Want to know an easy way to compare lower-priced Subaru Legacy insurance in Colorado Springs? Finding cheaper prices on Subaru Legacy insurance in Colorado Springs can be slightly frustrating for drivers who have little experience quoting and comparing rates online. With more and more insurance companies available, it can turn into a difficult mission to find the best price in Colorado on Subaru Legacy insurance.
Amazingly, over 70% of drivers kept buying from the same company for over three years, and almost half have never compared auto insurance rates at all. Many drivers in Colorado can save as much as 35% each year by just shopping around, but they underestimate the amount of money they would save if they switched.
How do Insurance Companies Determine Subaru Legacy Insurance Rates?
Lots of factors are used in the calculation when you get a price on insurance. Some are obvious like a motor vehicle report, but other factors are not as apparent such as your credit history or how financially stable you are.
Car plus home equals more savings - The majority of insurers will award better rates to buyers who buy several policies from them in the form of a multi-policy discount. The discount can be five, ten or even twenty percent. Even with this discount, drivers will still want to check prices from other companies to help guarantee you have the best rates.
Premiums also based on gender - Over the last 30 years, statistics show that men are more aggressive behind the wheel. Now that doesn't mean females are better at driving than males. Men and women tend to get into fender benders in similar percentages, but guys tend to have more serious accidents. Men also have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 are most likely to cause an accident and therefore are the most expensive to insure.
More traffic equals higher prices - Residing in smaller towns and rural areas of the country is a good thing when talking about auto insurance. Urban drivers tend to have more traffic problems and higher rates of accident claims. Fewer people means fewer accidents and also fewer theft and vandalism claims.
Safer the car lower the rate - Safe vehicles can get you lower premiums. Highly rated vehicles result in less severe injuries and reduced instances of injuries translates directly to fewer claims and lower rates for you. If your Subaru Legacy is rated at least four stars on Safercar.gov or an "acceptable" rating on iihs.org you may qualify for a discount.
Raise your physical damage deductibles for better costs - Comp and collision deductibles define the amount you are willing to pay before a claim is paid by your company. Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your car from damage. A few examples of covered claims would be colliding with a stationary object, damage from fire, and damage from wind. The more of the claim you choose to pay out-of-pocket, the less your auto insurance will be.
Uninterrupted coverage lowers prices - Driving any period of time without insurance can get you a ticket and as a result your rates will increase for letting your coverage lapse. And not only will your rates increase, failure to provide proof of insurance can result in a hefty fine and possibly a revoked license.
Married people drive safer - Getting married may save some money on auto insurance. Having a spouse is viewed as being more mature than a single person and it's statistically proven that married drivers tend to have fewer serious accidents.
Subaru Legacy insurance loss statistics - Insurance companies use historical loss data to help determine prices. Vehicles that tend to have higher number or severity of losses will cost more for coverage.
The next table illustrates the historical insurance loss data for Subaru Legacy vehicles. For each coverage type, the loss probablilty for all vehicles, regardless of make, model or trim level, is set at 100. Values that are below 100 indicate a favorable loss history, while numbers that are greater than 100 point to more losses or an increased chance of larger losses than average.
Subaru Legacy Insurance Loss Statistics
|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|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Compare Colorado Springs Subaru Legacy insurance price quotes
It's important to know that comparing more quotes will enable you to find the best price.
The auto insurance companies shown below offer price quotes in Colorado Springs, CO. If more than one company is shown, we suggest you get price quotes from several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Legacy 2.5I Premium||$332||$448||$304||$18||$92||$1,194||$100|
|Legacy 2.5I Premium||$332||$448||$304||$18||$92||$1,194||$100|
|Legacy 3.6R Premium||$228||$330||$362||$22||$108||$1,050||$88|
|Legacy 2.5I Limited||$264||$380||$338||$20||$102||$1,104||$92|
|Legacy 2.5GT Premium||$362||$608||$388||$22||$116||$1,496||$125|
|Legacy 3.6R Limited||$238||$370||$286||$16||$86||$996||$83|
|Legacy 2.5 GT Limited||$382||$592||$308||$18||$92||$1,392||$116|
|Legacy 2.5 GT Limited||$264||$448||$338||$20||$102||$1,172||$98|
|Legacy 2.5 GT Limited||$322||$534||$280||$16||$84||$1,236||$103|
|Get Your Own Custom Quote Go|
Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Premium costs do not factor in vehicle garaging location which can decrease or increase rates noticeably.
The diagram below demonstrates how choosing different deductibles and can affect Subaru Legacy insurance rates for different ages of insureds. The information is based on a single female driver, comp and collision included, and no additional discounts are factored in.
Male drivers versus female drivers
The diagram below illustrates the difference between Subaru Legacy insurance costs for male and female drivers. The price estimates are based on no accidents or driving violations, full coverage, $100 deductibles, drivers are single, and no policy discounts are applied.
Why auto insurance is not optional
Despite the fact that auto insurance is not cheap in Colorado Springs, paying for auto insurance is mandatory in Colorado but it also protects more than you think.
First, most states have compulsory liability insurance requirements which means you are required to buy a minimum amount of liability coverage in order to be legal. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you took out a loan on your Legacy, almost all lenders will require you to have insurance to protect their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Subaru at an extremely high rate and force you to pay much more than you were paying before.
Third, insurance protects not only your Subaru but also your financial assets. Insurance will also pay for most medical and hospital costs incurred in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you are sued as the result of your driving. If your Subaru gets damaged, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of having auto insurance outweigh the cost, specifically if you ever have a liability claim. Unknowingly, the average driver is overpaying over $865 each year so you should quote your policy with other companies once a year at a minimum to make sure the price is not too high.
Affordable Subaru Legacy insurance rates in Colorado Springs
Some providers don't always list every policy discount in a way that's easy to find, so the list below contains both the well known and the harder-to-find credits available to you.
- E-sign Discounts - A few larger online companies provide a small discount just for signing your application on their website.
- Seat Belts Save - Buckling up and requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
- Discount for Good Grades - Performing well in school may save you up to 25%. This discount can apply until age 25.
- Early Switch Discount - Some car insurance companies reward drivers for switching to them early. You can save around 10% with this discount.
- Waiver for an Accident - Not a discount per se, but some insurance companies will allow you to have one accident before your rates go up as long as you don't have any claims prior to the accident.
- Responsible Drivers - Accident-free drivers could pay up to 40% less compared to rates paid by drivers with frequent claims.
- Driver Safety - Participating in a course teaching safe driver skills could earn you a small percentage discount depending on where you live.
Discounts reduce rates, but you should keep in mind that most discount credits are not given the the whole policy. Most only cut individual premiums such as comp or med pay. If you do the math and it seems like all those discounts means the company will pay you, companies don't profit that way.
Insurance companies that may include many of the previously listed discounts include:
If you need lower rates, check with every company what discounts are available to you. Some discounts may not be available in Colorado Springs. To locate insurance companies with the best Subaru Legacy insurance discounts in Colorado Springs, click here to view.
Comparing quotes from local Colorado Springs insurance agents
Many people would rather get professional advice from a licensed agent and that is recommended in a lot of cases The biggest benefit of price shopping on the web is that you can obtain cheap auto insurance quotes and also buy local. Buying from small agencies is important particularly in Colorado Springs.
By using this simple form, the coverage information is sent to agents in your area who can give free rate quotes for your business. You never need to drive around since price quotes are sent to you directly. It's the lowest rates and work with a local agent. If you want to get a comparison quote from one company in particular, just jump over to their website to submit a rate quote request.
Pick the best car insurance agent in Colorado Springs for you
When searching for a local agent, it's important to understand the different types of agents and how they are slightly different. Auto insurance agencies can be classified as either independent (non-exclusive) or exclusive.
Independent Auto Insurance Agencies
These type of agents are not restricted to one company so they can insure your vehicles with many different companies enabling the ability to shop coverage around. If your premiums go up, the business is moved internally and you stay with the same agent.
If you are comparing rate quotes, it's recommended you contact several independent agencies so that you can do a thorough price comparison. A lot of them also have access to different regional companies which can save you money.
Shown below is a partial list of independent agents in Colorado Springs who may provide pricing information.
- WIN Insurance Agency
3485 Academy Blvd N Ste 101 - Colorado Springs, CO 80917 - (719) 599-9494 - View Map
- CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 - Colorado Springs, CO 80918 - (719) 528-1884 - View Map
- A Better Choice Auto Insurance
1863 N Circle Dr - Colorado Springs, CO 80909 - (719) 667-1301 - View Map
Agents that choose to be exclusive can only provide one company's prices like State Farm, AAA, and Liberty Mutual. Exclusive agents cannot provide other company's prices so it's a take it or leave it situation. Exclusive agencies are usually quite knowledgeable in insurance sales which helps them compete with independent agents. Consumers often purchase coverage from exclusives mostly because of the brand and the convenience of having all coverages with one company.
Listed below is a short list of exclusive insurance agencies in Colorado Springs who can help you get price quotes.
- Allstate Insurance: Wermers Agency Inc
1283 Kelly Johnson Blvd - Colorado Springs, CO 80920 - (719) 471-6777 - View Map
- American Family Insurance - Jim Whitlock Agency LLC
8540 Scarborough Dr Ste 220 - Colorado Springs, CO 80920 - (719) 591-6336 - View Map
- Peter Martinez - State Farm Insurance Agent
106 N Circle Drive - Colorado Springs, CO 80909 - (719) 633-0300 - View Map
Picking the best insurance agency is decision based upon more than just a low price. The questions below may impact your decision as well.
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Does the company use OEM repair parts?
- How long has the business existed?
- How often do they review coverages?
- Can you get a list of referrals?
- Does the agent recommend any additional coverage?
- Do they have cheaper tiers of coverage?
Be persistent and save
Lower-priced Subaru Legacy insurance in Colorado Springs is attainable online and with local Colorado Springs insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some companies do not offer online rate quotes and most of the time these smaller providers prefer to sell through independent agents.
When searching for affordable Subaru Legacy insurance quotes, never sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced full coverage and learned later that the small savings ended up costing them much more. Your goal is to buy enough coverage at an affordable rate.
We just showed you a lot of tips how to compare Subaru Legacy insurance premium rates in Colorado Springs. It's most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the biggest savings come from some of the smallest insurance companies.
More tips and info about insurance is located in the articles below:
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Who Has Cheap Auto Insurance for a Nissan Altima in Colorado? (FAQ)
- Who Has Affordable Colorado Auto Insurance for Business Use? (FAQ)
- Who Has Affordable Colorado Car Insurance for Drivers Over Age 60? (FAQ)
- How Much are Auto Insurance Rates for Drivers Under 21 in Colorado? (FAQ)
- Who Has Affordable Auto Insurance for Teenagers in Colorado? (FAQ)
- Who Has Affordable Auto Insurance for Low Mileage Drivers in Colorado? (FAQ)
- Tools for Teen Driving Safety (State Farm)
- What is Gap Insurance? (Insurance Information Institute)
- Alcohol Impaired Driving FAQ (iihs.org)