It’s well known that auto insurance companies don’t want customers comparing rates. Insureds who get price comparisons will probably buy a new policy because of the good chance of finding lower prices. A study discovered that consumers who regularly compared price quotes saved over $865 a year compared to other drivers who never shopped around for cheaper prices.
If finding the cheapest price on car insurance in Greensboro is the reason you’re reading this, knowing how to quote prices and compare insurance coverage can make the process less intimidating.
The best way we recommend to find better pricing on auto insurance rates in Greensboro is to compare quotes once a year from insurers who provide car insurance in North Carolina.
- First, spend a few minutes and learn about the different coverages in a policy and the modifications you can make to prevent expensive coverage. Many risk factors that cause high rates such as careless driving and a not-so-good credit history can be controlled by making minor changes to your lifestyle. Keep reading for instructions to get affordable coverage and get discounts that may be available to you.
- Second, compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO and Allstate, while agents who are independent can provide rate quotes from multiple sources.
- Third, compare the new quotes to your current policy to see if a cheaper rate is available in Greensboro. If you find a lower rate and buy the policy, ensure there is no coverage lapse between policies.
- Fourth, give notification to your current company of your decision to cancel your current car insurance policy and submit a down payment along with a completed application to the new company. Don’t forget to keep the new certificate verifying proof of insurance in your vehicle’s glove compartment or console.
An important bit of advice to remember is to try to compare identical deductibles and limits on every quote and and to compare as many companies as you can. Doing this provides a fair rate comparison and a complete rate analysis.
Quoting and comparing the most affordable car insurance coverage in Greensboro is easy if you know what you’re doing. If you already have coverage or need new coverage, you can learn to find better prices and still have adequate protection. Consumers just need to use the quickest way to compare different rates from many different companies.
How You Can Control Subaru Impreza Insurance Prices
One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that come into play when calculating your premiums. When you understand what controls the rates you pay, this empowers consumers to make smart changes that could help you find better insurance rates.
Cheaper rates by bundling – The majority of insurance companies provide better rates to people who consolidate policies with them such as combining an auto and homeowners policy. Even with this discount applied, it’s in your best interest to shop around to make sure you are getting the best deal.
Save money with good credit – Your credit score factor in calculating your premium rate. People with very high credit ratings tend to file fewer claims and have better driving records as compared to drivers with bad credit. So if your credit rating is low, you could save money insuring your Subaru Impreza by taking the time to improve your credit score.
The more you drive the more you pay – The more you drive your Subaru each year the more it will cost to insure it. Almost all companies charge rates based upon how the vehicle is primarily used. Cars not used for work or commuting receive lower rates compared to those used for work or business. Incorrect rating for your Impreza is just wasting money. It’s always a good idea to double check that your insurance coverage shows the correct driver usage.
Keep prices low by being claim-free – Auto insurance companies in North Carolina provide the lowest premiums to people who do not rely on their insurance for small claims. If you file a lot of claims you can definitely plan on higher rates. Insurance coverage is meant to be used in the event of claims that pose a financial burden.
With age comes responsibility – Mature drivers are more cautious drivers, tend to cause fewer accidents, and receive fewer citations. Teen drivers are statistically proven to be inattentive when driving therefore insurance rates are much higher.
The following chart assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Cut rates and deter theft – Driving a car with a theft deterrent system can save you some money. Theft deterrent systems such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent vehicle theft.
Safer cars lower prices – Vehicles with high crash test scores are cheaper to insure. Vehicles built for safety help reduce the chance of injuries in an accident and better occupant protection translates into fewer and smaller insurance claims which can mean better rates for you.
Married people drive safer – Being married helps lower the price when shopping for insurance. Marriage means you’re more stable financially and statistics show being married results in fewer claims.
Subaru Impreza insurance claim data – Insurers use past insurance losses as a way to help calculate a profitable premium price. Vehicles that have high amounts or severity of claims will cost more to insure. The table below demonstrates the loss history for Subaru Impreza vehicles.
For each type of coverage, the loss probability for all vehicles averaged together is considered to be 100. Numbers that are below 100 indicate a favorable loss history, while percentages above 100 point to more losses or tendency to have larger claims.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Subaru Impreza 4WD | 96 | 80 | 110 | 79 | 78 | 81 |
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Most of the larger companies such as Allstate, GEICO and Progressive allow you to get coverage price quotes direct online. Doing online quotes for Subaru Impreza insurance in Greensboro can be done by anyone as you simply enter your required coverages as detailed in the form. After you submit the form the quote system automatically orders your driving record and credit report and generates pricing information. Being able to quote online for Subaru Impreza insurance in Greensboro makes comparing rates easy, and it is imperative to do this if you are searching for a lower rate.
If you want to compare rates using this form now, compare quotes from the companies shown below. If you currently have coverage, we recommend you complete the form with the insurance coverages as close as possible to your current policy. This ensures you are getting a price comparison for the exact same coverage.
The providers in the list below are our best choices to provide quotes in North Carolina. If multiple companies are listed, we suggest you visit as many as you can to find the cheapest auto insurance rates.
Insurance rate breakdown
The premium table displayed below outlines a range of coverage prices for Subaru Impreza models. Understanding more about how car insurance prices are figured is important for drivers to make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Impreza 2.5I 4WD Station Wagon | $244 | $318 | $326 | $20 | $98 | $1,006 | $84 |
| Impreza 2.5I 4WD Station Wagon | $244 | $318 | $326 | $20 | $98 | $1,006 | $84 |
| Impreza Outback Sport 4WD Station Wagon | $244 | $386 | $326 | $20 | $98 | $1,074 | $90 |
| Impreza 2.5I AWD 4-Dr | $276 | $386 | $326 | $20 | $98 | $1,106 | $92 |
| Impreza 2.5I Premium Package AWD 4-Dr | $276 | $456 | $326 | $20 | $98 | $1,176 | $98 |
| Impreza WRX 4WD Station Wagon | $276 | $456 | $326 | $20 | $98 | $1,176 | $98 |
| Impreza 2.5 GT 4WD Station Wagon | $308 | $456 | $326 | $20 | $98 | $1,208 | $101 |
| Impreza WRX AWD 4-Dr | $308 | $524 | $326 | $20 | $98 | $1,276 | $106 |
| Impreza 2.5I GT AWD 4-Dr | $308 | $524 | $326 | $20 | $98 | $1,276 | $106 |
| Impreza WRX STI 4WD Station Wagon | $308 | $524 | $326 | $20 | $98 | $1,276 | $106 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Premium costs do not factor in specific location which can modify price quotes considerably.
Higher deductibles lower rates
When comparing car insurance rates, the most common question is how high or low should comp and collision deductibles be. The following tables determine the rate difference between high and low coverage deductibles. The first data table uses a $100 comprehensive and collision deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Impreza 2.5I 4WD Station Wagon | $214 | $318 | $250 | $14 | $74 | $895 | $75 |
| Impreza 2.5I 4WD Station Wagon | $214 | $318 | $250 | $14 | $74 | $895 | $75 |
| Impreza Outback Sport 4WD Station Wagon | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| Impreza 2.5I AWD 4-Dr | $242 | $386 | $250 | $14 | $74 | $991 | $83 |
| Impreza 2.5I Premium Package AWD 4-Dr | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| Impreza WRX 4WD Station Wagon | $242 | $456 | $250 | $14 | $74 | $1,061 | $88 |
| Impreza 2.5 GT 4WD Station Wagon | $270 | $456 | $250 | $14 | $74 | $1,089 | $91 |
| Impreza WRX AWD 4-Dr | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| Impreza 2.5I GT AWD 4-Dr | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| Impreza WRX STI 4WD Station Wagon | $270 | $524 | $250 | $14 | $74 | $1,157 | $96 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Impreza 2.5I 4WD Station Wagon | $156 | $214 | $250 | $14 | $74 | $708 | $59 |
| Impreza 2.5I 4WD Station Wagon | $156 | $214 | $250 | $14 | $74 | $708 | $59 |
| Impreza Outback Sport 4WD Station Wagon | $156 | $262 | $250 | $14 | $74 | $756 | $63 |
| Impreza 2.5I AWD 4-Dr | $176 | $262 | $250 | $14 | $74 | $776 | $65 |
| Impreza 2.5I Premium Package AWD 4-Dr | $176 | $308 | $250 | $14 | $74 | $822 | $69 |
| Impreza WRX 4WD Station Wagon | $176 | $308 | $250 | $14 | $74 | $822 | $69 |
| Impreza 2.5 GT 4WD Station Wagon | $196 | $308 | $250 | $14 | $74 | $842 | $70 |
| Impreza WRX AWD 4-Dr | $196 | $354 | $250 | $14 | $74 | $888 | $74 |
| Impreza 2.5I GT AWD 4-Dr | $196 | $354 | $250 | $14 | $74 | $888 | $74 |
| Impreza WRX STI 4WD Station Wagon | $196 | $354 | $250 | $14 | $74 | $888 | $74 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Price information does not factor in the specific area where the vehicle is garaged which can impact insurance rates considerably.
Using the data above, we can ascertain that using a $100 deductible will cost you approximately $19 more each month or $228 for a full year across all Subaru Impreza models than opting for the higher $500 deductible. Since you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 21 months between claim filings, you would probably save some money by going with a higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $100 deductibles: | $87 |
| Average monthly premium for $500 deductibles (subtract): | – $68 |
| Monthly savings from raising deductible: | $19 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $19 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
An important thing to remember is that increasing deductibles to lower your rates means you will have to pay more out-of-pocket when you have a comprehensive or collision claim. You must have enough money stashed away in the event you have to pay the deductible.
Impact of citations and accidents on Greensboro insurance rates
The example below shows how traffic citations and at-fault claims can increase Subaru Impreza car insurance costs for each different age category. The price estimates are based on a married male driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.
Do you need full coverage?
The information below illustrates the comparison of Subaru Impreza insurance costs with and without physical damage coverage. The data assumes no claims or violations, $1,000 deductibles, single status, and no discounts are applied to the premium.
When to stop buying comprehensive and collision coverage
There is no set guideline of when to stop paying for physical damage coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
For example, let’s say your Subaru Impreza book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $8,000 after paying your policy deductible. If you are paying more than $800 a year for physical damage coverage, then you may need to consider dropping full coverage.
There are some situations where eliminating full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not drop full coverage.
Choosing the best Subaru Impreza insurance in North Carolina is an important decision
Despite the fact that car insurance is not cheap in Greensboro, insurance serves a purpose in several ways.
- Just about all states have compulsory liability insurance requirements which means state laws require specific limits of liability insurance coverage if you don’t want to risk a ticket. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your Subaru Impreza, it’s most likely the lender will require that you have physical damage coverage to guarantee loan repayment. If coverage lapses or is canceled, the lender may insure your Subaru at a significantly higher premium and require you to fork over much more than you were paying before.
- Insurance safeguards both your Subaru and your personal assets. It will also cover most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also covers legal expenses if you are sued as the result of your driving. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.
The benefits of having car insurance definitely exceed the price paid, especially for larger claims. An average driver in America is overpaying over $850 per year so compare quotes from several companies once a year at a minimum to make sure the price is not too high.
Cheap Subaru Impreza insurance rates in Greensboro
Some providers don’t always advertise their entire list of discounts very well, so we break down a few of the more common and the more hidden discounts that may be available. If you do not check that you are getting every discount possible, you are not getting the best rate possible.
- Multi-policy Discount – If you combine your home and auto policies with one insurance company you will save 10% to 20% off each policy.
- Accident Forgiveness Coverage – This isn’t a discount exactly, but companies like GEICO, State Farm, and Progressive allow you one accident before hitting you with a surcharge so long as you haven’t had any claims before the accident.
- Military Rewards – Being on active deployment in the military could trigger a small discount.
- Drivers Education – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in school or through a local driver safety program.
- Discounts for Multiple Vehicles – Insuring multiple vehicles with the same auto insurance company can reduce the rates for all insured vehicles.
- Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you a discount if you purchase a life insurance policy as well.
- Senior Citizen Rates – Mature drivers may receive a discount up to 10%.
- Pay Early and Save – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
It’s important to understand that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as comp or med pay. Even though it may seem like all the discounts add up to a free policy, companies don’t profit that way.
The chart below illustrates the comparison of Subaru Impreza premium costs with and without discounts being applied to the rates. The rates are based on a female driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, safe-driver, homeowner, multi-policy, and claim-free discounts applied.
To view companies who offer online Subaru Impreza insurance quotes in Greensboro, click here.
Local Greensboro car insurance agents and insurance
Certain consumers would rather have an agent’s advice and we recommend doing that Licensed agents can answer important questions and will help you if you have claims. One of the benefits of comparing insurance prices online is that you can find the lowest rates and still buy from a local agent. Putting coverage with small agencies is important particularly in Greensboro.
By using this form (opens in new window), the quote information is transmitted to local insurance agents in Greensboro who will give competitive quotes for your coverage. You won’t even need to contact an agency because prices are sent to you instantly. If you want to get a comparison quote from a particular provider, you can always find their quoting web page and complete a quote there.
Pick the best auto insurance agent in Greensboro for you
If you are wanting to find a local Greensboro insurance agent, it helps to know the two different types of agents that you can select. Agencies in Greensboro are either independent agents or exclusive agents depending on their employer. Either can sell affordable insurance policies, but it is a good idea to know the differences because it can impact the selection process.
Independent Insurance Agents
Agents of this type are appointed with more than one company so they can quote policies with an assortment of companies and find the cheapest insurance rates. If they find a lower price, your agent can switch companies and the insured can keep the same agent.
When shopping rates, it’s recommended you check rates from a few independent agents for maximum quote selection.
Below are independent insurance agencies in Greensboro who may be able to give you free price quotes.
Nationwide Insurance: Samuel M Richberg
3512 Wendover Ave E b – Greensboro, NC 27405 – (336) 375-8600 – View Map
Nationwide Insurance: John A Peterson Jr
1451 S Elm-Eugene St #2119 – Greensboro, NC 27406 – (336) 303-8992 – View Map
Piedmont Triad Insurance, Inc.
7 Battleground Ct Ste. 224 – Greensboro, NC 27408 – (336) 282-5555 – View Map
Exclusive Insurance Agents
These agents can only quote rates from one company like American Family, State Farm, and AAA. Exclusive agents cannot compare other company’s rates so you need to shop around if the rates are high. Exclusive agencies are well schooled on their products and sales techniques which helps offset the inability to provide other markets.
The following are exclusive insurance agencies in Greensboro that can give you price quote information.
Keith Kepler – State Farm Insurance Agent
1603 Westover Terrace a – Greensboro, NC 27408 – (336) 294-4341 – View Map
Allstate Insurance: John L. Palmer
445 Dolley Madison Rd a – Greensboro, NC 27410 – (336) 852-8800 – View Map
Allstate Insurance: Judy T. Slade
1320 Lees Chapel Rd g – Greensboro, NC 27455 – (336) 375-5920 – View Map
Choosing a car insurance agent is decision based upon more than just the quoted price. You should also get answers to these questions.
- Are they primarily personal or commercial lines agents in Greensboro?
- Will their companies depreciate repairs to your car based on the mileage?
- Is insurance their full-time profession?
- Is the agency involved in supporting local community causes?
- Will a damage claim use OEM or aftermarket replacement parts?
- Which company do they place the most coverage with?
- How are they compensated?
- What companies can they write with?
Quote more to save more
The cheapest Subaru Impreza insurance in Greensboro can be sourced both online in addition to many Greensboro insurance agents, and you should compare rates from both so you have a total pricing picture. Some companies don’t offer internet price quotes and many times these smaller providers provide coverage only through local independent agents.
When searching for affordable Greensboro car insurance quotes, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped physical damage coverage to discover at claim time they didn’t purchase enough coverage. The aim is to get the best coverage possible at a price you can afford, but don’t skip important coverages to save money.
More information
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- How Much is Greensboro Car Insurance for Low Mileage Drivers? (FAQ)
- Who Has the Cheapest Greensboro Auto Insurance Quotes for a Jeep Grand Cherokee? (FAQ)
- How Much are Car Insurance Quotes for First-time Drivers in Greensboro? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Low Income Drivers in Greensboro? (FAQ)
- How Much is Auto Insurance for a Nissan Altima in Greensboro? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Hyundai Elantra in Greensboro? (FAQ)
- Auto Insurance Basics (Insurance Information Institute)
- Prom Night Tips for Teen Drivers (State Farm)
- State Car Insurance Guides (GEICO)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)