2016 Subaru Outback Insurance Cost

Looking for lower insurance rates for your Subaru Outback? Did a good deal turn out to be overpriced insurance? You’re preaching to the choir because many consumers feel financially strained by their insurance policy.

Since you have so many options when it comes to insurance, it is hard for the average consumer to choose a lower cost company.

Choosing the best insurance company for you is quite easy. Essentially everyone who shops for car insurance most likely will be able to find better rates. But car owners can benefit from knowing the way insurance companies sell insurance online and take advantage of how the system works.

Compare insurance coverage rates

To find inexpensive insurance quotes, there are several ways of comparing price quotes from many insurance coverage companies in your state. The quickest method to find the lowest 2016 Subaru Outback rates is to jump online and get quotes. This can be accomplished in a couple minutes as outlined below.

1. The single most time-saving way to find low rates would be an industry-wide quote request form like this one (opens in new window). This quick form eliminates the need for separate forms for each price estimate. One form gets you coverage quotes from multiple low-cost companies.
2. A different way to compare rate quotes consists of going to the website for each individual company and repeat the quote process again and again. For instance, let’s say you want to view quotes from Liberty Mutual, Esurance and Allstate. You would have to navigate to each company’s site to enter your coverage information, which can get old fast.

   For a list of links to insurance companies in your area, click here.

3. The most difficult way to find and compare rates is to spend your day driving to and from local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you’re the type of person who wants the advice and guidance that only an agent can give. Although you can get the lowest quotes online and get advice from an agent in your area.

It doesn’t matter which method you choose, just be certain you are entering identical quote information for each quote you get. If your comparisons have different coverage information you will not be able to determine which rate is truly the best. Having just a slight variation in insurance coverages or limits may result in large price differences. Just remember that comparing more rates from different companies provides better odds of finding the best price.

Four tips to get cheap insurance rates

It’s important that you understand some of the things that aid in calculating your premiums. When you know what positively or negatively determines base rates, this allows you to make good choices that could result in lower premium levels. Many factors are part of the equation when premium rates are determined. Some are obvious such as traffic violations, although others are more transparent like where you live or your commute time.

• High credit scores save money – Having a good credit score factor in determining what you pay for insurance coverage. Drivers who have very good credit scores tend to file fewer claims than drivers who have lower credit ratings. So if your credit rating is low, you could pay less to insure your 2016 Subaru Outback by taking the time to improve your credit score.
• Don’t abuse insurance claims – If you frequently file small claims, you should expect higher premiums or even policy non-renewal. Companies provide most affordable rates to people who file claims infrequently. Insurance coverage is intended for major claims that would cause financial hardship.
• Don’t skimp on liability insurance – Liability coverage kicks in if ever you are determined to be liable for damages caused by your negligence. Liability provides you with a defense in court up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.
• Cut prices and deter theft – Buying a car with anti-theft technology or alarm system can save you some money. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder vehicle theft.

Get affordable insurance coverage with discounts

Some providers don’t always advertise all their discounts very clearly, so the following list contains both the well known as well as some of the hidden credits available to you. If they aren’t giving you every credit you deserve, you are throwing money away.

• Discount for Low Mileage – Low annual miles could be rewarded with discounted insurance coveragerates on garaged vehicles.
• Online Discount – Many companies will provide an incentive for buying your policy over the internet.
• Policy Bundle Discount – If you can combine your auto and home policy with the same company you could save approximately 10% to 15%.
• Multi-Vehicle Discounts – Buying coverage for primary and secondary vehicles on a single policy may reduce the rate for each vehicle.
• Club Memberships – Being in a civic or occupational organization is a good way to get lower rates on insurance coverage.
• Distant Student – College-age children who live away from home to go to college and do not take a car to college could get you a discount.
• Waiver for an Accident – but companies like Liberty Mutual and Geico will turn a blind eye to one accident before they charge you more for coverage if you have no claims for a particular time prior to the accident.

It’s important to note that most credits do not apply to all coverage premiums. Most only cut individual premiums such as comp or med pay. If you do the math and it seems like all those discounts means the company will pay you, companies don’t profit that way. But any discount will reduce your policy premiums.

A list of companies and their offered discounts are included below.

• Geico may offer discounts for membership and employees, air bags, federal employee, good student, and multi-vehicle.
• Travelers has discounts for good student, home ownership, early quote, student away at school, IntelliDrive, and payment discounts.
• Farm Bureau policyholders can earn discounts including driver training, 55 and retired, good student, safe driver, multi-policy, and youthful driver.
• Liberty Mutual has savings for newly married, good student, hybrid vehicle, exclusive group savings, new vehicle discount, and teen driver discount.
• American Family may include discounts for multi-vehicle, good driver, bundled insurance, TimeAway discount, early bird, Steer into Savings, and defensive driver.
• Progressive offers discounts for online signing, good student, homeowner, multi-vehicle, and multi-policy.

If you need lower rates, check with every prospective company which discounts they offer. Some discounts might not apply in your area. To see insurance coverage companies that offer the discounts shown above, follow this link.

Tailor your insurance coverage to you

When buying adequate coverage, there really is no single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions can help discover whether you could use an agent’s help.

• When can my company non-renew my policy?
• Are my friends covered when driving my 2016 Subaru Outback?
• How much liability do I need to cover my assets?
• How can I force my company to pay a claim?
• Is motorclub coverage worth it?
• Why is insurance for a teen driver so high?
• Can my babysitter drive my car?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Insurance coverages and their meanings

Understanding the coverages of your insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on most insurance policies.

Collision coverage protection

This coverage pays for damage to your Outback caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a parking meter, crashing into a ditch, crashing into a building and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses like prosthetic devices, pain medications and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Auto liability insurance

This provides protection from damage or injury you incur to other’s property or people that is your fault. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like repair bills for other people’s vehicles, funeral expenses, pain and suffering, legal defense fees and structural damage. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as fire damage, vandalism and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Save your hard earned cash

Cheap 2016 Subaru Outback insurance is available online and from local insurance agents, so you need to quote insurance with both to have the best selection. A few companies may not provide online rate quotes and usually these smaller providers only sell through local independent agents.

In this article, we presented many tips how you can reduce 2016 Subaru Outback insurance rates online. It’s most important to understand that the more price quotes you have, the higher your chance of finding inexpensive insurance. Drivers may discover the best price on insurance coverage is with an unexpected company. Regional companies may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as Geico and State Farm.

Additional insurance coverage information is located at the links below

• Insurance Losses by Make and Model (iihs.org)
• What Auto Insurance is Cheapest for a Subaru Outback in Lincoln? (LincolnAutoGuard.com)
• Drunk Driving Statistics (Insurance Information Insitute)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Your Car has been Stolen: Now What? (Allstate)
• Teen Driving Statistics (Geico)