Affordable Jaguar XK Insurance in Bakersfield

If you want to find the absolute lowest rates, then the best way to get budget car insurance rates is to make a habit of comparing prices annually from different companies in Bakersfield.

First, spend a few minutes and learn about how companies set rates and the modifications you can make to prevent rate increases. Many rating criteria that cause rate increases like traffic violations and poor credit history can be amended by making small lifestyle or driving habit changes. Continue reading for more information to get lower rates and earn larger discounts.

Second, obtain price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from one company like Progressive or Farmers Insurance, while independent agencies can quote prices for a wide range of insurance providers.

Third, compare the new quotes to your current policy to determine if switching companies saves money. If you find better rates, ensure there is no coverage lapse between policies.

Fourth, give proper notification to your current agent or company of your intent to cancel your existing policy. Submit the completed application along with a down payment to the new company. As soon as you can, store the certificate verifying proof of insurance along with the vehicle’s registration papers.

A tip to remember is to use identical coverage information on each quote and and to get rates from as many companies as feasibly possible. This helps ensure an apples-to-apples comparison and the best price selection.

Sad but true, over 70% of drivers kept their policy with the same company for a minimum of four years, and approximately 38% of consumers have never quoted auto insurance rates at all. Most drivers in California could pocket nearly $500 a year, but they don’t invest the time required to shop their coverage around.

When price shopping your coverage, comparing more quotes provides better odds of finding the best price. Some insurance companies are not set up to provide online Bakersfield XK insurance quotes, so it’s recommended that you also compare rates from those companies as well.

The companies shown below are ready to provide free rate quotes in Bakersfield, CA. If multiple companies are shown, it’s highly recommended you visit several of them to get a more complete price comparison.

Insuring your vehicle just makes sense

Despite the high cost of buying insurance for a Jaguar XK in Bakersfield, paying for insurance is required for several reasons.

• The majority of states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability in order to be legal. In California 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, almost every bank will require you to have insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank may insure your Jaguar at a much higher premium rate and force you to pay the higher price.
• Insurance protects both your Jaguar and your personal assets. Insurance will pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance will also pay attorney fees if anyone sues you for causing an accident. If you have damage to your Jaguar as the result of the weather or an accident, your insurance policy will pay to restore your vehicle to like-new condition.

The benefits of insuring your XK definitely exceed the cost, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is overpaying over $800 each year so you should quote your policy with other companies at every renewal to ensure rates are inline.

Jaguar XK insurance rates and statistics

The premium table below highlights a range of insurance coverage prices for Jaguar XK models. Learning how rates are figured is important for drivers to make decisions on the best policy coverages.

Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in garaging location in Bakersfield which can modify rates significantly.

Deductible comparison

When comparing car insurance rates, the most common question is at what level do you set your deductibles. The tables below can help illustrate the price difference when you select higher and lower policy deductibles. The first table uses a $100 physical damage deductible and the second rate chart uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price information does not factor in Bakersfield location which can affect coverage rates significantly.

Based on this data, we can arrive at the conclusion that using a $100 deductible would cost the average driver about $53 more each month or $636 annually than selecting the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you average at least 8 months between claims, you would probably be better off if you choose the higher deductible.

The information below demonstrates how deductible levels and can increase or decrease Jaguar XK insurance rates for different categories of driver ages. The price estimates are based on a married male driver, full physical damage coverage, and no discounts are applied.

Reckless driving habits raise Bakersfield car insurance rates

The chart below demonstrates how speeding tickets and accidents increase Jaguar XK annual premium costs for different age groups. The premiums are based on a married male driver, comp and collision included, $500 deductibles, and no other discounts are factored in.

Male drivers versus female drivers

The illustration below shows the comparison of Jaguar XK yearly insurance costs for male and female drivers. The data assumes no claims or driving violations, comp and collision included, $1,000 deductibles, drivers are single, and no discounts are taken into consideration.

Affordable Bakersfield car insurance rates with discounts

Companies offering auto insurance don’t always publicize every discount available very well, so the list below details both the well known and the more hidden credits available to bring down your rates.

• Driving Data Discount – Bakersfield drivers who agree to allow their car insurance company to spy on their driving habits by using a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction if they have good driving habits.
• Early Signing – Select larger companies give a discount for switching companies before your current coverage expires. Ten percent is about the average savings.
• Discount for Home Ownership – Simply owning a home can earn you a little savings because of the fact that having a home is proof that your finances are in order.
• Discounts for Responsible Drivers – Drivers without accidents can save as much as half off their rates than drivers with accident claims.
• Good Student – A discount for being a good student may save you up to 25%. You can use this discount normally up to age 25.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire cost. Some only apply to individual premiums such as physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

The diagram below illustrates the difference between Jaguar XK insurance rates with and without discounts applied to the policy premium. The rates are based on a male driver, no tickets, no at-fault accidents, California state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, safe-driver, homeowner, marriage, and multi-car discounts applied.

To see a list of insurance companies with discount rates in Bakersfield, click here to view.

Bakersfield car insurance companies

Ending up with a high-quality insurance provider can be a challenge considering how many different companies sell coverage in California. The information in the lists below may help you decide which companies to look at putting your business with.

Top 10 Bakersfield Car Insurance Companies Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. AAA of Southern California
5. Titan Insurance
6. The General
7. AAA Insurance
8. State Farm
9. Mercury Insurance
10. Nationwide