View 1993 Subaru Legacy Car Insurance Rates

Searching for lower auto insurance rates for your Subaru Legacy? Do you think you bought an underperforming, overpriced auto insurance policy? Believe me when I say you’re not the only one. Due to the abundance of options when it comes to auto insurance, it can be hard to locate the cheapest insurer.

Do you qualify for discounts?

Insurance is easily one of your largest bills, but you can get discounts that many consumers don’t even know exist. Some discounts apply automatically at the time of purchase, but some must be manually applied before you will receive the discount.

  • Theft Prevention System – Cars and trucks equipped with tracking devices and advanced anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Claim-Free Discount – Insureds who avoid accidents and claims can save substantially as opposed to drivers with a long claim history.
  • Low Mileage Discounts – Low annual miles can qualify you for lower prices on the low mileage vehicles.
  • Multiple Vehicles – Insuring several vehicles with one company qualifies for this discount.
  • Waiver for an Accident – This one is not really a discount per se, but some insurance companies may permit one accident before hitting you with a surcharge if you have no claims for a certain period of time.
  • Life Insurance – Not all companies offer life insurance, but some may give you a lower price if you buy a life insurance policy as well.

One thing to note about discounts is that some of the credits will not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, companies don’t profit that way.

Some of the larger companies who may offer some of the above discounts include:

When getting a coverage quote, ask each company how you can save money. Depending on the company, some discounts might not be available to policyholders in your state. To view insurance companies with significant discounts, follow this link.

You can change your insurance rates

Multiple criteria are part of the calculation when premium rates are determined. A few of the factors are predictable like a motor vehicle report, although some other factors are not as apparent such as whether you are married or how financially stable you are.It’s important that you understand the rating factors that help determine the rates you pay for insurance. If you have a feel for what determines base rates, this empowers consumers to make smart changes that will entitle you to big savings.

  • Only buy what you need – There are a lot of add-on coverages that can add up on your insurance policy. Coverage for things like rental car coverage, accident forgiveness, and Farm Bureau memberships may not be needed and are just wasting money. These coverages may sound good when discussing your needs, but if you have no use for them think about removing them and cutting costs.
  • Annual mileage impacts premiums – Driving a lot of miles each year the more you will pay for insurance. Almost all companies charge rates based on their usage. Autos that have low annual miles get more affordable rates as compared to vehicles used primarily for driving to work. Ask your agent if your insurance coverage states the proper vehicle usage. An incorrectly rated Legacy is throwing money out the window.
  • Maintain insurance coverage – Having an insurance coverage lapse can be a guaranteed way to bump up your insurance costs. And not only will insurance be more expensive, not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license. You may need to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Discounts for auto and home policies – Many insurance companies allow a discount to buyers who buy several policies from them. It’s known as a multi-policy discount. The discount can be five, ten or even twenty percent. Even with this discount applied, you still need to compare other company rates to help guarantee you have the best rates. Drivers may still save even more than the discount by buying insurance from a different company.
  • Urban residents pay more – Choosing to live in a rural area can be a good thing when shopping for auto insurance. Fewer drivers means a lower chance of having an accident in addition to lower liability claims Drivers in populated areas tend to have much more traffic and longer commute times. Spending more time driving can result in more accidents.
  • Youthful drivers cost more – More mature drivers are viewed as being more responsible, file fewer claims and tend to be get fewer driving tickets.Teenage drivers are statistically shown to get distracted easily when driving so insurance rates are higher.
  • Tickets mean higher rates – Your driving record has a lot to do with how much you pay for insurance. Drivers with clean records pay less for auto insurance than bad drivers. Even a single moving violation could increase your next policy renewal twenty percent or more. Drivers with severe violations such as DUI or willful reckless driving may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive.

Don’t assume everyone needs the same insurance coverage coverage

When buying coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that might point out if your insurance needs would benefit from an agent’s advice.

  • How can I get my company to pay me more for my totalled car?
  • Does my 1993 Subaru Legacy need full coverage?
  • Why do I only qualify for high-risk insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I have coverage for damage caused while driving under the influence?
  • When do I need to add a new car to my policy?
  • Why is insurance for a teen driver so high?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Can switching companies really save?

Drivers can’t ignore all the ads that claim the best auto insurance rates by companies like State Farm, Allstate and GEICO. They all seem to make an identical promise about savings just by switching your car insurance coverage to their company.

How is it plausible that every one can charge lower premium rates? You have to listen carefully.

All the different companies require specific criteria for a prospective insured that makes them money. An example of this type of driver could possibly be over the age of 50, has a clean driving record, and has great credit. Someone who fits those characteristics will get the preferred prices and as a result will probably save some money.

Drivers who do not fit the “perfect” profile will get higher prices and ends up with the customer buying from someone else. If you listen closely, the ads state “drivers that switch” not “all people who quote” can save as much as they claim. That’s why insurance companies can make those statements. This really illustrates why it is so important to compare many company’s auto insurance rates. Because without a comparison, you cannot know which company will have better rates than you’re paying now.

Insurance coverage basics

Understanding the coverages of your policy can help you determine the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and nobody wants to actually read their policy. These are the usual coverages available from insurance companies.

Liability – Liability coverage will cover damages or injuries you inflict on people or other property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see 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 property damage coverage for $100,000.

Liability coverage protects against things like repair bills for other people’s vehicles, legal defense fees and medical services. 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.

Uninsured and underinsured coverage – This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your 1993 Subaru Legacy.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Collision coverages – This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as scraping a guard rail, crashing into a building, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses like ambulance fees, prosthetic devices, X-ray expenses and dental work. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as a broken windshield, falling objects, theft, fire damage and hitting a deer. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

A little work can save a LOT of money

Throughout this article, we presented a lot of ways to get a better price on 1993 Subaru Legacy insurance. The key thing to remember is the more companies you get prices for, the better your chances of lowering your prices. You may even find the best price on insurance coverage is with a smaller regional carrier. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or GEICO.

Budget-conscious 1993 Subaru Legacy insurance can be bought both online as well as from independent agents, so you need to shop insurance coverage with both to have the best selection. Some insurance providers may not provide internet price quotes and many times these regional carriers work with local independent agencies.

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. Too many times, drivers have reduced collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to purchase plenty of coverage at the lowest possible cost and still be able to protect your assets.

Additional information can be found on the following sites: