all states have minimum liability requirements which means state laws require a specific level of liability insurance in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your XK has a loan, more than likely the lender will make it a condition of the loan that you have comprehensive coverage to protect their interest in the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your Jaguar at a much higher premium rate and force you to pay for it.
• Car insurance protects not only your vehicle but also your financial assets. Insurance will also pay for many types of medical costs for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you are sued as the result of your driving. If you have damage to your Jaguar as the result of the weather or an accident, your policy will pay to restore your vehicle to like-new condition.

The benefits of insuring your XK outweigh the cost, particularly for liability claims. The average driver in America is overpaying over $800 each year so we recommend shopping around at every policy renewal to ensure rates are inline.

It’s not one size fits all

When selecting adequate coverage, there isn’t really a “perfect” insurance plan. Each situation is unique and your policy should reflect that.
For instance, these questions can help discover if you may require specific advice.

• Does coverage extend to Mexico or Canada?
• What if a claim settlement is too low?
• Am I covered when driving a rental car?
• How can I find cheaper teen driver insurance?
• How much can I save by bundling my policies?
• Can I make deliveries for my home business?
• Am I covered if I hit a deer?
• Can I afford to buy a different vehicle if my Jaguar XK is totaled?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Comparing prices from local Austin insurance agents

Many drivers just prefer to visit with an insurance agent. The best thing about comparing insurance online is the fact that drivers can get cheaper prices and still buy from a local agent.

To find an agent, once you fill out this simple form, your information is transmitted to insurance agents in Austin who will give you bids for your business. You won’t need to do any legwork since rate quotes are delivered to you directly. You’ll get the best rates without a big time investment. If you need to quote rates from a particular provider, feel free to navigate to their website and give them your coverage information.

Finding a good insurance company requires more thought than just the price. Get answers to these questions too.

• Do they have a Better Business Bureau rating in Austin?
• Will the company cover a rental car if your car is getting fixed?
• Is assistance available after office hours?
• Can they give you a list of client referrals?
• Where are claims handled?
• Do they have any clout with companies to ensure a fair claim settlement?

Exclusive agents vs. Independent agents

When narrowing the list to find a local insurance agency, it’s helpful to know the different types of agencies that you can select. Agencies in Austin can be described as either exclusive or independent.

Exclusive Agencies

These type of agents normally can only provide a single company’s rates such as State Farm, Allstate and AAA. Exclusive agents cannot give you multiple price quotes so always compare other rates. Exclusive insurance agents are very knowledgeable in insurance sales and that can be a competitive advantage. Some consumers prefer to buy from exclusive agents mostly because of the brand legacy rather than low price.

Below are Austin exclusive agencies willing to provide price quote information.

• Bennie Council – State Farm Insurance Agent
  6448 US-290 f110 – Austin, TX 78723 – (512) 454-4524 – View Map
• J B Ruebsahm – State Farm Insurance Agent
  1901 W William Cannon Dr #131 – Austin, TX 78745 – (512) 444-1845 – View Map
• John Kirk – State Farm Insurance Agent
  11130 Jollyville Rd Ste 201 – Austin, TX 78759 – (512) 343-7758 – View Map

View more Austin agents

Independent Insurance Agencies

These agents do not sell for just one brand so as a result can place your coverage with multiple insurance companies and find the cheapest insurance rates. If they quote lower rates, an independent agent can move your coverage which makes it simple for you. When comparing insurance prices, we recommend you get insurance quotes from multiple independent agents to ensure the widest selection of prices. Many independent agencies also insure through smaller regional carriers that may provide cheaper insurance rates.

Listed below is a list of independent insurance agents in Austin that can give you comparison quotes.

• Mitchamore Insurance Agency
  560, 5316 W US Highway 290 Service Rd – Austin, TX 78735 – (512) 730-1424 – View Map
• Watkins Insurance Group
  3834 Spicewood Springs Rd – Austin, TX 78759 – (512) 452-8877 – View Map
• Independent Insurance Agents
  1115 San Jacinto Blvd – Austin, TX 78701 – (512) 476-6281 – View Map

View more Austin agents

Auto insurance coverages

Knowing the specifics of a car insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types available from car insurance companies.

Liability insurance – Liability insurance can cover damage or injury you incur to other’s property or people in an accident. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 30/60/25 that translate to a limit of $30,000 per injured person, $60,000 for the entire accident, and $25,000 of coverage for damaged property.

Liability coverage protects against claims like funeral expenses, loss of income, pain and suffering and court costs. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible. Texas state law requires minimum liability limits of 30/60/25 but drivers should carry more liability than the minimum.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for prosthetic devices, doctor visits, hospital visits, X-ray expenses and dental work. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision – This coverage pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like sustaining damage from a pot hole, driving through your garage door, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible on your XK to bring the cost down.

Comprehensive coverage – This pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like vandalism, rock chips in glass, hitting a bird and falling objects. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many Texas drivers carry very low liability coverage limits (which is 30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.