Subaru Legacy Insurance Quotes in Tampa

It’s an obvious assumption that insurance companies don’t want you to look for cheaper rates. Insureds who rate shop once a year are highly likely to switch companies because there is a significant possibility of finding a lower-priced company. A study showed that consumers who compared rates regularly saved over $3,450 over four years compared to other drivers who never shopped around for cheaper prices.

If finding the lowest price on Subaru Legacy insurance in Tampa is the reason you’re reading this, then having a good understanding how to get rate quotes and compare cheaper coverage can save time, money, and frustration.

It takes a few minutes, but the best way to find cheaper quotes for car insurance rates is to regularly compare price quotes from different companies who sell insurance in Tampa.

Step 1: Try to learn about the coverage provided by your policy and the steps you can take to drop your rates. Many factors that drive up the price like accidents, careless driving, and an unacceptable credit rating can be amended by making small lifestyle or driving habit changes. Later in this article we will cover tips to help prevent high rates and find discounts that may have been missed.

Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from a single company like GEICO or State Farm, while agents who are independent can quote rates for a wide range of companies.

Step 3: Compare the new rates to your current policy and determine if cheaper Legacy coverage is available. If you can save money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.

Step 4: Provide written notification to your current company of your intention to cancel your current policy. Submit the completed application along with a down payment for the new policy. Once coverage is bound, put the new proof of insurance certificate above your visor, in the console, or in the glove compartment.

A tip to remember is that you use identical deductibles and limits on every quote and and to get price quotes from as many companies as you can. This enables a fair price comparison and a thorough selection of prices.

Buying the cheapest auto insurance in Tampa is not that difficult as long as you know where to start. If you currently have a car insurance policy, you will be able to lower your rates using the ideas covered in this article. Smart shoppers just have to know the quickest way to compare different rates over the internet.

What Determines Subaru Legacy Insurance Prices?

Lots of factors are used in the calculation when you get your auto insurance bill. A few of the factors are predictable like your driving record, but others are less apparent such as your marital status and annual miles driven.

The items below are some of the most rate-impacting factors that factor into your premiums.

• Drive less and save – The more miles you rack up on your Subaru in a year the higher the price you pay to insure it. The majority of insurers calculate rates partially by how you use the vehicle. Cars and trucks not used for work or commuting can get a lower rate than those that get driven frequently. An incorrectly rated Legacy can result in significantly higher rates. Double check that your car insurance declarations sheet states the correct usage.

• More performance means more cost – The make and model of the vehicle you own makes a huge difference in your car insurance bill. Economy passenger models usually are quite affordable to insure, but the cost you end up paying is determined by many additional factors.

  The chart below uses these assumptions: married male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It compares Subaru Legacy insurance premiums compared to other models that have a range of performances.

• Your liability insurance limits – A critical coverage on your policy, liability insurance provides coverage if ever you are ruled to be at fault for an accident. Your liability coverage provides you with a defense in court to attempt to prove you were not liable. It is affordable coverage compared to insuring for physical damage coverage, so buy as much as you can afford.
• Rural vs Urban Areas – Choosing to live in a small town has definite advantages when trying to find low car insurance rates. Less people living in that area means less chance of accidents in addition to lower liability claims. Drivers in populated Florida areas have to deal with much more traffic and higher rates of accident claims. More time on the road translates into higher accident risk.
• Employer stress can make you pay more – Do you work in a high-stress field? Jobs such as doctors, police officers, and accountants generally pay the highest rates in part from job stress and long work hours. Other careers such as scientists, athletes and retirees receive lower rates.
• Cheaper premiums with safer cars – Safe vehicles tend to have better insurance rates. Vehicles built for safety result in less severe injuries and any reduction in injury severity means less money paid by your insurance company which can mean better rates for you.
• Marriage is a factor – Having a significant other actually saves money when shopping for car insurance. Having a spouse may mean you are less irresponsible and it’s proven that married couples file fewer claims.

• Cautious drivers pay the best prices – A bad driving record influences premium rates substantially. Having a single citation could increase your next policy renewal by as much as thirty percent. Drivers with clean records have lower premiums as compared to careless drivers. Drivers with severe tickets such as DUI or reckless driving may be required to maintain a SR-22 with the DMV in their state in order to legally drive a vehicle.

  The illustration below shows how traffic citations and accident claims can affect Subaru Legacy insurance prices for each age group. The premium estimates are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.

• Subaru Legacy claim statistics – Companies analyze historical claim data to help calculate premium rates. Vehicles that the data determines to have a trend towards higher claims will be charged more to insure. The next table illustrates the compiled insurance loss statistics for Subaru Legacy vehicles.

  For each policy coverage, the loss probability for all vehicles, regardless of manufacturer or model, is set at 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while values over 100 indicate frequent claims or tendency to have larger claims.

  
  

  Subaru Legacy Insurance Loss Statistics

  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

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

Premium rates and analysis

The price information below highlights a range of insurance rates for Subaru Legacy models. Having a good understanding how rates are figured is important for you to make smart buying decisions.

Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Estimates do not factor in zip code location which can affect coverage prices considerably.

Deductible analysis

One common question asked by Tampa drivers is where to set your physical damage deductibles. The premium rates below can help you understand the costs and benefits when you choose different physical damage coverage deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second set of rates uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Rate information does not factor in Tampa location which can increase or decrease rates substantially.

Based on this data, using a $250 deductible costs roughly $34 more each month or $408 each year than choosing the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at a minimum 22 months between claims, you would save money if you elect the higher deductible.

Car insurance rates based on gender

The chart below shows the difference between Subaru Legacy annual premium costs for male and female drivers. The prices are based on no accidents or driving violations, full physical damage coverage, $1,000 deductibles, single status, and no discounts are applied to the premium.

Lower-cost Subaru Legacy insurance rates in Tampa

Some insurers don’t always advertise the complete list of policy discounts very well, so the below list has both well-publicized as well as the least known discounts that you can inquire about if you buy Tampa auto insurance online.

• Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can stop better under adverse conditions so you can save 10 percent or more.
• Save with More Vehicles Insured – Buying insurance for several vehicles on the same insurance policy can get a discount for every vehicle.
• Employee of Federal Government – Federal government employees can earn a discount up to 10% with select insurance companies.
• Discounts for Cautious Drivers – Drivers without accidents can pay as much as 50% less compared to accident prone drivers.
• Onboard Data Collection – Drivers who elect to allow driving data collection to look at driving habits by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks if they exhibit good driving behavior.
• Online Discount – Some of the larger companies will discount your bill up to fifty bucks for completing your application over the internet.
• Discount for New Cars – Adding a new car to your policy is cheaper since new model year vehicles have better safety ratings.

We need to note that most discount credits are not given to the entire policy premium. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that you can get free auto insurance, companies wouldn’t make money that way.

The diagram below shows the comparison of Subaru Legacy insurance costs with and without discounts applied. The data assumes a female driver, no accidents or driving violations, Florida state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, multi-car, marriage, safe-driver, and homeowner discounts applied.

Auto insurance companies who might offer some of the discounts shown above are:

• Farmers Insurance
• Esurance
• State Farm
• GEICO
• Allstate

Check with every insurance company how you can save money. Some discounts might not apply in your state. If you would like to view insurance companies that offer discounts in Tampa, follow this link.

Persistent drivers can save

We just showed you a lot of information how to lower your Subaru Legacy insurance premium rates in Tampa. The key thing to remember is the more providers you compare, the better likelihood of getting affordable Subaru Legacy insurance quotes. Consumers may even find the best price on car insurance is with a small local company. Smaller companies can often provide lower prices in certain areas compared to the large companies like Progressive and GEICO.

More affordable car insurance in Tampa is attainable both online as well as from insurance agents, so you need to quote Tampa auto insurance with both to have the best selection. Some insurance companies may not provide rates over the internet and most of the time these small insurance companies prefer to sell through local independent agents.

More information

• Get the Right Protection (InsureUonline.org)
• Who Has Affordable Auto Insurance for Unemployed Drivers in Tampa? (FAQ)
• Who Has Cheap Auto Insurance Quotes for State Employees in Tampa? (FAQ)
• Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
• Older Drivers FAQ (iihs.org)