2003 Mitsubishi Lancer Evolution Car Insurance Rates – 9 Tips for Best Quotes

Locating the cheapest insurance for a Mitsubishi Lancer Evolution can be a lot of work, but you can use these tips to save time. There is a better way to shop for auto insurance so you’re going to learn the quickest way to price shop coverage for a Mitsubishi and get the lowest possible price from local insurance agents and online providers.

Finding the best rates is quite easy. If you have a policy now or need a new policy, you can follow these tips to get lower rates and possibly find even better coverage. Consumers just need to learn the best way to compare rates online.

How to Get Car Insurance

Shopping for lower car insurance rates can be a lot of work if you don’t utilize the best way to get rate quotes. You could waste time talking to agents in your area, or you could use the internet to achieve your goal.

Many companies belong to an insurance system that allows shoppers to enter their policy data once, and every company returns a rated price. This eliminates the need for repetitive form submissions to every company.

To find out what other companies charge for 2003 Mitsubishi Lancer Evolution insurance click to open in new window.

The single downside to comparing rates this way is you are unable to specify the providers to receive prices from. So if you want to choose specific providers to request quotes from, we have a listing of companies who write car insurance in your area. Click here to view list.

Whichever method you choose, make absolute certain that you use identical coverages for every quote you compare. If you are comparing mixed coverages it’s not possible to determine which rate is truly the best.

Can you really save that much by switching?

Drivers can’t get away from ads that promise big savings by companies like State Farm, Allstate and Geico. All the companies make the same claim that you’ll save big if you move to them.

How can each company say the same thing? This is how they do it.

All the different companies have a preferred profile for the right customer they prefer to insure. For example, a profitable customer might be between the ages of 30 and 50, insures multiple vehicles, and has great credit. A driver who matches those parameters will get very good rates and therefore will pay quite a bit less when switching companies.

Potential customers who don’t meet the “perfect” profile must pay a more expensive rate and this can result in business not being written. The ads say “customers who switch” not “everybody who quotes” save that much money. This is how insurance companies can claim big savings. This illustrates why you need to quote coverage with many companies. It’s not possible to predict which insurance company will have the lowest Mitsubishi Lancer Evolution insurance rates.

Cut your insurance rates with these nine discounts

Companies offering auto insurance do not advertise every discount very clearly, so we break down some of the more common and the more hidden insurance savings. If you’re not getting every credit available, you’re paying more than you need to.

  • Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
  • Save over 55 – Mature drivers may be able to get a discount up to 10% for Lancer Evolution coverage.
  • No Accidents – Drivers who don’t have accidents can earn big discounts when compared to bad drivers.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can receive discounts of 20% or more.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks just for signing your application online.
  • Driver’s Ed – Cut your cost by having your teen driver complete a driver education course in high school.
  • Low Mileage – Driving fewer miles could be rewarded with discounted rates on garaged vehicles.
  • Federal Employees – Being employed by or retired from a federal job can save as much as 8% for Lancer Evolution coverage with select insurance companies.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The good student discount can last up until you turn 25.

It’s important to note that many deductions do not apply to the entire cost. Most only cut specific coverage prices like comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, you’re out of luck.

For a list of providers offering insurance discounts, click here to view.

You are unique and your auto insurance should be too

When choosing the right insurance coverage, there really is not a best way to insure your cars. Each situation is unique.

Here are some questions about coverages that may help highlight whether your personal situation might need professional guidance.

  • Is my dog or cat covered if injured in an accident?
  • When would I need rental car insurance?
  • Does coverage extend to a rental car in a foreign country?
  • What is the ISO rating for a 2003 Mitsubishi Lancer Evolution?
  • Should I put collision coverage on all my vehicles?
  • Is other people’s property covered if stolen from my vehicle?
  • Should I bundle my homeowners policy with my auto?
  • Do I have newly-aquired coverage?
  • Who is covered when they drive my 2003 Mitsubishi Lancer Evolution?
  • Do I need added coverage for expensive stereo equipment?

If you’re not sure about those questions, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Learn about car insurance coverages for a Mitsubishi Lancer Evolution

Having a good grasp of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for immediate expenses for things like pain medications, rehabilitation expenses and hospital visits. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

UM/UIM Coverage

This coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Mitsubishi Lancer Evolution.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision coverage

This coverage pays for damage to your Lancer Evolution resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like scraping a guard rail, driving through your garage door and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, vandalism, theft, rock chips in glass and fire damage. The most your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability

This coverage will cover injuries or damage you cause to people or other property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability can pay for claims such as funeral expenses, court costs and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Be a smart shopper

Lower-priced 2003 Mitsubishi Lancer Evolution insurance can be purchased online as well as from independent agents, and you need to price shop both so you have a total pricing picture. Some insurance providers don’t offer online quoting and many times these small insurance companies only sell through independent insurance agents.

Drivers who switch companies do it for a variety of reasons including policy non-renewal, high rates after DUI convictions, policy cancellation and not issuing a premium refund. Regardless of your reason, finding a new auto insurance company can be less work than you think.

We covered a lot of ways to lower your insurance rates. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. You may even discover the lowest priced auto insurance comes from the smaller companies.

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