View 1997 Mitsubishi Eclipse Car Insurance Rates

Finding the best price on car insurance may appear to be difficult at first since most people haven’t used online price quotes. But don’t surrender to high rates because we’re going to show you how.

It’s a good habit to compare rates before your policy renews because insurance prices are constantly changing. Despite the fact that you may have had the best rate for Eclipse coverage at your last renewal a different company probably has better premium rates today. Forget anything you know (or think you know) about car insurance because you’re about to learn how to use the internet to lower your rates without sacrificing coverage.

Finding the best rates is easy if you know what you’re doing. Just about everyone who buys auto insurance will more than likely be able to reduce their rates. But car owners do need to know how insurance companies determine prices and use this information to your advantage.

More discounts mean lower-cost premiums

Some companies do not advertise every possible discount in a way that’s easy to find, so the list below gives a summary of some of the more common and also the lesser-known credits that you can use to lower your rates.

  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a lower car insurance rate if you buy a life insurance policy as well.
  • Theft Deterent Discount – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen so companies will give you a small discount.
  • Online Discount – Certain insurance companies will give a small break just for signing your application on their website.
  • Discount for Multiple Policies – When you have multiple policies with the same insurance company you may save over 10 percent off each policy depending on the company.
  • Mature Driver Discount – Seniors may be able to get a discount up to 10% for Eclipse coverage.
  • Homeowners Pay Less – Owning a house may earn you a small savings because it is proof of financial responsibility.
  • Driving Data Discount – Insureds who allow data collection to study driving patterns by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive could save a few bucks if they have good driving habits.
  • Professional Memberships – Belonging to specific professional or occupational memberships or organizations may earn a discount when shopping for car insurance.
  • Good Student – This discount can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
  • Employee of Federal Government – Simply working for the federal government may reduce rates when you quote insurance coverage for Eclipse coverage but check with your company.

A quick disclaimer, most discount credits are not given to your bottom line cost. Most cut individual premiums such as comprehensive or collision. Even though it appears you could get a free car insurance policy, you’re out of luck.

A list of car insurance companies and a partial list of their discounts include:

  • 21st Century has discounts for defensive driver, early bird, air bags, good student, student driver, and 55 and older.
  • Progressive may have discounts that include multi-vehicle, multi-policy, good student, online quote discount, continuous coverage, and homeowner.
  • State Farm offers premium reductions for multiple policy, driver’s education, accident-free, good student, and passive restraint.
  • Nationwide offers discounts for easy pay, family plan, good student, defensive driving, and business or organization.
  • Esurance may offer discounts for multi-policy, good student, safety device, anti-lock brakes, and renters.
  • The Hartford has savings for defensive driver, good student, driver training, anti-theft, and vehicle fuel type.

Double check with each company which discounts can lower your rates. A few discounts may not apply to policies everywhere. To see a list of companies who offer online car insurance quotes, follow this link.

Lower your insurance rates

Consumers need to have an understanding of the factors that come into play when calculating your premiums. If you know what positively or negatively impacts your premiums, this allows you to make educated decisions that can earn you big savings.

  • File a policy claims and pay more – If you’re an insured who likes to file claims you can pretty much guarantee either higher rates or even cancellation. Car insurance companies generally give discounts to insureds who do not file claims often. Your car insurance is meant to be used in the event of more catestrophic claims.
  • Discounts for married drivers – Having a wife or husband may earn you lower rates on insurance coverage. Having a significant other may mean you are more financially stable and it’s proven that being married results in fewer claims.
  • Prevent your car from being stolen – Choosing to buy a car with anti-theft technology or alarm system can help bring down rates. Advanced theft deterrents like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent your car from being stolen.
  • Liability protection – Your policy’s liability coverage provides coverage when you are determined to be liable for an accident. It provides legal defense coverage to attempt to prove you were not liable. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.
  • Know your vehicle’s NHTSA crash test rating – Vehicles with high crash test scores cost less to insure. These vehicles reduce occupant injuries and lower injury rates means lower claim amounts which can result in lower premiums.
  • Insurance is expensive for teenage drivers – Drivers with little experience are statistically proven to be inattentive and easily distracted when driving so insurance coverage rates are higher. More mature drivers are more responsible, tend to cause fewer accidents .
  • Gender matters – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. It does not mean females are better drivers. Men and women have accidents in similar numbers, but men have costlier accidents. Not only are claims higher, but men have more aggressive citations like reckless driving and DUI. Male drivers age 16 to 19 are most likely to cause an accident and therefore are the most expensive to insure.
  • Higher insurance coverage rates for stressful vocations – Do you have a high-stress occupation? Jobs such as military personnel, social workers and dentists tend to pay higher rates than average attributed to high stress levels and incredibly demanding work hours. On the flip side, careers such as farmers, historians and retirees generally pay rates lower than average for Eclipse coverage.

It’s not one size fits all

When it comes to buying the right insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Every situation is different.

For example, these questions can aid in determining if your insurance needs will benefit from professional help.

  • Am I covered when driving on a suspended license?
  • Can I drive in Mexico and have coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I have newly-aquired coverage?
  • Should I buy only the required minimum liability coverage?
  • How can I get high-risk coverage after a DUI?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Insurance policy coverages for a 1997 Mitsubishi Eclipse

Knowing the specifics of your policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

UM/UIM Coverage

This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like a broken windshield, hitting a deer, rock chips in glass and vandalism. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability

Liability coverage provides protection from damage that occurs to a person or their property. It protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against things such as repair costs for stationary objects, funeral expenses, medical services and emergency aid. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as funeral costs, EMT expenses, dental work and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Auto collision coverage

This coverage covers damage to your Eclipse caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as crashing into a building, colliding with a tree, sustaining damage from a pot hole, hitting a parking meter and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

A tidy conclusion

We’ve covered a lot of ways to get a better price on 1997 Mitsubishi Eclipse insurance. The key concept to understand is the more times you quote, the better your chances of lowering your premium rates. Drivers may discover the lowest priced car insurance comes from a smaller regional carrier.

Lower-priced car insurance can be purchased online in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies may not provide price quotes online and usually these small insurance companies work with local independent agents.

Consumers change insurance companies for any number of reasons including extreme rates for teen drivers, denial of a claim, not issuing a premium refund or delays in paying claims. No matter why you want to switch, finding a new company is pretty easy and you might even save some money in the process.

To learn more, link through to the resources below: