How Much Does 2009 Mitsubishi Galant Car Insurance Cost?

Finding low cost rates on insurance can be slightly frustrating for drivers new to buying insurance online. With such a large number of agents and companies in the marketplace, it can easily turn into a lot of work to find more affordable insurance rates.

Discounts to earn cheap insurance coverage rates

Some insurance providers don’t necessarily list all available discounts very well, so the next list breaks down some of the more common and also the lesser-known discounts you could be receiving when you buy insurance online.

  • Distant College Student Discount – College-age children who are enrolled in higher education away from home and won’t have access to an insured vehicle could qualify for this discount.
  • Good Student Discount – Getting good grades can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Homeowners Savings – Owning a home can earn you a little savings due to the fact that maintaining a home demonstrates responsibility.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts can save a little off the PIP or medical payment premium.
  • Discount for Low Mileage – Driving fewer miles may enable drivers to earn better premium rates on cars that stay parked.

You can save money using discounts, but some credits don’t apply to the overall cost of the policy. A few only apply to specific coverage prices like comp or med pay. Even though the math looks like you could get a free insurance coverage policy, you’re out of luck. Any amount of discount should help lower your overall bill.

To view providers with the best discounts, click here.

Tailor your insurance coverage to you

When buying adequate coverage for your vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different.

These are some specific questions may help highlight if your situation might need an agent’s assistance.

  • Does having multiple vehicles earn me a discount?
  • How much can I save by bundling my policies?
  • Why am I required to buy liability insurance?
  • Who is covered by my policy?
  • Am I covered if I crash into my own garage door?
  • What vehicles should carry emergency assistance coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • Does my insurance cover a custom paint job?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form.

Don’t be fooled by advertising claims

Companies like Geico, State Farm and Progressive regularly use ads in print and on television. They all seem to make the same claim of big savings if you change to them. It sounds good, but how can they all charge less that you’re paying now? You have to listen carefully.

Different companies can use profiling for the type of driver that will add to their bottom line. One example of this type of insured should be between 30 and 50, has no claims, and has excellent credit. Any customer who matches those parameters will get very good rates and is almost guaranteed to save when switching.

Insureds who don’t meet those criteria will get more expensive rates and this results in the customer not buying. The trick companies use is to say “drivers that switch” but not “all drivers who get quotes” will save that much if they switch. That’s why companies can make those statements. Because of the profiling, it’s extremely important to get a wide range of price quotes. It’s just not possible to know the company that will provide the lowest car insurance rates.

Auto insurance coverage considerations

Having a good grasp of your auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses like hospital visits, surgery and X-ray expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Mitsubishi Galant.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision insurance

This coverage covers damage to your Galant from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a parking meter, rolling your car and crashing into a building. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Liability

This coverage provides protection from damage or injury you incur to other’s property or people. This coverage protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims such as pain and suffering, attorney fees, funeral expenses, repair costs for stationary objects and repair bills for other people’s vehicles. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive insurance

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from getting keyed, rock chips in glass, hail damage and theft. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Feed the piggy bank

Cheaper insurance is definitely available from both online companies in addition to many insurance agents, so you should be comparing quotes from both to have the best rate selection. A few companies do not offer rates over the internet and many times these smaller companies work with independent insurance agents.

When searching for cheaper insurance quotes, never buy lower coverage limits just to save a few bucks. There have been many cases where an accident victim reduced liability coverage limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase a proper amount of coverage at the lowest possible cost while still protecting your assets.

Consumers leave their current company for a number of reasons such as denial of a claim, high rates after DUI convictions, lack of trust in their agent or even policy cancellation. No matter why you want to switch, choosing a new insurance company can be easier than you think.

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