Average Cost For Subaru WRX Car Insurance

Here are the top best Subaru insurance rates public topics compiled and compiled by our team

The insurance costs can vary with every car and model. As of now, the average insurance for Subaru WRX is $1,760 yearly for complete coverage. If you have a look at any average sports car, the insurance may cost upto $ 2,115 per year. On the other hand, WRX could probably save you $409 annually.

The thing about every automobile insurance policy is that the policy cost is lower when the deductibles are higher. However, deductibles should be carefully selected keeping in mind your comfort and how much you can afford. The deductibles and policy costs can differ with age. You may have noticed that the average WRX insurance cost for a 60-year old and a 20-year old are quite different. The former is only $1,522 while the latter is $3,374 annually.

Teenagers are expected to pay more than the senior citizens. Even for teenagers, there may be a chance that a female has to pay less than the cost male pays. For example, if the Subaru WRX insurance for a 19-year old male is around $6,000, then the same for a 19-year old female would be about $5,000. As the age increases, the cost decreases gradually and by the time they are 22-year old, the insurance cost may drop to $4,000 and $3,000 respectively.

Below are some other observations from policies regarding Subaru WRX car insurance that could help you out:

  • High Risk Policies – There are many high-risk policies that require you to buy at a rate higher than ideal cost. Every company can have their own set of conditions but you need to choose the plan that is most suitable for you. For example, if a 30- or 40-year old is required to buy a policy with more than $2,000 cost rate, then it is a high-risk policy. Mostly the policy rates for 30-year old or more is less than $2,000. Such high-risk policies are to be beware of.
  • Discount Policies – This covers any damages to the property that have been caused to another person’s vehicle in a car accident.
  • Uninsured/underinsured coverage – There may be some discounts applicable when certain conditions are met. These discounts can lower the WRX insurance cost for you. If you have a low annual mileage, are a loyal customer, are a senior citizen, have insured your car and house from the same insurance company or any other conditions that may be applicable, you can possibly get discounts on your insurance policy. The discount policy may vary from company to company but they can lower your insurance cost by at least $200.
  • Teenage Drivers – For most of the companies, the teenagers are required to pay the most cost for insurance. But the rate of insurance decreases as the age increases. The average rate for a 16-year old driver with a clean record is $6,126. You need to be prepared for paying a large amount if you are a teenager.
  • Increase Deductibles – You can increase the deductibles to a certain amount which can save you some amount for insurance rates. As a 40-year old driver, if you increase the deductible from $500 to $1000, you can save about $258 per year. You can, of course, increase the amount that is most feasible for you.
  • Credit Scores – In some states, even the credit score can be considered as a factor to evaluate your insurance rate. Having a credit score of 800 may end up benefiting you $268 more than a credit score of 600-700. And vice versa, a lower credit score can cost you $310 more annually.

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