2001 Subaru Forester Insurance Cost

I can’t think of anyone who enjoys paying for car insurance, particularly when they are paying too much. Insurance companies such as Progressive, State Farm and Geico constantly bombard you with TV and radio ads and consumers find it hard to avoid their marketing magic and do the work needed to find the best deal.

Lower rates by qualifying for discounts

Car insurance can cost a lot, but you can get discounts to cut the cost considerably. Certain discounts will be applied at the time you complete a quote, but some may not be applied and must be asked for before you will receive the discount. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Memberships – Belonging to certain professional organizations could qualify you for a break on your policy for Forester insurance.
  • Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can get savings up to 30%.
  • Military Discounts – Being on active duty in the military could mean lower rates.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
  • Homeowners Discount – Owning a home can save you money because of the fact that having a home shows financial diligence.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • Senior Citizens – If you qualify as a senior citizen, you may be able to get a small decrease in premiums for Forester insurance.

A little note about advertised discounts, most credits do not apply to the entire policy premium. Most only cut specific coverage prices like physical damage coverage or medical payments. Just because you may think adding up those discounts means a free policy, companies wouldn’t make money that way. But any discount will cut the cost of coverage.

For a list of insurance companies with discount car insurance rates, follow this link.

Finding Auto Insurance Deals

Cutting your auto insurance rates is actually quite simple. Consumers just need to invest a few minutes to compare rate quotes online from several insurance companies. This can be accomplished in several different ways.

  • The recommended way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This form prevents you from having to do boring form submissions for each company. One simple form will get you rate comparisons from multiple low-cost companies.
  • A different way to obtain and compare quotes online is going to the website for each individual company to complete a price quote. For sake of this example, let’s assume you want comparison quotes from State Farm, Safeco and Farmers. To get each rate you have to take the time to go to each site and enter your policy data, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  • The hardest method of getting rate comparisons is to spend your day driving to local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you want the personal advice only provided by licensed agents. However, consumers can get the lowest quotes online and get advice from an agent in your area and we’ll talk about that later.

However you get your quotes, make darn sure you compare exactly the same coverage information for every quote you compare. If you enter different values for each quote it’s impossible to decipher which rate is best.

Subaru Forester insurance premiums are calculated by many factors

It’s important that you understand the factors that help determine the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get big savings.

  • How your age affects price – More mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers. Youthful drivers tend to be less responsible when driving therefore auto insurance rates are much higher.
  • Do you know you’re credit rating? – Having a bad credit history is a important factor in determining what you pay for auto insurance. Therefore, if your credit history is not that good, you could save money insuring your 2001 Subaru Forester by improving your credit score. People with high credit scores tend to be more responsible as compared to drivers with lower credit scores.
  • Marriage brings a discount – Getting married actually saves money on your policy. It is viewed as being more mature and responsible and it’s statistically proven that married couples file fewer claims.
  • Safe vehicles cost less to insure – Safer cars tend to have better insurance rates. Safe vehicles have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies and more competitive rates for policyholders. If the Subaru Forester has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Lower rates with optional equipment – Owning a car with an alarm system can help lower your rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.

Car insurance is unique, just like you

When it comes to choosing adequate coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For example, these questions can aid in determining whether or not you might need an agent’s assistance.

  • Should I waive the damage coverage when renting a car?
  • Does liability extend to a camper or trailer?
  • What is the ISO rating for a 2001 Subaru Forester?
  • What is PIP insurance?
  • Is my teenager covered with friends in the car?
  • Does insurance cover damages from a DUI accident?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to 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. It’s fast, doesn’t cost anything and can help protect your family.

Buyer beware of car insurance advertising tricks

Consumers get pounded daily by advertisements for the lowest price auto insurance from companies such as Geico, State Farm and Progressive. They all seem to make the same claim that you can save if you move your policy.

How does each company make the same claim?

All the different companies have a preferred profile for the type of driver that is profitable for them. For example, a profitable customer might be between the ages of 30 and 50, is a homeowner, and drives newer vehicles. A driver that hits that “sweet spot” gets the lowest rates and most likely will save when they switch companies.

Potential insureds who are not a match for the requirements will be charged higher prices and this can result in the customer not buying. Company advertisements say “drivers who switch” not “everyone that quotes” save that much money. That’s why companies can advertise the savings.

That is why it’s extremely important to get a wide range of price quotes. It is impossible to predict which car insurance company will provide you with the cheapest Subaru Forester insurance rates.

Car insurance 101

Having a good grasp of insurance aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average insurance policy.

Collision coverage protection

Collision insurance will pay to fix damage to your Forester resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as colliding with a tree, scraping a guard rail, hitting a parking meter and backing into a parked car. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also increase the deductible to get cheaper collision coverage.

Liability auto insurance

Liability coverage protects you from damage or injury you incur to people or other property in an accident. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like court costs, structural damage and loss of income. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a deer, a broken windshield and damage from flooding. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for bills for nursing services, EMT expenses, pain medications and prosthetic devices. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these limits are identical to your policy’s liability coverage.

The best insurance company isn’t always the cheapest

Low-cost 2001 Subaru Forester insurance can be purchased from both online companies in addition to many insurance agents, so you should compare both so you have a total pricing picture. Some insurance providers do not provide online quoting and most of the time these regional insurance providers sell through independent agents.

We just presented some good ideas how you can compare insurance prices online. The most important thing to understand is the more price quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest premiums are with the smaller companies. These smaller insurers can often provide lower rates in certain areas compared to the large companies like Geico and State Farm.

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