Cheap 2004 Mitsubishi Eclipse Spyder Car Insurance Quotes

Locating cheaper insurance for a Mitsubishi Eclipse Spyder could be a lot of work, but you can learn these tips to find lower rates. There are more efficient ways to shop for insurance so you’re going to learn the quickest way to quote coverages for a Mitsubishi and obtain the best price possible from both online companies and local agents.

If you are insured now or are shopping for new coverage, you can use this information to cut your premiums and still get good coverage. Shopping for the best protection can be fairly easy. Consumers just need to understand how to compare price quotes online.

Discount car insurance quotes

Companies offering auto insurance don’t list the complete list of policy discounts in an easy-to-find place, so we took the time to find a few of the more common as well as the least known discounts that you may qualify for. If they aren’t giving you every credit possible, you are throwing money away.

• First Accident Forgiveness – Not necessarily a discount, but a handful of insurance companies allow you one accident without the usual rate increase so long as you haven’t had any claims for a set time period.
• Discount for Life Insurance – Insurance companies who offer life insurance give a break if you buy some life insurance in addition to your auto policy.
• Telematics Devices – Insureds who allow companies to monitor driving manner by using a telematics device in their vehicle such as Progressive’s Snapshot might get better premium rates if they exhibit good driving behavior.
• Discount for Multiple Policies – When you have multiple policies with the same company you may earn approximately 10% to 15%.
• Anti-lock Brake System – Cars, trucks, and SUVs that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
• Paper-free Discount – A few car insurance companies give back up to $50 simply for signing on their website.
• Discount for New Cars – Insuring a new car may earn a small discount since newer models are generally safer.
• Membership in Organizations – Being a member of a civic or occupational organization is a simple method to lower premiums when shopping for car insurance.
• Low Miles Discount – Driving fewer miles could be rewarded with discounted car insurancerates on garaged vehicles.
• 55 and Retired – If you’re over the age of 55, you can possibly qualify for lower premium rates for Eclipse Spyder coverage.

A little disclaimer on discounts, most discount credits are not given to the overall cost of the policy. Some only reduce specific coverage prices like comprehensive or collision. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way.

A few popular companies and a summarized list of policyholder discounts are included below.

• State Farm has savings for accident-free, defensive driving training, passive restraint, multiple autos, driver’s education, Steer Clear safe driver discount, and Drive Safe & Save.
• Farmers Insurance policyholders can earn discounts including distant student, teen driver, early shopping, business and professional, and good student.
• Geico offers discounts including air bags, seat belt use, multi-vehicle, anti-theft, membership and employees, and anti-lock brakes.
• American Family offers discounts for Steer into Savings, accident-free, early bird, TimeAway discount, and mySafetyValet.
• Nationwide offers premium reductions for multi-policy, Farm Bureau membership, anti-theft, defensive driving, family plan, and business or organization.
• Progressive may include discounts for online signing, good student, multi-vehicle, multi-policy, continuous coverage, and homeowner.

If you need lower rates, check with every prospective company to apply every possible discount. Some of the discounts discussed earlier may not be available everywhere. To see a list of insurance companies that have a full spectrum of discounts, click this link.

How insurance providers calculate Mitsubishi Eclipse Spyder insurance prices

Lots of things are part of the equation when you quote your car insurance policy. A few of the factors are predictable such as your driving history, although others are less obvious such as your marital status or your financial responsibility.

• Insurance prices and driver gender – Statistics show women are more cautious behind the wheel. This data doesn’t prove that women are BETTER drivers than men. Females and males cause at-fault accidents in similar percentages, but guys get into accidents with more damage. In addition to higher claims, males also get more serious tickets like DWI (DUI) or reckless driving.
• Do you need those extra coverages? – There are many add-on coverages that may not really be needed when buying insurance. Coverages like roadside assistance, high-cost glass coverage, and extra equipment coverage could be just wasting money. These coverages may sound good initially, but if you have no use for them remove them from your policy.
• Youthful drivers pay high premiums – Youthful drivers are statistically shown to be careless and easily distracted in a vehicle so insurance rates are higher. If you’ve ever had to add a young driver onto a policy can cause a big jump in price. Older drivers tend to be more responsible, file fewer claims .
• Save money with higher deductibles – Your deductibles state the amount of money you are required to pay before your insurance pays a claim. Physical damage protection, aka comp and collision, insures against damage to your car. Some examples of claims that would be covered are rearending another vehicle, fire damage, and having a roll-over accident. The more you’re willing to pay, the lower your rates will be for Eclipse Spyder coverage.
• Liability coverage – The liability coverage on your policy will afford coverage in the event that you are found to be at fault for causing personal injury or damage in an accident. Liability provides you with a defense in court which can cost a lot. This coverage is relatively inexpensive compared to comp and collision, so drivers should carry high limits.

Tailor your insurance coverage coverage to you

When choosing adequate coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that could help you determine if your situation would benefit from an agent’s advice.

• Do I need added coverage for expensive stereo equipment?
• Should I carry comprehensive and collision coverage?
• Does my medical payments coverage pay my health insurance deductible?
• Am I getting all the discounts available?
• How do I file an SR-22 for a DUI in my state?
• Does coverage extend to my business vehicle?
• Are all vehicle passengers covered by medical payments coverage?
• Who is covered when they drive my 2004 Mitsubishi Eclipse Spyder?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form. It only takes a few minutes and may give you better protection.

Auto insurance companies are expert advertisers

Consumers get pounded daily by advertisements that promise big savings from the likes of State Farm, Allstate and Geico. All the companies try to convey promises about savings if you just switch your policy.

But how can every company make almost identical claims? It’s all in the numbers.

Auto insurance companies require specific criteria for the right customer that will add to their bottom line. For example, a desirable insured may need to be over age 30, has no driving citations, and drives less than 5,000 miles a year. Any new insured who fits those characteristics is entitled to the best price and as a result will probably cut their rates substantially.

Drivers who don’t measure up to this ideal profile must pay a higher rate and this can result in the customer buying from someone else. If you pay close attention to the ads, they say “drivers who switch” but not “everyone who gets a quote” save the amount stated. That is how insurance companies can make the claims of big savings. Because of this risk profiling, you really should get insurance coverage quotes from several different companies. Because without a comparison, you cannot know the company that will provide the lowest car insurance rates.

Insurance coverage breakdown

Understanding the coverages of insurance can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like dental work, pain medications, hospital visits and nursing services. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Mitsubishi Eclipse Spyder.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Collision protection

Collision insurance will pay to fix damage to your Eclipse Spyder resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like scraping a guard rail, sideswiping another vehicle, hitting a mailbox, crashing into a building and backing into a parked car. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, hail damage, damage from flooding, damage from getting keyed and vandalism. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability coverage

Liability coverage will cover injuries or damage you cause to other people or property in an accident. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

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. Your policy might show limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage protects against claims like bail bonds, emergency aid and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Buy Smart and Save

When trying to cut insurance costs, you should never reduce coverage to reduce premium. There have been many cases where someone sacrificed uninsured motorist or liability limits and discovered at claim time that it was a big mistake. The ultimate goal is to get the best coverage possible at the best possible price while still protecting your assets.

Consumers change insurance companies for many reasons like delays in paying claims, denial of a claim, lack of trust in their agent and being labeled a high risk driver. Regardless of your reason for switching companies, choosing a new insurance company can be pretty painless.

We’ve covered a lot of information how to reduce 2004 Mitsubishi Eclipse Spyder insurance premium rates online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even discover the biggest savings come from a smaller regional carrier.

Additional detailed information is available by following these links:

• Prom Night Tips for Teen Drivers (State Farm)
• Vehicle Insurance (Wikipedia)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Young Drivers: The High Risk Years Video (iihs.org)