Save on 1997 Mitsubishi 3000GT Insurance Quotes

Trying to find the cheapest insurance coverage rates for your Mitsubishi 3000GT? Tired of trying to scrape together enough money to pay high insurance coverage rates every month? You have the same problem as millions of other consumers.

There are many insurers to purchase coverage from, and although it’s nice to have a selection, it can be more challenging to adequately compare rates.

This information will instruct you on how to get online quotes and some tricks to saving. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these methods. But drivers do need to learn the way insurance companies determine prices and use this information to your advantage.

How much does insurance cost?

There are a lot of ways to shop for insurance, but there is one way that is less time-consuming than others. You could spend your day talking about coverages with local insurance agents in your area, or you could use online quotes to get pricing more quickly.

All the larger companies participate in an industry program where prospective buyers send in one quote, and every company can provide price quotes based on that information. This eliminates the need for quotation requests for every insurance company.

To find out how much you’re overpaying now click here (opens in new window).

The only downside to using this type of form is that you can’t choose the providers to get quotes from. If you wish to select from a list of companies to compare prices, we have a listing of insurance companies in your area. Click to view list.

Take whichever approach you prefer, but compare the exact same information on every quote you get. If you are comparing different liability limits you will not be able to make an equal comparison. Just slight variations in insurance coverages or limits may result in a large different in cost. Just keep in mind that having more price comparisons helps you find the best rates. Not every company provides online price quotes, so it’s important to also get quotes from the smaller companies as well.

Truth in car insurance advertising

Big name companies like State Farm, Geico and Progressive constantly bombard you with television, radio, and online ads. All the companies state the claim of big savings if you switch your coverage to them. How is it possible that every company can have lower policy pricing? It’s all in the numbers.

Companies require specific criteria for a prospective insured that will most likely be profitable. A good example of a desirable insured might be a married female, has a clean driving record, and drives newer vehicles. Someone who fits those characteristics may get the lowest prices and as a result will probably save money with a new company.

Potential insureds who fall short of those criteria will be charged a higher rate which leads to the customer not purchasing. The ad wording is “drivers that switch” but not “all drivers who get quotes” save that much. That is how companies can make it sound like they have such great prices.

This emphasizes why you really should compare price quotes frequently. It is just not possible to predict which car insurance company will give you lower premium rates than your current company.

Are you receiving every discount?

Insurance is neither fun to buy or cheap, but there could be significant discounts that can drop the cost substantially. Some trigger automatically at quote time, but some may not be applied and must be specifically requested before they will apply.

  • Drive Less and Save – Driving less can qualify you for discounted rates on garaged vehicles.
  • Discounts for Government Workers – Active or former government employment could provide a small rate reduction for 3000GT insurance depending on your insurance provider.
  • Military Rewards – Being on active duty in the military may lower your premium rates slightly.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions and will save you 10% or more.
  • Telematics Devices – Insureds who allow driving data submission to look at where and when they drive by installing a telematics device such as State Farm’s In-Drive could possibly reduce rates as long as the data is positive.

Remember that most discounts do not apply to the entire policy premium. Most cut individual premiums such as physical damage coverage or medical payments. So when it seems like having all the discounts means you get insurance for free, companies don’t profit that way.

To locate insurance companies that offer some of these discounts, follow this link.

When in doubt talk to an agent

When buying the right insurance coverage, there is no one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions can help discover if you will benefit from professional help.

  • Am I covered if I drive in a foreign country?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Should I waive the damage coverage when renting a car?
  • Can my teen drive my company car?
  • Is my babysitter covered when using my vehicle?
  • Should I have a commercial auto policy?
  • Does liability extend to a camper or trailer?
  • Why does it cost so much to insure a teen driver?
  • How do I buy GAP insurance?

If it’s difficult to answer those questions, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance companies in your area.

Car insurance 101

Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages available from insurance companies.

Medical expense insurance – Coverage for medical payments and/or PIP pay for short-term medical expenses for nursing services, doctor visits, pain medications, X-ray expenses and hospital visits. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Comprehensive (Other than Collision) – This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as falling objects, hitting a bird, damage from flooding, damage from a tornado or hurricane and vandalism. The most your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability car insurance – Liability coverage provides protection from damage or injury you incur to other’s property or people that is your fault. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Some companies may use a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things such as medical services, emergency aid and court costs. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Collision coverages – Collision insurance pays to fix your vehicle from damage 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 things such as sideswiping another vehicle, colliding with a tree, colliding with another moving vehicle, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your 1997 Mitsubishi 3000GT.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally these coverages are similar to your liability insurance amounts.

And the best car insurance company is…

You just read a lot of ways to lower your 1997 Mitsubishi 3000GT insurance prices. The most important thing to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best prices are with a small mutual company. Regional companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate, Geico and Progressive.

When buying insurance coverage, it’s a bad idea to buy poor coverage just to save money. In too many instances, someone dropped full coverage and discovered at claim time that they should have had better coverage. Your goal is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

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