How Much Does 2014 Subaru Impreza Car Insurance Cost?

Looking for better insurance rates for your Subaru Impreza? Buying the most affordable insurance online can seem to be somewhat difficult for people who are new to comparing rates online. When there are so many online companies available, how can consumers effectively compare every one to find the cheapest available price?

Smart consumers take time to compare rates every six months since rates go up and down regularly. Despite the fact that you may have had the best price for Impreza coverage a couple years back the chances are good that you can find a lower rate today. So forget anything you know (or think you know) about insurance because I’m going to teach you the best methods to find better rates and still maintain coverage.

Your Subaru Impreza insurance rate is a complex equation

An important part of buying insurance is that you know the different types of things that go into determining insurance coverage rates. Knowing what controls the rates you pay empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

Listed below are some of the factors used by your company to calculate rates.

  • Frequent insurance coverage claims increase rates – If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance companies provide better rates to insureds who are claim-free. Auto insurance is intended for the large, substantial claims.
  • Occupation reflects on rates – Did you know your job can affect your rates? Careers like real estate brokers, architects and stock brokers tend to pay the highest rates due to high stress levels and lengthy work days. On the other hand, jobs such as farmers, students and performers have the lowest average rates for Impreza coverage.
  • Proper usage rating affects rates – The more you drive every year the more you’ll pay to insure your vehicle. Most insurance companies apply a rate based upon how you use the vehicle. Cars and trucks used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Double check that your insurance coverage policy shows the correct driver usage, because improper ratings can cost you money. Incorrect usage on your Impreza may be costing you.
  • Your location is important – Being located in a rural area is a positive aspect when buying insurance coverage. Less people living in that area means reduced accidents and a lower car theft rate. Drivers who live in large cities tend to have more traffic problems and longer commute times. Longer commute distances translates into higher accident risk.

These discounts can slash insurance rates

Insuring your fleet can be pricey, but you may find discounts to help offset the cost. Most are applied at the time you complete a quote, but some may not be applied and must be requested specifically prior to receiving the credit.

  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less for Impreza coverage than less cautious drivers.
  • Senior Discount – Older drivers can possibly qualify for a small decrease in premiums for Impreza coverage.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Resident Student – Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Memberships – Being a member of certain professional organizations may earn a discount on your policy for Impreza coverage.
  • No Accidents – Claim-free drivers can earn big discounts compared to frequent claim filers.

As a disclaimer on discounts, some credits don’t apply to the entire cost. A few only apply to the cost of specific coverages such as comprehensive or collision. So even though it sounds like having all the discounts means you get insurance for free, you’re out of luck. But any discount will bring down the amount you have to pay.

Companies who might offer these discounts include:

Check with each insurance company which discounts they offer. All car insurance discounts might not be offered in your state.

Do auto insurance companies bend the truth?

Auto insurance companies such as Progressive, Allstate and GEICO regularly use ads in print and on television. They all seem to say the same thing about savings if you move your coverage to them. How can each company make almost identical claims?

Different companies have a preferred profile for the right customer that is profitable for them. A good example of a desirable insured might be between 30 and 50, is a homeowner, and has great credit. A propective insured who matches those parameters receives the best rates and as a result will probably save a lot of money.

Potential customers who fall outside these standards will have to pay higher rates and ends up with business not being written. The ads say “drivers who switch” not “everyone that quotes” save that much money. This is how companies can advertise the savings.

Because of the profiling, it is so important to compare as many rates as you can. It is impossible to predict which auto insurance company will provide you with the cheapest Subaru Impreza insurance rates.

When might I need the advice of an agent?

When it comes to buying adequate coverage, there isn’t really a perfect coverage plan. Each situation is unique.

For instance, these questions could help you determine whether you might need an agent’s assistance.

  • Am I covered if I break a side mirror?
  • Am I covered when driving someone else’s vehicle?
  • Do I need PIP (personal injury protection) coverage in my state?
  • At what point should I drop full coverage?
  • When would I need additional glass coverage?
  • Which is better, split liability limits or combined limits?
  • How much liability coverage do I need in my state?
  • If my 2014 Subaru Impreza is totaled, can I afford another vehicle?
  • Should I waive the damage coverage when renting a car?
  • Are my friends covered when driving my 2014 Subaru Impreza?

If you’re not sure about those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Insurance coverages 101

Understanding the coverages of your policy helps when choosing the right coverages and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Liability

Liability insurance will cover damage or injury you incur to other people or property. This coverage protects you against claims from other people. 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 limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like medical services, structural damage and funeral expenses. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Subaru Impreza.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these limits do not exceed the liability coverage limits.

Auto collision coverage

This coverage pays for damage to your Impreza resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like driving through your garage door, damaging your car on a curb, crashing into a building and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like EMT expenses, X-ray expenses and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, a tree branch falling on your vehicle and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Be a Smart Shopper

Drivers who switch companies do it for a number of reasons such as delays in paying claims, extreme rates for teen drivers, lack of trust in their agent or even policy cancellation. Whatever your reason, finding a new company is not as hard as you think.

We just showed you a lot of techniques to get a better price on 2014 Subaru Impreza insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the best price on car insurance is with an unexpected company.

Affordable insurance is attainable online and with local insurance agents, and you need to comparison shop both to have the best rate selection. A few companies do not offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

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