2002 Subaru Legacy Car Insurance Cost

Searching for lower insurance rates for your Subaru Legacy? Locating low-cost insurance for a new or used Subaru Legacy can be an all-consuming task, but you can learn our insurance buying tips to make it easier. There are both good and bad ways to find insurance online so you’re going to learn the proper way to compare rates for your Subaru and locate the best price possible either online or from local insurance agents.

Consumers should take time to check insurance prices every six months because rates are rarely the same from one policy term to another. Even if you got the lowest rate on Legacy coverage a year ago you can probably find a lower rate today. Ignore everything you know about insurance because you’re about to learn one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

The fastest way that we advise to get rate comparisons is to take advantage of the fact most insurance companies allow for online access to provide you with free rate quotes. The only thing you need to do is provide the companies a bit of rating information such as if the car is leased, driver details, if you are currently licensed, and coverage limits. That information is instantly submitted to all major companies and you get price estimates quickly.

Cheaper insurance coverage rates with discounts

Not too many consumers would say insurance coverage is affordable, but there may be some discounts to help bring down the price. Some trigger automatically when you get a quote, but a few need to be manually applied before they will apply.

  • Low Mileage – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
  • ABS and Traction Control Discounts – Vehicles with ABS braking systems or traction control can stop better under adverse conditions and the ABS can save up to 10%.
  • Responsible Driver Discounts – Insureds without accidents may save up to 50% more on Legacy coverage than their less cautious counterparts.
  • Distant Student – Children who live away from home to go to college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Professional Organizations – Affiliation with specific professional or occupational memberships or organizations may earn a discount when shopping for insurance coverage.
  • Bundle and Save – If you have multiple policies with one insurance company you may save up to 20% and get you low cost insurance coverage.
  • Military Discounts – Being deployed in the military may qualify for rate reductions.
  • More Vehicles More Savings – Buying coverage for primary and secondary vehicles with the same insurance coverage company may reduce the rate for each vehicle.
  • Defensive Driver – Completing a course in safe driver could save 5% or more and make you a better driver.
  • Safety Restraint Discount – Drivers who require all occupants to fasten their seat belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to the entire cost. Some only apply to individual premiums such as collision or personal injury protection. Even though the math looks like you would end up receiving a 100% discount, companies don’t profit that way. But any discount will definitely lower the amount you pay for coverage.

A few companies that may include some of the above discounts include:

Before purchasing a policy, check with all companies you are considering to give you their best rates. A few discounts may not apply to policyholders in your area.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage for your vehicles, there is no cookie cutter policy. Each situation is unique.

These are some specific questions might help in determining whether or not you may require specific advice.

  • Am I covered when driving on a suspended license?
  • Do I need more liability coverage?
  • Will filing a claim cost me more?
  • Is pleasure use cheaper than using my 2002 Subaru Legacy to commute?
  • Where can I get insurance after a DUI in my state?
  • When would I need rental car insurance?
  • What is UM/UIM insurance?
  • Can my babysitter drive my car?
  • Am I covered if hit by an uninsured driver?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and may give you better protection.

Insurance rates are influenced by these factors

Multiple criteria are taken into consideration when premium rates are determined. Some factors are common sense like a motor vehicle report, although others are less apparent like your vehicle usage or your financial responsibility.It’s important that you understand some of the factors that aid in calculating the level of your policy premiums. If you understand what controls the rates you pay, this helps enable you to make changes that could help you find cheaper rates.

Listed below are a few of the “ingredients” used by companies to determine premiums.

  • Experienced drivers save more – Older people tend to be more responsible, cause fewer claims and accidents , and are generally more financially stable.Teenage drivers tend to be inattentive and easily distracted when driving so car insurance rates are higher.
  • Pay more of a claim out-of-pocket – The deductibles are how much you are required to pay before a claim is paid by your company. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Examples of covered claims are colliding with a stationary object, damage from fire, and having a roll-over accident. The larger the amount you pay before a claim is paid (deductible), the less money you will pay for car insurance on Legacy coverage.
  • Use credit responsibly and save – Having a bad credit score factor in calculating your car insurance rates. Insureds that have excellent credit scores tend to be more responsible as compared to drivers with poor credit scores. So if your credit score could use some work, you could save money insuring your 2002 Subaru Legacy by spending a little time repairing your credit.
  • Keep car insurance claims to a minimum – If you’re an insured who likes to file claims you can look forward to much higher rates or policy non-renewal. Companies award most affordable rates to policyholders who file claims infrequently. Your car insurance is designed for major claims that would cause financial hardship.

Car insurance coverages for a Subaru Legacy

Having a good grasp of a car insurance policy can help you determine which coverages you need for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement.

Comprehensive protection – This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, a tree branch falling on your vehicle, falling objects and damage from getting keyed. The most your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense coverage – Med pay and PIP coverage kick in for expenses for things like hospital visits, ambulance fees and surgery. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage – This provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability coverage – This provides protection from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things like attorney fees, court costs, loss of income, structural damage and pain and suffering. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – This pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a mailbox, colliding with a tree, sustaining damage from a pot hole and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Quote more, save more

In this article, we covered a lot of tips how to shop for 2002 Subaru Legacy insurance online. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Drivers may discover the lowest car insurance rates come from a lesser-known regional company.

There are still a few companies who may not have rates over the internet regional insurance providers work with local independent agencies. The cheapest 2002 Subaru Legacy insurance is available from both online companies as well as from independent agents, so you should be comparing quotes from both to have the best selection.

When you buy insurance coverage online, it’s a bad idea to skimp on coverage in order to save money. In too many instances, consumers will sacrifice liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Other articles