Cheaper 1998 Mitsubishi Mirage Car Insurance Cost

Want the cheapest insurance rates for your Mitsubishi Mirage? Have you had enough of not being able to afford each month for car insurance? Your situation is no different than many other consumers. Big companies like Geico, Progressive and Allstate all claim big savings, bombarding you with ads and consumers find it hard to see through the deception and effectively compare rates to find the best deal.

It’s a good habit to shop coverage around before your policy renews due to the fact that insurance rates are variable and change quite frequently. Even if you think you had the best rates for Mirage coverage two years ago the chances are good that you can find a lower rate today. Don’t believe everything you read about insurance on the web, but I’m going to show you some good information on how to find affordable insurance.

If you have insurance now or are just looking to switch companies, you can use these tips to shop for the lowest rates while maximizing coverage. Buying car insurance is not that difficult. Consumers just need to know how to shop for insurance online.

Factors that can influence insurance rates for a Mitsubishi Mirage

It’s important that you understand the different types of things that go into determining the rates you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that could result in big savings.

  • Frequent auto insurance claims increase rates – Insurance companies award discounts to people who file claims infrequently. If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Auto insurance is designed for larger claims.
  • Bad driving skills means higher rates – Good drivers have lower premiums compared to drivers with tickets. Even a single speeding ticket can increase rates twenty percent or more. Drivers who get flagrant violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
  • Big city or small town – Being located in less populated areas can save you money when buying auto insurance. Fewer people means a lower chance of having an accident as well as less vandalism and auto theft. Drivers who live in large cities tend to have traffic congestion and a longer drive to work. Longer commute distances can result in more accidents.
  • High crash test scores lower rates – Vehicles with good safety scores are cheaper to insure. The safest vehicles result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims passed on to you as lower rates. If your Mitsubishi Mirage earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
  • How credit affects auto insurance rates – Having a bad credit rating is a large factor in your rate calculation. Consumers who have high credit ratings tend to be less risk to insure than drivers who have lower ratings. So if your credit score can use some improvement, you could save money insuring your 1998 Mitsubishi Mirage by improving your rating.

Save on Mitsubishi Mirage insurance

Insuring your fleet can be pricey, but companies offer discounts to cut the cost considerably. Certain discounts will be applied when you complete an application, but some must be specifically requested before you will receive the discount. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Federal Employees – Simply working for the federal government can earn a discount up to 10% for Mirage coverage with certain companies.
  • Good Student – Performing well in school can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Passive Restraints – Cars that have air bags or motorized seat belts may earn rate discounts up to 30%.
  • College Student – Kids in college who are attending college and do not have a car can be insured at a reduced rate.
  • Homeowners Pay Less – Owning a house may earn you a small savings because of the fact that having a home is proof that your finances are in order.

It’s important to understand that many deductions do not apply to the entire cost. A few only apply to specific coverage prices like medical payments or collision. So when it seems like you can get free auto insurance, you’re out of luck. Any amount of discount will help reduce your overall premium however.

Insurance companies that possibly offer these benefits include:

Before buying, ask all companies you are considering which discounts you may be entitled to. Some discounts may not apply in your area.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions can aid in determining whether or not you will benefit from professional help.

  • Are there companies who specialize in insuring high-risk drivers?
  • What is the ISO rating for a 1998 Mitsubishi Mirage?
  • When do I need to add a new car to my policy?
  • Should I have combined single limit or split liability limits?
  • Are my tools covered if they get stolen from my vehicle?
  • Is my nanny covered when driving my vehicle?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Insurance coverage basics

Knowing the specifics of a insurance policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverages found on most insurance policies.

Comprehensive protection

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from getting keyed, a tree branch falling on your vehicle, damage from a tornado or hurricane and vandalism. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical expense coverage

Med pay and PIP coverage kick in for expenses like rehabilitation expenses, EMT expenses and doctor visits. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Auto collision coverage

This coverage pays for damage to your Mirage from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like sustaining damage from a pot hole, sideswiping another vehicle, driving through your garage door, crashing into a building and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your 1998 Mitsubishi Mirage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these coverages are set the same as your liablity limits.

Liability coverage

This coverage provides protection from damage or injury you incur to a person or their property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like repair bills for other people’s vehicles, medical expenses, funeral expenses, medical services and attorney fees. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

More quotes mean more savings

The cheapest 1998 Mitsubishi Mirage insurance is possible on the web and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. There have been many cases where someone dropped liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. Your focus should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

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