Buying economical insurance for a Subaru Outback is fairly simple, but it hinges on a very complex rating algorithm that uses multiple factors such as the mileage of your daily commute, your profession, and driving violations and tickets. Nevada drivers pay on average $814 annually for Outback insurance, but that price is using a 40-year-old married female driver with full coverage and $500 deductibles.
But there is a high probability that you aren't exactly 40 years old or even a female, possibly single instead of married, or maybe you are just looking for cheap liability insurance. Even a minor change in rating factors or requested coverage amount can make a big difference in policy price.
This example demonstrates why the best method for finding the cheapest rates for your Subaru is to do a thorough rate comparison.
Your vehicle's trim level tends to have a direct effect on the cost of insurance, so the price you will pay to insure a Outback 2.5I trim level will be $136 cheaper than the cost to insure the more well-appointed Outback 3.6R Limited version, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outback 2.5I Premium||$188||$318||$324||$20||$96||$946||$79|
|Outback 2.5I Limited||$188||$318||$324||$20||$96||$946||$79|
|Outback 3.6R Premium||$188||$318||$324||$20||$96||$946||$79|
|Outback 3.6R Limited||$210||$374||$324||$20||$96||$1,024||$85|
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Prices do not factor in the specific area where the vehicle is garaged which can influence rates greatly.
Comparing rates for cost effective auto insurance is not easy, and deciding which company offers the lowest-priced car insurance rates for a Subaru Outback in Nevada may require a bit more work. Each auto insurer uses slightly different criteria to determine rates, so let's take a look at the most competitive car insurance companies in Nevada.
Best Car Insurance Prices for Your Subaru
|Rank||Company||Cost Per Year|
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Travelers may have some of the cheapest car insurance rates in Nevada at around $903 a year. Allied, Capital, Oregon Mutual, and American Family are also some of the most economical Nevada auto insurance companies.
As shown in the rates above, if you buy coverage from American Family and switched to Allied, you might see savings of approximately $297. Insureds with GEICO might save as much as $298 a year, and Progressive customers might see rate reductions of $317 a year.
If you want to find out if you're overpaying, click here to get quotes or visit any of the low-priced companies below.
Be aware that those prices are averages across all insureds and vehicles and and are not figured with a specific rate value for a Subaru Outback. So the car insurance company that can offer you the lowest price may not even be in the top 20 companies shown above. That helps illustrate why you need to get rate quotes from many companies using your own specific driver and vehicle information.
The diagram below illustrates how choosing a deductible can change premium costs when trying to find cheap insurance for a Subaru Outback in Nevada. The costs are based on a married female driver, full physical damage coverage, and no additional discounts are factored in.
The data above shows that a 50-year-old driver could lower rates by $262 a year by increasing from a $100 deductible up to a $500 deductible, or save $396 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old category, could potentially save $648 or even more by selecting a higher deductible.
When increasing deductibles, it is essential to have enough in a savings account to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Here's why you should shop around
Nevada car insurance rates are impacted by many factors that can increase the cost of a policy. Simply having another birthday, buying higher coverage limits, or having an at-fault accident can trigger price changes that can make some companies cheaper than others.
Not only that, but insurers file new rates without warning to adjust for unexpected claims or profits. Higher than normal claim frequency or severity may cause higher rates, while lower claim levels can produce cheaper Outback insurance rates.
The graph below shows the company with the cheapest car insurance in Nevada for a 30-year-old male driver with no prior claims, no tickets, and good credit. When quoting prices based on his personal risk profile, Travelers offers the cheapest car insurance rates in Nevada at $912 a year. This is $662 less than the average premium paid by Nevada drivers of $1,574. Allied, Capital, American Family, and Oregon Mutual are the rest of the cheapest Nevada auto insurance companies.
In the next rate comparison, we'll give the driver from the above example an accident surcharge, a little lower credit rating, and a few blemishes on his driving record. Because every insurance company has their own process for establishing rates, analyzing rates will most likely result in a substantially altered list of affordable Nevada car insurance companies as shown below.
GEICO now has the cheapest insurance rate in Nevada with USAA, Nationwide, Capital, and Allied also being competitive. This example demonstrates why Nevada drivers need to spend some time comparing rates when trying to find affordable car insurance quotes for a Subaru Outback.
Auto insurance prices are determined by many different factors and can decrease or increase without notice, so the cheapest option three years ago may now be an over-priced policy.
How to find budget-friendly auto insurance for a Subaru Outback
Below you'll find some of the recommended thrifty suggestions that can help you buy lower-cost coverage.
- Raise deductibles to save money
- Vehicles with safetly features generally cost less to insure
- Accident-free drivers may qualify for discounts
- Good credit can mean cheaper rates
- Do not get tickets
- Compare quotes from other companies often
The last item on the list is especially vital, as was stressed in the article above. Insurance rates fluctuate constantly, so drivers shouldn't hesitate to buy from a new company if you can save money. Many drivers prefer to stick with one company, but it's not a good idea if that inflexibility results in costing you hundreds of dollars year after year. Now is a great time to shop around to find cheaper auto insurance for a Subaru Outback.