How Much Does 2018 Subaru WRX Insurance Cost in 2024?

Looking for better car insurance rates for your Subaru WRX? Trying to come up with a payment for overpriced car insurance can dwindle your monthly budget and require stricter spending habits. Comparing price quotes can help to ensure you are getting the best deal.

You have multiple insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, so many choices can make it hard to find the best rates.

You should make it a habit to take a look at other company’s rates once or twice a year since insurance rates change quite often. Even if you think you had the best deal on WRX coverage two years ago a different company probably has better prices today. Forget anything you know (or think you know) about car insurance because you’re going to learn the best methods to reduce your cost while increasing coverage.

Locating affordable coverage is quite easy. If you have a current insurance policy or need new coverage, you can use these tips to get lower rates while maintaining coverages. Consumers just need to know the best way to compare price quotes over the internet.

Compare auto insurance rates

Getting a cheaper price on 2018 Subaru WRX insurance is actually easier than you may think. All that’s required is to spend a few minutes to compare free auto insurance quotes to discover which company has inexpensive auto insurance quotes. Price comparisons can be done using a couple different methods.

The fastest and easiest way to get quotes for comparison is a comparison rater form. This quick form keeps you from doing separate forms for each company you want a rate for. Taking the time to complete one form gets rate comparisons from auto insurance companies with the best prices.

A different way to get comparison quotes consists of visiting each company website and repeat the quote process. For example, let’s assume you want to view quotes from GEICO, Safeco and Allstate. To find out each rate you need to go to each individual site and enter your policy data, which is why most consumers use the first method.

The last way to find cheaper rates is making phone calls or going to different agent offices. Comparing rates online reduces the need to sit down with an agent unless you want the personal advice that only a licensed agent can provide. It is possible to comparison shop your insurance online but buy from a local insurance agent.

It’s up to you how you get prices quotes, just be sure you’re using nearly identical coverage information with every price quote. If you compare different data it will be nearly impossible to determine which rate is truly the best.

Auto insurance policy discounts

Insurance can be prohibitively expensive, but there could be significant discounts that can help lower your rates. Some trigger automatically at the time you complete a quote, but some discounts are required to be asked for prior to receiving the credit. If you aren’t receiving every discount available, you are throwing money away.

• Multi-car Discount – Purchasing coverage when you have multiple cars or trucks with the same company qualifies for this discount.
• Discounts for Cautious Drivers – Drivers without accidents can pay as much as 50% less on WRX coverage than their less cautious counterparts.
• No Accidents – Insureds who avoid accidents and claims can earn big discounts when compared with insureds who have frequent claims or accidents.
• Theft Deterrent Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and will save you 10% or more.
• ABS Braking Discount – Cars with ABS braking systems or traction control prevent accidents so you can save 10 percent or more.
• Buy New and Save – Adding a new car to your policy is cheaper because new model year vehicles keep occupants safer.
• Multi-policy Discount – When you have multiple policies with the same insurance company you may save up to 20% off your total premium.

You should keep in mind that some credits don’t apply to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. So even though it sounds like you would end up receiving a 100% discount, it doesn’t quite work that way.

Companies and their possible discounts are outlined below.

• Farmers Insurance offers premium reductions for distant student, mature driver, early shopping, electronic funds transfer, and multi-car.
• Esurance may have discounts that include renters, multi-car, good student, online quote, online shopper, and good driver.
• State Farm has savings for good driver, accident-free, multiple policy, Steer Clear safe driver discount, multiple autos, and anti-theft.
• GEICO includes discounts for daytime running lights, multi-policy, good student, emergency military deployment, air bags, and anti-lock brakes.
• Allstate may offer discounts for farm vehicle, premier plus, auto/life discount, utility vehicle, and resident student.

Before you buy a policy, ask all companies you are considering how you can save money. Some of the earlier mentioned discounts might not be offered in your state. To choose auto insurance companies with the best auto insurance discounts, enter your zip code here.

What affects Subaru WRX insurance costs?

Many different elements are part of the equation when you get a price on insurance. Some are pretty understandable like your driving record, but other criteria are not as apparent like your continuous coverage or how safe your car is. Smart consumers have a good feel for the different types of things that help determine your car insurance rates. If you know what impacts premium levels, this allows you to make good choices that may reward you with lower car insurance prices.

• What are your coverage deductibles? – Your deductibles define how much you are willing to pay before your car insurance pays a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. A few examples of covered claims are a windshield broken by a bird, fire damage, and damage caused by road hazards. The more damage repair cost you are required to pay out-of-pocket, the less money you will pay for car insurance on WRX coverage.
• Claim-free discounts can add up – Auto insurance companies give the lowest premiums to people who do not file claims often. If you frequently file small claims, you can expect higher premiums or even policy non-renewal. Your car insurance is intended for claims that you cannot pay yourself.
• Single drivers take more risk – Having a significant other actually saves money on your policy. It may mean you are more stable financially and statistics prove drivers who are married file infrequent claims.
• Advanced theft deterrents – Owning a car with a theft deterrent system can get you a discount on your car insurance. Systems that thwart theives such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft and help bring rates down.
• Better car insurance rates for continuous coverage – Having a gap between insurance policy dates is a sure-fire way to increase your car insurance rates. And not only will your rates increase, the inability to provide proof of insurance might get you a hefty fine and possibly a revoked license. You may have to prove you have insurance by filing a SR-22 with your state DMV.
• Your job and car insurance rates – Did you know your occupation can influence how much you pay for car insurance? Occupations like military generals, airline pilots and accountants tend to have the highest rates attributed to high stress and long work hours. Conversely, careers like professors, athletes and retirees pay the least on WRX coverage.
• Where you call home factors in – Living in smaller towns and rural areas of the country is a good thing when it comes to car insurance. Urban drivers have to deal with more road rage incidents and higher rates of accident claims. Fewer drivers on the road means a lower chance of having an accident and a lower car theft rate.
• Bundle and save – Many car insurance companies will award lower prices to policyholders who buy several policies from them in the form of a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even if you qualify for this discount already, consumers should still comparison shop to verify if the discount is saving money. You may still be able to save even more by buying insurance from more than one company.

How do I know if I need professional advice?

When buying coverage for your vehicles, there really is no one size fits all plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your insurance needs could use an agent’s help.

• Is my 2018 Subaru WRX covered for flood damage?
• Am I covered when driving someone else’s vehicle?
• Do I have coverage for damage caused while driving under the influence?
• Is rental equipment covered for theft or damage?
• How can I find cheaper teen driver insurance?
• At what point should I drop full coverage?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out your zip code. It’s fast, doesn’t cost anything and can provide invaluable advice.

Coverage specifics

Understanding the coverages of your policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by car insurance companies.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for bills such as rehabilitation expenses, dental work and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants and also covers getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive insurance – Comprehensive insurance 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 insurance covers claims such as theft, damage from getting keyed and vandalism. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Subaru WRX.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages are similar to your liability insurance amounts.

Liability insurance – Liability insurance can cover damage that occurs to other people or property by causing an accident. It protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like repair bills for other people’s vehicles, attorney fees, legal defense fees, medical expenses and funeral expenses. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible.

Collision coverages – Collision coverage pays for damage to your WRX resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like hitting a mailbox, damaging your car on a curb, backing into a parked car, scraping a guard rail and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Take this to the bank

We just covered a lot of information how to compare 2018 Subaru WRX insurance premium rates online. The most important thing to understand is the more times you quote, the higher the chance of saving money. Consumers may even find the biggest savings come from a smaller regional carrier. Some small companies may have significantly lower prices on certain market segments than their larger competitors like Progressive and GEICO.

Lower-priced insurance coverage can be sourced from both online companies and from local insurance agents, so you need to shop auto insurance with both in order to have the best price selection to choose from. Some companies may not offer the ability to get quotes online and usually these regional carriers provide coverage only through independent insurance agents.

When getting auto insurance quotes online, it’s a bad idea to reduce coverage to reduce premium. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your focus should be to find the BEST coverage for the lowest price while not skimping on critical coverages.