Insurance rates Jaguar XK in DenverTrying to come up with a payment for high-priced auto insurance can eat up your bank account and force you to tighten up your finances. Performing a price comparison is recommended to tighten up your finances.

Astonishing but true according to a recent study, a large majority of drivers kept their policy with the same company for more than four years, and just under half have never shopped around. Drivers in the United States could save themselves up to $860 a year just by shopping around, but they don't want to spend time to shop around.

Insurance companies such as GEICO and Progressive persitently shower you with advertising and it is difficult to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

Smart Consumers Can Slash Their Insurance Costs

It's important that you understand a few of the rating criteria that help determine the level of your policy premiums. When you understand what determines premiums, this allows you to make good choices that will entitle you to big savings. Many factors are part of the calculation when premium rates are determined. Most are fairly basic such as your driving record, but others are less apparent such as your marital status or your commute time.

To find the best car insurance quotes, there are several ways to get quotes from lots of Colorado car insurance companies. The best way to comparison shop is to use the internet to compare rates.

Doing price comparisons online is so simple that it replaces the need to spend time driving to insurance agencies in your area. Quoting and buying Jaguar XK insurance online makes this unnecessary unless you have a need for the extra assistance of a local agency. Although, it is possible compare online quotes and get advice from an agent in your area.

Keep in mind that comparing a wide range of rates increases your odds of finding a lower rate than you're paying now.

The following companies can provide price comparisons in Denver, CO. If several companies are displayed, we recommend you visit as many as you can to get the best price comparison.

Jaguar XK Insurance Costs in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XK Portfolio 2-Dr Coupe $428 $1070 $388 $22 $116 $2,024 $169
XK 2-Dr Coupe $402 $938 $404 $24 $120 $1,888 $157
XK Portfolio 2-Dr Convertible $472 $994 $426 $26 $128 $2,046 $171
XK 2-Dr Convertible $414 $848 $368 $22 $110 $1,762 $147
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Price information does not factor in specific location information which can influence premium rates considerably.

Violations and accidents raise rates

The chart below highlights how speeding tickets and fender-benders influence Jaguar XK insurance costs for different age groups. The premiums are based on a single female driver, full coverage, $1,000 deductibles, and no discounts are factored in.

Choosing deductibles

One common question asked by Denver drivers is how high should the physical damage coverage deductibles be. The comparison tables below may help you to understand the rate fluctuation when you buy lower versus higher insurance deductibles. The first rate quote example uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.

Jaguar XK insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XK Portfolio 2-Dr Coupe $446 $946 $298 $18 $90 $1,823 $152
XK 2-Dr Coupe $446 $946 $298 $18 $90 $1,823 $152
XK Portfolio 2-Dr Convertible $480 $866 $352 $20 $106 $1,849 $154
XK 2-Dr Convertible $480 $866 $352 $20 $106 $1,849 $154
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Jaguar XK insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XK Portfolio 2-Dr Coupe $276 $596 $298 $18 $90 $1,278 $107
XK 2-Dr Coupe $276 $596 $298 $18 $90 $1,278 $107
XK Portfolio 2-Dr Convertible $298 $544 $352 $20 $106 $1,320 $110
XK 2-Dr Convertible $298 $544 $352 $20 $106 $1,320 $110
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Price estimates do not factor in specific zip code location which can revise prices greatly.

Based on this data, using a $250 deductible would cost the average driver about $44 more each month or $528 each year than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 17 months between claims, you would probably save some money if you choose a higher deductible. The illustration below shows the way we made this calculation.

Average monthly premium for $250 deductibles: $153
Average monthly premium for $1,000 deductibles (subtract): - $109
Monthly savings from raising deductible: $44
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $44
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One thing to note is that raising deductibles to get cheaper rates results in a higher out-of-pocket expense if you have a claim. You need to make sure you have some available funds in the event you need to pay the higher deductible in order to repair your vehicle.

Beware of misleading auto insurance ads

21st Century, Allstate and State Farm regularly use ads on TV and radio. All the ads try to convey promises about saving some big amount just by switching to their company. How does each company give you a lower rate on Jaguar XK insurance in Denver? Just pay attention to how they say it.

Most companies have specific characteristics for a prospective insured they prefer to insure. For example, a profitable insured may be over age 30, has a clear driving record, and chooses high deductibles. Any person who matches that profile will get the preferred rates in Denver and as a result will probably pay quite a bit less when switching companies.

Consumers who do not fit those criteria will probably have to pay a higher premium and this results in the customer not purchasing. Company advertisements say "customers that switch" not "everybody who quotes" save that kind of money. That's why insurance companies can confidently advertise the way they do.

Because every company is different, you absolutely need to compare rate quotes every year. It's just not possible to know the company that will fit your personal profile best.

Three good reasons to insure your Jaguar vehicle

Despite the high insurance cost for a Jaguar XK in Denver, insuring your vehicle is required by state law in Colorado and it also provides benefits you may not be aware of.

First, just about all states have mandatory insurance requirements which means the state requires a specific level of liability insurance in order to drive the car. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if your vehicle has a loan, most banks will require that you have full coverage to guarantee payment of the loan. If you do not keep the policy in force, the lender may insure your Jaguar at a much higher premium rate and force you to pay for the much more expensive policy.

Third, insurance protects both your car and your personal assets. Insurance will also pay for many types of medical costs for yourself as well as anyone injured by you. Liability coverage also pays expenses related to your legal defense if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.

The benefits of insuring your car outweigh the cost, especially if you ever need it. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $865 each year so compare quotes from several companies at every renewal to ensure rates are competitive.

Take policy discounts and save on Jaguar XK insurance in Denver

Insuring your fleet can be pricey, but there could be available discounts that you may not even be aware of. Certain reductions will be credited when you purchase, but a few must be requested specifically in order for you to get them. If you don't get every credit you qualify for, you are paying more than you should be.Insurance discounts

As a disclaimer on discounts, many deductions do not apply to the whole policy. A few only apply to individual premiums such as comp or med pay. Even though it may seem like you can get free auto insurance, that's just not realistic.

Some of the insurance companies that may include these money-saving discounts are:

When quoting, ask every company how many discounts you can get. Some of the earlier mentioned discounts may not apply to policyholders in every state. To choose providers with discount rates in Colorado, click here.

Local insurance agents

Certain consumers just prefer to buy from a local agent and that is OK! The biggest benefit of comparing insurance prices online is that drivers can save money and get cheap auto insurance quotes but also keep your business local. And providing support for local insurance agents is definitely important in Denver.

Upon completion of this short form, the quote information is submitted to local insurance agents in Denver that provide free Denver car insurance quotes to get your business. There is no reason to even leave your home as quotes are delivered straight to your inbox. You can most likely find cheaper rates and a licensed agent to work with. If for some reason you want to get a rate quote for a specific company, feel free to jump over to their website and fill out the quote form the provide.

Insurance agent types

If you need to find a reliable insurance agency, it helps to know the two types of agencies and how they function. Auto insurance policy providers are classified as either independent or exclusive.

Independent Agents

Agents that choose to be independent can sell policies from many different companies so they have the ability to put coverage with an assortment of companies and help determine which has the cheapest rates. If they find a cheaper price, your agent can switch companies and you don't have to find a new agent. When comparing auto insurance rates, we recommend you compare quotes from a couple of independent agencies to ensure the widest selection of prices.

Below is a short list of independent insurance agencies in Denver who may be able to give you cheap rate quotes.

1400 S Columbine St - Denver, CO 80210 - (970) 230-3020 - View Map

4704 Harlan St #360 - Denver, CO 80212 - (303) 237-5445 - View Map

Westwood Insurance
57 W Alameda Ave - Denver, CO 80223 - (303) 722-2841 - View Map

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Exclusive Agencies

These agents have only one company to place business with like AAA, Allstate, and State Farm. Exclusive agents cannot provide rate quotes from other companies so they really need to provide good service. These agents are usually well trained on the products they sell which helps offset the inability to provide other markets.

Shown below is a short list of exclusive insurance agents in Denver who can help you get comparison quotes.

999 S Monaco Pkwy #200 - Denver, CO 80224 - (303) 424-0420 - View Map

1490 N Lafayette St #302b - Denver, CO 80218 - (303) 433-4542 - View Map

2855 Speer Blvd Suite D - Denver, CO 80211 - (303) 333-0205 - View Map

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Finding the right car insurance agent should include more criteria than just a low price. Any good agent in Denver should know the answers to these questions.

When do I need an agent's advice?

When choosing the best car insurance coverage for your vehicles, there really isn't a one-size-fits-all type of policy. Each situation is unique.Drive safe and save

For example, these questions might point out if your situation might need professional guidance.

If you're not sure about those questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, take a second and complete this form.

Get the best coverage at the lowest price

Discount Jaguar XK insurance in Denver can be found both online as well as from insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some companies do not offer the ability to get quotes online and these regional carriers provide coverage only through local independent agents.

Consumers who switch companies do it for a number of reasons such as delays in paying claims, extreme rates for teen drivers, not issuing a premium refund and denial of a claim. No matter why you want to switch, choosing a new company can be easier than you think.

Throughout this article, we presented a lot of ways to lower your Jaguar XK insurance premium rates in Denver. The key thing to remember is the more providers you compare, the higher your chance of finding low cost Denver car insurance quotes. Consumers may even find the best price on car insurance is with a smaller regional carrier.

Additional car insurance information can be found at these links: