1995 Mitsubishi Galant Insurance Cost

Searching for cheaper insurance rates for your Mitsubishi Galant? Locating cheaper insurance for a Mitsubishi Galant can turn out to be an all-consuming task, but you can learn our insurance buying tips and make it easy. There are more efficient ways to compare insurance rates so you’re going to learn the best way to quote coverages for your Mitsubishi and get the lowest possible price from both online companies and local agents.

It’s a good habit to take a look at other company’s rates quite often because insurance prices trend upward over time. Even if you got the best quotes on Galant insurance two years ago you may be paying too much now. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to the best methods to properly buy coverages while reducing your premium.

How insurance providers calculate Mitsubishi Galant insurance costs

Many factors are taken into consideration when pricing auto insurance. Some are obvious like an MVR report, although some other factors are not as apparent like your vehicle usage or how financially stable you are.

Shown below are some of the major factors used by your company to calculate premiums.

  • Avoid coverage lapses – Driving without insurance is illegal and as a result your rates will increase for letting your insurance lapse for non-payment. In addition to paying higher premiums, the inability to provide proof of insurance may earn you a steep fine or even jail time.
  • Women tend to cost less – Over time, data shows that females tend to be a little less risky than males. However, this does not mean men are worse drivers. They both tend to get into at-fault accidents at about the same rate, but the males have costlier accidents. Not only are claims higher, but men get more serious tickets like DUI and reckless driving.
  • Lower rates come with age – Inexperience drivers are known to be careless and easily distracted in a vehicle so insurance coverage rates are higher. If you’ve ever had to add a teenage driver onto a policy can be very expensive. More experienced drivers are proven to be safer behind the wheel, tend to file fewer claims and get fewer tickets.
  • Costs and your address – Living in smaller towns and rural areas of the country can save you money when trying to find low car insurance rates. Lower population translates into fewer accidents and a lower car theft rate. Drivers in populated areas regularly have more traffic problems and a longer drive to work. More time commuting can result in more accidents.
  • More than one policy can earn a discount – Many companies give lower prices to buyers that have more than one policy. It’s known as a multi-policy discount. Even with this discount, drivers will still want to shop around to guarantee you are still saving the most. Consumers may save money by insuring with multiple companies.
  • Alarm systems save money – Buying a car with an alarm system can help lower your rates. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.

Shop auto insurance online

Lowering your 1995 Mitsubishi Galant auto insurance rates is actually easier than you may think. All you need to do is take a few minutes to get quotes from different insurance companies. This is very easy and can be done in several different ways.

  • If you’re in a hurry, the quickest way to find the lowest comparison rates is an all-inclusive rate comparison (click to open form in new window). This form prevents you from having to do a different quote for each company. Filling out one form compares rates from many national carriers. It’s definitely the quickest method.
  • A more time consuming way to analyze rates is going to each company’s website and get a separate price quote. For examples sake, we’ll assume you want rates from Auto-Owners, Safeco and GMAC. In order to get each rate, you would have to navigate to each company’s site and type in your information over and over, which can get old fast.

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

  • The last method to compare price quotes is physically going to all the different insurance agencies. The ability to buy insurance online makes this process obsolete unless you require the trained advice that only an agent can give. Although, it is possible obtain prices from the web but purchase the actual policy in an agency.

It’s your choice how you get your quotes, but do your best to enter the same coverage limits and deductibles on every quote. If you enter unequal deductibles or liability limits it’s not possible to make a fair comparison for your Mitsubishi Galant.

Don’t be fooled by advertising claims

Consumers can’t escape the ads that claim the lowest rates by companies like Progressive, GEICO, Allstate and State Farm. All the ads make an identical promise about how much you will save just by moving your coverage to them.

How do they all make the same claim? It’s all in how they say it.

Most companies have underwriting criteria for the type of driver that earns them the highest profit. For example, this type of risk profile could be a mature driver, has other policies, and does not commute to work. Any driver who fits those characteristics receive the lowest rate quotes and most likely will save when switching.

Drivers who are not a match for those standards must pay higher premium rates and this results in business not being written. If you listen to the ad wording, they say “drivers that switch” but not “all drivers who get quotes” save that much when switching. That’s why companies can truthfully make it sound like they have such great rates. This really illustrates why drivers should do a rate comparison at every renewal. It’s just too difficult to predict which insurance coverage company will have the best prices at this point in time.

Are you receiving every discount?

Insurance can cost an arm and a leg, but there are discounts available that could help you make your next renewal payment. Some discounts will apply when you purchase, but a few must be inquired about prior to receiving the credit.

  • Use Seat Belts – Forcing all vehicle occupants to use a seat belt could cut 10% or more off PIP or medical payments premium.
  • ABS Braking Discount – Vehicles that have steering control and anti-lock brakes can avoid accidents and the ABS can save up to 10%.
  • Early Switch Discount – Select companies give a discount for buying a new policy before your current coverage expires. The savings is around 10%.
  • Accident Forgiveness – This isn’t a discount exactly, but certain companies permit an accident before raising your premiums if your claims history is clear before the accident.
  • Multi-policy Discount – If you can combine your home and auto policy with the same company you may earn over 10 percent off each policy depending on the company.

Please keep in mind that most discount credits are not given to your bottom line cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, companies don’t profit that way.

A list of companies and a selection of discounts are:

  • Progressive policyholders can earn discounts including online quote discount, multi-vehicle, good student, multi-policy, homeowner, and continuous coverage.
  • MetLife offers discounts including claim-free, defensive driver, good student, multi-policy, good driver, and accident-free.
  • Mercury Insurance has savings for multi-policy, accident-free, age of vehicle, ease of repair, good student, and multi-car.
  • Nationwide offers discounts for defensive driving, multi-policy, good student, Farm Bureau membership, family plan, easy pay, and anti-theft.
  • GEICO may include discounts for federal employee, good student, anti-theft, anti-lock brakes, and defensive driver.
  • AAA includes discounts for education and occupation, pay-in-full, multi-policy, AAA membership discount, good driver, and good student.

If you are trying to find low cost insurance quotes, ask each company what discounts are available to you. Discounts may not be available in your area. To see providers who offer car insurance discounts, click here.

When in doubt talk to an agent

When buying the right insurance coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different.

Here are some questions about coverages that might help in determining whether you will benefit from professional help.

  • What happens if I owe more than my 1995 Mitsubishi Galant is worth?
  • Am I getting all the discounts available?
  • Do I benefit by insuring my home with the same company?
  • Does having multiple vehicles earn me a discount?
  • Does my 1995 Mitsubishi Galant qualify for pleasure use?
  • Does liability extend to a camper or trailer?
  • Should I carry comprehensive and collision coverage?
  • Is my 1995 Mitsubishi Galant covered for flood damage?
  • Do I need rental car coverage?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and can help protect your family.

Auto insurance coverage considerations

Having a good grasp of a auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be ambiguous and coverage can change by endorsement.

Collision protection

This pays for damage to your Galant from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as hitting a mailbox, sideswiping another vehicle, backing into a parked car and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Liability car insurance

Liability insurance will cover injuries or damage you cause to other’s property or people. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things such as emergency aid, attorney fees, medical services, court costs and repair costs for stationary objects. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills such as prosthetic devices, hospital visits, doctor visits and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as vandalism, hitting a deer, damage from a tornado or hurricane and hail damage. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your Mitsubishi Galant.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Be a smart shopper

Discount 1995 Mitsubishi Galant insurance is possible online and from local insurance agents, and you should be comparing both in order to have the best price selection to choose from. A few companies may not offer online rate quotes and usually these regional carriers only sell through independent agencies.

When you buy insurance online, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, an insured cut liability limits or collision coverage to discover at claim time that it was a big mistake. The goal is to get the best coverage possible at the best possible price but still have enough coverage for asset protection.

People leave their current company for a number of reasons such as questionable increases in premium, delays in responding to claim requests, unfair underwriting practices or even delays in paying claims. It doesn’t matter why you want to switch choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Additional detailed information is located at these sites: