Save on 1998 Mitsubishi Eclipse Spyder Car Insurance Rates

Searching for the cheapest car insurance rates for your Mitsubishi Eclipse Spyder? Comparison shopping for car insurance is always a challenge for consumers new to shopping for insurance online. People have so many options that it can quickly become a real hassle to find lower rates.

Buying car insurance is easy if you know what you’re doing. Essentially anyone who buys insurance coverage will be able to cut their insurance bill. But drivers should learn how big insurance companies price insurance differently and take advantage of how the system works.

Best discounts on 1998 Mitsubishi Eclipse Spyder coverage

Companies don’t always list every available discount very clearly, so we researched both the well known and the harder-to-find car insurance savings.

Low Mileage – Driving fewer miles could qualify for a substantially lower rate.
Theft Prevention Discount – Cars that have factory anti-theft systems help deter theft and earn discounts up to 10%.
Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
Good Student – This discount can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
Homeowners Savings – Being a homeowner may earn you a small savings due to the fact that maintaining a home shows financial diligence.
Service Members Pay Less – Being on active duty in the military could mean lower rates.
Auto/Life Discount – Companies who offer life insurance give better rates if you take out a life insurance policy as well.

A little note about advertised discounts, some of the credits will not apply to the entire cost. Most only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like all the discounts add up to a free policy, car insurance companies aren’t that generous.

For a list of companies with the best car insurance discounts, click here.

What determines your Mitsubishi Eclipse Spyder insurance premium

Consumers need to have an understanding of the rating factors that play a part in calculating the rates you pay for insurance coverage. When you know what positively or negatively influences your rates enables informed choices that will entitle you to better insurance coverage rates.

Pleasure use saves money – Driving more miles in a year the more you will pay for insurance coverage. Most companies rate vehicles based on how the vehicle is used. Autos used primarily for pleasure use receive lower rates than those used for commuting. If your policy improperly rates your Eclipse Spyder can cost quite a bit. Double check that your insurance coverage coverage is showing the proper vehicle usage, because improper ratings can cost you money.
Add-on coverages can add up – There are quite a few extra bells and whistles that can waste your money when buying insurance coverage. Insurance for personal injury protection, accident forgiveness and membership fees are examples of these. They may seem good when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
Bump up deductibles to save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Mitsubishi from damage. Examples of covered claims are a windshield shattered by a rock, vandalism, and burglary. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount you’re willing to pay, the bigger discount you will receive on Eclipse Spyder coverage.
Marriage brings a discount – Getting married helps lower the price on your insurance coverage policy. Having a spouse translates into being more mature than a single person and it’s statistically proven that being married results in fewer claims.
Tickets mean higher rates – Whether or not you get tickets has a lot to do with how much you pay for insurance. Only having one moving violation can boost insurance rates by twenty percent. Careful drivers get better rates than people who have multiple driving citations. Drivers with severe tickets like reckless driving, hit and run or driving under the influence are required to file a SR-22 with their state DMV in order to drive a vehicle legally.
Better crash test results mean better rates – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles reduce injuries and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Mitsubishi is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
You might want pay the small claims yourself – Companies award discounts to insureds who do not file claims often. If you are a frequent claim filer, you can pretty much guarantee either higher rates or even cancellation. Auto insurance is intended to be relied upon for the large, substantial claims.
Don’t let your coverage lapse – Driving without insurance is illegal and you will pay a penalty because you let your coverage have a gap. Not only will rates go up, but not being able to provide proof of insurance might get you a hefty fine and possibly a revoked license.Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is unique.

These are some specific questions may help highlight whether you could use an agent’s help.

Is upholstery damage covered by car insurance?
If I drive on a suspended license am I covered?
Am I covered if I drive in a foreign country?
Do I benefit by insuring my home with the same company?
Does insurance cover damages from a DUI accident?
What is no-fault insurance?
When can my company non-renew my policy?
Is pleasure use cheaper than using my 1998 Mitsubishi Eclipse Spyder to commute?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form.

Save $455 a year. For real?

Allstate, Geico and Progressive consistently run ads on television and other media. All the companies say the same thing that you can save if you change your coverage to them. How does each company make the same claim?

All companies have a certain “appetite” for the driver they prefer to insure. For instance, a driver they prefer could possibly be a mature driver, owns a home, and has a high credit rating. Any driver who matches those parameters will qualify for the lowest rates and as a result will probably save when switching.

Drivers who don’t measure up to this ideal profile will be quoted a higher premium which leads to the customer not buying. The ads state “customers who switch” not “everybody who quotes” save that much. That’s the way insurance companies can claim big savings. This emphasizes why it’s extremely important to get a wide range of price quotes. It is impossible to predict which insurance companies will have the lowest Mitsubishi Eclipse Spyder insurance rates.

Information about specific coverages

Learning about specific coverages of your policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mitsubishi Eclipse Spyder.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for bills such as pain medications, doctor visits, funeral costs and prosthetic devices. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability coverage

Liability coverage provides protection from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as pain and suffering, loss of income and bail bonds. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sideswiping another vehicle, rolling your car, hitting a parking meter, backing into a parked car and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Comprehensive coverage

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

Comprehensive coverage protects against things like fire damage, falling objects and hitting a deer. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Shop smart and save

Affordable 1998 Mitsubishi Eclipse Spyder insurance can be bought on the web and also from your neighborhood agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies may not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

People leave their current company for many reasons like being labeled a high risk driver, unfair underwriting practices, policy non-renewal and even denial of a claim. Whatever your reason, finding a great new company is pretty easy and you might even save some money in the process.

When buying insurance coverage, it’s a bad idea to buy poor coverage just to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits and learned later that they should have had better coverage. The aim is to buy enough coverage for the lowest price, not the least amount of coverage.