2001 Subaru Outback Insurance Cost

No one enjoys paying for car insurance, in particular when they are paying too much. You have multiple insurers to choose from, and even though it’s nice to be able to choose, it can be more difficult to adequately compare rates.

It’s important to check car insurance prices at least once a year because prices go up and down regularly. Just because you had the best price for Outback coverage last year you may be paying too much now. You can find a lot of misleading information regarding car insurance on the web, but I’m going to show you some good information on how to put money back in your pocket.

Discounts mean cheaper Subaru Outback insurance rates

Companies don’t always advertise every discount in an easy-to-find place, so we break down both the well known and the more hidden ways to save on insurance coverage. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Student in College – Kids in college who are attending college and don’t have a car can receive lower rates.
  • Own a Home – Simply owning a home may earn you a small savings because maintaining a house requires personal responsibility.
  • Service Members Pay Less – Having a family member in the military can result in better rates.
  • Clubs and Organizations – Affiliation with a qualifying organization could qualify you for a break on your policy for Outback coverage.
  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
  • Payment Method – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Good Student Discount – Performing well in school can save 20 to 25%. Earning this discount can benefit you until age 25.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy can get a discount on all vehicles.
  • New Car Discount – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. A few only apply to individual premiums such as liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way.

To see a list of companies with the best insurance coverage discounts, click here.

Automobile Insurance Quotes

Getting better 2001 Subaru Outback car insurance pricing can be surprisingly simple. Consumers just need to spend a few minutes on the computer getting comparison quotes from different insurance companies. This is very easy and can be done using a couple different methods.

  1. One of the simplest ways to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This type of form prevents you from having to do multiple quote forms for each company. A single form will get you price quotes from several companies.
  2. A less efficient way to obtain and compare quotes online consists of visiting the website of each company and request a quote. For example, we’ll assume you want comparison quotes from USAA, 21st Century and Liberty Mutual. To find out each rate you need to spend time on each company’s site to enter your coverage information, which is why the first method is quicker.

    To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but compare identical coverages on every quote. If each company quotes higher or lower deductibles it will be impossible to make an equal comparison.

Subaru Outback insurance premiums are calculated by many factors

An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for insurance coverage. Knowing what impacts premium levels empowers consumers to make smart changes that will entitle you to lower insurance coverage prices.

Shown below are a few of the “ingredients” used by your company to calculate prices.

  • Car features impact rates – Purchasing a vehicle with a theft deterrent system can save you a little every year. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
  • A clean driving record saves money – Careful drivers get better rates than bad drivers. Even a single citation can boost insurance rates twenty percent or more. Drivers with serious tickets like reckless driving, hit and run or driving under the influence are required to file a SR-22 with their state motor vehicle department in order to continue driving.
  • Do you have enough liability coverage? – Your policy’s liability coverage will protect you in the event that you are found to be at fault for personal injury or accident damage. It will provide legal defense coverage up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so do not skimp.
  • Are you male or female? – Statistics show that men are more aggressive behind the wheel. However, don’t assume that men are WORSE drivers than women. Men and women have accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also receive more costly citations such as DWI and reckless driving.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that can aid in determining whether your personal situation would benefit from professional advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I insured when driving a different vehicle?
  • Is business equipment covered while in my vehicle?
  • Is there coverage for injuries to my pets?
  • Does coverage extend to Mexico or Canada?
  • How much liability coverage do I need in my state?
  • How do I file an SR-22 for a DUI in my state?
  • Am I covered if I drive in a foreign country?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Specific coverage details

Understanding the coverages of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages found on the average insurance policy.

Comprehensive insurance – This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as vandalism, a tree branch falling on your vehicle, a broken windshield and hail damage. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Subaru Outback.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like prosthetic devices, hospital visits, nursing services, funeral costs and X-ray expenses. They are utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage – This coverage covers damage to your Outback resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as sustaining damage from a pot hole, crashing into a ditch and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Liability insurance – This provides protection from injuries or damage you cause to people or other property. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims such as medical services, emergency aid, repair costs for stationary objects, loss of income and court costs. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Cheaper insurance is a realistic goal

When shopping online for insurance, it’s not a good idea to buy less coverage just to save a little money. In many instances, an insured cut collision coverage and learned later that their decision to reduce coverage ended up costing them more. The aim is to find the BEST coverage at an affordable rate.

Lower-priced 2001 Subaru Outback insurance is definitely available from both online companies in addition to many insurance agents, so compare prices from both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

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