1998 Mitsubishi Eclipse Spyder Car Insurance Rates – 6 Tricks for Cheapest Quotes

Looking for better car insurance rates for your Mitsubishi Eclipse Spyder? Buying low-cost car insurance on the web can appear to be somewhat intimidating for consumers who are beginners to quoting and comparing prices on the web. With such a large choice of online companies, how can consumers have time to compare every one to find the cheapest price possible?

Affordable insurance coverage

There are several ways you can shop for insurance coverage but there is one way that is easier and takes less work. You can waste a lot of time driving to agents in your area, or you could save time and use online quotes to get prices fast.

Many insurance companies participate in an industry program where prospective buyers submit their information once, and at least one company can provide price quotes based on that data. This system prevents you from having to do repetitive form submissions to each company. To participate in this free quote system, click here (opens in new window).

The only downside to using this type of form is that consumers can’t choose the insurers you want to price. If you wish to select specific insurance companies to compare rates, we have assembled a list of companies who write insurance coverage in your area. Click to view list.

Whichever way you use, make absolute certain that you use identical coverages with every price quote. If the quotes have different deductibles it will be nearly impossible to decipher which rate is best. Just a small difference in insurance coverages or limits could throw off the whole comparison. It’s important to know that comparing more rates from different companies will improve the odds of getting lower pricing. Some companies don’t provide price estimates online, so it’s recommended that you also compare prices from them as well.

Take these six policy discounts and save

Car insurance companies don’t list all possible discounts in a way that’s easy to find, so the following is a list of some of the more common as well as some of the hidden discounts that you can inquire about if you buy insurance coverage online.

  • Club Memberships – Participating in qualifying employment or professional organizations could earn you a nice discount on your next insurance coverage statement.
  • Full Payment Discount – If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle up can save a little off PIP or medical payments premium.
  • Resident Student – Children who are enrolled in a college that is more than 100 miles from home and don’t have a car could qualify for this discount.
  • Save with More Vehicles Insured – Having multiple cars on a single policy qualifies for this discount.
  • Data Collection Discounts – Drivers who agree to allow data collection to study driving patterns by installing a telematics device such as State Farm’s In-Drive may get a rate reduction as long as the data is positive.

As a footnote on discounts, many deductions do not apply to your bottom line cost. Some only apply to individual premiums such as comprehensive or collision. Even though it appears it’s possible to get free car insurance, nobody gets a free ride.

For a list of insurers that offer multiple discounts, click this link.

Which policy gives me the best coverage?

When it comes to choosing the right insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different.

For example, these questions might point out if your situation would benefit from professional advice.

  • Do I need medical payments coverage since I have good health insurance?
  • Can I afford to pay high deductible claims out of pocket?
  • What discounts do I qualify for?
  • Do I need to file an SR-22 for a DUI in my state?
  • Is business equipment covered while in my vehicle?
  • Where can I find DUI or SR-22 insurance?
  • Am I covered when using my vehicle for business?
  • Is my nanny covered when driving my vehicle?
  • Why do I only qualify for high-risk insurance?

If you can’t answer these questions, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Insurance coverage basics

Understanding the coverages of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Liability coverage

Liability coverage can cover damage that occurs to other people or property by causing an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for things such as structural damage, loss of income, legal defense fees, emergency aid and medical expenses. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as crashing into a building, colliding with a tree, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Comprehensive coverages

Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from a tornado or hurricane, hitting a bird, fire damage and damage from getting keyed. The highest amount 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.

Uninsured and underinsured coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for funeral costs, nursing services, dental work and X-ray expenses. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

Best coverage at the best price

As you quote insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced liability coverage limits and found out when filing a claim that the small savings ended up costing them much more. Your strategy should be to find the BEST coverage at a price you can afford.

Some insurance companies don’t offer online quoting and most of the time these regional carriers only sell coverage through independent agencies. Cheaper 1998 Mitsubishi Eclipse Spyder insurance can be found both online and from local insurance agents, so compare prices from both to have the best selection.

You just read a lot of techniques to save on 1998 Mitsubishi Eclipse Spyder insurance. It’s most important to understand that the more you quote insurance coverage, the more likely it is that you will get a better rate. You may even discover the lowest prices are with a small local company.

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Comments About 1998 Mitsubishi Eclipse Spyder Insurance

  1. Mackenzie Walter

    Does State Farm do SR22s in Connecticut?

  2. Victor Byrd

    Lots of good stuff here. I live west of Grand Rapids, MI. Quoted with Allstate, AIG Insurance, and some I forget for my 1998 Mitsubishi Eclipse Spyder and I’m now saving $14 a month. Wish I didn’t have to insure at all. It’s too old for full coverage.

  3. Lesley Ellison

    I’ve bought from State Farm forever. Cheapest rates in Tacoma, WA.

  4. Ethan Taylor

    Live in Nampa, Idaho. Don’t remember every company but I ended up saving about $20 each month. I used their website to get prices.

  5. Malinda King

    I compared a lot of rate quotes for a 1998 Mitsubishi Eclipse Spyder in Bismarck, ND. Ended up at right around $80 every six months with Amica. Was with GMAC. You can get a rate quote online. Book value doesn’t justify full coverage anymore.

  6. Athena Molina

    In Colorado Springs, Colorado try State Farm or Progressive. Both had decent prices.

  7. Penni Patterson

    Here’s what I found out. I live on the east side of Charlotte, NC. Received quotes with Progressive, AAA, and Farmers for my Mitsubishi and I’m now saving $21 a month. Left 21st Century to switch. I even had a DUI years ago. Just go online and compare their rates. Anyone else drop full coverage?