Cheaper 2003 Subaru Impreza Insurance Cost

Want the cheapest auto insurance rates for your Subaru Impreza? Have you had enough of scraping the payment together each month for car insurance? You are no different than most other car owners. Many car insurance companies vie for your business, and because of this it can be hard to compare car insurance companies and get the best coverage at the lowest price

If you have a policy now or need a new policy, you can use these techniques to reduce the price you pay while maintaining coverages. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers only need to know how to compare company rates on the web.

How to Compare Car Insurance Rates

Finding a better price on car insurance is a fairly straight forward process. Just spend a little time comparing rate quotes online with multiple companies. This can be done in several different ways.

Probably the best way to compare a lot of rates at once would be an industry-wide quote request form click here to open form in new window. This method keeps you from doing separate quotation requests for each company. A single form will return quotes from multiple low-cost companies.

A slightly less efficient method to shop for car insurance online consists of going to the website of each company and complete a new quote form. For sake of this example, let’s say you want to compare rates from Allstate, Safeco and Geico. To get rate quotes you would need to visit each site and enter your policy data, and that’s why the first method is more popular.

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

The hardest way to compare rates is to spend your day driving to different agent offices. Shopping for car insurance online eliminates the need for an insurance agent unless you require the professional advice that only a license agent can provide. However, consumers can price shop your coverage online and get advice from an agent in your area. We’ll cover that shortly.

Whichever method you choose, ensure you are comparing the exact same deductibles and coverage limits for every company. If you enter unequal deductibles or liability limits it will be very difficult to find the best deal for your Subaru Impreza.

Cut your auto insurance rates with discounts

Car insurance companies don’t always list every discount in an easy-to-find place, so here is a list some of the best known and the more hidden discounts you could be receiving. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Discount for Swiching Early – A few companies offer discounts for signing up prior to your current policy expiration. The savings is around 10%.
  • Paperless Signup – Certain companies will discount your bill up to fifty bucks just for signing your application on their website.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you will save 10% to 20% off each policy.
  • Senior Discount – Older drivers may receive better auto insurance rates for Impreza insurance.
  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Defensive Driver – Taking a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Multi-car Discount – Having more than one vehicle on one policy can get a discount on all vehicles.
  • Memberships – Participating in a qualifying organization could qualify you for a break on auto insurance for Impreza insurance.

Keep in mind that some of the credits will not apply to the entire policy premium. Most only apply to specific coverage prices like medical payments or collision. So even though it sounds like all the discounts add up to a free policy, auto insurance companies aren’t that generous.

Car insurance companies that may offer these money-saving discounts include:

Double check with all companies you are considering which discounts you may be entitled to. Discounts might not be offered in every state.

Subaru Impreza rates are in the details

It’s important that you understand some of the elements that come into play when calculating the rates you pay for auto insurance. Understanding what controls the rates you pay helps enable you to make changes that could result in lower auto insurance prices.

The list below includes a partial list of the pieces that factor into premiums.

  • Younger drivers pay higher rates – Older drivers are viewed as being more responsible, file fewer claims and are safer drivers. Youthful drivers are known to get distracted easily behind the wheel therefore auto insurance rates are much higher.
  • Poor driving leads to higher costs – Even one citation can increase rates by as much as thirty percent. Good drivers receive lower rates than bad drivers. If you have serious violations like DWI, reckless driving or hit and run convictions may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
  • Policy add-ons can waste money – There are a lot of additional coverages you can purchase on your auto insurance policy. Things like personal injury protection, better glass coverage and motor club memberships may be costing you every month. They may seem good when you first buy your policy, but if you don’t need them remove them from your policy.
  • Where you live – Living in a small town can be a good thing when it comes to auto insurance. Lower population means a lower chance of having an accident as well as less vandalism and auto theft. Urban drivers have to deal with much more traffic to deal with and a longer drive to work. More time on the road translates into higher accident risk.
  • More claims means more premium – If you file claims often, you can expect either policy cancellation or increased premiums. Insurance companies give lower rates to policyholders who file claims infrequently. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

You are unique and your car insurance should be too

When choosing adequate coverage for your personal vehicles, there really is not a one size fits all plan. Everyone’s situation is unique so this has to be addressed. For example, these questions might point out if you would benefit from an agent’s advice.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Does coverage extend to my business vehicle?
  • Is a blown tire covered by insurance?
  • Should I bundle my homeowners policy with my auto?
  • What is medical payments coverage?
  • Do I need roadside assistance coverage?
  • Is my state a no-fault state?
  • What is an SR-22 filing?
  • Do I have coverage if my license is suspended?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Coverages available on your policy

Understanding the coverages of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages found on most insurance policies.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from flooding, rock chips in glass and fire damage. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for collisions

Collision coverage pays for damage to your Impreza from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like colliding with another moving vehicle, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Subaru Impreza.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Liability car insurance

This coverage will cover damage that occurs to a person or their property in an accident. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things like legal defense fees, repair bills for other people’s vehicles, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for bills such as surgery, X-ray expenses and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants and also covers getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Buy Smart and Save

As you restructure your insurance plan, don’t be tempted to sacrifice coverage to reduce premiums. In many instances, an accident victim reduced uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. The aim is to buy enough coverage at an affordable rate.

You just read some good ideas how to reduce 2003 Subaru Impreza insurance prices online. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. You may even discover the biggest savings come from an unexpected company. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate, Geico and Progressive.

More detailed car insurance information is available at these sites: