1993 Subaru Loyale Insurance Rates

Confused by the number of car insurance company choices? Many other consumers are too. People have so many choices that it can turn into a ton of work to find the best price.

It’s a good idea to take a look at other company’s rates periodically because prices trend upward over time. If you had the lowest rates on Loyale insurance last year the chances are good that you can find a lower rate today. You can find a lot of wrong information about car insurance on the internet, so with this article, you’re going to get some great ideas on how to save money.

Insurance Comparison Rates

Comparing insurance rates can be exhausting if you aren’t aware of the best way to get rate quotes. You can waste a few hours (or days) driving to local insurance agents in your area, or you can stay home and use online quotes to achieve your goal.

Many of the larger companies are enrolled in a marketplace that enables customers to enter their coverage request one time, and at least one company can provide price quotes based on that information. This prevents consumers from doing form submissions to each company.

To find out how much you can save on insurance click here to open in new window.

The one downside to using this type of system is you don’t know exactly which insurance companies you want to price. If you prefer to choose from a list of companies for rate comparison, we have a page of insurance companies in your area. Click to view list.

Whichever method you choose, be sure to compare exactly the same information on every quote you get. If you enter different deductibles then you won’t be able to truly determine the lowest rate. Just a small difference in insurance coverages can result in a big premium difference. Just remember that having more price comparisons will improve the odds of getting the best rates.

Best discounts on Subaru Loyale coverage

Insurance can be prohibitively expensive, but you may find discounts that you may not even be aware of. Certain discounts will be applied at the time of purchase, but a few must be asked for in order for you to get them.

  • Multiple Cars – Buying coverage for all your vehicles on one policy may reduce the rate for each vehicle.
  • Club Memberships – Being a member of a civic or occupational organization may earn a discount on your policy on Loyale insurance.
  • Use Seat Belts – Drivers who require all occupants to wear their seat belts could save 15% off your PIP or medical payments premium.
  • Save over 55 – If you qualify as a senior citizen, you may receive reduced rates on Loyale insurance.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Subaru can qualify you for better rates on cars that stay parked.
  • Drive Safe and Save – Drivers who avoid accidents may save up to 50% more on Loyale insurance than their less cautious counterparts.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you could get a free insurance policy, you won’t be that lucky. But all discounts will reduce the amount you have to pay.

For a list of insurers with the best insurance discounts, follow this link.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there really is no cookie cutter policy. Every insured’s situation is different.

These are some specific questions may help you determine if your situation might need professional guidance.

  • How high should my medical payments coverage be?
  • Can my teen driver be rated on a liability-only vehicle?
  • When does my teenage driver need to be added to my policy?
  • Does my liability insurance cover pulling a trailer or camper?
  • Does coverage extend to my business vehicle?
  • Do I have coverage for damage caused while driving under the influence?
  • At what point should I drop full coverage?
  • Am I covered if I drive in a foreign country?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form.

Subaru Loyale rates influenced by many factors

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Are you male or female? – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. Women and men have accidents in similar percentages, but men cause more damage. Men also get more serious tickets such as DWI and reckless driving. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.
  • Always keep insurance in force – Driving with no insurance can get your license suspended and insurance companies will penalize you for letting your coverage lapse. And not only will insurance be more expensive, failure to provide proof of insurance will get you a license revocation or jail time.
  • Do you need those extra coverages? – There are a ton of extra coverages that you can get tricked into buying on your insurance policy. Insurance for personal injury protection, accidental death and motor club memberships are examples of these. They may seem like a good idea at first, but if you don’t need them eliminate the coverages to reduce your premium.
  • High crash test scores lower rates – Vehicles with good safety scores are cheaper to insure. The safest vehicles protect occupants better and fewer injuries means lower claim amounts and more competitive rates for policyholders. If your Subaru Loyale scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • How credit affects insurance rates – Credit history is a big factor in calculating your insurance rates. Therefore, if your credit is not that good, you could potentially save money when insuring your 1993 Subaru Loyale by improving your rating. Consumers who have good credit tend to be less risk to insure as compared to drivers with lower credit scores.
  • How your age affects price – Older drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations. Teenage drivers tend to be more careless behind the wheel therefore insurance rates are much higher.
  • Where you live can impact rates – Living in small towns and rural areas is a positive aspect when talking about insurance. Less people living in that area translates into fewer accidents and a lower car theft rate. Urban drivers have more traffic problems and a longer drive to work. More time commuting means higher likelihood of an accident.
  • Marriage brings a discount – Getting married can actually save you money on your policy. Having a significant other translates into being more mature and it’s statistically proven that married couples file fewer claims.

Insurance coverage breakdown

Learning about specific coverages of a insurance policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Auto liability insurance – This will cover damage or injury you incur to other people or property by causing an accident. It protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for claims like repair costs for stationary objects, court costs, medical services, funeral expenses and emergency aid. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

UM/UIM Coverage – This coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Subaru Loyale.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Normally these coverages are set the same as your liablity limits.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as surgery, ambulance fees, pain medications and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as damage from getting keyed, hail damage, damage from a tornado or hurricane and theft. The most your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage – This coverage will pay to fix damage to your Loyale resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as scraping a guard rail, crashing into a building, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

More effort can pay off

Drivers who switch companies do it for a number of reasons such as high prices, high rates after DUI convictions, lack of trust in their agent or an unsatisfactory settlement offer. Regardless of your reason for switching companies, switching companies is actually quite simple.

Cheaper 1993 Subaru Loyale insurance can be bought on the web and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer online quoting and these small insurance companies work with independent agents.

We’ve covered many ideas to save on insurance. The key thing to remember is the more you quote, the better likelihood of reducing your rate. Consumers may even find the lowest rates come from some of the smallest insurance companies.

Helpful information