Cheap Quotes for Subaru Impreza Insurance in Tampa

Are you sick of overpaying and want low-cost Subaru Impreza insurance in Tampa? Sick and tired of sacrificing other expenses to keep your car insured? Your situation is no different than many other consumers in Florida.

It’s hard to believe, but most auto insurance buyers have bought auto insurance from the same company for well over three years, and nearly half have never shopped around. Most drivers in Tampa can cut their rates by roughly 55% a year, but they feel it’s too difficult to find cheap auto insurance rates. Numerous insurers battle for your business, and because of this it can be hard to compare car insurance companies and get the definite cheapest price on Subaru Impreza insurance in Tampa.

Subaru Impreza insurance statistics and information

The premium information shown next covers estimates of rate quotes for Subaru Impreza models. Learning more about how insurance policy premiums are formulated can aid in making informed coverage decisions.

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Premium amounts do not factor in specific zip code location which can impact rates greatly.

Physical damage deductibles

A question often asked by Tampa drivers is which deductible level should you buy. The following insurance rates can help show the rate fluctuation when you select higher and lower policy deductibles. The first set of prices uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Table data does not factor in your specific Tampa location which can raise or lower auto insurance rates substantially.

We can estimate from the data above that using a $100 deductible costs about $31 more each month or $372 for a full year than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 13 months between claims, you would probably come out ahead if you choose the higher deductible.

One thing to be aware of is that higher deductibles means you will have to pay more of your own money when you have a physical damage claim. That will require a higher level of savings in order to pay the deductible for vehicle repair.

The chart below demonstrates how deductible levels and can impact Subaru Impreza annual premium costs for different ages of insureds. The costs are based on a married female driver, comp and collision included, and no discounts are applied to the premium.

Careless Tampa drivers pay higher rates

The example below shows how traffic citations and fender-benders increase Subaru Impreza insurance prices for different categories of driver ages. The data assumes a single female driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.

Car insurance rates by gender and age

The diagram below visualizes the comparison of Subaru Impreza annual premium costs for male and female drivers. The data is based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Rate difference between full and liability-only coverage

The information below visualizes the comparison of Subaru Impreza auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Florida. The rates are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no policy discounts are applied.

When to eliminate full coverage

There is no definitive rule that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, then it might be time to buy liability only.

For example, let’s pretend your Subaru Impreza settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $4,000 after you pay the deductible. If you are paying in excess of $400 annually for physical damage coverage, then you might want to think about dropping full coverage.

There are some circumstances where dropping full coverage is not advised. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage.

Insurance discounts help lower rates for Subaru Impreza insurance in Tampa

Companies that sell car insurance don’t necessarily list all possible discounts in a way that’s easy to find, so we took the time to find a few of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy Tampa car insurance online. If they aren’t giving you every credit possible, you are just wasting money.

• Lower Rates for Military – Being deployed in the military may lower your insurance rates slightly.
• Claim-Free Discount – Claim-free drivers get the best insurance rates as compared to drivers with a long claim history.
• Sign Online – Many insurance companies will discount your bill up to fifty bucks just for signing your application on the web.
• Student Discounts – A discount for being a good student may save as much as 25% on a Tampa car insurance quote. The discount lasts up to age 25.
• Telematics Data Discounts – Drivers that enable driving data collection to scrutinize vehicle usage by using a small device installed in their vehicle such as Progressive’s Snapshot may get a rate reduction if they are good drivers.
• Drivers Education – Have your child enroll and complete driver’s education as it will make them better drivers and lower rates.
• Multi-Vehicle Discounts – Buying a policy with several vehicles with one company qualifies for this discount.

Consumers should know that some of the credits will not apply to all coverage premiums. The majority will only reduce individual premiums such as comprehensive or collision. Despite the appearance that all the discounts add up to a free policy, nobody gets a free ride.

The diagram below illustrates the difference between Subaru Impreza car insurance costs with and without discounts being applied to the rates. The information is based on a male driver, no claims or driving citations, Florida state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, multi-policy, multi-car, and homeowner discounts applied.

A few companies that may offer quotes with these discounts include:

• Progressive
• Farmers Insurance
• Farm Bureau
• State Farm
• GEICO
• SAFECO
• Liberty Mutual

If you need inexpensive Tampa car insurance quotes, ask all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts may not apply to policyholders in Tampa. To see a list of insurers that provide some of the discounts listed above in Florida, click here to view.

Auto insurance coverage options for a Subaru Impreza

Learning about specific coverages of a auto insurance policy can be of help when determining the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are the usual coverages available from auto insurance companies.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Subaru Impreza.

Because many people have only the minimum liability required by law (10/20/10), their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for bills such as rehabilitation expenses, pain medications, nursing services, hospital visits and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – This coverage covers damage to your Impreza resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as scraping a guard rail, crashing into a ditch, colliding with a tree, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible on your Impreza in order to get cheaper collision rates.

Liability car insurance – Liability insurance will cover damage that occurs to other people or property that is your fault. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 10/20/10 that means you have $10,000 in coverage for each person’s injuries, a limit of $20,000 in injury protection per accident, and a limit of $10,000 paid for damaged property.

Liability coverage protects against claims such as emergency aid, medical services and medical expenses. How much coverage you buy is a personal decision, but buy higher limits if possible. Florida state law requires minimum liability limits of 10/20/10 but drivers should carry better liability coverage.

The chart below shows why buying minimum limits may not be high enough to cover claims.

Comprehensive insurance – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like rock chips in glass, fire damage, hail damage, theft and vandalism. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Keep this in mind when shopping around

Cheaper car insurance in Tampa can be purchased on the web and from local agencies, and you should compare rates from both to have the best rate selection. A few companies don’t offer online quoting and these regional insurance providers only sell through independent insurance agencies.

We just covered a lot of ways to get a better price on Subaru Impreza insurance in Tampa. The key thing to remember is the more times you quote, the better likelihood of getting the cheapest Subaru Impreza rate quotes. Consumers could even find that the most savings is with some of the smallest insurance companies. Smaller companies often have lower premium rates on specific markets as compared to the big name companies such as Progressive or GEICO.

As you quote Tampa car insurance, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where an insured dropped full coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The aim is to get the best coverage possible at the best possible price and still be able to protect your assets.

How to find low-cost rates for Subaru Impreza insurance in Tampa

It takes a few minutes, but the best way to find better pricing on Subaru Impreza insurance in Tampa is to compare prices at least once a year from insurers in Florida. Prices can be compared by completing these steps.

1. Learn about car insurance and the factors you can control to keep rates in check. Many rating factors that result in higher prices such as inattentive driving and poor credit history can be rectified by making small lifestyle or driving habit changes.
2. Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes for a wide range of insurance providers.
3. Compare the new rate quotes to your existing coverage and see if there is a cheaper rate. If you find better rates and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
4. Notify your company or agent of your intention to cancel your current policy. Submit the signed application along with the required initial payment to the new insurer. Immediately put the certificate verifying proof of insurance with your registration paperwork.

One key aspect when comparing rates is that you’ll want to make sure you compare identical deductibles and limits on each quote request and and to analyze as many companies as feasibly possible. Doing this provides a fair rate comparison and many rates to choose from.

Helpful resources

• Information for Teen Drivers (GEICO)
• Who Has Cheap Auto Insurance Rates After a Speeding Ticket in Tampa? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Drivers Under 25 in Tampa? (FAQ)
• Who Has Cheap Tampa Car Insurance for Welfare Recipients? (FAQ)
• What Car Insurance is Cheapest for Inexperienced Drivers in Tampa? (FAQ)
• Vehicle Size and Weight FAQ (iihs.org)
• Distracted Driving Extends Beyond Texting (State Farm)