2002 Mitsubishi Eclipse Insurance Quotes – 7 Tips for Cheapest Rates

Tired of scraping the payment together to pay your car insurance bill each month? You are in the same boat as many other drivers. Companies like State Farm, Allstate, Geico and Progressive constantly blast consumers with ad campaigns and it is difficult to sift through the bull and find the best price available.

Smart consumers take time to get comparison quotes periodically since rates change quite often. Even if you got the best rates on Eclipse coverage a couple years back you can probably find a better price now. Starting right now, forget anything you know (or think you know) about car insurance because you’re going to get a crash course in how to quote online to remove unneeded coverages and save money.

If you have a policy now or need new coverage, you can use this information to reduce the price you pay while maximizing coverage. Choosing the best insurance company for you is not that difficult. Vehicle owners only need to know the proper methods to compare rates over the internet.

Are you getting all your discounts?

Car insurance companies don’t always publicize every available discount very clearly, so we researched some of the best known and the harder-to-find ways to save on insurance coverage. If you’re not getting every credit available, you are throwing money away.

  • Seat Belts Save – Requiring all passengers to wear their seat belts can save 10% or more off the personal injury premium cost.
  • Military Discounts – Being deployed with a military unit may qualify for rate reductions.
  • Sign Online – Certain companies will discount your bill up to fifty bucks just for signing your application over the internet.
  • Early Switch Discount – A few companies offer discounts for signing up before your current expiration date. It’s a savings of about 10%.
  • Good Student – This discount can get you a discount of up to 25%. The discount lasts up until you turn 25.
  • Passive Restraints – Vehicles with factory air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more on Eclipse coverage than drivers with accident claims.

A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky.

For a list of insurance companies who offer insurance coverage discounts, click this link.

Comparison of Insurance Coverage

Getting a cheaper price on 2002 Mitsubishi Eclipse insurance can be surprisingly simple. All that’s required is to spend a little time to compare rate quotes online with multiple companies. It is quite easy and can be accomplished in a couple of different ways.

  • One of the simplest ways to get quotes would be an industry-wide quote request form click here to open form in new window. This easy form saves time by eliminating boring form submissions for every insurance coverage company. Just one form gets rate comparisons from multiple companies.
  • Another way to get quotes online is to manually visit the website of each company and complete a new quote form. For examples sake, let’s say you want rates from Farmers, Esurance and Travelers. To get rate quotes you would need to take the time to go to each site to enter your coverage information, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

It doesn’t matter which method you choose, just ensure you are comparing the exact same information for each comparison quote. If each company quotes different liability limits you will not be able to truly determine the lowest rate.

Tailor your coverage to you

When choosing the right insurance coverage, there is no best way to insure your cars. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions can help discover whether you could use an agent’s help.

  • Can I make deliveries for my home business?
  • Do all my vehicles need collision coverage?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • How can I find cheaper teen driver insurance?
  • Do I have coverage when using my vehicle for my home business?
  • Is a fancy paint job covered?
  • When should my teen driver be added to my policy?
  • Is borrowed equipment or tools covered if stolen or damaged?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.

Switch companies and save? Really?

Consumers constantly see and hear ads for the lowest price auto insurance by Allstate and Progressive. They all seem to have a common claim about savings after switching to their company.

How does each company claim to save you money?

Different companies can use profiling for the driver that earns them a profit. For example, a preferred risk might be profiled as between 25 and 40, has no prior claims, and has a high credit rating. A propective insured who fits that profile will get the preferred rates and is almost guaranteed to save when they switch companies.

Potential insureds who don’t measure up to the requirements will be quoted a higher premium which leads to business not being written. The ad wording is “drivers who switch” but not “drivers who get quotes” save that kind of money. That’s why insurance companies can confidently claim big savings. This emphasizes why it’s extremely important to get as many quotes as possible. You cannot predict the company that will provide you with the cheapest Mitsubishi Eclipse insurance rates.

Educate yourself about insurance coverages

Having a good grasp of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are typical coverage types found on the average insurance policy.

Collision coverage protection

This pays for damage to your Eclipse caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like scraping a guard rail, crashing into a ditch, hitting a parking meter, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like a broken windshield, damage from flooding, vandalism, a tree branch falling on your vehicle and rock chips in glass. The highest amount 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 it’s probably time to drop comprehensive insurance.

Coverage for liability

This provides protection from injuries or damage you cause to people or other property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as loss of income, attorney fees, bail bonds, court costs and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 2002 Mitsubishi Eclipse.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for bills like EMT expenses, funeral costs, dental work, hospital visits and nursing services. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Pennies from heaven

When trying to cut insurance costs, don’t be tempted to buy poor coverage just to save money. In many cases, someone sacrificed liability limits or collision coverage and learned later they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

You just learned many tips how you can shop for 2002 Mitsubishi Eclipse insurance online. The key thing to remember is the more companies you get rates for, the better your comparison will be. You may be surprised to find that the most savings is with an unexpected company. They often have lower prices on specific markets than their larger competitors like Allstate or State Farm.

The cheapest insurance is possible online as well as from independent agents, and you should be comparing both in order to have the best price selection to choose from. Some companies don’t offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

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