Car insurance for a Jaguar

1
Photodisc/Getty Images

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

Driving a Jaguar is a luxury — and that means paying luxury prices, not just for the vehicle itself, but also for its insurance. While the average driver in America pays $1,674 for broad coverage for their vehicle, Jaguar owners and lessees can expect to pay a bit more.

Why? When determining the cost of auto insurance for Jaguar models, insurance carriers factor in the value of the vehicle. They pay more to replace a totaled Jag than a totaled Honda, say, and they pass that risk for higher expenses onto drivers. Fortunately, they look at other factors, too, like your driving history and your annual mileage, and you might be able to take steps to lower the cost of your coverage.

To help you get a better idea of what drivers pay for auto insurance for Jaguar models, we gathered rates for you.

How much does it cost to insure a Jaguar?

Because insuring a Jaguar puts you in the category of luxury car insurance, buying coverage can get expensive fast. When insurance providers calculate your rate, the key things they look at are your:

  • Driving record
  • Location
  • Annual mileage
  • Age
  • Credit score (in some states)
  • Vehicle

Notice that last one. Your vehicle’s make and model play a major role in the cost of your coverage. While insurance companies weigh different factors differently, you can generally expect to pay more for car insurance if you drive a luxury make like a Jaguar.

Does that mean you should just skip the coverage? If you live in any state but New Hampshire, definitely not. Every other state legally requires drivers to at least carry liability coverage, which helps to cover expenses if you hurt someone or damage something behind the wheel.

Since a car insurance policy is probably a must in your state, we looked at individual models to give you the clearest picture of car insurance for Jaguar cost averages:

  • Jaguar E-Pace
  • Jaguar F-Pace
  • Jaguar I-Pace
  • Jaguar XE
  • Jaguar XF

Since insurance carriers heavily weigh your car’s model when determining your rates, looking at each model separately helps you hone in on the ballpark price of a Jaguar’s policy.

Car insurance for Jaguars: by model

Below, we give you some averages for auto insurance for Jaguar drivers. The costs we pulled are based on an average 40-year-old driver with a clean driving record and good credit who drives about 12,000 miles each year. If you have a higher annual mileage or a history of tickets and accidents, for example, you will probably pay more. Still, though, these averages give you a good starting place if you want to know how much it costs to buy car insurance for Jaguar models:

Jaguar car insurance Average annual premium for minimum coverage Average annual premium for full coverage
Jaguar E-Pace $485 $1,841
Jaguar F-Pace $495 $2,388
Jaguar I-Pace $493 $2,381
Jaguar XE $489 $2,162
Jaguar XF $478 $2,353

Cheapest car insurance companies for Jaguar E-Paces

Jaguar’s first compact SUV, the E-Pace, is also its most affordable model — and usually the cheapest to insure. While rates will vary from driver to driver and across insurance companies, we gathered averages from the best insurance companies (picked for things like customer service and pricing from the largest providers by market share). Take a look at the average price of the most affordable policies we could find for car insurance for Jaguar E-Paces:

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $365 $1,387
Geico $390 $1,643
State Farm $393 $1,401
Erie $342 $1,326
Amica $363 $1,438

Cheapest car insurance companies for Jaguar F-Paces

Jaguar calls the F-Pace its luxury performance SUV, blending the roomy, high-end interior you expect from Jaguar with decent fuel efficiency (20 city/27 highway for the 2021 model). The F-Pace is now available as a plug-in hybrid, too, although the rates we list below are for the non-hybrid model. One thing you might notice is that while the rates for other Jaguar models are all fairly close (within a few hundred dollars) across insurance companies, F-Pace rates can fluctuate more widely. If you plan to drive an F-Pace, it makes sense to get multiple quotes to ensure you find coverage on the lower end of the spectrum, cost-wise. And if you currently drive an F-Pace, consider getting quotes from other insurers. If your current rates are significantly higher, switching carriers may be worth the effort.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $352 $1,552
Geico $390 $2,193
State Farm $424 $1,878
Erie $314 $1,542
Amica $342 $1,740

Cheapest car insurance companies for Jaguar I-Paces

If you want an all-electric vehicle, the I-Pace is for you. Jaguar’s first fully electric model, I-Paces boast a solid range of 234 miles on a full charge. While you can eliminate whatever you were paying for gas with this vehicle, you will pay a fair amount more to insure the I-Pace than many other electric vehicles. That said, policy averages are pretty consistent with the car insurance for Jaguar cost you see across all models in their family of vehicles.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $391 $1,947
Geico $399 $2,040
State Farm $398 $1,744
Erie $360 $1,938
Amica $342 $1,750

Cheapest car insurance companies for Jaguar XEs

While technically not a sports car (Jaguar calls it a sports sedan), the XE gives you that sports-car feel — and a similar insurance situation. Jaguar stopped making the XE this year, but there are still plenty of new and pre-owned XEs up for grabs, so we included them in our review. Take a look at averages for the price of car insurance for Jaguar XEs:

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $342 $1,558
Geico $357 $1,844
State Farm $438 $1,690
Erie $343 $1,431
Amica $342 $1,577

Cheapest car insurance companies for Jaguar XFs

With the XE out, the XF is Jaguar’s sole remaining mid-sized sedan. The cost to insure an XF is pretty similar to an XE, but it offers a roomier, more luxurious interior and a little bit more space overall. Here is an overview of the average cost to insure Jaguar XFs with various insurers:

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $342 $1,558
Geico $319 $1,863
State Farm $408 $1,828
Erie $352 $1,734
Amica $342 $1,782

Other car insurance coverage for Jaguars

You probably noticed that we gave you two categories in our breakdown of car insurance for Jaguar cost averages: minimum coverage and full coverage. By minimum coverage, we mean just the state-required bodily injury and personal property liability coverage. If you want the most affordable Jaguar insurance possible, carrying just the minimum coverage and shopping with cheap insurance companies is your best bet.

But if you drive a Jaguar, you probably want some protections for your vehicle itself. Our full coverage rates include:

  • Collision coverage. This coverage steps in if you do damage to your own car. So if you rear-end someone or back into your mailbox, collision coverage can pick up the tab, minus your deductible and up to your policy limits.
  • Comprehensive coverage. If your car sustains non-driving related damage — say a tree limb falls on it or a vandal graffitis it — comprehensive comes to the rescue. It also covers theft of your vehicle.
  • Uninsured motorist coverage. If another driver causes an accident but they were driving without insurance, you can call on this coverage for the resulting expenses.

Clearly, there’s a lot to consider when it comes to car insurance for Jaguar models. But with this data under your belt, you position yourself to get the most robust, affordable car insurance policy possible for your Jag.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Jaguar of the following model types, commute five days a week and drive 12,000 miles annually:

  • Jaguar E-Pace
  • Jaguar F-Pace
  • Jaguar I-Pace
  • Jaguar XE
  • Jaguar XF

These are sample rates and should only be used for comparative purposes.

Written by
Kacie Goff
Personal Finance Contributor
Kacie Goff is a personal finance and insurance writer with over seven years of experience covering personal and commercial coverage options. She writes for Bankrate, The Simple Dollar, NextAdvisor, Varo Money, Coverage, Best Credit Cards and more. She's covered a broad range of policy types — including less-talked-about coverages like wrap insurance and E&O — and she specializes in auto, homeowners and life insurance.