There isn’t anyone who likes paying for insurance, in particular when they could find better prices if they shop around.
It’s an obvious statement that car insurance companies don’t want you to look for cheaper rates. Consumers who shop around for the cheapest price will most likely switch to a new company because they have a good chance of finding a policy with better rates. A study discovered that consumers who shopped around saved $3,400 over four years compared to policyholders who never shopped for cheaper rates.
If finding the cheapest price for insurance in Greensboro is why you’re reading this, learning the best ways to shop for insurance can make it easier to find better rates.
Steps to finding affordable Jaguar XJ insurance in Greensboro
It takes a few minutes, but the best way to find more affordable car insurance rates is to compare quotes once a year from different companies who can sell car insurance in Greensboro. Price quotes can be compared by following these guidelines.
- Step 1: Get a basic knowledge of how companies set rates and the modifications you can make to prevent rate increases. Many rating factors that drive up the price such as high-risk driving behaviors and a bad credit rating can be remedied by improving your driving habits or financial responsibility. Continue reading for additional ideas to help reduce premium rates and find discounts that may have been missed.
- Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can provide rates from a single company like GEICO and Allstate, while independent agents can provide price quotes for a wide range of companies.
- Step 3: Compare the quotes to your current policy and determine if there is any savings. If you find better rates and decide to switch, make sure coverage does not lapse between policies.
One piece of advice is to try to use similar limits and deductibles on each price quote and and to compare as many car insurance companies as possible. Doing this enables a level playing field and the best price selection.
Because there are so many companies to choose from that have affordable insurance for a Jaguar XJ in Greensboro, it is very difficult to find a lower cost insurance company.
Our goal in writing this article introduce you to how car insurance quotes work and how you can save the most money. If you have insurance now, you stand a good chance to be able to save money using these methods. Nevertheless, North Carolina car owners need to learn the way insurance companies calculate your policy premium and use it to find better rates.
Companies offering Jaguar XJ insurance in North Carolina
The providers in the list below are our best choices to provide price comparisons in Greensboro, NC. If you want cheaper car insurance in North Carolina, we suggest you visit as many as you can to get the best price comparison.
Detailed insurance information
The data table shown below showcases different insurance premium costs for Jaguar XJ models. Having a better idea how insurance prices are figured helps drivers make smart choices when comparing insurance quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|XJ SWB 4-Dr Sedan||$292||$556||$250||$14||$74||$1,186||$99|
|XJ LWB 4-Dr Sedan||$316||$614||$250||$14||$74||$1,268||$106|
|Get Your Own Custom Quote Go|
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Price information does not factor in vehicle garaging location which can affect rates considerably.
Insurance premiums based on gender
The diagram below shows the comparison of Jaguar XJ annual premium costs for male and female drivers. The rate quotes are based on no claims or driving violations, full physical damage coverage, $100 deductibles, drivers are single, and no discounts are factored in.
Full coverage versus liability only rates
The chart below compares Jaguar XJ auto insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no claims or violations, $250 deductibles, marital status is single, and no policy discounts are applied.
When to drop comprehensive and collision
There is no exact formula for dropping full coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.
For example, let’s assume your Jaguar XJ settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $5,000 after paying your deductible. If you are paying over $500 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where eliminating full coverage is not a good plan. If you have an outstanding loan on your vehicle, 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 drop full coverage.
Cheaper Greensboro auto insurance rates with discounts
Some insurers don’t necessarily list all available discounts in a way that’s easy to find, so here is a list both well-publicized and the more hidden credits that you can use to lower your rates. If you are not receiving all the discounts you qualify for, you could be paying more than you need to.
- Low Mileage Discounts – Maintaining low annual mileage could be rewarded with lower prices on the low mileage vehicles.
- Good Drivers – Drivers without accidents may save up to 50% more than drivers with accident claims.
- Good Student Discount – Getting good grades can get you a discount of up to 25%. You can use this discount normally up to age 25.
- Discount for New Cars – Adding a new car to your policy is cheaper because new model year vehicles keep occupants safer.
- Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control can stop better under adverse conditions and therefore earn up to a 10% discount.
You can save money using discounts, but most discounts do not apply to all coverage premiums. Some only apply to individual premiums such as liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, you’re out of luck.
The example below visualizes the comparison of Jaguar XJ premium costs with and without policy discounts. The data is based on a male driver, no tickets, no at-fault accidents, North Carolina 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-car, claim-free, multi-policy, safe-driver, homeowner, and marriage discounts applied.
The best auto insurance companies and some of their more popular discounts are:
- American Family has discounts for multi-vehicle, good driver, air bags, TimeAway discount, accident-free, defensive driver, and early bird.
- Nationwide may include discounts for family plan, business or organization, defensive driving, accident-free, and Farm Bureau membership.
- MetLife includes discounts for good driver, accident-free, multi-policy, good student, defensive driver, and claim-free.
- 21st Century may have discounts that include driver training, good student, theft prevention, teen driver, anti-lock brakes, automatic seat belts, and early bird.
- Farmers Insurance offers discounts including switch companies, alternative fuel, youthful driver, teen driver, business and professional, and good student.
- Allstate offers premium reductions for 55 and retired, FullPay discount, eSmart discount, new car, auto/life discount, anti-theft, and premier discount.
Before you buy a policy, ask every company which discounts they offer. Some discounts may not be available in Greensboro. To view auto insurance companies that have a full spectrum of discounts in North Carolina, click this link.
Find Jaguar XJ Insurance for Less
Smart consumers have a good feel for some of the factors that help calculate your auto insurance rates. If you know what positively or negatively impacts your premiums, this enables you to make decisions that may reward you with big savings.
- Drive less and get lower rates – Driving more miles in a year the higher the price you pay to insure it. Most companies rate vehicles based upon how the vehicle is primarily used. Vehicles used primarily for pleasure use cost less to insure than vehicles that are driven to work every day. It’s a smart idea to ensure your policy is rated on annual mileage. A policy that improperly rates your XJ is just wasting money.
- Do you work long hours in a tough occupation? – Occupational choices like doctors, social workers, and medical professionals are shown to have the highest average rates because of high stress and extremely grueling work hours. Other careers like farmers, athletes and homemakers have lower than average premiums.
Premiums drop with age – Older, more experienced drivers are proven to be safer behind the wheel, file fewer claims, and receive fewer citations. Youthful drivers are known to be easily distracted when behind the wheel therefore auto insurance rates are much higher.
The following data is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.
- Minor frequent policy claims are not good – If you’re an insured who likes to file claims you shouldn’t be surprised to get either a policy non-renewal or much higher rates. Insurance companies in North Carolina generally give lower rates to insureds who only file infrequent claims. Your car insurance is intended for larger claims.
Jaguar XJ claim probability – Insurers analyze the history of losses to determine a price that will be profitable for them. Vehicles that statistically have higher number or severity of losses will cost more to insure. The next table illustrates the historical insurance loss data for Jaguar XJ vehicles.
For each type of coverage, the loss probability for all vehicles, regardless of make, model or trim level, is represented as 100. Numbers under 100 suggest a better than average loss history, while numbers above 100 point to more claims or tendency to have larger claims.
Car Insurance Loss Data for Jaguar XJ Models Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Jaguar XJ 4dr 2WD 254 Jaguar XJ 4dr 4WD 169 236 Jaguar XJ 4dr LWB 2WD 210 88 149 Jaguar XJ 4dr LWB 4WD 238 198BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Auto insurance can be complex
Always keep in mind that when comparing a policy, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply.
These are some specific questions may help you determine whether you would benefit from professional advice.
- Will my insurance pay for OEM parts?
- What if I total my Jaguar XJ and owe more than it’s worth?
- Does rental coverage apply when I am renting a car?
- Do I get a pro-rated refund if I cancel my policy early?
- Is my Jaguar XJ covered for smoke damage?
- Does my Jaguar XJ qualify for pleasure use?
- Do I need more liability coverage?
If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Car insurance is available from local agents
Many drivers just want to visit with an insurance agent and there is nothing wrong with that. The biggest benefit of getting free rate quotes online is that drivers can save money and get cheap car insurance rates but still work with a licensed agent. And buying from local insurance agencies is especially important in Greensboro.
For easy comparison, once you complete this short form, the coverage information is transmitted to insurance agents in Greensboro that can give you free Greensboro car insurance quotes for your business. There is no need to search for an agent as quotes are delivered to you instantly. You can most likely find cheaper rates without having to waste a lot of time. In the event you want to compare prices from a specific company, feel free to go to their quote page to submit a rate quote request.
Choosing the best provider is decision based upon more than just the premium amount. Agents should be asked these questions:
- Can you contact them at any time?
- Does the quote include credit and driving reports?
- How are claims handled?
- How long have they been in business?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Is the agency involved in supporting local community causes?
After talking to the agent and getting good responses to any questions you have and a low price estimate, you have narrowed it down to an provider that can provide car insurance coverage.
Persistence will pay off
As you quote Greensboro car insurance, do not reduce needed coverages to save money. In too many instances, someone sacrificed liability limits or collision coverage and discovered at claim time that they should have had better coverage. Your aim should be to buy the best coverage you can find at the best price while not skimping on critical coverages.
Budget-friendly auto insurance in Greensboro is definitely available from both online companies and from local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not offer rates over the internet and these smaller providers prefer to sell through independent agencies.
Steps to finding discount Jaguar XJ insurance in Greensboro
It takes a few minutes, but the best way to find discount auto insurance rates is to start doing a yearly price comparison from companies in Greensboro. Drivers can shop around by completing these steps.
- Get an understanding of auto insurance and the factors you can control to prevent high rates. Many risk factors that increase rates such as at-fault accidents, careless driving, and your credit history can be improved by making lifestyle changes or driving safer.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like Progressive and State Farm, while agents who are independent can quote rates from multiple companies. Select a company
- Compare the new rates to your current policy and determine if there is any savings. If you find a lower rate and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
The most important part of shopping around is that you’ll want to make sure you compare similar limits and deductibles on each price quote and and to analyze as many carriers as you can. Doing this guarantees a level playing field and and a good selection of different prices.
To learn more, feel free to visit the resources below:
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Who Has Cheap Auto Insurance Rates After a Speeding Ticket in Greensboro? (FAQ)
- Who Has Affordable Car Insurance Quotes for Drivers with Accidents in Greensboro? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Medical Payments Coverage (Liberty Mutual)
- Determining Auto Insurance Rates (GEICO)