Subaru WRX Insurance Rates in Greensboro

Are you sick of overpaying and want low-cost Subaru WRX insurance in Greensboro? Are you sick and tired of scraping the payment together to insure your Subaru every month? You’re in the same situation as many other North Carolina drivers.

Insurance quote for Subaru WRX in GreensboroAnyone knows that auto insurance companies want to prevent you from shopping around. Consumers who get price comparisons will presumably switch auto insurance companies because there is a significant possibility of finding a more affordable policy premium. A survey found that drivers who regularly compared price quotes saved as much as $3,500 over four years compared to people who never shopped around for cheaper prices.

If finding the best rates on car insurance is why you’re reading this, then having a good understanding the best ways to find and compare coverage rates can help you succeed in finding affordable rates. Due to the increasing number of companies to choose from that have lower-cost insurance for a Subaru WRX in Greensboro, it is very difficult to locate the best auto insurance company.

Eight Things That Impact Your Insurance Prices

Lots of things are used when you quote your car insurance policy. Most are fairly basic such as traffic violations, but some are less apparent like where you live or your vehicle rating. When buying insurance it’s important to understand the different types of things that come into play when calculating your policy premiums. When you know what positively or negatively influences your rates, this allows you to make good choices that may result in lower premium levels.

How much liability – The liability coverage on your policy will protect you if ever you are responsible for causing personal injury or damage in an accident. Liability insurance provides for a legal defense to defend your case. This coverage is very inexpensive when compared to the cost of physical damage coverage, so buy as much as you can afford.

Drive less and save – The more you drive in a year the more you’ll pay to insure your vehicle. A lot of companies price each vehicle’s coverage partially by how you use the vehicle. Vehicles that sit idle most of the time qualify for better rates than cars that get driven a lot. Ask your agent if your insurance policy shows the proper vehicle usage, because improper ratings can cost you money. An improperly rated WRX is just wasting money.

Job stress can affect prices – Jobs such as military generals, architects, and miners have the highest rates because of high stress levels and lengthy work days. Conversely, occupations such as scientists, students and retirees pay lower than average rates.

Drive a safer car and pay less – Vehicles with high crash test scores cost less to insure. Safer cars reduce occupant injuries and better occupant protection means less money paid by your insurance company and cheaper rates on your policy.

Get better rates after the wedding – Having a wife or husband can get you a discount when buying insurance. It usually means you are more mature and responsible and insurance companies like that married drivers tend to have fewer serious accidents.

Gender is a factor – Over the last 30 years, statistics show that females take fewer risks when driving. However, don’t assume that men are worse drivers. Both sexes tend to get into auto accidents at about the same rate, but guys cause more damage and cost insurance companies more money. In addition to higher claims, males also get higher numbers of serious violations like DWI (DUI) or reckless driving. Males from age 16 to 21 generally have the highest accident percentage and therefore are the most expensive to insure.

The type of car, truck or SUV makes a difference – The make and model of the car, truck or SUV you are buying insurance for makes a significant difference in your car insurance bill. Lower cost passenger cars generally receive the lowest base rates, but other factors influence the final cost greatly.

Do you need those incidental coverages? – There are quite a few extra coverages that you can buy when buying insurance. Coverages like replacement cost coverage, towing coverage, and membership fees may not be needed and are just wasting money. These may sound like a good investment when buying your policy, but your needs may have changed so eliminate them to save money.

Loss statistics for a Subaru WRX – Insurance companies analyze claim trends for every vehicle when they set coverage costs for each model. Models that have higher prevalence or dollar amount of losses will be charged more to insure.

The information below illustrates the actual insurance loss data for Subaru WRX vehicles. For each type of coverage, the claim probability for all vehicles, regardless of make, model or trim level, is represented as 100. Values that are under 100 are indicative of better than average losses, while percentages above 100 point to more claims or a tendency for claims to be larger.

Car Insurance Loss Data for Subaru WRX Models
Specific Subaru Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Subaru WRX 4WD 141 82 158 94 81 84

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Auto insurance policy discounts you can’t miss

Auto insurance can be pricey, but there are discounts available that can drop the cost substantially. Many of these discounts will be applied automatically at the time of quoting, but some must be specially asked for before you get the savings.Discount auto insurance

A quick disclaimer, some of the credits will not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky.

A few popular companies and a partial list of their discounts include:

When getting a coverage quote, ask every company how many discounts you can get. Some of the earlier mentioned discounts may not apply to policies in your state.

A conclusion for your car insurance search

When searching for the cheapest Subaru WRX rate quotes, you should never skimp on critical coverages to save a buck or two. There have been many situations where an insured cut collision coverage only to regret at claim time that it was a big error on their part. The proper strategy is to get the best coverage possible at the best possible price while not skimping on critical coverages.

You just learned some good ideas how you can get a better price on Subaru WRX insurance in Greensboro. The key concept to understand is the more companies you get prices for, the higher the chance of saving money. Consumers could even find that the biggest savings come from the least-expected company. Some small companies may cover specific market segments cheaper than their larger competitors like Allstate, GEICO and Progressive.

Steps to finding affordable Subaru WRX insurance in Greensboro

If saving the most money is your goal, then the best way to save on Subaru WRX insurance in Greensboro is to start doing a yearly price comparison from insurance carriers who can sell car insurance in North Carolina.

One tip to remember is to try to use identical coverages on every price quote and and to get price quotes from as many companies as feasibly possible. This provides a fair rate comparison and a good representation of prices.

To learn more, feel free to visit these articles: