2011 Mitsubishi Lancer Car Insurance Rates

Searching for better car insurance rates for your Mitsubishi Lancer? Shopping for the most affordable car insurance can seem to be rather difficult for consumers who are beginners to quoting and price shopping on the web. With such a big selection of agents and online companies available, how are we expected to have the ability to compare each option to find lower car insurance premiums?

If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using this information. The purpose of this article is to help you learn how to get online quotes and some money-saving tips. Nevertheless, vehicle owners must understand the methods companies use to market insurance on the web and take advantage of how the system works.

Get lower rates with these discounts

Car insurance companies don’t always advertise the entire discount list very clearly, so the following is a list of both the well known and also the lesser-known ways to save on insurance.

• Buy New and Save – Buying a new car model can save up to 30% because new vehicles keep occupants safer.
• Military Discounts – Having a deployed family member may qualify for rate reductions.
• Defensive Driver – Taking a driver safety course could cut 5% off your bill if your company offers it.
• Discount for Multiple Policies – If you have multiple policies with the same company you could save nearly 15% which can help you find the cheapest car insurance.
• First Accident Forgiveness – Not necessarily a discount, but some insurance companies will forgive one accident without raising rates with the catch being you have to be claim-free for a certain period of time.
• Life Insurance Discount – If the company offers life insurance, you could get a discount if you purchase some life insurance too.
• Online Discount – A few insurance companies may give you up to $50 shop car insurance digitally online.
• Switch and Save Discount – Some insurance companies provide a discount for renewing your policy before your current expiration date. You may see this discount when you get car insurance quotes online.

As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Most cut the price of certain insurance coverages like medical payments or collision. So even though it sounds like all those discounts means the company will pay you, nobody gets a free ride.

The best insurance companies and some of their more popular discounts include:

• State Farm may have discounts that include driver’s education, Steer Clear safe driver discount, good driver, passive restraint, and multiple policy.
• Nationwide discounts include easy pay, multi-policy, family plan, accident-free, good student, Farm Bureau membership, and defensive driving.
• Geico includes discounts for air bags, good student, multi-vehicle, seat belt use, daytime running lights, and anti-lock brakes.
• AAA has savings for multi-car, education and occupation, good driver, anti-theft, and multi-policy.
• 21st Century may offer discounts for automatic seat belts, good student, driver training, student driver, and homeowners.
• The Hartford offers discounts including vehicle fuel type, anti-theft, defensive driver, air bag, and driver training.

If you are trying to find the cheapest car insurance quotes, ask all companies you are considering to give you their best rates. Some of the discounts discussed earlier may not apply to policies in your area. If you would like to see a list of providers offering insurance discounts, follow this link.

Car insurance can be complex

When it comes to buying the right insurance coverage for your vehicles, there is no “perfect” insurance plan. Every insured’s situation is different.

These are some specific questions might help in determining if your insurance needs could use an agent’s help.

• Is my teenager covered with friends in the car?
• Should I get collision insurance on every vehicle?
• Am I covered when using my vehicle for business?
• How high should my uninsured/underinsured coverage be in my state?
• Is my dog or cat covered if injured in an accident?
• When can I cancel my policy?
• Does my policy cover my teen driver if they drive my company car?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Are you falling for claims of savings?

Insurance coverage companies such as Allstate, Geico and Progressive seem to constantly run ads on television and other media. They all seem to say the same thing that drivers will save a bundle if you change your coverage to them. How does every insurance coverage company give you a better price? It’s all in how they say it.

Many companies have underwriting criteria for the right customer that makes them money. For example, this type of driver might be described as over the age of 35, insures multiple vehicles, and drives a lower-performance vehicle. Someone that hits that “sweet spot” is entitled to the best price and have a good chance to cut their rates if they switch.

People who don’t qualify for these criteria will see higher rates which usually ends up with the customer not purchasing. The wording the ads use say “customers that switch” but not “all drivers who get quotes” will save that much if they switch. That’s the way companies can truthfully claim big savings. This emphasizes why it’s extremely important to compare rate quotes every year. It is just not possible to predict with any certainty which company will fit you best based on your risk profile.

What auto insurance coverages do you need?

Learning about specific coverages of your policy can be of help when determining which coverages you need for your vehicles. Auto insurance terms can be difficult to understand and coverage can change by endorsement.

Liability

This protects you from damage that occurs to a person or their property. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for claims like pain and suffering, repair costs for stationary objects, legal defense fees and funeral expenses. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.

Collision coverage

Collision insurance covers damage to your Lancer from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as colliding with another moving vehicle, crashing into a building, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

UM/UIM Coverage

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses such as surgery, X-ray expenses, prosthetic devices, rehabilitation expenses and EMT expenses. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

This coverage pays for 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 can pay for things such as damage from a tornado or hurricane, vandalism, theft and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

In conclusion

We just presented a lot of tips how to save on 2011 Mitsubishi Lancer insurance. The most important thing to understand is the more you quote car insurance, the better chance you’ll have of finding the cheapest car insurance. Consumers may even find the best premium rates are with some of the smallest insurance companies.

Consumers change insurance companies for a number of reasons such as questionable increases in premium, delays in paying claims, unfair underwriting practices or even high rates after DUI convictions. Regardless of your reason, choosing a new company is pretty easy and you might even save some money in the process.

Cheap 2011 Mitsubishi Lancer insurance is available on the web as well as from independent agents, so you should compare both so you have a total pricing picture. Some insurance companies don’t offer online price quotes and usually these small insurance companies prefer to sell through independent agencies.

Other learning opportunities

• Parking Tips to Reduce Door Dings (State Farm)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Avoiding Deer Collisions (Insurance Information Insitute)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)