2011 Mitsubishi Lancer Evolution Car Insurance Rates

Trying to find the cheapest auto insurance rates for your Mitsubishi Lancer Evolution? Are you sick and tired of being strong-armed to buy car insurance? You’re in the same situation as many other consumers.

With consumers having so many options when it comes to auto insurance, it’s nearly impossible to pick the best provider.

It is always a good idea to shop coverage around before your policy renews since rates change frequently. Just because you found the best deal for Lancer Evolution insurance six months ago a different company probably has better rates today. Don’t believe everything you read about auto insurance on the internet, so I’m going to show you the easiest ways to put money back in your pocket.

Finding the best rates is not that difficult. Basically, every vehicle owner who has to buy insurance coverage stands a good chance to be able to reduce their rates. Although drivers can benefit by having an understanding of how big insurance companies market insurance on the web and apply this information to your search.

Factors that can influence insurance rates for a Mitsubishi Lancer Evolution

Smart consumers have a good feel for the rating factors that play a part in calculating the price you pay for auto insurance. Understanding what determines base rates enables informed choices that could result in much lower annual insurance costs.

  • With age comes lower rates – Teenage drivers tend to be less responsible when behind the wheel so auto insurance rates are higher. Older insureds tend to be more responsible, statistically cause fewer accidents and are safer drivers.
  • Marriage pays dividends – Getting married actually saves money on auto insurance. Having a significant other translates into being more mature and statistics show drivers who are married are more cautious.
  • Low deductibles can be expensive – Deductibles for physical damage define the amount you are required to spend before a claim is paid by your company. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Examples of covered claims would be running into the backend of another car, damage caused by hail, or theft. The more money you’re willing to pay, the bigger discount you will receive for Lancer Evolution insurance.
  • Do you work long hours in a high stress job? – Did you know that where you work can have an impact on rates? Occupations such as real estate brokers, business owners and dentists tend to have the highest average rates due to job stress and long work days. Other occupations such as pilots, historians and homemakers receive lower rates for Lancer Evolution insurance.

Save big with these discounts

Auto insurance companies don’t always publicize every discount very clearly, so we took the time to find some of the best known and the harder-to-find savings tricks you should be using.

  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • No Claims – Good drivers with no accidents can earn big discounts as compared to bad drivers.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
  • Safe Driver Discount – Drivers who avoid accidents may save up to 50% more for Lancer Evolution insurance than drivers with accident claims.
  • Discount for New Cars – Insuring a new car is cheaper compared to insuring an older model.
  • One Accident Forgiven – A few companies will allow you to have one accident before your rates go up as long as you don’t have any claims for a particular time prior to the accident.

It’s important to understand that most discounts do not apply to the entire policy premium. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like you could get a free car insurance policy, it just doesn’t work that way.

Insurance companies that may offer these money-saving discounts include:

It’s a good idea to ask every prospective company which discounts they offer. Savings might not apply in your state.

Auto insurance myths debunked

Companies like Allstate and Progressive continually stream ads on TV and radio. All the ads say the same thing of big savings after switching to their company. How does each company claim to save you money? It’s all in the numbers.

All the different companies can use profiling for the type of customer that earns them a profit. For example, a desirable insured might be profiled as between 25 and 40, insures multiple vehicles, and has great credit. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and most likely will save when switching.

Potential insureds who do not match the “perfect” profile must pay a more expensive rate which leads to the driver buying from a lower-cost company. The ads state “customers that switch” but not “drivers who get quotes” save that much. That’s why insurance companies can confidently claim big savings. This illustrates why drivers should compare as many rates as you can. It’s impossible to know which insurance companies will give you the biggest savings on Mitsubishi Lancer Evolution insurance.

But I don’t know anything about car insurance

When buying the best insurance coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that can aid in determining whether you might need professional guidance.

  • Is my teenager covered with friends in the car?
  • What vehicles should carry emergency assistance coverage?
  • Does my insurance cover my expensive audio equipment?
  • Can I get a multi-policy discount?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my camper covered by my car insurance policy?

If you can’t answer these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Car insurance coverages for a 2011 Mitsubishi Lancer Evolution

Knowing the specifics of car insurance can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverages found on most car insurance policies.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Mitsubishi Lancer Evolution.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision – Collision coverage pays for damage to your Lancer Evolution resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a ditch, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive or Other Than Collision – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hail damage, hitting a bird, damage from getting keyed and rock chips in glass. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for rehabilitation expenses, nursing services, EMT expenses, doctor visits and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability – Liability coverage can cover damages or injuries you inflict on people or other property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of 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 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things such as emergency aid, funeral expenses, repair bills for other people’s vehicles and attorney fees. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Final considerations

Affordable 2011 Mitsubishi Lancer Evolution insurance is possible online and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. Some insurance providers may not provide the ability to get a quote online and these small insurance companies work with independent agents.

We just presented quite a bit of information on how to lower your insurance rates. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. You may be surprised to find that the biggest savings come from the smaller companies. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate or State Farm.

More information is available on the following sites: