How Much Does 1990 Mitsubishi Precis Insurance Cost?

No one is fond of buying insurance coverage, especially when the cost is way too high. Since you have so many choices of insurance companies, it can be hard to pick the most cost effective insurance coverage company.

It’s a great practice to check insurance coverage prices at least once a year since insurance prices are variable and change quite frequently. Even if you got the best rate for Precis insurance two years ago a different company probably has better premium rates today. Block out anything you think you know about insurance coverage because you’re about to find out the quickest way to buy cheaper insurance coverage.

Smart consumers know how to quote insurance coverage more affordably

Lots of things are part of the equation when premium rates are determined. Some factors are common sense such as traffic violations, but other factors are more obscure like where you live and annual miles driven.

• Younger drivers cost more – Mature drivers are shown to be more cautious, are lower risk to insure and are safer drivers.Youthful drivers are statistically shown to be more careless behind the wheel and because of this, their insurance coverage rates are much higher.
• Traffic violations hurt – A bad driving record influences premium rates substantially. Drivers who don’t get tickets get better rates than people who have multiple driving citations. Getting just one driving citation can boost insurance rates to the point where it’s not affordable. People who have flagrant violations such as reckless driving or DUI may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
• Occupation can influence prices – Careers such as doctorspolice officers and stock brokers tend to pay higher average rates attributed to job stress and lots of time spent away from family. Other careers like farmers, athletes and performers have lower than average premiums for Precis insurance.
• Insure car and home with the same company – Many insurance companies will give lower prices to policyholders who buy several policies from them such as combining an auto and homeowners policy. If you currently are using one company, consumers should still get quotes from other companies to help guarantee you have the best rates.
• Coverage deductibles are a factor – Physical damage protection, also known as collision and other-than-collision, helps pay for damage to your vehicle. Some examples of claims that would be covered are collision with another vehicle, hitting a deer, or theft. Your deductibles are the amount of money the insured will be required to pay before your insurance coverage pays a claim. The more expense you are required to pay out-of-pocket, the better rate you will receive for Precis insurance.
• Guys pay higher prices – Over the last 50 years, statistics have shown that women are safer drivers than men. However, don’t assume that men are WORSE drivers than women. They both are in fender benders in similar percentages, but the males tend to have higher claims. Men also tend to have more aggressive citations like reckless driving and DUI. Male teenagers cause the most accidents and therefore are the most expensive to insure.
• Rate your vehicle for proper use – The more you drive each year the higher your rates will be. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars and trucks that are left in the garage can be on a lower rate level than those that get driven frequently. An improperly rated Precis can result in significantly higher rates. Verify your insurance coverage coverage correctly shows the right rating data, because it can save money.

Lower rates by qualifying for discounts

Companies do not list every policy discount very well, so the list below details both the well known and also the more inconspicuous credits that you can use to lower your rates.

• Multi-Vehicle Discounts – Having several vehicles with the same company can get a discount on all vehicles.
• Pay Now and Pay Less – By paying your entire bill at once instead of paying each month you may reduce your total bill.
• Switch and Save Discount – A few insurance companies offer discounts for buying a new policy prior to your current policy expiration. You can save around 10% with this discount.
• First Accident Forgiveness – Not really a discount, but a handful of insurance companies will turn a blind eye to one accident before hitting you with a surcharge so long as you haven’t had any claims for a specific time period.
• Active Service Discounts – Having an actively deployed family member may qualify for rate reductions.

Discounts save money, but please remember that most credits do not apply to the entire cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

A few popular companies and a partial list of their discounts can be found below.

• State Farm includes discounts for multiple policy, anti-theft, student away at school, Steer Clear safe driver discount, safe vehicle, driver’s education, and passive restraint.
• Geico has savings for multi-policy, multi-vehicle, anti-theft, five-year accident-free, and seat belt use.
• Progressive discounts include online quote discount, multi-vehicle, continuous coverage, good student, and online signing.
• 21st Century may offer discounts for early bird, 55 and older, student driver, homeowners, and air bags.
• American Family policyholders can earn discounts including mySafetyValet, multi-vehicle, Steer into Savings, air bags, and defensive driver.
• The Hartford has discounts for defensive driver, driver training, good student, air bag, bundle, vehicle fuel type, and anti-theft.
• AAA offers premium reductions for multi-car, education and occupation, multi-policy, AAA membership discount, pay-in-full, good driver, and good student.

It’s a good idea to ask every prospective company which discounts they offer. Depending on the company, some discounts may not be available in your state. To see a list of companies who offer online auto insurance quotes, click here to view.

Auto insurance is unique, just like you

When it comes to buying the best auto insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if you might need professional guidance.

• Why do I only qualify for high-risk insurance?
• Can I rate high risk drivers on liability-only vehicles?
• Do I need PIP (personal injury protection) coverage in my state?
• Does coverage extend to a rental car in a foreign country?
• Is upholstery damage covered by car insurance?
• When should I drop full coverage on my 1990 Mitsubishi Precis?
• Do I need added coverage for expensive stereo equipment?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.

Specifics of your auto insurance policy

Knowing the specifics of auto insurance helps when choosing the best coverages and the correct deductibles and limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on the average auto insurance policy.

Medical costs insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for things like dental work, hospital visits, ambulance fees and nursing services. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverage – Collision coverage pays for damage to your Precis caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as sideswiping another vehicle, rolling your car, damaging your car on a curb and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Liability car insurance – Liability coverage will cover damage that occurs to people or other property in an accident. This coverage protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims like legal defense fees, medical expenses and medical services. How much coverage you buy is your choice, but consider buying higher limits if possible.

UM/UIM Coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Comprehensive or Other Than Collision – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, damage from flooding and theft. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Be a smart shopper

We just covered many ways to reduce 1990 Mitsubishi Precis insurance car insurance rates online. The key concept to understand is the more price quotes you have, the higher the chance of saving money. Consumers could even find that the best car insurance rates are with a smaller regional carrier. These companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Progressive and Geico.

Cheaper 1990 Mitsubishi Precis insurance is definitely available online and with local insurance agents, and you need to price shop both to have the best rate selection. Some companies do not provide the ability to get quotes online and many times these small insurance companies provide coverage only through independent agents.

Additional learning opportunities

• Think You’re a Safe Driver? (State Farm)
• Auto Crash Statistics (Insurance Information Insitute)
• Frontal Crash Tests (iihs.org)
• Parking Tips to Reduce Door Dings (State Farm)
• Event Data Recorders FAQ (iihs.org)