Finding cheap insurance for a Subaru Outback can be really easy, but it is dependent upon a lot of things such as the safety rating for your Outback, if you have recent claims, and if you have tickets or violations. Drivers in Virginia pay around $702 annually for Outback insurance, but that amount is a valuation based on a 50-year-old single female driver with full physical damage coverage and $500 deductibles.
When making auto insurance estimates, the issue arises that you are not 50 and maybe not even a female, married instead of single, or maybe you’re a renter instead of a homeowner. This shows why the only way to find the cheapest insurance price for your Subaru is to put in the effort to do a thorough rate comparison.
Your Subaru’s trim level tends to have a direct impact on the cost of insurance, so the rate you pay to insure a Outback 2.5I model will cost $112 less than the insurance cost for the more costly Outback 3.6R Limited version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outback 2.5I Premium||$156||$264||$290||$18||$88||$816||$68|
|Outback 2.5I Limited||$156||$264||$290||$18||$88||$816||$68|
|Outback 3.6R Premium||$156||$264||$290||$18||$88||$816||$68|
|Outback 3.6R Limited||$174||$312||$290||$18||$88||$882||$74|
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Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Estimates do not factor in specific Virginia Beach garaging location which can impact rates noticeably.
Figuring out which company offers the lowest-priced insurance rates for a Subaru Outback may require a little more effort in order to find the best policy.
Every insurance provider has a different formula to set premium rates, so we will examine the insurance companies with the overall best prices in Virginia. It’s important to understand that Virginia Beach insurance rates are calculated based on many things which can significantly increase or decrease the policy price. Improving your credit score, marrying your spouse, or getting a few speeding tickets can produce rate changes resulting in some rates now being cheaper than others.
Best Auto Insurance Prices for Your Subaru
|Rank||Company||Cost Per Year|
|8||Virginia Farm Bureau||$802|
|15||National Grange Mutual||$1,060|
|Find Your Rate Go|
Travelers may offer some of the cheapest car insurance rates in Virginia Beach at around $673 per year. This is $485 less than the average premium paid by Virginia drivers of $1,158. USAA, Penn National, Cincinnati Insurance, and Auto-Owners also are some of the most economical Virginia Beach, VA insurance companies.
As depicted above, if you are currently insured with USAA and switched to Travelers, you may realize a yearly price reduction of roughly $43. Virginia drivers with Penn National could save as much as $45 a year, and Cincinnati Insurance customers might lower prices by up to $60 a year.
It’s important to note that these policy prices are averaged for all types of drivers and the different vehicles they drive and do not factor in an exact location for a Subaru Outback. So the insurer that is most affordable for your situation may not even be in the list above. That is why you need to compare prices as often as possible using your own specific driver information and vehicle.
Responsible drivers pay cheaper insurance rates
The common sense way to find low insurance rates in Virginia for an Outback is to be a safe driver and avoid accidents and traffic citations. The chart below highlights how traffic violations and accidents can affect auto insurance costs for different age groups. The information is based on a married male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
In the previous chart, the average cost of car insurance per year with no accidents and a clean driving record is $1,422. Get written up for one speeding ticket and the average cost increases to $1,631, an increase of $209 each year. Then add in one accident along with the one speeding ticket and the 12-month cost of insurance for a Subaru Outback increases to an average of $2,204. That’s an increase of $782, or $65 per month, just for not being a responsible driver!
The illustration below shows how different deductible levels can increase or decrease insurance costs when getting quotes for cheap insurance for a Subaru Outback. The premium estimates are based on a single male driver, full physical damage coverage, and no discounts are taken into consideration.
As shown above, a 30-year-old driver could lower their car insurance rates by $258 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $392 by choosing a $1,000 deductible. Younger drivers, such as the Age 20 example, can save up to $736 or more by choosing a higher deductible. If you make the decision to raise deductibles, it will be required to have additional savings on hand to enable you to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Your low-price policy may be costing you money
Virginia insurance rates are determined by lots of factors which can substantially decrease or increase the cost of a policy. Improving your credit rating, becoming a homeowner, or having a fender bender may generate price changes that may make certain companies affordable when they were higher priced.
In addition to those changes, auto insurance companies change premium rates as needed in order to maintain liquidity for claims. Heavier than normal losses may cause higher prices, while long-term profits may produce cheaper Outback insurance rates.
For instance, the graph below shows which companies have the cheapest car insurance in Virginia Beach, VA for a 30-year-old female driver with no prior accidents, a clean driving record, and a good credit history. When quoting prices based on her current rating profile, Travelers has the cheapest car insurance rates in Virginia Beach at $774 per year. This is $384 less than the average policy premium paid by Virginia drivers of $1,158. USAA, Penn National, Cincinnati Insurance, and Auto-Owners round out the rest of the top five cheapest Virginia Beach, VA auto insurance companies.
Now we will give the driver in the first example an accident claim, a lower credit rating, and a traffic citation. Because every insurance company has a unique formula for establishing rates, getting updated rate quotes could now result in a different ranking of cheap Virginia Beach auto insurance companies as shown below.
Utica National now has the lowest price in Virginia Beach with The Hartford, Virginia Farm Bureau, Donegal Mutual, and Nationwide now being in the top five. This example demonstrates why it is so important to compare many different companies to find the cheapest car insurance rates for a Subaru Outback.
Prices are determined by many factors and can increase or decrease at any time, so the best price a year ago may now be quite expensive.
Ideas for buying the cheapest car insurance for a Subaru Outback
The list below summarizes some of the recommended penny-pinching solutions that can help you buy cheaper auto insurance.
- Remain accident-free and save
- Serious violations like DUI or careless driving can make car insurance unaffordable
- Safer vehicles generally have cheaper insurance rates
- Clean up your credit
- Do not insure for full coverage
- Increase your comprehensive and collision deductibles
- Shop your coverage around for the best deal
The final tip is highly significant, as was pointed out in the article above. Auto insurance prices in Virginia Beach vary considerably, so drivers shouldn’t hesitate to change to a new company if a lower price can be found.
Staying with the same car insurance company is fine, but it isn’t a good idea if that faithfulness ends up costing you big bucks every year. Spend a few minutes and compare rates to find cheaper auto insurance for a Subaru Outback.