You’re a smart shopper who likes to get a big bang for your buck, which is why you drive a Subaru WRX. While small, the WRX packs a big punch at an affordable price. The WRX is one of the best-kept secrets in the automotive world. If you’re lucky enough to drive one, it’s important to protect your vehicle with an equally smart and affordable car insurance policy.
Working with an independent agent will help you find multiple insurance quotes and find the perfect combination of protection and price in a Subaru WRX insurance policy.
What Kind of Insurance Do You Need for Your Subaru WRX?
You might think that car insurance is straight forward, but did you know that the Subaru WRX is classified as a sports car? Did you know that a sports cars might require different insurance than a sedan? It’s important to understand each type of insurance and what it’s for. Every state has different laws for minimum coverage, so your agent can help you determine what you need. You may want to consider getting above what is required to have full protection.
Most states mandate the following coverage
Bodily injury liability: No one plans to get in an accident but sometimes accidents happen. If you cause an accident on the road you're liable for the costs associated with any injuries sustained by a third-party involved in the accident. Bodily injury liability coverage is designed to cover these costs. From medical care to lost wages, your insurance will take care of the bills up to your policy limits.
Property damage liability: Unfortunately, there are a lot of things you can run into with your car aside from other vehicles. There are fences, mailboxes, structures, and buildings and all of these are someone's property. If you damage someone else's property with your vehicle, property damage liability insurance pays for the repair or replacement of the damaged property up to your policy limits.
Many states also require this coverage
Medical payments/Personal injury protection: Since your bodily injury liability policy will only cover third-parties, medical payments pays for some of the medical costs associated with injuries that you or your passengers sustain in an accident. It will also pay for lost wages if you or the passenger are unable to return to work.
Uninsured motorist coverage: Even though it's illegal to drive without insurance, many drivers on the road still take the risk every day. This puts other other drivers and you at risk for significant costs resulting from injuries and vehicle damage from an accident you didn’t cause. Uninsured motorist coverage provides reimbursement for these costs. You can also choose to get underinsured motorist coverage, which kicks in when the policy limits of the other driver are insufficient to pay for any losses you sustain.
Collision insurance: If you have a collision with another vehicle or object and your vehicle gets damaged, you could be faced with a hefty bill that is being paid out of pocket unless you have collision insurance.
Comprehensive insurance: In addition to colliding with other vehicles and objects, your Subaru WRX can be damaged by natural disasters, things falling off of trees, and a number of other potential hazards. Comprehensive insurance covers the cost to fix or repair your car in case you experience one of these mishaps.
Glass coverage: Glass coverage can be purchased for a very low monthly premium and covers the cost of windshield repair or replacement for little to no cost out of pocket.
Gap insurance: If you purchase your Subaru WRX from a dealer and take out a loan, you'll be offered gap insurance right at the dealership. In a total loss, you would still be responsible for the remaining payments to your lender. Gap insurance covers the difference between what the car is worth and what you owe. If you turn down gap insurance at the dealer you can still purchase it later. Even if you didn't purchase your WRX from a dealer you can ask your independent agent about adding this coverage to your car insurance policy.
What Affects the Cost of Car Insurance for Your Subaru WRX?
The more miles you drive, the higher your premiums will be, since being on the road more means a greater chance that an accident will occur. The average American drivers between 12,000 and 15,000 miles a year.
Anytime you cause an accident or get pulled over for poor driving, you receive demerit points on your record. Insurance companies will look at the number of incidents on your record to determine whether you're a safe driver or not. As you can imagine, the more violations the more likely your insurance is to assume you are a risky driver and therefore will increase your insurance premiums.
Your car’s value
If you total your car, your insurance is responsible for paying you the value of your vehicle. For this reason, the total value of your car plays a role in the cost of insurance. This is why new vehicles tend to cost more to insure than older vehicles. Even though the WRX is a sports car, it's affordable which will play in your favor when shopping for insurance.
|Average price of a Subaru WRX||Insurance cost|
|2017||$20,100 - $28,775||$1,350|
|2018||$21,500 - $39,025||$1,360|
|2019||$24,475 - $33,325||$1,370|
|2020||$26,550 - $36,550||$1,394|
|2021||$27,495 - $41,695||N/A|
The safety of your Subaru WRX
Safety has always been a major factor with the WRX, making it a very smart buy. All trim levels come standard with both traction and stability control as well as front side airbags, side curtain airbags, a driver-side knee airbag and active front head restraints. Anti-lock disc brakes and all-wheel drive are also standard on all models.
In safety crash tests from the Nevada Highway and Traffic Safety Administration (NHTSA) the 2021 Subaru WRX received five-out-five stars on all tests except the overall frontal-crash driver side in which it scored four-out-of-five stars. According to the Insurance Institute for Highway Safety (IIHS), the WRX is worthy of its highest ranking, a "good" in all crash and rollover tests.
Where you live with your Subaru WRX
If you live in a more populated area it's expected that you'll face higher risks when driving than someone who lives in a rural location. You're more at risk of vandalism, theft, and accidents from driving in heavy traffic.
What Is the Average Cost to Insure a Subaru WRX?
The average annual cost for full coverage on a Subaru WRX is $1,394. High-risk drivers can expect to pay much more than that because they are riskier to insure.
|Average Annual Cost to Insure a Subaru WRX||$1,394|
Which states are most affordable and least affordable for car insurance?
Estimated annual car insurance premiums in the United States
|Most expensive states|
|Most affordable states|
The most expensive insurance for Subaru WRX drivers is in Michigan and it's $1,028 more expensive than the national average cost of insurance in the US. North Carolina comes in at the most affordable state where WRX drivers can expect to pay $582 less than the national average for car insurance.
How Can You Save on Subaru WRX Car Insurance?
Insurance companies offer plenty of ways to save you money on car insurance, which include these discounts.
- Good student discount
- Anti-theft device discount
- Affinity discount
- Good driver discount
- Multi-line discount
- Multi-vehicle discount
Choosing a higher deductible may also help you save money on your monthly premiums.
Top Insurance Companies That Insure the Subaru WRX
No two insurance companies are exactly alike, meaning it’s important to select an insurer that fits your needs. The US Independent Insurance Agent Satisfaction Study by J.D. Power awarded the following companies high marks.
Your independent insurance agent will help you shop for coverage and find a company that meets your needs as a driver.
Where to Find Insurance for the Subaru WRX
Subaru is a well-established brand with a rock-solid reputation for reliability. The WRX is a smart buy, packing in tons of performance and safety features at a fantastic price. Protecting your WRX should be a high priority, and savvy insurance shoppers recognize the value of independent agents.
TrustedChoice.com independent agents can help you sort through multiple insurance quotes, recommend coverage levels, and do all of the legwork for you. All you have to do is decide which policy best fits your coverage needs and budget.
Make the smart decision and contact an independent agent today about a Subaru WRX insurance policy.