2002 Subaru Outback Car Insurance Cost

I can’t think of anyone who likes having to buy insurance coverage, especially when they are paying too much.

Companies like State Farm, Farmers Insurance, GEICO and Allstate increase brand awareness with TV and radio ads and it can be hard to sift through the bull and do the work needed to find the best deal.

You should take the time to take a look at other company’s rates before your policy renews since rates are rarely the same from one policy term to another. Just because you found the best deal for Outback coverage two years ago other companies may now be cheaper. So just forget all the misinformation about insurance coverage because you’re about to learn the tricks you need to know to lower your annual insurance bill.

If you currently have car insurance, you will most likely be able to save some money using these tips. Finding the best rates is not rocket science. But car owners must comprehend how big insurance companies determine prices.

Save on Subaru Outback insurance

Car insurance companies do not list all their discounts very well, so we break down both well-publicized as well as the least known discounts you could be receiving.

  • Drivers Ed for Students – Require your teen driver to take driver’s ed class in school.
  • Discounts for Safe Drivers – Insureds without accidents may receive a discount up to 45% less for Outback coverage than drivers with accident claims.
  • No Claims – Drivers who don’t have accidents pay less compared to drivers who are more careless.
  • Early Switch Discount – A few companies offer discounts for switching policies prior to your current policy expiring. It’s a savings of about 10%.
  • Multiple Policy Discount – If you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
  • Payment Method – If you pay your bill all at once instead of making monthly payments you can actually save on your bill.
  • No Charge for an Accident – Some insurance companies will allow you to have one accident before your rates go up as long as you don’t have any claims prior to the accident.
  • Military Discounts – Being deployed with a military unit could mean lower rates.

As a disclaimer on discounts, some of the credits will not apply to the entire policy premium. A few only apply to individual premiums such as physical damage coverage or medical payments. Just because you may think all those discounts means the company will pay you, insurance companies aren’t that generous.

Car insurance companies who might offer these discounts may include but are not limited to:

Double check with each insurance company how you can save money. Savings may not apply in your state.

What determines your Subaru Outback insurance premium

Smart consumers have a good feel for some of the elements that play a part in calculating car insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that can help you get much lower annual insurance costs.

Shown below are a few of the “ingredients” that factor into your rates.

  • Traffic violations increase rates – Even one moving violation can bump up the cost twenty percent or more. Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. If you have serious violations like DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • A lapse in coverage is a bad thing – Driving without insurance is a misdemeanor and as a result your rates will increase for letting your coverage lapse. Not only will rates go up, but not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.
  • Choose a safe vehicle and save – Vehicles with good safety scores tend to have better insurance rates. These vehicles have better occupant injury protection and fewer injuries translates into savings for insurance companies and thus lower rates. If your Subaru Outback has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Lower miles equals lower premium – The higher the mileage driven in a year’s time the higher your rate. Almost all companies price each vehicle’s coverage based on how the vehicle is used. Cars used primarily for pleasure use get more affordable rates compared to those used for work or business. Double check that your car insurance declarations sheet shows the correct usage for each vehicle. If your policy improperly rates your Outback can cost quite a bit.
  • Liability coverage is peace of mind – Liability coverage will protect you if ever a court rules you are at fault for damages from an accident. Liability provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
  • Occupation reflects on rates – Careers like lawyers, executives and financial analysts are shown to have higher average rates in part from job stress and lengthy work days. Conversely, professions such as actors, engineers and retirees pay the least for Outback coverage.
  • Credit scores impact car insurance rates – A driver’s credit rating is a big factor in determining your rates. Drivers with high credit scores tend to file fewer claims and have better driving records as compared to drivers with lower credit ratings. Therefore, if your credit history can use some improvement, you could save money insuring your 2002 Subaru Outback by spending a little time repairing your credit.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions may help highlight whether you will benefit from professional help.

  • Am I covered if I crash into my own garage door?
  • How much liability insurance is required?
  • Why am I required to get a high-risk car insurance policy?
  • Do I need to file an SR-22 for a DUI in my state?
  • Is there coverage for injuries to my pets?
  • Do I need rental car coverage?
  • Does medical payments coverage apply to all occupants?
  • When would I need additional glass coverage?
  • Is my 2002 Subaru Outback covered for smoke damage?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Coverages available on your policy

Knowing the specifics of car insurance aids in choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages found on most car insurance policies.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Subaru Outback.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hitting a bird, falling objects and a tree branch falling on your vehicle. The maximum payout your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for expenses such as EMT expenses, doctor visits, hospital visits, X-ray expenses and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. It covers you and your occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state but can be used in place of medical payments coverage

Collision insurance

This coverage will pay to fix damage to your Outback from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, scraping a guard rail, hitting a mailbox, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability coverages

This coverage can cover damage that occurs to other people or property. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for things like repair costs for stationary objects, bail bonds and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Have money to burn

Low-cost 2002 Subaru Outback insurance is possible on the web and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture. Some auto insurance companies may not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

When you buy insurance online, it’s very important that you do not reduce coverage to reduce premium. Too many times, drivers have reduced liability limits or collision coverage only to discover later that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage at a price you can afford.

Additional auto insurance information is located below: