Buying competitive auto insurance for a Subaru Outback is pretty straightforward, but it depends on a very complex rating algorithm that uses multiple factors such as whether you are a homeower, whether you are claim-free, and violations on your driving record. Drivers will pay around $1,167 annually to insure their Outback, but that is an approximation based upon a 50-year-old single male driver with full comprehensive and collision coverage and $100 deductibles.
If we were betting, you're not a 50-year-old male, married instead of single, and you want different coverage limits than the example. Just a slight change in policy rating criteria or coverages can result in a massive change in the policy cost.
Auto insurance is unique to each driver, so the only way to find cheap auto insurance rates for your Subaru is to compare rates from as many companies as possible. Price quotes are quick and you will receive price comparisons from some of the most affordable companies that insure Subaru vehicles in South Carolina.
Vehicle trim level tends to have a direct impact on price, so the cost to insure a Outback 2.5I trim level will be $228 cheaper than the cost to insure the higher-end Outback 3.6R Limited version, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outback 2.5I Premium||$286||$546||$386||$22||$116||$1,356||$113|
|Outback 2.5I Limited||$286||$546||$386||$22||$116||$1,356||$113|
|Outback 3.6R Premium||$286||$546||$386||$22||$116||$1,356||$113|
|Outback 3.6R Limited||$318||$644||$386||$22||$116||$1,486||$124|
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Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and South Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Price information does not factor in garaging location in South Carolina which can modify auto insurance rates significantly.
Comparing quotes for cheap insurance is easier said than done, and figuring out which companies offer the cheapest car insurance rates for a Subaru Outback in South Carolina involves a little more work. Each auto insurance company uses their own calculation to establish rates, so let's begin by examining the car insurance companies that tend to have lower prices in South Carolina.
We do need to point out that South Carolina car insurance rates are impacted by many things that can increase the price you have to pay. Taking a driver safety course, buying a higher-value vehicle, or getting a ticket for careless driving can trigger rate changes resulting in some rates now being more affordable than the competition.
Find the Cheapest Car Insurance for Your Subaru
The Hartford has some of the most affordable car insurance rates in South Carolina at around $768 a year. USAA, State Auto, Auto-Owners, and Southern Farm Bureau also rank well as some of the more affordable South Carolina auto insurance companies.
As shown above, if you currently have a policy with USAA and switched to The Hartford, you might see an annual premium reduction of in the vicinity of $247. Policyholders with State Auto could save as much as $326 a year, and Auto-Owners customers might lower prices by $373 a year.
Remember that these policy prices are averaged across all ages of drivers and types of vehicles and do not factor in a specific rate factor for a Subaru Outback. So the company that is best suited for you may not even be in the top 18 companies in the list above. That underscores the importance of why you need to quote rates from many companies using your own personalized driver profile and vehicle information.
Liability rates compared to full coverage
Paying less for car insurance is the goal of the majority of people, and one of the quickest ways to buy cheaper insurance for a Subaru Outback in South Carolina is to buy liability only. The diagram below illustrates the comparison of auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in South Carolina. The rate quotes are based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no discounts are taken into consideration.
If the expense is averaged for all age categories, physical damage coverage on your policy costs an extra $1,722 per year more than buying just liability insurance. A very common question is when is the right time to remove full coverage. There isn't a written rule that works best for making the decision to drop physical damage insurance, but there is a general convention. If the yearly cost of full coverage is 10% or more of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let's assume your vehicle's claim settlement value is $5,500 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,500 after the deductible is paid. If you are paying more than $450 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.
Here's why price comparisons are so important
South Carolina car insurance rates are calculated based on many things that control the price you have to pay for coverage. Getting older, buying higher coverage limits, or getting caught speeding can trigger rate changes that may make certain companies cheaper than before.
Also, car insurance companies file new South Carolina car insurance rates at least once a year in order to protect their financial rating. Unexpectedly high claims can cause increased policy costs, while lower claim levels may cause lower-priced Outback insurance rates.
The chart below analyzes the cheapest car insurance in South Carolina for a 35-year-old female driver with no accidents or violations, and good financial standing. If we look at prices based on her current risk profile, The Hartford has the cheapest car insurance rates in South Carolina at $768 per year. This is $841 less than the average price paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau are the remainder of the best South Carolina auto insurance companies.
Let's now give the driver from the first set of rates a claim, less-than-perfect credit, and an imperfect driving record. Since each auto insurance company uses their own calculation for determining rates in each state, analyzing rate quotes could now result in a different set of affordable South Carolina car insurance companies as shown below.
State Farm now has the lowest price in South Carolina with National Grange Mutual, Travelers, USAA, and The Hartford completing the list. This example demonstrates why it is so important to do a thorough rate comparison when trying to get the most affordable insurance rates for a Subaru Outback. Car insurance prices are made up of many factors and can increase or decrease at any time, so the cheapest option six months ago may now be priced much higher than other options.
How to find economical insurance for a Subaru Outback
Below you'll find many thrifty suggestions that can help drivers buy lower-cost auto insurance.
- Keep your driving record clean
- Higher credit scores may earn you cheaper rates
- Raise your physical damage coverage deductibles
- Choose a safer vehicle and pay lower rates
- Having at-fault accidents will increase rates
- Shop around for cheaper prices often
The final tip is especially critical, as we hit on in this piece. Insurance prices can change considerably based on profitability, so drivers shouldn't hesitate to change to a new company if a lower-cost policy is available. Many drivers tend to have loyalty to a certain company, but it's not a great idea if that loyalty ends up costing a wad of cash every year. Spend a few minutes and compare rates to find cheaper auto insurance for a Subaru Outback.