Lower Your 2006 Subaru Legacy Insurance Rates

Searching for better car insurance rates for your Subaru Legacy? Shopping for the cheapest car insurance on the internet can seem to be impossible for beginners to buying insurance online. With a ridiculous number of companies in the marketplace, how can anyone have a chance to compare the different rates to find the cheapest rates?

It’s smart to check car insurance prices quite often since insurance rates trend upward over time. Just because you had the lowest price for Legacy insurance two years ago the chances are good that you can find a lower rate today. There is too much inaccurate information about car insurance online but I’m going to show you a bunch of ideas how to buy car insurance cheaper.

Buying car insurance is easy if you know what you’re doing. In a nutshell, everyone who carries car insurance stands a good chance to be able to lower their premiums. Nevertheless, consumers must understand how companies determine prices and use this information to your advantage.

Quick Insurance Coverage Quotes

When shopping for insurance coverage there are multiple ways of comparing rates from insurance coverage companies in your area. The best way to find the lowest 2006 Subaru Legacy rates is to get quotes online. This can be done in several different ways.

  1. The fastest way to get quotes would be an industry-wide quote request form (click to open form in new window). This form prevents you from having to do a different quote for each company you want a rate for. One quote request will return quotes from many national carriers. It’s the fastest way to compare.
  2. A slightly less efficient method to analyze rates is going to each company’s website to complete a price quote. For sake of this example, let’s say you want to compare State Farm, Liberty Mutual and American Family. To get rate quotes you would need to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular.

    For a handy list of car insurance company links in your area, click here.

Whichever method you choose, double check that you are using identical coverage limits and deductibles for every company. If you have unequal deductibles or liability limits then you won’t be able to determine the best price for your Subaru Legacy. Quoting even small variations in limits could mean much higher rates. Just keep in mind that comparing a large number of companies will improve the odds of getting the best price.

Don’t believe everything you hear

Allstate and Progressive constantly bombard you with ads on television and other media. All the companies say the same thing that you’ll save big if you switch to their company. How can each company claim to save you money? This is how they do it.

All the different companies can use profiling for the type of driver that makes them money. A good example of a profitable customer could possibly be a mature driver, has no prior claims, and has a high credit rating. A propective insured that hits that “sweet spot” will qualify for the lowest rates and therefore will save when switching.

Potential insureds who don’t measure up to the “perfect” profile will be quoted more money and this can result in business going elsewhere. The ad wording is “drivers who switch” not “people who quote” save that kind of money. That’s why companies can truthfully state the savings. This emphasizes why it is so important to compare many company’s rates. It’s not possible to predict the company that will provide you with the cheapest Subaru Legacy insurance rates.

Impacting insurance rates for a Subaru Legacy

An important part of buying insurance is that you know the factors that come into play when calculating your auto insurance rates. Understanding what impacts premium levels helps enable you to make changes that will entitle you to big savings.

  • Men are more aggressive – The statistics show women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Both sexes tend to get into accidents at a similar rate, but the men have costlier accidents. Men also statistically have more aggressive citations such as DWI and reckless driving. Young males are several times more likely to be in an accident and thus pay the highest rates.
  • What are your deductibles? – Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your Subaru from damage. Some instances where coverage would apply are colliding with a building, damage from fire, and burglary. The deductibles are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance for Legacy insurance.
  • Your credit rating is important – A driver’s credit score is a huge factor in determining your rates. If your credit is lower than you’d like, you could potentially save money when insuring your 2006 Subaru Legacy by spending a little time repairing your credit. People with high credit ratings tend to be more responsible as compared to drivers with poor credit.
  • Your car’s features help determine rates – Driving a car that has an advanced theft prevention system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
  • Your spouse saves you money – Having a spouse helps lower the price on auto insurance. It usually means you are more mature and it’s proven that married drivers get in fewer accidents.
  • One company can mean more discounts – Many auto insurance companies will give a discount to insureds who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. If you currently are using one company, you may still want to compare rates to verify if the discount is saving money.
  • Protect yourself with liability coverage – Your policy’s liability coverage is the protection when a jury decides you are liable for damages caused by your negligence. Liability insurance provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.
  • Extra coverages can waste money – There are many add-on coverages you can purchase on your 2006 Legacy policy. Things like rental car reimbursement, better glass coverage and membership fees may be wasting your money. They may seem like a good idea when you first buy your policy, but your needs may have changed so remove them from your policy.

More discounts equal less premium

Companies offering auto insurance don’t always publicize every discount very well, so the following is a list of both the well known and also the lesser-known insurance savings.

  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.
  • Drivers Education – Have your child enroll in driver’s education in school.
  • Payment Discounts – By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Multi-car Discount – Insuring more than one vehicle on the same insurance policy may reduce the rate for each vehicle.
  • Passive Restraint Discount – Cars that have air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. This discount can apply up until you turn 25.
  • New Vehicle Savings – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
  • Early Switch Discount – Some insurance companies reward drivers for signing up prior to your current policy expiring. It’s a savings of about 10%.
  • Driver Safety – Taking a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.

It’s important to understand that most discounts do not apply the the whole policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like adding up those discounts means a free policy, you’re out of luck.

Car insurance companies that possibly offer some of the above discounts are:

Before buying, ask all companies you are considering what discounts are available to you. Savings might not be offered in your area.

It’s not one size fits all

When choosing coverage, there isn’t really a single plan that fits everyone. Every situation is different.

Here are some questions about coverages that can aid in determining if your insurance needs may require specific advice.

  • Do I need medical payments coverage since I have good health insurance?
  • Is my custom paint covered by insurance?
  • Should I get collision insurance on every vehicle?
  • How do I insure my teen driver?
  • What are the best liability limits?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

Specific coverages for a Subaru Legacy

Having a good grasp of insurance aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Liability auto insurance

Liability insurance protects you from damage or injury you incur to a person or their property in an accident. It protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for claims like court costs, repair costs for stationary objects and attorney fees. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.

Comprehensive or Other Than Collision

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

Comprehensive can pay for things such as damage from getting keyed, falling objects, rock chips in glass and hail damage. The highest amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision insurance

This 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 then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as sustaining damage from a pot hole, driving through your garage door, colliding with a tree, colliding with another moving vehicle and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Medical costs insurance

Med pay and PIP coverage provide coverage for bills for things like rehabilitation expenses, nursing services, X-ray expenses and EMT expenses. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Subaru Legacy.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

More comparisons equals lower rates

People leave their current company for a number of reasons such as delays in paying claims, denial of a claim, lack of trust in their agent or even being labeled a high risk driver. It doesn’t matter what your reason, choosing a new company is not as hard as you think.

As you shop your coverage around, don’t be tempted to buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced liability coverage limits and learned later that they should have had better coverage. Your focus should be to find the BEST coverage at a price you can afford.

We covered some good ideas how to shop for 2006 Subaru Legacy insurance online. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with a smaller regional carrier.

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