Everyone knows that insurance companies don’t want policyholders to shop around. Insureds who shop around for the cheapest rate are likely to move their business because there is a significant possibility of finding lower prices. A recent survey revealed that people who compared rate quotes regularly saved as much as $865 a year as compared to drivers who didn’t regularly shop around.
If finding the most affordable insurance is your ultimate target, learning how to get price quotes and compare cheaper coverage can make it easier for you to save money.
If saving the most money is your goal, then the best way to save on auto insurance rates in Jacksonville is to compare quotes once a year from insurance carriers in Florida.
- Step 1: Try to understand individual coverages and the factors you can control to drop your rates. Many policy risk factors that result in higher rates such as accidents, traffic tickets, and poor credit history can be remedied by making small lifestyle or driving habit changes.
- Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO or Farmers Insurance, while agents who are independent can give you price quotes from multiple sources.
- Step 3: Compare the quotes to the premium of your current policy to see if cheaper XF coverage is available. If you find a lower rate quote and decide to switch, ensure there is no coverage lapse between policies.
- Step 4: Provide proper notification to your current company to cancel your current coverage and submit a completed application and payment to your new company or agent. As soon as you receive it, store the proof of insurance certificate above your visor, in the console, or in the glove compartment.
A crucial key to this process is that you’ll want to make sure you compare identical coverages on each price quote and and to look at as many companies as you can. This provides an accurate price comparison and a better comparison of the market.
If you already have coverage or just want cheaper coverage, take advantage of these tips to shop for the lowest rates and still have adequate protection. Finding the cheapest car insurance coverage in Jacksonville can be much easier if you know how to start. Drivers just have to know the most efficient way to get comparison rates online from multiple companies.
Best companies for competitive Jaguar XF insurance in Florida
The following companies are ready to provide quotes in Jacksonville, FL. If multiple companies are shown, it’s highly recommended you visit as many as you can to get the best price comparison.
Insurance coverage details
The premium table shown next covers estimates of policy rates for Jaguar XF models. Having a good understanding how insurance policy rates are formulated is important for you to make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XF Luxury 4-Dr Sedan | $446 | $834 | $418 | $24 | $124 | $1,846 | $154 |
| XF Premium 4-Dr Sedan | $446 | $834 | $418 | $24 | $124 | $1,846 | $154 |
| XF Supercharged 4-Dr Sedan | $488 | $930 | $418 | $24 | $124 | $1,984 | $165 |
| XF R 4-Dr Sedan | $530 | $1028 | $418 | $24 | $124 | $2,124 | $177 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rates do not factor in specific Jacksonville garaging location which can modify rates significantly.
Should you buy full coverage?
The information below visualizes the comparison of Jaguar XF yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The information is based on a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are not married, and no policy discounts are applied.
Are you wasting money paying for full coverage?
There is no definitive rule to exclude full coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than 10% of the settlement you would receive from your company, then you may need to consider dropping full coverage.
For example, let’s pretend your Jaguar XF book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $7,000 after paying the physical damage deductible. If it’s costing in excess of $700 annually for full coverage, then you might want to think about dropping full coverage.
There are some circumstances where removing full coverage is not financially feasible. If you still owe a portion of the original loan, you are required to maintain full coverage as part of 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 not buy liability only.
How do Insurance Companies Determine Jaguar XF Insurance Rates?
Lots of factors are considered when premium rates are determined. A few of the factors are predictable like a motor vehicle report, although others are not as apparent such as your marital status or how safe your car is.
Shown below are some of the items used by insurance companies to determine your prices.
Your address can modify price – Having an address in a small town is a positive aspect when buying car insurance. Fewer drivers corresponds to lower accident rates in addition to fewer liability claims. City drivers have to deal with much more traffic and higher rates of accident claims. More time commuting means more chance of being in an accident.
Your occupation is a factor – Do you work in a high-stress field? Careers such as lawyers, police officers, and financial analysts are shown to have the highest average rates attributed to high stress and incredibly demanding work hours. Conversely, careers like professors, historians and retirees have the lowest average rates.
The higher your credit history the lower your premiums – Having a bad credit history is a large factor in calculating your car insurance rates. People with excellent credit tend to file fewer claims than those with lower credit ratings. If your credit can use some improvement, you could potentially save money when insuring your Jaguar XF by repairing your credit.
Always keep your policy in force – Letting your insurance expire is a fast way to bump up your car insurance costs. In addition to paying higher premiums, not being able to provide proof of insurance may result in a fine, jail time, or a revoked license.
Jaguar XF insurance claim data – Insurers use data from past claims as a tool for profitable underwriting. Models that have higher number or severity of losses will have higher rates. The table below illustrates the collected loss data for Jaguar XF vehicles.
For each type of coverage, the statistical loss for all vehicles averaged together is considered to be 100. Values below 100 are indicative of better than average losses, while numbers shown that are more than 100 point to more frequent losses or statistically larger losses.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Jaguar XF 4dr 2WD | 169 | 101 | 191 | 98 | ||
| Jaguar XF 4dr 4WD | 206 | 83 | 152 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
You may qualify for discounts for Jaguar XF insurance in Jacksonville
Some insurers don’t always publicize every discount very well, so below is a list some of the best known and the more hidden discounts that you can inquire about if you buy Jacksonville car insurance online.
- Telematics Discount – Insureds who allow their car insurance company to study when and where they use their vehicle by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they exhibit good driving behavior.
- Professional Organizations – Belonging to a qualifying organization is a simple method to lower premiums on your next car insurance statement.
- Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
- Defensive Driver Discounts – Participating in a defensive driving course may get you a small discount and easily pay for the cost of the class.
- Discounts for Federal Employees – Active or retired federal employment can save as much as 8% with certain companies.
- Discounts for Multiple Vehicles – Buying a policy with multiple vehicles with the same car insurance company can reduce the rates for all insured vehicles.
As a sidenote, most of the big mark downs will not be given to the entire cost. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like it’s possible to get free car insurance, it just doesn’t work that way.
The information below shows the comparison of Jaguar XF insurance premiums with and without discounts applied to the rates. The premiums are based on a male driver, no violations or accidents, Florida state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, safe-driver, marriage, multi-policy, and multi-car discounts applied.
Insurance companies that may offer policyholders these money-saving discounts include:
If you are trying to find affordable Jacksonville car insurance quotes, ask all companies you are considering how you can save money. Discounts may not apply to policies in every state.
Do I need an insurance agency?
A small number of people just want to buy from a licensed agent and that is a personal choice. Good agents are trained risk managers and help you file claims. The best thing about getting free rate quotes online is the fact that you can find lower rates and still choose a local agent.
Upon completion of this form (opens in new window), the coverage information gets sent to agents in your area that can provide free Jacksonville car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to search for an agent because prices are sent immediately to you. If you want to get a rate quote from a specific insurance company, don’t hesitate to find their quoting web page and submit a quote form there.
Picking the best insurance company should include more criteria than just the premium amount. Get answers to these questions too.
- How long has their agency been in business in Jacksonville?
- Which insurance company do they prefer to write with?
- Are they able to influence company decisions when a claim is filed?
- In the event of vehicle damage, can you pick the collision repair facility?
- By raising physical damage deductibles, how much would you save?
- Does the company have a local claim office in Jacksonville?
When narrowing the list to find a local Jacksonville insurance agent, it helps to know the two different agency structures and how they differ in how they quote coverages. Agents can be described as either independent or exclusive. Either can do a good job, but it’s important to point out why they differ because it may have an impact on your agent selection.
Exclusive Insurance Agencies
Exclusive insurance agents write business for a single company and some examples include Farmers Insurance or State Farm. They usually cannot give you multiple price quotes so they have no alternatives for high prices. They are usually well trained on their company’s products which aids in selling service over price.
Listed below are Jacksonville exclusive agencies who may provide you with price quote information.
Allstate Insurance: Jeff Bernard
7530 103rd St Ste 13 – Jacksonville, FL 32210 – (904) 777-3130 – View Map
Cam Anderson – State Farm Insurance Agent
4555 San Juan Ave – Jacksonville, FL 32210 – (904) 381-1206 – View Map
Randy Taylor – State Farm Insurance Agent
3041 Monument Rd #1 – Jacksonville, FL 32225 – (904) 642-2400 – View Map
Independent Agents
Agents that choose to be independent are normally appointed by many insurers so as a result can place your coverage with any number of different companies and possibly get better coverage at lower prices. If they quote lower rates, an independent agent can move your coverage without you having to go to a different agency. When searching for an agent, you will definitely want to compare quotes from at least one independent agent in order to compare the most rates.
Shown below is a short list of independent agents in Jacksonville willing to provide price quote information.
The Maverick Insurance Agency
9119 Merrill Rd #8 – Jacksonville, FL 32225 – (904) 743-6661 – View Map
Zellner Insurance Agency
4114 Sunbeam Rd #101 – Jacksonville, FL 32257 – (904) 356-1492 – View Map
Norris Insurance Agency
10695 Beach Blvd #1 – Jacksonville, FL 32246 – (904) 329-7950 – View Map
Compare rates regularly to save
You just learned many tips how you can reduce Jaguar XF insurance premium rates online in Jacksonville. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding low cost Jacksonville car insurance quotes. You may even find the most savings is with a small local company. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as Allstate, GEICO and Progressive.
Cheap Jaguar XF insurance in Jacksonville is available on the web and also from your neighborhood Jacksonville agents, so get free Jacksonville car insurance quotes from both of them to have the best selection. There are still a few companies who do not offer the ability to get quotes online and most of the time these small insurance companies work with independent agents.
When buying insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. There are too many instances where an insured dropped collision coverage to discover at claim time that it was a big error on their part. Your strategy should be to purchase plenty of coverage for the lowest price.
For more information, feel free to visit these articles:
- Liability Insurance Coverage (Nationwide)
- Who Has Cheap Car Insurance Rates for Drivers with a Bad Driving Record in Jacksonville? (FAQ)
- How Much is Jacksonville Auto Insurance for a Jeep Wrangler? (FAQ)
- Who Has Affordable Auto Insurance Rates for 19 Year Olds in Jacksonville? (FAQ)
- How Much are Car Insurance Quotes for Immigrants in Jacksonville? (FAQ)
- How Much are Auto Insurance Rates for Retired Military in Jacksonville? (FAQ)
- Who Has Cheap Auto Insurance for Veterans in Jacksonville? (FAQ)
- Auto Insurance Learning Center (State Farm)
- Teen Driving and Texting (State Farm)