Save on 2010 Mitsubishi Galant Insurance Rates

Searching for cheaper auto insurance rates for your Mitsubishi Galant? I can’t think of a single person who enjoys paying for auto insurance, especially when they know the prices are way too high.

Because you have many choices, it is very difficult to choose the most affordable insurance company.

It’s important to get comparison quotes as often as possible because auto insurance prices change regularly. Even if you think you had the best rates for Galant insurance two years ago you can probably find a better premium rate now. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to one of the best ways to buy cheaper auto insurance.

Compare free auto insurance rate quotes

All major auto insurance companies like Progressive, Allstate and Geico provide prices for coverage directly from their websites. Getting online quotes is pretty painless because you just enter the coverage amounts you desire into a form. Behind the scenes, their system orders reports for credit and driving violations and returns a price quote based on the data you entered. Being able to quote online makes it easy to compare insurance prices but the time it takes to visit several different sites and type in the same information is repetitive and time-consuming. But it’s absolutely necessary to have as many quotes as possible if you are searching for the best price on auto insurance.

An easier way to find cheaper rates uses one form to get prices from several companies at one time. It’s a real time-saver, requires less work, and makes quoting online a little more enjoyable. As soon as you send your information, your coverage is rated and you are able to buy your choice of the quote results.

If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. The entire process can be completed in a matter of minutes and you will know how your current rates stack up.

To use this form to compare rates, simply click here to open in new window and input your coverage information. If you currently have coverage, we recommend you duplicate your coverages exactly as shown on your declarations page. Using the same limits helps guarantee you will get rate quotes based on the exact same insurance coverage.

Save $461 a year. For real?

Companies like Progressive, Allstate and Geico consistently run television, radio, and online ads. All the ads tend to make the same promise that people will save after switching your policy. How can each company claim to save you money? Here is the trick they use.

Many companies have specific characteristics for the type of driver that will add to their bottom line. For instance, this type of driver might have to be over the age of 45, has a clear driving record, and insures a new vehicle. Any driver who meets those qualifications will get the preferred car insurance rates and will save a lot if they switch.

Drivers who do not meet the requirements will be quoted a higher rate and ends up with the customer not buying. If you pay close attention to the ads, they say “customers that switch” but not “everyone who gets a quote” save money. That’s why companies can truthfully make the claims of big savings.

Because of this risk profiling, you really should get auto insurance quotes from several different companies. It is impossible to guess the company that will provide you with the cheapest premium rates.

Get cheap insurance costs by understanding these factors

The best way to find cheaper insurance coverage is to take a look at some of the factors that aid in calculating the price you pay for insurance coverage. When you understand what determines base rates, this enables informed choices that may reward you with lower insurance coverage prices. Many factors are part of the equation when quoting car insurance. Some are pretty understandable like an MVR report, but others are less apparent like where you live or how safe your car is.

The itemized list below are a few of the things utilized by car insurance companies to help set your rates.

• Raising comp and collision deductibles lowers premiums – Insurance for physical damage, aka comp and collision, is used to repair damage to your Mitsubishi. Some instances where coverage would apply could be collision with another vehicle, vandalism, and damage from a fallen tree branch. Physical damage deductibles are the amount of money you are willing to pay if a covered claim is submitted. The more money you have to pay, the lower your rates will be for Galant insurance.
• Five star IIHS safety rating saves money – Cars with five star safety ratings are cheaper to insure. Vehicles built for safety result in less severe injuries and lower injury rates means less money paid by your insurance company and lower rates for you. If your Mitsubishi earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
• Extra policy coverages are wasting money – Insurance policies have a lot of extra coverages that sound like a good idea at the time if you don’t pay attention. Add-on coverages like rental car reimbursement, death and dismemberment, and term life insurance are probably not needed. These coverages may sound good when deciding what coverages you need, but if you’ve never needed them in the past get rid of them and save.
• Too many claims and you’ll pay more – If you file claims often, you can look forward to higher rates. Auto insurance companies award lower rates to insureds who only file infrequent claims. Insurance coverage is meant to be used in the event of the large, substantial claims.
• Pleasure use saves money – The higher the miles on your Mitsubishi in a year the more it will cost to insure it. Most insurance companies calculate rates based upon how you use the vehicle. Autos not used for work or commuting receive lower rates compared to those used for work or business. It’s a good idea to make sure your insurance coverage policy states the correct usage for each vehicle. Having the wrong rating on your Galant is throwing money out the window.
• A coverage lapse can increase premiums – Having a gap between insurance policy dates is a quick way to increase your insurance coverage rates. In addition to paying higher premiums, not being able to provide proof of insurance may result in a steep fine or even jail time.
• See if your company offers a multi-policy discount – Lots of insurers allow better rates to clients who buy several policies from them in the form of a multi-policy discount. The discount can be ten or even up to twenty percent in some cases. If you currently are using one company, drivers will still want to get quotes from other companies to help guarantee you have the best rates.
• Deter car thieves – Driving a car with a theft deterrent system can help bring down rates. Theft prevention devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent vehicle theft.

Cheap auto insurance quotes with discounts

Insuring your vehicles can cost a lot, but you may qualify for discounts that can drop the cost substantially. Some of these disounts will be visible when you quote, but some must be specifically requested before being credited.

• Good Student Discount – Excelling in school can be rewarded with saving of up to 25%. Many companies even apply the discount to college students until age 25.
• Own a Home and Save – Owning your own home or condo can help you save on auto insurance because maintaining a house shows financial diligence.
• Driver Education Discount – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class as it will make them better drivers and lower rates.
• Senior Citizen Discount – If you qualify as a senior citizen, you could receive a small discount on rates for Galant insurance.
• Anti-lock Brake Discount – Cars with ABS and/or traction control can avoid accidents and earn discounts up to 10%.
• Drive Less and Save – Driving less could be rewarded with slightly better premium rates than normal.
• Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a lower price if you buy life insurance from them.

Drivers should understand that most discount credits are not given to the entire policy premium. Most cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, nobody gets a free ride.

Some companies that have many of the previously listed discounts are:

• Progressive
• AAA
• Farmers Insurance
• Geico
• Esurance
• SAFECO
• State Farm

Before you buy a policy, ask each insurance company which discounts they offer. Discounts might not be offered in your area.

Tailor your insurance coverage to you

When buying adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Every situation is different and your policy should reflect that. For example, these questions can aid in determining if you would benefit from professional advice.

• What is an SR-22 filing?
• Which is better, split liability limits or combined limits?
• Does my 2010 Mitsubishi Galant need full coverage?
• Do I benefit by insuring my home with the same company?
• Should I waive the damage coverage when renting a car?
• Should I get collision insurance on every vehicle?
• Do I have coverage for damage caused while driving under the influence?
• Can I still get insurance after a DUI?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Car insurance coverage information

Knowing the specifics of your insurance policy aids in choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverage types found on most insurance policies.

Auto collision coverage

Collision coverage pays for damage to your Galant resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like crashing into a ditch, hitting a mailbox and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Liability insurance

This protects you from damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things such as pain and suffering, loss of income, funeral expenses, court costs and attorney fees. How much coverage you buy is up to you, but buy as much as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for ambulance fees, chiropractic care and EMT expenses. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, rock chips in glass and damage from flooding. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Mitsubishi Galant.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Take this to the bank

You just learned a lot of tips how to lower your 2010 Mitsubishi Galant insurance premium rates. The key thing to remember is the more you quote auto insurance, the better likelihood of getting cheap auto insurance. You may be surprised to find that the lowest premium rates are with the least-expected company. Smaller companies may have significantly lower prices on certain market segments as compared to the big name companies such as Allstate or State Farm.

As you shop your coverage around, it’s not a good idea to sacrifice coverage to reduce premiums. In many cases, drivers have reduced collision coverage only to find out that the few dollars in savings costed them thousands. Your goal is to buy enough coverage for the lowest cost while still protecting your assets.

For more information, feel free to visit the articles below:

• Understanding Your Insurance Deductible (Insurance Information Insitute)
• Auto Insurance Learning Center (State Farm)
• Auto Crash Statistics (Insurance Information Insitute)
• Five Mistakes to Avoid (Insurance Information Insitute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)