While rates may vary from Subaru model to Subaru model, the average cost to insure a Subaru is lower than the national average. Based on a review by Bankrate of quotes from Quadrant Information Service, the average annual cost to insure Subaru Outbacks with full coverage is $1.361 per annum.
Car insurance prices are determined by a few factors. One of these is the make and model and year of your car. Insurance costs can be affected by the MSRP, cost of repair, theft likelihood, and safety features. Subaru owners can get cheap car insurance by getting quotes, applying discounts, and considering their vehicle details.
How does having a Subaru Outback affect your car insurance rates?
A Bankrate analysis of 2021 quoted annual premiums from Quadrant Information Services calculated the average cost of full coverage car insurance (based on a Toyota Camry) is $1,674 per year in the United States. The average cost for full coverage insurance on a Subaru Outback is $1,361, $313 less than the national average for standard economy sedans.
For years, Subaru has been considered one of the safest car brands in America. The Insurance Institute for Highway Safety gives the Subaru Outback its Top Safety Pick Award, with advanced or superior ratings on all six of the crashworthiness evaluations conducted by the Institute. The National Highway Traffic Safety Administration also gives the Subaru Outback 5-star safety ratings.
One of the reasons the Outback and other similar Subaru models get such high ratings is their standard safety features:
- Cruise control with adaptive cruise
- Anti-lock brakes
- EyeSight(r), Driver Assist Technology
- Forward collision warning
- Lane assist
- Lane departure warning
- Rearview camera
- Reminder for rear-seat
- Seatbelt warnings for front and back passengers
- Daytime running lights and steering-responsive LED high beam headlights
- All-wheel drive with synchronization
You can also opt for advanced safety features that could offer additional discounts when you purchase insurance.
- Monitoring blind spots
- DriverFocus(r) Distraction Mitigation System
- Front-view camera
- Lane change assist
- LED fog lights
- Alerts for rear crossing traffic
- Rear automatic brake
What is the cost of insurance for Subaru Outbacks?
Although the Subaru Outback is a single model, it comes with several trim packages that can affect its value and repair costs. Exact costs for insurance will vary by year and trim package for the Outback, and whether you require liability-only or full coverage on the vehicle. The year of your vehicle will also affect the premium.
As you can see from the table below with average rates for a 2019 Subaru Outback, there is a big difference in average minimum premium for liability-only and full coverage insurance. Full coverage car insurance is more expensive than liability-only. This is because it provides greater financial protection and coverage. It also covers physical damage to your Subaru.
Rates can vary between vehicles due to the many factors that go into pricing insurance, such as year, make, and model. This trend is also seen consistently when comparing insurance companies.
The chart below shows how insurance costs vary from one company to the next for both full coverage and liability-only.
Other than your car, what factors affect your car insurance?
Insurance costs can be affected by many factors, including the car you drive. However, insurance costs can also be affected by other variables. Insurance companies may also use your personal and household information to determine the premium you will have to pay for your vehicle insurance.
- Limitations on coverage and deductibles
- Credit score (in certain states)
- Discounts available
- Driving record (yours, and that of other household drivers)
- Gender (in certain states)
- How many miles do you drive each year?
- Marital status
Your vehicle is not enough to provide you with a comprehensive view of all possible rates. Comparing rates from different providers will help you to get accurate rates.
How can you save money when buying Subaru Outback car insurance
Although Subaru Outback rates are typically lower than the national average, there are still ways to save money on car insurance.
- Selecting coverage: It may be worth spending more money for full coverage auto insurance if you own a high-value vehicle, or just purchased a Subaru Outback. For low-value vehicles or those who can self-insure in the event of a total or wreck, liability-only coverage is recommended.
- Think about trim packages: While the Subaru Outback has a high safety rating, certain trim packages can include more safety features that could reduce your insurance costs. However, an increase in the base value could lead to higher insurance costs.
- All discounts are available: You can get a quote and add a vehicle to your policy automatically. You can also ask about other discounts, so be sure to inquire about any additional savings you are eligible for.
- Keep your driving record clean: This is the best way to save money on auto insurance. For those who have a clean driving record, insurance companies will automatically add a good driving discount.
- Compare quotes before you buy. Comparing quotes from several insurance companies can help you make an informed decision that will fit your budget.
Questions frequently asked
What is the best insurance for Subaru Outbacks?
Insurance rates for the Outback can be lower than for other models due to its standard safety features and excellent crash ratings from NHTSA and Insurance Institute for Highway Safety. Costs can be affected by the composition of your household, whereabouts and driving record.
Why is it that some cars are more expensive to insure than others.
Insurance companies base their premiums based on risk. Base rates for auto insurance are based on risk. The higher the likelihood of an automobile being involved in an accident, and the more expensive it is to repair it, are the primary factors. The engine’s size, horsepower, safety features, and crash test ratings are all factors that companies consider.
Car insurance is cheaper if the vehicle has been paid off
Although it may seem that insurance becomes cheaper when a vehicle is paid off, the rate does not change simply because the vehicle has been fully owned. Instead, the car’s value decreases over time which can reduce its replacement cost and thus lower the cost of insuring it. If you don’t mind paying out for repairs, comprehensive and collision coverage can be removed from the car since it is no longer being financed.