Compare 2008 Mitsubishi Eclipse Spyder Car Insurance Rates

Pricey Mitsubishi Eclipse Spyder insurance can diminish your accounts and require stricter spending habits. Getting a rate comparison can be a smart way to reduce premiums and put more money in your pocket.

Drivers have many insurers to buy insurance from, and although it’s nice to have a choice, it can be more challenging to compare rates and cut insurance costs.

Where can I get affordable insurance coverage?

There are several ways to shop for insurance coverage, and some are more efficient than others. You can waste hours driving to insurance companies in your area, or you could use the web to achieve your goal.

Many popular insurance companies belong to a marketplace where prospective buyers only type in their quote data once, and at least one company returns a rated price. This prevents consumers from doing form submissions to each company.

To fill out one form to compare multiple rates now click here (opens in new window).

The single downside to using this type of form is you cannot specify which insurance companies you will receive quotes from. If you wish to select individual companies for rate comparison, we put together a list of the cheapest insurance coverage companies in your area. Click here to view list.

Whichever method you choose, compare equivalent coverage limits for each quote you get. If you have higher or lower deductibles it’s not possible to determine which rate is truly the best. Slightly different insurance coverages may result in large price differences. And when quoting insurance coverage, remember that quoting more increases the change that you will find lower pricing.

Reduce your insurance rates with discounts

The price of auto insurance can be rather high, but you might be missing out on some discounts to cut the cost considerably. Certain credits will be shown at the time you complete a quote, but a few need to be requested specifically prior to getting the savings.

  • Drive Less and Save – Driving less can earn better premium rates on cars that stay parked.
  • Pay Now and Pay Less – If paying your policy premium upfront instead of paying each month you may have a lower total premium amount.
  • Defensive Driver – Taking time to complete a defensive driving class could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Driver’s Education for Students – Have your child take driver’s ed class as it will make them better drivers and lower rates.
  • Passenger Safety Discount – Options like air bags can qualify for discounts of more than 20%.
  • More Vehicles More Savings – Drivers who insure more than one vehicle with the same insurance company may reduce the rate for each vehicle.
  • Use Seat Belts – Forcing all vehicle occupants to buckle their seat belts may be able to save a few bucks off the PIP or medical payment premium.

As is typical with insurance, some of the credits will not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like comp or med pay. Even though the math looks like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. But all discounts will definitely lower your policy cost.

A partial list of companies who might offer some of the discounts shown above include:

If you need cheaper auto insurance quotes, ask every insurance company which discounts you may be entitled to. Some of the earlier mentioned discounts might not apply everywhere. If you would like to view insurers that offer some of these discounts, click here to view.

You are unique and your insurance should be too

When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining whether your personal situation would benefit from professional advice.

  • What is the minimum liability in my state?
  • How much can I save by bundling my policies?
  • Should I buy full coverage?
  • How much underlying liability do I need for an umbrella policy?
  • Do I need rental car coverage?
  • Can my teen driver be rated on a liability-only vehicle?
  • Do I need special endorsements for business use of my vehicle?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with 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.

Auto insurance 101

Having a good grasp of your insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages available from insurance companies.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, hail damage, falling objects and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

UM/UIM Coverage – This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2008 Mitsubishi Eclipse Spyder.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision – Collision insurance covers damage to your Eclipse Spyder from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as scraping a guard rail, hitting a mailbox, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Liability coverage – Liability insurance provides protection from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for things like emergency aid, pain and suffering and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical costs insurance – Med pay and PIP coverage reimburse you for expenses like pain medications, rehabilitation expenses, EMT expenses and chiropractic care. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and may carry a deductible