I can’t think of a single person who looks forward to buying auto insurance, especially when the cost is too high.
A recent study showed that about 70% of customers kept their policy with the same company for well over three years, and approximately 40% of consumers have never quoted rates to find cheaper coverage. With the average premium in Arizona being $1,578, drivers could cut their rates by as much as 50% a year, but they don’t want to take the time to compare rate quotes. Many car insurance companies vie for your insurance dollar, and because of this it can be hard to compare car insurance companies and get the best coverage at the lowest cost out there.
How Your Impreza Insurance Premiums are Determined
Many factors are part of the calculation when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, although others are not as apparent such as your marital status or how safe your car is. A large part of saving on auto insurance is knowing a few of the rating criteria that aid in calculating the price you pay for auto insurance. When consumers understand what determines base rates, this allows you to make educated decisions that will entitle you to big savings.
The following are some of the most common factors companies use to determine your premiums.
- Gals pay lower prices – Over time, data shows that men are more aggressive behind the wheel. That doesn’t necessarily mean that females are better at driving than males. They both tend to get into auto accidents at a similar rate, but the males have costlier accidents. Not only that, but men also get more serious tickets like DUI and reckless driving.
- Being married is a good thing – Having a spouse can actually save you money on your auto insurance bill. It generally demonstrates drivers are more mature than a single person and it’s statistically proven that married drivers tend to file fewer claims.
- Certain employers raise prices – Careers such as military generals, police officers, and emergency personnel have higher rates than average due to intense work requirements and lots of time spent away from family. On the flip side, jobs like professors, historians and retirees pay lower than average rates.
- How many miles do you drive? – The higher the mileage driven each year the higher your rate. Most companies charge to insure your cars determined by how the vehicle is used. Autos used primarily for pleasure use qualify for better rates than those used for commuting. An improperly rated Impreza may be wasting your money. Verify your auto insurance coverage properly reflects annual mileage.
- Bundling policies can get discounts – Most insurers provide better rates to customers who carry more than one policy. It’s known as a multi-policy discount. If you currently are using one company, it’s in your best interest to compare other Phoenix Impreza insurance rates to help ensure you have the lowest rates. Drivers may still find a better deal even if you have your coverage with different companies
- How your age affects rates – Teenage drivers in Arizona are known to be inattentive and easily distracted in a vehicle so auto insurance rates are higher. Adding a teenage driver onto your auto insurance can be very expensive. Older insureds have been proven to be more responsible, cost insurance companies less in claims, and receive fewer citations.
- Loss probability for a Subaru Impreza – Car insurance companies factor in insurance loss information when determining insurance rates. Models that are shown to have higher losses will have a higher premium rate. The next table shows the collected loss data for Subaru Impreza vehicles.
For each coverage category, the claim probability for all vehicles, as an average, equals 100. Percentage numbers below 100 suggest a better than average loss history, while numbers shown that are more than 100 indicate a higher chance of having a claim or tendency to have larger claims.
Subaru Impreza Insurance Claim Statistics
Specific Subaru Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Subaru Impreza 4WD 96 80 110 79 78 81
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The car insurance companies shown below can provide price comparisons in Phoenix, AZ. If the list has multiple companies, we suggest you visit as many as you can in order to find the cheapest rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Impreza 2.5I 4WD Station Wagon||$110||$168||$282||$16||$84||$660||$55|
|Impreza 2.5I 4WD Station Wagon||$222||$376||$338||$20||$102||$1,058||$88|
|Impreza Outback Sport 4WD Station Wagon||$178||$324||$282||$16||$84||$884||$74|
|Impreza 2.5I AWD 4-Dr||$224||$402||$338||$20||$102||$1,086||$91|
|Impreza 2.5I Premium Package AWD 4-Dr||$264||$506||$308||$18||$92||$1,188||$99|
|Impreza WRX 4WD Station Wagon||$224||$450||$338||$20||$102||$1,134||$95|
|Impreza 2.5 GT 4WD Station Wagon||$280||$520||$390||$24||$116||$1,330||$111|
|Impreza WRX AWD 4-Dr||$224||$440||$282||$16||$84||$1,046||$87|
|Impreza 2.5I GT AWD 4-Dr||$312||$714||$390||$24||$116||$1,556||$130|
|Impreza WRX STI 4WD Station Wagon||$262||$526||$404||$24||$122||$1,338||$112|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Rates do not factor in specific location which can impact premiums substantially.
Full coverage versus liability only rates
The information below shows the comparison of Subaru Impreza yearly insurance costs with full coverage and liability only. The rates are based on no claims or driving citations, $1,000 deductibles, single female driver, and no other discounts are factored in.
Guidelines for dropping full coverage
There is no set guideline for eliminating physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s pretend your Subaru Impreza claim settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying your deductible. If premium cost is more than $800 annually for full coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where only buying liability is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.
How high should deductibles be?
The example below demonstrates how choosing different deductibles and can influence Subaru Impreza insurance costs for different age groups. The price estimates are based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.
Premiums by gender and age
The example below visualizes the comparison of Subaru Impreza car insurance rates for male and female drivers. The prices are based on no accidents, no driving violations, full coverage, $500 deductibles, marital status is single, and no discounts are applied to the premium.
Insurance does more than just protect your car
Despite the high cost of buying insurance for a Subaru Impreza in Phoenix, paying for insurance is not optional due to several reasons.
First, just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability in order to drive the car. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a loan, most lenders will make it mandatory that you have comprehensive coverage to protect their interest in the vehicle. If the policy lapses, the bank will be required to insure your Subaru at a more expensive rate and require you to fork over much more than you were paying before.
Third, insurance protects your Subaru and your assets. It also can pay for most medical and hospital costs for yourself as well as anyone injured by you. Liability coverage also pays expenses related to your legal defense in the event you are sued. If you have damage to your Subaru as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of having insurance definitely exceed the price paid, especially for larger claims. An average driver in America is wasting up to $750 every year so compare quotes from several companies every year to be sure current rates are still competitive.
Discounts mean cheaper rates for Subaru Impreza insurance in Phoenix
Insurance can be prohibitively expensive, but you may find discounts that can help lower your rates. Certain reductions will be credited when you get a quote, but once in a while a discount must be specially asked for in order for you to get them. If you are not receiving all the discounts you deserve, you could be paying more than you need to.
- Discounts for Government Workers – Being employed by or retired from a federal job may qualify for a discount when you quote Phoenix car insurance but check with your company.
- Clubs and Organizations – Affiliation with qualifying clubs or civic groups could trigger savings on car insurance.
- Paperwork-free – A few larger companies will discount your bill up to fifty bucks for buying a policy and signing up online.
- Drivers Education – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class as it will make them better drivers and lower rates.
- Defensive Driver – Successfully completing a class that teaches defensive driver techniques is a good idea and can lower rates and also improve your driving technique.
- No Charge for an Accident – This one is not really a discount per se, but some companies like Libery Mutual, GEICO and Allstate will allow you to have one accident before hitting you with a surcharge so long as you are claim-free for a specific time period.
- Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the whole policy. Most only cut the cost of specific coverages such as comprehensive or collision. So when the math indicates you can get free auto insurance, it doesn’t quite work that way.
A partial list of companies that may offer these money-saving discounts possibly include:
Before purchasing a policy, check with every company what discounts are available to you. All car insurance discounts may not apply to policyholders in Phoenix. To locate providers with significant discounts in Phoenix, click here to view.
You may need advice from an insurance agent
Some people prefer to get professional advice from a licensed agent and that is recommended in a lot of cases Experienced insurance agents are trained to spot inefficiencies and help submit paperwork. A good thing about getting online price quotes is that drivers can save money and get the lowest rates but also keep your business local. Buying insurance from small agencies is especially important in Phoenix.
To make it easy to find an agent, after completing this quick form, the quote information is emailed to insurance agents in Phoenix that can give you free Phoenix car insurance quotes for your coverage. It simplifies rate comparisons since you won’t have to contact an agency because quoted prices will be sent to you. If for some reason you want to quote rates for a specific company, feel free to jump over to their website and complete a quote there.
If you want to buy auto insurance from a reputable insurance agent or broker, you need to know there are two types of agencies that you can select. Auto insurance agents in Phoenix are either independent agents or exclusive agents. Either can do a good job, but it’s good to learn why they differ since it could factor into the selection process.
Independent Auto Insurance Agents (or Brokers)
Agents that elect to be independent are not required to write business for one company so they can insure your vehicles with an assortment of companies and help determine which has the cheapest rates. If your agent finds better pricing, they simply switch companies in-house which is easy for the insured.
When shopping rates, you will want to check rates from a few independent agents to have the best price comparison.
Featured below is a short list of independent agents in Phoenix that may be able to give you price quotes.
Exclusive Auto Insurance Agencies
Exclusive insurance agents can only write with one company like Allstate, State Farm and Farmers Insurance. They generally cannot provide prices from multiple companies so always compare other rates. Exclusive agents receive extensive training on their company’s products which helps offset the inability to provide other markets.
Listed below are exclusive insurance agencies in Phoenix who can help you get comparison quotes.
Andy Carrillo – State Farm Insurance Agent
4713 E Southern Ave – Phoenix, AZ 85042 – (602) 426-8088 – View Map
Gunther Perdomo Llana – State Farm Insurance Agent
2040 E Bell Rd #110 – Phoenix, AZ 85022 – (602) 971-8488 – View Map
Choosing the best car insurance agent is decision based upon more than just a cheap price quote. These are some questions you should get answers to.
- What discounts might you be missing?
- How are they compensated?
- What company holds the largest book of business for them?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Do they have a Better Business Bureau rating in Phoenix?
- Which family members are covered?
- Does the agency provide any after hours assistance?
After you get answers to your satisfaction to all your questions and a low price estimate, it’s a good possibility that you have found an insurance agency that meets the requirements to properly insure your vehicles.
Will just any policy work for me?
When it comes to choosing proper insurance coverage for your vehicles, there is no one size fits all plan. Every insured’s situation is different.
These are some specific questions might point out if your situation might need an agent’s assistance.
- Is my teen driver covered when they drive my company car?
- When would I need additional glass coverage?
- What if an uninsured driver hits me?
- Is my custom paint covered by insurance?
- Can I get a multi-policy discount?
- Can I use my car for my catering business?
- Do I have coverage if I rent a car in Mexico?
- I have health insurance so do I need medical payments coverage?
- Do I need to file an SR-22 for a DUI in Arizona?
- Should I rate my Subaru Impreza as pleasure use or commute?
If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It is quick, free and you can get the answers you need.
Cheaper insurance rates are possible
You just read many ways to compare Subaru Impreza insurance premium rates in Phoenix. The key thing to remember is the more price quotes you have, the better your chances of lowering your prices. You may even discover the biggest savings come from a lesser-known regional company.
People switch companies for a variety of reasons including questionable increases in premium, unfair underwriting practices, policy cancellation and even high prices. It doesn’t matter why you want to switch finding a new insurance company is less work than it seems.
When getting Phoenix car insurance quotes online, never buy lower coverage limits just to save a few bucks. There are too many instances where an accident victim reduced collision coverage and learned later that it was a big error on their part. The goal is to purchase a proper amount of coverage at the best price, but do not sacrifice coverage to save money.
- Alcohol Impaired Driving FAQ (iihs.org)
- Who Has Affordable Auto Insurance for a Honda Civic in Phoenix? (FAQ)
- What Insurance is Cheapest for Infrequent Drivers in Phoenix? (FAQ)
- What Auto Insurance is Cheapest for a Hyundai Elantra in Phoenix? (FAQ)
- Who Has the Cheapest Phoenix Auto Insurance Quotes for Low Credit Scores? (FAQ)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Car Insurance: When not to Skimp (BankRate.com)