How Much Does 1995 Subaru SVX Car Insurance Cost?

Finding better insurance prices for a new or used Subaru SVX can normally be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to buy insurance and we’ll show you the absolute fastest way to get price quotes for a new or used Subaru and locate the lowest price from both online companies and local agents.

It is always a good idea to take a look at other company’s rates as often as possible because insurance prices are variable and change quite frequently. If you had the best rates on SVX insurance a couple years back the chances are good that you can find a lower rate quote today. Ignore everything you know about insurance because I’m going to teach you the fastest way to save money, get proper coverage and the best rates.

Compare insurance coverage rate quotes

Finding a better price on insurance coverage is an easy way to save money. Consumers just need to take time comparing rates to see which company has cheap auto insurance quotes. Shoppers can get rates using one of these methods.

  1. The simplest way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This easy form keeps you from doing boring form submissions for each price estimate. In just a few minutes this one form gets prices estimates from several companies. This is by far the quickest method.
  2. A harder way to compare prices is spending the time to visit the website of each company and fill out their own quote form. For example, we’ll assume you want to compare rates from State Farm, Geico and American Family. To find out each rate you need to navigate to each company’s site and repeatedly enter your information, which can get rather old.

    For a list of links to insurance companies in your area, click here.

  3. The old school way to get price estimates is making phone calls or going to and from local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you have a complicated situation and need the advice and guidance that can only be provided by a licensed insurance agent. It is possible with some companies compare online quotes but buy the policy through an agent.

The approach you take is up to you, just do your best to enter exactly the same coverage data for every quote you compare. If you compare higher or lower deductibles then you won’t be able to determine the lowest rate for your Subaru SVX.

You may qualify for discounts

Some providers don’t necessarily list the entire discount list very clearly, so here is a list a few of the more common and also the lesser-known auto insurance savings.

  • Claim Free – Drivers who don’t have accidents can save substantially compared to frequent claim filers.
  • Military Discounts – Being deployed with a military unit could trigger a small discount.
  • Discount for Home Ownership – Owning a home can earn you a little savings since home ownership requires a higher level of personal finance.
  • Resident Student – Kids who are enrolled in a college that is more than 100 miles from home and do not take a car to college can receive lower rates.
  • Multi-Vehicle Discounts – Purchasing coverage when you have multiple cars or trucks on a single policy may reduce the rate for each vehicle.

Please keep in mind that most discounts do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as comp or med pay. Despite the appearance that you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts should help lower the cost of coverage.

Popular auto insurance companies and a partial list of their discounts can be found below.

  • American Family may offer discounts for good driver, multi-vehicle, good student, mySafetyValet, early bird, and bundled insurance.
  • Nationwide has savings for family plan, Farm Bureau membership, anti-theft, easy pay, business or organization, good student, and defensive driving.
  • MetLife may have discounts that include defensive driver, good student, claim-free, multi-policy, good driver, accident-free
  • 21st Century has discounts for automatic seat belts, theft prevention, 55 and older, good student, air bags, defensive driver, and anti-lock brakes.
  • Farmers Insurance includes discounts for business and professional, early shopping, homeowner, good student, pay in full, and electronic funds transfer.
  • Allstate discounts include early signing, eSmart discount, anti-lock brakes, premier plus, senior citizen, and new car.

If you want the cheapest auto insurance quotes, ask each company what discounts are available to you. All car insurance discounts might not be offered on policies in your area.

There’s no such thing as the perfect insurance policy

When it comes to choosing the right insurance coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different.

These are some specific questions may help you determine if you could use an agent’s help.

  • Can I afford low physical damage deductibles?
  • Which is better, split liability limits or combined limits?
  • Am I covered if I hit a deer?
  • What can I do if my company denied a claim?
  • Am I missing any policy discounts?
  • Do I need rental car coverage?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form. It’s fast, free and can provide invaluable advice.

The Subaru SVX insurance rate equation

Many different elements are considered when you get a price on insurance. Some of the criteria are obvious such as your driving history, but some are less obvious such as your marital status or your vehicle rating.An important part of buying insurance is that you know some of the things that aid in calculating the price you pay for insurance. When you know what positively or negatively influences your rates, this empowers consumers to make smart changes that will entitle you to lower insurance prices.

  • Your address can push rates up or down – Choosing to live in areas with lower population can be a good thing when trying to find low car insurance rates. Fewer drivers on the road corresponds to lower accident rates and a lower car theft rate. Drivers who live in large cities tend to have congested traffic and longer commutes to work. More time behind the wheel can result in more accidents.
  • Is your vehicle theft-ready? – Purchasing a vehicle with advanced anti-theft systems can help lower your premiums. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent auto theft and help lower rates.
  • Job stress can affect premiums – Do you have a high-stress occupation? Occupations such as lawyers, executives and miners generally pay higher premiums than the average policyholder in part from job stress and extremely grueling work hours. Conversely, jobs like actors, athletes and performers pay the least on SVX insurance.
  • Women tend to cost less – Over the last 50 years, statistics have shown females are less aggressive when driving. However, this does not mean women are better drivers. Women and men cause auto accidents at a similar rate, but the male of the species tend to have more serious accidents. Men also tend to get higher numbers of serious violations like DUI and reckless driving.
  • Teen vs. experienced drivers – Older people are viewed as being more responsible, tend to cause fewer accidents and tend to be get fewer driving tickets.Youthful drivers are statistically proven to be more careless when at the wheel of a vehicle therefore insurance rates are much higher.
  • Driving citations can increase costs – Attentive drivers tend to pay less for car insurance compared to drivers with tickets. Even one chargable violation may cause rates to rise twenty percent or more. Drivers who have license-revoking violations such as reckless driving or DUI may find that they have to to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to legally drive.
  • Car plus home equals more savings – Most major insurers afford lower prices for people that purchase more than one policy in the form of a multi-policy discount. Discounts can be ten percent or more. Even if you qualify for this discount already, it’s always a smart idea to compare other company rates to verify if the discount is saving money.There is a chance you can find lower rates even if you insure with multiple companies
  • Single vs. married – Having a wife or husband actually saves money when shopping for insurance. Having a spouse means you’re more financially stable and it’s statistically proven that married couples file fewer claims.

Insurance coverages explained

Understanding the coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as ambulance fees, hospital visits, doctor visits, surgery and prosthetic devices. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive auto coverage

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, damage from a tornado or hurricane, hitting a bird and theft. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage will pay to fix damage to your SVX caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like crashing into a ditch, colliding with a tree, crashing into a building, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also bump up the deductible to save money on collision insurance.

Liability coverage

This protects you from injuries or damage you cause to other people or property. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims such as pain and suffering, medical expenses and medical services. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Subaru SVX.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

At the end of the day…

Cost effective 1995 Subaru SVX insurance can be sourced both online and from local insurance agents, and you should compare price quotes from both to have the best selection. Some companies do not offer rates over the internet and most of the time these smaller companies only sell through independent agents.

When trying to cut insurance costs, make sure you don’t buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped uninsured motorist or liability limits and learned later that their decision to reduce coverage ended up costing them more. Your goal should be to buy a smart amount of coverage at a price you can afford, but do not sacrifice coverage to save money.

Drivers change insurance companies for many reasons like denial of a claim, policy cancellation, policy non-renewal or even poor customer service. Regardless of your reason, finding a new auto insurance company can be easy and end up saving you some money.

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