1997 Subaru Impreza Insurance Rates – 9 Savings Tips

Want lower car insurance rates for your Subaru Impreza? Frustrated by the sheer number of car insurance choices that you can choose from? Vehicle owners have so many choices that it can be hard work to find the perfect company for you.

The purpose of this post is to instruct you on the most effective way to quote insurance and some tips to save money. If you currently have car insurance, you will most likely be able to reduce your rates substantially using these tips. Although consumers must comprehend the way insurance companies compete online.

Buy auto insurance online

There are multiple methods to compare auto insurance quotes, and some are less labor-intensive and much quicker. You could spend the better part of a day talking about coverages with insurance agencies in your area, or you can stay home and use the web to maximize your effort.

Most major companies are enrolled in a marketplace where insurance shoppers send in one quote, and each participating company can provide price quotes determined by their information. This saves time by eliminating quote requests to each company.

To find out how much you can save on auto insurance click here to start a free quote.

One minor caviat to comparing rates this way is you are unable to specify which insurance companies to get pricing from. If you wish to select individual companies to request quotes from, we put together a list of the cheapest auto insurance companies in your area. Click to view list.

Whichever method you choose, make sure you are using equivalent coverage limits for every quote you compare. If the quotes have higher or lower deductibles then you won’t be able to make an equal comparison. Just a small difference in insurance coverages can result in a big premium difference. And when price shopping your coverage, quoting more will improve the odds of getting more affordable insurance. Some regional insurers cannot provide price estimates online, so it’s important to also get price estimates from them, too.

The insurance bait and switch

Insurance providers like State Farm and Allstate endlessly run ads on TV and radio. They all make an identical promise of big savings if you move to their company. That’s great but how can every company save you money? It’s all in how they say it.

Insurance companies are able to cherry pick for the type of driver that earns them the most money. A good example of this type of risk profile might be a married female, owns their home, and chooses high deductibles. Anyone who matches that profile is entitled to the best price and is almost guaranteed to cut their rates substantially.

Potential insureds who do not meet those criteria will be quoted higher prices and this can result in the prospect going elsewhere. The trick companies use is to say “people who switch” but not “all drivers who get quotes” save money. That is how insurance companies can state the savings.

Because every company is different, it is so important to get price quotes at each policy renewal. It’s not possible to predict which insurance companies will fit your personal profile best.

Cheaper rates by earning these nine discounts

Car insurance companies don’t always publicize all their discounts in a way that’s easy to find, so the below list has a few of the more well known as well as some of the hidden discounts that you may qualify for.

  • Discount for Multiple Policies – If you have multiple policies and insure them with the same company you could earn a discount of nearly 15% which can help you find cheap car insurance.
  • Student Discount for Driver Training – Cut your cost by having your teen driver take driver’s ed class in high school.
  • Buy New and Save – Putting insurance coverage on a new car is cheaper due to better safety requirements for new model year vehicles.
  • ABS and Traction Control Discounts – Vehicles with ABS and/or traction control prevent accidents so companies give up to a 10% discount.
  • Homeowners Savings – Simply owning a home can help you save on insurance since home ownership is proof that your finances are in order.
  • E-sign – Certain larger companies will discount your bill up to fifty bucks get car insurance on their website.
  • Telematics Data Discounts – Drivers who elect to allow companies to study driving patterns by using a telematics device in their vehicle such as State Farm’s In-Drive may get a rate reduction as long as the data is positive.
  • Discounts for Multiple Vehicles – Buying insurance for several vehicles on a single policy can reduce rates for all insured vehicles.
  • Accident Forgiveness – This isn’t a discount exactly, but companies like Liberty Mutual, Allstate and State Farm will forgive one accident before hitting you with a surcharge if you have no claims prior to being involved in the accident.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to your bottom line cost. Some only reduce specific coverage prices like collision or personal injury protection. So even though they make it sound like you can get free auto insurance, insurance companies aren’t that generous.

Larger insurance companies and their offered discounts include:

  • State Farm offers discounts including good student, anti-theft, safe vehicle, Drive Safe & Save, accident-free, and good driver.
  • American Family offers premium reductions for mySafetyValet, good student, bundled insurance, multi-vehicle, good driver, Steer into Savings, and early bird.
  • Geico discounts include federal employee, good student, anti-theft, air bags, and multi-vehicle.
  • 21st Century policyholders can earn discounts including automatic seat belts, early bird, air bags, theft prevention, and teen driver.
  • Progressive includes discounts for online signing, multi-vehicle, continuous coverage, good student, homeowner, and online quote discount.

Before purchasing a policy, check with each company which credits you are entitled to. Discounts might not apply in your area.

Your insurance coverage coverage should be tailored to you

When choosing adequate coverage for your personal vehicles, there really is not a one size fits all plan. Everyone’s needs are different.

For example, these questions may help you determine whether or not you would benefit from professional advice.

  • Who is covered by my policy?
  • Is there coverage for injuries to my pets?
  • Does my insurance cover my expensive audio equipment?
  • Is business property covered if stolen from my car?
  • Do I pay less for low miles?
  • Is pleasure use cheaper than using my 1997 Subaru Impreza to commute?
  • Do I have coverage if my license is suspended?

If you can’t answer these questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form.

Specific coverage details

Having a good grasp of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as funeral costs, surgery and dental work. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision insurance pays for damage to your Impreza from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like colliding with another moving vehicle, hitting a mailbox, crashing into a building and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.

Comprehensive coverage

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a bird, damage from a tornado or hurricane and damage from getting keyed. The maximum amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability insurance

Liability coverage provides protection from damage that occurs to a person or their property. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like repair bills for other people’s vehicles, attorney fees, pain and suffering, funeral expenses and emergency aid. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Subaru Impreza.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits are set the same as your liablity limits.

Money doesn’t grow on trees

More affordable insurance coverage can be found both online and from local agencies, and you need to price shop both so you have a total pricing picture. Some insurance providers don’t offer rates over the internet and these small, regional companies work with independent insurance agencies.

When you buy car insurance online, never reduce needed coverages to save money. In many instances, an insured dropped physical damage coverage only to regret that the small savings ended up costing them much more. The ultimate goal is to buy the best coverage you can find at a price you can afford, but do not skimp to save money.

Drivers leave their current company for any number of reasons including high prices, questionable increases in premium, unfair underwriting practices and even delays in paying claims. It doesn’t matter why you want to switch switching companies is less work than it seems.

Even more information is located at these sites: