Save on 2003 Subaru Legacy Car Insurance Rates

Trying to find the cheapest auto insurance rates for your Subaru Legacy? Price shopping your auto insurance is always difficult for consumers new to comparison shopping online. There are so many options that it can quickly become a real challenge to locate the lowest price.

It’s smart to compare rates before your policy renews because rates tend to go up over time. Even if you got the best rates on Legacy insurance on your last policy you may be paying too much now. Starting now, forget anything you know (or think you know) about auto insurance because you’re about to learn the only way to properly buy coverages and cut your premium.

Subaru Legacy insurance rates are influenced by…

Consumers need to have an understanding of the rating factors that go into determining car insurance rates. When you know what positively or negatively determines base rates empowers consumers to make smart changes that could result in lower car insurance prices.

  • Liability coverage is cheap – Liability coverage is the coverage that protects you if a court rules you are at fault for damages from an accident. Liability insurance provides legal defense coverage up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Equipment add-ons that lower car insurance rates – Purchasing a vehicle with an alarm system can help bring down rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
  • Never go without insurance – Letting your insurance expire will be a quick way to pay more for car insurance. And not only will insurance be more expensive, getting caught without coverage might get you a license revocation or jail time.
  • Don’t buy coverages you don’t need – There are a ton of additional coverages that you can get tricked into buying if you aren’t careful. Things like vanishing deductibles, accidental death and motor club memberships are examples of these. These may sound like a good investment when talking to your agent, but if you don’t need them remove them from your policy.
  • Men pay higher rates – Statistics demonstrate women tend to be less risk to insure than men. Now that doesn’t mean men are WORSE drivers than women. Both sexes cause accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations such as reckless driving.
  • A clean driving record saves money – Good drivers receive lower rates compared to drivers with tickets. Only having one moving violation can increase rates by as much as thirty percent. Drivers who have flagrant citations like DWI, reckless driving or hit and run convictions may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.
  • Claim-free discounts can add up – If you are a frequent claim filer, you can look forward to either higher rates or even cancellation. Insurance companies provide discounts to insureds who do not rely on their insurance for small claims. Car insurance is meant to be used in the event of larger claims.

Do you qualify for a discount?

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

  • Bundle and Save – When you have multiple policies with the same insurance company you could get a discount of 10% to 20% off each policy.
  • Distant Student – Any of your kids who are attending college without a vehicle on campus can be insured at a reduced rate.
  • Drive Less and Save – Low mileage vehicles could qualify for discounted rates on garaged vehicles.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Auto/Life Discount – Companies who offer life insurance give better rates if you take out life insurance from them.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Memberships – Being a member of a qualifying organization may earn a discount when shopping for auto insurance on Legacy insurance.
  • Sign Early and Save – Some insurance companies reward drivers for signing up before your current expiration date. It can save you around 10%.
  • Sign Online – A handful of insurance companies give back up to $50 for buying a policy and signing up on their website.

Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, companies don’t profit that way.

For a list of providers offering auto insurance discounts, click here.

What coverages do I need?

When it comes to buying coverage for your vehicles, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might help in determining whether you might need professional guidance.

  • When would I need additional glass coverage?
  • Am I covered if I drive in a foreign country?
  • Am I covered when pulling a rental trailer?
  • Is my teenager covered with friends in the car?
  • Is my cargo covered for damage or theft?
  • What should my uninsured motorist coverage limits be in my state?
  • Is my 2003 Subaru Legacy covered for flood damage?
  • When do I need to add a new car to my policy?
  • Do I pay less for low miles?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Auto insurance 101

Knowing the specifics of a auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverage – This coverage will pay to fix damage to your Legacy resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with another moving vehicle, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Subaru Legacy.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from getting keyed, a tree branch falling on your vehicle and a broken windshield. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability coverage – This coverage can cover injuries or damage you cause to other’s property or people by causing an accident. It protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as legal defense fees, emergency aid and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as high a limit as you can afford.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like pain medications, doctor visits, hospital visits and chiropractic care. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

Shop Smart and Save

As you go through the steps to switch your coverage, never reduce needed coverages to save money. There are a lot of situations where drivers have reduced uninsured motorist or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy enough coverage at an affordable rate while still protecting your assets.

Drivers switch companies for many reasons like poor customer service, an unsatisfactory settlement offer, high rates after DUI convictions and even unfair underwriting practices. Whatever your reason, finding a great new company can be pretty painless.

Discount 2003 Subaru Legacy insurance is attainable both online as well as from independent agents, and you need to price shop both in order to have the best price selection to choose from. A few companies don’t offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

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