How to Save on Saturn Outlook Insurance in Memphis

How many times have you told yourself it’s time to shop around for lower-priced Saturn Outlook insurance in Memphis? Baffled by the number of car insurance sources that you can choose from? You’re not alone. There are so many options that it can turn into a difficult mission to find a more affordable company. Memphis is a great city to live in, but finding the money to pay for car insurance makes it impossible to pay other bills every month.

Insurance rates Saturn Outlook in MemphisIt’s safe to conclude that insurance companies don’t want you to compare rates. Insureds who compare other rates are likely to buy a different policy because there is a good chance of finding a policy with more affordable rates. A recent car insurance study discovered that consumers who routinely shopped for cheaper coverage saved about $70 a month compared to those who never compared prices.

If finding the lowest price on Saturn Outlook insurance in Memphis is the reason you’re reading this, understanding how to shop and compare insurance coverage can save time and make the process easier.

It’s a good habit to take a look at other company’s rates on a regular basis due to the fact that insurance prices change quite often. If you had the best rate on Saturn Outlook insurance in Memphis a couple years back a different company probably has better premium rates today. Forget anything you know (or think you know) about car insurance because I’m going to teach you one of the easiest ways to save on car insurance.

The fastest way that we advise to get rate comparisons for Saturn Outlook insurance in Memphis is to know the fact all the major auto insurance companies have advanced systems to quote your coverage. To begin a comparison, all you need to do is provide a small amount of information like the year, make and model of vehicles, if you require a SR-22, how much coverage you want, and driver details. Your information is instantly provided to multiple top-rated companies and you should receive rate quotes very quickly.

To start a quote now, click here and find out if lower rates are available in Memphis.

The providers in the list below are ready to provide free rate quotes in Tennessee. To get cheap auto insurance in TN, we recommend you get rates from several of them in order to find the lowest rates.

Saturn Outlook insurance statistics and information

The premium table shown below covers detailed analysis of insurance rates for Saturn Outlook models. Having a better idea how rates are formulated can help you make informed decisions.


Saturn Outlook Insurance Rates in Memphis, TN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outlook XE 2WD $178 $236 $378 $22 $114 $928 $77
Outlook XV 2WD $178 $236 $378 $22 $114 $928 $77
Outlook XE Premium 2WD $198 $278 $378 $22 $114 $990 $83
Outlook XE AWD $198 $278 $378 $22 $114 $990 $83
Outlook XE Premium AWD $198 $278 $378 $22 $114 $990 $83
Outlook XR-L 2WD $198 $278 $378 $22 $114 $990 $83
Outlook XR-L AWD $198 $278 $378 $22 $114 $990 $83
Outlook XR-L Premium 2WD $198 $278 $378 $22 $114 $990 $83
Outlook XR-L Premium AWD $198 $278 $378 $22 $114 $990 $83
Get Your Own Custom Quote Go

Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rate information does not factor in specific zip code location which can revise premiums considerably.

How high should deductibles be?

One of the most common insurance questions is which deductibles should you choose. The rates shown below illustrate the differences in premium rates when you buy lower versus higher physical damage deductibles. The first set of prices uses a $100 physical damage deductible and the second price chart uses a $500 deductible.


Saturn Outlook insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outlook XE 2WD $280 $448 $288 $18 $86 $1,145 $95
Outlook XV 2WD $280 $448 $288 $18 $86 $1,145 $95
Outlook XE Premium 2WD $312 $528 $288 $18 $86 $1,257 $105
Outlook XE AWD $312 $528 $288 $18 $86 $1,257 $105
Outlook XE Premium AWD $312 $528 $288 $18 $86 $1,257 $105
Outlook XR-L 2WD $312 $528 $288 $18 $86 $1,257 $105
Outlook XR-L AWD $312 $528 $288 $18 $86 $1,257 $105
Outlook XR-L Premium 2WD $312 $528 $288 $18 $86 $1,257 $105
Outlook XR-L Premium AWD $312 $528 $288 $18 $86 $1,257 $105
Get Your Own Custom Quote Go

Saturn Outlook insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outlook XE 2WD $204 $304 $288 $18 $86 $900 $75
Outlook XV 2WD $204 $304 $288 $18 $86 $900 $75
Outlook XE Premium 2WD $228 $358 $288 $18 $86 $978 $82
Outlook XE AWD $228 $358 $288 $18 $86 $978 $82
Outlook XE Premium AWD $228 $358 $288 $18 $86 $978 $82
Outlook XR-L 2WD $228 $358 $288 $18 $86 $978 $82
Outlook XR-L AWD $228 $358 $288 $18 $86 $978 $82
Outlook XR-L Premium 2WD $228 $358 $288 $18 $86 $978 $82
Outlook XR-L Premium AWD $228 $358 $288 $18 $86 $978 $82
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in specific location information which can modify price quotes substantially.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you roughly $23 more each month or $276 a year averaged for all Outlook models than requesting the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 17 months between claim filings, you would probably save some money if you choose a higher deductible.

How to determine when to raise deductibles

Average monthly premium for $100 deductibles: $103
Average monthly premium for $500 deductibles (subtract): – $80
Monthly savings from raising deductible: $23
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

The example below demonstrates how choosing different deductibles and can change Saturn Outlook insurance prices for different age groups. The costs are based on a married female driver, full physical damage coverage, and no discounts are factored in.

Do you need full coverage?

The diagram below compares Saturn Outlook insurance costs with and without full coverage. Data assumes no accidents, no driving violations, $500 deductibles, single marital status, and no discounts are taken into consideration.

Should you buy full coverage or liability only?

There is no definitive rule of when to drop comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let’s pretend your Saturn Outlook claim settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $8,000 after you pay the deductible. If it’s costing you more than $800 a year for your policy with full coverage, then it might be time to consider dropping full coverage.

There are some conditions where only buying liability is not financially feasible. If you still have a loan on your vehicle, you are required to maintain full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should maintain full coverage.

Why Your Insurance Prices might be higher

Many factors are used in the calculation when premium rates are determined. Some are pretty understandable like an MVR report, but other factors are not as apparent like your vehicle usage and annual miles driven.

Here’s why car insurance is not optional

Despite the fact that car insurance is not cheap in Memphis, maintaining insurance is required in Tennessee but also provides important benefits.

The benefits of having insurance definitely exceed the price paid, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is currently overpaying as much as $750 every year so it’s very important to do a rate comparison at every renewal to make sure the price is not too high.

Tennessee car insurance companies ranked

Finding a highly-rated auto insurance company can be difficult considering how many different companies sell coverage in Memphis. The information in the lists below may help you choose which insurers you want to consider when comparing rates.

Top 10 Memphis Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Allstate
  3. Nationwide
  4. State Farm
  5. GEICO
  6. Liberty Mutual
  7. American Family
  8. Esurance
  9. AAA Insurance
  10. Titan Insurance

Top 10 Memphis Car Insurance Companies Ranked by Customer Service

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