How Much Does 2012 Mitsubishi Lancer Sportback Insurance Cost?

When looking for cheaper insurance, do you get confused by the number of car insurance companies that you can choose from? You’re not alone. There are so many companies available that it can easily turn into a difficult challenge to find a more affordable company.

Low cost auto insurance prices

To find the best auto insurance rates, there are several ways to compare rate quotes from auto insurance companies in your area. The quickest method to find affordable 2012 Mitsubishi Lancer Sportback insurance rates is simply to get online rate quotes. It is quite easy and can be accomplished in several different ways.

1. The simplest way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This type of form saves time by eliminating repetitive form entry for every prospective company. One form submission gets rate comparisons from multiple companies. Recommended for those who want to invest the least amount of time.
2. A more difficult way to find more affordable insurance requires a visit to each company’s website and fill out a new quote form. For example, we’ll assume you want to compare Allstate, Geico and Travelers. To get each rate you have to spend time on each company’s site to enter your coverage information, which is why most consumers use the first method.

   To view a list of companies in your area, click here.

3. The old school way to price shop rates is to drive around to insurance agents’ offices. Doing it all online has made agencies unnecessary unless you’re the type of person who wants the trained advice that can only be provided by a licensed insurance agent. Although you can obtain prices from the web and have a local agent actually service the policy.

How you compare quotes is your choice, just ensure you are comparing the exact same quote data with each company. If each company quotes higher or lower deductibles it will be very difficult to truly determine the lowest rate. Just a small difference in insurance coverages could skew the results. And when comparison shopping, obtaining a wide range of quotes helps improve the odds of finding more affordable rates.

Insurance coverage policy discounts you can’t miss

Companies don’t necessarily list all disounts very clearly, so the below list has some of the more common and the more hidden credits that you can use to lower your rates.

• Good Student – Getting good grades can save 20 to 25%. Earning this discount can benefit you until age 25.
• Service Members Pay Less – Being on active deployment in the military could trigger a small discount.
• Government Employees – Federal government employees can earn a discount up to 10% for Lancer Sportback insurance with a few insurance coverage companies.
• Claim-Free Discount – Good drivers with no accidents pay much less when compared with drivers with a long claim history.
• Early Signing – A few insurance coverage companies allow discounts for signing up early. This can save 10% or more.
• Low Miles Discount – Low annual miles can qualify you for slightly better insurance coveragerates than normal.
• Use Seat Belts – Forcing all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
• Multiple Vehicles – Buying coverage for multiple cars with the same company qualifies for this discount.

Discounts lower rates, but many deductions do not apply to your bottom line cost. Most only reduce individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

If you would like to see a list of insurers that can offer you the previously mentioned discounts, click this link.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions might help in determining if your situation may require specific advice.

• Does insurance cover damages from a DUI accident?
• Should I buy more coverage than the required minimum liability coverage?
• Am I covered when pulling a rental trailer?
• How can I get my company to pay me more for my totalled car?
• When would I need additional glass coverage?
• Does my policy cover me when driving someone else’s vehicle?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Components of your Mitsubishi Lancer Sportback insurance costs

One of the most helpful ways to save on insurance coverage is to to have a grasp of some of the factors that go into determining your insurance coverage rates. If you have some idea of what determines base rates, this helps enable you to make changes that may result in much lower annual insurance costs. Lots of factors are used when you get a price on insurance. Most are fairly basic such as your driving record, but some are not quite as obvious such as your credit history or how safe your car is.

The following are a few of the “ingredients” that factor into premiums.

• Better insurance coverage rates with anti-theft devices – Purchasing a vehicle that has a built-in theft deterrent system can get you a discount on your insurance coverage. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
• Job stress can affect prices – Do you have a high-stress occupation? Careers such as doctorsairline pilots and financial analysts have the highest average rates attributed to job stress and lots of time spent away from family. On the other hand, careers such as scientists, engineers and performers pay the least for Lancer Sportback insurance.
• Do safer cars cost less to insure? – Cars with high safety ratings are cheaper to insure. Vehicles built for safety reduce the chance of injuries and fewer injuries translates directly to fewer claims which can mean better rates for you. If your Mitsubishi is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
• Drive fewer miles and save – The higher the mileage driven in a year’s time the higher your rate. A lot of companies calculate rates based upon how you use the vehicle. Vehicles that are left in the garage can be on a lower rate level than those that get driven frequently. It’s a smart idea to ensure your insurance coverage declarations sheet shows the correct usage. Improper usage on your Lancer Sportback is throwing money out the window.
• Teenage vs. experienced drivers – Older insureds are shown to be more cautious, cost insurance companies less in claims , and usually have better credit.Teen drivers are known to be easily distracted behind the wheel so they pay higher insurance coverage rates.
• Avoid tickets and save – Having just one chargable violation may increase your cost by twenty percent. Good drivers pay less for auto insurance than people who have multiple driving citations. Drivers unfortunate enough to have dangerous citations such as reckless driving, hit and run or driving under the influence may find that they have to to prove financial responsibility with their state in order to continue driving.
• Your liability insurance limits – The liability section of your policy is the protection when you are found liable for an accident. It will provide you with a defense in court to defend your case. Liability insurance is pretty cheap compared to comp and collision, so drivers should buy more than the minimum limits required by law.

Insurance coverage specifics

Knowing the specifics of your insurance policy helps when choosing the right coverages for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for bills for things like X-ray expenses, funeral costs and chiropractic care. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability insurance

This protects you from damage or injury you incur to a person or their property in an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability can pay for things such as legal defense fees, emergency aid, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is up to you, but buy as large an amount as possible.

Comprehensive auto coverage

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as vandalism, rock chips in glass, a tree branch falling on your vehicle and hitting a deer. The maximum amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Mitsubishi Lancer Sportback.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Coverage for collisions

This coverage pays for damage to your Lancer Sportback from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like rolling your car, crashing into a ditch, sideswiping another vehicle and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

A penny earned…

Drivers switch companies for many reasons like being labeled a high risk driver, lack of trust in their agent, not issuing a premium refund and even extreme rates for teen drivers. It doesn’t matter why you want to switch finding a great new company is pretty easy and you might even save some money in the process.

When searching for low cost car insurance quotes, do not buy lower coverage limits just to save a few bucks. Too many times, an insured dropped liability coverage limits and learned later that the few dollars in savings costed them thousands. Your strategy should be to purchase plenty of coverage for the lowest cost.

Low-cost 2012 Mitsubishi Lancer Sportback insurance is definitely available online and also from your neighborhood agents, so you need to shop car insurance with both to have the best selection. Some insurance companies do not offer price quotes online and these small insurance companies sell through independent agents.

For more information, link through to the articles below:

• Electronic Stability Control FAQ (iihs.org)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)
• Crash Avoidance Technologies FAQ (iihs.org)
• Understanding your Policy (NAIC.org)
• Side Impact Crash Tests (iihs.org)