Save on 2022 Subaru WRX Insurance Cost in 2024

Comparison shopping for cheaper insurance can seem to be kind of frustrating for drivers not familiar with online rate comparisons. People have so many different companies and agents to choose from that it can quickly become a difficult mission to find the perfect company for you.

Take policy discounts and save

Insurance can be prohibitively expensive, but companies offer discounts that many people don’t even know exist. Certain reductions will be credited at the time you complete a quote, but a few must be specifically requested before being credited.

• Clubs and Organizations – Belonging to a civic or occupational organization is a good way to get lower rates on your next renewal.
• Renewal Discounts – Some companies give discounts for renewing your policy prior to the expiration date on your current policy. It can save you around 10%.
• Air Bags and Passive Restraints – Vehicles equipped with air bags can qualify for discounts of 20 to 30 percent.
• Student Discounts – A discount for being a good student could provide a savings of up to 20% or more. This discount can apply until age 25.
• Anti-theft Discount – Vehicles optioned with advanced anti-theft systems are stolen less frequently and will qualify for a discount on a insurance quote.
• Resident Student – Any of your kids living away from home attending college and won’t have access to an insured vehicle may be insured at a cheaper rate.

Remember that most credits do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like comp or med pay. So even though you would think you can get free auto insurance, it doesn’t quite work that way. But any discount will cut your overall bill.

Companies and their possible discounts include:

• Farmers Insurance policyholders can earn discounts including mature driver, early shopping, homeowner, youthful driver, and bundle discounts.
• Esurance offers discounts for online shopper, renters, claim free, defensive driver, anti-lock brakes, and Pac-12 alumni.
• State Farm offers premium reductions for defensive driving training, safe vehicle, good driver, multiple autos, driver’s education, student away at school, and good student.
• GEICO may have discounts that include federal employee, emergency military deployment, anti-lock brakes, daytime running lights, five-year accident-free, anti-theft, and driver training.
• Allstate discounts include EZ pay plan discount, multi-policy, defensive driver, anti-theft, early signing, and utility vehicle.

It’s a good idea to ask each insurance company which discounts you qualify for. Some credits may not apply to policyholders in your area. To choose companies who offer free insurance quotes, enter your zip code here.

Shop insurance coverage online

There are several ways to compare rate quotes from lots of insurance coverage companies. The best method to find cheaper 2022 Subaru WRX rates is to perform an online rate comparison. This is very easy and can be done using a couple different methods.

1. The easiest and least time consuming way consumers can make multiple comparisons is to use a rate comparison form. This form eliminates the need for multiple quote forms for every prospective company. One simple form gets insurance cost estimates from multiple low-cost companies. It’s definitely the quickest method.
2. A more time consuming way to shop for insurance coverage online consists of visiting each company’s website to request a price quote. For instance, we’ll assume you want rates from USAA, GEICO and Allstate. In order to compare rates, you need to take the time to go to each site and enter your information, which is why the first method is more popular.

Whichever way you choose to compare rates, try to keep nearly identical coverages and limits with every price quote. If you compare mixed coverages you will not be able to decipher which rate is best. Having just a slight variation in limits can mean a large discrepancy in price. Just remember that comparing more quotes increases the change that you will find better pricing. Some smaller insurers to not give online price quotes, so you should also compare rates on coverage from those companies, too.

How insurance providers calculate Subaru WRX insurance rates

Lots of factors are used when premium rates are determined. A few of the factors are predictable like your driving record, although others are less apparent like where you live and annual miles driven.

• Premiums are lower the older you get – Teen drivers are statistically proven to be careless and easily distracted with other occupants in the car so they pay higher auto insurance rates. Older drivers are more responsible, cause fewer claims and accidents and get fewer tickets.
• How much liability protection – The liability coverage on your policy will provide protection if ever a court rules you are at fault for causing damage or personal injury in an accident. This coverage provides legal defense coverage up to the limits shown on your policy. It is affordable coverage compared to insuring for physical damage coverage, so drivers should carry high limits.
• Always keep your auto insurance in place – Driving any period of time without insurance is against the law and any future policy may cost more because you let your insurance coverage expire. In addition to paying higher premiums, not being able to provide proof of insurance may earn you a revoked license or a big fine. You may then have to submit proof of financial responsibility or a SR-22 with your state DMV.
• Rates and your address – Having an address in smaller towns and rural areas of the country can save you money when talking about auto insurance. Fewer drivers and short commutes means fewer accidents in addition to lower liability claims People in densly populated areas have more auto accidents and more severe claims. The longer drive time statistically corresponds to a higher accident and claim rate.
• Remove unneeded extra coverages – There are a ton of extra bells and whistles that may not really be needed if you don’t pay attention. Things like rental car reimbursement, towing, and additional equipment coverage may be wasting your money. They may seem good when deciding what coverages you need, but if you have no use for them remove them from your policy.
• Auto insurance rates and your job – Occupational choices like judges, executives and stock brokers tend to have higher rates than the rest of us because of intense work requirements and incredibly demanding work hours. On the flip side, occupations like scientists, engineers and performers have lower than average premiums on WRX insurance.
• Your credit rating is important – Credit score is a large factor in determining what you pay for auto insurance. Insureds that have good credit tend to be more responsible than drivers who have worse credit. If your credit rating can use some improvement, you could pay less to insure your 2022 Subaru WRX by taking the time to improve your credit score.
• Pay less with a high IIHS safety rating – Safer cars tend to be cheaper to insure. Safer cars help reduce the chance of injuries in an accident and lower injury rates means lower claim amounts and cheaper rates on your policy. If your Subaru WRX scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.

Which policy gives me the best coverage?

When buying proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different.

For example, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

• What vehicles should carry emergency assistance coverage?
• Why do I only qualify for high-risk insurance?
• Is my 2022 Subaru WRX covered for smoke damage?
• When can I cancel my policy?
• Is my dog or cat covered if injured in an accident?
• What is PIP insurance?
• How does medical payments coverage work?
• When does my teenage driver need to be added to my policy?
• Is pleasure use cheaper than using my 2022 Subaru WRX to commute?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, fill out your zip code.

Coverages available on your policy

Having a good grasp of auto insurance helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Coverage for collisions

Collision insurance 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 claims like scraping a guard rail, rolling your car, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as vandalism, damage from flooding and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Subaru WRX.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for immediate expenses for things like EMT expenses, funeral costs, X-ray expenses and dental work. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Liability auto insurance

This protects you from damage or injury you incur to people or other property in an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as loss of income, repair bills for other people’s vehicles, funeral expenses, court costs and structural damage. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

At the end of the day…

When trying to cut insurance costs, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped comprehensive coverage or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase plenty of coverage at an affordable rate and still be able to protect your assets.

Throughout this article, we presented many tips how you can get a better price on 2022 Subaru WRX insurance. It’s most important to understand that the more quotes you get, the better your chances of lowering your prices. You may be surprised to find that the best premium rates are with a company that doesn’t do a lot of advertising.

Discount 2022 Subaru WRX insurance is available both online in addition to local insurance agencies, and you should compare rates from both to have the best selection. Some insurance providers don’t offer rates over the internet and usually these small insurance companies provide coverage only through independent agents.