Save Money on Subaru Outback Insurance in Denver

Want to know how to find lower-priced auto insurance rates in Denver, CO? Denver shoppers have many options when shopping for the best price on Subaru Outback insurance. You can either waste hours calling around getting price quotes or utilize the internet to find the lowest rates. There is a right way and a wrong way to find auto insurance online and we’ll show you the proper way to quote coverages for your Subaru and obtain the cheapest rates.

It’s important to shop coverage around periodically because auto insurance prices trend upward over time. Just because you found the best rate on Subaru Outback insurance in Denver at your last renewal a different company probably has better premium rates today. Forget all the misinformation about auto insurance because you’re about to find out how to use the internet to eliminate unnecessary coverages and save money on Subaru Outback insurance in Denver.

The companies in the list below are ready to provide free rate quotes in Denver, CO. If multiple companies are shown, we recommend you compare several of them to find the most affordable auto insurance rates.

Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Price estimates do not factor in vehicle garaging location which can revise auto insurance rates noticeably.

How high should deductibles be?

The diagram below highlights how deductible choice and can impact Subaru Outback insurance costs for each age group. The rate quotes are based on a married female driver, comprehensive and collision coverage, and no discounts are applied to the premium.

Raise deductibles and save

The hardest decision when buying coverage is where to set your physical damage deductibles. The comparison tables below can help show the price difference when you choose different policy deductibles. The first price estimate table uses a $250 deductible for comp and collision and the second set of prices uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium costs do not factor in vehicle location which can revise auto insurance rates considerably.

Using the data above, we can ascertain that using a $250 deductible will cost you approximately $26 more each month or $312 each year than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 29 months between claims, you would probably be better off if you elect the higher deductible.

How accidents and violations affect rates

The example below shows how violations and accident claims can raise Subaru Outback yearly insurance costs for each age group. The information is based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.

Car insurance protects more than just your car

Despite the fact that car insurance is not cheap in Denver, car insurance is required in Colorado but also provides important benefits.

First, almost all states have minimum liability requirements which means you are required to buy specific minimum amounts of liability protection in order to drive the car legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you bought your Subaru Outback with a loan, more than likely the lender will make it mandatory that you buy insurance to protect their interest in the vehicle. If you default on your policy, the lender may have to buy a policy to insure your Subaru at a much higher premium rate and force you to pay the higher premium.

Third, insurance safeguards both your vehicle and your personal assets. It will also provide coverage for hospital and medical expenses incurred in an accident. Liability insurance, one of your policy coverages, also covers legal expenses if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your policy will cover the damage repairs after a deductible is paid.

The benefits of carrying adequate insurance are definitely more than the cost, especially for larger claims. On average, a vehicle owner in Denver overpays as much as $810 a year so we recommend shopping around at every renewal to save money.

Subaru Outback Insurance Costs Can Be More Affordable

It’s important that you understand the factors that are used to determine your premiums. If you know what influences your rates, this enables informed choices that could help you find big savings. Lots of factors are part of the equation when you get your auto insurance bill. Some are obvious like an MVR report, but other criteria are not as apparent such as whether you are married or your vehicle rating.

• Safer cars means cheaper insurance – Cars with five star safety ratings cost less to insure. These vehicles reduce occupant injuries and any reduction in injury severity translates into fewer and smaller insurance claims and cheaper rates on your policy.
• Cheaper to insure women? – Over the last 30 years, statistics show women are more cautious behind the wheel. The data does not necessarily mean that females are better drivers. Males and females are responsible for accidents at about the same rate, but the men tend to have higher claims. They also get higher numbers of serious violations like DUI and reckless driving.
• GPS tracking and theft deterrents lower premiums – Owning a car with a theft deterrent system can earn a premium discount. Systems that thwart thieves such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop your car from being stolen.
• Youthful drivers pay high premiums – Older, more experienced drivers are proven to be safer behind the wheel, tend to file fewer claims, and get fewer tickets.Drivers with little experience are known to be careless and easily distracted with other occupants in the car therefore auto insurance rates are much higher.
• Raise coverage deductibles and save – Comp and collision deductibles tell how much you are willing to pay out-of-pocket before your auto insurance pays a claim. Insurance for physical damage to your car, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of claims that would be covered are collision with another vehicle, vandalism, and damage from wind. The more damage repair cost you’re willing to pay, the bigger discount you will receive.
• Accidents inflate premiums – Good drivers tend to pay less for car insurance as compared to those with violations. Just one citation can increase rates substantially. Drivers unfortunate enough to have flagrant tickets such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to legally drive.
• Insure car and home with the same company – Many companies will give lower prices to customers that purchase more than one policy such as combining an auto and homeowners policy. Even with this discount applied, you may still want to compare other company rates to guarantee you are still saving the most. You may still save even more than the discount by splitting coverages up.
• Claims statistics for a Subaru Outback – Insurers study historical loss data when setting rates for each model. Models that the data determines to have higher number or severity of losses will have higher rates.

  The information below illustrates the collected loss data for Subaru Outback vehicles. For each policy coverage, the statistical loss for all vehicles combined as an average is equal to 100. Numbers below 100 indicate better than average losses, while values that are 100 or greater indicate frequent claims or statistically larger claims.

  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

Determine discounts on Denver car insurance

Insurance can cost an arm and a leg, but you may find discounts to reduce the price significantly. Some of these discounts will be visible when you get a quote, but some need to be manually applied before you get the savings.

• Active Service Discounts – Having a family member in the military could mean lower premium rates.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to buckle up could save 15% off the medical payments premium.
• Data Collection Discounts – Drivers who elect to allow their company to spy on driving patterns by installing a telematics device such as Progressive’s Snapshot could possibly reduce rates as long as the data is positive.
• Membership in Organizations – Joining qualifying clubs or civic groups could qualify you for a break on your next renewal.
• Early Payment Discounts – If paying your policy premium upfront as opposed to paying monthly you can avoid monthly service charges.
• Government Employee Discount – Having worked for a branch of the government can earn a discount up to 10% depending on your company.

A quick disclaimer, some credits don’t apply to your bottom line cost. Most only apply to specific coverage prices like comprehensive or collision. Despite the appearance that all the discounts add up to a free policy, you won’t be that lucky.

Some companies that may offer policyholders these money-saving discounts include:

• Progressive
• AAA
• Farmers Insurance
• GEICO
• Esurance
• SAFECO
• State Farm

It’s a good idea to ask each insurance company what discounts are available to you. Some of the discounts discussed earlier might not be offered on policies in Denver.

Different people need different insurance coverages

Always remember that when buying the best insurance coverage for your personal vehicles, there really isn’t a single plan that fits everyone. Your needs are not the same as everyone else’s.

For instance, these questions could help you determine if you might need an agent’s assistance.

• Do I need rental car coverage?
• Does having multiple vehicles earn me a discount?
• Can I afford to pay high deductible claims out of pocket?
• Why am I required to buy high-risk coverage?
• I have a DUI can I still get coverage?
• Are my friends covered when driving my Subaru Outback?
• Is motorclub coverage worth it?
• Am I covered if I hit a deer?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Get rate quotes but work with a local Denver insurance agent

Some consumers still like to get professional advice from a licensed agent and we recommend doing that Insurance agents will help you protect your assets and help file insurance claims. The biggest benefit of comparing rates online is you can get lower rates but still work with a licensed agent.

To find an agent, once you fill out this form (opens in new window), your insurance data gets sent to companies in Denver who will gladly provide quotes for your insurance coverage. There is no need to drive around because prices are sent to you instantly. If you wish to get a rate quote for a specific company, you just need to search and find their rate quote page to submit a rate quote request.

Selecting an insurer requires you to look at more than just the price. You should also get answers to these questions.

• Are there any discounts that you might be missing?
• Will the agent help in case of a claim?
• Can they provide you with a list of referrals?
• Does the agency have a good rating with the Better Business Bureau?
• Do they make recommendations based only on price?
• Are they full-time agents?
• How often do they review coverages?
• Is the agent and/or agency licensed to do business in Colorado?

In the end, you can save money

You just read a lot of ways to find lower-cost Subaru Outback insurance in Denver. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your car insurance rates. Consumers could even find that the lowest priced auto insurance comes from the smaller companies.

The cheapest Subaru Outback insurance in Denver can be sourced both online and with local Denver insurance agents, and you should compare rates from both to have the best chance of lowering rates. Some auto insurance companies may not have online quoting and most of the time these regional carriers work with local independent agencies.

Drivers switch companies for any number of reasons including high rates after DUI convictions, an unsatisfactory settlement offer, not issuing a premium refund or policy non-renewal. Whatever your reason, choosing a new company can be easier than you think.

Even more information is available at these sites:

• Vehicle Insurance (Wikipedia)
• Who Has the Cheapest Denver Car Insurance Rates for Drivers with a DUI? (FAQ)
• Who Has Cheap Auto Insurance Quotes for Veterans in Denver? (FAQ)
• Who Has Cheap Auto Insurance for Unemployed Drivers in Denver? (FAQ)
• Auto Insurance Basics (Insurance Information Institute)
• Collision Coverage (Liberty Mutual)