Cheap 2002 Mitsubishi Montero Car Insurance Rates

Trying to find the cheapest auto insurance rates for your Mitsubishi Montero? Are you tired of robbing Peter to pay Paul to pay your car insurance bill each month? You’re in the same situation as many other drivers.

Companies like Allstate and Progressive all claim big savings with fancy advertisements and consumers find it hard to sift through the bull and effectively compare rates to find the best deal.

It’s a great practice to shop coverage around periodically because insurance rates are variable and change quite frequently. Just because you found the lowest price for Montero insurance six months ago you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn how to quote online to reduce your cost while improving coverage.

Fast and Easy Insurance Coverage Quotes

Performing a rate comparison can take time and effort if you don’t utilize the most efficient way. You can waste a lot of time driving to insurance companies in your area, or you could use the web to get rate comparisons in just a few minutes.

Many insurance companies belong to an insurance system where prospective buyers submit their information once, and each participating company provides a quote based on that data. This saves time by eliminating quotation requests to each individual insurance coverage company.

To find out what other companies charge for 2002 Mitsubishi Montero insurance click here (opens in new window).

One minor caviat to comparing rates this way is buyers cannot specifically choose the insurers you want to price. So if you want to choose individual companies to compare prices, we have a page of companies who write insurance coverage in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just be sure to compare apples-to-apples information with each company. If you are comparing different limits and deductibles on each one you will not be able to find the best deal for your Mitsubishi Montero. Quoting even small variations in coverage limits can result in a big premium difference. And when comparing insurance coverage rates, know that comparing more company’s prices helps you find the best rates.

You probably qualify for some discounts

Insuring your fleet can be pricey, but there could be available discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time you complete a quote, but less common discounts must be specifically requested before you will receive the discount.

No Charge for an Accident – Some insurance companies will allow you to have one accident without raising rates if your claims history is clear for a particular time prior to the accident.
Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
Seat Belts Save – Drivers who require all occupants to use a seat belt can save up to 15% off your PIP or medical payments premium.
Defensive Driver – Taking a course teaching defensive driving skills could save 5% or more and easily recoup the cost of the course.
Own a Home – Simply owning a home may earn you a small savings due to the fact that maintaining a home shows financial diligence.
Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% for Montero insurance with select insurance companies.
More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy could earn a price break for each car.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will help reduce your overall premium however.

To see a list of companies who offer car insurance discounts, click here.

There’s no such thing as the perfect policy

When it comes to buying adequate coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions might help in determining if your situation will benefit from professional help.

How many claims can I have before being cancelled?
Should I put collision coverage on all my vehicles?
Which is better, split liability limits or combined limits?
Am I covered when driving a rental car?
Is my vehicle covered by my employer’s policy when using it for work?
Does car insurance cover theft of personal property?
Am I covered when pulling a rental trailer?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Auto insurance 101

Knowing the specifics of insurance can help you determine which coverages you need for your vehicles. Insurance terms can be confusing and reading a policy is terribly boring. Shown next are typical coverages found on most insurance policies.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like hitting a deer, fire damage, hail damage, rock chips in glass and vandalism. The most a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability

Liability insurance protects you from injuries or damage you cause to a person or their property that is your fault. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as funeral expenses, medical services and medical expenses. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for surgery, ambulance fees and funeral costs. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Mitsubishi Montero.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

Auto collision coverage

This coverage covers damage to your Montero resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, hitting a parking meter, colliding with a tree, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.