Cheaper 1994 Subaru SVX Car Insurance Rates

Searching for the cheapest insurance over the internet is problematic for consumers not familiar with buying insurance on the web. Because there are so many companies in the marketplace, how can consumers effectively compare every company to locate the best available rates?

The method we recommend to compare rates is to know the trick auto insurance companies participate in online systems to provide you with a free rate quote. To begin a comparison, all you need to do is give the companies some data such as whether you drive to work or school, the ages of drivers, daily mileage, and your credit rating estimate. Your rating data is instantly submitted to multiple different insurance companies and you will get price comparisons almost instantly.

To start a rate quote now, click here and enter the information requested.

Don’t miss out on these money-saving discounts

Car insurance companies do not advertise every discount very well, so we researched some of the more common and also the lesser-known savings tricks you should be using.

  • New Car Discount – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
  • Distant Student – Any of your kids who live away from home and do not have access to a covered vehicle can receive lower rates.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on SVX coverage with select insurance companies.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may earn approximately 10% to 15%.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts could save 15% off your medical payments premium.

As a disclaimer on discounts, most credits do not apply to all coverage premiums. Some only apply to the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, you won’t be that lucky.

Companies that may offer these benefits are:

Check with every prospective company how you can save money. Discounts may not apply in your area.

Do I need special coverages?

When it comes to buying the best insurance coverage, there is no “best” method to buy coverage. Everyone’s needs are different.

For instance, these questions could help you determine whether you could use an agent’s help.

  • Am I covered if I hit my neighbor’s mailbox?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need motorclub coverage?
  • Does my insurance cover a custom paint job?
  • Are all vehicle passengers covered by medical payments coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Should I have a commercial auto policy?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form.

Why your Subaru SVX insurance rates may be high

It’s important that you understand some of the elements that help determine the price you pay for insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that will entitle you to lower insurance prices.

  • Safer cars cost less to insure – Cars with high safety ratings tend to have better insurance rates. Safe vehicles protect occupants better and better occupant protection translates into savings for insurance companies and lower rates for you. If your Subaru SVX has ratings of a minimum four stars on it is probably cheaper to insure.
  • Liability insurance protects assets – Your policy’s liability coverage is the protection if you are found to be at fault for causing damage or personal injury in an accident. Liability provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Credit scores impact insurance rates – Credit score is a huge factor in determining your rates. If your credit rating is lower than you’d like, you could potentially save money when insuring your 1994 Subaru SVX by improving your rating. People with high credit ratings tend to be more responsible than those with poor credit.
  • Mature drivers pay less – Teenage drivers tend to be careless and easily distracted when driving so insurance rates are higher. Having to add a teenage driver onto your insurance can be very expensive. More mature drivers are more cautious drivers, statistically cause fewer accidents and tend to be better behind the wheel.

Drivers who switch save $461 a year? Really?

Allstate and Progressive consistently run ads on television and other media. All the companies make the same claim that you can save if you change to them. How can each company claim to save you money?

Different companies have a preferred profile for the type of driver they prefer to insure. For example, a profitable customer might be a mature driver, has no tickets, and drives less than 7,500 miles a year. A propective insured who meets those qualifications gets the lowest rates and as a result will probably save quite a bit of money when switching.

Consumers who don’t qualify for the “perfect” profile will be quoted higher premiums which usually ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “people who quote” save that much money. That is how companies can make those claims. This emphasizes why you absolutely need to get as many quotes as possible. It’s just too difficult to predict which car insurance company will provide you with the cheapest Subaru SVX insurance rates.

Car insurance coverage information

Having a good grasp of your policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Uninsured and underinsured coverage

This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.


This coverage will cover damage that occurs to other people or property. This coverage protects you against claims from 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 values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for things like medical services, pain and suffering, court costs, loss of income and attorney fees. 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.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like EMT expenses, funeral costs, dental work, pain medications and prosthetic devices. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hitting a bird, fire damage and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

Collision coverage covers damage to your SVX resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a parking meter, sideswiping another vehicle, sustaining damage from a pot hole, hitting a mailbox and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Compare but don’t skimp

Drivers switch companies for any number of reasons including policy non-renewal, an unsatisfactory settlement offer, being labeled a high risk driver or even denial of a claim. No matter why you want to switch, switching car insurance companies is less work than it seems.

In this article, we presented many ideas to shop for 1994 Subaru SVX insurance online. The key thing to remember is the more you quote, the higher the chance of saving money. You may even discover the lowest premiums are with a small local company.

Lower-priced insurance is attainable online and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. Some car insurance companies may not provide online price quotes and most of the time these regional insurance providers sell through independent agents.

More detailed car insurance information can be read in the articles below: