1997 Mitsubishi Eclipse Spyder Insurance Rates

Want lower insurance rates for your Mitsubishi Eclipse Spyder? Did you make the mistake of buying an expensive insurance policy? Trust us, there are lots of people in the same boat. Having so many companies and agents to choose from, it is very difficult to choose a more affordable insurance provider.

It is always a good idea to price shop coverage on a regular basis since prices go up and down regularly. Despite the fact that you may have had the best deal on Eclipse Spyder coverage last year you can probably find a lower rate today. Ignore everything you know about insurance because you’re going to get a crash course in one of the easiest ways to reduce your cost while increasing coverage.

Free auto insurance rate quotes

Finding cheap 1997 Mitsubishi Eclipse Spyder auto insurance prices is actually easier than you may think. The only requirement is to take the time to compare rate quotes to see which company has cheap auto insurance quotes. Comparing prices online can be done using a couple different methods.

  • If you don’t have a lot of time, the easiest way to get quotes is an all-inclusive rate comparison click here to open form in new window. This quick form prevents you from having to do multiple quote forms for every company. Just one form gets insurance cost estimates from multiple low-cost companies.
  • A more difficult way to shop for auto insurance online requires you to visit each company’s website and go through the quote process again. For examples sake, let’s assume you want to get rates from USAA, 21st Century and State Farm. In order to compare rates, you need to spend time going to each site individually and punch in your information repeatedly, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

You can use whichever method you prefer to find lower rates, just try to use the same coverage data for each price quote. If you are comparing higher or lower deductibles you can’t possibly make an equal comparison.

More discounts mean cheap premiums

Insurance coverage is not inexpensive, but you may qualify for discounts to reduce the price significantly. Some discounts will apply at the time of purchase, but lesser-known reductions have to be requested specifically before you get the savings.

  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Home Ownership Discount – Simply owning a home may earn you a small savings because owning a home requires personal responsibility.
  • Driver Safety – Passing a course that instructs on driving safety can save you 5% or more depending on where you live.
  • College Student – Youth drivers who live away from home to go to college and leave their car at home could qualify for this discount.
  • Accident-Free Discounts – Insureds who avoid accidents and claims get the best insurance coverage rates in comparison with drivers who are more careless.
  • ABS Braking Discount – Vehicles with ABS and/or traction control are much safer to drive and earn discounts up to 10%.
  • Policy Bundle Discount – If you have multiple policies and insure them both with the same insurance company you will save as much as 10 to 15 percent.
  • Buy New and Save – Insuring a new car may earn a small discount since new model year vehicles are generally safer.

Discounts save money, but please remember that some credits don’t apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like you could get a free insurance coverage policy, company stockholders wouldn’t be very happy.

The best insurance coverage companies and some of the premium reductions they offer can be found below.

  • Progressive includes discounts for online quote discount, multi-vehicle, homeowner, continuous coverage, multi-policy, online signing, and good student.
  • The Hartford offers premium reductions for vehicle fuel type, bundle, defensive driver, driver training, and anti-theft.
  • Mercury Insurance may include discounts for age of vehicle, multi-policy, good driver, anti-theft, multi-car, professional/association, and low natural disaster claims.
  • Geico offers discounts for multi-vehicle, defensive driver, emergency military deployment, federal employee, seat belt use, anti-theft, and membership and employees.
  • AAA has discounts for multi-policy, multi-car, pay-in-full, good driver, AAA membership discount, anti-theft, and good student.
  • State Farm discounts include safe vehicle, good student, accident-free, Drive Safe & Save, defensive driving training, and multiple autos.

Check with every company which discounts you qualify for. Some discounts might not apply in every state. If you would like to view providers with the best insurance coverage discounts, click here.

How your Eclipse Spyder insurance premiums are determined

Lots of things are considered when you quote your car insurance policy. Some factors are common sense such as your driving history, but others are not quite as obvious such as your marital status or your commute time.

The following are some of the things companies use to determine rates.

  • Combining policies can get discounts – Some companies apply better rates for people who consolidate policies with them such as combining an auto and homeowners policy. This can amount to five, ten or even twenty percent. Even with this discount applied, consumers should still compare other insurance prices to guarantee you are still saving the most.
  • Bad credit will cost you – Having a bad credit score is likely to be a major factor in calculating your insurance coverage rates. Drivers who have high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit scores. Therefore, if your credit history could use some work, you could pay less to insure your 1997 Mitsubishi Eclipse Spyder if you clean up your credit.
  • Liability preserves assets – Liability insurance will protect you in the event that you are found to be at fault for physical damage or personal injury to other. Liability provides legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap compared to comp and collision, so do not cut corners here.
  • Stay claim-free and lower insurance coverage rates – Car insurance companies give the lowest premiums to people that do not abuse their auto insurance. If you file claims often, you can look forward to much higher rates or policy non-renewal. Auto insurance is intended to be relied upon for larger claims.
  • Is you occupation costing you more? – Occupations like military generals, architects and financial analysts generally pay higher rates than the rest of us in part from stressful work requirements and incredibly demanding work hours. On the other hand, jobs like professors, engineers and the unemployed pay the least on Eclipse Spyder coverage.
  • Tickets increase costs – Even a single driving citation can boost insurance rates forty percent or more. Careful drivers tend to pay less for car insurance compared to bad drivers. Drivers who get dangerous tickets like DUI or willful reckless driving are required to file a proof of financial responsibility form (SR-22) with their state in order to keep their license.
  • Extra policy coverages you don’t use – There are a lot of additional coverages that you can get tricked into buying if you don’t pay attention. Coverage for things like personal injury protection, death and dismemberment, and motor club memberships may not be needed and are just wasting money. These may sound like a good investment at first, but if they’re wasting money think about removing them and cutting costs.

It’s not one size fits all

When it comes to buying coverage for your personal vehicles, there is no one size fits all plan. Each situation is unique so your insurance should reflect that For example, these questions could help you determine whether your personal situation would benefit from professional advice.

  • How does medical payments coverage work?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do I get a pro-rated refund if I cancel my policy early?
  • When should I remove comp and collision on my 1997 Mitsubishi Eclipse Spyder?
  • Am I covered when driving a rental car?
  • Am I covered when pulling a rental trailer?
  • Does my policy cover my teen driver if they drive my company car?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Information about specific coverages

Having a good grasp of a insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages found on the average insurance policy.

Liability car insurance

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

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability insurance covers claims like legal defense fees, structural damage, medical expenses, repair costs for stationary objects and loss of income. How much coverage you buy is your choice, but consider buying as high a limit as you can afford.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for short-term medical expenses like rehabilitation expenses, EMT expenses, chiropractic care, surgery and ambulance fees. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

This coverage pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like crashing into a ditch, hitting a mailbox, hitting a parking meter and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Mitsubishi Eclipse Spyder.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as a broken windshield, a tree branch falling on your vehicle, hitting a deer, rock chips in glass and fire damage. The maximum payout a 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 it’s probably time to drop comprehensive insurance.

Never pay more for less

We just showed you a lot of information how to lower your 1997 Mitsubishi Eclipse Spyder insurance rates. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even discover the most savings is with a lesser-known regional company. Smaller companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive and Geico.

When trying to cut insurance costs, it’s not a good idea to buy less coverage just to save a little money. There have been many cases where drivers have reduced comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. Your objective should be to get the best coverage possible at the best possible price, but do not sacrifice coverage to save money.

More tips and info about auto insurance is available in the articles below: