Finding cheap auto insurance for a Subaru Outback in Tennessee hinges on a lot of rating factors such as age of the vehicle, if you have a tendency to file claims, and blemishes on your driving record. Drivers will pay on average $879 each year for Outback insurance, but that amount is an estimate calculated based on a 40-year-old single male driver with both comprehensive and collision coverage and $500 deductibles.
There’s a high likelihood you may not be 40 years old (or even male), you might be married instead of single, or maybe you prefer higher deductibles. Each driver’s needs are different, and that demonstrates why the best method for finding cheap car insurance rates for your Subaru is to do the rate comparisons yourself. It only takes a couple of minutes and you will receive prices from the best companies in Tennessee.
Vehicle trim level can impact the cost of insurance, so the rate you pay to insure a Outback 2.5I trim level will cost $148 less than the price to insure the higher-end Outback 3.6R Limited version, as shown below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outback 2.5I | $200 | $286 | $350 | $20 | $104 | $960 | $80 |
| Outback 2.5I Premium | $200 | $348 | $350 | $20 | $104 | $1,022 | $85 |
| Outback 2.5I Limited | $200 | $348 | $350 | $20 | $104 | $1,022 | $85 |
| Outback 3.6R | $200 | $348 | $350 | $20 | $104 | $1,022 | $85 |
| Outback 3.6R Premium | $200 | $348 | $350 | $20 | $104 | $1,022 | $85 |
| Outback 3.6R Limited | $224 | $410 | $350 | $20 | $104 | $1,108 | $92 |
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Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price information does not factor in specific zip code location which can affect prices noticeably.
Deciding which companies offer the cheapest auto insurance rates for a Subaru Outback will involve a bit more work in order to find the lowest price. Each insurance company used slightly different criteria to set premium rates, so we need to take a look at the auto insurance companies with the overall cheapest rates in Memphis.
Best Cheap Insurance Rates for Your Subaru
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $744 |
| 2 | Auto-Owners | $852 |
| 3 | Cincinnati Insurance | $858 |
| 4 | Penn National | $908 |
| 5 | Tennessee Farmers | $923 |
| 6 | Erie | $957 |
| 7 | USAA | $957 |
| 8 | Allied | $1,029 |
| 9 | Westfield | $1,037 |
| 10 | Nationwide | $1,042 |
| 11 | GEICO | $1,110 |
| 12 | Travelers | $1,177 |
| 13 | Progressive | $1,190 |
| 14 | State Auto | $1,204 |
| 15 | The Hartford | $1,208 |
| 16 | State Farm | $1,213 |
| 17 | Direct General | $1,214 |
| 18 | Shelter | $1,235 |
| 19 | Chubb | $1,277 |
| 20 | 21st Century | $1,300 |
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Utica National offers some of the lowest car insurance rates in Memphis at around $744 annually. Auto-Owners, Cincinnati Insurance, Penn National, and Tennessee Farmers are also some of the best Memphis, TN insurance companies.
As shown in the rates above, if you currently buy coverage from Cincinnati Insurance and switched to Utica National, you could earn yearly savings of about $114. Policyholders with Penn National may save as much as $164 a year, and Tennessee Farmers insureds might reduce prices by as much as $179 a year.
To get a fast rate comparison, click here to begin a quote or quote rates from the companies below.
Understand that those rates are averaged across all drivers and vehicles and do not take into consideration an exact location for a Subaru Outback. So the company that can offer you the best rate may not even be in the top 30 companies in the list above. That’s why you need to compare prices as often as possible using your own driver data and vehicle information.
The example below shows how different deductible levels can impact yearly insurance costs when trying to find cheap insurance for a Subaru Outback. The data assumes a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
The chart above illustrates that a 30-year-old driver could lower rates by $274 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $418 by using a $1,000 deductible. Youthful drivers, like the 20-year-old category, could roll back prices $826 or even more by using a higher deductible. If you do raise deductibles, it’s a good idea to have plenty of discretionary funds to allow you to cover the extra out-of-pocket expense that comes with higher deductibles.
Get discounts on Memphis auto insurance
Insurers that offer cheap quotes for a Subaru Outback may have rate discounts that could potentially reduce rates by as much as 25% or more if you meet the requirements. Larger auto insurance companies and a partial list of their discounts can be found below.
- State Farm discounts include passive restraint, safe vehicle, good driver, anti-theft, and driver’s education.
- American Family offers premium reductions for good student, defensive driver, accident-free, bundled insurance, Steer into Savings, and mySafetyValet.
- GEICO has discounts for federal employee, anti-lock brakes, seat belt use, anti-theft, good student, five-year accident-free, and multi-vehicle.
- 21st Century offers discounts for student driver, teen driver, defensive driver, good student, and theft prevention.
- Progressive includes discounts for online quote discount, good student, multi-policy, homeowner, online signing, and multi-vehicle.
The example below shows the difference between car insurance costs with and without some available policy discounts. Data assumes a male driver, no accidents or driving violations, Tennessee state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with homeowner, anti-theft, passive restraint, safe-driver, claim-free, and defensive driving course discounts applied. When these discounts are applied, theaverage amount saved on auto insurance for a Subaru Outback is 27% or $548.
Rate difference between full and liability-only coverage
Saving money on auto insurance is important to the majority of drivers, and a good way to find cheaper insurance for a Subaru Outback is to only pay for liability coverage. The information below illustrates the comparison of insurance costs with full coverage compared to only the Tennessee minimum liability coverage. The data is based on no claims or violations, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
Averaged out for all age groups, comprehensive and collision coverage on your policy costs $1,460 per year over liability only. Many drivers may wonder if it’s worth it to buy full coverage. There is no exact rule of when to exclude full coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to buy liability only.
The Memphis auto insurance agencies shown below are willing to provide answers to your questions and help you determine which car insurance policy is best, since some people prefer to have professional advice when shopping for cheaper insurance for an Outback. It’s not always easy to find the best policy yourself, so a licensed agent can give satisfaction knowing your policy gives you adequate protection in case of an accident or claim.
To locate a Memphis auto insurance agent closest to you, click the button following the list.
- Nationwide Insurance: The James Agency LLC
4778 Summer Ave Ste 1 – Memphis, TN 38122 – (901) 266-5507 - Steve Womack – State Farm Insurance Agent
848 Cooper St – Memphis, TN 38104 – (901) 725-1919 - Ulysses Cosby – State Farm Insurance Agent
248 Cooper St – Memphis, TN 38104 – (901) 276-1044 - Keltner Insurance Inc.
3232 S Perkins Rd – Memphis, TN 38118 – (901) 797-8665 - Kathy Thurmond-Edwards- State Farm Insurance Agent
680 W Brookhaven Cir – Memphis, TN 38117 – (901) 767-7744