How Much Does It Cost To Insure A Wrx?
Subaru WRX is one of the most popular sports cars in the market today. With its sleek design, powerful engine, and high-performance features, it's no wonder why many car enthusiasts are drawn to this vehicle. However, owning a WRX can come with a hefty price tag, not just in terms of the cost of the car itself but also in terms of insurance. In this article, we'll dive into the details of how much it really costs to insure a WRX.
Factors Affecting Insurance Costs
Several factors can affect the cost of insuring a WRX. The first is the type of coverage you choose. The more comprehensive your coverage is, the more expensive it will be. Another factor is your driving record. If you have a history of accidents or traffic violations, your insurance premium will be higher. Your age and gender can also affect your insurance costs, as younger and male drivers tend to have higher rates. Finally, the location where you live can also impact your insurance costs, as areas with higher crime rates and traffic congestion tend to have higher premiums.
The Cost of Basic Insurance
If you're looking for basic insurance coverage for your WRX, you can expect to pay an average of $125 per month or $1,500 per year. This coverage typically includes liability insurance, which covers damages and injuries you cause to other people and their property in the event of an accident. It may also include collision coverage, which covers damages to your own vehicle in the event of an accident. However, this coverage does not cover damages caused by theft, vandalism, or natural disasters.
The Cost of Comprehensive Insurance
If you want more comprehensive coverage for your WRX, you can expect to pay a higher premium. Comprehensive insurance typically includes liability, collision, and comprehensive coverage, which covers damages caused by theft, vandalism, or natural disasters. The average cost of comprehensive insurance for a WRX is around $200 per month or $2,400 per year. However, this cost can vary depending on several factors, such as your driving record, age, gender, and location.
The Cost of High-Performance Insurance
If you want to take your WRX to the track or participate in racing events, you'll need high-performance insurance. This type of insurance provides coverage for damages and injuries that occur during high-speed driving or racing. The cost of high-performance insurance can be quite high, with premiums ranging from $300 to $500 per month or more. This is because high-performance driving is considered a high-risk activity, and the chances of accidents and injuries are higher.
The Cost of Modifying Your WRX
If you're planning to modify your WRX with aftermarket parts or upgrades, you'll need to inform your insurance provider. Modifying your car can affect your insurance costs, as aftermarket parts can be more expensive to replace in the event of an accident. Some insurance providers may even refuse to cover modified vehicles, so it's important to check with your provider before making any modifications. If you do get coverage for a modified WRX, you can expect to pay a higher premium than for a stock vehicle.
In conclusion, owning a WRX can be an exciting and enjoyable experience, but it comes with its own set of costs. When it comes to insurance, the cost depends on several factors, such as the type of coverage you choose, your driving record, age, gender, location, and modifications. By understanding these factors, you can make informed decisions about your insurance coverage and ensure that you're getting the best value for your money.
| Type of Insurance | Average Monthly Cost | Average Yearly Cost |
| Basic | $125 | $1,500 |
| Comprehensive | $200 | $2,400 |
| High-Performance | $300-$500+ | $3,600-$6,000+ |
Post a Comment for "How Much Does It Cost To Insure A Wrx?"