If you drive a Subaru or are considering buying one, it is important to consider all the costs involved, including insurance. Insurance for a Subaru will vary, depending on many factors like the year of your vehicle and your driving record.
The Subaru brand began in Japan in the 1950s, manufacturing its first vehicle in 1954. By the 1960s, the brand had also manufactured its first pickup truck and had made its way to the US. Subaru became even more popular in the late 1980s when they introduced the first continuously variable timing transmission (CVT), paving the way for many other brands to do the same.
Over the years, Subaru has manufactured vehicles that are safe, reliable, and designed for families. They have also become a leader for drivers who enjoy adventures and exploring the outdoors. Subaru vehicles offer the following advantages:
- Safe and reliable: Subaru vehicles often have good safety ratings. This can help with affordable insurance rates.
- Low-theft rates: According to the National Insurance Crime Bureau, Subaru is not listed in the top 10 most commonly stolen vehicles list. This will also help with insurance rates.
- Affordable cost: Insurance rates often correlate with the MSRP of a vehicle. Because Subaru vehicles are usually affordable, you can usually also expect affordable insurance rates.
Because Subaru vehicles often are equipped with good safety features and anti-theft devices, drivers are less likely to be in an accident or have their vehicle stolen. This also means that they are less likely to file an insurance claim, which usually means more affordable rates.
How Much Is Insurance for Subaru Vehicles?
While Subaru vehicles are not the cheapest to insure, they are also not the most expensive. According to Finder.com, the average cost to insure a Subaru vehicle is $2014.32 per year or $167.86 per month. However, insurance rates vary depending on many factors, including:
- Your location and where you park your vehicle
- Number of miles driven
- Driving record
- Credit score
- Type of vehicle
The make and model of your vehicle is a big part of your insurance rates. The cost-effectiveness of Subaru vehicles paired with their overall good safety ratings makes them an affordable vehicle to insure. The specific Subaru that you drive can also make a difference when it comes to your insurance rates. Here are a few insurance comparisons among different Subaru vehicles, according to the Zebra:
- Crosstrek: Average annual rate of $954
- Outback: Average annual rate of $1108
- Forester: Average annual rate of $1141
- Legacy: Average annual rate of $1193
- Impreza: Average annual rate of $1646
- BRZ: Average annual rate of $3030
These rates are based on Subaru models between 2017-2018. The year of your vehicle also makes a difference because of the specific safety and security features equipped.
Insurance Companies for Your Subaru
It is also important to note that different insurance companies will usually charge different rates for the same vehicle. This is because they weigh certain factors differently. It is also why it is so important to shop around to find the best rates and coverage. A few insurance companies that you might consider for your Subaru vehicle include:
- State Farm
- Liberty Mutual
USAA is also frequently one of the cheapest providers for Subarus. However, it is only available to active military members and their families. Compare prices among each of these providers to find the best rates.
How to Find Affordable Subaru Car Insurance
There are also some ways that you may be able to reduce your insurance rates when driving a Subaru, including:
- Choose a different provider: If you feel that you’re paying too much for insurance, shop around and compare quotes. Even if rates are similar between providers, you may be able to find better coverage or combine all of your other insurance policies into one, for a discount.
- Carefully review your policy: Carefully reviewing your policy can help you understand what you’re paying for. You may be paying for certain services, like roadside coverage or rental reimbursement, that you don’t want. It is also important to ensure they have the right details about you.
- Increase your deductible: The deductible is the amount of money that you will have to pay out of pocket before your insurance company will cover any damages. Increasing your deductible can lead to cheaper payments.
- Ask about available discounts: Discounts are a good way to reduce your insurance bill. Depending on your insurance provider, you may have discounts available like multi-policy or multi-vehicle.
- Consider how much coverage you need: Minimum coverage is usually the cheapest, while full coverage will cost you the most. It can be helpful to evaluate your insurance needs and adjust them appropriately. Consider the value of your vehicle and how much you will have to pay for repairs, or replacement if you’re in an accident.
- Maintain a good driving record: Your driving record is a big part of your insurance rates. If you have a lot of traffic violations or an at-fault accident on your record, you can expect higher rates. Make an effort to drive safer and you may notice a decrease in your rates. Your insurance company may also offer a defensive driving course, which allows you to reduce your rates, even with points.
In addition to shopping around to find the best rates for your Subaru, it is also important to continually reevaluate your insurance needs and rate. If your insurance company increases your rates, or your insurance needs change, then it may be time to compare insurance quotes again. For example, if you add another vehicle to the household or you pay off your loan, you may be able to adjust your insurance coverage.
Finding insurance for Subaru vehicles is easy when you know what the average rates are, and what factors go into calculating rates. When you choose to drive a Subaru, you not only get a safe and reliable vehicle but also one that comes with affordable insurance rates.
Check this out if you need additional information, resources, or guidance on car insurance.
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