Compare 2012 Subaru Impreza Car Insurance Cost

No one looks forward to buying auto insurance, especially when they are paying too much.

Companies like State Farm, Farmers Insurance, Geico and Allstate promote their brand names with advertising and it is difficult to sift through the bull and do the work needed to find the best deal.

If you currently have car insurance, you will be able to cut costs considerably using these techniques. Buying car insurance is not rocket science. But car owners do need to understand how big insurance companies market insurance on the web.

Save money by taking advantage of these discounts

Companies don’t always list all their discounts very clearly, so we break down both the well known and the more hidden savings tricks you should be using.

  • 55 and Retired – If you’re over the age of 55, you may qualify for better car insurance rates for Impreza coverage.
  • Claim Free – Drivers who don’t have accidents pay less compared to accident-prone drivers.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you could get a discount of up to 20% off your total premium.
  • Low Mileage – Keeping the miles down on your Subaru can qualify you for a substantially lower rate.
  • Good Students Pay Less – This discount can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.

Consumers should know that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to specific coverage prices like comp or med pay. So despite the fact that it appears you could get a free car insurance policy, companies don’t profit that way.

Insurance companies who might offer some of the above discounts include:

Check with each company which discounts they offer. Savings may not be available everywhere.

Subaru Impreza rates are complex

Consumers need to have an understanding of the factors that come into play when calculating auto insurance rates. Knowing what determines base rates helps enable you to make changes that could result in much lower annual insurance costs.

  • Bump up deductibles to save – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, protects your Subaru from damage. Some examples of claims that would be covered would be colliding with a building, damage caused by hail, and burglary. Your deductibles are the amount of money you are required to spend out-of-pocket before your auto insurance pays a claim. The higher the amount the insured has to pay upfront, the less your company will charge you for insurance for Impreza coverage.
  • Pleasure use or commuting – The more miles you rack up on your Subaru every year the higher your rates will be. Almost all companies rate vehicles based upon how you use the vehicle. Autos that are left in the garage get more affordable rates than those used for commuting. If your policy improperly rates your Impreza may be wasting your money. Verify your auto insurance policy properly reflects how each vehicle is driven.
  • No coverage gaps is important – Not having insurance can get your license suspended and auto insurance companies will penalize you for letting your coverage lapse. And not only will insurance be more expensive, but not being able to provide proof of insurance can result in a hefty fine and possibly a revoked license.You may have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Do you know you’re credit rating? – A driver’s credit score is a large factor in your rate calculation. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with poor credit. If your credit score is low, you could be paying less to insure your 2012 Subaru Impreza by improving your rating.
  • Choose a safe vehicle and save – Vehicles with high crash test scores get lower rates. Safer cars have better occupant injury protection and lower injury rates means less money paid by your insurance company passed on to you as lower rates. If your Subaru is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
  • Being married is a good thing – Being married can get you a discount when buying auto insurance. Having a spouse translates into being more responsible and it’s statistically proven that married couples file fewer claims.
  • Do you qualify for a multi-policy discount? – Many companies provide better rates to insureds who consolidate policies with them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. If you currently are using one company, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible.

When should I use an insurance agent?

When it comes to buying the best insurance coverage coverage for your vehicles, there really is not a “best” method to buy coverage. Every situation is different and your policy should reflect that. These are some specific questions might point out whether or not you will benefit from professional help.

  • When should I drop full coverage on my 2012 Subaru Impreza?
  • When should my teen driver be added to my policy?
  • Do I need higher collision deductibles?
  • Can my babysitter drive my car?
  • Does coverage extend to my business vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered if my car is in a flood?
  • Which is better, split liability limits or combined limits?
  • Why am I required to buy high-risk coverage?

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. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Can switching companies really save?

Car insurance companies such as Progressive, Allstate and Geico regularly use ads on TV and radio. They all seem to say the same thing that you can save if you move to their company. How do they all claim to save you money?

All the different companies have a preferred profile for the right customer they prefer to insure. For example, a desirable insured could possibly be over the age of 40, has no driving citations, and has excellent credit. A customer getting a price quote that hits that “sweet spot” is entitled to the best price and most likely will save quite a bit of money when switching.

Drivers who do not match these standards must pay more money and this can result in business not being written. The ad wording is “customers who switch” but not “drivers who get quotes” save that kind of money. That’s the way insurance companies can confidently state the savings. This illustrates why drivers must get a wide range of price quotes. You cannot predict the company that will have the lowest Subaru Impreza insurance rates.

Insurance coverage considerations

Having a good grasp of your policy helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverage types found on the average insurance policy.

Uninsured or underinsured coverage

This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that 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 is important protection for you and your family.

Comprehensive protection

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

Comprehensive can pay for claims like falling objects, damage from getting keyed, hitting a deer and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability

Liability insurance protects you from damage that occurs to other’s property or people that is your fault. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage pays for things like pain and suffering, emergency aid, repair costs for stationary objects, court costs and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like chiropractic care, dental work, prosthetic devices and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision insurance

This coverage will pay to fix damage to your Impreza resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a ditch, hitting a mailbox, damaging your car on a curb and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Stretch your dollar

We just covered some good ideas how you can save on 2012 Subaru Impreza insurance. The key concept to understand is the more providers you compare, the better chance you’ll have of finding lower rates. You may even find the lowest premiums are with a smaller regional carrier. They can often insure niche markets at a lower cost as compared to the big name companies such as Allstate and Progressive.

As you shop your coverage around, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. The aim is to buy enough coverage at the best price while not skimping on critical coverages.

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