2014 Subaru Legacy Insurance Rates – 5 Policy Discounts

Want cheaper insurance coverage rates for your Subaru Legacy? I can’t think of a single person who cherishes buying insurance coverage, especially knowing their premiums are through the roof.

Big-name insurance companies like Allstate and Progressive continually bombard you with ads and consumers find it hard to ignore the propoganda and do the work needed to find the best deal.

Discounts to lower 2014 Subaru Legacy insurance rates

Insurance can cost an arm and a leg, but companies offer discounts that you may not even be aware of. Larger premium reductions will be automatically applied at the time of purchase, but a few need to be asked about prior to getting the savings.

  • Multi-policy Discount – If you insure your home and vehicles with one company you will save at least 10% off all policies.
  • One Accident Forgiven – A few companies allow you one accident before your rates go up as long as you don’t have any claims for a set time period.
  • College Student – Youth drivers who attend school more than 100 miles from home and do not have a car may be able to be covered for less.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies prior to your current policy expiration. It can save you around 10%.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.

Drivers should understand that most discount credits are not given to the entire policy premium. Most only apply to specific coverage prices like liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount will bring down your overall premium however.

For a list of companies offering insurance coverage discounts, click here.

Finding Car Insurance

Comparing car insurance rates can be challenging if you don’t understand the best way to get rate quotes. You can spend your afternoon driving to local insurance agents in your area, or you can utilize the internet for quick rates.

Most major companies are enrolled in a marketplace where insurance shoppers submit their information once, and at least one company provides a quote determined by their information. This prevents consumers from doing quote requests for each company you want a rate for.

To participate in this free quote system, click here to start a free quote.

The one downside to getting quotes like this is you cannot specify the insurers you want pricing from. So if you want to choose individual companies to compare prices, we have a page of car insurance companies in your area. Click to view list.

However you get your quotes, make darn sure you compare exactly the same coverages and limits on every quote. If your comparisons have unequal deductibles or liability limits it’s impossible to determine the best price for your Subaru Legacy. Just a small difference in insurance coverages can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies helps you find the best price.

Tailor your coverage to you

When it comes to buying adequate coverage, there isn’t really a “best” method to buy coverage. Every situation is different so this has to be addressed. For instance, these questions might point out whether or not you may require specific advice.

  • Are rental cars covered under my policy?
  • Are split liability limits better than a combined single limit?
  • Is my teenager covered with friends in the car?
  • Do I need motorclub coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Exactly who is provided coverage by my policy?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Am I covered when driving someone else’s vehicle?
  • Do I need rental car coverage?

If it’s difficult to answer those questions, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area.

Car insurance coverages for a 2014 Subaru Legacy

Knowing the specifics of car insurance can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average car insurance policy.

Medical payments coverage and PIP – Med pay and PIP coverage pay for short-term medical expenses for dental work, funeral costs and hospital visits. They can be used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

Liability auto insurance – This provides protection from injuries or damage you cause to a person or their property in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as attorney fees, emergency aid, pain and suffering and repair costs for stationary objects. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Comprehensive coverage – This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hitting a bird, damage from getting keyed, hitting a deer, vandalism and hail damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these coverages are identical to your policy’s liability coverage.

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a parking meter, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

Be a penny pincher

In this article, we presented a lot of information how to compare 2014 Subaru Legacy insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the best price on insurance coverage is with the smaller companies. Regional companies may often insure only within specific states and give getter rates than their larger competitors like State Farm, GEICO and Nationwide.

As you go through the steps to switch your coverage, never sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed full coverage only to find out that they should have had better coverage. Your focus should be to buy the best coverage you can find at an affordable rate while still protecting your assets.

More information is available at the links below