How Much Does 2003 Subaru Impreza Car Insurance Cost?

Trying to find low-cost insurance for a new or used Subaru Impreza can be a painful process, but you can follow a few tricks to save time. There is a right way and a wrong way to shop for insurance and you need to know the absolute fastest way to compare rates for a new or used Subaru and locate the best price possible.

It’s a good idea to shop coverage around quite often due to the fact that insurance rates tend to go up over time. Even if you got the best rates for Impreza insurance last year the chances are good that you can find a lower rate today. Starting right now, ignore everything you know about insurance because you’re going to get a crash course in the only way to lower your annual insurance bill.

Cut your premium with discounts

Companies that sell car insurance don’t always list all their discounts very well, so we took the time to find both well-publicized and also the lesser-known discounts you could be receiving. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Discount for Life Insurance – Larger companies have a discount if you purchase auto and life insurance together.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less for Impreza insurance than less cautious drivers.
  • Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
  • Distant Student – Children living away from home attending college and do not have a car can receive lower rates.
  • Senior Citizens – Mature drivers may receive reduced rates for Impreza insurance.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
  • Discount for New Cars – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts could cut 10% or more off your PIP or medical payments premium.

It’s important to note that many deductions do not apply to your bottom line cost. Most only apply to specific coverage prices like comp or med pay. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way.

Car insurance companies that may have these benefits include:

Double check with each company how you can save money. Savings might not apply in every state.

How to Lower Your Auto Insurance Cost

Performing a rate comparison is a ton of work if you don’t understand the best way to get rate quotes. You could waste time discussing policy coverages with insurance companies in your area, or you could save time and use online quotes to get pricing more quickly.

Many companies enroll in a system where prospective buyers submit one quote, and each company returns a competitive quote for coverage. This saves time by eliminating repetitive form submissions for each company.

To submit your quote information now, click here (opens in new window).

The only downside to getting quotes like this is that consumers can’t choose which insurance companies you want pricing from. If you prefer to choose individual companies to compare prices, we put together a list of companies who write auto insurance in your area. Click here to view list.

It’s your choice how you get your quotes, but ensure you are comparing apples-to-apples coverages and limits with every price quote. If the quotes have different limits and deductibles on each one it will be very difficult to determine the lowest rate for your Subaru Impreza.

Why you might be paying too much to insure your Subaru Impreza

It’s important that you understand some of the elements that help determine your insurance rates. Understanding what determines base rates enables informed choices that will entitle you to better insurance rates.

  • Car features impact rates – Choosing a vehicle with a theft deterrent system can save you a little every year. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.
  • Drive less and save money – The more miles you rack up on your Subaru every year the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars determined by how the vehicle is used. Autos that are left in the garage get more affordable rates than vehicles that are driven to work every day. Verify your insurance policy is showing how each vehicle is driven. Incorrect usage on your Impreza may be wasting your money.
  • You might want pay the small claims yourself – Auto insurance companies provide cheaper rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can look forward to either policy cancellation or increased premiums. Your insurance policy is designed for the bigger claims that can’t be paid out-of-pocket.
  • Marriage brings a discount – Having a wife or husband can get you a discount on your insurance policy. Having a significant other is viewed as being more mature and responsible it has been statistically shown that being married results in fewer claims.
  • Never let your coverage lapse – Allowing your coverage to lapse will be a guaranteed way to increase your insurance rates. And not only will insurance be more expensive, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.
  • Protect yourself with liability coverage – The liability section of your policy is the protection if ever a court rules you are at fault for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Clean credit earns discounts – Having a bad credit history is a important factor in calculating your insurance rates. Therefore, if your credit score is not that good, you could pay less to insure your 2003 Subaru Impreza by spending a little time repairing your credit. Consumers who have high credit scores tend to be less risk to insure than drivers who have lower credit scores.

What is the best insurance coverage?

When buying the best auto insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Each situation is unique.

For example, these questions may help you determine if your insurance needs might need professional guidance.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • When would I need rental car insurance?
  • Can my babysitter drive my car?
  • Does coverage extend to a rental car in a foreign country?
  • Do I need PIP coverage since I have good health insurance?
  • Is my 2003 Subaru Impreza covered for smoke damage?
  • Should I buy additional glass protection?
  • Why am I required to get a high-risk car insurance policy?
  • Does my insurance cover my expensive audio equipment?
  • How much underlying liability do I need for an umbrella policy?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and you can get the answers you need.

Drivers who switch save $471 a year? Really?

Consumers get pounded daily by advertisements for cheaper car insurance by 21st Century, Allstate and State Farm. They all seem to say the same thing that you’ll save big if you move to their company.

How does each company claim to save you money?

All the different companies have a certain “appetite” for the type of customer that is profitable for them. A good example of a desirable insured might be between 30 and 50, insures multiple vehicles, and drives newer vehicles. A customer getting a price quote that hits that “sweet spot” will qualify for the lowest rates and is almost guaranteed to save quite a bit of money when switching.

Drivers who don’t meet the “perfect” profile will be quoted a more expensive rate which usually ends up with business going elsewhere. Company advertisements say “customers that switch” not “everyone that quotes” save that much. That’s the way insurance companies can confidently state the savings. This emphasizes why it’s extremely important to get as many quotes as possible. It’s just too difficult to predict which insurance companies will give you the biggest savings on Subaru Impreza insurance.

Specific coverages for a Subaru Impreza

Having a good grasp of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as colliding with a tree, scraping a guard rail and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability coverages – Liability insurance protects you from damages or injuries you inflict on people or other property. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage pays for things such as medical expenses, medical services and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Subaru Impreza.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hitting a bird, hitting a deer, damage from flooding, damage from a tornado or hurricane and a broken windshield. The highest amount your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like EMT expenses, ambulance fees, rehabilitation expenses and nursing services. They are often utilized in addition to your health insurance plan or if you do not have health coverage. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Quote more. Save more.

While you’re price shopping online, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where consumers will sacrifice physical damage coverage and discovered at claim time that it was a big error on their part. The proper strategy is to buy the best coverage you can find for the lowest price while still protecting your assets.

Cost effective 2003 Subaru Impreza insurance is attainable online and with local insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance providers do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

You just read a lot of information how to shop for insurance online. It’s most important to understand that the more companies you get rates for, the better likelihood of reducing your rate. Drivers may discover the lowest premiums are with a lesser-known regional company.

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