1993 Mitsubishi Precis Car Insurance Quotes – 9 Tricks for Cheaper Rates

Have you had enough of being strong-armed to buy insurance? Your situation is no different than many other consumers.

Having so many online and local companies to choose from, it’s difficult to locate the most affordable insurance company.

It’s a good idea to compare rates as often as possible due to the fact that insurance prices fluctuate regularly. Just because you had the best quotes for Precis coverage on your last policy you can probably find a lower rate today. Forget all the misinformation about insurance because we’re going to demonstrate the fastest way to save money, get proper deductibles and limits, all at the lowest rate.

Auto insurance policy discounts

Car insurance companies don’t always advertise all available discounts in a way that’s easy to find, so the next list breaks down a few of the more common and the more hidden discounts that may be available.

  • Discount for Good Grades – A discount for being a good student can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
  • Driving Data Discount – Drivers who elect to allow companies to look at driving patterns by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they show good driving skills.
  • Driver’s Ed – Teen drivers should complete a driver education course in school or through a local driver safety program.
  • Discount for Home Ownership – Simply owning a home may trigger a policy discount on auto insurance since owning and maintaining a home demonstrates responsibility.
  • Accident Forgiveness Coverage – but some companies like Geico, Allstate and Liberty Mutual allow you one accident before your rates go up as long as you don’t have any claims prior to being involved in the accident.
  • Military Rewards – Being deployed with a military unit may qualify for rate reductions.
  • Drive Safe and Save – Safe drivers can save up to 40% or more on their auto insurance quote for Precis coverage compared to rates paid by drivers with frequent claims.
  • Low Mileage – Low annual miles can earn discounted premium rates on garaged vehicles.
  • Multiple Policy Discount – If you can bundle your homeowners and auto insurance with one company you could earn a discount of 10% to 20% off each policy.

Discounts lower rates, but many deductions do not apply to all coverage premiums. Some only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like all those discounts means the company will pay you, you aren’t that lucky. But any discount should help lower the amount you have to pay.

A few of the larger companies and a selection of discounts can be read below.

  • State Farm has savings for multiple autos, accident-free, safe vehicle, Drive Safe & Save, good student, Steer Clear safe driver discount, and driver’s education.
  • Progressive offers discounts including multi-vehicle, continuous coverage, online quote discount, good student, homeowner, multi-policy, and online signing.
  • Progressive may include discounts for good student, multi-vehicle, continuous coverage, online signing, online quote discount, and multi-policy.
  • MetLife offers discounts for claim-free, accident-free, good driver, good student, and defensive driver.
  • Farm Bureau discounts include good student, safe driver, renewal discount, multi-policy, and multi-vehicle.
  • Geico may have discounts that include emergency military deployment, anti-lock brakes, defensive driver, military active duty, five-year accident-free, and air bags.
  • SAFECO may offer discounts for teen safe driver, drive less, safe driver, accident prevention training, and multi-car.

Before buying, ask all companies you are considering which discounts they offer. Some discounts may not be available in every state. To see a list of insurance companies offering auto insurance discounts, click here.

Car insurance savings promises

Progressive, Geico, Allstate and State Farm endlessly run ads in print and on television. All the companies make an identical promise that you’ll save big just by moving to their company. It sounds good, but how can they all save you money? Just pay attention to how they say it.

Companies have strict underwriting profiles for the type of insured that will generate a profit. For example, a preferred risk might be described as over the age of 45, has never had a policy lapse, and drives a lower-performance vehicle. Any driver that matches those criteria will probably get cheap premium rates and have a good chance to save quite a bit of money when switching.

Potential customers who do not match these standards will get higher premiums which results in the customer buying from a different company. The ads say “people who switch” but not “everyone who gets a quote” save that much money. That’s the way insurance companies can make those statements.

Because every company is different, drivers should compare price quotes frequently. It’s impossible to know the company that will have the lowest prices for your situation.

How do I know if I need professional advice?

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. These are some specific questions may help you determine if you could use an agent’s help.

  • How can I find cheaper teen driver insurance?
  • At what point should I drop full coverage?
  • Does my insurance cover a custom paint job?
  • What if I total my 1993 Mitsubishi Precis and owe more than it’s worth?
  • Why do I only qualify for high-risk insurance?
  • Does my policy pay for OEM or aftermarket parts?
  • When should I not file a claim?
  • When would I need rental car insurance?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is motorclub coverage worth it?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Specifics of your car insurance policy

Having a good grasp of your policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages offered by car insurance companies.

Auto collision coverage

Collision insurance covers damage to your Precis caused by collision 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 coverage pays for claims such as hitting a mailbox, hitting a parking meter and scraping a guard rail. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.

Liability coverages

Liability insurance can cover injuries or damage you cause to people or other property in an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like structural damage, legal defense fees, bail bonds and pain and suffering. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Comprehensive auto coverage

This covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like theft, hitting a deer and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for expenses like rehabilitation expenses, surgery, chiropractic care and EMT expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as damage to your 1993 Mitsubishi Precis.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Quote more, save more

Some insurance companies may not offer the ability to get a quote online regional carriers provide coverage only through independent agents. Cheaper 1993 Mitsubishi Precis insurance can be sourced both online and from local agencies, so you should compare both so you have a total pricing picture.

When shopping online for car insurance, do not buy poor coverage just to save money. There are too many instances where someone dropped full coverage and discovered at claim time they didn’t purchase enough coverage. The ultimate goal is to buy the best coverage you can find at a price you can afford, but do not skimp to save money.

Additional information can be found at the links below