How Much Does 2000 Subaru Impreza Insurance Cost?

Expensive insurance can take a big chunk out of your bank account, especially in this economy. Comparison shopping is a smart way to slash your bill and have more diposable income.

Since consumers have many insurance companies to choose from, it can be impossible to find the right provider.

It’s a good habit to price shop coverage quite often because insurance rates are rarely the same from one policy term to another. Just because you had the best price for Impreza insurance last year you can probably find a lower rate today. You can find a lot of misleading information regarding insurance online, so with this article, you’re going to get some excellent ideas to stop overpaying for insurance.

Choosing the best insurance company for you is not that difficult. Essentially anyone who shops for car insurance will be able to find lower rates. But car owners do need to learn the way companies market insurance on the web.

Take advantage of discounts

Companies offering auto insurance don’t list all their discounts very clearly, so we break down some of the best known and the more hidden discounts you could be receiving.

  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts could save 15% off your medical payments premium.
  • Drive Less and Save – Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Club Memberships – Affiliation with a qualifying organization could trigger savings on your policy for Impreza insurance.
  • Military Discounts – Having a family member in the military could mean lower rates.
  • Accident Free – Claim-free drivers pay less as compared to frequent claim filers.
  • Sign Early and Save – A few companies offer discounts for switching policies prior to your current policy expiring. It can save you around 10%.

As a disclaimer on discounts, most credits do not apply the the whole policy. Some only apply to the cost of specific coverages such as comprehensive or collision. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

For a list of insurers with the best insurance discounts, follow this link.

How to Lower Your Car Insurance Cost

There are several ways of comparing rate quotes from local car insurance companies. The quickest method to find the lowest 2000 Subaru Impreza rates is to use the internet to compare rates. It is quite easy and can be accomplished in several different ways.

  • Probably the best way to find the lowest comparison rates is to use a rate comparison form (click to open form in new window). This type of form saves time by eliminating separate forms for each company you want a rate for. One form will get you rate comparisons from multiple companies.
  • A less efficient way to analyze rates consists of visiting each company website to complete a price quote. For example, we’ll assume you want comparison quotes from USAA, Liberty Mutual and American Family. You would have to spend time on each company’s site and enter your policy data, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

  • The hardest way of comparing rate quotes is to spend your day driving to and from local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you have a need for the trained guidance of a local agent. You can, however, compare the best prices online and get advice from an agent in your area and we’ll talk about that later.

However you get your quotes, compare apples-to-apples coverage limits on every quote you get. If your comparisons have different values for each quote you can’t possibly find the best deal for your Subaru Impreza. Just a small difference in limits could mean much higher rates. It’s important to know that more quotes will enable you to find better pricing.

Subaru Impreza insurance rates can be determined by these details

Smart consumers have a good feel for the rating factors that go into determining your insurance coverage rates. Understanding what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

  • Pay less after the wedding – Getting married can actually save you money when buying insurance coverage. It usually means you are more mature and responsible and it’s statistically proven that married drivers get in fewer accidents.
  • Poor credit can mean higher rates – Credit score is a large factor in calculating your insurance coverage rates. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with poor credit. Therefore, if your credit history is low, you could pay less to insure your 2000 Subaru Impreza by spending a little time repairing your credit.
  • Tickets mean higher rates – Your driving citation history impacts your car insurance rates tremendously. Careful drivers tend to pay less for car insurance compared to drivers with tickets. Even one citation can boost insurance rates forty percent or more. Drivers who have flagrant citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 form with their state motor vehicle department in order to keep their license.
  • Don’t skimp on liability – The liability section of your policy is the protection in the event that you are found to be at fault for damages caused by your negligence. Liability provides for a legal defense up to the limits shown on your policy. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • Big city or small town – Choosing to live in a small town is a positive aspect when it comes to insurance coverage. Lower population means fewer accidents and also fewer theft and vandalism claims. Drivers in populated areas have to deal with more traffic problems and longer commutes to work. More time on the road translates into higher accident risk.
  • How many coverages with the same company – The majority of insurers will give a discount to customers who consolidate policies with them in the form of a multi-policy discount. Even with this discount, it’s in your best interest to compare rates to confirm you are receiving the best rates possible.

How to know if you need help

When it comes to choosing the best auto insurance coverage, there really is no perfect coverage plan. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions can aid in determining whether you could use an agent’s help.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • How much liability insurance is required?
  • Do I need replacement cost coverage?
  • Do I need motorclub coverage?
  • When would I need rental car insurance?
  • Where can I find high-risk insurance?
  • Do I need PIP (personal injury protection) coverage in my state?
  • How much can I save by bundling my policies?
  • Should I carry comprehensive and collision coverage?
  • When can my company non-renew my policy?

If you can’t answer these questions, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

The insurance coverage bait and switch

Progressive, Geico, Allstate and State Farm constantly bombard you with television and radio advertisements. All the companies make the same claim that you’ll save big if you switch your coverage to them. How do they all make almost identical claims?

Different companies can use profiling for the driver that makes them money. For instance, a desirable insured could possibly be a mature driver, insures multiple vehicles, and has a short commute. Any new insured who fits that profile gets the lowest rates and as a result will probably save a lot of money.

Potential insureds who do not match the “perfect” profile will be quoted a higher premium which leads to business going elsewhere. The ads say “drivers who switch” but not “drivers who get quotes” save that much. That’s why insurance companies can claim big savings. This emphasizes why you should quote coverage with many companies. Because you never know which insurance companies will provide you with the cheapest Subaru Impreza insurance rates.

Auto insurance 101

Having a good grasp of your policy aids in choosing the best coverages and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. Shown next are typical coverage types offered by insurance companies.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for surgery, funeral costs, rehabilitation expenses, dental work and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as theft, rock chips in glass, a tree branch falling on your vehicle and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2000 Subaru Impreza.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision coverage

Collision insurance covers damage to your Impreza resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as damaging your car on a curb, colliding with a tree, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Liability car insurance

Liability insurance can cover damage that occurs to a person or their property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against things like pain and suffering, structural damage, emergency aid and court costs. How much coverage you buy is your choice, but you should buy higher limits if possible.

In conclusion

As you shop your coverage around, you should never sacrifice coverage to reduce premiums. There have been many cases where an insured cut full coverage and discovered at claim time that it was a big error on their part. Your strategy should be to get the best coverage possible at a price you can afford while not skimping on critical coverages.

Cost effective 2000 Subaru Impreza insurance can be sourced both online in addition to many insurance agents, so you should be comparing quotes from both to have the best rate selection. Some companies do not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

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