Trying to find cheaper insurance for a Subaru Tribeca in Kentucky could be a painful process, but you can use a few tricks to find lower rates. There is a better way to find auto insurance online and you need to know the quickest way to quote coverages for a new or used Subaru and get the best price possible from Louisville insurance agents and online providers.
It’s important to compare premium rates at least once a year because auto insurance rates are variable and change quite frequently. Just because you found the best rate on Subaru Tribeca insurance in Louisville a couple years back there may be better deals available now. You can find a lot of misleading information regarding Tribeca insurance online, but in just a couple of minutes you can learn a lot of great tips on how to stop overpaying for insurance in Louisville.
Cut Insurance Costs with These Tips
One of the most helpful ways to save on car insurance is to to have a grasp of the rating factors that help calculate car insurance rates. If you have a feel for what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with lower premium levels.
The following are some of the most common factors companies use to determine your rates.
Prices impacted by vehicle usage – The higher the miles on your Subaru in a year the higher the price you pay to insure it. Most insurance companies rate vehicles based on how the vehicle is used. Cars and trucks not used for work or commuting can get a lower rate as compared to vehicles used primarily for driving to work. Double check that your vehicle rating correctly shows how each vehicle is driven. Having the wrong rating on your Tribeca may be costing you higher rates.
Liability safeguards assets – A critical coverage on your policy, liability insurance will provide protection in the event that you are found liable for causing damage or personal injury in an accident. It provides legal defense which can cost a lot. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
Costs are affected by your address – Choosing to live in a small town has definite advantages if you are looking for the lowest rates. Lower population translates into fewer accidents in addition to lower liability claims. People in densely populated areas have to deal with more aggressive driving styles and a longer drive to work. More time on the road means higher likelihood of an accident.
Cheaper prices using GPS tracking and theft deterrents – Selecting a car model that has a built-in theft deterrent system can earn a premium discount. Systems that thwart thieves like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent your vehicle from being stolen.
Car insurance data for a Subaru Tribeca
The table displayed below highlights detailed analysis of coverage costs for Subaru Tribeca models. Understanding how car insurance premiums are calculated can be of help when making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tribeca 3.6R Limited | $152 | $324 | $368 | $22 | $110 | $976 | $81 |
| Tribeca 3.6R Premium | $152 | $324 | $368 | $22 | $110 | $976 | $81 |
| Tribeca 3.6R Touring | $168 | $324 | $368 | $22 | $110 | $992 | $83 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Rate quotes do not factor in specific garaging location which can increase or decrease coverage rates substantially.
Car insurance premiums based on gender
The information below illustrates the comparison of Subaru Tribeca auto insurance costs for male and female drivers. The data assumes a clean driving record, no at-fault accidents, full coverage, $100 deductibles, single status, and no other discounts are factored in.
Full coverage rates vs. liability-only in Louisville
The example below illustrates the comparison of Subaru Tribeca insurance premiums with full physical damage coverage and with liability coverage only. The costs are based on no claims or violations, $250 deductibles, drivers are single, and no additional discounts are factored in.
Deciding between full coverage and liability only
There is no exact formula to delete full coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s say your Subaru Tribeca replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after you pay the deductible. If it’s costing you more than $700 a year for your policy with full coverage, then it might be time to consider dropping full coverage.
There are some circumstances where only buying liability is not a good idea. If you still owe money on your vehicle, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not opt for liability only.
Car insurance policy discounts for Subaru Tribeca insurance in Louisville
Companies offering auto insurance don’t list every policy discount in an easy-to-find place, so we break down a few of the more well known as well as some of the hidden credits available to lower your premiums when you buy Louisville car insurance online. If you check and find you aren’t receiving every discount you deserve, it’s possible you qualify for a lower rate.
- Telematics Devices – Insureds who allow data collection to scrutinize driving patterns by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction as long as the data is positive.
- Responsible Driver Discounts – Drivers who don’t get into accidents can get discounts for up to 45% lower rates compared to accident prone drivers.
- Anti-theft Discount – Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
- Pay Upfront and Save – If you can afford to pay the entire bill rather than spreading payments over time you could save up to 5%.
- Include Life Insurance and Save – Not all companies offer life insurance, but some may give you a small discount if you purchase a life policy as well.
- Policy Bundle Discount – If you can bundle your home and auto insurance with one insurance company you may earn up to 20% off your total Tribeca insurance premium.
- Seat Belt Discounts – Forcing all vehicle occupants to use a seat belt can save up to 10 percent (depending on the company) off the personal injury premium cost.
Don’t be shocked that some credits don’t apply to the whole policy. Most cut individual premiums such as comp or med pay. So even though it sounds like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy. Any qualifying discounts will positively reduce the amount you have to pay.
The chart below compares Subaru Tribeca insurance premiums with and without discounts applied to the rates. The premiums are based on a female driver, no claims or driving violations, Kentucky 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, safe-driver, multi-car, claim-free, multi-policy, and marriage discounts applied.
To choose insurers that offer some of these discounts in Kentucky, click here.
Cover all your bases
People who switch companies do it for a number of reasons such as high rates after DUI convictions, questionable increases in premium, extreme rates for teen drivers or even poor customer service. It doesn’t matter why you want to switch choosing a new insurance company is easier than you think.
Affordable Subaru Tribeca insurance in Louisville can be found from both online companies as well as from independent agents in Louisville, so get free Louisville car insurance quotes from both of them so you have a total pricing picture. Some insurance companies don’t offer price quotes online and usually these smaller providers only sell coverage through independent agents.
You just learned a lot of techniques to get a better price on Subaru Tribeca insurance in Louisville. The most important thing to understand is the more you quote Louisville car insurance, the higher the chance of saving money. Consumers could even find that the lowest rates come from a lesser-known regional company.
How to find better rates for Subaru Tribeca insurance in Louisville
If saving the most money is your goal, then the best way to quote cheaper Subaru Tribeca insurance is to start doing a yearly price comparison from different companies who provide car insurance in Louisville. Price quotes can be compared by following these guidelines.
Step 1: Try to understand how car insurance works and the factors you can control to prevent expensive coverage. Many rating factors that result in higher prices such as traffic violations and an imperfect credit rating can be remedied by making minor changes in your lifestyle.
Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Farmers Insurance, while independent agencies can quote rates from multiple companies. Click to view companies
Step 3: Compare the new rates to the price on your current policy to see if you can save by switching companies. If you find a lower rate, verify that coverage does not lapse between policies.
Step 4: Provide adequate notice to your current company to cancel your current coverage and submit a signed application and payment to your new insurance company. Once coverage is bound, keep the new proof of insurance paperwork in your vehicle’s glove compartment or console.
An important note is to use identical coverage information on every quote and and to get price quotes from as many different companies as possible. Doing this ensures an apples-to-apples comparison and the best price selection.
Additional resources
- Information for Teen Drivers (GEICO)
- Who Has the Cheapest Car Insurance Quotes for a Nissan Sentra in Louisville? (FAQ)
- Who Has Cheap Car Insurance for a Hyundai Sonata in Louisville? (FAQ)
- Who Has Affordable Louisville Auto Insurance Quotes for Inexperienced Drivers? (FAQ)
- Who Has Affordable Louisville Car Insurance for a Honda Accord? (FAQ)
- Keeping Children Safe in Crashes Video (iihs.org)
- Neck Injury FAQ (iihs.org)
- Understanding Rental Car Insurance (Insurance Information Institute)