Buying cheap insurance for a Subaru Outback in Virginia is fairly easy, but it hinges on an enormous amount of factors such as your financial responsibility, your occupation, and blemishes on your driving record. Drivers in Virginia will pay on average $686 annually to insure their Outback, but that cost is a projection based upon a 30-year-old married female driver with full physical damage coverage and $500 deductibles.
If we were betting, you aren't exactly 30 years old or even a female, possibly single instead of married, or maybe you prefer higher deductibles. Everyone has unique insurance needs, and this illustrates why the best method for finding cheap insurance prices for your Subaru is to compare as many rates as possible.
The trim level of your vehicle has an effect on price, so the price you pay to insure a Outback 2.5I model will be $116 less than the price to insure the more costly Outback 3.6R Limited model, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outback 2.5I Premium||$176||$264||$262||$16||$78||$796||$66|
|Outback 2.5I Limited||$176||$264||$262||$16||$78||$796||$66|
|Outback 3.6R Premium||$176||$264||$262||$16||$78||$796||$66|
|Outback 3.6R Limited||$198||$312||$262||$16||$78||$866||$72|
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Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Estimates do not factor in Virginia location which can revise coverage prices substantially.
Finding a good quality car insurance company can be rather challenging considering how many choices you have in Virginia. The rank data listed below may help you pick which providers to look at when shopping insurance around for a Subaru Outback. The rankings below include large insurance companies, so companies that may only write in Virginia are not included in the list.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
Get discounts on Virginia insurance rates
Insurers that sell policies for a Subaru Outback may provide special discounts that can reduce rates by 40% or more if you are eligible to receive them. A list of companies and a partial list of their discounts can be found below.
- 21st Century offers discounts including anti-lock brakes, theft prevention, early bird, driver training, and homeowners.
- Progressive may include discounts for multi-policy, multi-vehicle, online quote discount, homeowner, online signing, and continuous coverage.
- State Farm discounts include good driver, Steer Clear safe driver discount, good student, student away at school, safe vehicle, and multiple policy.
- Nationwide includes discounts for family plan, Farm Bureau membership, easy pay, defensive driving, business or organization, and accident-free.
- Esurance has discounts for paid-in-full, claim free, online shopper, emergency road assistance, defensive driver, and multi-car.
- The Hartford may have discounts that include anti-theft, vehicle fuel type, air bag, good student, and defensive driver.
The diagram below shows the comparison of auto insurance rates with and without discounts applied to the policy premium. The rates are based on a female driver, no accidents, no driving violations, Virginia state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with homeowner, multiple vehicle, claim-free, defensive driving course, multiple policy, and vehicle safety discounts applied. When drivers take advantage of discounts, theaverage amount saved on car insurance for a Subaru Outback is 27% or $466.
The chart below shows how choosing a deductible can increase or decrease yearly insurance costs when getting quotes for cheap insurance for a Subaru Outback in Virginia. The price estimates are based on a single female driver, comprehensive and collision coverage, and no policy discounts are applied.
The data above shows that a 40-year-old driver could reduce rates by $220 a year by changing from a $100 deductible up to a $500 deductible, or save $336 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old example, can cut up to $552 annually by selecting a higher deductible.
If you do make the decision to raise your deductibles, it will be important to have additional savings on hand to offset the extra out-of-pocket expense associated with higher deductibles.
The importance of shopping around for Outback insurance
Virginia car insurance rates are calculated based on many things that may substantially change the cost of your policy. Improving your credit rating, buying another vehicle, or having an accident may prompt premium changes resulting in some companies being affordable when they were higher priced.
Not only may your risk profile change, but insurance companies amend pricing as needed to adjust for unexpected claims or profits. Higher than normal claims can cause additional price hikes, while lower claims can cause cheaper Outback insurance rates.
The chart below shows the company with the cheapest car insurance in Virginia for a 30-year-old male driver with a clean driving record, no accidents, and solid credit. If we estimate prices based on his personal profile, Travelers quotes the lowest car insurance rates in Virginia at $653 each year. This is $505 less than the average premium paid by Virginia drivers of $1,158. USAA, Penn National, Cincinnati Insurance, and Auto-Owners are also on the list of the top five cheapest Virginia auto insurance companies.
Let's now give the driver from the first example a couple of claims, poor credit, and a couple of points charged on his driving record. Due to the fact that every insurance company uses their own formula to set their prices, analyzing rate quotes could result in a different set of the cheapest car insurance companies in Virginia as shown below.
The Hartford now has the best car insurance rate in Virginia with Virginia Farm Bureau, Erie, Donegal Mutual, and Nationwide also having competitive pricing. This example proves why it is so important to compare as many rates as possible when trying to find the most budget-friendly car insurance rates for a Subaru Outback. Insurance prices can be altered by many things and change dramatically, so the best company the last time you shopped around may now cost much more than other companies.
How to find cheaper auto insurance for a Subaru Outback
Lowering your rates is not difficult, and here are many money-saving suggestions that can help you buy lower-cost car insurance.
- Increase physical damage deductibles
- Higher credit ratings may save you money
- Remain accident-free and save
- Save money by observing traffic laws and speed limits
- Bundle home or renters insurance to earn a discount on car insurance
- Don't have frequent claims
- Compare price quotes at least once a year
The last tip in the list is notably crucial, as we pointed out in the article above. Insurance rates can change considerably in a year, so don't be tentative to buy from a different company if a lower-cost policy is available.
Many drivers have brand loyalty and that's fine, but it's not a good idea if that devotion results in you overpaying money that could be going to better use. If you have a few minutes, compare rates and find cheaper auto insurance for a Subaru Outback.