2007 Subaru Impreza Insurance Cost

Searching for the cheapest auto insurance rates for your Subaru Impreza? Finding lower rates for auto insurance can be challenging for consumers new to comparison shopping online. People have so many options that it can turn into a ton of work to locate the lowest price.

Factors influencing Subaru Impreza insurance rates

Consumers need to have an understanding of some of the elements that go into determining car insurance rates. When you know what positively or negatively influences your rates empowers consumers to make smart changes that will entitle you to lower car insurance prices.

Listed below are a few of the “ingredients” used by your company to calculate prices.

  • One company can mean more discounts – Most car insurance companies will give a discount to insureds who have multiple policies with them. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s still a good idea to comparison shop to verify if the discount is saving money. You may still be able to find better rates by buying insurance from more than one company.
  • Your occupation can affect rates – Occupations like real estate brokers, social workers and financial analysts are shown to have higher average rates in part from high stress levels and long work hours. Conversely, occupations such as farmers, engineers and retirees pay the least for Impreza insurance.
  • Safer cars cost less to insure – Vehicles with high crash test scores can get you lower premiums. These vehicles protect occupants better and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Subaru has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Don’t cancel a policy without a new one in place – Driving without insurance can get your license suspended and car insurance companies will penalize you for letting your coverage lapse. And not only will insurance be more expensive, but being ticketed for driving with no insurance may earn you a hefty fine and possibly a revoked license.You may then be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Bad driving skills means higher rates – Careful drivers receive lower rates than their less careful counterparts. Even one citation can boost insurance rates twenty percent or more. Drivers with dangerous tickets such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 form to the state department of motor vehicles in order to prevent a license revocation.
  • Do you have enough liability coverage? – The liability section of your policy is the protection in the event that a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides legal defense starting from day one. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Your spouse saves you money – Having a spouse can actually save you money on your policy. Marriage means you’re more mature than a single person and it’s proven that drivers who are married are more cautious.

Cut your insurance rates with discounts

Car insurance companies don’t always list every available discount in a way that’s easy to find, so here is a list both well-publicized and the more hidden savings tricks you should be using.

  • Multi-policy Discount – When you have multiple policies with one company you could get a discount of at least 10% off all policies.
  • Resident Student – Kids in college who are attending college without a vehicle on campus may be able to be covered for less.
  • Military Discounts – Having a deployed family member may qualify for rate reductions.
  • Low Mileage – Keeping the miles down on your Subaru can earn lower rates on the low mileage vehicles.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Good Student Discount – Performing well in school can save 20 to 25%. This discount can apply well after school through age 25.
  • Claim Free – Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Organization Discounts – Being a member of a civic or occupational organization could qualify you for a break when shopping for insurance for Impreza insurance.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like adding up those discounts means a free policy, insurance companies aren’t that generous.

To see a list of insurers who offer insurance discounts, follow this link.

You are unique and your insurance should be too

When choosing coverage for your personal vehicles, there is no perfect coverage plan. Every situation is different.

For example, these questions may help you determine whether or not you would benefit from professional advice.

  • Does my policy cover me when driving someone else’s vehicle?
  • What should my uninsured motorist coverage limits be in my state?
  • Does my medical payments coverage pay my health insurance deductible?
  • What companies insure drivers after a DUI or DWI?
  • If my 2007 Subaru Impreza is totaled, can I afford another vehicle?
  • Am I covered when pulling a rental trailer?
  • What happens if I owe more than my 2007 Subaru Impreza is worth?
  • Will filing a claim cost me more?
  • Does my liability insurance cover pulling a trailer or camper?
  • Am I covered if hit by an uninsured driver?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Car insurance coverage basics

Having a good grasp of car insurance can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Liability insurance – Liability insurance can cover damage that occurs to people or other property. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has 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 limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for things like medical expenses, repair bills for other people’s vehicles, legal defense fees, medical services and loss of income. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2007 Subaru Impreza.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for expenses for things like chiropractic care, ambulance fees, dental work, hospital visits and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Comprehensive protection – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like rock chips in glass, fire damage, theft and a broken windshield. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision – This will pay to fix damage to your Impreza from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as sideswiping another vehicle, crashing into a ditch, damaging your car on a curb and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Smart consumers save more

Drivers leave their current company for a number of reasons such as delays in responding to claim requests, unfair underwriting practices, poor customer service and even high rates after DUI convictions. Regardless of your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

As you restructure your insurance plan, do not buy less coverage just to save a little money. There are many occasions where someone sacrificed comprehensive coverage or liability limits only to discover later that it was a big error on their part. The proper strategy is to get the best coverage possible at the best price while still protecting your assets.

We just presented many ways to reduce 2007 Subaru Impreza insurance prices online. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers may even find the lowest premiums are with a smaller regional carrier.

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