Buying competitive insurance for a Subaru Outback is pretty easy for most people to do, but it is dependent upon an enormous amount of factors such as how old the vehicle is, if you have a tendency to file claims, and any prior driving citations you have received. Drivers pay around $938 annually to insure their Outback, but that cost is an approximation based on a 50-year-old married male driver with full comprehensive and collision coverage and $100 deductibles.
It’s highly likely you’re not a 50-year-old male, you might be single instead of married, or you just want cheap liability insurance instead of full coverage. Even a minor difference in rating criteria or coverage limits could result in a significant change in the policy cost.
There is no one cookie-cutter policy that works for everyone, so the way we recommend to find cheap car insurance rates for your Subaru is to just take the time to compare rates yourself.
Vehicle trim level will influence the coverage cost, so the price you will be charged to insure a Outback 2.5I model will be $180 less than the price to insure the high end Outback 3.6R Limited version, as shown by the rates below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outback 2.5I | $244 | $350 | $310 | $18 | $92 | $1,014 | $85 |
| Outback 2.5I Premium | $244 | $426 | $310 | $18 | $92 | $1,090 | $91 |
| Outback 2.5I Limited | $244 | $426 | $310 | $18 | $92 | $1,090 | $91 |
| Outback 3.6R | $244 | $426 | $310 | $18 | $92 | $1,090 | $91 |
| Outback 3.6R Premium | $244 | $426 | $310 | $18 | $92 | $1,090 | $91 |
| Outback 3.6R Limited | $272 | $502 | $310 | $18 | $92 | $1,194 | $100 |
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Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and New Mexico minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Estimates do not factor in your specific Albuquerque location which can decrease or increase insurance rates considerably.
Picking a good quality car insurance provider can be difficult considering how many companies are available to choose from in New Mexico. The company rank data in the lists below could help you analyze which car insurance companies you want to consider when shopping around.
The ratings below only include the largest auto insurers in America, so companies without a large exposure are not included in these rankings. To compare prices from the insurers below and more, click this link.
| 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 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| 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 |
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Data Source: Insure.com Best Car Insurance Companies
Price comparison of only insuring for liability
Paying a lower price for insurance is the goal of most vehicle owners, and an effective way to buy cheap insurance for a Subaru Outback is to buy only liability coverage. The example below shows the comparison of car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in New Mexico. The prices are based on no accidents, no driving violations, $250 deductibles, drivers are not married, and no discounts are applied.
If we average all the age groups together, comp and collision coverage costs $2,046 per year more than just buying liability insurance. Many drivers will wonder if buying full coverage is worth the expense. There is no definitive guideline to delete physical damage coverage on your policy, but there is a general convention. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.
There are some situations where only buying liability is not a good idea. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage.
Get discount Albuquerque auto insurance rates
Car insurance companies that provide coverage for a Subaru Outback may also give you policy discounts that can lower rates by as much as 35% or more if you meet specific criteria. Companies and a summarized list of policyholder discounts include:
- GEICO offers premium reductions for multi-vehicle, air bags, driver training, daytime running lights, five-year accident-free, and emergency military deployment.
- SAFECO offers discounts for teen safety rewards, accident prevention training, bundle discounts, safe driver, and drive less.
- State Farm may offer discounts for anti-theft, Steer Clear safe driver discount, accident-free, safe vehicle, multiple autos, Drive Safe & Save, and multiple policy.
- MetLife may include discounts for multi-policy, defensive driver, good driver, accident-free, and claim-free.
- 21st Century discounts include theft prevention, student driver, homeowners, teen driver, early bird, automatic seat belts, and 55 and older.
- Progressive policyholders can earn discounts including good student, online quote discount, online signing, multi-vehicle, continuous coverage, and homeowner.
The chart below illustrates the difference between premium costs with and without discounts applied. The data assumes a male driver, a clean driving record, no at-fault accidents, New Mexico state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with vehicle safety, safe-driver, marriage, claim-free, anti-theft, and homeowner discounts applied. In this example, theamount saved on insurance for a Subaru Outback is 28% or $564.
The information below illustrates how choosing a deductible can change annual premium costs when searching for cheap insurance for a Subaru Outback. The rates are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.
The data above shows that a 50-year-old driver could lower their policy premium by $242 a year by changing from a $100 deductible up to a $500 deductible, or save $372 by selecting a $1,000 deductible. Younger drivers, like the Age 20 category, could lower their rates up to $800 each year by choosing a higher deductible. When using a larger deductible, it will be necessary to have enough savings to satisfy the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.