Buying the best cheap coverage for a Subaru Outback depends on many different factors such as your age, your credit score, and if you have a history of accidents. Drivers in Colorado pay around $1,069 annually for Outback insurance, but that cost is an estimation calculated using a 30-year-old married male driver with both comprehensive and collision coverage and $250 deductibles.
Odds are that you aren't exactly 30 years old or even a male, you might be single instead of married, and you don't want the same coverages and limits as the example. Having the smallest difference in rating factors or requested coverage amount can result in a large change in the cost of insuring your Outback.
Everyone has unique insurance needs, and this illustrates why the only way to find the cheapest insurance price for your Subaru is to do the rate comparisons yourself.
Your Subaru's trim level can impact the annual cost of coverage, so the price you pay to insure a Outback 2.5I will be $198 lower than the insurance cost for the high end Outback 3.6R Limited model, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outback 2.5I Premium||$306||$458||$352||$20||$106||$1,242||$104|
|Outback 2.5I Limited||$306||$458||$352||$20||$106||$1,242||$104|
|Outback 3.6R Premium||$306||$458||$352||$20||$106||$1,242||$104|
|Outback 3.6R Limited||$342||$538||$352||$20||$106||$1,358||$113|
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Rate information does not factor in vehicle location which can impact coverage rates substantially.
Finding good, cheap car insurance is tough enough, and figuring out which company offers the cheapest insurance rates for a Subaru Outback in Colorado will involve a bit more work. Each auto insurance company has their own unique process for setting prices, so let's rank the lowest cost insurance companies in Colorado.
It's important to understand that Colorado insurance rates are impacted by many things that will increase or decrease the price of coverage. This price fluctuation is why it is crucial to do a thorough rate comparison when trying to get the cheapest auto insurance rates for a Subaru Outback. Insurance prices are impacted by many factors and can increase or decrease at any time, so the best company the last time you compared rates may now not even be in the top five.
Best Insurance Companies for Your Subaru
|Rank||Company||Cost Per Year|
|15||Colorado Farm Bureau||$1,624|
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The Hartford has some of the cheapest car insurance rates in Colorado at around $850 annually. This is $728 less than the average rate paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and GEICO also qualify as some of the cheapest Colorado auto insurance companies.
In this example, if you buy coverage from USAA and switched to The Hartford, you could see yearly savings of approxmiately $179. Customers with Nationwide might save as much as $271 a year, and GEICO policyholders might lower prices by $302 a year.
Be aware that those prices are averaged across all types of insureds and vehicles and and are not figured with a specific rate factor for a Subaru Outback. So the insurer that fits you best may not even be in the top 21 companies shown above. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.
How to get discounts on Colorado car insurance
Insurance providers that offer cheap quotes for a Subaru Outback may additionally offer price discounts that could potentially reduce rates by as much as 25% or more if you meet certain criteria. Larger insurance companies and a summarized list of policyholder discounts include:
- American Family offers discounts for mySafetyValet, defensive driver, good driver, bundled insurance, multi-vehicle, air bags, and accident-free.
- State Farm offers discounts including passive restraint, multiple autos, student away at school, good driver, and defensive driving training.
- 21st Century policyholders can earn discounts including student driver, defensive driver, good student, anti-lock brakes, air bags, and 55 and older.
- Travelers offers premium reductions for save driver, driver training, payment discounts, early quote, multi-car, home ownership, and new car.
- GEICO discounts include air bags, membership and employees, military active duty, federal employee, daytime running lights, anti-lock brakes, and driver training.
The information below shows the comparison of insurance costs with and without discounts applied to the policy premium. The rates are based on a male driver, no claims or driving citations, Colorado state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second shows the rates with passive restraint, homeowner, marriage, anti-theft, defensive driving course, and multiple policy discounts applied. When drivers take advantage of discounts, the the average yearly reduction on insurance for a Subaru Outback is 28% or $553.
Your cheap Outback insurance may actually be overpriced
Colorado insurance rates are calculated based on many things which can substantially change the cost of coverage. Improving your credit rating, getting married, or having an at-fault accident may generate price changes resulting in some rates now being affordable when they were higher priced.
Not only may your situation change, but insurance companies amend premium rates as often as every quarter in order to be able to pay unexpected claims. Heavy losses can result in additional premium costs, while long-term profits can result in cheaper Outback insurance rates.
For example, the bar chart below analyzes the cheapest car insurance in Colorado for a 45-year-old female driver with no prior accidents, a clean driving record, and great credit. When comparing rates based on her current risk profile, The Hartford quotes the cheapest car insurance rates in Colorado at $825 each year. This is $753 less than the average price paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and GEICO are also included in the top five cheapest Colorado auto insurance companies.
Now we will pretend the driver from the first rate comparison a claim, a lower credit rating, and a traffic citation. Because every insurance company has their own guidelines to determine rates, analyzing rate quotes will most likely result in a substantially altered list of cheap Colorado auto insurance companies as shown below.
Travelers now has the cheapest insurance rate in Colorado with State Farm, Grange, American Family, and Progressive completing the list. This demonstrates why Colorado drivers need to perform a complete rate comparison to find the best auto insurance rates for a Subaru Outback.
Insurance prices consist of many different factors and can change without notice, so the cheapest option six months ago may now not even be in the top five.