Compare 1998 Mitsubishi Galant Insurance Cost

There isn’t anyone who gets a kick out of paying for car insurance, especially when they know they are paying too much. Drivers have multiple car insurance companies to purchase coverage from, and although it’s nice to have a selection, it can be more difficult to compare rates and find the lowest cost car insurance.

The most recommended method to compare insurance rates in your area utilizes the fact almost all companies allow for online access to quote your coverage. To get started, all you need to do is give them some information like whether you are single or married, how much school you completed, what you do for a living, and whether your vehicle is owned or leased. Your rating data gets sent immediately to many different companies and they return quotes with very little delay.

More discounts mean affordable premiums

The cost of insuring your cars can be expensive, but you may be missing some discounts that many people don’t even know exist. Some discounts apply automatically at the time of quoting, but once in a while a discount must be asked about prior to getting the savings. If you’re not getting every credit you qualify for, you are just wasting money.

• Auto/Life Discount – Larger companies have lower premium rates if you buy a life insurance policy as well.
• Telematics Devices – Insureds that choose to allow their insurance coverage company to analyze driving habits by using a telematics device such as Progressive’s Snapshot may see discounts if their driving habits are good.
• Multi-car Discount – Drivers who insure multiple cars or trucks on one policy could earn a price break for each car.
• Federal Government Employee – Federal government employees can earn a discount up to 10% for Galant insurance with certain companies.
• Defensive Driver Discount – Successfully completing a driver safety course may get you a small discount depending on where you live.

Remember that most of the big mark downs will not be given to your bottom line cost. Most only cut the cost of specific coverages such as medical payments or collision. So when it seems like having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous.

The best insurance coverage companies and a partial list of their discounts can be read below.

• Geico may include discounts for good student, anti-theft, anti-lock brakes, membership and employees, daytime running lights, and federal employee.
• MetLife offers discounts for good driver, claim-free, multi-policy, good student, accident-free, and defensive driver.
• Progressive includes discounts for online quote discount, homeowner, good student, online signing, multi-policy, and multi-vehicle.
• Travelers may have discounts that include multi-car, new car, multi-policy, driver training, and payment discounts.
• SAFECO discounts include teen safe driver, drive less, bundle discounts, safe driver, anti-theft, and teen safety rewards.
• AAA has savings for pay-in-full, AAA membership discount, multi-policy, good driver, anti-theft, and multi-car.

If you need lower rates, check with all companies you are considering to apply every possible discount. Some of the discounts discussed earlier may not be available in every state. To choose providers that offer many of these discounts, follow this link.

It’s not one size fits all

When buying coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that might help in determining whether you will benefit from professional help.

• Do I need roadside assistance coverage?
• What is medical payments coverage?
• When can I cancel my policy?
• If I drive on a suspended license am I covered?
• Do I have coverage for damage caused while driving under the influence?
• Is my trailer covered?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Specific coverages for a 1998 Mitsubishi Galant

Learning about specific coverages of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 1998 Mitsubishi Galant.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive protection – Comprehensive insurance pays for 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 coverage pays for claims such as vandalism, falling objects and theft. The highest amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability auto insurance – Liability insurance will cover damage that occurs to people or other property by causing an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability can pay for things such as emergency aid, medical services, repair costs for stationary objects and medical expenses. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for immediate expenses for X-ray expenses, EMT expenses, doctor visits and pain medications. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision coverage – This covers damage to your Galant resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a building, damaging your car on a curb, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.