Save on 2001 Subaru Legacy Insurance Quotes

Trying to find cheaper insurance for a Subaru Legacy can turn out to be a painful process, but you can learn a few tricks to find lower rates.

There are both good and bad ways to shop for insurance and you need to know the quickest way to quote coverages for a new or used Subaru and obtain the best price possible either online or from local insurance agents.

It’s important to quote other rates periodically due to the fact that insurance rates change frequently. Despite the fact that you may have had the lowest premium rates for Legacy insurance two years ago there is a good chance you can find better prices now. Don’t believe everything you read about insurance on the web, but in a few minutes you can learn some good information on how to put money back in your pocket.

Why your insurance prices might be higher

A large part of saving on auto insurance is knowing a few of the rating criteria that are used to determine the level of your policy premiums. If you have a feel for what influences your rates, this enables you to make decisions that can help you get cheaper rates. Multiple criteria are considered when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, although some other factors are not quite as obvious like where you live or your financial responsibility.

  • Raising physical damage deductibles lowers prices – Deductibles for physical damage represent how much money you are willing to pay if a claim is determined to be covered. Physical damage protection, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some coverage claims would be rearending another vehicle, collision with a deer, and having a roll-over accident. The more damage repair cost you’re willing to pay, the lower your rates will be for Legacy insurance.
  • Cars with good safety ratings means cheaper rates – Cars with five star safety ratings tend to have better insurance rates. These vehicles reduce the chance of injuries and lower injury rates translates directly to fewer claims which can mean better rates for you.
  • Coverage lapses lead to higher prices – Allowing your auto insurance policy to lapse can be a fast way to bump up your auto insurance costs. Not only will you pay higher rates, getting caught without coverage could earn you a revoked license or a big fine. You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Improve your credit rating and save – A driver’s credit rating can be an important factor in calculating your auto insurance rates. People that have high credit scores tend to be better drivers and file fewer claims than those with poor credit scores. So if your credit rating could use some work, you could potentially save money when insuring your 2001 Subaru Legacy by spending a little time repairing your credit.
  • Drive less and pay lower prices – The more you drive your Subaru annually the higher your rate. A lot of companies charge rates based upon how the vehicle is primarily used. Cars that do not get driven very much receive better premium rates than those used for commuting. An incorrectly rated Legacy can result in significantly higher rates. Ask your agent if your auto insurance declarations sheet is rated on the correct driver usage.
  • Theft deterrents lowers auto insurance rates – Choosing a vehicle with an alarm system can help bring down rates. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping vehicle theft.

How to compare insurance coverage rate quotes

Finding a lower price on 2001 Subaru Legacy insurance is an easy way to save money. You just have to spend a few minutes getting comparison quotes provided by online insurance companies. This is very easy and can be done using one of these methods.

Without a doubt, the easiest way to get quotes for comparison is a comparison rater form like this one (opens in new window). This style of form saves time by eliminating separate quotation requests for each company. In just a few minutes this one form gets you price quotes from all major companies. It’s definitely the quickest method.

A more difficult way to obtain and compare quotes online requires visiting each individual company website to request a price quote. For example, let’s say you want to compare Geico, Progressive and Farmers. To get each rate you have to take the time to go to each site and repeatedly type in your coverage information, which explains why we recommend starting with the first method. For a handy list of car insurance company links in your area, click here.

If you have time to kill, the last way to comparison shop is to drive around to and from local insurance agencies. The ability to quote online eliminates the middleman unless your situation requires the peace of mind of an agent trained in personal lines coverage. If you prefer, some companies allow you to compare the best prices online and have a local agent actually service the policy.

Take whichever approach you prefer, but try to use nearly identical coverage information for every company. If each company quotes unequal deductibles or liability limits it will be very difficult to get a fair rate comparison.

Beware of misleading insurance coverage ads

Consumers can’t escape the ads for insurance coverage savings by companies like Progressive, Geico, Allstate and State Farm. All the companies try to convey promises that drivers can save some big amount if you just switch to their company.

That’s great but how can every company charge you less for car insurance? This is the trick they use.

Different companies quote the lowest rates for the type of driver that will add to their bottom line. For instance, this type of risk profile should be between the ages of 30 and 50, carries full coverage, and drives less than 7,500 miles a year. Any new insured that hits that “sweet spot” receive the lowest rate quotes and most likely will cut their rates substantially.

Potential insureds who don’t qualify for those standards will see a higher premium and this can result in the customer not buying. If you listen to the ad wording, they say “customers that switch” not “everybody who quotes” save money. That is how companies can truthfully make it sound like they have such great prices.

Because of this risk profiling, it is so important to compare many company’s prices. It is impossible to guess the company that will have better premium rates than you’re paying now.

Cheaper insurance rates with discounts

Some companies don’t always publicize their entire list of discounts very clearly, so the list below gives a summary of a few of the more well known and also the lesser-known discounts that you may qualify for. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Theft Deterent System – Cars that have factory anti-theft systems prevent vehicle theft and will qualify for a discount on a car insurance quote.
  • Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in school.
  • College Student – Any of your kids who live away from home to go to college and won’t have access to an insured vehicle may be insured at a cheaper rate.
  • Anti-lock Brake Discount – Cars and trucks with anti-lock braking systems have fewer accidents so you can save 10 percent or more.
  • Safe Driver Discounts – Insureds who avoid accidents can save as much as half off their rates for Legacy insurance than drivers with accident claims.
  • Low Mileage Discounts – Maintaining low annual mileage may allow you to get lower premium rates due to less chance of an accident.
  • Data Collection Discounts – Drivers who elect to allow driving data submission to look at their driving habits by using a telematics device such as Progressive’s Snapshot could possibly reduce rates if they are good drivers.
  • Defensive Driver Discounts – Taking time to complete a course in driver safety could cut 5% off your bill if you qualify.
  • Include Life Insurance and Save – Select companies reward you with better premium rates if you take out a life insurance policy as well.
  • Discounts for Federal Employees – Employees or retirees of the government may reduce rates when you quote car insurance for Legacy insurance but check with your company.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to your bottom line cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So when the math indicates adding up those discounts means a free policy, you aren’t that lucky. Any qualifying discounts should help lower your policy premiums.

A few companies who might offer some of the above discounts include:

If you need lower rates, check with all the companies how many discounts you can get. Some discounts listed above might not be available to policyholders in your area.

Tailor your insurance coverage coverage to you

When buying coverage for your personal vehicles, there is no one size fits all plan. Each situation is unique.

For example, these questions may help highlight if your situation would benefit from an agent’s advice.

  • Does liability extend to a camper or trailer?
  • How high should my medical payments coverage be?
  • Does car insurance cover theft of personal property?
  • Is my teen driver covered when they drive my company car?
  • Is there coverage for injuries to my pets?
  • Should I have a commercial auto policy?

If you’re not sure about those questions then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and you can get the answers you need.

What auto insurance coverages do you need?

Knowing the specifics of auto insurance aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Subaru Legacy.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Most of the time these coverages are set the same as your liablity limits.

Medical expense insurance

Coverage for medical payments and/or PIP reimburse you for bills for rehabilitation expenses, nursing services, surgery, dental work and X-ray expenses. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Auto collision coverage

This coverage will pay to fix damage to your Legacy resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like sustaining damage from a pot hole, driving through your garage door and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Coverage for liability

This coverage provides protection from damage that occurs to people or other property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as funeral expenses, court costs, legal defense fees, attorney fees and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as damage from getting keyed, theft, hitting a deer, damage from a tornado or hurricane and hail damage. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Better coverage you can count on

You just learned many tips how you can lower your 2001 Subaru Legacy insurance premium rates. The key concept to understand is the more companies you get prices for, the better chance you’ll have of finding affordable car insurance. You may even discover the lowest priced car insurance comes from a lesser-known regional company.

Drivers who switch companies do it for many reasons like an unsatisfactory settlement offer, policy non-renewal, being labeled a high risk driver and even extreme rates for teen drivers. Whatever your reason, switching companies can be easy and end up saving you some money.

As you prepare to switch companies, it’s very important that you do not reduce needed coverages to save money. In many cases, consumers will sacrifice full coverage and learned later that they should have had better coverage. The proper strategy is to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.

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