Cheaper 2017 Mitsubishi Lancer Insurance Quotes

Want better auto insurance rates for your Mitsubishi Lancer? Being forced to pay for overpriced auto insurance premiums can dwindle your personal savings and force you to prioritize other expenses. Because there are so many auto insurance companies to choose from, it is hard for the average consumer to find the cheapest company.

It’s important to shop coverage around quite often since prices fluctuate regularly. Even if you think you had the lowest rates for Lancer coverage on your last policy you can probably find a better rate quote now. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the right way to find great coverage at a great price.

The purpose of this article is to instruct you on the best way to quote coverages and some money-saving tips. If you are paying for car insurance now, you will be able to cut costs considerably using these techniques. Drivers only need an understanding of the most effective way to buy insurance over the internet.

How your Lancer insurance costs are determined

Many factors are taken into consideration when premium rates are determined. A few of the factors are predictable such as your driving history, but other criteria are less apparent such as whether you are married or how financially stable you are.

Listed below are some of the items used by insurance companies to determine your premiums.

  • Responsible drivers have lower rates – Having a clean driving record can have a huge impact on auto insurance premiums. Even one driving citation can increase the cost of insurance by as much as thirty percent. Attentive drivers tend to pay less for car insurance as compared to careless drivers. Drivers who have received multiple citations like DUI or reckless driving may be required to file a SR-22 with their state’s licensing department in order to legally drive.
  • Never let your insurance coverage lapse – Letting your insurance expire can be a fast way to increase your rates. And not only will your rates increase, failure to provide proof of insurance could result in a hefty fine and possibly a revoked license.
  • Be proud to be claim-free – Car insurance companies award most affordable rates to drivers that do not abuse their auto insurance. If you frequently file small claims, you can pretty much guarantee increased rates or even have your policy non-renewed. Insurance coverage is designed for the large, substantial claims.
  • Extra coverages that aren’t used – There are a ton of extra add-on coverages that can add up on your Lancer policy. Add-on coverages like coverage for rental cars, better glass coverage, and membership fees may not be needed and are just wasting money. These may sound like a good investment when buying your policy, but if you’ve never needed them in the past remove them from your policy.
  • Safer cars cost less to insure – Safe vehicles get lower rates. These vehicles help reduce the chance of injuries in an accident and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates.

Take advantage of every auto insurance discount

Not many people think insurance is cheap, but discounts can save money and there are some available that can help lower your rates. Certain discounts will be triggered automatically when you complete an application, but occassionally some discounts must be specifically requested in order for you to get them.

  • Save with a New Car – Buying a new car instead of a used car can save you some money because new vehicles have to meet stringent safety requirements.
  • Discount for Life Insurance – Larger insurance carriers have a break if you buy some life insurance in addition to your auto policy.
  • Service Members Pay Less – Having an actively deployed family member could be rewarded with lower rates.
  • Student Discount for Driver Training – Have your child sucessfully take a drivers education course in school or through a local driver safety program.
  • Discount for Multiple Policies – If you can combine your home and auto policy and insure them with the same company you could save up to 20% and get you affordable auto insurance.

As is typical with insurance, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, you’re out of luck.

Some of the insurance companies that have some of the above discounts include:

It’s a good idea to ask each company or agent which discounts you qualify for. Some discounts may not apply in your area. To see companies that have a full spectrum of discounts, click this link.

Insurance coverage advertising gotchas

Drivers can’t ignore all the ads that promise big savings from companies such as State Farm, Allstate and Geico. They all try to convey promises that drivers will save a bundle after switching to their company.

Is it even possible that every company can offer drivers better rates? This is the way they can do it.

Companies quote their best rates for the type of driver they prefer to insure. An example of a driver they prefer may be between the ages of 30 and 50, has no claims, and drives less than 5,000 miles a year. A customer who fits that profile will most likely get cheap premium rates and therefore will save when they switch companies.

Drivers who do not fit these stringent criteria will be quoted a higher rate and this results in the customer buying from a different company. If you listen closely, the ads state “drivers that switch” but not “everyone who gets a quote” will save that much if they switch. That’s why companies can truthfully advertise the way they do.

Each company has different criteria, so you should do a rate comparison at every renewal. It is just not possible to predict which insurance coverage company will have the best rates.

How to know if you need help

When it comes to choosing adequate coverage, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions may help highlight whether your personal situation may require specific advice.

  • Is my dog or cat covered if injured in an accident?
  • When would I need rental car insurance?
  • When does my teenage driver need to be added to my policy?
  • Am I better off with higher deductibles on my 2017 Mitsubishi Lancer?
  • What vehicles should carry emergency assistance coverage?
  • Am I covered if I drive in a foreign country?
  • Is my teen driver covered when they drive my company car?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Car insurance coverages and their meanings

Having a good grasp of your car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types offered by car insurance companies.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for prosthetic devices, rehabilitation expenses and ambulance fees. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Collision protection

This coverage covers damage to your Lancer resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as scraping a guard rail, driving through your garage door, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible to get cheaper collision coverage.

Comprehensive (Other than Collision)

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like hitting a bird, falling objects and vandalism. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your Mitsubishi Lancer.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability car insurance

This coverage protects you from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things such as repair costs for stationary objects, structural damage, repair bills for other people’s vehicles, medical expenses and medical services. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

More quotes. Lower rates.

In this article, we covered many ideas to save on 2017 Mitsubishi Lancer insurance. The most important thing to understand is the more price quotes you have, the better your chances of lowering your auto insurance rates. Drivers may discover the best rates are with an unexpected company. They may only write in your state and offer lower auto insurance rates compared to the large companies like Allstate, Geico and Progressive.

As you shop your coverage around, do not skimp on coverage in order to save money. In too many instances, someone dropped liability limits or collision coverage and discovered at claim time they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at a price you can afford and still be able to protect your assets.

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