Compare 2023 Subaru Impreza Insurance Rates in 2024

Searching for better insurance rates for your Subaru Impreza? Trying to come up with a payment for overpriced insurance can stress out your bank account and possibly require you to analyze your spending habits. Price shopping at each renewal can lower your rates and help to slash your bill and have more disposable income.

Due to the increasing number of insurance companies to choose from, it’s nearly impossible to choose the right company.

You should make it a habit to quote other rates occasionally because insurance rates change regularly. Just because you found the best premium rates on Impreza insurance a couple years back there is a good chance you can find better prices now. Forget all the misinformation about insurance because you’re about to learn the quickest way to properly buy coverages while reducing your premium.

Lower rates by qualifying for discounts

Some insurance providers don’t always advertise all available discounts in a way that’s easy to find, so the following list contains some of the best known and also the more inconspicuous credits that may apply to you.

• Full Payment Discount – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
• Clubs and Organizations – Being in qualifying employment or professional organizations could trigger savings on your policy.
• Military Rewards – Having a family member in the military can result in better prices.
• Driving Data Discount – People who choose to allow companies to track driving patterns remotely such as State Farm’s In-Drive might see lower rates as long as the data is positive.
• Auto/Life Discount – Larger car insurance companies have a lower premium rate if you buy a life insurance policy as well.
• Discount for New Cars – Buying a new car model can be considerably cheaper since newer vehicles are generally safer.
• Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
• Own a Home and Save – Owning a house can earn you a little savings since home ownership means you have a higher level of financial diligence.
• ABS Braking Discount – Cars and trucks that have anti-lock braking systems can stop better under adverse conditions so you can save 10 percent or more.

A little note about advertised discounts, some credits don’t apply to all coverage premiums. Some only apply to specific coverage prices like collision or personal injury protection. So even though you would think all those discounts means the company will pay you, car insurance companies aren’t that generous. Any amount of discount will cut your policy premiums.

Some of the larger companies that may include these money-saving discounts include:

• State Farm
• American Family
• AAA
• GEICO
• Mercury Insurance
• Farmers Insurance
• Progressive

Check with every insurance company which discounts you may be entitled to. Some credits may not apply everywhere. To view providers that have a full spectrum of discounts, enter your zip code here.

Five tips to get cheap insurance rates

Many different elements are taken into consideration when pricing auto insurance. Most are fairly basic like a motor vehicle report, but other criteria are less apparent like your continuous coverage or your commute time.

The list below includes some of the things utilized by car insurance companies to help set your prices.

• Getting married can lower rates – Having a significant other can get you a discount on your car insurance policy. It means you’re more financially stable and insurance companies like that drivers who are married file infrequent claims.
• Responsible drivers pay better premiums – Your driving record impacts premiums far more than you think. Drivers with clean records pay lower auto insurance prices than people who have multiple driving citations. Even one speeding ticket may cause rates to rise to the point where it’s not affordable. Drivers unfortunate enough to have flagrant violations such as DWI, reckless driving or hit and run convictions may find that they have to to prove financial responsibility with the DMV in their state in order to prevent their license from being revoked.
• Rates may be higher where you live – Having an address in a small town has it’s advantages when shopping for auto insurance. Residents of big cities tend to have traffic congestion and much longer commute distances. Fewer drivers on the road means less chance of accidents and a lower car theft rate.
• Men drivers tend to cost more – Over the last 50 years, statistics have shown that females take fewer risks when driving. This data doesn’t prove that females are better at driving than males. Women and men cause accidents at a similar rate, but men get into accidents with more damage. Men also have more aggressive citations like reckless driving and DUI. Male drivers age 16 to 19 are several times more likely to be in an accident and are penalized with high car insurance rates.
• Employer stress can make you pay more – Do you have a high-stress occupation? Occupations such as lawyers, police officers and stock brokers usually pay higher average rates because of intense work situations and incredibly demanding work hours. On the flip side, professions such as actors, historians and homemakers generally pay rates lower than average on Impreza insurance.

Insurance coverage is unique, just like you

When choosing the right insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions might help in determining whether you would benefit from an agent’s advice.

• Do I have coverage when using my vehicle for my home business?
• How does medical payments coverage work?
• Can I make deliveries for my home business?
• Should I put collision coverage on all my vehicles?
• When would I need rental car insurance?
• Do I have coverage for damage caused while driving under the influence?
• Do I get a pro-rated refund if I cancel my policy early?
• Am I covered if I break a side mirror?
• What happens if I owe more than my 2023 Subaru Impreza is worth?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, complete your zip code.

Can you really save $412 a year?

Respected companies like Progressive, GEICO, Allstate and State Farm seem to constantly run television and radio advertisements. All the ads make the same claim that people will save just by switching your coverage to them. How do they all charge lower premium rates? You have to listen carefully.

Most companies provide the lowest rates for the type of driver that will be a good risk. A good example of a profitable insured may be between 25 and 40, has no claims, and drives less than 5,000 miles a year. Any new insured that matches those criteria gets the lowest prices and most likely will save a lot if they switch.

Insureds who may not quite match the ideal profile will get higher prices with the end result being the driver buying from a lower-cost company. The ads say “people that switch” but not “all drivers who get quotes” save money. That’s the way companies can make it sound like they have such great rates.

Different companies use different criteria so you absolutely need to compare quotes as often as possible. You cannot predict the company that will have the lowest rate quotes.

Car insurance coverages for a Subaru Impreza

Understanding the coverages of a insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. These are the normal coverages found on most insurance policies.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 2023 Subaru Impreza.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as colliding with a tree, crashing into a ditch, scraping a guard rail, rolling your car and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, damage from getting keyed, a broken windshield, hitting a deer and rock chips in glass. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Auto liability insurance

This provides protection from damage or injury you incur to other’s property or people. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like repair bills for other people’s vehicles, emergency aid, bail bonds, court costs and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like rehabilitation expenses, dental work, prosthetic devices, nursing services and doctor visits. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

What is YOUR best insurance company?

As you restructure your insurance plan, never sacrifice coverage to reduce premiums. In many instances, drivers have reduced comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find for the lowest cost.

The cheapest 2023 Subaru Impreza insurance is possible from both online companies as well as from insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies may not offer price quotes online and these smaller providers work with independent insurance agents.

You just read some good ideas how you can shop for 2023 Subaru Impreza insurance online. The key thing to remember is the more you quote auto insurance, the more likely it is that you will get a better rate. You may even discover the best price on insurance coverage is with a lesser-known regional company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as GEICO and State Farm.