2001 Mitsubishi Mirage Insurance Cost – 10 Tips for Cheaper Prices

Sick and tired of paying out the nose to pay high insurance rates every month? You’re in the same situation as many other consumers.

With so many options when it comes to insurance, it can be hard to pick a lower cost insurance company.

Cheap auto insurance rates with discounts

Auto insurance is easily one of your largest bills, but there may be some discounts that could drop your premiums quite a bit. A few discounts will automatically apply when you purchase, but some discounts are required to be asked for in order for you to get them. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

  • Driver Education Discount – Have your child enroll and complete driver’s education as it will make them better drivers and lower rates.
  • Full Payment Discount – If you can afford to pay the entire bill rather than paying monthly you can actually save on your bill.
  • Sign Online – Some of the larger companies give back up to $50 shop car insurance over the internet.
  • Anti-lock Brake System – Cars with ABS braking systems or traction control can avoid accidents so you can save 10 percent or more.
  • Auto/Life Discount – Insurance companies who offer life insurance give a lower price if you buy life insurance from them.
  • Data Collection Discounts – Drivers who elect to allow driving data collection to track driving manner by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction as long as the data is positive.
  • Low Mileage Discounts – Fewer annual miles on your Mitsubishi could qualify for lower auto insurancerates on the low mileage vehicles.
  • Responsible Driver Discount – Accident-free drivers could pay up to 40% less on Mirage coverage than less cautious drivers.
  • Government Employees – Employees or retirees of the government can save as much as 8% on Mirage coverage with certain companies.
  • Multi-car Discount – Buying a policy with primary and secondary vehicles with the same auto insurance company could earn a price break for each car.

We need to note that many deductions do not apply to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Despite the appearance that you could get a free auto insurance policy, it just doesn’t work that way.

If you would like to see a list of insurance companies that can offer you the previously mentioned discounts, click this link.

Tailor your insurance coverage coverage to you

When choosing proper insurance coverage, there is no single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions can aid in determining whether or not you might need professional guidance.

  • Should I have a commercial auto policy?
  • Do I have coverage when using my vehicle for my home business?
  • When would I need rental car insurance?
  • Do I need medical payments coverage since I have good health insurance?
  • When do I need to add a new car to my policy?
  • How does medical payments coverage work?
  • When can I cancel my policy?
  • Can I make deliveries for my home business?
  • How can I get my company to pay me more for my totalled car?
  • Who is covered when they drive my 2001 Mitsubishi Mirage?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Car insurance coverages explained

Learning about specific coverages of a car insurance policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages offered by car insurance companies.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Auto liability

This coverage protects you from damage or injury you incur to other’s property or people. It protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against things like loss of income, court costs and pain and suffering. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Collision coverage

This pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a building, damaging your car on a curb, sustaining damage from a pot hole and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Comprehensive protection

Comprehensive insurance coverage 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 pays for claims like hitting a bird, falling objects, hail damage and vandalism. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like chiropractic care, rehabilitation expenses, pain medications, hospital visits and ambulance fees. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Shop. Compare. Save.

As you quote car insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced uninsured motorist or liability limits to discover at claim time they didn’t purchase enough coverage. Your strategy should be to get the best coverage possible at an affordable rate, but do not sacrifice coverage to save money.

Affordable 2001 Mitsubishi Mirage insurance can be bought both online and from local agencies, and you should compare rates from both to have the best selection. Some auto insurance companies don’t offer the ability to get a quote online and usually these regional carriers prefer to sell through independent insurance agencies.

Additional information