Having to pay for high-priced Subaru Crosstrek insurance can dwindle your checking account, especially in this economy. Doing a rate analysis is a fast and free way to cut your insurance bill.
Many insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurance companies to discover the definitive best rate
To find cheaper quotes, there are a couple of ways to obtain and compare prices from many insurance companies in your state. The best way to find the lowest 2016 Subaru Crosstrek rates is to use the internet to compare rates. It’s really quite simple and can be done in a couple of different ways.
If you are pressed for time, the simplest way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This form eliminates the need for separate quotation requests for every insurance company. Filling out one form compares rates from insurance companies with the best prices.
A less efficient way to get quotes online is spending the time to visit the website of each company and repeat the quote process again and again. For instance, we’ll assume you want to get rates from State Farm, Liberty Mutual and Allstate. To find out each rate you need to visit each site to enter your coverage information, which is why most consumers use the first method.
For a list of companies in your area, click here.
It doesn’t matter which method you choose, just make sure you are using the same quote data on every price quote you get. If you use unequal deductibles or liability limits then you won’t be able to make an equal comparison. Just a small difference in insurance coverages or limits can result in a big premium difference. Keep in mind that comparing a large number of companies will improve the odds of getting more affordable rates. Some insurance companies are not set up to provide prices over the internet, so it’s recommended that you also compare price quotes from them, too.
Big name companies like Allstate, Geico and Progressive regularly use television, radio, and online ads. They all seem to say the same thing about saving some big amount just by switching your policy. That’s great but how can every company charge you a lower premium?
Insurance companies have specific guidelines for the type of insured that will add to their bottom line. For example, this type of insured could possibly be over the age of 35, has no tickets, and does not commute to work. Any person that hits that “sweet spot” gets the lowest premium rates and have a good chance to save when they switch companies.
Potential insureds who cannot meet this stringent profile may be forced to pay higher premium rates which leads to the customer not buying. The ads state “people who switch” not “everybody who quotes” save that much. That’s why insurance companies can advertise the savings. Because each company has a different risk profile, it’s extremely important to do a quote comparison often. It’s not possible to predict the company that will have the best prices at this point in time.
Lots of things are taken into consideration when you get a price on insurance. Some factors are common sense like your driving record, although others are less obvious such as your credit history or how financially stable you are.The best way to find cheaper auto insurance is to take a look at some of the elements that are used to determine your premiums. When consumers understand what impacts premium levels, this allows you to make good choices that can earn you better auto insurance rates.
Insurance is neither fun to buy or cheap, but there are discounts available that can help lower your rates. Some discounts apply automatically at the time of purchase, but some must be specially asked for before you get the savings.
It’s important to understand that many deductions do not apply to your bottom line cost. Some only reduce specific coverage prices like liability, collision or medical payments. Even though it may seem like adding up those discounts means a free policy, insurance companies aren’t that generous. Any qualifying discounts will definitely lower your overall premium however.
Larger insurance companies and some of the premium reductions they offer are detailed below.
When quoting, ask every prospective company to give you their best rates. Some discounts may not be available in your area. If you would like to choose from a list of insurers that offer many of these discounts, follow this link.
When it comes to choosing the best car insurance coverage for your personal vehicles, there is no one size fits all plan. Every situation is different and your policy should reflect that. For example, these questions may help you determine if you may require specific advice.
If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types offered by car insurance companies.
Uninsured or underinsured coverage
Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.
Collision insurance
Collision coverage pays for damage to your Crosstrek caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things like hitting a mailbox, colliding with a tree, rolling your car and backing into a parked car. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.
Comprehensive protection
This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like rock chips in glass, damage from getting keyed, hitting a deer, theft and hitting a bird. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Liability auto insurance
Liability insurance protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.
Liability can pay for claims like medical services, structural damage, medical expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.
Medical expense coverage
Coverage for medical payments and/or PIP reimburse you for expenses such as surgery, X-ray expenses and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
Lower-priced car insurance can be purchased online and from local agencies, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who may not provide price quotes online and these regional carriers sell through local independent agents.
We covered some good ideas how you can lower your 2016 Subaru Crosstrek insurance premium rates. The key thing to remember is the more companies you get prices for, the higher your chance of finding inexpensive car insurance. You may even discover the most savings is with some of the lesser-known companies. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as Geico and State Farm.
When trying to cut insurance costs, never sacrifice coverage to reduce premiums. There have been many cases where consumers will sacrifice collision coverage and learned later they didn’t have enough coverage. Your aim should be to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.
Additional car insurance information can be found at the links below