2010 Mitsubishi Lancer Evolution Car Insurance Rates – 7 Ideas for Best Quotes

Want lower insurance coverage rates for your Mitsubishi Lancer Evolution? Are you a victim of high-priced insurance coverage? Trust us, there are many people just like you.

You have multiple insurance companies to insure vehicles with, and although it’s nice to have a selection, lots of choices makes it harder to find the best rates.

Buying car insurance is quite easy. Just about every vehicle owner who is required by state law to have car insurance should be able to lower their premiums. Nevertheless, consumers need to have an understanding of the way companies price insurance differently and take advantage of how the system works.

Do you qualify for these seven discounts?

Auto insurance companies do not advertise all available discounts in an easy-to-find place, so we break down some of the more common as well as the least known discounts you could be receiving.

  • Homeowners Pay Less – Simply owning a home may trigger a insurance coverage policy discount because of the fact that having a home is proof that your finances are in order.
  • Accident Free – Drivers who don’t have accidents pay much less when compared with drivers who are more careless.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
  • Safety Course Discount – Successfully completing a driver safety course could save 5% or more if you qualify.
  • Auto/Home Discount – When you have multiple policies with the same company you will save up to 20% off your total premium.
  • Save over 55 – Mature drivers may qualify for a small decrease in premiums for Lancer Evolution coverage.
  • Pay Upfront and Save – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.

It’s important to understand that most credits do not apply to the entire policy premium. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like all those discounts means the company will pay you, companies wouldn’t make money that way.

Car insurance companies that may have these money-saving discounts are:

Double check with each company which discounts they offer. Savings may not apply everywhere.

Compare the Market for Insurance Coverage

When shopping for insurance coverage there are multiple ways to compare rate quotes from different insurance companies. The best method to find the cheapest 2010 Mitsubishi Lancer Evolution insurance rates is to perform an online rate comparison. This can be accomplished using a couple different methods.

  1. The best way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This easy form saves time by eliminating a different quote for each company. In just a few minutes this one form will get you rate comparisons from multiple low-cost companies.
  2. A different way to get comparison quotes is to take the time to go to the website for each individual company and complete a new quote form. For instance, we’ll pretend you want to compare Progressive, Safeco and State Farm. To find out each rate you need to take the time to go to each site to enter your coverage information, which is why the first method is more popular.

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

However you get your quotes, make absolute certain that you use apples-to-apples quote information with every price quote. If the quotes have unequal deductibles or liability limits it’s impossible to determine the best price for your Mitsubishi Lancer Evolution. Slightly different coverages may result in large price differences. Just keep in mind that comparing more company’s prices provides better odds of finding the best price.

Don’t assume everyone needs the same coverage

When buying coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. For example, these questions may help highlight whether or not you may require specific advice.

  • What vehicles should carry emergency assistance coverage?
  • What if I total my 2010 Mitsubishi Lancer Evolution and owe more than it’s worth?
  • Should I have combined single limit or split liability limits?
  • Am I insured when driving a different vehicle?
  • Does my insurance cover my expensive audio equipment?
  • How high should deductibles be on a 2010 Mitsubishi Lancer Evolution?
  • How much underlying liability do I need for an umbrella policy?
  • When would I need additional glass coverage?
  • What discounts do I qualify for?

If you don’t know the answers to these 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, fill out this quick form or go to this page to view a list of companies.

Can you really save $421 a year?

Companies like State Farm, Allstate and Geico consistently run television and radio advertisements. All the ads say the same thing that you’ll save big if you change your policy. How does each company say the same thing? This is how they do it.

Insurance companies have a certain “appetite” for the type of customer that earns them a profit. A good example of a desirable insured could be between 25 and 40, insures multiple vehicles, and has great credit. A propective insured who fits that profile receives the best rates and therefore will save when they switch companies.

Potential customers who don’t meet the “perfect” profile will have to pay more money which usually ends up with the driver buying from a lower-cost company. Company advertisements say “customers who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can confidently state the savings. Because of the profiling, you absolutely need to get a wide range of price quotes. It’s impossible to know the company that will have the lowest Mitsubishi Lancer Evolution insurance rates.

Insurance coverage options for a 2010 Mitsubishi Lancer Evolution

Understanding the coverages of your policy helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on the average insurance policy.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as falling objects, damage from getting keyed, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision insurance

This coverage pays for damage to your Lancer Evolution resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as crashing into a building, colliding with a tree, scraping a guard rail and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

UM/UIM Coverage

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 2010 Mitsubishi Lancer Evolution.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical costs insurance

Med pay and PIP coverage pay for bills like chiropractic care, prosthetic devices, X-ray expenses and pain medications. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Liability

Liability coverage can cover damage or injury you incur 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 policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims like legal defense fees, court costs, repair costs for stationary objects, repair bills for other people’s vehicles and loss of income. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

In Summary

When shopping online for insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, an insured cut comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. Your aim should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

We just presented many tips how you can reduce 2010 Mitsubishi Lancer Evolution insurance prices online. The key thing to remember is the more rate quotes you have, the better your comparison will be. You may be surprised to find that the best price on insurance coverage is with a smaller regional carrier. Some small companies may often insure only within specific states and give getter rates compared to the large companies like State Farm, Geico and Nationwide.

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