Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate drivers about...

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Reviewed by Laura Walker
Licensed Agent for 10 Years

UPDATED: Jul 8, 2021

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So you’re thinking of buying a Jaguar XF; good for you! Jaguar is a very nice choice if you’re a fan of British luxury cars. But, before you make a purchase, it’s important for you to consider the total cost of ownership for the XF, including how much car insurance will set you back.

The cost of car insurance depends on a number of different factors specific to the individual driver. Therefore, it’s not possible for us to provide a concrete number that applies to everyone. We can give you a ballpark figure based on national statistics and insurance company trends.

You can get online car insurance quotes easily right here by simply entering your ZIP code into our FREE search tool on this page!

Intellichoice Average Cost

When it comes to the total cost of ownership, many in the automotive industry turn to an organization known as Intellichoice. As part of the Motor Trend Auto Group, Intellichoice makes it their mission to educate consumers and businesses about all things cars. They are a trusted source for accurate research and information.

For the 2012 Jaguar XF four-door sedan, Intellichoice estimates the annual cost of insurance over the first five years of ownership at roughly $2,200.

This is based on typical rates for liability insurance, uninsured/underinsured motorist coverage, and full collision and comprehensive. If you’re purchasing a brand-new 2013 XF, your insurance will be a little bit higher.

By the same token, if you’re purchasing an older model, especially if it’s used, you’ll pay slightly less. Keep in mind that trim packages will also have an effect on what insurance companies will charge.

Higher Than Average Rate

The Jaguar XF isn’t among the top 20 most expensive cars to insure, as listed by Forbes, but it’s not far off that list. Forbes ranks the Mercedes-Benz C63 AMG Coupe the most expensive at more than $5,500 per year. Their number 20 vehicle is the BMW 750i at $2,400 annually.

It stands to reason that luxury and high-performance sports cars would be more costly to insure than your typical four-door family sedan.

According to an infographic posted by Live Science that you can view here, typical family cars like the Toyota Sienna minivan and the Kia Sportage SUV are closer to $1,100 per year. At half the cost, it seems the standard family sedan would be a better choice for most people.

Why the Jaguar XF is so Expensive

The Jaguar XF is not a sports car; neither is it a luxury vehicle in the same class as a Bentley or Rolls-Royce. Nonetheless, Jaguar is considered a luxury brand with a high price tag.

For example, the 2012 model is listed on the Edmunds website with an MSRP starting at $53,000. That’s significantly more expensive than the 2012 Toyota Sienna, which starts at about $23,000.

Right off the bat, without considering anything about driver history, geographic location, local accident rates, etc., it would cost the insurance company twice as much to replace a totaled Jaguar XF as compared to a Toyota Sienna. That automatically means higher premiums.

Safety Equipment and Insurance Rates

Beyond the replacement value of a given vehicle, insurance companies also have to be concerned with the likelihood of passenger injuries in the event of an accident. That means a car’s safety features and nationally accepted safety ratings play a role in determining insurance rates.

The 2012 Jaguar XF comes with a long list of standard safety equipment including things like traction control, stability control, automatic brake assist, dual front and side airbags, overhead airbag, passenger airbag sensor, and more.

Yet when compared to other cars of the same model year and class, the XF is not necessarily any better than the competition. In terms of nationally accepted safety ratings, insurance companies have nothing concrete to go by.

According to the Chicago Tribune and other similar sources, the Jaguar XF has not been tested by either the Insurance Institute for Highway Safety (IIHS) or the National Highway Traffic Safety Administration(NHTSA).

That leaves insurance companies to expect the worst in terms of safety.

That’s not to say the XF is an unsafe or dangerous car. Rather, it’s simply a matter of insurance companies assuming the possibility of significant injuries unless Jaguar or another source gives them reason to believe otherwise. Such assumptions will certainly influence insurance rates.

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Other Reasons for High Insurance Rates

There are two other things that contribute to the higher insurance rates for the Jaguar XF. The first one is the average cost of repairs. Just as the replacement value for this car is much higher than the typical family car, so is the repair cost.

And when we’re talking about accidents, we’re also talking about expensive parts like body panels, light lenses, frames and suspension components, and so on.

Parts for the XF tend to be more expensive because aftermarket manufacturers are few and Jaguar owners usually insist on only the highest quality parts. It’s not likely a repair shop will easily find acceptable replacement parts at the local junkyard, either.

At the same time, certified Jaguar repair shops are not as commonplace in the United States. This means higher hourly labor rates and fewer certified technicians.

The other factor has to do with the individuals most likely to purchase these kinds of vehicles. Because the Jaguar XF is considered a luxury class vehicle, it is assumed most buyers will be the upper-middle-class income bracket or higher.

As such, they are targets for personal injury lawsuits and large jury awards. When an insurance company determines the rates for a given vehicle, they must take into account the possibility of potential losses as a result of a personal injury lawsuit.

Luxury car owners represent a higher risk; therefore, their premiums are usually more expensive.

Other Facts to Know Before Insuring a Jaguar XF

Just like any other car, the cost of insurance for the Jaguar XF should be considered before you make a purchase. Unfortunately, many of us walk onto a car lot thinking only of the monthly bank payment we’ll been making if we buy a new car. But the principle of “total cost of ownership” suggests such thinking is not wise.

Given the fact that the XF runs about $2,200 per year, that works out to approximately $183 per month. With an MSRP of $53,000, you could expect a monthly bank payment (at 5% interest with $5,000 down) somewhere around the $900 mark.

When you add insurance your total cost ownership for the XF is likely to be over $1,100 per month.

The question to ask yourself is whether or not you can afford that monthly payment. Before you say “yes”, remember you’ll also be putting gas in the tank, having the oil changed, and doing other routine maintenance. Once you add it all up, the XF may be more than your budget allows.

If you still want a Jaguar but you’re willing to go used, you could get away significantly cheaper. The Jaguar XF is no different than any other car in that it loses between 10% and 15% of its value as soon as you drive away from the dealership.

At the end of five years, the car will have lost 20% or more. If you’re willing to purchase an XF that’s three or four years old, you could spend tens of thousands of dollars less.

That translates into not only lower monthly bank payments but also lower insurance rates. As a car’s value goes down so does your insurance price.

The Dangers of Liability Only

As long as you don’t have a bank loan or some other type of lien placed on the title of your car, you can opt to purchase just a liability policy that meets the laws of your state. And if you happened to buy your Jaguar XF for just a few thousand dollars cash, that may not be such a bad idea.

Unfortunately, those kinds of deals are not that common. Most people spend an awful lot of money to purchase an XF.

It doesn’t make sense to risk your investment in such an expensive car by only purchasing liability insurance. If you can afford full price for a Jaguar, you should probably also be able to afford top-of-the-line auto coverage.

If you’re worried about the potential risks of a personal injury lawsuit, you can protect your assets by purchasing an umbrella insurance policy.

Umbrella insurance is a supplemental product purchased after auto, homeowner’s, and health insurance are purchased. It’s designed to cover those things that other insurance policies don’t.

Since the Jaguar XF tends to make litigation targets of wealthy owners, umbrella policies make good sense. They are relatively inexpensive and can usually be bundled with your homeowner’s and/or auto insurance.

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