How Much Does 1996 Mitsubishi Eclipse Insurance Cost?

Looking for better insurance coverage rates for your Mitsubishi Eclipse? Shopping for the lowest cost insurance coverage over the internet can be problematic for beginners to buying insurance online. When there are so many companies in the marketplace, how can consumers have a chance to compare every company to locate the best price?

Are you getting all your discounts?

Car insurance companies do not list every discount very well, so the following is a list of both the well known and also the lesser-known ways to save on auto insurance.

  • Use Seat Belts – Buckling up and requiring all passengers to use their safety belts could cut 10% or more off the personal injury premium cost.
  • Homeowners Discount – Being a homeowner may earn you a small savings because of the fact that having a home is proof that your finances are in order.
  • Distant Student – Children who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • One Accident Forgiven – A handful of insurance companies will allow you to have one accident before your rates go up so long as you haven’t had any claims prior to the accident.
  • New Vehicle Savings – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • Life Insurance Discount – Companies who offer life insurance give better rates if you take out auto and life insurance together.
  • Discount for Good Grades – This discount can save 20 to 25%. Earning this discount can benefit you until age 25.
  • Braking Control Discount – Vehicles equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same auto insurance policy qualifies for this discount.

Drivers should understand that some of the credits will not apply to the entire cost. Some only reduce specific coverage prices like comp or med pay. Even though it may seem like you could get a free auto insurance policy, auto insurance companies aren’t that generous.

Companies that possibly offer these discounts may include but are not limited to:

Double check with all companies you are considering how you can save money. Discounts might not be offered in your state.

Which Insurance Coverage is Cheapest?

There are several ways to compare Mitsubishi Eclipse insurance coverage prices but there is one way that is easier and takes less work. You could spend your day talking to agents in your area, or you can stay home and use online quotes to get rate comparisons in just a few minutes.

Most of the best insurance companies participate in an industry program where prospective buyers enter their coverage request one time, and each company returns a rated price based on the submitted data. This system prevents you from having to do quotation requests to each company. To enter your information into the quoting system, click here (opens in new window).

The one disadvantage to comparing rates this way is you can’t choose which providers you want to price. So if you want to select specific providers to request quotes from, we have a listing of companies who write insurance coverage in your area. Click to view list.

It’s up to you how you get prices quotes, just ensure you are comparing exactly the same quote information on every quote you get. If you are comparing different values for each quote it will be very difficult to find the best deal for your Mitsubishi Eclipse. Quoting even small variations in limits may cause a big price difference. Just remember that obtaining a wide range of quotes will increase your chances of finding lower pricing.

Mitsubishi Eclipse rates are complex

An important part of buying insurance is that you know the rating factors that play a part in calculating the rates you pay for car insurance. Knowing what determines base rates helps enable you to make changes that can help you get lower car insurance prices.

Shown below are a partial list of the pieces that factor into your rates.

  • A lapse in coverage is a bad thing – Allowing your car insurance policy to lapse will be a fast way to pay more for car insurance. Not only will rates go up, but being ticketed for driving with no insurance may earn you a license revocation or jail time.
  • Marriage brings a discount – Being married can actually save you money on your car insurance policy. Marriage usually means you are more mature and responsible and statistics show being married results in fewer claims.
  • Drive a safer car and pay less – Safer cars can get you lower premiums. Safe vehicles have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If the Mitsubishi Eclipse earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Battle of the sexes – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that men are worse drivers. Men and women cause accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations such as DWI and reckless driving.
  • Where you live can impact rates – Choosing to live in a small town can save you money when insuring your vehicles. Less people living in that area means fewer accidents and a lower car theft rate. Drivers in populated areas regularly have traffic congestion and longer commutes to work. Higher commute times means more change of being in an accident.
  • Clean credit earns discounts – Credit rating is a important factor in determining your rates. Consumers who have excellent credit tend to be less risk to insure as compared to drivers with lower ratings. If your credit history can use some improvement, you could be paying less to insure your 1996 Mitsubishi Eclipse by repairing your credit.

Tailor your coverage to you

When buying the right insurance coverage for your vehicles, there is no best way to insure your cars. Each situation is unique.

These are some specific questions could help you determine if you would benefit from an agent’s advice.

  • Are my friends covered when driving my 1996 Mitsubishi Eclipse?
  • Do I need motorclub coverage?
  • Do I have coverage for damage caused while driving under the influence?
  • Is extra glass coverage worth it?
  • How do I insure my teen driver?
  • Am I covered when driving someone else’s vehicle?
  • Does my personal policy cover me when driving out-of-state?
  • I have a DUI can I still get coverage?
  • Am I covered if hit by an uninsured driver?
  • Should I have a commercial auto policy?

If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Car insurance ads bend the truth

Car insurance providers like State Farm, GEICO and Progressive continually stream ads on television and other media. They all say the same thing about savings after switching your policy. How can each company make the same claim? It’s all in the numbers.

Insurance companies have a certain “appetite” for the driver that is profitable for them. For example, a driver they prefer might be profiled as a mature driver, has no tickets, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile will get very good rates and therefore will save a lot of money.

Potential insureds who don’t qualify for these standards will be charged more money which leads to the customer not buying. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. That’s why insurance companies can confidently advertise the way they do. That is why it is so important to get as many comparisons as possible. It is impossible to predict the company that will fit your personal profile best.

Insurance policy coverages for a Mitsubishi Eclipse

Understanding the coverages of a insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Auto liability insurance

This coverage will cover damage or injury you incur to a person or their property by causing an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims like court costs, repair bills for other people’s vehicles and structural damage. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Protection from uninsured/underinsured drivers

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your 1996 Mitsubishi Eclipse.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Medical expense insurance

Coverage for medical payments and/or PIP reimburse you for expenses like dental work, pain medications, funeral costs and rehabilitation expenses. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

Collision coverage covers damage to your Eclipse resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like backing into a parked car, damaging your car on a curb, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from flooding, rock chips in glass, hitting a deer and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Final considerations

Affordable 1996 Mitsubishi Eclipse insurance is possible online in addition to many insurance agents, and you need to price shop both in order to have the best price selection to choose from. A few companies do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

We just presented many ideas to reduce insurance prices online. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may even find the best price on insurance coverage is with the smaller companies.

When shopping online for insurance coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where consumers will sacrifice full coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy enough coverage at an affordable rate.

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