Save on 2004 Mitsubishi Galant Car Insurance Rates

Are you a victim of an overpriced auto insurance policy? Trust us, you are not the only one feeling buyer’s remorse.

Drivers have multiple insurers to purchase coverage from, and although it’s a good thing to have multiple companies, it can be more difficult to locate the cheapest rates.

Consumers should take time to get comparison quotes at least once a year due to the fact that insurance rates trend upward over time. If you had the best price on Galant coverage a couple years back other companies may now be cheaper. Starting right now, forget all the misinformation about auto insurance because you’re going to learn how to use the internet to remove unneeded coverages and save money.

Pricing affordable coverage is quite easy. Basically, every driver who carries insurance will most likely be able to save money. Nevertheless, car owners benefit from understanding the way insurance companies price online insurance and use this information to your advantage.

Cut your insurance rates with discounts

The price of auto insurance can be rather high, but there could be available discounts to cut the cost considerably. Some trigger automatically when you quote, but a few need to be specifically requested before you get the savings.

  • Use Seat Belts – Requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
  • Federal Employees – Active or retired federal employment can save as much as 8% on Galant coverage with select insurance companies.
  • Homeowners Savings – Owning a house may trigger a insurance policy discount because owning a home requires personal responsibility.
  • Save with a New Car – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
  • Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last up to age 25.

Consumers should know that most discount credits are not given to the entire cost. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, insurance companies aren’t that generous. Any qualifying discounts will cut your overall premium however.

To see a list of providers with discount insurance rates, follow this link.

How to Compare Auto Insurance

There are several ways to compare rate quotes from local auto insurance companies. The best method to find the lowest 2004 Mitsubishi Galant rates is simply to get online rate quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The easiest and least time consuming way to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This method keeps you from doing separate quotes for each company you want a rate for. In just a few minutes this one form compares rates from all major companies.

Another way to compare prices is to take the time to go to the website for each individual company and request a quote. For instance, let’s say you want rates from Liberty Mutual, Farmers and GMAC. To get each rate you have to take the time to go to each site to input your insurance information, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

The hardest way to get comparison rates is to spend your day driving to different agent offices. Shopping for auto insurance online can eliminate the need for a local agent unless you have a need for the professional guidance that only a license agent can provide. You can, however, price shop online and get advice from an agent in your area. We’ll cover that shortly.

Whichever way you use, make absolute certain that you use exactly the same deductibles and coverage limits on every quote. If you are comparing higher or lower deductibles you can’t possibly decipher which rate is best. Slightly different insurance coverages may cause a big price difference. Keep in mind that getting more free quotes will increase your chances of finding the best rates.

Mitsubishi Galant insurance rates are influenced by…

Consumers need to have an understanding of the factors that go into determining the price you pay for insurance. Having a good understanding of what controls the rates you pay allows you to make educated decisions that will entitle you to lower insurance prices.

  • Don’t sacrifice liability coverage – Your policy’s liability coverage will protect you in the event that a jury decides you are liable for damages from an accident. It provides legal defense coverage up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Having a spouse can save you money – Being married can actually save you money when buying insurance. It is viewed as being more mature and responsible and it’s statistically proven that married couples file fewer claims.
  • Don’t let your coverage lapse – Letting your insurance expire will be a sure-fire way to bump up your insurance costs. Not only will rates go up, getting caught without coverage might get you a hefty fine and possibly a revoked license.
  • Your location is important – Choosing to live in a small town has it’s advantages when buying insurance. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims. Drivers in populated areas tend to have congested traffic and a longer drive to work. Longer commute distances means higher likelihood of an accident.
  • Better crash test results mean better rates – Vehicles with high crash test scores are cheaper to insure. These vehicles have better occupant injury protection and any reduction in injury severity means lower claim amounts and thus lower rates. If your Mitsubishi scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Add-on coverages can add up – There are many add-on coverages you can purchase on your insurance policy. Insurance for roadside assistance, better glass coverage and motor club memberships are some examples. They may seem good when you first buy your policy, but if you don’t need them eliminate the coverages to reduce your premium.

You are unique and your insurance coverage should be too

When buying coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might help in determining whether you would benefit from an agent’s advice.

  • Does my 2004 Mitsubishi Galant need full coverage?
  • Does my insurance cover my expensive audio equipment?
  • Does my car insurance cover rental cars?
  • Do all my vehicles need collision coverage?
  • I have a DUI can I still get coverage?
  • Is upholstery damage covered by car insurance?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • When would I need rental car insurance?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance coverage companies in your area.

Auto insurance coverages and their meanings

Having a good grasp of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are typical coverage types offered by auto insurance companies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists 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 Galant.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like dental work, rehabilitation expenses, EMT expenses and nursing services. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision coverage pays for damage to your Galant resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a ditch, driving through your garage door, backing into a parked car and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Liability

This will cover damage or injury you incur to people or other property. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like pain and suffering, emergency aid and bail bonds. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

Comprehensive or Other Than Collision

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

Comprehensive coverage pays for claims like damage from flooding, hitting a bird, a broken windshield and rock chips in glass. The most your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Better coverage you can count on

We just covered some good ideas how to lower your 2004 Mitsubishi Galant insurance rates. The most important thing to understand is the more you quote, the better your chances of lowering your rates. You may even find the lowest priced car insurance comes from a lesser-known regional company. They often have lower prices on specific markets as compared to the big name companies such as Allstate and Progressive.

Cheap insurance can be purchased from both online companies and also from your neighborhood agents, and you should be comparing both to have the best selection. Some car insurance companies may not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

More tips and info about car insurance is available by following these links: