Compare 1992 Mitsubishi Precis Insurance Cost

Looking for the cheapest insurance rates for your Mitsubishi Precis? Finding the cheapest insurance for your Mitsubishi Precis can be an all-consuming task, but you can learn our insurance buying tips to save time.

There are both good and bad ways to shop for insurance and we’ll show you the proper way to price shop coverage for your Mitsubishi and find the best price possible either online or from local insurance agents.

It’s a good habit to shop coverage around occasionally because insurance rates change frequently. Despite the fact that you may have had the best premium rates for Precis insurance a couple years back the chances are good that you can find a lower price today. Forget all the misinformation about insurance because you’re about to learn one of the best ways to reduce your cost while improving coverage.

Components of your Mitsubishi Precis insurance rates

The best way to find cheaper auto insurance is to take a look at a few of the rating criteria that help calculate your premiums. If you have a feel for what determines premiums, this allows you to make good choices that could help you find big savings. Lots of things are considered when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, but other criteria are not quite as obvious such as whether you are married or your vehicle rating.

  • Prevent theft and save – Choosing to buy a car with a theft deterrent system can save you some money. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop your vehicle from being stolen.
  • Liability protection limits should be high – A critical coverage on your policy, liability insurance is the protection in the event that a court rules you are at fault for physical damage or personal injury to other. Your policy’s liability insurance provides legal defense coverage starting from day one. Liability insurance is pretty cheap when compared with rates for comp and collision, so do not cut corners here.
  • Better prices on cars with good safety ratings – Cars with high safety ratings cost less to insure. Safe vehicles reduce the chance of injuries and better occupant protection translates directly to fewer claims passed on to you as lower rates. If your Mitsubishi Precis scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.
  • Inexpensive frequent insurance claims are not good – If you tend to file frequent claims, don’t be surprised to see either a policy non-renewal or much higher rates. Companies provide discounts to people who file claims infrequently. Your car insurance is intended for more catestrophic claims.
  • Where you live – Being located in less populated areas is a good thing when shopping for auto insurance. Fewer drivers translates into fewer accidents and a lower car theft rate. Urban drivers tend to have much more traffic and higher rates of accident claims. More time behind the wheel means more chances of being involved in an auto accident.

Insurance coverage rates and discounts

Car insurance is not cheap, but you may be missing some discounts that could drop your premiums quite a bit. A few discounts will be applied at the time you complete a quote, but a few must be specially asked for in order for you to get them. If you’re not getting every credit you qualify for, you could be saving more on your insurance coverage.

  • Home Ownership Discount – Just being a homeowner can help you save on insurance coverage because it requires a higher level of personal finance.
  • Buy New and Save – Insuring a new car is cheaper because newer models have to meet stringent safety requirements.
  • Good Student – Getting good grades may save as much as 25% on a insurance coverage quote. This discount can apply up until you turn 25.
  • Multiple Policy Discount – If you can combine your auto and homeowners policy with one company you may earn over 10 percent off each policy depending on the company.
  • Defensive Driving Course – Taking a course in safe driver could earn you a small percentage discount and easily pay for the cost of the class.
  • Accident Forgiveness Coverage – but a handful of insurance companies will let one accident slide without the usual rate increase so long as you are claim-free for a specific time period.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like you would end up receiving a 100% discount, it’s just not the way it works. Any qualifying discounts should definitely cut the cost of your policy.

The best insurance coverage companies and some of their more popular discounts are:

  • Geico offers premium reductions for military active duty, anti-theft, daytime running lights, seat belt use, and federal employee.
  • USAA may offer discounts for family discount, safe driver, annual mileage, multi-policy, new vehicle, and military installation.
  • Progressive has discounts for online signing, multi-policy, continuous coverage, good student, homeowner, and multi-vehicle.
  • American Family policyholders can earn discounts including mySafetyValet, defensive driver, air bags, multi-vehicle, early bird, Steer into Savings, and good student.
  • Esurance may include discounts for emergency road assistance, renters, safety device, homeowner, DriveSense, and online shopper.
  • Farmers Insurance may have discounts that include good student, pay in full, business and professional, distant student, alternative fuel, multi-car, and teen driver.
  • State Farm has savings for defensive driving training, Steer Clear safe driver discount, multiple autos, Drive Safe & Save, driver’s education, anti-theft, and student away at school.

If you need cheap insurance coverage quotes, ask each company or agent which discounts they offer. All car insurance discounts may not apply everywhere. To see companies who offer online insurance coverage quotes, click this link.

Situations that may require an agent’s advice

When it comes to buying the best insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining whether you may require specific advice.

  • What can I do if my company denied a claim?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • I don’t drive much so do I pay less?
  • Does coverage extend to my business vehicle?
  • How does medical payments coverage work?
  • When does my teenage driver need to be added to my policy?
  • Should I buy only the required minimum liability coverage?
  • Does my car insurance cover rental cars?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Parts of your auto insurance policy

Knowing the specifics of a auto insurance policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision coverage

Collision insurance pays for damage to your Precis from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with another moving vehicle, rolling your car and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Mitsubishi Precis.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as X-ray expenses, surgery, prosthetic devices and EMT expenses. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as fire damage, damage from a tornado or hurricane and damage from getting keyed. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for liability

This can cover damage that occurs to other’s property or people in an accident. This coverage protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Some companies may use one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as funeral expenses, repair bills for other people’s vehicles, pain and suffering and court costs. How much coverage you buy is up to you, but buy as much as you can afford.

Money doesn’t grow on trees

Throughout this article, we presented many tips how you can lower your 1992 Mitsubishi Precis insurance premium rates. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. Consumers may even find the lowest premium rates come from some of the smallest insurance companies.

Some car insurance companies do not provide the ability to get quotes online and these small insurance companies only sell through independent insurance agencies. Discount 1992 Mitsubishi Precis insurance is definitely available from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates.

As you restructure your insurance plan, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many cases, an insured dropped uninsured motorist or liability limits only to regret they didn’t purchase enough coverage. The goal is to buy a smart amount of coverage at the best possible price and still be able to protect your assets.

More tips and info about car insurance can be found at these sites:

Comments About 1992 Mitsubishi Precis Insurance

  1. Marcene Jones

    Will GEICO do a SR22 in Hawaii?

  2. Jen Valdez

    I got decent rates for a 1992 Mitsubishi Precis in Portland, Maine. Ended up at roughly $100 every six months with Auto-Owners. I quoted rates online then called them.

  3. Eusebio Wall

    I found affordable 1992 Mitsubishi Precis insurance from State Farm in South Burlington, VT.

  4. Brett Foreman

    I live just to the east of Great Falls, MT. Quoted prices online for a 1992 Mitsubishi Precis. Ended up at about $120 savings annually. Went with State Farm. Only insure liability on my Mitsubishi.

  5. Claris Acevedo

    Just a quick comment on my experience. From north side of Knoxville, Tennessee. I compared lots of rates. Saved roughly $20 a month. Allstate was the most affordable for me. They have a lot of discounts available. It’s only liability tho.

  6. April Larson

    Will GEICO be cheaper if I raise deductibles?

  7. Lore Ray

    I live in Kansas City, MO, and Allstate rates were best. Left Nationwide to switch.

  8. Delpha Harrington

    Here’s my info. Went with Encompass for my Mitsubishi and am saving around $100 a year. Left Esurance to switch.

  9. Daryl Nolan

    Like your site, BTW. I live just to the east of South Burlington, Vermont. Got car insurance quotes from Progressive, Hartford, and Erie for my Precis and I think I am saving around $30 each month. Left USAA to switch. Switched homeowners coverage too. Get lots of quotes to find the best rate. Anyone else drop full coverage?

  10. Dia Witt

    Corporate greed I’m telling you. I live just outside Memphis, TN. Not sure of all the companies but I ended up saving about $20 each month. Left Allstate to switch. I even had a DUI years ago. I used their website to get prices. My Mitsubishi doesn’t have full coverage.

  11. Courtney Mcbride

    This is too expensive. Checking in from Rochester, Minnesota. Can’t remember who all I quoted but I ended up saving about $20 each month. I got a quote from their website.

  12. Kristi Dodson

    Corporate greed I’m telling you. Checking in from Salt Lake City, UT. Quoted quotes with AIG Insurance, MetLife, and a few others for my Mitsubishi and I think I am saving around $20 each month. I think they have home insurance too.

  13. Rodney Meyer

    I’ve had Allstate for years. I’m in Montgomery, AL.

  14. Angelia Stafford

    Just a quick comment on my experience. I’m just west of Miami, FL. Got rates from The General, AAA, Nationwide, and a couple others for my Precis and saved around $110 a year. Left Travelers to switch. It’s only liability tho.