1995 Mitsubishi Montero Car Insurance Cost – 10 Tips for Cheaper Prices

Finding affordable insurance coverage can seem to be challenging for beginners to shopping for insurance online. You have so many companies to choose from that it can easily become a big hassle to find lower rates.

It’s a great practice to get comparison quotes every six months because rates are usually higher with each renewal. Despite the fact that you may have had the lowest price on Montero insurance six months ago you can probably find a better price now. Block out anything you think you know about insurance coverage because you’re about to find out the best way to eliminate unnecessary coverages and save money.

Save on Mitsubishi Montero insurance

Insurance can be prohibitively expensive, but discounts can save money and there are some available to help bring down the price. Most are applied when you get a quote, but lesser-known reductions have to be manually applied before being credited.

  • Claim Free – Claim-free drivers pay less when compared to accident-prone drivers.
  • Life Insurance Discount – Select insurance companies reward you with a break if you buy auto and life insurance together.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy can get a discount on all vehicles.
  • Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Montero insurance than their less cautious counterparts.
  • Paperless Signup – Some insurance companies will give a small break for buying your policy over the internet.
  • Early Signing – Some companies give discounts for switching policies before your current policy expires. This can save 10% or more.
  • Senior Citizens – Older drivers can possibly qualify for a discount up to 10% on Montero insurance.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
  • 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.
  • Student in College – Kids in college living away from home attending college and do not have access to a covered vehicle may qualify for this discount.

As a disclaimer on discounts, some credits don’t apply to your bottom line cost. Some only reduce individual premiums such as comp or med pay. So despite the fact that it appears you could get a free insurance coverage policy, it just doesn’t work that way. Any qualifying discounts will reduce the cost of coverage.

For a list of providers with the best insurance coverage discounts, click this link.

Which Insurance is Cheapest?

There are several ways to compare rate quotes and find the best price. One of the best ways to find competitive 1995 Mitsubishi Montero insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished in a couple of different ways.

  1. The first (and easiest) way to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This form prevents you from having to do separate forms for each company. In just a few minutes this one form gets you coverage quotes from multiple companies. Just one form and you’re done.
  2. Another way to shop for insurance online is to manually visit the website of each company and fill out their own quote form. For examples sake, let’s assume you want comparison quotes from State Farm, Liberty Mutual and American Family. You would have to take the time to go to each site and enter your policy data, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
  3. The hardest way of getting rate comparisons is driving to different agent offices. The internet has reduced the need for local agents unless you prefer the personal advice of a licensed agent. You can, however, get the lowest quotes online and get advice from an agent in your area and we’ll cover that in a bit.

Whichever method you choose, make darn sure you compare apples-to-apples coverages with every price quote. If you compare different liability limits then you won’t be able to truly determine the lowest rate. Slightly different coverage limits could mean much higher rates. And when price shopping your coverage, having more price comparisons gives you a better chance of getting better pricing.

Tailor your coverage to you

When it comes to choosing coverage for your personal vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover if your situation might need professional guidance.

  • How high should deductibles be on a 1995 Mitsubishi Montero?
  • Can I rent a car in Mexico?
  • When do I need to add a new car to my policy?
  • How can I get high-risk coverage after a DUI?
  • Is my teenager covered with friends in the car?
  • Am I covered when delivering products for my home-based business?
  • How much liability insurance is required?
  • Is my babysitter covered when using my vehicle?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Coverage specifics

Having a good grasp of your insurance policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Liability coverage

Liability coverage protects you from injuries or damage you cause to other people or property in an accident. This coverage protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as medical expenses, pain and suffering, court costs and emergency aid. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive insurance

Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as vandalism, damage from flooding and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a building, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so consider dropping it from older vehicles. You can also increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Mitsubishi Montero.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses such as EMT expenses, ambulance fees, surgery, doctor visits and hospital visits. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Save your cold hard cash

As you shop your coverage around, it’s a bad idea to skimp on coverage in order to save money. There are many occasions where someone dropped collision coverage only to discover later that it was a big mistake. The proper strategy is to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

Insureds switch companies for many reasons like unfair underwriting practices, high prices, being labeled a high risk driver or even poor customer service. Regardless of your reason, choosing a new company is not as hard as you think.

We covered many tips how you can reduce 1995 Mitsubishi Montero insurance prices online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding lower rates. Consumers could even find that the best price on insurance is with a small mutual company.

To learn more, feel free to browse the following helpful articles: