There’s no question your car is an expensive asset. It pays to have an auto insurance policy that can protect your vehicle in the event of an accident or theft.
Although most of the top insurance providers such as Geico, Allstate, and State Farm offer similar insurance coverage options, their pricing structures may vary considerably. Each carrier has its own set of algorithms used to set rates and, thanks to the multitude of factors looked at, prices may even vary among individuals using the same provider.
Personal information like age, gender, driving history, marital status, safety features, credit score, and location all influence auto insurance rates, but perhaps the most critical variable is the make and model of your vehicle.
How Much Does Subaru WRX Insurance Cost?
Several organizations rate car models on safety, loss rates, and theft records. Insurance companies then use these results to determine your insurance quote.
The Subaru WRX is a small-sized sedan with a turbo engine.
Typically, smaller automobiles have corresponding smaller premiums, but Subaru’s high-performance engine and advanced driving technology may cause the cost of insurance to be higher than other vehicles in its class.
What Factors Affect Subaru WRX Insurance Rates?
Let’s take a look at how vehicle-specific factors may affect your Subaru WRX insurance premiums.
Subaru WRX Safety Rating & Damage Threshold
The National Highway Traffic Safety Administration rates the crashworthiness of vehicles in several categories including overall rating, frontal crash, side crash, and rollover.
The Subaru WRX was only tested in the rollover category. However, it performed quite well for all years tested, obtaining 4 out of 5 stars.
Usually, ratings such as these may cause a decrease in car insurance quotes, but the lack of testing in the other categories doesn’t give car insurance companies much information to go on, so there may not be a noticeable effect.
|Vehicle Name||Overall Rating||Frontal Crash Rating||Side Crash Rating||Rollover Rating|
|2012 Subaru WRX/STI SW AWD||Not Rated||Not Rated||Not Rated||4 out of 5 Stars|
|2014 Subaru WRX/STI SW AWD||Not Rated||Not Rated||Not Rated||4 out of 5 Stars|
|2013 Subaru WRX/STI 4DR AWD||Not Rated||Not Rated||Not Rated||4 out of 5 Stars|
Subaru WRX Safety Discounts
Additional safety equipment can sometimes override poor crash test scores, and the 2018 Subaru WRX received a Top Safety Pick + Award from the IIHS for vehicles equipped with EyeSight and Steering Responsive Headlights.
Even the standard safety systems found on the Subaru WRX, such as anti-lock brakes, airbags, and passive restraints, can result in reduced insurance rates, so make sure to list all installed devices before getting your quote.
Most insurance companies offer safe driver discounts, so be sure to ask how your driving record may impact your bottom line.
Subaru WRX Comprehensive & Collision Coverage
When insurance providers look at how much to charge for collision and comprehensive or full coverage, one of the first things they consider is the cash value of your vehicle.
In the event of a total loss accident or theft, the insurance provider may have to reimburse you for the total value of your car minus your deductible. Having insurance
Therefore, new cars and other automobiles that are fully loaded are commonly costlier to insure.
Kelley Blue Book provides market values for vehicles based upon year, trim style, and add-on options.
For these examples, we have used a ZIP code of 94016 located in San Mateo County close to San Francisco.
The price of a Subaru WRX varies tremendously, so you can expect your insurance rates to likewise change depending on your vehicle’s market value.
|Vehicle Name||Fair Purchase Price||Out-the-door Target Price|
|2014 Subaru WRX/STI SW AWD||24,971||27,906|
|2010 Subaru WRX SW 4D||8,218||9,436|
|2019 Subaru WRX STI Limited||40,901||45,470|
Subaru WRX Claims Frequency & Potential to Cause Damage
Insurance providers also collect data on the frequency of claims per vehicle and their dollar amounts.
The Insurance Institute for Highway Safety rates cars per class and focuses on the following categories: collision, property damage, comprehensive, personal injury, uninsured motorist, medical payment, and bodily injury.
It then measures them against an average score of 100.
The Subaru WRX 4WD received mostly “Average” scores, with a “Worse than Average” in Collision and a “Substantially Worse than Average” in Comprehensive.
The lower scores in these two categories may override the predominantly average ratings for personal injuries and property damage.
Your insurance rates will ultimately depend upon how each provider looks at these separate factors.
Subaru WRX Theft Rate
Your geographical location is very important in calculating your car insurance quote. Auto theft is a real problem, and depending on where you live, the rates on your Subaru may increase.
Vehicles that are frequently stolen leave insurance companies at risk for large comprehensive claims—and this increased risk is reflected in higher rates.
Having a Subaru in New York will most likely be cheaper to insure than in Oregon. National Insurance Crime Bureau’s Most Stolen Vehicles in the United States list in 2020 listed pickups most likely to be stolen. However, Subaru’s are prime targets in the Pacific Northwest, so be sure to add all the appropriate anti-theft systems you can add to get insurance discounts.
Who are the Best Companies for Subaru WRX Insurance?
Once you begin your search for a car insurance provider, there are many factors you should look into including the claims satisfaction, customer reviews, and financial health of the parent company.
Make sure you gather a minimum of three quotes for comparison purposes and always ask about each company’s discount policy.
Larger companies are usually reliable and have a long track record of financial stability, however, don’t forget to check out smaller, independent agencies during your quoting process.
Here are a few questions that may help you get started.
- Do you provide bundling discounts for multi-vehicle and multi-policy drivers?
- Do you offer discounts for students with good grades, that live away from home, or who have completed driver’s education training?
- Are there paybacks or discounts offered for accident-free driving records?
Interesting Facts about the Subaru WRX
The Subaru Impreza was upgraded to a WRX (World Rally eXperimental) model in the 1990s when the Prodrive British racing team collaborated with Subaru.
The resulting vehicle combines the essential features of the Impreza with a turbocharged engine.
To add to the racing theme, the interior of the WRX was redesigned with a reimagined gear knob, dashboard, and pedals.
The car has received numerous accolades, including the Kelley Blue Book Best Resale Value in its class for four years in a row.
Now that you have a better idea of how insurance providers look at risk, you should feel confident in your ability to find an affordable car insurance premium that provides you and your Subaru the coverage you both need.*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.