Compare 1998 Mitsubishi Montero Insurance Quotes

Want lower insurance rates for your Mitsubishi Montero? Trying to find low-cost insurance for your Mitsubishi Montero could be difficult, but you can learn the following methods to save time.

There are more efficient ways to compare insurance rates and you need to know the proper way to compare rates on a Mitsubishi and find the lowest price from both online companies and local agents.

If you have a current insurance coverage policy or need a new policy, you will benefit by learning to get lower rates and still get good coverage. Pricing the cheapest coverage can be fairly easy. Drivers just need to understand the tricks to compare rates online.

How to Buy Car Insurance Online

Comparing car insurance rates can be a daunting task if you aren’t aware of the best way to get rate quotes. You could spend the better part of a day discussing policy coverages with local insurance agents in your area, or you can stay home and use online quotes for quick rates.

Many insurance companies participate in a marketplace that allows shoppers to send in one quote, and each participating company returns a competitive quote based on that information. This saves time by eliminating quote requests for every car insurance company. To fill out one form to compare multiple rates now click to open in new window.

The single downside to pricing coverage this way is that consumers can’t choose which carriers to get quotes from. So if you prefer to pick from a list of companies for rate comparison, we have assembled a list of the cheapest car insurance companies in your area. Click to view list.

It’s up to you which method you use, but be sure to compare identical coverage information on every quote. If you are comparing higher or lower deductibles it’s not possible to determine the best price for your Mitsubishi Montero.

Save $399 a year? Really?

Drivers constantly see and hear ads that promise big savings by State Farm and Allstate. All the ads say the same thing that you’ll save big if you move to their company.

How do they all say the same thing? It’s all in the numbers.

Insurance companies have a preferred profile for the type of driver that makes them money. For example, a desirable insured could possibly be between 25 and 40, insures multiple vehicles, and has a short commute. A customer getting a price quote who matches those parameters will get very good rates and therefore will cut their rates substantially.

Potential customers who do not match the requirements must pay a higher premium and this can result in business not being written. The ads state “customers who switch” but not “drivers who get quotes” save money. This is how insurance companies can claim big savings.

This illustrates why drivers must compare as many rates as you can. You cannot predict which company will have the lowest Mitsubishi Montero insurance rates.

Pieces of the Mitsubishi Montero insurance rate puzzle

It’s important that you understand the factors that play a part in calculating car insurance rates. Having a good understanding of what influences your rates allows you to make educated decisions that could result in lower car insurance prices.

  • Credit scores impact car insurance rates – A driver’s credit rating is a big factor in your rate calculation. People with high credit scores tend to be more responsible as compared to drivers with poor credit. Therefore, if your credit score can use some improvement, you could save money insuring your 1998 Mitsubishi Montero by improving your rating.
  • Little extras can really add up – There are a lot of extra coverages that can waste your money when buying car insurance. Insurance for rental car reimbursement, accident forgiveness and membership fees are some examples. They may seem good when talking to your agent, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Lower rates with optional equipment – Owning a car that has an advanced theft prevention system can save you a little every year. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
  • High numbers of claims are not good – Car insurance companies provide discounts to policyholders who are claim-free. If you are a frequent claim filer, you can expect higher rates. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Do you qualify for a multi-policy discount? – Many companies will give a discount to customers who buy several policies from them. It’s known as a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, you may still want to shop around to ensure the best deal. You may still find better rates by buying insurance from more than one company.

Do you qualify for discounts?

Car insurance is not cheap, but discounts can save money and there are some available that can drop the cost substantially. Certain discounts will be triggered automatically when you complete an application, but a few need to be inquired about before you will receive the discount. If you don’t get every credit possible, you’re just leaving money on the table.

  • New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less on Montero insurance than less cautious drivers.
  • Theft Prevention System – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.

Consumers should know that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears you can get free auto insurance, it just doesn’t work that way. But any discount will bring down the cost of coverage.

To see a list of insurers offering insurance discounts, click here to view.

Don’t assume everyone needs the same coverage

When buying the best auto insurance coverage for your personal vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions may help highlight whether you might need an agent’s assistance.

  • Am I covered if I wreck a rental car?
  • Should I buy more coverage than the required minimum liability coverage?
  • Does having multiple vehicles earn me a discount?
  • Do all my vehicles need collision coverage?
  • Should I have a commercial auto policy?
  • Can my babysitter drive my car?
  • Does insurance cover tools stolen from my truck?
  • What is PIP insurance?
  • Is pleasure use cheaper than using my 1998 Mitsubishi Montero to commute?
  • Do I need rental car coverage?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and may give you better protection.

Insurance coverages explained

Knowing the specifics of your policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Mitsubishi Montero.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are similar to your liability insurance amounts.

Coverage for liability – This can cover damage that occurs to a person or their property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like repair bills for other people’s vehicles, repair costs for stationary objects, pain and suffering, court costs and attorney fees. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for nursing services, pain medications, doctor visits and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, hail damage, theft, hitting a deer and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision – This covers damage to your Montero caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with another moving vehicle, sideswiping another vehicle, hitting a parking meter and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Buy online or local, you save

Cheap 1998 Mitsubishi Montero insurance is possible online as well as from independent agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who don’t offer the ability to get a quote online and these small insurance companies work with independent agents.

When buying insurance coverage, make sure you don’t skimp on coverage in order to save money. There have been many cases where someone dropped liability limits or collision coverage only to regret at claim time they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage at the best price while not skimping on critical coverages.

You just read many ideas to compare insurance prices online. The key concept to understand is the more providers you compare, the higher your chance of finding lower rates. You may even find the biggest savings come from the smaller companies.

More detailed auto insurance information can be read by following these links: