2011 Mitsubishi Galant Insurance Rates

Being forced to pay for overpriced insurance coverage premiums can diminish your monthly budget and force you to make tough financial choices. Since drivers have many choices of insurance companies, it can be diffult for people to choose the right insurance coverage provider.

It’s a good habit to shop coverage around quite often due to the fact that insurance prices change regularly. Just because you found the lowest price for Galant insurance six months ago a different company probably has better rate quotes today. Block out anything you think you know about insurance coverage because you’re going to learn how to use online quotes to lower your annual insurance bill.

How to get free auto insurance quotes online

Finding a better price on auto insurance is surprisingly easy. All you need to do is take time comparing rates from some recommended companies. Shoppers can get rates in just a few minutes using one of these methods.

  1. The most recommended method consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This form keeps you from doing separate quotes to each individual auto insurance company. Just one form gets insurance cost estimates from all major companies.
  2. A slightly less efficient method to get quotes online is spending the time to visit the website for every company you want to comare and repeat the quote process. For examples sake, we’ll assume you want to compare rates from Liberty Mutual, Safeco and Progressive. You would have to go to each individual site to input your insurance information, which explains why we recommend starting with the first method.

    For a handy list of car insurance company links in your area, click here.

  3. The most time-consuming way to compare price quotes is making phone calls or going to local insurance agencies. Doing it all online makes this process obsolete unless you prefer the personal advice that only a licensed agent can provide. Some companies do allow you to compare the best prices online but still have the advice of a local agent.

How you compare quotes is your choice, just compare exactly the same deductibles and coverage limits for each price quote. If you use different coverage information it’s not possible to make an equal comparison.

Which is the best auto insurance?

When choosing proper insurance coverage for your vehicles, there is no perfect coverage plan. Everyone’s situation is unique and your policy should reflect that. These are some specific questions may help highlight if your situation would benefit from an agent’s advice.

  • Am I covered if I crash into my own garage door?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered by my spouse’s policy after a separation?
  • I don’t drive much so do I pay less?
  • When can I cancel my policy?
  • Why do I need rental car insurance?
  • Can I afford to pay high deductible claims out of pocket?
  • Does coverage extend to a rental car in a foreign country?
  • Is my babysitter covered when using my vehicle?
  • Is my cargo covered for damage or theft?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance 101

Knowing the specifics of your car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from car insurance companies.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with another moving vehicle, rolling your car, scraping a guard rail, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to bring the cost down.

Coverage for liability

Liability insurance provides protection from damage or injury you incur to people or other property. This insurance protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things like court costs, emergency aid, medical expenses and funeral expenses. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as theft, damage from flooding, fire damage and falling objects. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical costs insurance

Med pay and PIP coverage pay for expenses for funeral costs, doctor visits and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

UM/UIM Coverage

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.