2002 Mitsubishi Montero Sport Insurance Quotes – 7 Policy Discounts

Looking for better car insurance rates for your Mitsubishi Montero Sport? Finding better insurance prices for your Mitsubishi Montero Sport can be a lot of work, but you can learn these tips to find lower rates. There are both good and bad ways to shop for car insurance and we’ll show you the best way to get price quotes for a Mitsubishi and find the best price possible either online or from local insurance agents.

Finding auto insurance

Performing a rate comparison can be a daunting task if you don’t know the easiest way. You can waste hours talking to insurance companies in your area, or you can stay home and use the internet to maximize your effort.

Most of the best insurance companies enroll in a system that allows shoppers to only type in their quote data once, and every company then gives them pricing based on the submitted data. This eliminates the need for form submissions for every auto insurance company.

To fill out one form to compare multiple rates now click to open in new window.

One minor caviat to comparing rates this way is you cannot specify the insurers to get pricing from. If you prefer to choose specific insurance companies to compare, we have a listing of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

You can use whichever method you prefer to find lower rates, just ensure you’re using identical quote data for each quote you get. If each company quotes different values for each quote it will be nearly impossible to determine which rate is truly the best.

Take these seven policy discounts and save

Car insurance can be pricey, but you may be missing some discounts that many consumers don’t even know exist. A few discounts will be applied when you complete an application, but some may not be applied and must be specifically requested prior to receiving the credit.

• Discount for Multiple Policies – If you combine your auto and homeowners policies and place coverage with the same company you will save approximately 10% to 15%.
• Discounts for Federal Employees – Being employed by or retired from a federal job could qualify for a slight premium decrease on Montero Sport coverage depending on your car insurance provider.
• Payment Method – By paying your entire bill at once rather than spreading payments over time you can avoid monthly service charges.
• Air Bags and Passive Restraints – Factory air bags or motorized seat belts may get savings of 20 to 30 percent.
• Own a Home and Save – Owning your own home or condo may trigger a policy discount on car insurance since home ownership is proof that your finances are in order.
• Discount for Life Insurance – If the company offers life insurance, you could get lower prices if you buy a life policy as well.
• Discounts for Good Drivers – Drivers who avoid accidents can pay as much as 50% less on Montero Sport coverage than their less cautious counterparts.

You should keep in mind that most credits do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy. But all discounts will help lower your policy premiums.

To view providers that offer some of these discounts, click here.

Which policy gives me the best coverage?

When it comes to buying the right insurance coverage for your personal vehicles, there is no one size fits all plan. Every insured’s situation is different.

For example, these questions can aid in determining if you would benefit from professional advice.

• Can I afford to buy a different vehicle if my 2002 Mitsubishi Montero Sport is totaled?
• Does my insurance cover a custom paint job?
• What if I total my 2002 Mitsubishi Montero Sport and owe more than it’s worth?
• At what point should I drop full coverage?
• If my pet gets injured in an accident are they covered?
• Is rental equipment covered for theft or damage?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can help protect your family.

Be skeptical of auto insurance ads

Consumers get pounded daily by advertisements that promise big savings for switching from the likes of State Farm, Geico and Progressive. All the ads make an identical promise that drivers can save some big amount if you switch to them.

How does every auto insurance company charge lower premium rates? You have to listen carefully.

Different companies are able to cherry pick for the type of driver that makes them money. A good example of a profitable insured should be over the age of 45, has a clean driving record, and drives a safe vehicle. Anyone that matches those criteria will probably get the lowest prices and as a result will probably save quite a bit of money when switching.

Consumers who do not meet the requirements must pay higher prices and ends up with business not being written. If you listen to the ad wording, they say “drivers who switch” not “everybody who quotes” save the amount stated. This is how companies can truthfully claim big savings. This really illustrates why you really should compare rate quotes every year. It’s just too difficult to predict which insurance companies will have the best prices for your profile.

Specifics of your insurance policy

Knowing the specifics of your policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Collision – Collision coverage pays for damage to your Montero Sport resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sideswiping another vehicle, backing into a parked car, hitting a parking meter and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Auto liability – Liability coverage provides protection from damage that occurs to people or other property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as loss of income, emergency aid and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as damage from getting keyed, theft, hitting a deer, a tree branch falling on your vehicle and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Insurance for medical payments – Med pay and PIP coverage pay for short-term medical expenses such as doctor visits, EMT expenses and ambulance fees. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – 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 and damage to your Mitsubishi Montero Sport.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Power to the consumer

Cheaper 2002 Mitsubishi Montero Sport insurance is definitely available from both online companies as well as from insurance agents, so get free insurance coverage quotes from both of them in order to have the best price selection to choose from. Some insurance companies do not provide internet price quotes and usually these small, regional companies work with local independent agents.

We just showed you many ways to compare 2002 Mitsubishi Montero Sport insurance car insurance rates online. The key concept to understand is the more you quote insurance coverage, the better likelihood of getting cheaper insurance coverage. You may even discover the most savings is with the least-expected company.

People who switch companies do it for many reasons like extreme rates for teen drivers, questionable increases in premium, delays in paying claims or policy cancellation. It doesn’t matter why you want to switch choosing a new company is pretty easy and you might even save some money in the process.

For more information, feel free to visit these articles:

• Medical Payments Coverage (Liberty Mutual)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Booster Seat Ratings (iihs.org)
• Understanding Your Insurance Deductible (Insurance Information Insitute)