Cheap Quotes for Subaru Outback Insurance in Anchorage

Insurance rates Subaru Outback in AnchorageTired 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.

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.Car insurance discounts

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.

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.

Subaru Outback Insurance Rates in Anchorage, AK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outback 2.5I $168 $184 $356 $22 $106 $836 $70
Outback 2.5I Premium $168 $222 $356 $22 $106 $874 $73
Outback 2.5I Limited $168 $222 $356 $22 $106 $874 $73
Outback 3.6R $168 $222 $356 $22 $106 $874 $73
Outback 3.6R Premium $168 $222 $356 $22 $106 $874 $73
Outback 3.6R Limited $186 $262 $356 $22 $106 $932 $78
Get Your Own Custom Quote Go

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.

Subaru Outback insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outback 2.5I $264 $348 $272 $16 $82 $1,007 $84
Outback 2.5I Premium $264 $422 $272 $16 $82 $1,081 $90
Outback 2.5I Limited $264 $422 $272 $16 $82 $1,081 $90
Outback 3.6R $264 $422 $272 $16 $82 $1,081 $90
Outback 3.6R Premium $264 $422 $272 $16 $82 $1,081 $90
Outback 3.6R Limited $294 $498 $272 $16 $82 $1,187 $99
Get Your Own Custom Quote Go

Subaru Outback insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outback 2.5I $192 $234 $272 $16 $82 $796 $66
Outback 2.5I Premium $192 $286 $272 $16 $82 $848 $71
Outback 2.5I Limited $192 $286 $272 $16 $82 $848 $71
Outback 3.6R $192 $286 $272 $16 $82 $848 $71
Outback 3.6R Premium $192 $286 $272 $16 $82 $848 $71
Outback 3.6R Limited $214 $336 $272 $16 $82 $920 $77
Get Your Own Custom Quote Go

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.

Average monthly premium for $100 deductibles: $91
Average monthly premium for $500 deductibles (subtract): – $71
Monthly savings from raising deductible: $20
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $20
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

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.

Anchorage, Alaska Car Insurance Company Rankings
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Farmers Insurance 78 87 88 79% A 84.3
Compare Rates Now Go

Data Source: Best Car Insurance Companies

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.