Save on 2010 Mitsubishi Eclipse Car Insurance Rates

Wish you could get a refund on an overpriced car insurance policy? Believe me, you’re not alone.

Lots of car insurance companies contend for your insurance dollar, so it can be very hard to choose a insurer to discover the definitive cheapest price

If you are paying for car insurance now, you will most likely be able to cut costs considerably using this information. Choosing the best insurance company for you is not rocket science. Although consumers do need to know the way companies sell online and use this information to your advantage.

Ways to get insurance coverage price quotes

There are several ways of comparing rates from many different insurance companies. The best way to do a complete rate comparison consists of obtaining rate quotes online. This can be done in several different ways.

  • If you’re in a hurry, the quickest way consumers can make multiple comparisons is an all-inclusive rate comparison (click to open form in new window). This easy form saves time by eliminating separate quote forms to each individual insurance coverage company. Completing one form gets prices estimates from all major companies.
  • A different way to find lower rates is to take the time to go to the website for each individual company and go through the quote process again. For examples sake, we’ll pretend you want to view quotes from GEICO, Safeco and Liberty Mutual. To find out each rate you need to go to each individual site to enter your coverage information, which is why the first method is more popular. For a list of companies in your area, click here.

How you compare quotes is your choice, just make absolute certain that you use apples-to-apples quote information on every price quote you get. If you compare different values for each quote it will be very difficult to make a fair comparison for your Mitsubishi Eclipse. Quoting even small variations in insurance coverages can mean a large discrepancy in price. Just remember that more quotes helps increase your odds of locating a better price.

Get cheap insurance with discounts

Not too many consumers would say insurance is affordable, but discounts can save money and there are some available to help offset the cost. Some discounts will apply when you quote, but a few must be requested specifically in order for you to get them.

  • ABS Braking Discount – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • E-sign Discounts – A handful of companies will discount your bill up to fifty bucks just for signing your application over the internet.
  • Payment Discounts – By making one initial payment rather than paying in monthly installments you may reduce your total bill.
  • Mature Driver Discount – Seniors are able to get lower premium rates on Eclipse coverage.
  • Own a Home and Save – Just owning your own home may trigger a policy discount on insurance due to the fact that maintaining a home is proof of financial responsibility.
  • Air Bags and Passive Restraints – Factory air bags and/or automatic seat belt systems may get savings as much as 30%.

As a disclaimer on discounts, some credits don’t apply to the entire policy premium. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, you aren’t that lucky. But any discount will bring down your insurance premiums.

A few of the larger companies and their offered discounts are:

  • 21st Century includes discounts for early bird, defensive driver, good student, 55 and older, and student driver.
  • Progressive may have discounts that include multi-policy, good student, homeowner, online signing, multi-vehicle, and online quote discount.
  • State Farm discounts include Drive Safe & Save, good driver, multiple policy, student away at school, good student, accident-free, and defensive driving training.
  • Nationwide policyholders can earn discounts including good student, defensive driving, business or organization, accident-free, Farm Bureau membership, and multi-policy.
  • Esurance offers premium reductions for safety device, anti-lock brakes, paid-in-full, claim free, good student, anti-theft, and Switch & Save.
  • The Hartford offers discounts for defensive driver, air bag, anti-theft, driver training, good student, bundle, and vehicle fuel type.

Double check with all companies you are considering how you can save money. Discounts may not be available in your area. To locate insurance companies offering insurance discounts, click this link.

Tailor your auto insurance coverage to you

When it comes to choosing coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if you will benefit from professional help.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Why do I need rental car insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is a new car covered when I drive it off the dealer lot?
  • If my pet gets injured in an accident are they covered?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Get Mitsubishi Eclipse insurance more affordably

Lots of things are considered when you get a price on insurance. A few of the factors are predictable such as traffic violations, but others are less obvious like where you live or your commute time.

The items below are some of the factors companies use to determine premiums.

  • Multiple policies with one company can save – The majority of companies provide discounts to buyers that buy multiple policies in the form of a multi-policy discount. The amount of the discounts can be ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s always a smart idea to comparison shop to guarantee you are still saving the most. You may still be able to save even more than the discount by splitting coverages up.
  • High coverage deductibles cost less – Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your Mitsubishi. Some instances where coverage would apply would be a broken windshield, damage caused by hail, and damage from a fallen tree branch. Deductibles for physical damage are how much you are willing to pay if you file a covered claim. The larger the amount you’re willing to pay, the lower your rates will be on Eclipse coverage.
  • Insurance companies don’t like frequent claims – If you’re an insured who likes to file claims you can look forward to higher rates. Companies award lower rates to people who file claims infrequently. Insurance coverage is intended for the large, substantial claims.
  • Premiums increase with driving tickets – Good drivers have lower premiums compared to bad drivers. Getting just one moving violation can increase the cost of insurance forty percent or more. Drivers unfortunate enough to have careless violations such as DUI, reckless driving or excessive speeding may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.
  • More traffic equals higher rates – Residing in less populated areas of the country can be a good thing when talking about auto insurance. Lower population means fewer accidents and a lower car theft rate. Drivers who live in large cities have congested traffic and more time behind the wheel. Longer commute distances can result in more accidents.
  • Lower premiums for safer vehicles – Cars with high safety ratings can get you lower premiums. The safest vehicles help reduce the chance of injuries in an accident and fewer injuries translates into savings for insurance companies which can result in lower premiums. If the Mitsubishi Eclipse has at least four stars on Safercar.gov you are probably receiving a discount.
  • Credit rating impact auto insurance premiums – Your credit rating is likely to be a major factor in calculating your premium rate. So if your credit rating leaves room for improvement, you could be paying less to insure your 2010 Mitsubishi Eclipse by taking the time to improve your credit score. Consumers who have excellent credit tend to be more responsible than drivers with poor credit scores.
  • If you don’t need it don’t buy it – Insurance companies have many additional extra coverages that sound like a good idea at the time but may not be useful. Insurance for personal injury protection, better glass coverage, and membership fees are examples of these. They may seem good when discussing your needs, but your needs may have changed so think about removing them and cutting costs.

Insurance myths debunked

Insurance providers like State Farm and Allstate constantly bombard you with ads on television and other media. All the ads convey the message that you can save if you get a free insurance quote and switch to them. How is it plausible that every one can charge you a lower premium? It’s all in the wording.

Many companies have a certain “appetite” for a prospective insured that will be a good risk. For instance, a desirable risk should be between the ages of 30 and 50, has no tickets, and drives a vehicle with a low ISO rating. Any new insured that matches those criteria will probably get cheap rates and will save quite a bit of money when switching.

Potential insureds who cannot meet the requirements will be charged a higher rate which results in the customer buying from someone else. If you pay close attention to the ads, they say “customers who switch” not “everyone who quotes” save that much money. That’s the way insurance companies can make claims that they all have the best premium rates.

Because each company has a different risk profile, you really should get insurance quotes from several different companies. You cannot predict which insurance company will have the lowest car insurance rates for your situation.

Insurance coverage breakdown

Having a good grasp of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.

Liability coverages – Liability coverage can cover damage that occurs to people or other property in an accident. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Some companies may use 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 coverage protects against things such as court costs, structural damage and medical expenses. How much coverage you buy is up to you, but consider buying as much as you can afford.

Collision – This coverage pays for damage to your Eclipse resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, colliding with another moving vehicle, scraping a guard rail, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Mitsubishi Eclipse.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP kick in for immediate expenses for things like nursing services, dental work, EMT expenses and prosthetic devices. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage – This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from flooding, rock chips in glass, hitting a deer and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Quote more, save more

We’ve covered a lot of tips how to save on 2010 Mitsubishi Eclipse insurance. The key thing to remember is the more times you quote, the better likelihood of getting cheap insurance. Consumers may even find the lowest priced insurance coverage comes from some of the lesser-known companies. These companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Allstate, GEICO and Progressive.

When getting insurance quotes online, make sure you don’t skimp on coverage in order to save money. There have been many cases where an insured dropped uninsured motorist or liability limits only to regret they didn’t purchase enough coverage. Your focus should be to find the BEST coverage at an affordable rate.

Additional insurance coverage information can be found at the links below