Beginners to comparison shopping online are likely to find purchasing inexpensive Jaguar XJ insurance in Philadelphia can be quite difficult.
It’s a fact that insurance companies don’t want you quoting rates from other companies. People who compare rates once a year will presumably switch to a new company because they stand a good chance of finding better rates. A survey found that people who did price comparisons regularly saved an average of $865 a year compared to policyholders who never shopped around for better prices.
If finding the most affordable Jaguar XJ insurance is your ultimate objective, then having a good understanding how to shop for coverage rates can help simplify the process.
You need to do rate comparisons before your policy renews because insurance prices change quite often. Despite the fact that you may have had the best rates on Jaguar XJ insurance in Philadelphia two years ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because we’re going to show you the easiest way to find lower rates on car insurance.
If you are insured now, you will surely be able to save money using the concepts you’re about to learn. Our goal in writing this article introduce you to the best ways to compare prices and some tricks to saving. Although Pennsylvania drivers do need to know the way insurance companies set your policy premium and use it to your advantage.
When comparison shopping, quoting more provides better odds of finding more affordable rates. Not every company allows you to get online price quotes, so you should also compare price quotes from those companies as well.
The car insurance companies shown below have been selected to offer comparison quotes in Pennsylvania. If the list has multiple companies, we suggest you compare several of them in order to get a fair rate comparison.
Get discounts to get affordable Philadelphia auto insurance quotes
Auto insurance is expensive, but you might already qualify for some discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically when you quote, but some must be manually applied prior to getting the savings. If you do not check that you are getting every discount you deserve, you’re just leaving money on the table.
- Student Driver Training – Require your teen driver to enroll in driver’s education if offered at their school.
- Drive Safe and Save – Insureds who avoid accidents could pay up to 40% less than their less cautious counterparts.
- Philadelphia Homeowners Discount – Simply owning a home can help you save on auto insurance because of the fact that having a home requires personal responsibility.
- Club Memberships – Participating in a qualifying organization is a simple method to lower premiums on auto insurance.
- Discounts for Federal Employees – Being employed by or retired from a federal job can save as much as 8% with a few auto insurance companies.
Please keep in mind that some credits don’t apply to your bottom line cost. A few only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like it’s possible to get free car insurance, that’s just not realistic.
The illustration below compares Jaguar XJ insurance costs with and without some available policy discounts. The prices are based on a female driver, no accidents or driving violations, Pennsylvania state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, homeowner, safe-driver, claim-free, and multi-car discounts applied.
To view insurance companies offering auto insurance discounts in Pennsylvania, follow this link.
Insurance rate breakdown
The coverage information displayed next showcases a range of insurance premium costs for Jaguar XJ models. Being able to understand how insurance premiums are determined can help customers make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XJ SWB 4-Dr Sedan | $300 | $670 | $428 | $26 | $128 | $1,552 | $129 |
| XJ LWB 4-Dr Sedan | $326 | $738 | $428 | $26 | $128 | $1,646 | $137 |
| Get Your Own Customized Quote Go | |||||||
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Prices do not factor in vehicle location which can alter coverage rates greatly.
Physical damage deductibles: Should you raise them?
The hardest decision when buying coverage is what deductibles to buy. The following insurance rates outline the premium difference when you buy lower versus higher physical damage deductibles. The first set of rates uses a $250 deductible for physical damage and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XJ SWB 4-Dr Sedan | $386 | $734 | $330 | $20 | $98 | $1,593 | $133 |
| XJ LWB 4-Dr Sedan | $418 | $810 | $330 | $20 | $98 | $1,701 | $142 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XJ SWB 4-Dr Sedan | $314 | $592 | $330 | $20 | $98 | $1,354 | $113 |
| XJ LWB 4-Dr Sedan | $340 | $654 | $330 | $20 | $98 | $1,442 | $120 |
| Get Your Own Customized Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Rates do not factor in specific garaging location which can affect coverage rates significantly.
Based on these figures, using a $250 deductible could cost the average driver approximately $21 more each month or $252 a year than opting for the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you go at least 12 months between claims, you would save more money if you choose the higher deductible.
The chart below highlights how deductible choice and can influence Jaguar XJ insurance costs for each different age category. The rates are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Impact of speeding/accidents on auto insurance rates
The example below illustrates how violations and at-fault collisions can raise Jaguar XJ car insurance rates for different age groups. The premium estimates are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
Insurance premiums for males and females
The information below illustrates the difference between Jaguar XJ premium costs for male and female drivers. The rates are based on no violations or accidents, full coverage, $100 deductibles, marital status is single, and no policy discounts are applied.
How much more does full coverage cost in Philadelphia?
The example below shows the comparison of Jaguar XJ car insurance costs with and without physical damage coverage. The price estimates are based on no violations or accidents, $250 deductibles, drivers are not married, and no discounts are factored in.
When to stop paying for full coverage
There is no written rule for dropping comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let’s pretend your Jaguar XJ book value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $8,000 after the deductible is paid. If it’s costing in excess of $800 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are a few cases where dropping full coverage is not advised. If you still have a lienholder on your title, you have to keep full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage.
Do I need an insurance agent?
A lot of people still like to talk to an insurance agent and that is a smart decision One of the best bonuses of price shopping on the web is that drivers can save money and get the lowest rates and also buy local. And providing support for local agents is definitely important in Philadelphia.
To find an agent, once you fill out this quick form, your insurance coverage information is immediately sent to insurance agents in Philadelphia who want to provide quotes for your business. You don’t have to leave your house as quotes are delivered directly to you. Get lower rates and an insurance agent to talk to. If you wish to get a comparison quote from one company in particular, don’t hesitate to go to their quote page and complete a quote there.
If you’re trying to find a reliable insurance agency, there are two different types of agents that differ in how they can insure your vehicles. Insurance agencies in Philadelphia can be described as either independent agents or exclusive agents.
Independent Insurance Agencies or Brokers
Independent agents do not sell for just one brand so as a result can place your coverage with any number of different companies and get you the best rates possible. If they find a lower price, your policy is moved internally which requires no work on your part. When comparing rate quotes, you definitely need to check rates from several independent insurance agents for maximum quote selection. Many independent agencies also insure through less well-known companies that may have much lower rates than larger companies.
Below is a partial list of independent agents in Philadelphia who may be able to give you free rate quotes.
- Eckroth Insurance Group LLC
521 N 22nd St – Philadelphia, PA 19130 – (215) 232-0200 – View Map - Goebel Insurance Agency, Inc.
2026 S 12th St – Philadelphia, PA 19148 – (215) 465-9311 – View Map - Accu Insurance Agency
7010 Elmwood Ave – Philadelphia, PA 19142 – (215) 726-0270 – View Map
Exclusive Insurance Agencies
Agents in the exclusive channel have only one company to place business with and examples are Farmers Insurance, State Farm, Allstate, and AAA. These agents are unable to compare rates from other companies so you need to shop around if the rates are high. Exclusive agents are well schooled on what they offer which aids in selling service over price. Consumers sometimes buy insurance from these agents mostly because of the brand rather than low rates.
Shown below are Philadelphia exclusive insurance agents that can give you price quote information.
- Craig Alleyne – State Farm Insurance Agent
6335 Wayne Avenue – Philadelphia, PA 19144 – (215) 438-8440 – View Map - Vince Ovecka – State Farm Insurance Agent
456 E Girard Ave – Philadelphia, PA 19125 – (215) 739-0800 – View Map - Paul Hoffman – State Farm Insurance Agent
2655 S 12th St – Philadelphia, PA 19148 – (215) 389-4737 – View Map
Selecting an insurance agent should depend on more than just the bottom line cost. Ask your prospective agent these questions:
- How many companies do they write for?
- Do they have any clout with companies to ensure a fair claim settlement?
- Is their price quote a firm figure or are their hidden costs?
- Will you get a loaner vehicle if you car is being repaired?
- How experienced are they in personal risk management?
- Is working in the agency their full-time job?
If you get reasonable responses for all questions you ask as well as a price you’re happy with, most likely you have located an insurance agent that is a good match to properly service your insurance policy.
Why you need quality insurance for your vehicle
Even though Philadelphia XJ insurance rates can get expensive, paying for insurance serves several important purposes.
- Just about all states have minimum mandated liability insurance limits which means you are required to buy a specific minimum amount of liability insurance coverage in order to drive the car. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a loan on your Jaguar XJ, almost all lenders will stipulate that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank will be required to insure your Jaguar at a more expensive rate and force you to pay the higher premium.
- Insurance protects both your vehicle and your assets. Insurance will pay for medical bills for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay to defend you if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, your insurance policy will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance definitely exceed the price paid, specifically if you ever have a liability claim. The average driver in America is overpaying more than $865 each year so it’s important to compare rates every year to save money.
Coverages available on your policy
Having a good grasp of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and coverage can change by endorsement.
Collision coverage
Collision coverage pays for damage to your XJ resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as backing into a parked car, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible on your XJ to get cheaper collision coverage.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as hospital visits, prosthetic devices, nursing services and chiropractic care. They are used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible
Comprehensive coverage
Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things such as damage from flooding, falling objects, a tree branch falling on your vehicle and theft. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.
Since many Pennsylvania drivers only carry the minimum required liability limits (Pennsylvania limits are 15/30/5), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally the UM/UIM limits are set the same as your liability limits.
Auto liability insurance
This coverage will cover damage that occurs to other people or property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 15/30/5 that translate to $15,000 in coverage for each person’s injuries, $30,000 for the entire accident, and $5,000 of coverage for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage protects against things such as medical expenses, funeral expenses, attorney fees, bail bonds and loss of income. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Pennsylvania state law requires minimum liability limits of 15/30/5 but you should think about purchasing more coverage.
The next chart demonstrates why minimum state limits may not be high enough to cover claims.
Quote more and you will save more
There are still a few companies who don’t offer the ability to get a quote online and most of the time these regional insurance providers prefer to sell through independent insurance agents. Lower-priced Jaguar XJ insurance in Philadelphia is attainable both online as well as from independent agents in Philadelphia, so you should be comparing quotes from both in order to have the best chance of saving money.
We just presented some good ideas how you can lower your Jaguar XJ insurance car insurance rates in Philadelphia. The key concept to understand is the more rate comparisons you have, the higher your chance of finding cheaper Philadelphia auto insurance quotes. Consumers may even find the lowest car insurance rates are with an unexpected company.
When trying to cut insurance costs, you should never reduce needed coverages to save money. There have been many cases where someone dropped full coverage only to regret at claim time they didn’t purchase enough coverage. The proper strategy is to purchase a proper amount of coverage at the best cost while still protecting your assets.
Additional auto insurance information can be found on the following sites:
- Preventing Carjacking and Theft (Insurance Information Institute)
- What Car Insurance is Cheapest for a Ford Explorer in Philadelphia? (FAQ)
- Who Has Affordable Philadelphia Auto Insurance for Low Credit Scores? (FAQ)
- Who Has the Cheapest Auto Insurance for Good Drivers in Philadelphia? (FAQ)
- Should I Buy a New or Used Car? (Allstate)
- Speed and Speed Limit FAQ (iihs.org)