- JLR continues to work with insurers as UK motorists face rising premiums*, exacerbated by the targeting of luxury vehicles by organised crime groups
- Ongoing collaboration with UK insurers includes industry‑first intelligence sharing to address high premiums
- Launched in October 2023, Jaguar Insurance and Land Rover Insurance has delivered more than 37,500 quotes to clients, with an average quote premium of less than £180 per month**
- Clients buying a new Range Rover or Range Rover Sport in the UK may now also benefit from lower insurance costs with a new Land Rover Insurance Contribution initiative***
- Land Rover Insurance Contribution offers monthly payments of £150 towards the cost of cover for up to three years on new Range Rover and Range Rover Sport***
After sustained collaboration with 30 leading UK insurers and industry stakeholders, JLR has made significant progress on its pledge to provide industry‑changing intelligence about the anti‑theft security measures fitted to its vehicles, extending as far back as models registered in 2018.
By providing unprecedented levels of real‑time data, JLR gives insurers the most accurate information to inform premiums for owners of its Range Rover, Defender and Discovery vehicles.
Details of the latest work JLR has conducted to improve availability of insurance for its clients, was shared with insurance representatives today at the latest of JLR’s regular insurance conferences.
JLR has invested £15m to update the security of previous‑generation vehicles for clients, including those out of warranty, giving them the highest possible levels of protection. Since 2022, more than 150,000 vehicles from 2018 onwards have received security updates whilst JLR’s engineers work to develop anti‑theft software compatible with 2016 and 2017 vehicles. JLR is actively encouraging its clients to contact their retailer to check whether they are eligible for an update and to get the latest security guidance for their vehicle.
In addition to JLR’s work with the broader insurance industry, the company introduced its own UK insurance services in October 2023. Jaguar Insurance and Land Rover Insurance has already provided more than 37,500 quotes to clients, with an average monthly quote premium of less than £180**.
Land Rover Insurance has today announced an additional Insurance Contribution initiative applicable on new Range Rover and Range Rover Sport models registered between 1 May and 30 September 2024. This provides £150 per month towards the cost of cover for a duration of up to three years.***
We’re working hard to support our clients every step of the way and are pleased to offer a further, bespoke insurance initiative.
“JLR has an ‘all‑fronts’ strategy to tackle the negative impact organised criminality is having on clients, insurance premiums, and the insurance industry itself. Our efforts and investments include a raft of initiatives with police forces, port authorities, international law enforcement agencies and, of course, UK insurers.
Patrick McGillycuddy
Managing Director, JLR (UK)
The latest generation of JLR vehicles is proving highly resilient to thefts: Police National Computer (PNC) data shows that since January 2022, only 0.2% of new Range Rover and new Range Rover Sports have been stolen, while only 0.3% of new Defenders have been affected since launch in 2020.****
* Benchmarked data from insurance industry analysts, Consumer Intelligence (Quoted motor insurance premiums are up 56.4% in a year (consumerintelligence.com)
** Based on quotes provided through Jaguar Insurance and Land Rover Insurance since launch on 17 October 2023 to 7 May 2024.
*** Land Rover Insurance offer valid on new Range Rover and Range Rover Sport models, registered between 1 May 2024 and 30 September 2024. Up to a maximum vehicle value of £200,000. No monetary alternative will be provided where premiums are less than £150 per month. All drivers must be between 30 and 85 years old. Offer excludes new Range Rover Velar and Range Rover Evoque models. Full terms and conditions, and further eligibility apply. More information: Land Rover Insurance ‑ Land Rover UK
**** Data accurate to April 2024.
