Compare Subaru Legacy Insurance Quotes in Bakersfield

It’s safe to assume that insurance companies don’t want you to look at other companies. Drivers who compare other prices will most likely switch auto insurance companies because of the high probability of finding a lower-priced policy. A study discovered that people who shopped around every year saved approximately $3,500 over four years compared to those who never shopped around for lower prices.

If finding the lowest rates on Subaru Legacy insurance in Bakersfield is the reason for your visit, then having some insight into how to find and compare insurance coverage can make it easier for you to save money.

The best way we recommend to find more affordable auto insurance rates is to compare prices annually from different companies in Bakersfield. Prices can be compared by following these guidelines.

Step 1: Read and learn about individual coverages and the things you can change to prevent expensive coverage. Many rating criteria that are responsible for high rates like at-fault accidents and a not-so-good credit history can be amended by making lifestyle changes or driving safer.

Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like GEICO and Allstate, while agents who are independent can give you price quotes from multiple companies.

Step 3: Compare the price quotes to your existing policy to see if switching to a new carrier will save money. If you find a lower rate, make sure there is no lapse in coverage.

Step 4: Provide notification to your current company of your intent to cancel your current auto insurance policy. Submit payment along with a signed and completed policy application to your new insurance company. Immediately place the new certificate verifying coverage with your vehicle’s registration.

A valuable tip to remember is to use similar coverage information on every quote request and and to get quotes from as many car insurance companies as possible. This guarantees a fair price comparison and a complete price analysis.

Detailed insurance information

The price information displayed below highlights a range of coverage costs for Subaru Legacy models. Having insight into how auto insurance policy rates are established can help you make informed coverage decisions.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Prices do not factor in specific zip code location which can affect insurance rates substantially.

Rate comparison for different deductibles

One frequently asked question is where to set your physical damage deductibles. The rates below may help to illustrate the rate fluctuation when you choose different policy deductibles. The first set of prices uses a $100 deductible for comp and collision and the second pricing table uses a $1,000 deductible.

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

We can estimate from the data above that using a $100 deductible costs roughly $50 more each month or $600 each year than choosing the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 18 months between claims, you would come out ahead going with the higher deductible.

The chart below shows how choosing a deductible and can increase or decrease Subaru Legacy insurance prices for different age groups. The data assumes a married male driver, comp and collision included, and no discounts are applied.

Liability only or full coverage

The example below shows the comparison of Subaru Legacy insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in California. The prices are based on no claims or driving violations, $100 deductibles, single marital status, and no discounts are taken into consideration.

Deciding between full coverage and liability only

There isn’t a written rule of when to exclude comp and collision coverage, but there is a guideline you can use. If the annual cost of coverage is 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let’s pretend your Subaru Legacy claim settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $6,000 after paying your deductible. If you are paying over $600 annually for full coverage, then it could be time to drop full coverage.

There are a few situations where removing full coverage is not a good plan. If you still have a lienholder on your title, you have to carry full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage.

Informed Drivers Can Reduce Their Insurance Costs

Consumers need to have an understanding of the factors that play a part in calculating the price you pay for car insurance. If you understand what influences your rates, this allows you to make good choices that can help you get lower car insurance prices.

• Does car insurance cost less for women? – Statistics have proven that females take fewer risks when driving. This data doesn’t prove that women are better drivers. Males and females get in accidents in similar percentages, but the men tend to have more serious accidents. Not only are claims higher, but men get more serious tickets like driving under the influence (DUI). Males from age 16 to 21 are several times more likely to be in an accident and therefore are the most expensive to insure.

  The information below shows the comparison of Subaru Legacy insurance premiums for male and female drivers. The premium estimates are based on no driving violations, no at-fault accidents, full coverage, $100 deductibles, single marital status, and no additional discounts are factored in.

• Can a thief steal your car? – Choosing a vehicle that has a built-in theft deterrent system can help bring down rates. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart your vehicle from being stolen.
• Allowing your policy to lapse raises premiums – Having an insurance coverage lapse is a sure-fire way to pay more for car insurance. And not only will your rates increase, being ticketed for driving with no insurance can result in a fine, jail time, or a revoked license. You could then be forced to submit proof of financial responsibility or a SR-22 with the California motor vehicle department to get your license reinstated.
• Don’t cut corners with liability insurance – The liability section of your policy kicks in if ever you are ruled to be at fault for physical damage or personal injury to other. Liability insurance provides legal defense which can cost a lot. It is affordable coverage compared to insuring for physical damage coverage, so buy as much as you can afford.

• Rates increase with driving citations – Careful drivers get better rates than people who have multiple driving citations. Getting just one driving citation may increase your cost twenty percent or more. Drivers who have received multiple citations such as reckless driving, hit and run or driving under the influence might be required by their state to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.

  The chart below demonstrates how speeding tickets and accidents can drive up Subaru Legacy premium costs for different categories of driver ages. The data is based on a married male driver, full coverage, $250 deductibles, and no additional discounts are factored in.

• Your stress level may be raising your rates – Did you know your career choice can influence rates? Jobs like military personnel, social workers, and accountants tend to pay higher premiums than the average policyholder because of job stress and lengthy work days. On the other hand, occupations like professors, engineers and homemakers pay the least.

• Subaru Legacy historical loss data – Auto insurance companies take into consideration historical loss data for every vehicle when setting rates for each model. Models that have higher frequency or amount of claims will cost more to insure. The next table illustrates the insurance loss data used by companies for Subaru Legacy vehicles.

  For each insurance policy coverage type, the claim probability for all vehicles averaged together is set at 100. Numbers shown that are under 100 represent a good loss history, while values that are above 100 point to more frequent losses or tendency to have larger claims.

  
  

  Insurance Loss Ratings for Subaru Legacy Vehicles

  Specific Subaru 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
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Shop around and save

Drivers switch companies for many reasons like delays in responding to claim requests, policy non-renewal, questionable increases in premium or even high rates after DUI convictions. Whatever your reason, choosing a new company can be easy and end up saving you some money.

In this article, we presented a lot of information how to find lower-cost Subaru Legacy insurance in Bakersfield. The key concept to understand is the more companies you get auto insurance rates for, the more likely it is that you will get a better rate. Consumers may even find the lowest rates come from an unexpected company.

More affordable car insurance in Bakersfield can be sourced from both online companies and from local insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance providers don’t offer the ability to get quotes online and most of the time these regional insurance providers only sell through independent insurance agencies.

To read more, feel free to visit these articles:

• Understanding Your Insurance Deductible (Insurance Information Institute)
• Who Has Cheap Car Insurance Rates for Felons in Bakersfield? (FAQ)
• How Much are Car Insurance Rates for 17 Year Olds in Bakersfield? (FAQ)
• How Much are Bakersfield Auto Insurance Quotes for First-time Drivers? (FAQ)
• Who Has Affordable Auto Insurance Quotes for Good Drivers in Bakersfield? (FAQ)
• Steps to Take After an Auto Accident (Insurance Information Institute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
• Booster Seat Ratings (iihs.org)
• Teen Driving and Texting (State Farm)