Being forced to pay for overpriced car insurance premiums can bleed your budget and force you to make tough financial choices.
Due to the increasing number of options, it can be hard to choose a more affordable car insurance provider.
Companies offering auto insurance don’t list all available discounts very well, so the below list has a few of the more common in addition to some of the lesser obvious credits that may apply to you.
A quick disclaimer, some of the credits will not apply to the entire cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. So even though you would think having all the discounts means you get insurance for free, you won’t be that lucky.
Companies that may offer policyholders these money-saving discounts are:
When quoting, ask all companies you are considering how you can save money. A few discounts might not be offered on policies in your area. To view companies that offer many of these discounts, click here.
All the larger insurance coverage companies such as Allstate and Progressive allow you to get coverage prices on their websites. Doing online price comparisons is fairly straightforward because it’s just a matter of typing in your required coverages as detailed in the form. After you complete the form, the company’s rating system collects information on your driving record and credit history and provides a quote based on these and other factors. Online price quotes makes it simple to compare prices but the time it takes to visit different websites and type in your information is monotonous and tiresome. But it’s necessary to compare as many rates as possible if you want to get lower prices.
A quicker way to find better insurance coverage pricing uses one form that gets prices from more than one company. It’s a real time-saver, reduces the work, and makes price shopping online much more enjoyable. As soon as you send your information, your coverage is rated and you can select any of the quote results. If you find a better price it’s easy to complete the application and buy the new coverage. The whole process takes less than 15 minutes and can result in significant savings.
To find out how much you can save on insurance coverage, click here to open in new window and submit the form. If you currently have coverage, we recommend you replicate the insurance coverages identical to your current policy. Doing this assures you will get a fair comparison using the exact same coverages.
When it comes to choosing the best auto insurance coverage, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions could help you determine whether you would benefit from professional advice.
If it’s difficult to answer 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, fill out this quick form or you can go here for a list of companies in your area.
Learning about specific coverages of insurance aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. These are typical coverages available from insurance companies.
Collision coverage – Collision coverage covers damage to your Diamante resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage protects against claims like sideswiping another vehicle, rolling your car and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.
Liability car insurance – Liability insurance protects you from damages or injuries you inflict on people or other property in an accident. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.
Liability coverage pays for things like medical expenses, attorney fees and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Comprehensive protection – This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as hitting a deer, damage from getting keyed, damage from a tornado or hurricane, damage from flooding and a broken windshield. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Medical expense coverage – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like funeral costs, prosthetic devices and EMT expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible
Uninsured or underinsured coverage – This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 2001 Mitsubishi Diamante.
Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.
In this article, we covered some good ideas how to compare 2001 Mitsubishi Diamante insurance prices online. The key concept to understand is the more rate comparisons you have, the better likelihood of getting the cheapest insurance coverage. Consumers may even find the lowest prices are with the least-expected company. Smaller companies can often provide lower rates in certain areas as compared to the big name companies such as Geico and State Farm.
Budget-conscious 2001 Mitsubishi Diamante insurance can be found on the web as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide rate quotes online and many times these small, regional companies work with independent insurance agents.
For more information, feel free to browse these articles:
Yoshiko Caldwell
Cheaper car insurance is a myth. I live just to the south of Virginia Beach, Virginia. Don’t remember every company but I ended up saving about $20 each month.
Joana Matthews
Cheaper not always better. Proud to be from Rio Rancho, NM. Quoted with Travelers, AAA, GMAC, and Mercury for my 2001 Mitsubishi Diamante and saved just over $100 a year. Insured with GEICO before. When should I drop full coverage?
Janette Todd
From Milwaukee, WI. Quoted with GEICO, Auto-Owners, Eastwood, and The General for my Diamante and saved $66 a year. Did it all online. Not worth enough to pay for comprehensive and collision.
Alysa Pennington
21st Century is cheapest in Minnesota! :)
Juliane Duffy
I live in Gulfport, MS. Quoted a bunch of companies. Saved right around $30 a month. GEICO was the best choice for me. Was with MetLife. Book value doesn’t justify full coverage anymore.
Marguerita Myers
I’ve bought from GEICO forever. Cheapest rates in Wilmington, DE.
Karol Gallegos
I compared a lot of rate quotes for a 2001 Mitsubishi Diamante in Concord, NH. Ended up at about $70 every six months with AIG Insurance. I just quoted rates online. I don’t have comp or collision coverage.
Lu Oneal
Found cheapest coverage with Hartford for my Diamante and saved about $70 a year. Have an at-fault accident tho. It’s only liability tho.
Joanne Riddle
Well-written and thought out article. I’m in Norfolk, Virginia. Compared quite a few companies. Saved darn near $30 a month. 21st Century was the most affordable for me. Was with USAA. God forbid I actually have a claim.
Marcellus Delaney
Like your site, BTW. Checking in from Birmingham, Alabama. Got car insurance quotes from USAA, American Family, Liberty Mutual, and Mercury for my Diamante and I’m now saving $10 a month.
Antonetta Carson
If you have a good history and live in the vicinity of New Orleans, LA, check out State Farm. I saved quite a bit. I get lower rates because of my clean driving record. Not sure if rates are cheaper online or through an agent.
Analisa Maldonado
I’ve had Allstate for years. I’m in Aurora, CO.
Shirlene Lindsay
Will 21st Century do a SR22 in Idaho?