How long has it been since you compared quotes for the cheapest Subaru WRX insurance in Lubbock? Finding the best price on Lubbock auto insurance probably sounds like a formidable task if you have never used online price comparisons. But keep reading because finding cheaper rates for Subaru WRX insurance in Lubbock is easier than you think.
How to find low-cost rates for Subaru WRX insurance in Lubbock
If you want to save money, the best way to get cheaper Subaru WRX insurance in Lubbock is to compare quotes annually from insurers who provide car insurance in Texas. Price quotes can be compared by following these guidelines.
- Step 1: It will benefit you to learn about the different coverages in a policy and the things you can control to keep rates down. Many risk factors that cause rate increases such as your driving record and a not-so-good credit history can be remedied by making minor changes in your lifestyle.
- Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can give quotes from a single company like Progressive and State Farm, while agents who are independent can quote rates from many different companies.
- Step 3: Compare the new rate quotes to your existing coverage to see if a cheaper rate is available. If you find a lower rate and buy the policy, make sure coverage is continuous and does not lapse.
- Step 4: Provide notification to your current company to cancel your current coverage and submit the required down payment along with the signed application to your new insurance company. Once received, put the proof of insurance paperwork in an accessible location in your vehicle.
One important bit of advice is that you use the same level of coverage on each price quote and and to compare all possible companies. Doing this provides the most accurate price comparison and the best price selection.
Amazingly, the vast majority of consumers renewed their policy with the same company for more than four years, and about 40% of consumers have never compared rates to find cheaper insurance. Lubbock drivers could pocket roughly 70% a year, but they feel it’s too difficult to find cheaper rates by getting comparison quotes.
It’s important to know that comparing a large number of companies helps you find lower pricing.
The providers in the list below are ready to provide price comparisons in Texas. To find the best car insurance in TX, we suggest you visit several of them in order to find the cheapest rates.
You may qualify for discounts for Subaru WRX insurance in Lubbock
Auto insurance companies do not advertise every possible discount in an easy-to-find place, so the list below gives a summary of some of the more common and the harder-to-find discounts you could be receiving when you buy Lubbock car insurance online. If you aren’t receiving every discount available, you may be paying too high a price.
- Claim-Free Discount – Good drivers with no accidents can earn big discounts when compared to insureds who have frequent claims or accidents.
- Include Life Insurance and Save – Select auto insurance companies reward you with better premium rates if you take out a life policy as well.
- Discounts for Good Drivers – Accident-free drivers may save up to 50% more compared to accident prone drivers.
- Multi-Vehicle Discounts – Purchasing coverage when you have multiple cars with one company can get a discount for every vehicle.
- College Student – Youth drivers who are attending college without a vehicle on campus can receive lower rates.
- Early Signing – Select companies give a discount for signing up before your current coverage expires. You can save around 10% with this discount.
- Accident Forgiveness Coverage – This one is not really a discount per se, but a few companies such as Allstate and GEICO allow you one accident without raising rates so long as you haven’t had any claims for a specific time period.
You should keep in mind that most discounts do not apply to the entire cost. A few only apply to specific coverage prices like comprehensive or collision. Just because it seems like it’s possible to get free car insurance, you aren’t that lucky. But any discount will bring down your auto insurance premiums.
To see providers that offer multiple discounts in Lubbock, click here to view.
You Can Change Your Insurance Premiums
Part of the car insurance buying process is learning the rating factors that help determine the price you pay for car insurance. If you have a feel for what determines base rates, this enables you to make decisions that can earn you big savings.
The items below are some of the most common factors car insurance companies consider when setting your rate level.
- Being married can save on car insurance – Your spouse can actually save you money when shopping for car insurance. Marriage usually means you are more mature and responsible and it’s proven that married drivers tend to have fewer serious accidents.
- With age comes lower rates – Older people are proven to be safer behind the wheel, statistically cause fewer accidents, and tend to be get fewer driving tickets. Youthful drivers have been known to be careless and easily distracted behind the wheel so car insurance rates are higher.
- Rates can change based on your address – Living in a rural area is a positive aspect when shopping for auto insurance. Residents of big cities regularly have more aggressive driving styles and longer commutes to work. Fewer drivers on the road translates into fewer accident claims in addition to lower liability claims.
- Does your occupation raise your rates? – Careers like fire fighters, executives, and medical professionals generally pay higher rates than the rest of us attributed to job stress and extremely grueling work hours. On the flip side, occupations like farmers, athletes and performers have lower than average premiums.
Insurance loss data for Subaru WRX vehicles – Insurers analyze claim trends for every vehicle to calculate a rate that will offset losses. Models that the data determines to have higher claim amounts or frequency will cost more for specific coverages. The table shown below demonstrates the insurance loss data for Subaru WRX vehicles.
For each coverage category, the loss probability for all vehicles, without regard to make or model, is equal to 100. Numbers under 100 imply a favorable loss record, while values over 100 show a trend for more claims or statistically larger claims.
Insurance Loss Ratings for Subaru WRX Vehicles Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Subaru WRX 4WD 141 82 158 94 81 84BETTERAVERAGEWORSE
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years