There isn’t anyone who gets a kick out of paying for insurance, especially when they are aware that they could find better rates elsewhere.
A recent NerdWallet.com study revealed that the vast majority of insurance customers in North Carolina kept buying from the same company for a minimum of four years, and about 40% of consumers have never even shopped around for cheaper coverage. Consumers in America can save hundreds of dollars each year just by comparing rates, but they don’t know the amount of money they would save if they switched to a cheaper policy.
There are many insurers to buy insurance from, and although it’s nice to have multiple companies, too many choices makes it more difficult to compare rates for Subaru BRZ insurance in Durham.
Smart consumers take time to do rate comparisons periodically because insurance rates go up and down regularly. Just because you had the best premium rates on Subaru BRZ insurance in Durham on your last policy there is a good chance you can find better prices now. Forget all the misinformation about insurance because we’re going to show you the easiest way to save on insurance.
Cheap Durham Subaru BRZ insurance price quotes online
All major car insurance companies allow consumers to get coverage prices online. Getting Subaru BRZ insurance prices online is fairly straightforward because it’s just a matter of typing in your personal and coverage information into a form. After you submit the form the system makes automated requests for reports for credit and driving violations and provides a quote based on the data you entered. Using the web to get quotes for Subaru BRZ insurance in Durham makes it easy to compare insurance prices and it’s very important to compare as many rates as possible in order to get the lowest car insurance rates.
In order to find out how much you’re overpaying now, compare rates from the companies below. If you have a policy now, it’s recommended you complete the form with the insurance coverages just like they are on your policy. This guarantees you will receive an apples-to-apples comparison for similar coverage.
The companies shown below offer quotes in Durham, NC. If you want the best car insurance in Durham, NC, we suggest you get price quotes from several of them in order to find the cheapest rates.
Insurance policy discounts for Subaru BRZ insurance in Durham
Companies offering auto insurance do not advertise all discounts very well, so the list below contains a few of the more well known and the harder-to-find insurance savings.
- Mature Driver Discount – Drivers over the age of 55 may receive reduced rates.
- Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a break if you buy life insurance from them.
- Waiver for an Accident – This one isn’t a discount, but some insurance companies allow you one accident before raising your premiums as long as you don’t have any claims before the accident.
- Good Students Pay Less – This discount can save 20 to 25%. Most companies allow this discount until age 25.
- Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
- Professional Memberships – Joining a qualifying organization could trigger savings when shopping for insurance.
Please keep in mind that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, you won’t be that lucky.
If you would like to see a list of insurers that offer the discounts shown above in Durham, follow this link.
Buying the right Subaru vehicle insurance in North Carolina is an important decision
Even though Durham BRZ insurance rates can get expensive, maintaining insurance is required for several reasons.
First, the majority of states have compulsory liability insurance requirements which means the state requires specific limits of liability 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.
Second, if you took out a loan on your Subaru BRZ, almost all lenders will require you to carry insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Subaru for a much higher rate and force you to pay for the much more expensive policy.
Third, car insurance preserves not only your car but also your assets. Insurance will also pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage also pays expenses related to your legal defense if you are sued as the result of an accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance more than offset the price you pay, especially when you need to use it. Unknowingly, the average driver is overpaying over $750 every year so smart consumers compare quotes at least once a year to ensure rates are competitive.
Situations that may require an agent’s advice
When choosing adequate coverage for your personal vehicles, there really isn’t a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply.
Here are some questions about coverages that might help in determining whether your personal situation could use an agent’s help.
- Is my ex-spouse still covered by my policy?
- What is the minimum liability in North Carolina?
- Am I covered if I break a side mirror?
- When should I not buy collision coverage?
- How can I get high-risk coverage after a DUI?
- Do I really need UM/UIM coverage?
- I have a DUI can I still get coverage?
- Are my friends covered when driving my car?
If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Insurance agent or online?
Some people would rather go talk to an agent and that is recommended in a lot of cases An additional benefit of getting free rate quotes online is that you can find lower rates and still have a local agent.
After completing this quick form, your information is sent to participating agents in Durham who can give free rate quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to contact any agents since price quotes are sent to you instantly. You can most likely find cheaper rates without the usual hassles of price shopping. If you need to get a comparison quote from a specific insurance company, feel free to jump over to their website and fill out their quote form.
Choosing an insurance company needs to be determined by more than just a cheap quote. Any agent in Durham should have no problem answering these questions:
- Do they write coverage based solely on cost?
- Who is covered by the car insurance policy?
- Where would your vehicle be repaired?
- What are the financial ratings for the companies they represent?
- In the event of vehicle damage, can you pick the collision repair facility?
If you need to find a good insurance agency, it can be helpful to understand the different types of agencies that differ in how they can insure your vehicles. Durham agents can be described as either exclusive or independent agents depending on their company appointments.
These type of agents write business for a single company and examples are Allstate, Farmers Insurance, State Farm, and AAA. They are unable to give you multiple price quotes so it’s a take it or leave it situation. Exclusive agencies receive extensive training on their company’s products which helps them sell insurance even at higher premiums.
Listed below is a short list of exclusive insurance agents in Durham that can give you comparison quotes.
Independent Car Insurance Agencies
Agents in the independent channel are not locked into one company and that is an advantage because they can write policies with any number of different companies and find you cheaper rates. If they find a cheaper price, they simply switch companies in-house and that require little work on your part.
When comparing car insurance prices, we recommend you get insurance quotes from several independent insurance agents in order to compare the most rates.
The following is a short list of independent agents in Durham that are able to give comparison quotes.
Car insurance policy coverages for a Subaru BRZ
Knowing the specifics of car insurance can be of help when determining appropriate coverage for your vehicles. Car insurance terms can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on the average car insurance policy.
Collision coverage protection
Collision insurance covers damage to your BRZ resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims like colliding with a tree, rolling your car, driving through your garage door, sideswiping another vehicle and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also raise the deductible on your BRZ to bring the cost down.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Subaru BRZ.
Since many North Carolina drivers have only the minimum liability required by law (which is 30/60/25), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.
Coverage for liability
Liability coverage will cover damage that occurs to a person or their property by causing an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 30/60/25 that means you have a limit of $30,000 per injured person, $60,000 for the entire accident, and $25,000 of coverage for damaged property.
Liability coverage pays for things such as medical services, bail bonds, legal defense fees and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. North Carolina state law requires minimum liability limits of 30/60/25 but it’s recommended drivers buy better liability coverage.
The chart below shows why buying low liability limits may not be enough coverage.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as damage from getting keyed, rock chips in glass, hitting a deer and hitting a bird. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as pain medications, chiropractic care, surgery and funeral costs. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage