Want lower insurance rates for your Subaru Impreza WRX? Feel like you’re a prisoner to overpriced insurance? Believe me, you’re not the only one. With consumers having so many choices, it is hard for the average consumer to locate the most cost effective insurance company.
Most companies such as GEICO, State Farm and Progressive quote prices for coverage on the web. Getting online quotes is pretty easy as you just type in your required coverages as detailed in the form. After you complete the form, the company’s rating system pulls your driving and credit reports and returns pricing information based on these factors. Online quotes helps simplify price comparisons, but having to visit different websites and complete many quote forms is monotonous and tiresome. Unfortunately, it is important to perform this step if you are searching for lower prices.
A more efficient way to find lower prices uses one form that analyzes rates from multiple companies. It saves time, reduces the work, and makes quoting online a lot less work. As soon as the form is sent, it is rated and you can select any of the resulting price quotes. If the quotes result in lower rates, you simply finish the application and buy the new coverage. The entire process takes 15 minutes at the most and you will know how your current rates stack up.
To use this form to compare rates, click here and input your coverage information. If you have coverage now, it’s recommended you type in deductibles and limits just like they are on your policy. Using the same limits helps guarantee you are getting an apples-to-apples comparison using the same coverage and limits.
Consumers constantly see and hear ads for car insurance savings from companies such as GEICO, State Farm and Progressive. They all seem to make the same claim that you’ll save big after switching your policy.
How can each company make almost identical claims? It’s all in the numbers.
All the different companies have a preferred profile for the type of customer that makes them money. A good example of a profitable customer could possibly be between the ages of 40 and 55, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who fits that profile is entitled to the best price and therefore will save quite a bit of money when switching.
Potential customers who don’t qualify for the “perfect” profile will have to pay higher prices and ends up with the driver buying from a lower-cost company. The ad wording is “customers who switch” not “everyone that quotes” save that much money. This is how companies can state the savings. Because of the profiling, drivers must get quotes from several different companies. Because you never know which insurance company will have the lowest Subaru Impreza WRX insurance rates.
Smart consumers have a good feel for the different types of things that come into play when calculating the price you pay for insurance coverage. Understanding what controls the rates you pay empowers consumers to make smart changes that may reward you with big savings.
The list below includes some of the factors used by your company to calculate rates.
Companies that sell car insurance do not advertise every discount very well, so we took the time to find both the well known and the harder-to-find discounts you could be receiving. If you don’t get every credit you deserve, you are throwing money away.
As a disclaimer on discounts, some credits don’t apply the the whole policy. Some only apply to individual premiums such as medical payments or collision. So even though it sounds like you can get free auto insurance, it doesn’t quite work that way.
Companies that possibly offer these money-saving discounts may include but are not limited to:
Double check with each company which discounts you may be entitled to. All car insurance discounts might not be offered everywhere.
When buying coverage for your personal vehicles, there really is not a single plan that fits everyone. Every situation is different so your insurance needs to address that. For example, these questions could help you determine whether you could use an agent’s help.
If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.
Knowing the specifics of your policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages offered by auto insurance companies.
Collision coverages – This covers damage to your Impreza WRX resulting from a collision 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 claims like driving through your garage door, backing into a parked car, damaging your car on a curb and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.
Liability – Liability coverage protects you from damage that occurs to people or other property. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability coverage pays for things like repair bills for other people’s vehicles, loss of income, structural damage, pain and suffering and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.
Coverage for medical expenses – Med pay and PIP coverage kick in for bills such as doctor visits, ambulance fees, nursing services, X-ray expenses and prosthetic devices. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Comprehensive auto insurance – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims such as fire damage, hitting a bird, damage from flooding and falling objects. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Coverage for uninsured or underinsured drivers – Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2013 Subaru Impreza WRX.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.
As you go through the steps to switch your coverage, it’s very important that you do not buy less coverage just to save a little money. Too many times, an insured cut comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. The ultimate goal is to get the best coverage possible at a price you can afford while still protecting your assets.
Lower-priced 2013 Subaru Impreza WRX insurance is attainable on the web and also from your neighborhood agents, so you should compare both to get a complete price analysis. There are still a few companies who may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.
In this article, we presented a lot of information how to get a better price on insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. Consumers could even find that the best price on insurance is with some of the lesser-known companies. Smaller companies can often insure niche markets at a lower cost compared to the large companies like Progressive or GEICO.
Additional insurance information is available below: