Subaru Outback Insurance Rates in Raleigh

Do you want to learn how to find the cheapest Subaru Outback insurance in Raleigh? Are you tired of being strong-armed to buy insurance? You’re in the same situation as most other consumers in North Carolina.

Insurance rates Subaru Outback in RaleighIt’s safe to assume that insurance companies don’t want you shop around. Consumers who shop around are very likely to buy a different policy because there is a great chance of finding a policy with better rates. A recent study showed that consumers who faithfully checked for cheaper rates saved on average $3,450 over four years compared to policyholders who never shopped around for lower prices.

If finding budget-friendly rates on Subaru Outback insurance in Raleigh is your objective, then having some insight into how to quote prices and compare coverages can make it simple to find affordable coverage.

How to find the cheapest rates for Subaru Outback insurance in Raleigh

The most effective way to find low-cost auto insurance rates is to regularly compare quotes from insurers that insure vehicles in Raleigh.

First, try to learn a little about the coverage provided by your policy and the modifications you can make to keep rates low. Many things that cause high rates such as getting speeding tickets and a lousy credit rating can be controlled by making minor changes in your lifestyle.

Second, compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive or State Farm, while agents who are independent can provide prices from multiple companies.

Third, compare the price quotes to the price on your current policy and determine if there is any savings. If you find a lower rate and change companies, make sure there is no lapse between the expiration of your current policy and the new one.

Fourth, provide notification to your current agent or company to cancel the current policy. Submit a down payment along with a completed application for the new policy. Once coverage is bound, put the proof of insurance certificate in your glove compartment.

One tip to remember is that you’ll want to make sure you compare similar coverage information on every price quote and and to get price quotes from as many auto insurance providers as possible. This ensures a level playing field and the best price selection.

Consumers have multiple car insurance companies to purchase coverage from, and though it is a good thing to have a selection, it makes it harder to get the best deal for Subaru Outback insurance in Raleigh.

Locating the most cost-effective car insurance policy in Raleigh is really quite easy. Just about every person who carries car insurance will more than likely find a better price. Nevertheless, North Carolina consumers do need to understand the way insurance companies determine how much to charge and use it to your advantage.

The best way to compare car insurance rates for Subaru Outback insurance in Raleigh is to know auto insurance companies pay for the opportunity to quote your coverage. To start a quote, the only thing you need to do is give the companies some data like how your vehicles are used, how much you drive, if a SR-22 is required, and if the car is leased. The data is sent automatically to multiple different insurance companies and they return quotes almost instantly.

To check Subaru Outback insurance prices now, click here and find out if lower rates are available in Raleigh.

The companies in the list below provide free quotes in Raleigh, NC. If you wish to find the cheapest car insurance in NC, we suggest you visit several of them to get a more complete price comparison.

Subaru Outback insurance analysis

The coverage table shown below outlines detailed analysis of insurance premium costs for Subaru Outback models. Learning how insurance prices are established is important to be able to make decisions on the best policy to buy.

Subaru Outback Insurance Rates in Raleigh, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outback 2.5I $232 $360 $324 $20 $96 $1,032 $86
Outback 2.5I Premium $232 $438 $324 $20 $96 $1,110 $93
Outback 2.5I Limited $232 $438 $324 $20 $96 $1,110 $93
Outback 3.6R $232 $438 $324 $20 $96 $1,110 $93
Outback 3.6R Premium $232 $438 $324 $20 $96 $1,110 $93
Outback 3.6R Limited $258 $516 $324 $20 $96 $1,214 $101
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Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Price information does not factor in specific location which can impact coverage rates greatly.

Can higher deductibles save money?

When buying insurance, a common question is which deductible level should you buy. The comparison tables below summarize the premium difference between low and high coverage deductibles. The first set of prices uses a $250 deductible for comp and collision and the second price grid uses a $500 deductible.

Subaru Outback insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outback 2.5I $218 $266 $250 $14 $74 $847 $71
Outback 2.5I Premium $218 $324 $250 $14 $74 $905 $75
Outback 2.5I Limited $218 $324 $250 $14 $74 $905 $75
Outback 3.6R $218 $324 $250 $14 $74 $905 $75
Outback 3.6R Premium $218 $324 $250 $14 $74 $905 $75
Outback 3.6R Limited $242 $382 $250 $14 $74 $987 $82
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Subaru Outback insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outback 2.5I $176 $214 $250 $14 $74 $728 $61
Outback 2.5I Premium $176 $262 $250 $14 $74 $776 $65
Outback 2.5I Limited $176 $262 $250 $14 $74 $776 $65
Outback 3.6R $176 $262 $250 $14 $74 $776 $65
Outback 3.6R Premium $176 $262 $250 $14 $74 $776 $65
Outback 3.6R Limited $196 $308 $250 $14 $74 $842 $70
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price information does not factor in vehicle garaging location which can revise rates significantly.

Based on this data, using a $250 deductible will cost in the ballpark of $11 more each month or $132 a year than selecting the higher $500 deductible. Due to the fact that you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you have at a minimum 23 months between claim filings, you would come out ahead if you decide on a higher deductible.

Calculation for raising deductibles

Average monthly premium for $250 deductibles: $76
Average monthly premium for $500 deductibles (subtract): – $65
Monthly savings from raising deductible: $11
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $11
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One big caveat is that raising deductibles to save money means you will have to cover more of the damage yourself when you have a claim. That will force you to have some money saved in order to pay more for the deductible.

Drive responsibly or pay higher rates

The information below demonstrates how traffic citations and fender-benders can raise Subaru Outback insurance prices for different insured age categories. The costs are based on a single male driver, full coverage, $500 deductibles, and no policy discounts are applied.

Insurance rates based on gender

The illustration below shows the comparison of Subaru Outback premium costs for male and female drivers. The information is based on no accidents, no driving violations, comprehensive and collision coverage, $500 deductibles, marital status is single, and no other discounts are factored in.

Cost comparison with and without full coverage

The diagram below shows the comparison of Subaru Outback premium costs with liability coverage only compared to full coverage. The price estimates are based on no claims or driving violations, $250 deductibles, drivers are not married, and no policy discounts are applied.

When to drop full coverage

There is no exact rule for dropping full coverage, but there is a general convention. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s pretend your Subaru Outback settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,000 after the policy deductible has been paid. If you are currently paying more than $500 a year for comprehensive and collision coverage, then you might consider buying liability only.

There are a few cases where eliminating full coverage is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not eliminate full coverage.

Car insurance in North Carolina serves several purposes

Despite the high insurance cost for a Subaru Outback in Raleigh, insurance is most likely required but also gives you several important benefits.

The benefits of carrying adequate insurance definitely exceed the cost, particularly if you ever have a claim. Despite what companies tell you, the average driver is currently overpaying as much as $800 each year so shop around at every renewal to help ensure money is not being wasted.

Why Your Insurance Costs might be higher

The best way to find cheaper insurance is to take a look at some of the things that are used to determine the level of your policy premiums. When you know what positively or negatively determines base rates, this helps enable you to make changes that may reward you with better insurance rates. Lots of things are part of the calculation when pricing auto insurance. Some factors are common sense such as your driving history, although others are more transparent like your continuous coverage or your vehicle rating.

The factors shown below are just a few of the factors companies use to determine your premiums.

Policy add-ons may be wasting money – Insurance companies have many extra coverages that may not really be needed but may not be useful. Insurance for things like coverage for rental cars, towing coverage, and extra equipment coverage may be costing you every month. You may think they are a good idea when deciding what coverages you need, but your money might be better spent on other coverage so remove them from your policy.

Prices are affected by your address – Residing in smaller towns and rural areas of the country is a good thing when it comes to insurance. Fewer people means a lower chance of having an accident as well as less vandalism and auto theft. People who live in big cities have more road rage incidents and longer commute times. Higher commute times means higher likelihood of an accident.

Safety ratings are a factor – Cars with five star safety ratings tend to have lower insurance rates. Highly rated vehicles have better occupant injury protection and reduced instances of injuries means less money paid by your insurance company and more competitive rates for policyholders. If your Subaru Outback has at least four stars on or an “acceptable” rating on it is probably cheaper to insure.

Filing insurance claims can increase rates – Car insurance companies in North Carolina give lower rates to people who file claims infrequently. If you are a frequent claim filer, you can definitely plan on increased rates or even have your policy non-renewed. Your car insurance is designed for major claims that would cause financial hardship.

Insurance loss data for a Subaru Outback – Insurance companies use past insurance losses to determine a price that will be profitable for them. Vehicles that are shown to have a trend towards higher claim severity or frequency will have higher rates.

The table below illustrates the historical loss data for Subaru Outback vehicles. For each type of coverage, the claim amount for all vehicles, as an average, equals 100. Values under 100 represent a good loss history, while numbers that are greater than 100 point to more losses or statistically larger claims.

Car Insurance Loss Data for Subaru Outback Models
Specific Subaru Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Subaru Outback 4WD 58 68 106 63 64 68
Subaru Outback with Eyesight 4WD 57 46 106 61 58 40

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Don’t give up on cheap coverage

When you buy Raleigh car insurance online, don’t be tempted to buy lower coverage limits just to save a few bucks. Too many times, an insured dropped liability limits or collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

Some insurance companies may not have online quoting and these smaller providers only sell coverage through independent agents. Cheaper Subaru Outback insurance in Raleigh is attainable from both online companies and from local insurance agents, so you should compare both in order to have the best chance of saving money.

You just learned a lot of information how to reduce Subaru Outback insurance auto insurance rates online in Raleigh. The key thing to remember is the more times you quote, the higher your chance of finding the cheapest Subaru Outback rate quotes. You may even be surprised to find that the best price on car insurance is with a lesser-known regional company. These companies often have lower premium rates on specific markets as compared to the big name companies such as Allstate, GEICO and Progressive.

How to find low-cost Subaru Outback insurance in Raleigh

The easiest way to find low-cost car insurance rates in Raleigh is to compare prices annually from providers who provide auto insurance in North Carolina.

  1. Try to learn a little about how car insurance works and the things you can control to lower rates. Many rating factors that result in higher prices like speeding tickets, careless driving and a substandard credit score can be amended by making small lifestyle or driving habit changes.
  2. Request price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can provide rates from a single company like Progressive and State Farm, while agents who are independent can quote rates from many different companies.
  3. Compare the quotes to your current policy to see if a cheaper rate is available. If you find a lower rate quote, ensure there is no coverage lapse between policies.

One important bit of advice is to try to compare similar deductibles and liability limits on each quote request and to quote with as many companies as you can. This helps ensure an accurate price comparison and a better comparison of the market.

Additional car insurance information can be found on the following sites: