Cheap Quotes for Subaru Outback Insurance in Anchorage

Tired of robbing Peter to pay Paul to buy insurance? You’re in the same situation as many other consumers in Alaska.

It’s an obvious assumption that car insurance companies don’t want you comparing rates. Drivers who get comparison quotes at least once a year are very likely to switch to a new company because they have good chances of finding a lower-priced policy. Remarkably, a study showed that consumers who made a habit of comparing rate quotes saved on average $850 each year as compared to drivers who never compared prices.

If finding the best rates on insurance in Anchorage is your objective, then having some insight into how to shop for coverage rates can save time and make the process easier.

Steps to finding cheaper quotes for Subaru Outback insurance in Anchorage

Really, the only way to get affordable Subaru Outback insurance is to make a habit of comparing prices annually from companies in Anchorage. This can be done by following these guidelines.

• First, get a basic knowledge of coverages and the modifications you can make to drop your rates. Many risk factors that result in higher rates like speeding and a not-so-good credit score can be rectified by making minor driving habit or lifestyle changes. Continue reading for additional tips to get better rates and earn a bigger discount.
• Second, request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like GEICO and Allstate, while independent agents can give you price quotes for many different companies.
• Third, compare the quotes to the premium of your current policy to see if cheaper Outback coverage is available. If you find a lower rate quote and buy the policy, make sure coverage does not lapse between policies.

One thing to remember is that you’ll want to compare similar deductibles and liability limits on each price quote and and to get quotes from as many different insurance providers as possible. This enables an apples-to-apples comparison and maximum price selection.

Many auto insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest rate on Subaru Outback insurance in Anchorage.

Consumers need to get comparison quotes occasionally because rates trend upward over time. If you had the best premium rates on Subaru Outback insurance in Anchorage a year ago you will most likely find a better price today. Forget all the misinformation about insurance because you’re about to learn the easiest way to properly buy coverages while reducing your premium.

How to shop Subaru Outback insurance online

Finding a better price on car insurance is not a difficult process. You just have to take a few minutes to compare rate quotes online from several insurance companies.

Online shopping is fast and free, and it replaces the need to waste gas driving to insurance agents’ offices. Quoting and buying Subaru Outback insurance online makes this process obsolete unless you have a complicated situation and need the professional guidance that can only be provided by a licensed insurance agent. Some companies do allow you to compare online quotes but purchase the actual policy in an agency.

The companies shown below can provide free rate quotes in Alaska. If you want the best car insurance in Alaska, it’s a good idea that you visit as many as you can to get the best price comparison.

Anchorage car insurance discounts

Companies that sell car insurance do not list every policy discount in a way that’s easy to find, so the list below contains some of the more common and also the lesser-known discounts that may be available.

• Telematics Data – Policyholders that allow driving data submission to analyze driving habits by using a telematics device in their vehicle like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if they have good driving habits.
• Sign Online – Many insurance companies may give you up to $50 for buying your policy over the internet.
• No Charge for an Accident – This one isn’t a discount, but some companies like Allstate and GEICO will forgive one accident before they charge you more for coverage so long as you haven’t had any claims for a specific time period.
• Passive Restraints – Vehicles equipped with air bags can get savings of up to 25% or more.
• Defensive Driver Discounts – Taking time to complete a course in defensive driver is a good idea and can lower rates if you qualify.
• Save with More Vehicles Insured – Buying insurance for multiple vehicles with the same car insurance company can reduce the rates for all insured vehicles.
• Resident Student – Children who are enrolled in a college that is more than 100 miles from Anchorage and do not have a car can receive lower rates.

While discounts sound great, it’s important to understand that some of the credits will not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

The example below compares Subaru Outback insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a female driver, no violations or accidents, Alaska state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, homeowner, marriage, and safe-driver discounts applied.

A list of car insurance companies and their offered discounts are shown below.

• American Family policyholders can earn discounts including multi-vehicle, mySafetyValet, bundled insurance, defensive driver, early bird, and air bags.
• Farm Bureau offers discounts including multi-policy, driver training, safe driver, good student, renewal discount, and youthful driver.
• State Farm has discounts for Steer Clear safe driver discount, accident-free, driver’s education, good driver, anti-theft, and Drive Safe & Save.
• Travelers discounts include payment discounts, student away at school, good student, save driver, and multi-policy.
• The Hartford may include discounts for good student, driver training, bundle, anti-theft, and air bag.
• GEICO includes discounts for seat belt use, membership and employees, five-year accident-free, driver training, and emergency military deployment.
• Progressive offers premium reductions for good student, multi-vehicle, homeowner, online quote discount, continuous coverage, and multi-policy.

If you are trying to find cheaper Anchorage car insurance quotes, ask every insurance company to apply every possible discount. Some of the earlier mentioned discounts may not be available in every state. If you would like to see a list of insurance companies who offer online Subaru Outback insurance quotes in Anchorage, follow this link.

Coverage statistics and figures

The data table displayed below highlights estimates of insurance costs for Subaru Outback models. Having knowledge of how insurance prices are formulated can help guide drivers when making informed decisions when comparing rates.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rates do not factor in specific garaging location which can change insurance rates noticeably.

How high should deductibles be?

When comparing car insurance rates, the most common question is where should you set your physical damage deductibles. The following insurance rates may help to illustrate the premium difference when you buy lower versus higher insurance deductibles. The first rate quote example uses a $100 physical damage deductible and the second data table uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Price information does not factor in your specific Anchorage location which can alter insurance rates noticeably.

Using the data above, we can ascertain that using a $100 deductible costs roughly $20 more each month or $240 every year than opting for the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at least 20 months between claim filings, you would probably come out ahead if you decide on a higher deductible. The numbers below show how you can make this decision for your own policy.

One important note is that a higher deductible means you will have to pay more of your own money when you do file a claim. You must have some available funds in the event you need to pay more for the deductible.

Car insurance rates by age and gender in Anchorage

The diagram below compares Subaru Outback car insurance costs for male and female drivers. The rate quotes are based on no violations or claims, comp and collision included, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Which car insurance company is best in Alaska?

Finding the right car insurance company can be challenging considering how many different companies insure vehicles in Anchorage. The ranking data shown below could help you decide which companies to look at when comparing rates.

Quote Subaru Outback Insurance Cheaper

Lots of things are part of the equation when premium rates are determined. A few of the factors are predictable such as your driving history, but some are not quite as obvious such as your credit history or your financial responsibility. An important part of buying insurance is that you know the rating factors that go into determining your policy premiums. When you understand what determines base rates, this helps enable you to make changes that can earn you better auto insurance rates.

The itemized list below are some of the major factors used by insurance companies to determine your rate level.

• More people means more accidents – Being located in small towns and rural areas can save you money when talking about auto insurance. Less people translates into fewer accident claims and also fewer theft and vandalism claims. City drivers have more road rage incidents and longer commutes to work. More time on the road means a statistically higher chance of an accident.
• Premiums are affected by your credit score – Credit rating can be a huge factor in calculating your auto insurance rates. People with good credit tend to be better drivers and file fewer claims as compared to drivers with lower credit scores. Therefore, if your credit is low, you could save money insuring your Subaru Outback by taking the time to improve your credit score.
• Safer the car lower the rate – Safe vehicles cost less to insure. Vehicles built for safety help reduce the chance of injuries in an accident and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Subaru has ratings of a minimum four stars on Safercar.gov you may be receiving a better rate.
• If you don’t need it don’t buy it – There are a ton of add-on coverages that you can buy but may not be useful. Add-on coverages like replacement cost coverage, towing coverage, and membership fees may be costing you every month. The coverages may be enticing when you first buy your policy, but your needs may have changed so get rid of them and save.

• Age of drivers impacts prices – More experienced drivers are more responsible, statistically cause fewer accidents, and tend to be get fewer driving tickets. Drivers with little experience are proven to be inattentive when driving and because of this, their auto insurance rates are much higher.

  The next chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

• Subaru Outback historical loss data – Car insurance companies take into consideration historical loss data for every vehicle to calculate a price that will offset any claims. Vehicles that the statistics show to have increased claim numbers or amounts will cost more to insure. The table shown below demonstrates the collected loss data for Subaru Outback vehicles.

  For each coverage category, the claim amount for all vehicles, without regard to make or model, is represented as 100. Values that are under 100 are indicative of better than average losses, while values over 100 indicate more frequent losses or an increased likelihood of larger losses.

  
  

  Car Insurance Loss Data for Subaru Outback Models

  Vehicle Make and 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

  BETTER

  AVERAGE

  WORSE

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