1994 Mitsubishi Montero Insurance Rates – 5 Discounts for Cheaper Quotes

Searching for the cheapest insurance rates for your Mitsubishi Montero? Paying cheap rates for insurance might be slightly frustrating for drivers new to comparison shopping online. Drivers have so many options available that it can easily turn into a real difficult job to find a cheaper company.

Smart consumers take time to compare rates on a regular basis because insurance prices tend to go up over time. Just because you found the best price on Montero coverage a few years ago a different company probably has better rates today. Forget anything you know (or think you know) about insurance because it’s time to teach you the only way to save money, get proper coverage and the best rates.

Buying cheaper insurance is easy if you know what you’re doing. Just about everyone who carries insurance will be able to reduce their rates. But consumers need to learn how insurance companies market insurance on the web.

You may qualify for discounts

Car insurance is not cheap nor is it fun to buy but you might be missing out on some discounts that you may not even be aware of. Some of these disounts will be visible at the time of quoting, but a few must be manually applied before you will receive the discount.

  • One Accident Forgiven – Not necessarily a discount, but a few companies such as Liberty Mutual, Allstate and State Farm will allow you to have one accident without the usual rate increase if you are claim-free prior to the accident.
  • Professional Organizations – Being in a qualifying organization may earn a discount when getting a insurance quote.
  • Accident Free – Drivers with accident-free driving histories get the best car insurance rates in comparison with policyholders that have many claims.
  • Distant College Student Discount – Children who are enrolled in a college that is more than 100 miles from home and leave their car at home may be insured at a cheaper rate.
  • Defensive Driver Discounts – Participating in a class that teaches defensive driving techniques is a good idea and can lower rates and make you a better driver.

It’s important to understand that most credits do not apply to the entire cost. Most cut the price of certain insurance coverages like liability and collision coverage. So when the math indicates it’s possible to get free car insurance, companies don’t profit that way. But all discounts will lower your overall bill.

A partial list of companies that may offer these money-saving discounts may include but are not limited to:

When getting a coverage quote, ask all the companies how you can save money. Savings might not apply in your area. To find car insurance companies with significant discounts, click here.

There’s no such thing as the perfect auto insurance policy

When it comes to choosing the best auto insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s.

For instance, these questions could help you determine if you will benefit from professional help.

  • Am I covered when driving someone else’s vehicle?
  • Do I need higher collision deductibles?
  • Is my teenager covered with friends in the car?
  • Am I covered if I wreck a rental car?
  • Does coverage extend to my business vehicle?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my camper covered by my car insurance policy?
  • How can I get my company to pay me more for my totalled car?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

Save $396 a year! What?

Insurance coverage companies such as State Farm, Allstate and Geico seem to constantly run ads on television and other media. All the companies advertise claims that drivers can save some big amount just by moving to them. How does every company charge you a lower premium? It’s all in the numbers.

Most companies give the cheapest rates for the type of driver that will be a good risk. For example, a driver they prefer may need to be between the ages of 40 and 55, has never had a policy lapse, and has a short commute. Any new insured who matches those parameters will probably get the lowest premium rates and is almost guaranteed to save if they switch.

Drivers who do not match this stringent profile may be required to pay more expensive rates and ends up with the customer not purchasing. The ad wording is “drivers that switch” not “everybody who quotes” save money. That’s the way companies can make it sound like they have such great car insurance rates.

This really illustrates why it is so important to do a quote comparison often. It’s just not possible to know which insurance companies will give you the biggest savings.

Coverages available on your policy

Having a good grasp of insurance can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Mitsubishi Montero.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for expenses like dental work, EMT expenses, rehabilitation expenses, hospital visits and ambulance fees. They are often used in conjunction with a health insurance program or if you are not covered by health insurance. It covers you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Auto liability – Liability coverage provides protection from injuries or damage you cause to people or other property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as pain and suffering, repair costs for stationary objects, bail bonds and structural damage. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, hail damage, damage from a tornado or hurricane and fire damage. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision coverages – This coverage covers damage to your Montero caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like hitting a mailbox, sideswiping another vehicle, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Be Smart and Buy Smart

When getting insurance quotes online, it’s not a good idea to reduce coverage to reduce premium. In many instances, an accident victim reduced liability coverage limits to discover at claim time that it was a big mistake. Your aim should be to purchase plenty of coverage at the lowest possible cost, not the least amount of coverage.

Throughout this article, we presented quite a bit of information on how to reduce 1994 Mitsubishi Montero insurance premium rates online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your prices. Drivers may discover the lowest priced insurance coverage comes from a lesser-known regional company.

Consumers who switch companies do it for a variety of reasons including questionable increases in premium, delays in paying claims, an unsatisfactory settlement offer or poor customer service. It doesn’t matter why you want to switch choosing a new company is pretty simple and you could end up saving a buck or two.

More tips and info about insurance coverage can be read at these sites:

Comments About 1994 Mitsubishi Montero Insurance

  1. Florida Foreman

    If you have a good history and live in the vicinity of Des Moines, Iowa, check out Allstate. You might get cheaper rates. Insured with The General before. I have a teen driver too. Hardly afford to drive anymore. It’s too old for full coverage.

  2. Darlene Brady

    In Burlington, VT, Auto-Owners had the best rates for my 1994 Mitsubishi Montero. Thankfully I have a good driving record.

  3. Felisa Hodges

    What exactly does liability cover?

  4. Ka Mcmillan

    I live in a small town just outside of Cleveland, OH, and GEICO rates were best. Left Erie to switch. Moved home policy as well. :P Just liability coverage since it’s getting old.

  5. Kristi Peterson

    I live just outside Honolulu, Hawaii. Received quotes from State Farm, American Family, and some I forget for my 1994 Mitsubishi Montero and I think I saved around $20 each month. Left Nationwide to switch. My Mitsubishi doesn’t have full coverage.

  6. Lachelle Martin

    Will State Farm cancel if I have a claim?

  7. Carlena Nixon

    From northwest of Tulsa, OK. I got free prices from GEICO, American Family, Eastwood, and The General for my 1994 Mitsubishi Montero and saved just over $60 a year. I got a quote from their website. I think I’ll get rid of full coverage next time.

  8. Daniele Oneal

    Great site. I live in a small town just outside of Los Angeles, CA. Not sure of all the companies but I ended up saving about $20 each month. Was with AIG Insurance. I dropped full coverage awhile back.

  9. Eda Orr

    I’m in the south part of Pittsburgh, PA. Quoted a bunch of companies. Saved darn near $30 a month. Allstate was the cheapest option for me. When should I drop full coverage?

  10. Addie Baker

    What exactly does liability cover?

  11. Genevieve Hendrix

    I’m in Fargo, ND and need high risk coverage. Help!

  12. Loris Kirkland

    From a town just southwest of Warren, MI. I compared lots of rates. Saved darn near $20 a month. 21st Century was the cheapest option for me. Switched homeowners coverage too.

  13. Nakisha Klein

    I got a good deal I think. Live in Lexington, Kentucky. Quoted with Progressive, AAA, Encompass, and Liberty Mutual for my Mitsubishi and I think I am saving around $30 each month. I think they have home insurance too. You can get a rate quote online. I think I’ll get rid of full coverage next time.

  14. Karyl Lawrence

    1994 Mitsubishi Montero + State Farm = GOOD RATES!