Are you at wits end from sacrificing other expenses to keep your car insured? You’re in the same situation as the majority of other drivers in Arizona.
A recent auto insurance study discovered that almost 70% of insureds have bought auto insurance from the same company for over three years, and approximately 38% of consumers have never even shopped around for affordable coverage. Drivers in Phoenix can save roughly 50% each year just by comparing rates, but they just don’t want to compare rate quotes.
Companies like State Farm, Progressive and GEICO promote their brand names with ads and it is difficult to ignore the flashy ads and do the work needed to find the best deal.
You should take the time to get comparison quotes periodically because prices fluctuate regularly. Even if you got the best rates on Subaru Legacy insurance in Phoenix two years ago there is a good chance you can find better rate quotes now. You can find a lot of wrong information about Legacy insurance online, but you can learn some solid techniques on how to reduce your auto insurance bill.
Determine discounts on Phoenix insurance
Insurance is neither fun to buy or cheap, but you may find discounts that could drop your premiums quite a bit. Certain reductions will be credited at the time of quoting, but a few must be asked about before you get the savings.
- Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% depending on your company.
- Drive Safe and Save – Accident-free drivers may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
- Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
- Seat Belts Save – Drivers who require all occupants to wear their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
- Discount for Passive Restraints – Vehicles with factory air bags or motorized seat belts may get savings of 25 to 30%.
- Discounts for New Vehicles – Buying insurance coverage on a new vehicle is cheaper since newer vehicles have better safety ratings.
- Smart Student Discounts – Excelling in school can save 20 to 25%. Many companies even apply the discount to college students up to age 25.
Remember that most credits do not apply to the entire cost. Most only reduce specific coverage prices like comp or med pay. So despite the fact that it appears you could get a free insurance policy, you’re out of luck.
A few of the larger companies and some of the discounts are detailed below.
- The Hartford discounts include defensive driver, driver training, vehicle fuel type, air bag, anti-theft, and bundle.
- American Family may include discounts for defensive driver, mySafetyValet, bundled insurance, early bird, good student, and accident-free.
- Progressive policyholders can earn discounts including good student, multi-vehicle, online quote discount, online signing, continuous coverage, multi-policy, and homeowner.
- Travelers may have discounts that include home ownership, good student, hybrid/electric vehicle, save driver, and continuous insurance.
- Farmers Insurance has savings for electronic funds transfer, business and professional, alternative fuel, good student, bundle discounts, and distant student.
- USAA includes discounts for loyalty savings, new vehicle, safe driver, driver training, and vehicle storage.
- Liberty Mutual offers discounts including safety features, exclusive group savings, multi-policy, hybrid vehicle, newly retired, teen driver discount, and new vehicle discount.
When quoting, ask all the companies which discounts you may be entitled to. Savings might not be offered on policies everywhere. For a list of companies with discount rates in Arizona, click here to view.
The quickest method we recommend to compare policy rates for Subaru Legacy insurance in Phoenix takes advantage of the fact almost all companies actually pay money for the chance to give you rate quotes. To start a quote, the only thing you need to do is take a few minutes to give details like whether you are single or married, your occupation, whether your vehicle is owned or leased, and the make and model of your vehicles. The data is submitted instantly to many different companies and they return quotes very quickly.
To find lower lower-cost Subaru Legacy insurance rates now, click here and enter the information requested.
The companies shown below can provide price quotes in Arizona. If several companies are displayed, we recommend you click on several of them in order to find the most competitive rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Legacy 2.5I Premium||$204||$324||$288||$18||$86||$920||$77|
|Legacy 2.5I Premium||$230||$308||$260||$16||$78||$892||$74|
|Legacy 3.6R Premium||$326||$428||$262||$16||$78||$1,110||$93|
|Legacy 2.5I Limited||$396||$574||$344||$20||$102||$1,436||$120|
|Legacy 2.5GT Premium||$366||$460||$334||$20||$100||$1,280||$107|
|Legacy 3.6R Limited||$226||$290||$334||$20||$100||$970||$81|
|Legacy 2.5 GT Limited||$308||$520||$332||$20||$100||$1,280||$107|
|Legacy 2.5 GT Limited||$350||$632||$308||$18||$92||$1,400||$117|
|Legacy 2.5 GT Limited||$276||$474||$288||$18||$86||$1,142||$95|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Rate quotes do not factor in Phoenix location which can affect coverage rates considerably.
Violations and accidents raise rates
The chart below highlights how traffic violations and accident claims can impact Subaru Legacy annual premium costs for different age groups. Data assumes a married female driver, full coverage, $1,000 deductibles, and no other discounts are factored in.
Price comparison of only insuring for liability
The illustration below illustrates the difference between Subaru Legacy insurance rates with full physical damage coverage and with liability coverage only. The premiums are based on no claims or driving citations, $250 deductibles, single male driver, and no other discounts are factored in.
When to drop comp and collision
There is no set guideline for excluding full coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
For example, let’s say your Subaru Legacy claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $5,000 after paying your policy deductible. If it’s costing you more than $500 a year for full coverage, then you may want to consider only buying liability coverage.
There are a few cases where only buying liability is not a good idea. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.
How Car Insurance Companies Calculate Subaru Legacy Insurance Premiums
Many things are considered when pricing auto insurance. Some are pretty understandable like a motor vehicle report, but some are not quite as obvious such as whether you are married and annual miles driven. When buying car insurance it’s important to understand a few of the rating criteria that go into determining your premiums. When consumers understand what impacts premium levels, this enables you to make decisions that may result in big savings.
- Advanced theft deterrents – Choosing a vehicle with an alarm system can help lower your premiums. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent your car from being stolen.
- Fast cars cost more to insure – The performance level of the vehicle you are buying insurance for makes a significant difference in the rate you pay. The lowest base rates will normally be found when insuring low performance passenger vehicles, but that’s not the only thing that factors into the final price. Due to the fact that the Subaru Legacy is classified as a sedan, insurance will be about the same as compared to the average rate in Phoenix.
- Lower rates for cars with good safety ratings – Vehicles with high crash test scores cost less to insure. These vehicles reduce the chance of injuries and reduced instances of injuries translates directly to fewer claims passed on to you as lower rates. If your Subaru Legacy has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
- The higher your credit score the lower your prices – Having a bad credit history is likely to be a major factor in calculating your car insurance rates. People with excellent credit scores tend to be more responsible than drivers who have worse credit. Therefore, if your credit score leaves room for improvement, you could be paying less to insure your Subaru Legacy by improving your rating.
- Loss probability for a Subaru Legacy – Companies use data from past claims to calculate a price that offsets possible losses. Models that are shown to have higher claim frequency or loss amount will cost more for coverage. The information below illustrates the collected loss data for Subaru Legacy vehicles.
For each insurance policy coverage type, the claim amount for all vehicles, regardless of manufacturer or model, is represented as 100. Values below 100 indicate a favorable loss history, while values over 100 indicate higher probability of having a loss or an increased probability of a larger loss.
Insurance Loss Ratings for Subaru Legacy Vehicles
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Subaru Legacy 4WD 74 64 115 83 80 76 Subaru Legacy with Eyesight 4WD 71 52 122 71
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Tailor your auto insurance coverage to you
When quoting and choosing insurance from an agent or online for your personal vehicles, there really is no best way to insure your cars. Every insured’s situation is different and your auto insurance should unique, too. These are some specific questions might point out whether your personal situation would benefit from professional advice.
- Will filing a claim cost me more?
- Am I covered when driving in Canada or Mexico?
- Do I need to file an SR-22 for a DUI in Arizona?
- Is my camper covered by my car insurance policy?
- Is my nanny covered when driving my vehicle?
- Should I carry comprehensive and collision coverage?
- Is water damage covered by my policy?
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
Compare rate quotes but buy from a neighborhood Phoenix auto insurance agent
Many people still prefer to buy from a local agent and often times that is recommended An additional benefit of getting free rate quotes online is that you can find the best rates but still work with a licensed agent.
Once you complete this short form, your coverage information gets sent to agents in your area who will give you quotes to get your business. You won’t even need to find an agent on your own as quotes are delivered immediately to you. You can find the lowest rates AND a local agent. In the event you want to get a comparison quote from a specific car insurance provider, just go to their quote page and fill out the quote form the provide.
Picking the best provider requires you to look at more than just a cheap price. Any agent in Phoenix should be willing to answer these questions.
- Is every driver in your family covered?
- Do they review policy coverages at every renewal?
- Can they give you a list of client referrals?
- Will the agent help in case of a claim?
- What are their preferred companies if they are an independent agency?
- Is there any savings for paying the full premium?
Listed below is a list of car insurance companies in Phoenix that are able to give rate quotes for Subaru Legacy insurance in Phoenix.
Severiano Torres III – State Farm Insurance Agent
1820 N 75th Ave #106 – Phoenix, AZ 85035 – (623) 846-0240 – View Map
Why insurance is not optional
Despite the fact that insurance is not cheap in Phoenix, insurance is required by state law in Arizona and it also provides benefits you may not be aware of.
First, most states have mandatory liability insurance requirements which means the state requires specific minimum amounts of liability insurance if you don’t want to risk a ticket. 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 Legacy has a lien holder, it’s guaranteed your bank will make it mandatory that you carry insurance to protect their interest in the vehicle. If you do not keep the policy in force, the bank will be required to insure your Subaru for a lot more money and force you to reimburse them for it.
Third, insurance safeguards both your car and your assets. It also can pay for many types of medical costs incurred in an accident. Liability insurance also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, your policy will pay to repair the damage minus the deductible amount.
The benefits of having insurance more than offset the price you pay, particularly for liability claims. As of last year, the average driver in Arizona is wasting up to $869 every year so compare rate quotes at least once a year to make sure the price is not too high.
A conclusion for your insurance search
You just learned a lot of techniques to lower your Subaru Legacy insurance rates in Phoenix. The most important thing to understand is the more providers you compare, the better likelihood of getting affordable Phoenix auto insurance quotes. You may even find the lowest rates are with the least-expected company. Regional companies may have significantly lower car insurance rates on certain market segments compared to the large companies like State Farm and Allstate.
When getting Phoenix auto insurance quotes online, never skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced uninsured motorist or liability limits only to discover later that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible at the best possible price while still protecting your assets.
Additional information can be read below:
- Avoiding Deer Collisions (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for Drivers with Bad Credit in Phoenix? (FAQ)
- Who Has the Cheapest Phoenix Auto Insurance for Ride Shares? (FAQ)
- Who Has Cheap Phoenix Car Insurance for Seniors? (FAQ)
- Who Has Affordable Auto Insurance Rates for a Nissan Altima in Phoenix? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- Determing Auto Insurance Rates (GEICO)
- Safety Belts FAQ (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)