It takes a little time, but the best way to get low-cost auto insurance rates is to compare prices at least once a year from different companies who can sell car insurance in Durham. Rates can be compared by following these steps.
First, read about how companies set rates and the things you can change to lower rates. Many policy risk factors that result in higher rates like accidents, traffic violations, and poor credit rating can be rectified by making minor changes to your lifestyle.
Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO or Farmers Insurance, while agents who are independent can give you price quotes for a wide range of companies. View prices
Third, compare the price quotes to the price on your current policy to see if you can save by switching companies. If you find a better price, ensure coverage does not lapse between policies.
One key aspect of rate comparisons is that you use the same level of coverage on each quote and and to compare as many companies as you can. Doing this guarantees an accurate price comparison and the best rate selection.
It’s a known fact that insurance companies don’t want you to look at other companies. People who get price comparisons will probably switch to a new company because of the good chance of finding a lower-priced policy. Remarkably, a study showed that drivers who routinely compared rates saved on average $3,500 over four years compared to people who never shopped around.
If finding the best price on Jaguar XJ insurance is your ultimate objective, learning the best way to compare insurance rates can help you succeed in finding affordable rates.
This information will help educate you on the best way to quote coverages and how you can save the most money. If you are insured now, you will most likely be able to get lower rates using the techniques covered below. Although North Carolina consumers must learn how insurance companies calculate your policy premium.
The fastest way that we advise to get policy rate comparisons for Jaguar XJ insurance in Durham is to realize most insurance companies have advanced systems to provide you with a free rate quote. To begin a comparison, all you need to do is give them rating details such as marital status, whether your vehicle is owned or leased, which vehicles you own, and if you have an active license. Your information is then sent to insurance carriers in your area and they provide comparison quotes instantly to find the best rate.
If you wish to get multiple quotes for your Jaguar XJ now, click here and see if a lower rate is available in Durham.
The car insurance companies shown below are ready to provide price quotes in Durham, NC. If you wish to find cheap auto insurance in Durham, NC, we recommend you get price quotes from several of them to get a more complete price comparison.
Rate information and statistics
The premium information below showcases different insurance rates for Jaguar XJ models. Having a good grasp of how car insurance prices are formulated is important for you to make smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XJ SWB 4-Dr Sedan | $250 | $550 | $234 | $14 | $70 | $1,118 | $93 |
| XJ LWB 4-Dr Sedan | $272 | $608 | $234 | $14 | $70 | $1,198 | $100 |
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Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Estimates do not factor in garaging location in Durham which can increase or decrease auto insurance rates substantially.
Rate comparison for different deductibles
When shopping for car insurance, a common question is where to set your physical damage deductibles. The tables below illustrate the premium difference between high and low policy deductibles. The first rate quote example uses a $250 deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XJ SWB 4-Dr Sedan | $292 | $556 | $250 | $14 | $74 | $1,211 | $101 |
| XJ LWB 4-Dr Sedan | $316 | $614 | $250 | $14 | $74 | $1,293 | $108 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XJ SWB 4-Dr Sedan | $180 | $350 | $250 | $14 | $74 | $868 | $72 |
| XJ LWB 4-Dr Sedan | $196 | $386 | $250 | $14 | $74 | $920 | $77 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Price estimates do not factor in vehicle location which can impact insurance rates greatly.
We can estimate from the data above that using a $250 deductible will cost you about $30 more each month or $360 a year across all Jaguar XJ models than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at least 25 months between claim filings, you would most likely save money if you opt for a higher deductible.
Responsible drivers pay cheaper Durham car insurance rates
The information below illustrates how violations and at-fault accidents drive up Jaguar XJ insurance costs for different age groups. The prices are based on a single female driver, comp and collision included, $250 deductibles, and no policy discounts are applied.
Why you need quality insurance for your Jaguar XJ
Even though it’s not necessarily cheap to insure a Jaguar in Durham, insuring your vehicle may be required and benefits you in several ways.
- The majority of states have compulsory liability insurance requirements which means you are required to carry specific minimum amounts of liability if you don’t want to risk a ticket. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your XJ has a loan, it’s most likely the lender will have a requirement that you have full coverage to guarantee loan repayment. If you do not keep the policy in force, the lender will be forced to insure your Jaguar at a much higher premium rate and force you to pay for the much more expensive policy.
- Insurance preserves both your Jaguar XJ and your assets. It will also reimburse you for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, will also pay to defend you in the event you are sued. If your car is damaged in a storm or accident, your insurance policy will pay to have it repaired.
The benefits of insuring your XJ definitely exceed the cost, specifically if you ever have a liability claim. The average driver in America is currently overpaying as much as $855 a year so it’s very important to do a rate comparison once a year at a minimum to be sure current rates are still competitive.
Five Things That Determine Your Insurance Prices
Smart consumers have a good feel for some of the things that play a part in calculating your policy premiums. If you know what influences your rates, this allows you to make good choices that could help you find much lower annual insurance costs. Many different elements are part of the equation when pricing auto insurance. Some factors are common sense like an MVR report, although others are more obscure like where you live or your vehicle rating.
- Gaps in coverage mean higher rates – Driving your car without having proper coverage is a big no-no and you may have a hard time finding new coverage because you let your coverage cancel without a new policy in place. Not only will you pay more, being ticketed for driving with no insurance could earn you a fine, jail time, or a revoked license.
- Annual miles is a factor – The more miles you rack up on your Jaguar in a year the more you will pay for auto insurance. A lot of insurance companies calculate rates partially by how you use the vehicle. Cars and trucks not used for work or commuting receive better premium rates than vehicles that have high annual mileage. It’s always a good idea to double check that your auto insurance policy is showing how each vehicle is driven. Having the wrong rating on your XJ may be costing you.
- Credit score impacts costs – Credit score factor in determining your rates. Insureds that have good credit tend to be better drivers and file fewer claims than drivers who have poor credit. If your credit can be improved, you could save money insuring your Jaguar XJ by improving your credit score.
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Youthful drivers pay higher prices – Teenage drivers in North Carolina are statistically shown to be careless and easily distracted behind the wheel and because of this, their auto insurance rates are much higher. Having to add a youthful driver to your policy can be quite pricey. Older insureds have been proven to be more responsible, cause fewer claims and accidents, and are generally more financially stable.
The chart below uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.
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Men drivers tend to cost more – The statistics show that men are more aggressive behind the wheel. It does not mean women are better drivers. Men and women cause fender benders in similar numbers, but men tend to have higher claims. In addition to higher claims, males also get ticketed for serious violations like driving under the influence (DUI).
The diagram below illustrates the comparison of Jaguar XJ premium costs for male and female drivers. The rate quotes are based on no claims, a clean driving record, comp and collision included, $500 deductibles, drivers are not married, and no discounts are applied.
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Jaguar XJ claim statistics – Insurers study historical loss data as a way to help calculate a profitable premium price. Models that the data shows to have increased losses will have higher rates. The table shown below demonstrates the loss history for Jaguar XJ vehicles.
For each policy coverage, the loss probability for all vehicles compiled together equals 100. Percentage values below 100 indicate a favorable loss history, while numbers above 100 indicate more frequent claims or statistically larger losses.
Auto Insurance Loss Data for Jaguar XJ Models Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Jaguar XJ 4dr 2WD 254 Jaguar XJ 4dr 4WD 169 236 Jaguar XJ 4dr LWB 2WD 210 88 149 Jaguar XJ 4dr LWB 4WD 238 198 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Discounts can help to save on Jaguar XJ insurance in Durham
Some companies don’t list the entire discount list very well, so we researched both the well known in addition to some of the lesser obvious discounts that may be available.
- E-sign Discounts – Many larger companies provide a small discount simply for signing over the internet.
- Discount for Multiple Policies – If you can bundle your auto and home insurance and insure them with the same company you may earn nearly 15% which can help you find cheaper XJ insurance.
- Sign Early and Save – A few larger companies give discounts for renewing your policy before your current XJ insurance policy expires. It could save around 10% when you buy Durham auto insurance online.
- Professional Memberships – Being in a qualifying organization could qualify you for a break on your next renewal.
- Discounts for Seat Belt Usage – Requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
- Active Service Discounts – Being on active duty in the military can result in better prices.
One last thing about discounts, most of the big mark downs will not be given to the entire cost. Most cut the cost of specific coverages such as collision or personal injury protection. Even though it may seem like all those discounts means the company will pay you, you aren’t that lucky. But all discounts will cut your policy premiums.
The chart below shows the difference between Jaguar XJ car insurance rates with and without discounts applied to the rates. The price estimates are based on a female driver, no tickets, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, multi-policy, marriage, and claim-free discounts applied.
To view auto insurance companies who offer online Jaguar XJ insurance quotes in Durham, follow this link.
How do I know if I need professional advice?
When selecting a policy, there is no one-size-fits-all type of policy. Each situation is unique so your insurance should reflect that
These are some specific questions can help discover if your insurance needs could use an agent’s help.
- Is my business laptop covered if it gets stolen from my vehicle?
- I don’t drive much so do I pay less?
- Can I get by with minimal medical coverage if I have good health insurance?
- How do I file an SR-22 for a DUI in North Carolina?
- Is motorclub coverage worth it?
- What should my uninsured motorist coverage limits be in North Carolina?
- Should I buy more coverage than the required North Carolina minimum liability coverage?
If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
What if I want to buy from local Durham auto insurance agents?
Some people would prefer to sit down with an agent. One of the best bonuses of getting free rate quotes online is that you can find cheaper prices and also buy local. Buying from and supporting small agencies is important particularly in Durham.
To find an agent, once you fill out this form (opens in new window), your insurance data gets sent to companies in Durham that can give you free Durham auto insurance quotes to get your business. There is no need to find an agent on your own since rate quotes are delivered to you directly. You’ll get the best rates AND a local agent. If you wish to get a rate quote from a specific insurance provider, just find their quoting web page and complete a quote there.
When researching local Durham agents, you must know there are a couple different types of agents from which to choose. Insurance policy providers are classified as either independent or exclusive depending on the company they work for.
Independent Insurance Agencies or Brokers
Independent agencies do not write with just one company so they can write business with lots of companies and potentially find a lower price. To transfer your coverage to a different company, they simply move your policy to a different company and you don’t have to switch agencies. When comparison shopping, you should always contact multiple independent agents so that you have a good selection of quotes to compare. Most also write with small mutual carriers which could offer lower prices.
Listed below is a partial list of independent agents in Durham that can give you free price quotes.
- Superior Insurance Durham North
3808 Guess Rd Suite J – Durham, NC 27705 – (919) 973-1507 – View Map - Insurance Pros: Paradis James
3200 Croasdaile Dr # 603 – Durham, NC 27705 – (919) 294-6613 – View Map - Bowen Agency, Inc.
4905 Pine Cone Dr Suite 5 – Durham, NC 27707 – (919) 929-4222 – View Map
Exclusive Insurance Agents
These agents write business for a single company like Allstate, Farmers Insurance or State Farm. They are unable to shop your coverage around so they really need to provide good service. Exclusive insurance agents are well schooled on their company’s products which helps offset the inability to provide other markets. Some consumers prefer to choose to use an exclusive agent mainly due to the prominent brand name rather than low rates.
Listed below are exclusive agencies in Durham that are able to give rate quotes.
- Ashley Manuel – State Farm Insurance Agent
5842 Fayetteville Rd #112 – Durham, NC 27713 – (919) 544-8101 – View Map - Nationwide Insurance: Andrew F Jones
5242 Roxboro Rd Ste C – Durham, NC 27712 – (919) 477-7666 – View Map - Leslie Robinson State Farm Insurance
105 W North Carolina 54 #263 – Durham, NC 27713 – (919) 206-5096 – View Map
Picking the best auto insurance agent is decision based upon more than just the price. The answers to these questions are important, too.
- Do they have designations such as AIC, CPCU, or CIC?
- Do they carry Errors and Omissions coverage?
- Do they have any clout with companies to ensure a fair claim settlement?
- Is there a 24/7 contact number?
- Who are their largest clients?
Durham car insurance company ratings
Buying coverage from a good quality car insurance company can be rather challenging considering how many different companies there are to choose from in North Carolina. The ranking information in the lists below may help you select which car insurance companies you want to consider comparing rates from.
Top 10 Durham Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Durham Car Insurance Companies Ranked by Value
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
- Titan Insurance
Compare but don’t skimp
Lower-priced Jaguar XJ insurance in Durham is possible both online and with local Durham insurance agents, so you need to quote Durham auto insurance with both to get a complete price analysis. Some companies do not offer the ability to get quotes online and most of the time these smaller providers only sell coverage through local independent agencies.
When trying to cut insurance costs, it’s very important that you do not reduce needed coverages to save money. There are many occasions where an insured dropped liability coverage limits only to find out that the savings was not a smart move. The ultimate goal is to buy enough coverage at the best price, but don’t skip important coverages to save money.
To read more, feel free to browse the following helpful articles:
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- What Auto Insurance is Cheapest in Durham, North Carolina? (FAQ)
- Who Has Cheap Durham Auto Insurance Rates for a Chevrolet Silverado? (FAQ)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Rollover Crash FAQ (iihs.org)