Save on 1993 Subaru Legacy Insurance Cost

Paying for high-priced Subaru Legacy insurance can take a big chunk out of your bank account, especially in this economy. Comparing price quotes is free, only takes a few minutes, and is a good way to help make ends meet. Because there are so many companies to choose from, it can be diffult for consumers to choose the lowest cost provider.

Choosing the best insurance company for you is not rocket science. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using these techniques. Drivers only need to know how to shop for insurance on the web.

Compare Quotes for Auto Insurance

Reducing your 1993 Subaru Legacy insurance rates can be surprisingly simple. All that’s required is to take a couple of minutes getting comparison quotes online from several insurance companies. This can be accomplished using a couple different methods.

  1. The easiest and least time consuming way to find low rates is an all-inclusive rate comparison like this one (opens in new window). This form keeps you from doing separate forms for each company you want a rate for. A single, simple form compares rates instantly.
  2. A slightly less efficient method to shop for auto insurance online requires you to visit the website of each company to complete their respective quote request forms. For example, let’s say you want comparison quotes from Farmers, Allstate and Geico. To get rate quotes you would need to take the time to go to each site and enter your policy data, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

Whichever way you use, make absolute certain that you use identical coverage information with every price quote. If the quotes have unequal deductibles or liability limits it will be impossible to make a fair comparison for your Subaru Legacy.

Are insurance coverage companies telling the truth?

Consumers get pounded daily by advertisements for cheaper car insurance by companies like Geico, State Farm and Progressive. All the companies have a common claim that you can save after switching to them.

But how can every company make almost identical claims?

Different companies have a preferred profile for the type of customer that is profitable for them. For example, a driver they prefer could be over the age of 40, a clean driving record, and has a short commute. A propective insured who fits that profile will qualify for the lowest rates and most likely will save when switching.

Potential insureds who fall outside the requirements must pay a higher premium and ends up with business going elsewhere. The ads state “drivers who switch” but not “drivers who get quotes” save that kind of money. That’s why companies can state the savings. This illustrates why you should compare many company’s rates. It’s just too difficult to predict the company that will provide you with the cheapest Subaru Legacy insurance rates.

Why your Subaru Legacy insurance rates may be high

An important part of buying insurance is that you know the different types of things that play a part in calculating your auto insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that could result in big savings.

Shown below are a few of the “ingredients” that factor into premiums.

  • Extra coverages can waste money – There are a ton of extra coverages that you can buy on your 1993 Legacy policy. Coverages for rental car reimbursement, towing coverage and additional equipment coverage are examples of these. They may seem like a good idea at first, but now you might not need them so eliminate them to save money.
  • Optional equipment can affect rates – Owning a car with an alarm system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Are you male or female? – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are worse drivers. Men and women are in accidents at a similar rate, but men cause more damage. Men also get cited for more serious violations such as reckless driving. Teenage male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Frequent auto insurance claims increase rates – If you tend to file frequent claims, you can look forward to higher rates. Insurance companies award better rates to drivers who are claim-free. Insurance coverage is meant to be used in the event of larger claims.

Don’t miss out on these money-saving discounts

Companies that sell car insurance do not list all available discounts very well, so we researched some of the more common as well as the least known discounts you could be receiving. If you don’t get every credit possible, you are paying more than you should be.

  • Driver’s Ed – Require your teen driver to take driver’s ed class if offered at their school.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. This discount can apply until age 25.
  • Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts of 20% or more.
  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
  • Clubs and Organizations – Participating in a professional or civic organization is a good way to get lower rates when shopping for car insurance for Legacy insurance.
  • No Charge for an Accident – Some insurance companies allow you one accident without raising rates if you are claim-free for a set time period.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts as compared to drivers who are more careless.
  • Drive Safe and Save – Drivers who don’t get into accidents may receive a discount up to 45% less for Legacy insurance than their less cautious counterparts.
  • More Vehicles More Savings – Having multiple cars or trucks on one policy qualifies for this discount.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most cut individual premiums such as liability, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way.

To see a list of companies with discount car insurance rates, follow this link.

Do I need special coverages?

When buying coverage, there really is no single plan that fits everyone. Every situation is different and your policy should reflect that. For instance, these questions can aid in determining if you may require specific advice.

  • Is upholstery damage covered by car insurance?
  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered if I break a side mirror?
  • Exactly who is provided coverage by my policy?
  • Does my policy cover my teen driver if they drive my company car?
  • Does coverage extend to Mexico or Canada?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Educate yourself about car insurance coverages

Having a good grasp of car insurance aids in choosing the right coverages for your vehicles. Car insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverage types found on the average car insurance policy.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Subaru Legacy.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision – This coverage pays for damage to your Legacy caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like damaging your car on a curb, hitting a parking meter and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Liability auto insurance – Liability coverage protects you from damage that occurs to a person or their property in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover 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 policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things like structural damage, medical expenses, legal defense fees and medical services. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Medical expense coverage – Coverage for medical payments and/or PIP pay for short-term medical expenses for things like ambulance fees, EMT expenses, rehabilitation expenses and prosthetic devices. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive protection – This coverage pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like theft, damage from getting keyed, hitting a bird, vandalism and a broken windshield. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage on a shoestring budget

As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to purchase a proper amount of coverage at the best price.

You just read many ways to shop for 1993 Subaru Legacy insurance online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the best prices are with the least-expected company. These smaller insurers may have significantly lower rates on certain market segments compared to the large companies like State Farm and Allstate.

Even more information can be read at these sites: