Compare 2001 Mitsubishi Montero Car Insurance Rates

Want the cheapest car insurance rates? Drivers have a choice when trying to find low-cost Mitsubishi Montero insurance. You can either waste hours calling around getting price quotes or use the internet to make rate comparisons.

There is a right way and a wrong way to buy car insurance and you need to know the proper way to price shop coverage for a new or used Mitsubishi and find the cheapest rates.

You should make it a habit to shop coverage around as often as possible because insurance prices change regularly. Despite the fact that you may have had the best rate on Montero insurance a few years ago other companies may now be cheaper. Block out anything you think you know about car insurance because you’re going to learn one of the easiest ways to lower your annual insurance bill.

How much is insurance?

There are multiple methods to compare insurance prices but one way is less time-consuming than others. You can waste a few hours (or days) discussing policy coverages with agents in your area, or you can stay home and use online quoting to maximize your effort.

Many of the larger companies participate in an industry program that allows shoppers to enter their policy data once, and each participating company can provide price quotes based on the submitted data. This system prevents you from having to do quote forms to each individual insurance company.

To participate in this free quote system, click to open in new window.

The one disadvantage to using this type of system is you cannot specify which providers to get quotes from. If you wish to select from a list of companies to compare, we have a listing of the cheapest insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, make sure you compare equivalent coverages and limits on every quote. If the quotes have different coverage information it’s not possible to determine which company has the best rates.

More affordable rates by taking advantage of discounts

Buying insurance is not cheap, but you may qualify for discounts that you may not even know about. Many of these discounts will be applied automatically when you purchase, but a few must be inquired about before you get the savings.

• Discounts for Multiple Vehicles – Purchasing coverage when you have multiple cars on a single policy can get a discount for every vehicle.
• Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if offered at their school.
• Government Employee Discount – Being employed by or retired from a federal job may reduce rates when you quote auto insurance on Montero insurance with certain companies.
• Club Memberships – Joining specific professional or occupational memberships or organizations could trigger savings on your bill.
• Defensive Driver – Taking part in a course teaching defensive driver skills could earn you a small percentage discount and also improve your driving technique.
• Discount for Multiple Policies – If you combine your auto and homeowners policies with the same insurance company you could get a discount of over 10 percent off each policy depending on the company.

While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. Some only reduce the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like you can get free auto insurance, you won’t be that lucky.

To view companies with discount rates, follow this link.

How much insurance do I need?

When buying coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

These are some specific questions can help discover if your insurance needs may require specific advice.

• What companies insure drivers after a DUI or DWI?
• Do I need added coverage for expensive stereo equipment?
• Can I afford low physical damage deductibles?
• What are the financial responsibility laws in my state?
• What is covered by UM/UIM coverage?
• Are rental cars covered under my policy?
• If my pet gets injured in an accident are they covered?
• Am I covered when delivering products for my home-based business?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and may give you better protection.

Mitsubishi Montero insurance price factors

Many things are used in the calculation when you get a price on insurance. Some are pretty understandable like your driving record, although some other factors are less obvious such as your marital status or how safe your car is.

The following are some of the things used by companies to determine rates.

• A car insurance lapse can increase prices – Allowing your car insurance policy to lapse is a quick way to increase your renewal premiums. Not only will you pay higher rates, getting caught without coverage could result in a revoked license or a big fine.
• Do you save by driving less? – The higher the mileage driven each year the more you will pay for car insurance. A lot of companies rate vehicles based upon how the vehicle is primarily used. Vehicles that have low annual miles receive lower rates than those used for commuting. An incorrectly rated Montero may be wasting your money. It’s a good idea to make sure your car insurance declarations sheet properly reflects the correct usage.
• Tickets and citations cost more than a fine – How you drive impacts premiums far more than you think. Even one driving citation may increase your cost forty percent or more. Careful drivers have lower premiums as compared to those with violations. Drivers who have received multiple violations such as DUI or willful reckless driving may need to prove financial responsibility with the DMV in their state in order to legally drive a vehicle.
• Theft deterrents lower prices – Driving a car with advanced anti-theft systems can save you a little every year. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar help track and prevent auto theft and help lower rates.
• Do you really need the extra coverages? – There are a lot of additional extra coverages that can waste your money on your car insurance policy. Things like rental car coverage, death and dismemberment, and motor club memberships could be just wasting money. These coverages may sound good when talking to your agent, but your needs may have changed so eliminate them to save money.
• What are good liability coverage limits? – A critical coverage on your policy, liability insurance will protect you if ever you are found to be at fault for personal injury or accident damage. It will provide you with a defense in court starting from day one. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.

Car insurance coverage specifics

Understanding the coverages of your policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as theft, hitting a deer, rock chips in glass, damage from flooding and hail damage. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability coverages

Liability coverage can cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for 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 values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like medical services, medical expenses, funeral expenses, pain and suffering and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

This covers damage to your Montero from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as hitting a parking meter, rolling your car and backing into a parked car. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Medical costs insurance

Coverage for medical payments and/or PIP pay for immediate expenses such as doctor visits, X-ray expenses and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Final considerations

More affordable auto insurance can be purchased on the web and with local insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance providers don’t offer price quotes online and many times these small, regional companies provide coverage only through independent agents.

We just showed you some good ideas how you can compare 2001 Mitsubishi Montero insurance car insurance rates online. The key concept to understand is the more providers you compare, the better your chances of lowering your premium rates. You may even discover the best car insurance rates are with a small mutual company.

Drivers who switch companies do it for any number of reasons including being labeled a high risk driver, high rates after DUI convictions, questionable increases in premium or even delays in responding to claim requests. It doesn’t matter what your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

To read more, feel free to visit these articles:

• Safety Belts FAQ (iihs.org)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Tread Depth and Tire Safety (State Farm)
• Think You’re a Safe Driver? (State Farm)