Want the cheapest car insurance rates for your Subaru WRX? Are you sick and tired of not being able to afford to insure your Subaru every month? You’re in the same situation as many other drivers. Big-name insurance companies like State Farm and GEICO constantly blast consumers with advertising and it is challenging if not impossible to separate fact from fiction and find the best price available.
It’s smart to get comparison quotes yearly since rates change regularly. Just because you had the best deal on WRX coverage a year ago other companies may now be cheaper. So block out anything you think you know about car insurance because you’re going to get a crash course in the best methods to lower your annual insurance bill.
Finding a lower price on 2016 Subaru WRX insurance is a fairly straight forward process. Drivers just need to invest a few minutes comparing rates provided by online insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.
The recommended way consumers can analyze rates is to use a rate comparison form click to view form in new window. This method eliminates the need for repetitive form entry for every insurance company. One simple form will return quotes from all major companies.
A more time consuming way to get comparison quotes requires a visit to each company’s website to request a price quote. For examples sake, let’s assume you want rates from Farmers, GEICO and Allstate. You would have to go to every website and enter your policy data, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.
The least recommended way of comparing rate quotes is driving around to local insurance agencies. Shopping for insurance online can eliminate the need for a local agent unless you have a need for the professional advice of a licensed agent. However, consumers can price shop online but still have the advice of a local agent and we’ll touch on that later.
However you get your quotes, double check that you are using identical coverages for every quote you compare. If you compare different deductibles it will be impossible to make an equal comparison.
Insurance can cost an arm and a leg, but you may find discounts to help offset the cost. Some trigger automatically at the time of quoting, but less common discounts must be specially asked for prior to getting the savings. If you aren’t receiving every discount available, you are throwing money away.
It’s important to note that some credits don’t apply to the entire policy premium. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, insurance companies aren’t that generous. But all discounts will cut your overall premium however.
Insurance companies who might offer some of the above discounts include:
Before buying, ask all companies you are considering which discounts they offer. All car insurance discounts may not apply everywhere.
When choosing the best insurance coverage coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions may help highlight if you will benefit from professional help.
If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area. It is quick, free and you can get the answers you need.
Having a good grasp of your auto insurance policy aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverage types offered by auto insurance companies.
Medical costs insurance – Med pay and PIP coverage reimburse you for immediate expenses for things like rehabilitation expenses, funeral costs, X-ray expenses, hospital visits and doctor visits. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
Comprehensive or Other Than Collision – Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things such as falling objects, rock chips in glass and damage from flooding. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Subaru WRX.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Usually these limits are set the same as your liablity limits.
Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things such as sustaining damage from a pot hole, scraping a guard rail, colliding with a tree, crashing into a ditch and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.
Liability coverage – This coverage can cover damage that occurs to other’s property or people in an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability can pay for things like court costs, loss of income, medical services and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.