How Much Does 2010 Mitsubishi Lancer Car Insurance Cost?

Searching for affordable auto insurance on the web can seem to be somewhat difficult for beginners to online price comaprisons. With such a large number of online companies available, how can drivers have a chance to compare them all to find the best price?

If you have car insurance now, you should be able to cut costs considerably using these methods. Pricing affordable coverage can be fairly easy. Although consumers do need to know the methods companies use to sell online.

Which Car Insurance is Cheapest?

Comparing car insurance rates can be exhausting if you aren’t aware of the easiest way. You can spend your afternoon discussing policy coverages with local insurance agents in your area, or you could save time and use online quoting to maximize your effort.

Most car insurance companies participate in a marketplace that allows shoppers to complete one form, and each company returns a competitive quote based on that information. This system prevents you from having to do quote requests to each individual car insurance company.

To fill out one form to compare multiple rates now click to open in new window.

The one downside to doing it this way is you cannot specify which insurance companies you want to price. If you would rather choose specific providers to compare prices, we have a page of companies who write car insurance in your area. Click to view list.

It’s up to you which method you use, but compare the exact same deductibles and coverage limits for each price quote. If you have higher or lower deductibles it will be very difficult to make a fair comparison for your Mitsubishi Lancer. Just a small difference in coverage limits could mean much higher rates. Just keep in mind that obtaining a wide range of quotes gives you a better chance of getting the best price.

Are you getting all your discounts?

Auto insurance companies do not advertise every discount very well, so we took the time to find both well-publicized and also the lesser-known ways to save on auto insurance.

  • Discounts for Safe Drivers – Safe drivers may receive a discount up to 45% less for Lancer coverage than drivers with accident claims.
  • Accident Free – Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Good Students Pay Less – Getting good grades can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Accident Forgiveness – A few companies allow you one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
  • Senior Discount – Older drivers may qualify for better auto insurance rates for Lancer coverage.
  • Sign Early and Save – Select companies give a discount for buying a policy prior to your current policy expiring. It can save you around 10%.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Paperless Signup – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up online.

It’s important to note that some of the credits will not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Just because you may think you can get free auto insurance, you won’t be that lucky.

For a list of providers who offer auto insurance discounts, click here to view.

Mitsubishi Lancer premiums are determined by many factors

Smart consumers have a good feel for the different types of things that go into determining your car insurance rates. Having a good understanding of what influences your rates enables informed choices that may reward you with much lower annual insurance costs.

  • Never let your coverage lapse – Driving your car without having proper coverage is illegal and car insurance companies will penalize you for letting your coverage lapse. Not only will rates go up, failure to provide proof of insurance may earn you a revoked license or a big fine.
  • Bundling policies can get discounts – Many insurance companies provide better rates to customers who have multiple policies with them. It’s known as a multi-policy discount. This can amount to 10 percent or more. If you currently are using one company, it’s in your best interest to compare rates to ensure the best deal. You may still find better rates by buying car insurance from a different company.
  • Lower deductibles cost more – Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your Mitsubishi. A few examples of covered claims are a windshield shattered by a rock, vandalism, and burglary. Your deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more expense you have to pay, the less your company will charge you for insurance for Lancer coverage.
  • How your age affects price – Young drivers have a tendency to be more careless when behind the wheel so car insurance rates are higher. Older insureds are viewed as being more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • High numbers of claims are not good – If you file claims often, you can pretty much guarantee higher rates. Insurance companies provide lower rates to policyholders who do not file claims often. Insurance coverage is meant to be used in the event of the large, substantial claims.

Tailor your coverage to you

When buying adequate coverage for your vehicles, there really is no “best” method to buy coverage. Each situation is unique.

These are some specific questions might point out if your insurance needs will benefit from professional help.

  • How does medical payments coverage work?
  • Do I have newly-aquired coverage?
  • What is medical payments coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Can I still get insurance after a DUI?
  • Am I covered when driving a rental car?
  • When does my teenage driver need to be added to my policy?
  • Should I put collision coverage on all my vehicles?
  • Can I rent a car in Mexico?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form.

Save $450 a year. For real?

Progressive, Allstate and Geico continually stream ads on TV and radio. All the companies have a common claim about savings after switching to their company. How do they all make the same claim? This is how they do it.

All companies are able to cherry pick for the type of driver that is profitable for them. For instance, a preferred risk might be profiled as over the age of 50, a clean driving record, and has great credit. A propective insured who fits that profile will get very good rates and therefore will pay quite a bit less when switching companies.

Potential customers who are not a match for the requirements will have to pay higher premiums and ends up with business going elsewhere. The ads say “people who switch” not “everybody who quotes” save that much. This is how insurance companies can advertise the way they do. Because of the profiling, drivers must quote coverage with many companies. You cannot predict which insurance companies will fit your personal profile best.

Auto insurance coverages 101

Understanding the coverages of auto insurance can help you determine the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Auto collision coverage

This will pay to fix damage to your Lancer from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as driving through your garage door, hitting a parking meter, crashing into a ditch, damaging your car on a curb and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, fire damage and damage from flooding. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like prosthetic devices, EMT expenses, rehabilitation expenses and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Liability coverage

Liability coverage can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability insurance covers things such as attorney fees, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Mitsubishi Lancer.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Make a quick buck

Drivers change insurance companies for a variety of reasons including extreme rates for teen drivers, an unsatisfactory settlement offer, lack of trust in their agent and even delays in responding to claim requests. Regardless of your reason, choosing a new insurance company is easier than you think.

When shopping online for insurance, it’s very important that you do not buy poor coverage just to save money. There have been many cases where someone sacrificed liability limits or collision coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

We just covered a lot of techniques to save on 2010 Mitsubishi Lancer insurance. It’s most important to understand that the more price quotes you have, the better your comparison will be. Consumers could even find that the most savings is with the smaller companies.

More detailed insurance information is located by following these links: