Founded by Sir William Lyons in 1935, Jaguar is known for pushing the boundaries of auto manufacturing and performance. This luxury automotive manufacturer began with the SS Jaguar, then evolved to release C-type, D-type, and E-type models, each known for its innovation and visual appeal. Today, Jaguar is known for its top-quality vehicles which combine luxury rides with elite performance.
Whether you’re about to make your dream of owning a Jaguar into reality or are shopping around for insurance for your current vehicle, it’s important to understand the ins and outs of Jaguar car insurance. The more you know about Jaguar insurance rates and the factors that affect them, the better your chance of finding the policy that’s best for your needs.
And if you want to jump right to finding low rates for your Jaguar, you can start comparing rates to get a personalized premium today. Simply enter your zip code below to get started.
Cost of Jaguar Car Insurance
The average cost to insure a vehicle in the United States is $106 per month. Jaguar car insurance rates average $119 per month, which is 12% higher than your average vehicle cost.
The higher value of most Jaguar vehicles drives up that insurance premium, making it higher than the insurance costs for your average car. Jaguar vehicles are luxury cars, so they’re more expensive to purchase and replace in the event of an accident. Insurance companies need to charge you more to make up for the chance that they’ll have to pay you more for your vehicle if you file a claim.
The higher cost of repairing Jaguar vehicles also factors into these insurance costs. The Jaguar vehicles sold in the United States are imported from the United Kingdom, meaning original equipment manufacturer parts also need to be imported. That importation drives up the cost as well, meaning even if your vehicle just needs a repair, it will be more expensive for your insurance company. Those costs get passed on to you in higher premiums.
Jaguar Car Insurance Rates by Model
While Jaguars are more expensive luxury vehicles, the value varies depending on the model that you drive. Models with lower values are more affordable to insure, while upper-end luxury models with higher values will often be more expensive to insure.
If you’re thinking of buying a Jaguar, then you might want to review the average insurance premiums for the following popular models. Also, if you’re on the fence between two models, you might find choosing one over the other could help you to save money on your insurance.
Produced from 2000 to 2008, the Jaguar S-Type is a classy, sporty sedan. It was available in a V-6 or a V-8 and equipped with extensive safety features. It features five seats and plenty of passenger space which made it a popular choice for families and commuters. Insuring the S-Type costs approximately $73 per month.
Since 2009, the Jaguar XF has offered sporty handling and a sleek, head-turning design. This sedan features seating for five and is available in three trim models. Plan to spend about $157 per month to insure the XF.
The Jaguar X-Type was produced from 2002 through 2008, and was available in both sedan and wagon body styles. This more economical model offered a comfortable ride and a more compact size, and it came standard with safety features like all-wheel drive and airbags. Insurance rates for the X-Type average $79 per month.
The eco-friendly Jaguar XE offers impressive gas mileage, making it a popular choice for commuters. This sedan was produced from 2017 to 2020 and was offered in three trim models. It costs an average of $196 per month to insure the Jaguar XE.
A popular choice because of its luxury build and towing capabilities, the Jaguar F-Pace has been manufactured since 2017. This SUV offers seating for five and is available in five trims with MSRPs ranging from $50,900 to $86,600. Expect to spend an average of $180 per month to insure the F-Pace.
Jaguar Car Insurance Rates by Insurance Company
Every car insurance company develops its own algorithm to calculate your car insurance rates. As a result, you may receive several different quotes from different companies for the same coverage on your car. This highlights the importance of shopping around and comparing quotes to find the policy and company that are best for you.
We’ve included a sample of Jaguar monthly premium rates from four companies below.
|Insurance Company||Monthly Premium|
As you can see, there’s a difference of $44 between the highest and lowest premiums. Clearcover’s rate is the lowest at $116/mo, with Direct Auto being just slightly higher at $117/mo. Liberty Mutual is also within the same range, coming in at $121/mo.
However, the Esurance quote is significantly higher at $160 per month. That difference could add up to a savings of $528 per year if you chose Clearcover instead of Esurance.
When you compare the rates offered by different insurance companies, remember it’s important to look beyond only premiums. Differences in deductibles, coverage maximums, and policy types can affect the type of protection you’ll receive in exchange for those monthly premiums. The cheapest plan isn’t always the best one for every situation, so you’ll need to think about your coverage needs and how much risk you’re comfortable with. However, no matter your insurance needs, you should certainly find a plan that fits your budget and doesn’t overcharge you for comparable coverage you could find elsewhere.
Jaguar Features That Impact Insurance Cost
Car insurance companies consider many vehicle related factors when determining your insurance rates. Those factors include not only the model of your vehicle, its age, and its overall value, but also other upgrades, including safety equipment or entertainment systems.
Here are some Jaguar features that can impact your auto insurance costs.
Many Jaguar vehicles are available in multiple trim levels, and the MSRP for trim levels can vary by tens of thousands of dollars. A more expensive trim level drives up the vehicle’s value, so you can expect to pay more for insurance, too.
Certain safety upgrades or safety features that come standard with your vehicle can lead to lower insurance premiums. Safety features like anti-theft systems and collision prevention technology reduce the chance of an accident or vehicle theft, so allow insurance companies to assume lower risk in covering your vehicle. You’ll often get a discount for these safety features as well.
If your vehicle doesn’t come with all of these safety features, you might be able to have some installed aftermarket. Keep in mind that if you’re considering this option you want to contact your insurance company ahead of time to verify you’ll be installing approved equipment that qualifies for a discount.
If you buy a Jaguar, the size of the auto loan that you take out may also affect your insurance premiums. If you borrow a large amount, you may need GAP insurance. This will cover you if your vehicle is ever totaled by paying the difference between what your insurance company will cover and the amount that’s still remaining on your auto loan. GAP insurance may help you avoid a situation where you’re left still making car payments on a vehicle that’s been totaled.
Additional Ways to Save on Your Jaguar Car Insurance
Be sure to also look into any discounts that you might be eligible for. These discounts can vary from company to company, but if you’re eligible for multiple discounts, you can often reduce your insurance costs by 40% or more. Common discounts include low-mileage, good driver, multi-vehicle, multi-policy, and automatic bill payment discounts. Some companies will even give you a discount for taking a defensive driving class, or monitoring your driving habits with an app or device installed on your car.
You may also be able to customize your coverage to save additional money. Taking out a policy with a higher deductible means you’ll pay less monthly, but you’ll need to pay more upfront if you ever have to make a claim. You need to consider how much risk you’re comfortable with, as well as how easily you’ll be able to make that large payment if anything ever does happen to your vehicle.
FAQs About Jaguar Car Insurance
Are Jaguar cars more expensive to insure?
Because Jaguar vehicles are more expensive than many other vehicles on the road, they cost an average of 12% more to insure. Higher vehicle costs and an increased cost of repairs and replacements factor into these higher premiums.
Does Jaguar have their own car insurance?
With Jaguar Owners Insurance, you’ll work with licensed insurance agents from leading insurance companies to build your ideal insurance policy. Jaguar provides you with quotes from multiple companies and includes benefits like the guaranteed use of Jaguar genuine replacement parts during repairs and the inclusion of rental vehicles when your car is in for a claim repair. You’ll also have the option to bundle your car insurance with other policies, like home insurance, for additional discounts.
How much does Jaguar insurance cost?
Keep in mind that many factors, including your vehicle model, its age, its safety features, and even your driving record will affect your insurance rates. The level of coverage that you choose, along with your deductible and coverage limits, will also affect your monthly premiums. The best way to understand how much it will cost to insure your vehicle is to get and compare quotes from multiple insurance companies.
Compare.com makes it easy to collect and compare quotes. Rather than contacting each insurance company individually, Compare.com lets you fill out one request and receive up to 65 quotes at a time. You can then compare those quotes to determine which plan has the best value and is the best fit for your insurance needs. Get started with Compare.com today to see just what it will cost to insure your Jaguar.