Buying competitive coverage for a Subaru Outback in Wisconsin depends on a lot of factors such as age of the driver, your residence address, and your choice of deductibles. Drivers will pay around $611 annually to insure their Outback, but that cost is calculated based on a 50-year-old married male driver with full comprehensive and collision coverage and $250 deductibles.
More likely than not, you may not be 50 years old (or even male), single instead of married, or maybe you need higher liability limits than the state minimum. Having different needs demonstrates why the way we recommend to find cheap insurance prices for your Subaru is to just take the time to compare rates yourself.
Your vehicle’s trim level tends to impact the insurance rate, so the rate you pay to insure a Outback 2.5I trim level will be $108 lower than the insurance cost for the more well-appointed Outback 3.6R Limited model, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outback 2.5I Premium||$156||$254||$220||$14||$66||$710||$59|
|Outback 2.5I Limited||$156||$254||$220||$14||$66||$710||$59|
|Outback 3.6R Premium||$156||$254||$220||$14||$66||$710||$59|
|Outback 3.6R Limited||$174||$300||$220||$14||$66||$774||$65|
|Get Your Own Custom Quote Go|
Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Rate information does not factor in specific Milwaukee garaging location which can revise premium rates noticeably.
Finding out which company offers the lowest-priced insurance rates for a Subaru Outback requires a little more sweat in order to find the best price. Each insurance company has their own guidelines for determining rates in each state, so we’ll go over the insurance companies with the most affordable rates in Milwaukee.
We do need to point out that Milwaukee insurance rates are determined by lots of factors that control the price of coverage. Getting older, having a teenage driver, or getting a speeding ticket can produce rate changes that can now make some companies cheaper than competitors.
Find Cheaper Auto Insurance for Your Subaru
USAA may offer some of the cheapest car insurance rates in Milwaukee at around $580 annually. Partners Mutual, Erie, Rockford Mutual, and Nationwide also rank well as some of the most economical Milwaukee, WI car insurance companies.
As shown in the rates above, if you are insured with Rockford Mutual and switched to USAA, you could earn annual savings of roughly $166. Drivers with Nationwide might save as much as $172 a year, and Integrity Mutual insureds might reduce prices by as much as $182 a year.
Understand that those premiums are averaged across all drivers and vehicles in Wisconsin and do not factor in an exact vehicle garaging location for a Subaru Outback. So the insurer that can offer you the best rate may not even be in the top 30 companies shown above. That’s why you need to compare as many prices as possible using your own driver and vehicle profiles.
Rate comparison of full coverage and liability-only
Reducing premiums for insurance is important to most drivers, and one of the best ways to save on the cost of insurance for a Subaru Outback is to buy only liability coverage. The chart below visualizes the comparison of annual premium costs with full coverage and liability only. The costs are based on no claims or violations, $500 deductibles, drivers are not married, and no policy discounts are applied.
Averaged for all age groups, physical damage coverage on your policy costs $1,314 per year more than just insuring for liability. That proposes the question if buying full coverage is worth the expense. There is no set rule to stop buying comp and collision coverage, but there is a broad guideline. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s say your vehicle’s book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company would pay you is $6,000 after the deductible is paid. If you are paying more than $600 a year to have full coverage, then it might be time to consider dropping full coverage.
Rate increases following a ticket or accident
The best way to snag affordable insurance premiums in Wisconsin for an Outback is to drive attentively and avoid accidents and violations. The chart below highlights how speeding tickets and accidents can drive up insurance rates for different ages of insureds. The data assumes a single female driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.
The data charted above shows the average cost of car insurance in Wisconsin per year with no accidents and a clean driving record is $1,520. Receive one speeding ticket and the average cost surges to $1,721, an increase of $201 each year. Now include two accidents along with the one speeding ticket and the 12-month cost of insurance for a Subaru Outback increases to an average of $3,386. That’s an increase of $1,866, or $156 per month, just for a couple of infractions!
Why are you paying too much to insure your Outback?
Wisconsin insurance rates are determined by lots of factors that control the price you have to pay for coverage. Getting older, buying a different home, or getting into an accident can trigger rate changes that can make some companies much cheaper than others. Not only that, but companies amend pricing without warning to help ensure profitability. Higher than normal claim frequency or severity can result in increased policy costs, while better underwriting may produce cheaper Outback insurance rates.
For instance, the graph below analyzes the cheapest car insurance in Milwaukee, WI for a 30-year-old male driver with a clear driving record, no claims, and good credit. If we estimate prices based on his personal profile, USAA may offer the best car insurance rates in Milwaukee at $892 per year. This is $269 less than the average policy premium paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Rural Mutual Insurance are the remaining cheapest Milwaukee, WI auto insurance companies.
Now let’s give the driver from the first example a couple of claims, poor credit, and a traffic ticket or two. Since each insurance company uses a different method for setting prices, analyzing rates may result in a new list of the cheapest car insurance companies in Milwaukee as shown below.
Nationwide now has the best car insurance rate in Milwaukee with Pekin Insurance, Integrity Mutual, Travelers, and Partners Mutual also having competitive pricing. This example illustrates why it is so important to take the time to shop around when trying to find affordable car insurance quotes for a Subaru Outback. Rates are influenced by many things and change dramatically, so the most affordable company when you bought your policy may now be wasting a lot of money.
How to find cheaper auto insurance for a Subaru Outback
Here are some penny-pinching suggestions that can help Milwaukee drivers buy more affordable coverage.
- Drive safe vehicles
- Raise deductibles
- Good credit scores may make rates cheaper
- At-fault accidents can raise rates significantly
- You will pay more if you get tickets or have at-fault accidents
- If your vehicles are older, consider dropping full coverage
- Shop around for cheaper prices often
The last tip in the list is particularly valuable, as we hit on in this write-up. Insurance prices vary greatly, so don’t be hesitant to buy a different policy if a lower price can be found.
Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if that dedication is costing a small fortune. Spend a few minutes and compare rates to find cheaper car insurance for a Subaru Outback in Milwaukee.