Save on 2014 Mitsubishi i-MiEV Insurance Quotes

Consumers have a choice when looking for the lowest priced Mitsubishi i-MiEV insurance. You can either waste hours contacting agents to compare prices or use the internet to get rate quotes. There is a better way to find auto insurance online so you’re going to learn the quickest way to price shop coverage for a Mitsubishi and find the cheapest rates from local insurance agents and online providers.

How to reduce Mitsubishi i-MiEV insurance rates

Auto insurance companies don’t always advertise all their discounts in an easy-to-find place, so we took the time to find some of the best known and also the lesser-known savings tricks you should be using. If they aren’t giving you every credit possible, you are throwing money away.

  • Defensive Driver – Taking a course teaching defensive driving skills can save you 5% or more if you qualify.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Mitsubishi can earn better rates on cars that stay parked.
  • Federal Employees – Active or retired federal employment may qualify you for a discount on i-MiEV coverage with select insurance companies.
  • Life Insurance Discount – Select insurance companies reward you with lower rates if you buy life insurance.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
  • Discount for Swiching Early – Some companies give discounts for buying a policy before your current policy expires. The savings is around 10%.
  • One Accident Forgiven – Certain companies will allow you to have one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
  • New Vehicle Savings – Insuring a new car can save up to 30% compared to insuring an older model.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off your PIP or medical payments premium.
  • Homeowners Pay Less – Simply owning a home can help you save on car insurance due to the fact that maintaining a home requires personal responsibility.

Keep in mind that some of the credits will not apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because you may think having all the discounts means you get insurance for free, car insurance companies aren’t that generous.

For a list of insurers with the best car insurance discounts, click here to view.

Compare Quotes for Insurance

There are a lot of ways to compare insurance quotes, and some are less labor-intensive and much quicker. You can waste hours talking to local insurance agents in your area, or you can stay home and use the web to get rate comparisons in just a few minutes.

Many insurance companies enroll in a system where insurance shoppers submit their information once, and each participating company can give them a price. This saves time by eliminating form submissions for each company. To compare 2014 Mitsubishi i-MiEV rates using this form now click here to start a free quote.

The one downside to getting quotes like this is you cannot specify the insurers you want pricing from. So if you want to choose individual companies to request quotes from, we have a listing of companies who write insurance in your area. View list of insurance companies.

It doesn’t matter which method you choose, just be sure to compare apples-to-apples deductibles and coverage limits with each company. If the quotes have mixed coverages it’s not possible to truly determine the lowest rate.

What determines your Mitsubishi i-MiEV insurance premium

Consumers need to have an understanding of the different types of things that go into determining your car insurance rates. When you know what positively or negatively determines base rates allows you to make educated decisions that can help you get better car insurance rates.

Listed below are some of the factors companies use to determine your rates.

  • Do you have enough liability coverage? – Your policy’s liability coverage provides coverage if you are found liable for damages caused by your negligence. It will provide for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.
  • Credit scores impact car insurance rates – A driver’s credit history is a big factor in determining what you pay for car insurance. Therefore, if your credit history is not that good, you could save money insuring your 2014 Mitsubishi i-MiEV by spending a little time repairing your credit. Drivers with good credit tend to file fewer claims and have better driving records than those with lower credit scores.
  • Do you work long hours in a high stress job? – Occupations like doctors, business owners and financial analysts are shown to have higher average rates in part from high stress levels and lengthy work days. Conversely, professions such as farmers, engineers and the unemployed pay the least on i-MiEV coverage.
  • Consolidate policies to earn discounts – The majority of insurers provide better rates to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even if you’re getting this discount you may still want to comparison shop to make sure you are getting the best deal.
  • Rate your vehicle for proper use – The more miles you rack up on your Mitsubishi in a year’s time the higher your rates will be. Most companies price each vehicle’s coverage based upon how you use the vehicle. Autos left parked in the garage qualify for better rates than vehicles that are driven to work every day. Having the wrong rating on your i-MiEV can cost quite a bit. Make sure your car insurance policy is showing how each vehicle is driven.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might help in determining whether your personal situation might need professional guidance.

  • Am I missing any policy discounts?
  • Does my insurance cover my expensive audio equipment?
  • How much liability insurance is required?
  • Does my policy cover my teen driver if they drive my company car?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do I have coverage for damage caused while driving under the influence?
  • Does my insurance cover a custom paint job?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Auto insurance 101

Understanding the coverages of insurance can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like funeral costs, nursing services, pain medications and dental work. They are used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants as well as any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance

This coverage protects you from damages or injuries you inflict on other’s property or people. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things such as funeral expenses, emergency aid, structural damage and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they 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 i-MiEV.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hitting a bird, damage from getting keyed, hail damage, damage from a tornado or hurricane and hitting a deer. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision protection

This will pay to fix damage to your i-MiEV resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as sideswiping another vehicle, backing into a parked car, scraping a guard rail and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

A penny saved is a penny earned

Cheap 2014 Mitsubishi i-MiEV insurance can be purchased from both online companies in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

Consumers who switch companies do it for a number of reasons such as delays in paying claims, high rates after DUI convictions, lack of trust in their agent and an unsatisfactory settlement offer. It doesn’t matter why you want to switch switching car insurance companies can be easier than you think.

We’ve covered many ideas to lower your insurance rates. The key thing to remember is the more providers you compare, the better chance you’ll have of finding lower rates. You may even find the biggest savings come from an unexpected company.

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