How Much Does 2014 Subaru BRZ Insurance Cost?

Having to pay for overpriced auto insurance can overdraw your checking account and put the squeeze on your family’s finances. Comparison shopping is a smart way to lower your monthly bill. Many insurers vie for your insurance dollar, so it can be very hard to choose a company and get the definite lowest price

You should take the time to do rate comparisons before your policy renews due to the fact that insurance rates are adjusted regularly by insurance companies. Even if you got the best rates for BRZ coverage a few years ago you may be paying too much now. You’ll find quite a bit of inaccurate information about auto insurance online but we’re going to give you the best ways to buy auto insurance cheaper.

The quickest method we recommend to compare policy rates is to know the fact most larger insurance companies actually pay money for the chance to quote your coverage. To begin a comparison, all you need to do is give them rating details like how many miles driven, if you require a SR-22, the make and model of your vehicles, and how much school you completed. Those rating factors gets transmitted to all major companies and you will receive price estimates instantly to find the best rate.

Do you qualify for a discount?

Auto insurance companies don’t always publicize all available discounts very clearly, so here is a list both the well known as well as the least known discounts you could be receiving. If you’re not getting every credit possible, you’re just leaving money on the table.

  • 55 and Retired – Older drivers may receive reduced rates for BRZ coverage.
  • Paperless Signup – A few companies may give you up to $50 simply for signing on their website.
  • No Charge for an Accident – Certain companies will forgive one accident without raising rates so long as you haven’t had any claims prior to the accident.
  • Federal Employees – Being employed by or retired from a federal job could cut as much as 10% off for BRZ coverage with a few auto insurance companies.
  • Low Mileage – Keeping the miles down on your Subaru can qualify you for better rates on cars that stay parked.
  • Defensive Driver – Successfully completing a driver safety course could possibly earn you a 5% discount depending on where you live.

Keep in mind that some credits don’t apply the the whole policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky.

Companies that may offer these benefits may include but are not limited to:

It’s a good idea to ask each company how you can save money. Savings may not be available in your area.

Subaru BRZ insurance rates can be determined by these details

Smart consumers have a good feel for the different types of things that go into determining your insurance coverage rates. Knowing what determines base rates empowers consumers to make smart changes that can help you get lower insurance coverage prices.

  • Your car’s features help determine rates – Purchasing a vehicle with an alarm system can get you a discount on your insurance coverage. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft.
  • Where you reside plays a part – Being located in less populated areas can save you money when insuring your vehicles. Drivers in populated areas have traffic congestion and much longer commute distances. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Your spouse saves you money – Having a spouse can actually save you money on your insurance coverage policy. Having a spouse is viewed as being more mature and responsible and it’s statistically proven that married drivers get in fewer accidents.
  • Cautious drivers pay less – Drivers who don’t get tickets get better rates compared to drivers with tickets. Just one moving violation can bump up the cost twenty percent or more. Drivers who get flagrant violations such as DUI or reckless driving may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
  • Males pay more for insurance – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that women are BETTER drivers than men. Both sexes tend to get into accidents at a similar rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get more serious tickets such as reckless driving.
  • Rates may be higher depending on your occupation – Did you know your job can affect your rates? Occupations like judges, architects and stock brokers tend to pay the highest rates because of high stress levels and lengthy work days. On the other hand, occupations such as farmers, students and performers have the lowest average rates for BRZ coverage.
  • Claim-free discounts can add up – If you file claims often, you can expect either a policy non-renewal or much higher rates. Car insurance companies generally give lower rates to policyholders who file claims infrequently. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.

What coverages do I need?

When it comes to choosing proper insurance coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether or not you may require specific advice.

  • Is my dog or cat covered if injured in an accident?
  • Do I pay less for low miles?
  • How can I find cheaper teen driver insurance?
  • Will my insurance pay for OEM parts?
  • Am I covered when driving a rental car?
  • Do I really need UM/UIM coverage?
  • Does medical payments coverage apply to all occupants?
  • Can I get a multi-policy discount for packaging my home and auto coverage?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area. It is quick, free and you can get the answers you need.

Save $405 a year. For real?

Drivers constantly see and hear ads for cheaper car insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all say the same thing of big savings if you move your coverage to them.

How does each company say the same thing? This is how they do it.

Insurance companies are able to cherry pick for the type of driver that is profitable for them. A good example of a desirable insured might be profiled as between the ages of 30 and 50, a clean driving record, and has a short commute. Any new insured who fits that profile is entitled to the best price and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t qualify for these standards will be charged more money and ends up with business going elsewhere. The ads say “people who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can confidently claim big savings. That is why drivers must get a wide range of price quotes. It’s just too difficult to predict which insurance coverage company will fit your personal profile best.

Insurance policy coverages for a 2014 Subaru BRZ

Learning about specific coverages of insurance can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the usual coverages available from insurance companies.

Liability car insurance

This can cover injuries or damage you cause to other people or property. This coverage protects you from legal claims by others. It does not 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. Your policy might show liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, repair costs for stationary objects, structural damage, attorney fees and funeral expenses. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Collision insurance

This will pay to fix damage to your BRZ from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as crashing into a ditch, driving through your garage door, hitting a mailbox, rolling your car and scraping a guard rail. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as rock chips in glass, vandalism and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for bills like funeral costs, pain medications and EMT expenses. They are utilized in addition to your health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Make an honest buck

Cheap 2014 Subaru BRZ insurance is attainable online and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

We covered quite a bit of information on how to shop for insurance online. The key thing to remember is the more rate quotes you have, the better likelihood of reducing your rate. Drivers may discover the best price on insurance is with the least-expected company. These companies can often provide lower rates in certain areas as compared to the big name companies such as State Farm or Progressive.

Additional information