Who Has the Cheapest Insurance for a Subaru Outback in Kentucky?

We always joke that when we write about car insurance, the word affordable should never be used as a descriptor for car insurance rates. Regardless, cheap auto insurance for a Subaru Outback can seem impossible to find. Don’t let that ruin your day, because there may be ways you can still find coverage that is more budget-friendly.

Your chances of finding cheap auto insurance for a Subaru Outback in Kentucky relies on a large number of factors like your financial responsibility, if you have maintained coverage continuously, and if your driving record is clean. Drivers pay on average $1,040 each year to insure an Outback, but that figure is based on cost data for a 40-year-old married male driver who requires comprehensive and collision coverage and $100 policy deductibles.

It’s more than likely that you aren’t exactly 40 years old or even a male, single instead of married, and maybe your credit level is not the same as what was rated. There is no perfect policy for every driver, so the best way to quote the most affordable coverage for your Subaru is to do a thorough rate comparison.

Compare Subaru Outback Insurance Rates

The trim level of your Subaru will most likely have an effect on the cost of coverage, so the cost to insure a Outback 2.5I model will be $200 lower than the cost to insure the fancier Outback 3.6R Limited trim level, as demonstrated by the prices below.

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Table data does not factor in vehicle garaging location which can increase or decrease premiums considerably.

Insuring your vehicle with a highly-rated insurance provider is hard considering how many companies there are in Kentucky. The company information shown below could help you choose which companies you want to consider comparing rates with.

The ratings below include companies that insure vehicles nationwide, so smaller regional companies are not taken into consideration for these rankings. To check prices from these and other companies in Kentucky, click here.

Top 10 Large Auto Insurers Overall in Kentucky

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

Top 10 Large Auto Insurers in Kentucky Ranked by Value

1. Travelers
2. American Family
3. AAA Insurance
4. Safeco Insurance
5. Progressive
6. The Hartford
7. Erie Insurance
8. The General
9. Esurance
10. 21st Century

Top Companies for Subaru Outback Insurance in Kentucky

Full coverage versus liability-only in Kentucky

Finding the cheapest insurance for a Subaru Outback in Kentucky should be important to the majority of drivers, and one common way to find cheaper insurance is to buy liability only. The example below illustrates the comparison of car insurance rates with full phyical damage coverage and with liability coverage only. The rate quotes are based on no claims, a clean driving record, $250 deductibles, drivers are single, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 3531,1161],[‘Age 30’, 1863,639],[‘Age 40’, 1829,591],[‘Age 50’, 1663,553],[‘Age 60’, 1609,545],[‘Age 70’, 1951,727]]);var options = {title: ‘Rate Comparison of Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Subaru Outback in Kentucky’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an average for all age groups, comp and collision coverage costs an additional $2,074 per year over having just liability coverage. At some point, about every driver wonders if buying full coverage is a waste of money. There is no clear-cut rule to stop buying physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your vehicle’s replacement cost is $7,500 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $6,500 after paying your deductible. If premiums are more than $650 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.

There are some cases where eliminating full coverage is not a good plan. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.

Is the best company State Farm, Geico, Allstate, or Progressive?

When buying auto insurance, the companies that insure more vehicles than anyone else are State Farm, Geico, Allstate, and Progressive. Between them, they insure over 48% of the entire U.S. car insurance market. They all have your normal coverages like liability, comprehensive, and collision, but each one offers different options that may steer you one way or another. The next table shows price and claims rank as well as some different options that may be available in your state.