Jaguar car insurance

About Jaguar Cars

Jaguar is a luxury vehicle brand that was founded in the United Kingdom in 1935. The brand got its start producing motorcycle sidecars in the early 1920s, but it wasn’t long before they began developing bodies for passenger cars. Fast forward to 2013 when Jaguar merged with Land Rover to form Jaguar Land Rover, a British multinational automobile manufacturer.

Today, Jaguar is a household name around the world and while originally known for their sports cars, they have branched out to offer sedans and SUVs. The F-Pace, a five-seat performance SUV is their best-selling car of the moment, though other vehicles in their current fleet include the Jaguar F-Type sports car, Jaguar XF midsize sedan, Jaguar E-Pace compact SUV, and lastly, the Jaguar I-Pace all-electric performance SUV.

Fun facts about Jaguar

• In February 2021, Jaguar Land Rover announced that all vehicles produced by Jaguar would be electric by 2025.
• Jaguar has manufactured cars for many notable Brits, including several British Prime Ministers. The company also holds royal warrants for Queen Elizabeth II and Charles, Prince of Wales.
• Jaguar enjoyed a long and successful history of sports car racing, winning Le Mans in 1951 and1953.
• The predecessor to Jaguar Cars was the Swallow Sidecar Company, founded in 1922. It primarily produced motorcycle sidecars and was founded by motorcycle enthusiasts William Lyons and William Walmsley.

Jaguar car insurance coverages

No matter which Jaguar model you choose, whether you go with the F-Type, F-Pace, or all-electric I-Pace, you will need a quality auto insurance policy to go with it. Car insurance policies in Canada feature a range of different coverages, some of which are mandatory and some of which are optional. Canadian drivers must decide which optional coverage types to buy and they will also need to choose a coverage amount for each type. We’ve outlined the most common Jaguar coverages below. However, if you have any questions about the minimum coverage requirements in your province or you aren’t sure which coverages are right for you, get in touch with BrokerLink today.

Third party liability coverage

Third party liability coverage is required no matter where you live in Canada. The only question is how much liability coverage you are required to buy. Each province has its own minimum requirements for liability coverage. For example, drivers in Ontario, Alberta, and New Brunswick must carry at least $200,000 in third party liability coverage at all times. Why is liability coverage so important? It protects policyholders if they are injured or their car is damaged in an accident they caused. Beyond medical expenses and vehicle repairs, liability coverage can also help pay for any necessary legal and court fees.

Accident benefits coverage

Accident benefits coverage is another type of mandatory coverage in Canada. It protects you in the event that you, a passenger, or a pedestrian require medical attention following a collision. Regardless of who is at fault for the collision, the policyholder can still recover compensation under the accident benefits portion of their policy (up to the coverage limit).

Collision coverage

Collision coverage is an optional coverage type that may prove useful to Jaguar drivers. This type of coverage protects the policyholder if they are in an accident with another vehicle or object. Like accident benefits coverage, it covers the driver regardless of whether they are at fault for the accident. However, unlike accident benefits coverage, collision coverage only provides compensation for property damage resulting from the accident, not bodily injuries (injuries are covered under the accident benefits portion of the policy).

Comprehensive coverage

For the greatest level of financial protection on the road, look no further than comprehensive coverage. Many Canadians choose to purchase Jaguar car insurance with comprehensive coverage so that their vehicle is protected against theft, vandalism, fire, and water damage. Comprehensive coverage is optional but many Canadians purchase it for peace of mind.

Accident forgiveness coverage

If you purchase a Jaguar car insurance policy with accident forgiveness, your insurance premium won’t go up after your first at-fault collision. Like comprehensive or collision coverage, accident forgiveness coverage is optional but may be worthwhile for Jaguar drivers in Canada.

Direct compensation coverage

If you get into an accident that is not your fault, direct compensation coverage can help cover the costs. For this type of coverage, you must file a claim with your insurance company to receive compensation. Direct compensation is mandatory in most provinces, and your insurer will typically pay you directly.

Uninsured automobile coverage

One final type of mandatory coverage in Canada is uninsured automobile coverage. This type of coverage protects you and any passengers in your vehicle if you get into a collision with an at-fault driver who is either uninsured or underinsured. It can also protect Jaguar drivers who are the victim of a hit-and-run.

Factors that impact Jaguar car insurance rates

Insurance companies consider several factors when calculating insurance premiums. Age, location, marital status, driving record, and claims history can all affect your Jaguar car insurance rate. You might find it helpful to understand exactly which details can affect how much you’ll pay to insure your Jaguar vehicle. A few of the most common factors influencing car insurance rates are below:

Age

Age is a key factor used to determine Jaguar car insurance rates. To an insurance company, age and risk go hand-in-hand. Young drivers with little to no driving experience tend to pay the highest premiums because they pose the highest risk to the road. Seniors over the age of 60 may also pay more for car insurance.

Location

The part of the country you live in can also impact your insurance premium. For example, if you live in a populous urban area like Toronto or Calgary, with more traffic on the road, your insurance could cost more because your odds of getting into an accident are greater. In contrast, Canadian drivers who reside in rural parts of the country may have lower insurance rates. Further, if you live in a region that is prone to climate related weather incidents, such as floods and fire, you may pay more for Jaguar auto insurance.

Annual mileage

The number of kilometres you drive each year is another factor that insurance companies may consider. If you drive a below-average amount of time, such as on the weekends only or a few times each week, your insurance premium may be lower because your odds of getting into a collision are less. On the other hand, if you spend a lot of time on the road, or you frequently drive at night or on major highways, your Jaguar car insurance could be more expensive.

Driving experience and record

A person’s driving history, which takes into account their driving experience and driving record, is an important factor used to calculate car insurance rates. If you have limited driving experience, which most young drivers do, you may pay more for car insurance. Having years or even decades of driving experience can work to your advantage - if you have a relatively clean driving record. A clean record is free from tickets, accidents, and DUIs and it indicates that you are a safe and responsible driver, especially if you maintain a clean record for years. Conversely, if your record has speeding tickets and collisions, you pose a greater risk to the road and your insurance premium may be affected.

Model and year of Jaguar

Which Jaguar model you purchase, and whether you purchase a new or used Jaguar, can also affect your auto insurance rate. Generally speaking, the newer, more expensive the vehicle, the more it will cost to insure. Since Jaguars are luxury vehicles, you may pay more for car insurance than if you drove a budget-friendly car. However, if your Jaguar has certain safety features or anti-theft devices, this could bring your car insurance rate down.

Marital status

One final factor that can affect how much you pay for Jaguar car insurance is your marital status. Statistics show that married couples are more responsible, so it may be considered when your insurance premium is calculated.

How to get cheap Jaguar car insurance

As mentioned above, several factors impact auto insurance rates, including the make and model of your vehicle. Since Jaguar vehicles tend to be expensive, car insurance may cost you more. But there are ways you can minimize how much you pay for auto insurance. To keep costs down, follow the tips below.

• Purchase car insurance for multiple vehicles together (savings of up to 20%)
• Buy multiple insurance policies (home insurance + car insurance, leisure vehicle insurance + car insurance, etc.) from the same provider (savings of up to 15%)
• Increase your deductible
• Enrol in driving school (for young drivers)
• Pay auto insurance annually rather than monthly
• Install winter tires on your Jaguar (savings of up to 5%, depending on the province)
• Purchase an eco-friendly vehicle like the all-electric Jaguar I-PACE (savings of up to 10%)

Consult with an insurance broker

Our last tip for saving money on Jaguar car insurance? Consult with an insurance broker. Trusted and experienced brokers like those at BrokerLink can help you compare quotes, unlock discounts, and let you in on the industry’s best-kept secrets for saving money on car insurance.

BrokerLink’s insurance advisors are experts in all makes and models of vehicles, which means we'll have no trouble finding a policy that suits your specific Jaguar car. To get the most competitive rate on your Jaguar car insurance, contact BrokerLink today.

Jaguar auto insurance FAQs

What is the cheapest Jaguar car to insure?

The rule of thumb is the less expensive the car, the less it will cost to insure. In Canada, the least expensive Jaguar model is the Jaguar E-Pace, therefore this might be the cheapest to insure. That said, many factors determine car insurance rates in Canada, so if you have a poor driving record or are a young driver, your insurance could be affected even if you choose a less expensive Jaguar model.

Is it safe to buy Jaguar car insurance online?

Yes, it is absolutely safe to shop for and buy Jaguar car insurance on the Internet. However, with so many insurance providers and policy options out there, finding the right car insurance policy for your lifestyle is no easy feat. Luckily, BrokerLink is here to make shopping for car insurance hassle-free. We do all the work, contacting the insurance companies, browsing policy options, and explaining the coverage types available to you. Save time and money by working with BrokerLink to find the best Jaguar car insurance policy for you.

Is Jaguar car insurance mandatory in Canada?

Yes, car insurance is mandatory no matter where you live or what car you drive in Canada. Each province and territory has its own rules and regulations around car insurance. It’s critical to research the minimum coverage requirements for auto insurance in your province so that you choose a policy that complies with provincial law. If you aren’t sure which coverage types are mandatory where you live, contact BrokerLink today. Our insurance advisors can explain the mandatory requirements to you, as well as help you find a comprehensive policy that meets your needs.

Talk to a BrokerLink expert about your Jaguar car insurance

Want to learn more about Jaguar car insurance?

The BrokerLink team is available to answer your questions, explain complicated industry jargon, and help you find your perfect policy. When you work with BrokerLink, your insurance broker will be with you from start to finish. We also offer free car insurance quotes to all Canadian drivers. Give us a call and speak directly with a broker or use our online car insurance calculator.

Requesting a quote online is quick and easy. Simply answer a few basic questions about yourself and the model and year of your Jaguar, and within minutes, you’ll receive an accurate and competitive quote.

All BrokerLink quotes are 100% obligation-free, so you have nothing to lose and everything to gain by contacting us today.

What are you waiting for? Start your Jaguar car insurance journey today.

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*This article is in no way sponsored, endorsed, or associated with Jaguar.