Cheap 2004 Subaru Impreza Insurance Cost

Overpriced Subaru Impreza insurance can empty your personal savings and force you to make sacrifices. Comparison shopping is a great way to cut your insurance bill. Insurance companies such as Progressive, GEICO and Farmers Insurance persitently shower you with catchy ads and it is difficult to ignore the propoganda and take the time to shop coverage around.

Consumers should take time to price shop coverage every six months since rates are usually higher with each renewal. Just because you had the best deal on Impreza insurance last year other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re about to learn one of the quickest ways to buy cheaper auto insurance.

If you have a current auto insurance policy or are just looking to switch companies, you can use these techniques to reduce the price you pay and still get good coverage. Finding affordable coverage is easy if you know what you’re doing. Drivers only need an understanding of the tricks to get comparison rates online.

Why your Subaru Impreza insurance rates may be high

It’s important that you understand the different types of things that play a part in calculating the rates you pay for car insurance. Having a good understanding of what determines base rates allows you to make educated decisions that will entitle you to better car insurance rates.

  • Don’t sacrifice liability coverage – Liability insurance will protect you when a court rules you are at fault for damages from an accident. It provides legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to physical damage coverage, so buy as much as you can afford.
  • Do you know you’re credit rating? – A driver’s credit history is a huge factor in determining your rates. Therefore, if your credit is not that good, you could save money insuring your 2004 Subaru Impreza by repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers with lower credit scores.
  • Your stress level may be raising your rates – Occupations such as real estate brokers, business owners and dentists are shown to have the highest average rates because of stressful work requirements and lots of time spent at work. Other jobs such as farmers, historians and retirees pay the least on Impreza insurance.
  • Higher safety ratings means cheaper insurance – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles reduce injuries and better occupant protection means less money paid by your insurance company and lower rates for you. If your Subaru is rated at least four stars on Safercar.gov you may qualify for a discount.
  • Careful drivers pay lower rates – Just one ticket can bump up the cost by as much as thirty percent. Drivers who don’t get tickets have lower premiums than their less careful counterparts. Drivers who have dangerous citations such as DUI or reckless driving may need to submit a SR-22 form with the DMV in their state in order to prevent a license revocation.
  • Car features impact rates – Choosing a vehicle with an alarm system can help lower your rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.
  • Bump up deductibles to save – Physical damage coverage, also known as collision and other-than-collision, protects your Subaru from damage. Some instances where coverage would apply are running into the backend of another car, vandalism, and windstorm damage. Deductibles for physical damage are the amount of money you are willing to pay in the event of a claim. The more money you are required to pay out-of-pocket, the lower your rates will be on Impreza insurance.
  • More than one policy can earn a discount – Most car insurance companies give discounts to insureds who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be ten or even up to twenty percent in some cases. Even with this discount, it’s in your best interest to shop around to make sure you are getting the best deal.

Fast and Easy Auto Insurance Quotes

Cutting your auto insurance rates isn’t really that difficult. You just have to take a few minutes comparing rates from different insurance companies. It is quite easy and can be accomplished using a couple different methods.

Probably the best way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This method eliminates the need for repetitive form submissions for every auto insurance company. In just a few minutes this one form will return quotes from all major companies.

Another way to obtain and compare quotes online requires you to visit each company’s website and request a quote. For instance, we’ll pretend you want to compare rates from Auto-Owners, Farmers and GEICO. To find out each rate you need to go to every website and enter your information, which is why the first method is more popular.

For a handy list of car insurance company links in your area, click here.

It doesn’t matter which method you choose, just make sure you use exactly the same coverage information with each company. If you compare mixed coverages it will be next to impossible to find the best deal for your Subaru Impreza.

Save big with these discounts

Car insurance companies don’t list all available discounts very clearly, so we took the time to find some of the more common and the more hidden ways to save on auto insurance. If you’re not getting every credit you qualify for, you are throwing money away.

  • Service Members Pay Less – Being deployed with a military unit could mean lower rates.
  • Auto/Home Discount – If you have multiple policies with the same company you will save 10% to 20% off each policy.
  • Save over 55 – Older drivers may receive reduced rates on Impreza insurance.
  • Payment Discounts – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Homeowners Pay Less – Owning a home can help you save on auto insurance due to the fact that maintaining a home shows financial diligence.
  • Discount for Life Insurance – Some companies give lower rates if you buy a life insurance policy as well.
  • No Accidents – Drivers with accident-free driving histories can save substantially as compared to accident-prone drivers.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability and collision coverage. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way.

A partial list of companies that may offer some of the above discounts are:

Double check with each company what discounts are available to you. All car insurance discounts might not apply everywhere.

But I don’t know anything about car insurance

When it comes to choosing coverage, there really is no “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that can help discover whether your personal situation will benefit from professional help.

  • What are the financial responsibility laws in my state?
  • Should I have combined single limit or split liability limits?
  • Can I still get insurance after a DUI?
  • Am I getting all the discounts available?
  • Am I covered when driving on a suspended license?
  • Am I covered if I break a side mirror?
  • Does coverage extend to my business vehicle?
  • Do I need roadside assistance coverage?
  • Is my nanny covered when driving my vehicle?
  • Are rental cars covered under my policy?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Car insurance coverage breakdown

Having a good grasp of car insurance aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most car insurance policies.

Comprehensive insurance

Comprehensive insurance coverage covers 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 coverage protects against claims such as theft, a tree branch falling on your vehicle, hitting a bird, hitting a deer and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Subaru Impreza.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills such as nursing services, surgery, prosthetic devices and chiropractic care. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision insurance

Collision 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 rolling your car, hitting a parking meter, driving through your garage door and scraping a guard rail. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Liability insurance

This coverage protects you from injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

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

Liability coverage protects against claims such as medical services, funeral expenses and emergency aid. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

A little work can save a LOT of money

Cheap 2004 Subaru Impreza insurance is definitely available from both online companies in addition to many insurance agents, and you need to comparison shop both so you have a total pricing picture. A few companies do not provide online price quotes and most of the time these smaller companies sell through independent agents.

You just learned a lot of information how to save on insurance. The key thing to remember is the more rate comparisons you have, the better likelihood of reducing your rate. You may be surprised to find that the best prices are with a small mutual company. Smaller companies may often insure only within specific states and give getter rates than their larger competitors like Allstate or State Farm.

As you prepare to switch companies, it’s a bad idea to sacrifice coverage to reduce premiums. Too many times, consumers will sacrifice collision coverage and discovered at claim time that the few dollars in savings costed them thousands. The ultimate goal is to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

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