Lower Your 1993 Mitsubishi Galant Car Insurance Rates

Searching for lower insurance coverage rates? Consumers have lots of choices when looking for the lowest priced Mitsubishi Galant insurance. They can either waste time struggling with agents to get rate comparisons or save time using the internet to make rate comparisons.

There is a right way and a wrong way to shop for insurance coverage so you’re going to learn the best way to compare rates for a new or used Mitsubishi and locate the best price possible.

It’s important to get comparison quotes once or twice a year due to the fact that insurance rates fluctuate regularly. Just because you had the best rate on Galant coverage last year you will most likely find a better price today. Block out anything you think you know about insurance coverage because I’m going to let you in on the secrets to the proper way to save money, get proper deductibles and limits, all at the lowest rate.

If you have a current insurance coverage policy or need a new policy, you can use these techniques to get lower rates and still get good coverage. This article will help educate you on how car insurance quotes work and some money-saving tips. Vehicle owners only need to know the tricks to get comparison quotes over the internet.

Compare quotes for car insurance

There are several ways to compare car insurance quotes, but one way is less time-consuming than others. You can spend your afternoon talking about coverages with insurance agencies in your area, or you could use online quoting to get the quickest rates.

Many popular insurance companies belong to a marketplace where prospective buyers submit their information once, and each participating company returns a rated price. This saves time by eliminating quote forms for each company you want a rate for.

To compare pricing click here (opens in new window).

The only downside to using this type of system is you cannot specify which providers to get pricing from. If you wish to select individual companies to compare prices, we have a listing of companies who write car insurance in your area. View list of insurance companies.

It doesn’t matter which method you choose, just be certain you are entering the exact same coverage information with every price quote. If each company quotes different liability limits then you won’t be able to make a fair comparison for your Mitsubishi Galant.

Save $466 a year? Really?

Consumers can’t escape the ads for cheaper car insurance from companies such as State Farm, Geico and Progressive. They all seem to make the promise about savings if you just switch your policy.

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

All companies have a preferred profile for the right customer that is profitable for them. An example of a profitable customer may be between 30 and 50, has other policies, and drives less than 10,000 miles a year. A customer getting a price quote that meets those criteria may get the lowest prices and have a good chance to save if they switch.

Drivers who are not a match for those criteria may receive a more expensive rate and ends up with the customer buying from a different company. If you listen to the ad wording, they say “drivers who switch” not “everybody who quotes” can get the lowest rates when switching. This is how companies can truthfully advertise the way they do.

Because of this risk profiling, you really need to compare many company’s rates. It’s not possible to predict which company will have the lowest rates.

Insurance coverage policy discounts you can’t miss

Some providers don’t always publicize the entire discount list in a way that’s easy to find, so below is a list some of the best known as well as the least known credits that you can use to lower your rates.

  • Use Seat Belts – Drivers who require all vehicle occupants to buckle up could cut 10% or more on the premium charged for medical payments and/or PIP.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags could see savings up to 30%.
  • Full Payment Discount – By making one initial payment instead of making monthly payments you could save 5% or more.
  • Theft Deterent System – Cars and trucks with anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
  • Senior Discount – Older drivers may receive a small discount on rates on Galant coverage.

Discounts lower rates, but most of the big mark downs will not be given to the entire cost. Most only cut specific coverage prices like medical payments or collision. So even though it sounds like having all the discounts means you get insurance for free, you aren’t that lucky. But any discount should help reduce your policy premium.

If you would like to choose from a list of providers with significant discounts, click here.

Insurance agents can help

When it comes to buying the best car insurance coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might help in determining if your situation could use an agent’s help.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Should I waive the damage coverage when renting a car?
  • Does coverage extend to Mexico or Canada?
  • Should I have combined single limit or split liability limits?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I pay less for low miles?
  • Should I buy full coverage?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Specific coverages for a 1993 Mitsubishi Galant

Knowing the specifics of your policy helps when choosing the best coverages and proper limits and deductibles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Collision – Collision coverage covers damage to your Galant resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as sideswiping another vehicle, scraping a guard rail, colliding with a tree, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Liability – This coverage provides protection from injuries or damage you cause to other’s property or people that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: 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 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for things like pain and suffering, repair bills for other people’s vehicles, loss of income, court costs and medical expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these coverages are identical to your policy’s liability coverage.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for nursing services, X-ray expenses and surgery. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage – This covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as fire damage, hitting a bird, vandalism and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Take this to the bank

People switch companies for many reasons like unfair underwriting practices, denial of a claim, policy non-renewal or even being labeled a high risk driver. Whatever your reason, finding a new auto insurance company is not as hard as you think.

There are still a few companies who may not provide the ability to get a quote online small, regional companies only sell through independent agencies. The cheapest 1993 Mitsubishi Galant insurance is attainable both online in addition to local insurance agencies, and you need to price shop both to have the best rate selection.

As you prepare to switch companies, never buy lower coverage limits just to save a few bucks. There have been many situations where an accident victim reduced full coverage and found out when filing a claim they didn’t have enough coverage. Your focus should be to buy the best coverage you can find at a price you can afford but still have enough coverage for asset protection.

More tips and info about auto insurance can be read at these sites: