2004 Subaru Impreza Insurance Rates – 7 Savings Tips

Searching for the cheapest auto insurance rates for your Subaru Impreza? Locating the cheapest insurance for a Subaru Impreza could be a painful process, but you can use a few tricks and make it easy.

There is a better way to shop for auto insurance so you’re going to learn the best way to price shop coverage for a new or used Subaru and obtain the lowest possible price from local insurance agents and online providers.

It’s a good idea to price shop coverage periodically because prices are rarely the same from one policy term to another. If you had the lowest price on Impreza insurance last year you can probably find a lower rate today. Block out anything you think you know about auto insurance because you’re about to find out how to use the internet to find great coverage at a great price.

Get lower rates by taking advantage of these seven discounts

The cost of insuring your cars can be expensive, but you may find discounts that can help lower your rates. Certain discounts will be applied when you purchase, but a few need to be requested specifically before they will apply.

• Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% on Impreza insurance compared to rates paid by drivers with frequent claims.
• Telematics Data Discounts – Drivers who agree to allow data collection to look at their driving habits remotely such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they show good driving skills.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in school or through a local driver safety program.
• Federal Employees – Having worked for a branch of the government could qualify for a slight premium decrease on Impreza insurance with certain companies.
• 55 and Retired – Seniors are able to get a discount up to 10% on Impreza insurance.
• Military Rewards – Being on active deployment in the military could trigger a small discount.
• Discounts for Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts can save 10% or more off the PIP or medical payment premium.

Consumers should know that most credits do not apply the the whole policy. Some only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way.

Companies that may include many of the previously listed discounts are:

• Progressive
• Geico
• State Farm
• Esurance
• The Hartford

Check with each insurance company how many discounts you can get. Some credits may not be available in your area. For a list of insurers with significant discounts, follow this link.

How much insurance do I need?

When it comes to buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every situation is different.

For example, these questions may help you determine whether you will benefit from professional help.

• Am I covered if I wreck a rental car?
• Should I buy full coverage?
• When would I need additional glass coverage?
• Am I insured when driving a different vehicle?
• I don’t drive much so do I pay less?
• Does my policy pay for OEM or aftermarket parts?
• Do I need special endorsements for business use of my vehicle?
• Can I afford low physical damage deductibles?
• Can I pay claims out-of-pocket if I buy high deductibles?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Auto insurance coverage information

Learning about specific coverages of your policy helps when choosing the right coverages and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for short-term medical expenses like surgery, doctor visits, ambulance fees and pain medications. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like hitting a bird, falling objects and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Collision protection

Collision insurance will pay to fix damage to your Impreza from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like colliding with a tree, crashing into a building, scraping a guard rail, backing into a parked car and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Coverage for liability

Liability coverage protects you from damage that occurs to other people or property by causing an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as loss of income, court costs and bail bonds. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Shop Smart and Save

We just presented a lot of information how to reduce 2004 Subaru Impreza insurance premium rates online. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even find the best price on insurance is with the least-expected company.

Insureds switch companies for many reasons like poor customer service, delays in responding to claim requests, not issuing a premium refund or being labeled a high risk driver. It doesn’t matter what your reason, switching companies is not as difficult as it may seem.

When getting insurance quotes online, it’s a bad idea to buy less coverage just to save a little money. There are a lot of situations where someone sacrificed liability limits or collision coverage and found out when filing a claim that they should have had better coverage. The aim is to purchase a proper amount of coverage for the lowest cost while still protecting your assets.

To learn more, take a look at these articles:

• Child Safety Seats (Insurance Information Insitute)
• Auto Theft Statistics (Insurance Information Insitute)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Should I Buy a New or Used Car? (Allstate)
• Side Impact Crash Tests (iihs.org)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)