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Outback insurance rates higher than MDX and SRX???
I'm pricing a few SUV's/Crossovers, and I just got a quote back from my insurance company (has a small green spokesperson). I currently drive a 2006 4Runner, and the 2010 SRX and the 2010 MDX premiums were close to the '06 4Runner. However for a 2010 Outback, my rates were going to be about $220 more every 6 months. That just doesn't make sense to me at all. Anyone else have similar experience?
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I called two other places and the differences can be up to $300/yr. Shop around for a better quote.
My theory is it's a brand new model and that insurance company just doesn't know what it would cost, so they're guessing high to be on the safe side.
The day I picked up my new Legacy Limited, purchase price about $25,000 the total change on my annual premium was only $23! When I commented on that the guy on the phone told me that because newer cars have more safety features; stability control, AWD, more airbags etc that there is less cost for them on the collission/comprehensive side.
Still it does seem odd that the Subie would cost more to insure than an Acura with a much higher cost factor.
easypar
I don't remember which one it was -- maybe Progressive -- that if the company has a high rate of claims on particular vehicles, that they tend to be more expensive to insure. But I'm not sure if that would even apply in today's standards.
Legacy = sedan
Wagons typically have lower insurance rates.
BTW, Impreza hatchback has lower insurance rate than the sedan, because the hatchback is classified as a wagon. It would most likely be higher than a sedan if it was classified as a hatchback instead of a wagon.