Lower Your 1998 Mitsubishi Galant Car Insurance Rates

Looking for cheaper car insurance rates for your Mitsubishi Galant? If you’re new to shopping for car insurance online, you may be overwhelmed by the sheer number of companies offering insurance.

Finding affordable coverage is not that difficult. If you currently have car insurance, you will be able to cut costs considerably using these methods. But drivers need to have an understanding of how companies compete online.

Pay less by taking advantage of discounts

Companies offering auto insurance do not list all available discounts very clearly, so here is a list some of the best known and also the lesser-known ways to save on insurance.

  • Defensive Driver – Completing a defensive driving course can save you 5% or more if you qualify.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper since new cars are generally safer.
  • Accident Waiver – A few companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
  • Discount for Swiching Early – Select companies give a discount for buying a policy prior to your current policy expiration. The savings is around 10%.
  • Military Rewards – Having a family member in the military could be rewarded with lower premiums.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Passive Restraints and Air Bags – Factory air bags can get savings of up to 25% or more.
  • Drivers Ed for Students – Have your child successfully complete driver’s ed class if it’s offered in school.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.

It’s important to understand that most discount credits are not given to your bottom line cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like you could get a free insurance policy, companies wouldn’t make money that way.

To see a list of insurance companies with discount insurance rates, click here to view.

Compare the Market for Car Insurance

There are several ways to shop for Mitsubishi Galant car insurance, but there is one way that is more efficient than others. You can waste a few hours (or days) discussing policy coverages with insurance agencies in your area, or you can utilize online quotes for quick rates.

Many insurance companies participate in an industry program where insurance shoppers enter their policy data once, and each company then returns a price quote for coverage. This saves time by eliminating quote requests to every company. To find out what other companies charge for 1998 Mitsubishi Galant insurance click here to start a free quote.

The single downside to comparing rates this way is you don’t know exactly which companies to get pricing from. If you would rather choose from a list of companies to compare, we have a page of companies who write car insurance in your area. Click here to view list.

However you get your quotes, make darn sure you compare the exact same quote information for each price quote. If your comparisons have unequal deductibles or liability limits it’s impossible to make a fair comparison for your Mitsubishi Galant. Just a small difference in coverages can make a big difference in price. Just keep in mind that quoting more will increase your chances of finding lower pricing.

Your Mitsubishi Galant insurance rate is a complex equation

Consumers need to have an understanding of some of the elements that go into determining the price you pay for insurance. Understanding what impacts premium levels empowers consumers to make smart changes that will entitle you to lower insurance prices.

Listed below are a few of the “ingredients” used by your company to calculate prices.

  • Careful drivers pay lower rates – Drivers who don’t get tickets have lower premiums than bad drivers. Even one ticket can bump up the cost twenty percent or more. Drivers with serious tickets such as DUI or reckless driving are required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to continue driving.
  • Older drivers save more – Older insureds are more responsible, tend to file fewer claims and are safer drivers. Young drivers tend to be more careless when behind the wheel therefore insurance rates are much higher.
  • Policy add-ons can waste money – There are a lot of extra coverages you can purchase on your Galant policy. Insurance for personal injury protection, better glass coverage and membership fees may be costing you every month. They may seem like a good idea initially, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Men are more aggressive – Statistics have proven that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. Men and women cause accidents at a similar rate, but the men tend to have more serious accidents. Men also statistically have more aggressive citations like reckless driving and DUI.
  • Rates may be higher depending on your occupation – Occupations like real estate brokers, business owners and financial analysts tend to have higher average rates attributed to high stress levels and long work days. Conversely, occupations like pilots, engineers and retirees receive lower rates on Galant coverage.
  • Liability coverage is peace of mind – The liability section of your policy provides coverage in the event that you are found to be at fault for damages from an accident. It provides legal defense starting from day one. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Pleasure use or commuting – The more miles you rack up on your Mitsubishi in a year’s time the higher your rates will be. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Autos not used for work or commuting receive lower rates compared to those used for work or business. If your policy improperly rates your Galant may be costing you. Ask your agent if your insurance policy is rated on how each vehicle is driven, because improper ratings can cost you money.
  • Frequent insurance claims increase rates – If you file claims often, you can look forward to either higher rates or even cancellation. Companies award cheaper rates to people who do not file claims often. Car insurance is intended for larger claims.

Your coverage should be tailored to you

When choosing coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s situation is a little different.

For example, these questions can aid in determining if your insurance needs may require specific advice.

  • Will I lose any money if I cancel my policy before it expires?
  • Does my 1998 Mitsubishi Galant qualify for pleasure use?
  • Should I file a claim if it’s only slightly more than my deductible?
  • At what point should I drop full coverage?
  • Exactly who is provided coverage by my policy?
  • What is high-risk coverage and where do I buy it?
  • What if I don’t agree with a claim settlement offer?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have coverage if my license is suspended?
  • Do I have coverage for damage caused while driving under the influence?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Specifics of your insurance policy

Having a good grasp of a insurance policy can be of help when determining the right coverages for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Liability coverage – This coverage protects you from damage or injury you incur to other’s property or people. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims like attorney fees, medical expenses, structural damage, bail bonds and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist coverage – This coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Mitsubishi Galant.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive coverage – This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a deer, theft, hail damage, damage from getting keyed and hitting a bird. The most your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as X-ray expenses, surgery and funeral costs. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

Collision – Collision coverage will pay to fix damage to your Galant caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like sideswiping another vehicle, hitting a parking meter and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Final thoughts

Insureds change insurance companies for a variety of reasons including not issuing a premium refund, poor customer service, policy cancellation or unfair underwriting practices. Regardless of your reason for switching companies, finding the right insurance coverage provider is easier than you think.

When buying insurance coverage, it’s very important that you do not skimp on coverage in order to save money. There are too many instances where someone sacrificed liability limits or collision coverage only to regret at claim time that they should have had better coverage. Your goal should be to buy the best coverage you can find at a price you can afford.

We just showed you many tips how you can save on 1998 Mitsubishi Galant insurance. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced insurance coverage comes from the smaller companies.

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