Our editors always tell us that when writing about auto insurance, the words cheap or affordable should never be used anywhere in the article to describe car insurance rates. It’s just reality that cheap car insurance for a Subaru Impreza does not exist. Don’t let that bother you, though, because we are going to show you how you can get car insurance that won’t break your budget.
Finding the best cheap coverage for a Subaru Impreza in Arkansas hinges on a complicated formula that considers factors such as your vehicle’s safety rating, if you are a frequent claim filer, and if your driving record is clean. Drivers in Arkansas pay an average rate of $1,310 each year to insure an Impreza, but that amount is an estimation based on rates for a 30-year-old single male driver that purchased full coverage and $250 deductibles.
But there is a high likelihood that you may not be 30 years old (or even male), maybe you are married instead of single, and you want different coverage limits than the example. Insurance prices are based on the driver profile the best method for finding the cheapest rates for your Subaru is to get into the habit of comparing rates once a year. It only takes a couple of minutes and you will receive price comparisons from the best auto insurance companies that insure vehicles in Arkansas.
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The specific trim level will be a contributing factor to the annual cost of coverage, so the price you will pay to insure a Impreza 2.5I 4WD Station Wagon model will be $314 less than the insurance cost for the high end Impreza WRX STI 4WD Station Wagon trim level, as shown in the chart below.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Impreza 2.5I 4WD Station Wagon | $298 | $364 | $444 | $26 | $134 | $1,266 | $106 |
Impreza 2.5I 4WD Station Wagon | $298 | $364 | $444 | $26 | $134 | $1,266 | $106 |
Impreza Outback Sport 4WD Station Wagon | $298 | $442 | $444 | $26 | $134 | $1,344 | $112 |
Impreza 2.5I AWD 4-Dr | $338 | $442 | $444 | $26 | $134 | $1,384 | $115 |
Impreza 2.5I Premium Package AWD 4-Dr | $338 | $520 | $444 | $26 | $134 | $1,462 | $122 |
Impreza WRX 4WD Station Wagon | $338 | $520 | $444 | $26 | $134 | $1,462 | $122 |
Impreza 2.5 GT 4WD Station Wagon | $376 | $520 | $444 | $26 | $134 | $1,500 | $125 |
Impreza WRX AWD 4-Dr | $376 | $600 | $444 | $26 | $134 | $1,580 | $132 |
Impreza 2.5I GT AWD 4-Dr | $376 | $600 | $444 | $26 | $134 | $1,580 | $132 |
Impreza WRX STI 4WD Station Wagon | $376 | $600 | $444 | $26 | $134 | $1,580 | $132 |
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Arkansas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Rate information does not factor in zip code location which can raise or lower premiums considerably.
Buying coverage from the highest-rated auto insurance provider can be a challenge considering how many companies sell coverage in Arkansas. The ranking information displayed below could help you decide which companies you want to consider when insurance shopping for a Subaru Impreza. These rankings are for the companies with a significant amount of written premium nationwide, so companies that have a smaller presence will not be included in these rankings.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
American Family | 91 | 86 | 95 | 83% | A | 89.7 |
Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
The General | 86 | 93 | 89 | 84% | A- | 88.2 |
GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
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Data Source: Insure.com Best Car Insurance Companies
Insurance providers that offer cheap insurance for a Subaru Impreza in Arkansas may have premium discounts that could potentially reduce rates by as much as 35% or more if you meet the requirements. Popular insurance companies and the discounts they provide are:
Discount | Progressive | Geico | State Farm | Allstate | Liberty Mutual | Nationwide | Farmers |
---|---|---|---|---|---|---|---|
Bundle discount | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Multi-vehicle | Yes | Yes | Yes | No | Yes | Yes | Yes |
Anti-theft | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Anti-lock brakes | No | Yes | Yes | Yes | Yes | No | No |
Air bags | No | Yes | Yes | Yes | Yes | Yes | Yes |
Running lights | No | Yes | Yes | No | No | No | Yes |
Newer vehicle | No | No | Yes | Yes | No | Yes | Yes |
Hybrid vehicle | No | No | No | Yes | Yes | No | Yes |
Safe driver | Yes | Yes | Yes | Yes | No | Yes | Yes |
Defensive driving course | Yes | Yes | Yes | Yes | No | Yes | Yes |
Active duty military | Yes | Yes | Yes | No | No | No | Yes |
Professional affiliation | No | Yes | No | No | Yes | Yes | Yes |
Pay in full | Yes | Yes | No | Yes | Yes | Yes | Yes |
Email statements | Yes | Yes | No | Yes | Yes | Yes | Yes |
Loyalty | Yes | No | Yes | No | No | Yes | Yes |
Early signing | No | No | No | Yes | No | Yes | Yes |
Smart student | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Student at college | Yes | No | Yes | Yes | Yes | Yes | Yes |
Own home | Yes | No | No | No | No | No | Yes |
Use seat belts | No | Yes | No | No | No | No | No |
Get quote online | Yes | No | No | No | No | No | No |
Teen driver | Yes | No | No | No | Yes | No | No |
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The illustration below shows the comparison of auto insurance rates with and without discounts applied to the premium. The data is based on a female driver, no claims or driving violations, Arkansas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with safe-driver, passive restraint, accident-free, claim-free, anti-theft, and vehicle safety discounts applied. When these discounts are applied, the the average amount saved on insurance for a Subaru Impreza is 16% or $214.
Finding cheap insurance for a Subaru Impreza in Arkansas is probably important to the majority of drivers, and one way to save on the cost of insurance is to only buy liability coverage. The information below shows the difference between insurance rates with and without physical damage coverage. The premium estimates are based on no violations or claims, $1,000 deductibles, marital status is single, and no discounts are factored in.
As an overall average, comp and collision coverage costs an additional $1,802 per year more than just buying liability insurance. That is a big expense that brings up the question if it’s a good idea to buy full coverage. There is no exact formula of when to drop comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than about 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
There are some cases where dropping full coverage is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not buy liability only.