How to Save on Boston Subaru Tribeca Insurance

If you want to save the most money, the best way to get more affordable Subaru Tribeca insurance is to start comparing rates regularly from providers that sell auto insurance in Boston.

• Step 1: Learn about how insurance works and the steps you can take to prevent rate increases. Many factors that result in higher rates like traffic tickets, fender benders, and a less-than-favorable credit score can be eliminated by making minor driving habit or lifestyle changes. Read the full article for ideas to get better rates and get discounts that may be overlooked.
• Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like GEICO or State Farm, while independent agents can provide prices from multiple insurance companies.
• Step 3: Compare the new rates to the premium of your current policy and see if there is a cheaper rate in Boston. If you find a better price and decide to switch, ensure coverage does not lapse between policies.
• Step 4: Give notification to your current company of your decision to cancel your current car insurance policy. Submit the required down payment along with the signed application to the new insurer. When you receive it, keep your new certificate verifying coverage with your vehicle’s registration.

One thing to point out is to try to use identical coverage information on each price quote and and to look at as many different companies as possible. Doing this provides a fair rate comparison and a complete rate analysis.

It’s safe to conclude that car insurance companies want to keep you from shopping around. Consumers who shop around for the cheapest price are very likely to switch insurance companies because there is a good probability of finding a policy with better rates. A study discovered that people who compared prices regularly saved as much as $70 a month as compared to drivers who never compared rates.

If finding the most affordable Subaru Tribeca insurance is your intention, then learning about the best ways to shop for auto insurance can make the process more efficient.

Facts and figures for Subaru Tribeca insurance

The premium table shown next showcases detailed analysis of coverage costs for Subaru Tribeca models. Having a better idea how policy rates are determined can help guide drivers when making smart choices when choosing a car insurance company.

Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Premium amounts do not factor in vehicle location which can alter coverage prices greatly.

Choosing deductibles

One frequently asked question is how high should your deductibles be. The following tables approximate the rate difference when you buy lower versus higher physical damage coverage deductibles. The first rate comparisons uses a $250 deductible and the second data table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Table data does not factor in specific zip code location which can lower or raise premium rates significantly.

Based on the above data, using a $250 deductible will cost you approximately $15 more each month or $180 annually than requesting the higher $500 deductible. Since the policyholder would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you average more than 17 months between claim filings, you would come out ahead if you choose the higher deductible.

Drive responsibly or pay higher rates

The chart below highlights how traffic violations and at-fault claims can impact Subaru Tribeca insurance costs for different insured age categories. The data assumes a married female driver, full coverage, $1,000 deductibles, and no discounts are applied to the premium.

Rate difference between full and liability-only coverage

The diagram below compares Subaru Tribeca car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Massachusetts. Data assumes no accidents, no driving violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.

When to drop comprehensive and collision coverage

There is no specific rule to eliminate physical damage insurance, but there is a general guideline you can use. If the yearly cost of full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Subaru Tribeca replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $7,000 after paying the physical damage deductible. If it’s costing you more than $700 a year for your policy with full coverage, then you might want to think about dropping full coverage.

There are a few situations where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not drop full coverage.

Smart Consumers Can Lower Insurance Rates

Many things are used when you get a price on insurance. Some are obvious like a motor vehicle report, but other factors are less obvious such as whether you are married or how financially stable you are.

Less chance of injury means lower rates – Cars with five star safety ratings tend to have better insurance rates. These vehicles reduce the chance of injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates. If your Subaru scored at minimum four stars on Safercar.gov you are probably receiving a discount.

Policy add-ons add up – There are quite a few extra coverages that you can get tricked into buying on your Tribeca policy. Add-on coverages like personal injury protection, towing, and Farm Bureau memberships are probably not needed. The coverages may be enticing when you first buy your policy, but your money might be better spent on other coverage so think about removing them and cutting costs.

Marriage discount – Your spouse helps lower the price on your auto insurance bill. It means you’re less irresponsible and it’s statistically proven that being married results in fewer claims.

Your liability limits – Your auto insurance policy’s liability coverage is the coverage that protects you in the event that you are determined to be liable for personal injury or accident damage. This coverage provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable compared to comp and collision, so drivers should make sure they buy enough to cover all assets.

Guys tend to take more risk – Statistics show women are more cautious behind the wheel. It does not mean females are better drivers. Both sexes get in at-fault accidents at a similar rate, but the males cause more damage. Men also statistically have more aggressive citations like DWI (DUI) or reckless driving.

The information below illustrates the comparison of Subaru Tribeca insurance rates for male and female drivers. The prices are based on no driving violations, no at-fault accidents, full physical damage coverage, $100 deductibles, single marital status, and no discounts are applied to the premium.

Cut auto insurance rates and deter theft – Driving a car that has a built-in theft deterrent system can earn a premium discount. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your car from being stolen.

Pleasure use or commuting – The more you drive in a year the more you’ll pay to insure it. A lot of companies calculate rates based on how the vehicle is used. Cars that sit idle most of the time qualify for better rates than cars that get driven a lot. Having an incorrect usage rating on your Tribeca may be costing you. Ask your agent if your auto insurance policy is showing the proper vehicle usage, because improper ratings can cost you money.

More effort can pay off

When shopping online for auto insurance, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where someone dropped comprehensive coverage or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible for the lowest cost while still protecting your assets.

Some insurance providers may not provide online quoting and usually these regional carriers provide coverage only through independent agents. Cheaper auto insurance in Boston can be found online in addition to many Boston insurance agents, and you need to comparison shop both to have the best rate selection.

Additional auto insurance information can be read at these links:

• Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
• Who Has the Cheapest Car Insurance Quotes for Seniors in Boston? (FAQ)
• How Much are Auto Insurance Quotes for Teenage Females in Boston? (FAQ)
• Who Has Cheap Car Insurance for Drivers with Accidents in Boston? (FAQ)
• Safe Vehicles for Teens (iihs.org)
• All About Airbag Safety (State Farm)
• Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
• Auto Insurance Facts and Statistics (Insurance Information Institute)