How Much Does 2016 Subaru WRX Car Insurance Cost?

Sick and tired of robbing Peter to pay Paul to pay high auto insurance rates every month? You have the same problem as many other vehicle owners. Companies like Progressive, GEICO and Farmers Insurance constantly bombard you with ad campaigns and it can be hard to see through the deception and effectively compare rates to find the best deal.

You should make it a habit to get comparison quotes at least once a year because prices are rarely the same from one policy term to another. Even if you got the best rate for WRX coverage two years ago there may be better deals available now. There are lots of tips to save on auto insurance online, but by reading this article, you’re going to learn some great ways to slash your auto insurance rates.

If you are insured now or need new coverage, you can use these tips to reduce the price you pay and still get good coverage. Buying car insurance is easy if you know what you’re doing. Vehicle owners just need to learn the tricks to get comparison quotes online.

The quickest method we recommend to compare rate quotes is to know the fact car insurance companies provide online access to compare rate quotes. The only thing you need to do is spend a couple of minutes providing details including how much school you completed, types of safety features, which vehicles you own, and whether the vehicles are used for commuting. That rating data is then sent to multiple companies and they respond with quotes within a short period of time.

Double check you’re getting with these discounts

Insurance coverage is not inexpensive, but there’s a good chance there are discounts that you may not even know about. A few discounts will automatically apply at the time of purchase, but lesser-known reductions have to be requested specifically before they will apply.

  • Professional Organizations – Being in qualifying employment or professional organizations is a good way to get lower rates on your next insurance coverage statement.
  • Discount for Home Ownership – Owning a home may earn you a small savings since owning and maintaining a home is proof of financial responsibility.
  • Discounts for Multiple Vehicles – Purchasing coverage when you have more than one vehicle on one policy can get a discount for every vehicle.
  • Discount for New Cars – Buying insurance coverage coverage on a new vehicle can be considerably cheaper due to better safety requirements for new vehicles.
  • Low Mileage Discounts – Fewer annual miles on your Subaru could be rewarded with better prices on cars that stay parked.
  • Full Payment Discount – By making one initial payment rather than spreading payments over time you could save up to 5%.
  • Good Student – Performing well in school could provide a savings of up to 20% or more. Most companies allow this discount up to age 25.
  • Discount for Life Insurance – Some insurance companies give lower rates if you buy auto and life insurance together.

Policy discounts save money, but most discount credits are not given to the entire cost. Some only reduce individual premiums such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But all discounts should definitely cut your insurance coverage premiums.

The best insurance coverage companies and their offered discounts can be found below.

  • State Farm may offer discounts for multiple autos, Steer Clear safe driver discount, multiple policy, passive restraint, Drive Safe & Save, and good driver.
  • Farmers Insurance may include discounts for switch companies, alternative fuel, electronic funds transfer, multi-car, homeowner, and good student.
  • Progressive has savings for multi-policy, good student, online quote discount, homeowner, online signing, continuous coverage, and multi-vehicle.
  • GEICO policyholders can earn discounts including anti-lock brakes, anti-theft, military active duty, multi-policy, defensive driver, driver training, and federal employee.
  • Auto-Owners Insurance has discounts for paid in full, student away at school, anti-lock brakes, safe vehicle, good student, group or association, and safe driver.
  • The Hartford discounts include anti-theft, air bag, bundle, vehicle fuel type, and driver training.
  • Farm Bureau offers discounts including multi-policy, 55 and retired, renewal discount, driver training, and multi-vehicle.
  • USAA includes discounts for good student, new vehicle, multi-policy, family discount, and annual mileage.

Before buying, ask all companies you are considering which discounts they offer. Some of the earlier mentioned discounts might not be offered in your area. If you would like to see a list of companies who offer cheap insurance coverage quotes, click here to view.

Your situation helps dictate your coverage

When buying adequate coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions might help in determining if your situation would benefit from professional advice.

  • Why does it cost so much to insure a teen driver?
  • Should I sign the liability waiver when renting a car?
  • Is my 2016 Subaru WRX covered for smoke damage?
  • Am I covered by my spouse’s policy after a separation?
  • Do I need replacement cost coverage?
  • What happens if I owe more than my 2016 Subaru WRX is worth?

If you’re not sure about those 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 or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Car insurance coverages for a 2016 Subaru WRX

Knowing the specifics of your policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.

Liability – Liability insurance can cover damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for 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. As an example, you may have policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like loss of income, medical services, repair bills for other people’s vehicles, funeral expenses and bail bonds. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Subaru WRX.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Comprehensive insurance – This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as rock chips in glass, hitting a deer, damage from getting keyed, vandalism and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage – This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a ditch, crashing into a building, rolling your car, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP reimburse you for bills for things like pain medications, prosthetic devices and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comments About 2016 Subaru WRX Insurance

  1. Elsy Blanchard

    Affordable car insurance is a myth. Lifelong resident of New Orleans, LA. Don’t remember every company but I ended up saving about $60 each month. I even had a DUI years ago. Hardly afford to drive anymore.

  2. Monserrate Sanchez

    Do I have to carry car insurance in Virginia?

  3. Nicolas Boyd

    From northwest of Miami, Florida and for me Allstate had the lowest quote. My new agent seems to be really good. Wish I didn’t have to insure at all.

  4. Veta Blake

    This is too expensive. I’m in the north part of Columbus, Ohio. Quoted with Liberty Mutual, Amica, Mercury, and a couple others for my Subaru and saved about $270 a year.

  5. Tonja Lott

    If you have a good history and live in the vicinity of Baton Rouge, Louisiana, check out State Farm. You might save some money. Have a couple speeding tickets too. LOL

  6. Dominick Rasmussen

    FYI in Anchorage, AK try Progressive. I got a good deal.

  7. Ashli Beach

    Liked the article. I’m in the east part of Fort Wayne, IN. Got quotes with State Farm, Encompass, and Hanover for my 2016 Subaru WRX and saved $114 a year. Was with Hanover. I have a teen driver too. :P

  8. Regena Farrell

    I’m looking for cheaper coverage. Lifelong resident of San Jose, California. Not sure of all the companies but I ended up saving about $40 each month. I have several vehicles insured with them.

  9. Blake Perry

    Just my two cents. I’m in the south part of Tulsa, OK. Compared rates from a lot of places. Saved darn near $60 a month. State Farm was the best choice for me.