It’s an obvious statement that auto insurance companies want to keep your business as long as possible. Drivers who shop around for cheaper prices will presumably move their business because the odds are good of getting low-cost coverage. A recent survey found that consumers who routinely shopped around saved about $3,500 over four years compared to people who never shopped around for lower prices.
If finding the lowest rates on auto insurance in Dallas is your goal, then having a good understanding the best way to shop and compare car insurance can make the process less intimidating.
Truthfully, the best way to get discount Jaguar XJ insurance is to annually compare prices from insurance carriers that sell auto insurance in Dallas. Drivers can shop around by completing these steps.
- Take a few minutes and learn about how your policy works and the steps you can take to prevent high rates. Many rating criteria that cause high rates like multiple speeding tickets and a less-than-favorable credit history can be rectified by improving your driving habits or financial responsibility.
- Request price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO or State Farm, while independent agencies can quote prices from many different companies. Begin your rate comparison
- Compare the quotes to the premium of your current policy and see if you can save money. If you find better rates and switch companies, ensure there is no coverage lapse between policies.
- Tell your current company of your decision to cancel your existing policy. Submit a signed application and payment to the new company. Once coverage is bound, place your new proof of insurance certificate in your vehicle.
A key point to remember is to make sure you’re comparing similar coverage information on each price quote and and to compare all possible companies. Doing this ensures the most accurate price comparison and and a good selection of different prices.
If you have coverage now or are shopping for new coverage, use these techniques to get lower rates without sacrificing coverage. Quoting and comparing the best insurance coverage in Dallas is not as confusing as people think. Vehicle owners just need to understand the most efficient way to compare price quotes using one simple form.
Companies offering Jaguar XJ insurance in Texas
The companies shown below are our best choices to provide price comparisons in Texas. If multiple providers are shown, we suggest you get rate quotes from several of them to get a more complete price comparison.
Jaguar XJ coverage analysis
The premium table shown below highlights estimates of coverage costs for Jaguar XJ models. Having knowledge of how policy premiums are established is important for drivers to make decisions on the best policy to buy.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
XJ SWB 4-Dr Sedan | $212 | $444 | $358 | $22 | $108 | $1,144 | $95 |
XJ LWB 4-Dr Sedan | $230 | $490 | $358 | $22 | $108 | $1,208 | $101 |
Get Your Own Custom Quote Go |
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Prices do not factor in zip code location which can change coverage rates noticeably.
Physical damage deductibles: Should you raise them?
When buying car insurance, a common question is how high should the physical damage coverage deductibles be. The premium rates below may help to conceptualize the costs and benefits between low and high policy deductibles. The first data set uses a $250 deductible and the second pricing table uses a $1,000 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
XJ SWB 4-Dr Sedan | $446 | $850 | $382 | $22 | $114 | $1,839 | $153 |
XJ LWB 4-Dr Sedan | $484 | $938 | $382 | $22 | $114 | $1,965 | $164 |
Get Your Own Custom Quote Go |
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
XJ SWB 4-Dr Sedan | $276 | $534 | $382 | $22 | $114 | $1,328 | $111 |
XJ LWB 4-Dr Sedan | $298 | $590 | $382 | $22 | $114 | $1,406 | $117 |
Get Your Own Custom Quote Go |
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Premium amounts do not factor in specific garaging location which can change coverage rates significantly.
Based on this data, using a $250 deductible could cost the average driver approximately $45 more each month or $540 for a full year than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 17 months between claim filings, you would probably come out ahead if you elect the higher deductible.
How to calculate if higher deductibles make sense
Average monthly premium for $250 deductibles: | $159 |
Average monthly premium for $1,000 deductibles (subtract): | – $114 |
Monthly savings from raising deductible: | $45 |
Difference between deductibles ($1,000 – $250): | $750 |
Divide difference by monthly savings: | $750 / $45 |
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
Jaguar XJ liability rates compared to full coverage
The example below illustrates the difference between Jaguar XJ auto insurance rates with liability coverage only compared to full coverage. The costs are based on no claims or driving violations, $250 deductibles, drivers are not married, and no additional discounts are factored in.
When to buy liability coverage only
There is no written rule to eliminate full coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Jaguar XJ replacement cost is $5,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company would pay you is $4,000 after paying your policy deductible. If you are currently paying more than $400 annually for physical damage coverage, then you may need to consider dropping full coverage.
There are a few cases where buying only liability insurance is not in your best interest. If you still owe money on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage.
Dallas auto insurance discounts
Some insurers don’t always advertise every policy discount very well, so the list below contains some of the more common and also the lesser-known discounts you could be receiving when you buy Dallas car insurance online. If you do not check that you are getting every discount possible, you may be paying too high a price.
- Student Discounts – Excelling in school may save you up to 25%. Most companies allow this discount until age 25.
- Multi-policy Discount – If you have multiple policies and place coverage with the same company you may earn over 10 percent off each policy depending on the company.
- Service Members Pay Less – Being on active deployment in the military can result in better rates.
- Braking Control Discount – Cars and trucks that have anti-lock braking systems are much safer to drive and qualify for as much as a 10% discount.
- Savings for New Vehicles – Insuring a new XJ can be considerably cheaper because newer vehicles have to meet stringent safety requirements.
- Passenger Safety Discount – Factory options such as air bags may qualify for discounts of more than 20%.
- Low Mileage Discounts – Driving less could qualify for lower auto insurance rates due to less chance of an accident.
- Discounts for Government Workers – Active or retired federal employment could cut as much as 10% off depending on your company.
As a sidenote, most discount credits are not given to the overall cost of the policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like having all the discounts means you get insurance for free, you aren’t that lucky. But any discount will help reduce the cost of coverage.
The illustration below illustrates the comparison of Jaguar XJ car insurance costs with and without some available policy discounts. The prices are based on a male driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-car, homeowner, marriage, and multi-policy discounts applied.
The best auto insurance companies and a selection of discounts include:
- Travelers offers discounts for IntelliDrive, continuous insurance, good student, student away at school, and home ownership.
- 21st Century offers premium reductions for automatic seat belts, 55 and older, homeowners, teen driver, theft prevention, and air bags.
- State Farm has discounts for good student, driver’s education, multiple autos, Drive Safe & Save, accident-free, defensive driving training, and good driver.
- GEICO may have discounts that include good student, membership and employees, driver training, military active duty, and daytime running lights.
- SAFECO may offer discounts for anti-theft, safe driver, drive less, multi-car, teen safety rewards, and accident prevention training.
- AAA policyholders can earn discounts including good driver, education and occupation, anti-theft, multi-policy, and multi-car.
When quoting, ask each company which discounts you qualify for. Depending on the company, some discounts might not be offered on policies in your area. If you would like to see a list of auto insurance companies that offer the discounts shown above in Texas, click this link.
How do Insurance Companies Determine Jaguar XJ Insurance Rates?
One of the most helpful ways to save on car insurance is to to have a grasp of some of the things that help calculate the rates you pay for car insurance. When you understand what influences your rates, this enables informed choices that will entitle you to much lower annual insurance costs.
The itemized list below are just a few of the factors used by insurance companies to determine your rates.
Stress out and pay more – Did you know your career choice can influence rates? Careers like lawyers, architects, and accountants usually pay the highest rates due to job stress and long work hours. Other careers such as actors, athletes and retirees receive lower rates.
Keep premiums low by being claim-free – If you file a lot of claims you shouldn’t be surprised to get either policy cancellation or increased premiums. Car insurance companies in Texas give discounts to drivers who only file infrequent claims. Insurance coverage is intended for more catastrophic claims.
Urban residents pay more – Living in areas with lower population is a good thing if you are looking for the lowest rates. Less people corresponds to lower accident rates as well as less vandalism and auto theft. City drivers have more aggressive driving styles and more severe claims. Higher commute times statistically corresponds to a higher accident and claim rate.
Prices go up with performance – The type of car you are insuring makes a huge difference in how high your rates are. The lowest rates tend to be for smaller low performance passenger models, but that’s not the only thing that factors into the final price.
The following chart uses these variables: single female driver age 40, full coverage with $250 deductibles, and no discounts or violations. It illustrates Jaguar XJ rates compared to other models of vehicles that have different performance rating factors.
Bundle policies and save – Most larger companies provide lower prices to customers who consolidate policies with them, otherwise known as a multi-policy discount. Discounts can add up to ten or even fifteen percent. Even though this discount sounds good, it’s still a good idea to comparison shop to verify if the discount is saving money. It’s possible to still find lower rates by splitting coverages up.
Improve your credit rating and save – Credit rating can be an important factor in determining premium rates. Insureds with excellent credit tend to be better drivers and file fewer claims than drivers who have worse credit. Therefore, if your credit history leaves room for improvement, you could potentially save money when insuring your Jaguar XJ by taking the time to improve your credit score.
Gender and car insurance premiums – Statistics show that men are more aggressive behind the wheel. However, don’t assume that men are WORSE drivers than women. Males and females cause auto accidents at about the same rate, but men tend to have more serious accidents. Not only are claims higher, but men get ticketed for serious violations like driving under the influence (DUI).
The illustration below shows the difference between Jaguar XJ car insurance rates for male and female drivers. The data is based on no accidents or driving violations, full physical damage coverage, $100 deductibles, drivers are not married, and no policy discounts are applied.
Discounts for married drivers – Getting married actually saves money when buying car insurance. Having a spouse translates into being more financially stable and insurance companies like that drivers who are married file infrequent claims.
Jaguar XJ insurance loss statistics – Companies analyze the history of losses to help set a rate to offset losses. Models that historically have a higher amount or frequency of claims will cost more for coverage.
The next table illustrates the historical insurance loss data for Jaguar XJ vehicles. For each type of coverage, the claim amount for all vehicles as a whole equals 100. Numbers below 100 are indicative of better than average losses, while percentage values above 100 indicate higher probability of having a loss or an increased probability of a larger loss.
Vehicle 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 | 198 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
There’s no such thing as the perfect auto insurance policy
When it comes to coverage for your vehicles, there really is not a best way to insure your cars. Your needs are unique to you so your insurance should reflect that
These are some specific questions may help you determine whether your personal situation may require specific advice.
- Are all vehicle passengers covered by medical payments coverage?
- Can I drive in Mexico and have coverage?
- Who sells insurance for high-risk drivers?
- Does coverage extend to my business vehicle?
- Should I pay a claim out-of-pocket?
- Can I insure my car for more than it’s worth?
- I have a DUI can I still get coverage?
If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
Shop online but buy locally
Many drivers just prefer to get advice from a local agent and that is OK! Good insurance agents are highly skilled in risk management and help submit paperwork. A good thing about comparing rate quotes online is that drivers can save money and get better rates and still have a local agent.
To help locate an agent, after submitting this quick form, your insurance data is instantly submitted to agents in your area who can give free rate quotes and help you find cheaper coverage. It’s much easier because you don’t need to contact any agents due to the fact that quote results will go directly to you. If you have a need to get a comparison quote from a specific insurance company, you just need to navigate to their website and submit a quote form there.
Picking an provider is decision based upon more than just the quoted price. Here are some questions to ask:
- By raising physical damage deductibles, how much would you save?
- Which companies can they place coverage with?
- Do they have cheaper tiers of coverage?
- Does the agency have a current Errors and Omissions policy?
- Can you contact them at any time?
- What are the financial ratings for the companies they represent?
- If your car is totaled, how to they determine the replacement cost?
- What company holds the largest book of business for them?
When narrowing the list to find a local Dallas insurance agency, it can be helpful to understand the different agency structures and how they can service your needs differently. Car insurance agencies can either be exclusive or independent. Both sell car insurance policies, but it’s important to know the difference in the companies they write for because it can factor into buying decisions.
Exclusive Car Insurance Agents
Exclusive agencies can only quote rates from one company like Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot place coverage with different providers so keep that in mind. Exclusive agents are highly trained on the products they sell which helps them compete with independent agents. Consumers sometimes use the same agent mainly due to the brand rather than low price.
Shown below are exclusive insurance agents in Dallas that can give you price quotes.
- Scott Beseda – State Farm Insurance Agent
4411 Lemmon Ave #203 – Dallas, TX 75219 – (214) 219-6610 – View Map - Dan Stanton – State Farm Insurance Agent
3767 Forest Ln #107 – Dallas, TX 75244 – (972) 243-8894 – View Map - Earl Gordon – State Farm Insurance Agent
7605 McCallum Blvd – Dallas, TX 75252 – (972) 407-9995 – View Map
Independent Insurance Agents
Agents that choose to be independent are not limited to a single company so they can write business through many different car insurance companies and find you cheaper rates. If you are not satisfied with one company, the business is moved internally and you don’t have to switch agencies. When comparing car insurance rates, it’s recommended you get several quotes from at least one independent agent for maximum quote selection. Many can place coverage with additional companies that you may not be familiar with that many times have cheaper rates.
The following is a short list of independent agents in Dallas that can give you rate quotes.
- Ross “Pistol” Love – Love Insurance Agency
5400 E Mockingbird Ln #224 – Dallas, TX 75206 – (214) 843-0772 – View Map - Nationwide Insurance: The Rod Hanks Agency Inc
6300 Samuell Blvd #05 – Dallas, TX 75228 – (214) 275-8372 – View Map - Northwest Insurance
11722 Marsh Ln # 345 – Dallas, TX 75229 – (214) 352-5656 – View Map
Compare but don’t skimp
When you buy Dallas car insurance online, never skimp on coverage in order to save money. In many cases, drivers have reduced liability limits or collision coverage and found out when filing a claim they didn’t have enough coverage. Your aim should be to get the best coverage possible for the lowest price while still protecting your assets.
You just learned some good ideas how you can reduce Jaguar XJ insurance premium rates online in Dallas. The key thing to remember is the more times you quote, the better your comparison will be. You may even discover the lowest premium rates are with some of the smallest insurance companies. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Progressive and GEICO.
Helpful information
- Smart Auto Insurance Tips (Insurance Information Institute)
- Who Has the Cheapest Dallas Auto Insurance for High Risk Drivers? (FAQ)
- How Much are Dallas Auto Insurance Rates for a Toyota Highlander? (FAQ)
- How Much is Dallas Auto Insurance for a Toyota 4Runner? (FAQ)
- Who Has Affordable Dallas Car Insurance Rates for Drivers with a DUI? (FAQ)
- Who Has the Cheapest Car Insurance Rates for a Subaru Outback in Dallas? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Auto Insurance FAQ (Farmers Insurance)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Teen Driver Licensing Information (iihs.org)