Cheap 2003 Subaru Impreza Car Insurance Rates

Looking for the cheapest insurance rates for your Subaru Impreza? Comparison shopping for more affordable Driversinsurance is always quite difficult for drivers new to online price comparisons. With such a large number of agents and insurance companies available, it can easily turn into a ton of work to find the lowest price.

How insurance providers calculate Subaru Impreza insurance rates

An important part of buying insurance is that you know the rating factors that aid in calculating your policy premiums. When you understand what determines premiums, this enables you to make decisions that may result in cheaper rates. Many different elements are part of the equation when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, although others are not quite as obvious such as whether you are married or how financially stable you are.

  • Safer cars lower prices – Vehicles that have high safety ratings are cheaper to insure. Safe vehicles protect occupants better and lower rates of occupant injuries translates directly to fewer claims and more competitive rates for policyholders.
  • Lower mileage equals lower premium – The more you drive your Subaru in a year the higher the price you pay to insure it. Many insurance companies price each vehicle’s coverage based upon how much you drive. Autos used primarily for pleasure use qualify for better rates than those that get driven frequently. Ask your agent if your vehicle rating properly reflects annual mileage, because it can save money. Incorrect rating for your Impreza may be costing you higher rates.
  • Prevent theft and save money – Owning a car with advanced anti-theft systems can help lower your premiums. Theft deterrent systems like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent your car from being stolen.
  • Stay claim-free and reduce prices – Car insurance companies provide better rates to insureds that do not abuse their auto insurance. If you file claims often, you can expect either a policy non-renewal or much higher rates. Insurance coverage is meant to be used in the event of claims that pose a financial burden.

Affordable car insurance quotes with discounts

Some providers do not list the entire discount list in an easy-to-find place, so the list below contains some of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy insurance coverage online.

  • Distant College Student Discount – living away from home attending college and won’t have access to an insured vehicle may qualify for this discount.
  • Paperless Signup – Some larger companies will give a small break for signing up on the internet.
  • No Charge for an Accident – but some companies like Progressive and Allstate will let one accident slide before hitting you with a surcharge with the catch being you have to be claim-free for a certain period of time.
  • Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control can stop better under adverse conditions so you can save 10 percent or more.
  • Active Service Discounts – Having an actively deployed family member could trigger a small discount.
  • Use Seat Belts – Drivers who require all vehicle occupants to use their safety belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
  • Defensive Driving Course – Participating in a course that instructs on driving safety can save you 5% or more if you qualify.
  • Memberships – Being a member of specific professional or occupational memberships or organizations may earn a discount when getting a insurance coverage quote.
  • Discounts for Multiple Vehicles – Buying a policy with multiple vehicles on the same car insurance policy could earn a price break for each car.
  • Anti-theft Discount – Vehicles equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.

We need to note that most credits do not apply to the entire cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

The best car insurance companies and some of the discounts can be found below.

  • GEICO may include discounts for emergency military deployment, multi-vehicle, seat belt use, daytime running lights, and good student.
  • MetLife may have discounts that include good driver, multi-policy, good student, claim-free, defensive driver, and accident-free.
  • Progressive has savings for good student, multi-policy, homeowner, online quote discount, multi-vehicle, online signing, and continuous coverage.
  • Travelers includes discounts for early quote, driver training, hybrid/electric vehicle, good student, new car, and IntelliDrive.
  • SAFECO offers discounts including homeowner, anti-theft, bundle discounts, anti-lock brakes, multi-car, and drive less.
  • AAA offers premium reductions for good driver, multi-car, education and occupation, pay-in-full, multi-policy, AAA membership discount, and anti-theft.

Before buying, ask each company or agent which discounts you qualify for. Savings may not be available in every state.

But the ad said I’d save 15% in 15 minutes!

Companies like Progressive, GEICO, Allstate and State Farm seem to constantly run ads in print and on television. They all make an identical promise about saving some big amount after switching your coverage. But how can every company charge you a lower premium? It’s all in how they say it.

Many companies have specific guidelines for the type of customer that will add to their bottom line. An example of a profitable risk profile might be over the age of 40, has never had a claim, and drives a safe vehicle. A driver who fits that profile will qualify for the lowest premium rates and therefore will cut their rates substantially.

Drivers who fall short of this stringent profile will probably have to pay higher prices which usually ends up with business not being written. If you listen closely, the ads state “customers that switch” but not “all drivers who get quotes” will save that much if they switch. That is how companies can make those statements.

Because every company is different, you need to compare free insurance coverage quotes often. It is impossible to guess the company that will give you lower premium rates than your current company.

Tailor your insurance coverage to you

When buying the best insurance coverage, there really is not a “perfect” insurance plan. Each situation is unique.

For instance, these questions might point out if your situation might need an agent’s assistance.

  • Does my personal policy cover me when driving out-of-state?
  • Do all my vehicles need collision coverage?
  • Is business property covered if stolen from my car?
  • Does my insurance cover a custom paint job?
  • Am I insured when driving a different vehicle?
  • Should I buy additional glass protection?
  • Why am I required to buy liability insurance?
  • Is business equipment covered while in my vehicle?
  • Does my 2003 Subaru Impreza qualify for pleasure use?
  • Is my teen driver covered when they drive my company car?

If you can’t answer these questions, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form.

Coverage specifics

Having a good grasp of your policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2003 Subaru Impreza.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Normally the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like X-ray expenses, chiropractic care and hospital visits. 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 and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This coverage covers damage to your Impreza 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 protects against claims like colliding with a tree, rolling your car and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Liability coverage

Liability coverage can cover damage that occurs to people or other property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as structural damage, pain and suffering, court costs, loss of income and emergency aid. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Comprehensive coverages

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as vandalism, damage from getting keyed and a broken windshield. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Have the Midas touch

As you quote insurance coverage, don’t be tempted to buy poor coverage just to save money. There have been many situations where an insured cut liability coverage limits only to regret that it was a big mistake. Your goal is to buy the best coverage you can find at the best possible price but still have enough coverage for asset protection.

People leave their current company for a number of reasons such as an unsatisfactory settlement offer, extreme rates for teen drivers, unfair underwriting practices or even policy cancellation. Regardless of your reason, choosing a new insurance company is not as hard as you think.

We just showed you some good ideas how to compare 2003 Subaru Impreza insurance car insurance rates online. The key concept to understand is the more times you quote, the higher the chance of saving money. Consumers could even find that the lowest car insurance rates come from a lesser-known regional company.

To learn more, feel free to visit these articles: