2001 Mitsubishi Montero Sport Insurance Quotes – 5 Savings Tips

Have you finally had enough of wondering where the money will come from to pay your car insurance bill each month? You are no different than many other consumers. Numerous insurance companies battle for your insurance dollar, so it’s not easy to compare every insurance company to get the lowest price

It’s a good idea to quote other rates yearly since prices are rarely the same from one policy term to another. If you had the lowest rates for Montero Sport coverage six months ago other companies may now be cheaper. Don’t believe everything you read about car insurance out there, but I’m going to show you a lot of great tips on how to lower your car insurance bill.

If you have insurance now or are shopping for new coverage, you can learn to find better prices and possibly find even better coverage. Finding affordable coverage is not that difficult. Drivers just need to know the tricks to compare rates over the internet.

Finding insurance coverage

There are multiple methods to compare insurance coverage quotes, and some are less labor-intensive and much quicker. You can waste a lot of time driving to insurance agencies in your area, or you could save time and use the web to maximize your effort.

Many companies take part in a program where prospective buyers complete one form, and at least one company can give them a price based on the submitted data. This saves time by eliminating quote forms to every company.

To use this form to compare rates click here (opens in new window).

One minor caviat to doing it this way is that consumers can’t choose which companies to get pricing from. If you wish to select specific insurance companies to receive pricing from, we have a listing of insurance coverage companies in your area. Click to view list.

It’s up to you how you get prices quotes, just make absolute certain that you use apples-to-apples information for every company. If you are comparing mixed coverages it will be nearly impossible to truly determine the lowest rate.

Reduce your insurance coverage rates with these five discounts

Insurance can be prohibitively expensive, but you might already qualify for some discounts to reduce the price significantly. Some discounts will apply when you complete an application, but once in a while a discount must be inquired about before being credited.

• Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up before driving can save a little off the PIP or medical payment premium.
• Discount for Swiching Early – A few companies give discounts for switching to them early. You can save around 10% with this discount.
• Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of 20 to 30 percent.
• Accident Forgiveness Coverage – but companies like State Farm and Allstate will let one accident slide without raising rates if you have no claims prior to being involved in the accident.
• Home Ownership Discount – Simply owning a home can get you a discount since home ownership is proof that your finances are in order.

Please keep in mind that some credits don’t apply the the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. So even though you would think having all the discounts means you get insurance for free, companies don’t profit that way.

A few of the larger companies and some of the premium reductions they offer are detailed below.

• Farm Bureau includes discounts for good student, 55 and retired, renewal discount, safe driver, youthful driver, driver training, and multi-policy.
• MetLife may have discounts that include good driver, claim-free, accident-free, multi-policy, and good student.
• Progressive offers premium reductions for online quote discount, multi-vehicle, good student, online signing, multi-policy, and continuous coverage.
• AAA has savings for good student, good driver, anti-theft, multi-policy, pay-in-full, and education and occupation.
• American Family offers discounts for bundled insurance, mySafetyValet, defensive driver, good student, and TimeAway discount.
• Geico may offer discounts for multi-vehicle, anti-lock brakes, defensive driver, daytime running lights, military active duty, federal employee, and air bags.
• State Farm policyholders can earn discounts including multiple autos, Drive Safe & Save, good student, anti-theft, student away at school, and driver’s education.

Double check with all the companies what discounts are available to you. Some credits might not be offered on policies in your area.

You are unique and your auto insurance should be too

When it comes to choosing the best auto insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique and your policy should reflect that. For example, these questions can help discover if your situation could use an agent’s help.

• Do I need special endorsements for business use of my vehicle?
• Is my 2001 Mitsubishi Montero Sport covered for smoke damage?
• What are the financial responsibility laws in my state?
• Should I buy more coverage than the required minimum liability coverage?
• How much underlying liability do I need for an umbrella policy?
• Am I covered when driving in Canada or Mexico?
• Does my insurance cover a custom paint job?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Insurance coverages explained

Learning about specific coverages of insurance helps when choosing the right coverages and proper limits and deductibles. Insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like fire damage, hail damage and a tree branch falling on your vehicle. The maximum payout 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.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability insurance

This coverage provides protection from damage or injury you incur to people or other property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as emergency aid, medical expenses, repair costs for stationary objects, legal defense fees and loss of income. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Collision protection

This will pay to fix damage to your Montero Sport resulting from a collision 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 such as hitting a parking meter, hitting a mailbox and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for short-term medical expenses like pain medications, funeral costs and doctor visits. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Do the work, save more money

We just covered some good ideas how to shop for 2001 Mitsubishi Montero Sport insurance online. It’s most important to understand that the more quotes you get, the better likelihood of getting the cheapest auto insurance. You may even discover the best auto insurance rates are with a smaller regional carrier. Some small companies often have lower premium rates on specific markets than their larger competitors like State Farm, Geico and Nationwide.

As you shop your coverage around, it’s a bad idea to skimp on coverage in order to save money. In many cases, someone dropped physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase plenty of coverage at the best cost while not skimping on critical coverages.

Affordable 2001 Mitsubishi Montero Sport insurance is available both online in addition to many insurance agents, and you need to price shop both to have the best selection. Some insurance providers may not offer the ability to get quotes online and these smaller providers work with local independent agencies.

More tips and info about car insurance is located in these articles:

• Winter Driving (Insurance Information Insitute)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Learn About Car Insurance (Geico)
• Understanding Limits and Deductibles (Allstate)
• What to do at the Scene of an Accident (Insurance Information Insitute)
• Drunk Driving Statistics (Insurance Information Insitute)