Searching for lower auto insurance rates for your Mitsubishi Lancer Evolution? Feel like you’re a prisoner to overpriced auto insurance? Believe me when I say many consumers feel financially strained by their auto insurance policy. Many auto insurance companies compete for your business, and because of this it can be hard to compare insurance companies to find the cheapest price
If you have a current auto insurance policy or need new coverage, you will benefit by learning to shop for the lowest rates and still get good coverage. Choosing the best insurance company for you is quite easy. Vehicle owners just need to know the proper methods to compare company rates online.
Shopping for lower car insurance rates can be a lot of work if you don’t know the most efficient way to do it. You can waste hours discussing policy coverages with agents in your area, or you could use online quotes to get the quickest rates.
Many insurance companies participate in a marketplace that enables customers to submit their information once, and each company provides a quote based on the submitted data. This prevents consumers from doing quotation requests to each company.
To use this form to compare 2006 Mitsubishi Lancer Evolution insurance rates click here to open in new window.
One minor caviat to using this type of system is you can’t choose the insurers to get pricing from. So if you want to choose from a list of companies to request quotes from, we have a page of low cost car insurance companies in your area. Click here for list of insurance companies.
Whichever method you choose, ensure you’re using apples-to-apples deductibles and coverage limits for every quote you compare. If the quotes have unequal deductibles or liability limits you can’t possibly make an equal comparison.
Properly insuring your vehicles can get expensive, but there could be available discounts to help offset the cost. Certain discounts will be applied when you get a quote, but less common discounts must be specially asked for in order for you to get them. If you don’t get every credit available, you’re just leaving money on the table.
As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most cut specific coverage prices like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any qualifying discounts will bring down your premiums.
A partial list of companies that may offer these discounts include:
It’s a good idea to ask each insurance company which discounts they offer. Savings may not be available everywhere.
When it comes to buying the best car insurance coverage, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that might help in determining if your insurance needs would benefit from professional advice.
If you’re not sure about those questions but you think they might apply to your situation, you might consider 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 only takes a few minutes and you can get the answers you need.
Understanding the coverages of your policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are the normal coverages available from insurance companies.
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Mitsubishi Lancer Evolution.
Because many people 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 important protection for you and your family. Most of the time these coverages are set the same as your liablity limits.
Auto liability insurance – Liability insurance can cover injuries or damage you cause to a person or their property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.
Liability can pay for claims such as loss of income, bail bonds and repair costs for stationary objects. How much coverage you buy is up to you, but consider buying as large an amount as possible.
Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like pain medications, ambulance fees and nursing services. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states 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 OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as fire damage, hail damage and theft. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Collision – This coverage pays for damage to your Lancer Evolution resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like crashing into a ditch, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.