Jaguar XJ Insurance Rate Quotes in Baltimore

Insurance for Jaguar XJReally, the only way to find affordable quotes for Jaguar XJ insurance is to begin comparing prices regularly from insurers who sell auto insurance in Baltimore.

  1. Get a basic knowledge of how insurance works and the changes you can make to drop your rates. Many risk factors that increase rates such as accidents, careless driving, and poor credit history can be rectified by paying attention to minor details.
  2. Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive and State Farm, while independent agencies can quote prices for a wide range of companies. Select a company
  3. Compare the price quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate, make sure there is no lapse between the expiration of your current policy and the new one.

One tip to remember is to compare similar coverage information on every quote request and and to get price quotes from all possible companies. Doing this enables a fair rate comparison and a thorough price selection.

A study showed that almost 70% of insureds in Maryland have bought insurance from the same company for well over three years, and approximately 40% of consumers have never compared rates with other companies. The average driver in America could save $850 every year, but most tend to underestimate the actual amount they would save if they swap their current policy for a cheaper one.

Finding and buying cheaper policy in Baltimore is easy to do. If you have coverage now or just want cheaper rates, use these cost-cutting techniques to get lower rates without reducing coverage. Smart buyers only need an understanding of the quickest method to compare company rates online from multiple companies.

All the larger auto insurance companies like Progressive, Allstate and GEICO provide prices for coverage online. The process doesn’t take a lot of time because it’s just a matter of typing in your coverage information into the quote form. After the form is submitted, their rating system pulls credit information and your driving record and generates a price based on many factors.

Getting online rates for Jaguar XJ insurance in Baltimore makes comparing rates easy, and it is imperative to have as many quotes as possible in order to get a better rate.

To quickly fill out one form to compare multiple rates now, compare rates from the companies below. If you currently have coverage, we recommend you type in the insurance coverages identical to your current policy. This guarantees you will get a rate comparison based on the exact same insurance coverage.

The companies shown below are our best choices to provide free rate quotes in Maryland. If you want to find cheap auto insurance in MD, it’s a good idea that you visit two to three different companies to find the cheapest car insurance rates.

Analysis of Jaguar XJ rates

The coverage information displayed below covers detailed analysis of insurance premium costs for Jaguar XJ models. Having a better understanding of how rate quotes are formulated can assist in making decisions when choosing a new policy provider.

Jaguar XJ Insurance Rates in Baltimore, MD
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XJ SWB 4-Dr Sedan $226 $472 $382 $22 $114 $1,216 $101
XJ LWB 4-Dr Sedan $246 $522 $382 $22 $114 $1,286 $107
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Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Price estimates do not factor in specific location information which can raise or lower price quotes considerably.

Higher deductibles lower rates

One of the more difficult decisions when buying insurance is where to set your physical damage deductibles. The rates below lay out the rate fluctuation between high and low deductibles. The first table uses a $100 deductible for comprehensive and collision coverage and the second price table uses a $500 deductible.

Jaguar XJ insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XJ SWB 4-Dr Sedan $530 $1082 $406 $24 $122 $2,189 $182
XJ LWB 4-Dr Sedan $574 $1194 $406 $24 $122 $2,345 $195
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Jaguar XJ insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XJ SWB 4-Dr Sedan $386 $730 $406 $24 $122 $1,668 $139
XJ LWB 4-Dr Sedan $420 $806 $406 $24 $122 $1,778 $148
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rates do not factor in zip code location which can influence price quotes substantially.

Based on the above data, using a $100 deductible costs an average of $45 more each month or $540 a year across all Jaguar XJ models than opting for the higher $500 deductible. Since you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 9 months between claims, you would come out ahead by going with a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $189
Average monthly premium for $500 deductibles (subtract): – $144
Monthly savings from raising deductible: $45
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $45
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 9 months

One big caveat is that a higher deductible level means you will have to pay more of your own money if you have a claim. That will necessitate some extra savings in the event you have to pay more to get your vehicle repaired.

Driving violations and accidents

The information below demonstrates how citations and at-fault fender-benders impact Jaguar XJ annual premium costs for different age groups. The rate quotes are based on a married male driver, comp and collision included, $500 deductibles, and no other discounts are factored in.

Annual premiums for males compared to females

The information below compares Jaguar XJ insurance costs for male and female drivers. The costs are based on no claims or violations, full coverage, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Insuring your vehicle just makes sense

Despite the high cost of buying insurance for a Jaguar XJ in Baltimore, insuring your vehicle serves an important purpose.

First, just about all states have minimum liability requirements which means the state requires a minimum amount of liability insurance coverage in order to be legal. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you took out a loan on your XJ, almost all lenders will make it a condition of the loan that you buy full coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender may insure your Jaguar at a much higher premium rate and force you to pay much more than you were paying before.

Third, insurance protects both your assets and your vehicle. It will also reimburse you for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of having insurance greatly outweigh the cost, especially if you ever need it. According to a recent study, the average American driver overpays as much as $810 a year so we recommend shopping around once a year at a minimum to save money.

Auto insurance specifics

Knowing the specifics of auto insurance can help you determine the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Uninsured or underinsured coverage

This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Jaguar XJ.

Due to the fact that many Maryland drivers only carry the minimum required liability limits (which is 30/60/15), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these coverages are identical to your policy’s liability coverage.

Liability coverages

This coverage will cover injuries or damage you cause to a person or their property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 30/60/15 that means you have $30,000 in coverage for each person’s injuries, a total of $60,000 of bodily injury coverage per accident, and a limit of $15,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability insurance covers things such as legal defense fees, medical services and medical expenses. How much coverage you buy is a personal decision, but consider buying higher limits if possible. Maryland state law requires minimum liability limits of 30/60/15 but you should consider buying better liability coverage.

The chart below shows why low liability limits may not provide you with enough coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like X-ray expenses, ambulance fees, nursing services, rehabilitation expenses and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as theft, falling objects and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Auto collision coverage

Collision coverage pays for damage to your XJ from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sideswiping another vehicle, crashing into a building, backing into a parked car and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible on your XJ in order to get cheaper collision rates.

Auto insurance company ratings

Selecting the top car insurance provider can be challenging considering how many companies there are in Maryland. The ranking information in the lists below may help you select which companies you want to consider when comparing rate quotes.

Top 10 Baltimore Car Insurance Companies by A.M. Best Rank

  1. Travelers – A++
  2. USAA – A++
  3. GEICO – A++
  4. State Farm – A++
  5. Titan Insurance – A+
  6. Esurance – A+
  7. Progressive – A+
  8. The Hartford – A+
  9. Allstate – A+
  10. Nationwide – A+

Top 10 Baltimore Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance