How to Save on Charlotte Subaru Outback Insurance

Want more competitive car insurance rates in Charlotte, NC? Charlotte drivers have a choice when trying to find the lowest priced Subaru Outback insurance. You can either spend your time driving around to get rate comparisons or use the internet to find the lowest rates.

There are more efficient ways to shop for car insurance and you need to know the absolute fastest way to compare rates for your Subaru and find the lowest possible price from both online companies and Charlotte agents.

Unimaginable but true, nearly 70% of consumers kept their coverage with the same car insurance company for more than four years, and approximately 40% of consumers have never shopped around. Many drivers in North Carolina could save approximately 10% each year just by comparing rates, but they won’t spend time to compare rate quotes.

Smart consumers take time to get comparison quotes before your next renewal since insurance prices change quite often. Just because you found the best quotes on Subaru Outback insurance in Charlotte two years ago the chances are good that you can find a lower rate today. Forget all the misinformation about car insurance because you’re going to get a crash course in the best methods to find better rates and still maintain coverage.

If you are insured now or just want to reduce your rates, you can use these techniques to reduce premiums and possibly find even better coverage. The goal of this article is to teach you how to compare rates easily and some tricks to saving. You just need to know the most efficient way to shop for insurance from multiple carriers.

How Insurance Companies Determine Subaru Outback Insurance Prices

Lots of factors are used when you get your auto insurance bill. Some of the criteria are obvious such as traffic violations, but other criteria are not as apparent such as whether you are married or your financial responsibility. A large part of saving on insurance is knowing some of the factors that help calculate your premiums. When consumers understand what influences your rates, this allows you to make good choices that can help you get lower insurance prices.

• The type of car, truck or SUV you drive affects your premiums – The make and model of the car you are trying to find cheaper insurance for makes a huge difference in the rate you pay. The lowest base rates will generally be found on smaller low performance passenger vehicles, but many other things help determine your insurance rates.

  The following data assumes a married male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. The data compares Subaru Outback rates compared to other makes and models that have a range of performance risks.

• Physical damage deductibles – Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Subaru from damage. Some instances where coverage would apply would be a broken side mirror, damage caused by hail, and damage from a fallen tree branch. The deductibles state the amount of money you are required to pay if you file a covered claim. The higher the amount you have to pay, the better rate you will receive.
• Cheaper premiums with safer cars – Vehicles with good safety scores tend to have better insurance rates. Safer cars result in less severe injuries and fewer injuries means less money paid by your insurance company and cheaper rates on your policy.
• You might want pay the inexpensive insurance claims yourself – If you file a lot of claims you can expect either higher rates or even cancellation. Companies in North Carolina generally give discounts to people who are not frequent claim filers. Auto insurance is designed for larger claims.

• Subaru Outback insurance loss statistics – Auto insurance companies use statistical claims data as a way to help calculate a profitable premium rate. Vehicles that the statistics show to have higher claim frequency or loss amount will cost more for specific coverages.

  The table below outlines the actual insurance loss data for Subaru Outback vehicles. For each coverage type, the claim probability for all vehicles, regardless of make or model, is a value of 100. Percentage values below 100 mean the vehicle has better than average losses, while percentages above 100 indicate more frequent claims or statistically larger losses.

  
  

  Auto Insurance Loss Data for Subaru Outback Models

  Vehicle 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

The quickest method to get policy rate comparisons for Subaru Outback insurance in Charlotte is to realize almost all companies have advanced systems to give free rates quotes. The only thing you need to do is provide information like if you are currently licensed, how much school you completed, an estimate of your credit level, and driver details. The rating information is automatically sent to many of the top insurers and you should receive rate quotes within a short period of time.

To find the cheapest Subaru Outback insurance rates, click here then complete the form.

The companies shown below are our best choices to provide price quotes in Charlotte, NC. To get the best cheap auto insurance in Charlotte, NC, we recommend you click on several of them to get the lowest price.

Coverage information

The data table displayed next outlines estimates of coverage costs for Subaru Outback models. Learning a little about how rate quotes are figured can aid in making smart choices when comparing insurance rates.

Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Information does not factor in vehicle garaging location which can lower or raise auto insurance rates noticeably.

Physical damage deductibles

One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The tables below summarize the premium difference of buying low and high insurance deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second pricing table uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Information does not factor in vehicle location which can revise price quotes greatly.

Based on the figures above, using a $250 deductible will cost you approximately $20 more each month or $240 for a full year averaged for all Outback models than choosing the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 38 months between claims, you would save more money by selecting a higher deductible.

The example below illustrates how your deductible choice and can increase or decrease Subaru Outback premium costs for different age groups. The prices are based on a married female driver, full physical damage coverage, and no additional discounts are factored in.

Liability only or full coverage

The chart below shows the difference between Subaru Outback insurance costs with full coverage compared to only the North Carolina minimum liability coverage. The data is based on no claims or driving citations, $250 deductibles, marital status is single, and no discounts are taken into consideration.

When to drop comprehensive and collision coverage

There is no definitive rule to exclude physical damage insurance, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.

For example, let’s assume your Subaru Outback book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $5,000 after paying your policy deductible. If you are currently paying more than $500 annually for your policy with full coverage, then you may need to consider dropping full coverage.

There are some circumstances where dropping physical damage coverage is not recommended. If you still owe a portion of the original loan, you have to maintain full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not buy liability only.

Insuring your Subaru vehicle just makes sense

Despite the fact that insurance is not cheap in Charlotte, maintaining insurance may be required and benefits you in several ways.

• Most states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability coverage in order to drive the car legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your Subaru Outback with a loan, most lenders will make it a condition of the loan that you carry insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank may buy a policy for your Subaru for a much higher rate and require you to fork over for it.
• Insurance protects not only your Subaru but also your financial assets. It will also reimburse you for all forms of medical expenses for yourself as well as anyone injured by you. Liability insurance will also pay to defend you if anyone sues you for causing an accident. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.

The benefits of insuring your car definitely exceed the cost, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer is overpaying over $700 annually so it’s important to compare rates at every policy renewal to save money.

Affordable Charlotte auto insurance quotes with discounts

Companies offering auto insurance do not list all possible discounts very clearly, so the following list contains some of the more common as well as the least known credits that you can use to lower your rates. If you aren’t receiving every discount you qualify for, you could be getting lower rates.

• Telematics Data – Charlotte drivers who agree to allow their insurance company to scrutinize their driving habits remotely such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they have good driving habits.
• Discounts for Cautious Drivers – Insureds who avoid accidents could pay up to 40% less than drivers with accident claims.
• Seat Belts Save more than Lives – Forcing all vehicle occupants to use their safety belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
• Defensive Driver – Taking part in a defensive driver course could save 5% or more and easily recoup the cost of the course.
• Good Student – Performing well in school can get you a discount of up to 25%. Most companies allow this discount well after school through age 25.
• Discounts for Federal Employees – Being employed by or retired from a federal job could cut as much as 10% off but check with your company.
• Discount for Life Insurance – Some insurance companies give a break if you buy some life insurance too.
• Own a Home – Owning a house in Charlotte can help you save on auto insurance since home ownership requires a higher level of personal finance.
• New Vehicle Savings – Buying coverage on a new vehicle can be considerably cheaper because newer models have to meet stringent safety requirements.

It’s important to note that most discount credits are not given to the entire cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. So when it seems like you would end up receiving a 100% discount, that’s just not realistic. But any discount will reduce your premiums.

The illustration below shows the comparison of Subaru Outback yearly insurance costs with and without discounts applied to the premium. Data assumes a male driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, safe-driver, marriage, and multi-car discounts applied.

A list of auto insurance companies and some of their more popular discounts can be read below.

• State Farm may offer discounts for defensive driving training, passive restraint, accident-free, driver’s education, and multiple autos.
• GEICO has savings for daytime running lights, federal employee, five-year accident-free, anti-theft, good student, and military active duty.
• Allstate includes discounts for premier plus, safe driver, anti-lock brakes, farm vehicle, new car, and utility vehicle.
• SAFECO offers premium reductions for accident prevention training, anti-theft, safe driver, multi-car, homeowner, anti-lock brakes, and teen safety rewards.
• Farm Bureau may have discounts that include safe driver, driver training, 55 and retired, youthful driver, renewal discount, multi-policy, and good student.
• Progressive policyholders can earn discounts including online quote discount, multi-policy, online signing, multi-vehicle, homeowner, and good student.
• AAA offers discounts for AAA membership discount, education and occupation, multi-car, pay-in-full, multi-policy, good driver, and good student.

Before purchasing a policy, check with every insurance company which discounts you may be entitled to. Discounts may not apply in Charlotte.

When to contact an insurance agent

Certain consumers still prefer to get advice from a local agent and that is not a bad decision Licensed agents can answer important questions and will help you if you have claims. One of the great benefits of comparing car insurance online is that drivers can save money and get lower rates but still work with a licensed agent. Buying from neighborhood agents is especially important in Charlotte.

To help locate an agent, after submitting this quick form, your information gets sent to participating agents in Charlotte that can provide free Charlotte car insurance quotes for your business. You won’t need to search for an agent since price quotes are sent instantly to you. If you want to get a rate quote from a particular provider, you would need to navigate to their website and submit a quote form there.

When finding a reliable agent, you must know there are a couple types of agencies and how they can quote your rates. Agents in Charlotte can either be independent or exclusive depending on the company they work for. Both types can write car insurance policies, but it’s a good idea to understand the difference in how they write coverage because it can impact your selection of an agent.

Independent Insurance Agents

Independent insurance agents often have many company appointments so they have the ability to put coverage with many different companies and find you cheaper rates. If your premiums go up, they simply move the coverage in-house and you won’t have to switch agencies.

When comparison shopping, you should always get some free quotes from a few independent agents to maximize your price options. Most can insure with different regional companies that many times have cheaper rates.

The following is a partial list of independent insurance agencies in Charlotte that may be able to provide cheap rate quotes.

• The Jordan Insurance Agency,LLC
  13860 Ballantyne Corporate Pl #120 – Charlotte, NC 28277 – (704) 926-7565 – View Map
• Lawing – Elvington Insurance Agency
  6132 Brookshire Blvd b – Charlotte, NC 28216 – (704) 391-8483 – View Map
• Michael A Goodman Insurance Agency Inc
  6401 Carmel Rd Ste 208 – Charlotte, NC 28226 – (704) 541-8660 – View Map

View more agents

Exclusive Car Insurance Agencies

Agents of this type can only place business with one company such as State Farm, AAA, and Liberty Mutual. Exclusive agents cannot provide rate quotes from other companies so it’s a take it or leave it situation. Exclusive agents are highly trained on their company’s products and that enables them to sell even at higher rates. Some consumers prefer to use the same exclusive agent mostly because of the brand rather than having low rates.

The following is a short list of exclusive insurance agents in Charlotte who can help you get rate quotes.

• Gary Kochman – State Farm Insurance Agent
  9539 Idlewild Rd – Charlotte, NC 28227 – (704) 545-4422 – View Map
• Matt “Woody” Woodford – State Farm Insurance Agent
  501 S Sharon Amity Rd #200 – Charlotte, NC 28211 – (704) 971-3030 – View Map
• Allstate Insurance: Michael Randolph
  1001 W W.T. Harris Blvd m – Charlotte, NC 28213 – (704) 549-1710 – View Map

View more agents

Picking a insurance agent needs to be determined by more than just the price. Ask your prospective agent these questions:

• What company holds the largest book of business for them?
• Do you have coverage for a rental car if your vehicle is in the repair shop?
• Can you contact them at any time?
• Do they have any clout with companies to ensure a fair claim settlement?
• If independent agents, which companies do they recommend?
• Do they assist clients in filing claims?
• Will their companies depreciate repairs to your car based on the mileage?

Do I just need basic coverages?

Always remember that when buying adequate coverage, there really is not a perfect coverage plan. Every situation is different so your insurance should reflect that
Here are some questions about coverages that may help highlight if your insurance needs may require specific advice.

• Does my personal policy cover me when driving out-of-state?
• How do I file an SR-22 for a DUI in North Carolina?
• How much underlying liability do I need for an umbrella policy?
• How do I buy GAP insurance?
• What companies insure drivers after a DUI or DWI?
• Am I covered when using my vehicle for business?
• Should I rate my vehicle as business use?
• What is UM/UIM insurance?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and may give you better protection.

Do the work, save more money

When searching for affordable Charlotte car insurance quotes, don’t be tempted to buy less coverage just to save a little money. Too many times, someone sacrificed uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. The goal is to find the BEST coverage at the best price.

Throughout this article, we presented a lot of information how to shop for Subaru Outback insurance online. The most important thing to understand is the more quotes you get, the higher the chance of saving money. Drivers may even discover the lowest prices are with an unexpected company. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as State Farm and Allstate.

Steps to finding cheaper Subaru Outback insurance in Charlotte

If you want to find the absolute lowest rates, then the best way to get low-cost car insurance rates is to start doing a yearly price comparison from different companies who can sell car insurance in Charlotte. Price quotes can be compared by following these guidelines.

First, read and learn about how insurance companies determine prices and the things you can change to lower rates. Many factors that are responsible for high rates like your driving record and an imperfect credit rating can be amended by making minor driving habit or lifestyle changes.

Second, request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give prices from one company like Progressive or State Farm, while agents who are independent can quote rates for many different companies.

Third, compare the new rates to the premium of your current policy and see if you can save money. If you find a lower rate and buy the policy, make sure there is no lapse in coverage.

The most important part of shopping around is that you use similar limits and deductibles on each price quote and and to get price quotes from all possible companies. Doing this ensures an apples-to-apples comparison and a complete selection of prices.

More resources

• Side Impact Crash Tests (iihs.org)
• How Much are Car Insurance Rates with Multiple Speeding Tickets in Charlotte? (FAQ)
• Top Signs Your Brakes are Giving Out (State Farm)
• Electronic Stability Control FAQ (iihs.org)