Lower Your 2014 Subaru BRZ Insurance Rates

Want better car insurance rates for your Subaru BRZ? Trying to find better insurance prices for your Subaru BRZ could be difficult, but you can learn the following methods to find lower rates. There are more efficient ways to buy car insurance and you need to know the best way to get price quotes on a Subaru and find the lowest possible price from both online companies and local agents.

Don’t overlook these discounts

Companies that sell car insurance don’t necessarily list every discount in an easy-to-find place, so we break down some of the more common and the harder-to-find ways to save on auto insurance. If they aren’t giving you every credit you qualify for, you are throwing money away.

  • 55 and Retired – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums on BRZ coverage.
  • Paperless Signup – Certain companies will give a small break simply for signing over the internet.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on BRZ coverage with certain companies.
  • Driver Safety – Taking part in a course in driver safety could possibly earn you a 5% discount if you qualify.

Consumers should know that most credits do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates you could get a free auto insurance policy, auto insurance companies aren’t that generous.

To see a list of insurance companies with discount auto insurance rates, click here to view.

Impacting insurance rates for a Subaru BRZ

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for insurance. Knowing what impacts premium levels empowers consumers to make smart changes that can help you get much lower annual insurance costs.

  • Theft deterrents lower rates – Driving a car with an alarm system can save you a little every year. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
  • Pay less after the wedding – Having a wife or husband can get you a discount on your insurance policy. Having a significant other means you’re more mature and responsible and it’s statistically proven that married couples file fewer claims.
  • Do men or women drive better? – Statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are worse drivers. Men and women cause accidents at about the same rate, but men cause more damage. Men also receive more costly citations such as DWI and reckless driving. Young males are the most expensive to insure and are penalized with high insurance rates.
  • Multiple policies with one company can save – Some insurance companies give discounts to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, you still need to compare rates to ensure the best deal.
  • Drive a safer car and pay less – Cars with high safety ratings get lower rates. The safest vehicles reduce injuries and lower injury rates means lower claim amounts and lower rates for you. If your Subaru BRZ scored better than four stars on Safercar.gov it is probably cheaper to insure.
  • Protect your assets with liability insurance – The liability section of your policy provides coverage if ever you are found liable for causing damage or personal injury in an accident. It provides legal defense coverage starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
  • Frequent insurance claims increase rates – Companies generally give discounts to drivers who do not rely on their insurance for small claims. If you tend to file frequent claims, you can expect either a policy non-renewal or much higher rates. Car insurance is designed for major claims that would cause financial hardship.

Is my situation unique?

When it comes to choosing adequate coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different.

For instance, these questions may help highlight whether or not you would benefit from an agent’s advice.

  • What if I don’t agree with a claim settlement offer?
  • Is my nanny covered when driving my vehicle?
  • Am I covered if I hit my neighbor’s mailbox?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Do I have coverage for damage caused while driving under the influence?
  • Is my trailer covered?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.

Do you really save 40% when you switch?

Drivers constantly see and hear ads for cheaper car insurance by Allstate, Geico and Progressive. All the companies have a common claim of big savings if you change to their company.

How does each company say the same thing? It’s all in the numbers.

All the different companies have a preferred profile for the driver that is profitable for them. For example, a preferred risk might be profiled as between 30 and 50, has no driving citations, and has a high credit rating. A propective insured who meets those qualifications receives the best rates and therefore will save a lot of money.

Potential insureds who don’t meet these standards will be charged a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads state “customers who switch” not “everybody who quotes” save that much money. That’s why companies can truthfully advertise the savings. That is why it is so important to get as many quotes as possible. It’s not possible to predict which car insurance company will have the lowest Subaru BRZ insurance rates.

Insurance policy specifics

Having a good grasp of your insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, backing into a parked car, sideswiping another vehicle, colliding with another moving vehicle and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Subaru BRZ.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Comprehensive coverage

This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hail damage, damage from getting keyed, vandalism and hitting a bird. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for expenses for X-ray expenses, doctor visits and funeral costs. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for liability

This coverage provides protection from damage or injury you incur to a person or their property that is your fault. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers claims like repair costs for stationary objects, attorney fees, court costs and funeral expenses. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.

More effort can pay off

Low-cost 2014 Subaru BRZ insurance is available from both online companies as well as from independent agents, so you should be comparing quotes from both to have the best rate selection. Some car insurance companies don’t offer online quoting and most of the time these small, regional companies sell through independent agents.

We’ve covered many tips how you can save on insurance. The key concept to understand is the more times you quote, the better chance you’ll have of finding lower rates. Consumers could even find that the biggest savings come from the least-expected company.

Insureds who switch companies do it for a number of reasons such as an unsatisfactory settlement offer, lack of trust in their agent, questionable increases in premium or even unfair underwriting practices. No matter why you want to switch, finding a new company can be easier than you think.

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