Buying affordable insurance for a Subaru Outback in New Jersey is pretty simple for most people to do, but it hinges on a lot of different factors such as how far you commute, the size of your vehicle, and driving citations. Drivers pay on average $1,994 a year for Outback insurance, but that cost is a valuation calculated based on a 30-year-old single female driver with full physical damage coverage and $100 deductibles.
There’s a good chance you’re not a 30-year-old female, married instead of single, or maybe you want more liability coverage than is required by law in New Jersey. Even a slight change in rating criteria or coverage limits may result in a big change in the amount insurance costs for a Subaru Outback.
Not every driver requires the same auto insurance coverages, so the only way to find cheap insurance rates for your Subaru is to put in the effort to do a thorough rate comparison.
Compare Subaru Outback Insurance Rates
Your vehicle’s trim level tends to impact price, so the price you pay to insure a Outback 2.5I trim level will be $386 lower than the cost to insure the more costly Outback 3.6R Limited version, as shown below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outback 2.5I | $518 | $756 | $648 | $38 | $194 | $2,154 | $180 |
| Outback 2.5I Premium | $518 | $918 | $648 | $38 | $194 | $2,316 | $193 |
| Outback 2.5I Limited | $518 | $918 | $648 | $38 | $194 | $2,316 | $193 |
| Outback 3.6R | $518 | $918 | $648 | $38 | $194 | $2,316 | $193 |
| Outback 3.6R Premium | $518 | $918 | $648 | $38 | $194 | $2,316 | $193 |
| Outback 3.6R Limited | $578 | $1082 | $648 | $38 | $194 | $2,540 | $212 |
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in specific location which can impact price quotes noticeably.
Determining which company has the most affordable insurance rates for a Subaru Outback will take a little more effort in order to find the most economical policy.
Every insurance company has a unique approach to determine premium rates, so let’s take a look at the insurance companies with the overall cheapest rates in Newark, NJ. It’s important that readers know that New Jersey insurance rates are calculated based on many things which can substantially decrease or increase the policy premium. Simply getting older, marrying your spouse, or having a fender bender may generate price changes resulting in some rates now being cheaper than competitors.
Cheapest Insurance Rates for Your Subaru
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | 21st Century | $1,078 |
| 2 | Travelers | $1,191 |
| 3 | New Jersey Manufacturers | $1,258 |
| 4 | Palisades | $1,341 |
| 5 | Penn National | $1,366 |
| 6 | California Casualty | $1,437 |
| 7 | Allstate | $1,478 |
| 8 | The Hartford | $1,536 |
| 9 | USAA | $1,600 |
| 10 | Mercury | $1,635 |
| 11 | Amica | $1,832 |
| 12 | Esurance | $1,838 |
| 13 | Progressive | $1,862 |
| 14 | MetLife | $1,932 |
| 15 | State Farm | $2,160 |
| 16 | GEICO | $2,196 |
| 17 | Encompass | $2,327 |
| 18 | Liberty Mutual | $2,978 |
| 19 | Hanover | $3,909 |
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21st Century may have some of the lowest car insurance rates in Newark at around $1,078 annually. This is $774 less than the average rate paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Palisades, and Penn National are also some of the best Newark, NJ auto insurance companies.
As illustrated above, if you currently have coverage with Travelers and switched to 21st Century, you could earn an annual premium reduction of in the neighborhood of $113. Policyholders with New Jersey Manufacturers could save as much as $180 a year, and Palisades policyholders might lower prices by up to $263 a year.
If you would like to find cheaper car insurance rates, click here to start a quote or visit several of the following companies.
Bear in mind that those policy rates are averaged across all types of insureds and vehicles and and are not figured with a specific zip code for a Subaru Outback. So the company that is best for you may not even be in the top 19 companies in the list above. That is why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.
Reckless driving habits raise insurance rates
One of the best ways to obtain affordable insurance rates for an Outback is to drive attentively and not have accidents or get tickets. The diagram below illustrates how violations and at-fault fender-benders can increase auto insurance costs for each different age group. The rates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.
The data above shows the average cost of auto insurance in Newark per year with no accidents and a clean driving record is $2,054. Get written up for two speeding tickets and the average cost rises to $2,821, an increase of $767 each year. Then add one accident along with the two speeding tickets and the annual cost of insurance for a Subaru Outback goes up to an average of $3,596. That’s an increase of $1,542, or $129 per month, just for being a little careless behind the wheel!
The importance of comparing Outback insurance rates
Newark, NJ insurance rates are calculated based on many things that will increase or decrease the price you have to pay for coverage. Simply having a birthday, having a claim, or getting a ticket for running a stop sign can trigger changes in premium that can cause some rates to be much cheaper than others. Not only may things change on your end, but car insurance companies modify pricing as needed to help ensure profitability. Significantly higher claims can cause higher priced premiums, while a better claims history can cause lower-priced Outback insurance rates.
For example, the bar chart below shows rates for the cheapest car insurance in Newark, NJ for a 30-year-old female driver with no violations or accidents, and solid credit. If we estimate rates based on her current rating profile, 21st Century may offer the best car insurance rates in Newark at $1,640 each year. This is $212 less than the average rate paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also on the list of the best Newark, NJ auto insurance companies.
In the next rate comparison, we’ll give the driver in the first example an at-fault accident, a lower credit score, and a speeding ticket. Because each company has their own unique process for setting rates, comparing prices may now result in a completely different list of companies as shown below.
Allstate now has the lowest price on auto insurance in Newark, NJ with The Hartford, USAA, Mercury, and Travelers completing the list. This shows why it is critical to compare many different companies to get the most budget-friendly car insurance quotes for a Subaru Outback. Rates are calculated by many risk factors and can decrease or increase without notice, so the best company the last time you shopped around may now be one of the higher cost companies.
How to find economical auto insurance for a Subaru Outback
The list below details a few penny-pinching ideas that can help Newark drivers quote more affordable coverage.
- Buy vehicles with good safety ratings
- Pay for small claims rather than turning them in to your insurance company
- Multi-policy discounts save money
- Remain accident-free and save
- Be a safe driver
- Drop full coverage on older vehicles
- Compare price quotes at least once a year
The last idea is very crucial, as was discussed in this write-up. Car insurance prices in Newark fluctuate constantly, so drivers shouldn’t hesitate to switch to a new company if you can find a cheaper rate. Loyalty to a specific company is fine, but it isn’t a good idea if your bullheadedness ends up costing you major coinage every year. Now is a great time to shop around to find cheaper auto insurance for a Subaru Outback.