Cheap 2016 Mitsubishi Lancer Car Insurance Quotes

Consumers have many options when looking for affordable Mitsubishi Lancer insurance. They can either waste time contacting agents to get rate comparisons or utilize the internet to get rate quotes. There are more efficient ways to buy insurance coverage so you’re going to learn the quickest way to compare rates for a Mitsubishi and obtain the best price possible from both online companies and local agents.

Compare free insurance coverage quotes

Getting a more affordable price on 2016 Mitsubishi Lancer insurance is actually quite simple. The only requirement is to spend a little time to get quotes online from several insurance companies. Insurance prices can be quoted by using one of the methods below.

  1. The most recommended method to get the best comparison quotes is an all-inclusive rate comparison click here to open form in new window. This easy form eliminates the need for repetitive form entry for every insurance coverage company. Just one form gets coverage cost estimates direct from many companies. It’s the fastest way to compare.
  2. A more difficult way to compare prices consists of going to each company’s website and request a quote. For instance, we’ll assume you want to compare prices for Farmers, Liberty Mutual and Geico. To find out each rate you need to visit each site and repeatedly type in your coverage information, which can get rather old.

    To view a list of companies in your area, click here.

  3. The least recommended way to get rate quotes is going to insurance agents’ offices. Comparing rates online has made agencies unnecessary unless you have a need for the professional guidance that only a licensed agent can provide. Some companies do allow you to compare the best prices online but buy from a local insurance agent.

It’s your choice how you get your quotes, but ensure you’re using exactly the same coverages with each company. If each company quotes different values for each quote it’s impossible to make a fair rate comparison.

Why you might not save $415 a year

Consumers get pounded daily by advertisements that claim the cheapest premium rates by State Farm, Allstate and Geico. They all make the same claim about savings just by moving to them.

Is it even possible that every company can charge you a lower premium? It’s all in the wording.

Insurance companies quote the lowest rates for the type of driver that earns them a profit. For example, this type of driver may be over the age of 35, is a homeowner, and has excellent credit. Any person that meets those criteria receive the lowest rate quotes and as a result will probably save money with a new company.

Potential insureds who do not fit the “perfect” profile will probably have to pay higher prices and the customer not buying. Company advertisements say “customers that switch” not “everybody who quotes” save that much. That is how companies can truthfully advertise the way they do. This really emphasizes why you should do a rate comparison at every renewal. It’s just too difficult to predict which company will have the best car insurance rates at this point in time.

Insurance quotes and discounts

Some providers do not list all their discounts very well, so the list below contains some of the more common as well as the least known discounts that you can inquire about if you buy auto insurance online.

  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can avoid monthly service charges.
  • Driver’s Education for Students – Cut your cost by having your teen driver participate in a local driver’s education class in school.
  • Theft Prevention Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and will qualify for a discount on a auto insurance quote.
  • College Student Discount – Kids who are enrolled in higher education away from home without a vehicle on campus may be able to be covered for less.
  • Passive Restraints – Options like air bags or automatic seat belts may get savings of 20% or more.
  • Senior Citizen Discount – Seniors can possibly qualify for lower premium rates on Lancer coverage.

As is typical with insurance, most discounts do not apply to the entire cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you could get a free insurance policy, companies wouldn’t make money that way.

Popular insurance companies and some of their more popular discounts are outlined below.

  • State Farm offers discounts including student away at school, passive restraint, defensive driving training, good student, multiple policy, and accident-free.
  • Farmers Insurance offers discounts for multi-car, business and professional, teen driver, early shopping, youthful driver, and electronic funds transfer.
  • Progressive policyholders can earn discounts including continuous coverage, online signing, multi-policy, good student, and online quote discount.
  • Geico may include discounts for defensive driver, military active duty, air bags, membership and employees, multi-vehicle, good student, and five-year accident-free.
  • Auto-Owners Insurance may offer discounts for multiple vehicles, student away at school, multi-policy, paperless, mature driver, teen driver, and anti-theft.
  • The Hartford has discounts for driver training, defensive driver, vehicle fuel type, good student, and bundle.
  • Farm Bureau offers premium reductions for driver training, 55 and retired, good student, multi-vehicle, and youthful driver.
  • USAA discounts include military installation, defensive driver, driver training, new vehicle, family discount, vehicle storage, and annual mileage.

When quoting, ask all the companies which credits you are entitled to. Some discounts listed above might not be available to policyholders in your area. To view companies with discount insurance rates, click here.

Situations that may require an agent’s advice

When it comes to buying adequate coverage, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out if your insurance needs might need professional guidance.

  • Do I need replacement cost coverage on my 2016 Mitsubishi Lancer?
  • Is extra glass coverage worth it?
  • Why am I required to buy high-risk coverage?
  • Are rental cars covered under my policy?
  • Is my nanny covered when driving my vehicle?
  • When should I not file a claim?
  • Can I rent a car in Mexico?
  • What happens if I owe more than my 2016 Mitsubishi Lancer is worth?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It is quick, free and can provide invaluable advice.

Information about specific coverages

Knowing the specifics of a insurance policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, damage from a tornado or hurricane and falling objects. The maximum payout your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as EMT expenses, dental work, funeral costs, hospital visits and X-ray expenses. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your Mitsubishi Lancer.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like backing into a parked car, crashing into a building, colliding with a tree and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

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

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things like medical expenses, funeral expenses, emergency aid and court costs. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Don’t break the bank

Low-cost 2016 Mitsubishi Lancer insurance is possible on the web and from local insurance agents, and you need to comparison shop both to have the best chance of lowering rates. A few companies don’t offer online quoting and usually these regional insurance providers provide coverage only through independent insurance agents.

As you prepare to switch companies, make sure you don’t skimp on coverage in order to save money. In many cases, someone dropped uninsured motorist or liability limits only to discover later that the savings was not a smart move. Your goal is to buy enough coverage at the lowest possible cost, but don’t skip important coverages to save money.

Consumers leave their current company for a variety of reasons including delays in responding to claim requests, extreme rates for teen drivers, poor customer service and lack of trust in their agent. Whatever your reason, switching companies is pretty simple and you could end up saving a buck or two.

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