View 2003 Subaru Outback Car Insurance Cost

Searching for lower insurance coverage rates for your Subaru Outback? Did a good deal turn out to be an underperforming, overpriced insurance coverage policy? It’s quite common and there are many people just like you. Insurance companies such as Allstate, Progressive and Geico constantly blast consumers with ads and it can be hard to see through the cute green geckos and mayhem and do the work needed to find the best deal.

If you are insured now or need a new policy, you can learn to find better prices while maximizing coverage. Buying car insurance is quite easy. Drivers just need to understand the most efficient way to get comparison rates over the internet.

Find discounts to get cheap insurance coverage quotes

Companies offering auto insurance don’t always publicize every discount they offer very clearly, so the below list has some of the best known as well as some of the hidden discounts that may be available.

  • ABS Brakes – Cars with ABS braking systems or traction control are safer to drive and will save you 10% or more.
  • Active Service Discounts – Having a family member in the military can result in better rates.
  • Discount for Passive Restraints – Vehicles with factory air bags or motorized seat belts can get savings of more than 20%.
  • Resident Student – Kids who live away from home at college without a vehicle on campus can be insured at a reduced rate.
  • First Accident Forgiveness – but a handful of insurance companies permit an accident before raising your premiums as long as you don’t have any claims before the accident.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you will save 10% to 20% off each policy.
  • Good Student – A discount for being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Savings for New Vehicles – Insuring a vehicle that is new can be considerably cheaper since newer models have better safety ratings.
  • Early Payment Discounts – By paying your policy upfront rather than paying monthly you may have a lower total premium amount.

Don’t be shocked that most discounts do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, it’s just not the way it works.

The best insurance coverage companies and the discounts they provide are included below.

  • American Family offers discounts including good student, air bags, accident-free, Steer into Savings, and multi-vehicle.
  • Nationwide may include discounts for Farm Bureau membership, good student, defensive driving, multi-policy, business or organization, anti-theft, and family plan.
  • MetLife offers premium reductions for defensive driver, good driver, claim-free, accident-free, and multi-policy.
  • 21st Century has savings for driver training, student driver, teen driver, early bird, defensive driver, good student, and homeowners.
  • Farmers Insurance has discounts for distant student, youthful driver, switch companies, alternative fuel, good student, and electronic funds transfer.
  • Allstate may have discounts that include auto/life discount, early signing, defensive driver, eSmart discount, resident student, and premier discount.

Before purchasing a policy, check with all companies you are considering which discounts you qualify for. Some discounts listed above might not be available to policyholders in your state. If you would like to see a list of insurers that offer the discounts shown above, click this link.

How much is car insurance?

There are several ways to shop for car insurance, but there is one way that is less time-consuming than others. You can waste a lot of time talking to local insurance agents in your area, or you could save time and use online quotes to get rates in a matter of minutes.

Many of the larger companies participate in an industry program where prospective buyers submit one quote, and every company then gives them pricing based on the submitted data. This eliminates the need for quote forms to each company. To get comparison pricing now click here (opens in new window).

The only drawback to pricing coverage this way is you can’t choose which providers you want pricing from. If you would rather choose individual companies to receive pricing from, we put together a list of companies who write car insurance in your area. Click here to view list.

Whichever method you choose, be certain you are entering apples-to-apples coverages and limits with each company. If each company quotes differing limits you will not be able to determine the best price for your Subaru Outback.

Seven factors that affect insurance rates

One of the most helpful ways to save on insurance coverage is to to have a grasp of the different types of things that come into play when calculating your policy premiums. If you have a feel for what positively or negatively impacts your premiums, this empowers consumers to make smart changes that can help you get big savings. Many factors are used in the calculation when you quote your car insurance policy. Some are pretty understandable like your driving record, but other criteria are less obvious such as your credit history or your financial responsibility.

The following are just a few of the factors used by insurance companies to determine your prices.

  • Insurance coverage policy lapses lead to higher rates – Allowing your insurance coverage policy to lapse is a guaranteed way to trigger a rate increase. And not only will your rates increase, failure to provide proof of insurance could result in a fine, jail time, or a revoked license.
  • Cheaper rates with safer cars – Vehicles that have high safety ratings get lower rates. Highly rated vehicles protect occupants better and lower rates of occupant injuries means less money paid by your insurance company passed on to you as lower rates.
  • Drive fewer miles and save – Driving more miles each year the more you’ll pay to insure your vehicle. Most companies calculate rates partially by how you use the vehicle. Autos used primarily for pleasure use receive lower rates than those used for commuting. An incorrectly rated Outback is throwing money out the window. Ask your agent if your insurance coverage declarations sheet properly reflects how each vehicle is driven, because it can save money.
  • Better drivers pay less – A bad driving record impacts premiums far more than you think. Drivers with clean records get better rates as compared to careless drivers. Even a single chargable violation can boost insurance rates substantially. Drivers who have license-revoking tickets such as DUI or willful reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to legally drive.
  • Physical damage deductibles are a factor – Comp and collision deductibles are how much you are willing to pay if a covered claim is submitted. Insurance for physical damage to your car, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of claims that would be covered would be collision with another vehicle, fire damage, and damage caused by road hazards. The more damage repair cost you are required to pay out-of-pocket, the less money you will pay for insurance coverage on Outback insurance.
  • Gender and insurance prices – Over the last 30 years, statistics show that men are more aggressive behind the wheel. However, don’t assume that men are worse drivers. Women and men have fender benders in similar percentages, but males have costlier accidents. In addition to higher claims, males also get cited for more serious violations like reckless driving and DUI. Young men ages 16 to 20 are the most expensive to insure and are penalized with high insurance coverage rates.
  • Incidental coverages that may not be needed – There are a lot of extra bells and whistles that can waste your money if you don’t pay attention. Insurance for rental car reimbursement, high-cost glass coverage, and Farm Bureau memberships may not be needed and are just wasting money. They may sound like good ideas at first, but if they’re wasting money eliminate them to save money.

Tailor your car insurance coverage to you

When it comes to choosing proper insurance coverage, there is no “perfect” insurance plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that could help you determine if your situation might need professional guidance.

  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if hit by an uninsured driver?
  • Do I need special endorsements for business use of my vehicle?
  • How much liability coverage do I need in my state?
  • Is there coverage for injuries to my pets?
  • Does car insurance cover theft of personal property?
  • Am I insured when driving a different vehicle?
  • When should I not file a claim?
  • Do I have coverage if my license is suspended?

If you’re not sure about those questions, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance coverage basics

Knowing the specifics of a auto insurance policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. These are the normal coverages available from auto insurance companies.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for expenses such as chiropractic care, dental work and EMT expenses. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Collision – Collision coverage covers damage to your Outback resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as hitting a mailbox, sideswiping another vehicle and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive insurance – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like fire damage, hail damage, falling objects and damage from getting keyed. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your Subaru Outback.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Liability – Liability coverage provides protection from damage that occurs to people or other property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims like emergency aid, medical expenses, bail bonds and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Shop around and save

Some insurance providers do not offer online rate quotes and most of the time these small insurance companies only sell through independent insurance agents. Low-cost 2003 Subaru Outback insurance is possible both online and from local insurance agents, so compare prices from both to have the best chance of lowering rates.

We just presented some good ideas how to save on 2003 Subaru Outback insurance. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding low cost insurance. You may be surprised to find that the lowest prices are with a small local company. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as Geico and State Farm.

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