Trying to find lower auto insurance rates for your Mitsubishi Lancer? Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Say no more because there are many drivers thinking the same thing. Having so many choices of insurance companies, it is hard for the average consumer to choose the most cost effective auto insurance company.
Smart consumers take time to get comparison quotes quite often because auto insurance prices trend upward over time. Despite the fact that you may have had the best rate on Lancer coverage two years ago the chances are good that you can find a lower premium rate today. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to the right way to find the best coverage while lowering your premiums.
Locating affordable insurance coverage can be fairly easy. If you have a policy now or are just looking to switch companies, you can learn to reduce the price you pay and possibly find even better coverage. Drivers only need an understanding of the proper methods to find the lowest price online.
Lowering your 2015 Mitsubishi Lancer car insurance rates can be relatively painless. Drivers just need to take a couple of minutes getting comparison quotes to find. Rate comparisons can be done in a couple of different ways.
The method you choose is up to you, but try to keep equivalent quote information on every price quote you get. If you are comparing differing limits it’s not possible to truly determine the lowest rate.
Companies don’t list their entire list of discounts very clearly, so we took the time to find both the well known and also the more inconspicuous credits that you can use to lower your rates.
Don’t be surprised that most discount credits are not given the the whole policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. So even though you would think you could get a free car insurance policy, that’s just not realistic.
Larger car insurance companies and some of the discounts are shown below.
Before buying, ask each company or agent which credits you are entitled to. A few discounts might not be available to policyholders in your area. If you would like to view car insurance companies with the best car insurance discounts, click this link.
When it comes to buying adequate coverage for your vehicles, there is no best way to insure your cars. Every insured’s situation is different so your insurance should reflect that These are some specific questions can help discover whether or not you may require specific advice.
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Learning about specific coverages of your insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Insurance terms can be confusing and nobody wants to actually read their policy. Shown next are typical coverage types offered by insurance companies.
Liability
This can cover injuries or damage you cause to a person or their property. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability can pay for claims such as medical expenses, emergency aid, funeral expenses, structural damage and loss of income. How much coverage you buy is your choice, but consider buying as high a limit as you can afford.
Insurance for medical payments
Med pay and PIP coverage reimburse you for expenses for things like funeral costs, nursing services and chiropractic care. They can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage provides protection 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.
Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Normally these limits do not exceed the liability coverage limits.
Collision protection
Collision coverage will pay to fix damage to your Lancer from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims such as crashing into a building, driving through your garage door, crashing into a ditch and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.
Comprehensive coverage (or Other than Collision)
This coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things like damage from a tornado or hurricane, falling objects, a broken windshield and fire damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.