2017 Mitsubishi Lancer Car Insurance Quotes – 10 Ideas for Cheaper Rates

Searching for the cheapest auto insurance rates for your Mitsubishi Lancer? Price shopping your Driversauto insurance can be challenging for beginners to shopping for insurance online. There are so many options available that it can turn into a burden to compare prices.

It is always a good idea to check auto insurance prices at least once a year because rates change regularly. Despite the fact that you may have had the best deal for Lancer coverage at your last renewal there may be better deals available now. Block out anything you think you know about auto insurance because we’re going to demonstrate the right way to properly buy coverages while reducing your premium.

Choosing the best insurance company for you is not rocket science. If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using this information. But car owners should learn how the larger insurance companies sell insurance online because it can help you find the best coverage.

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Insurance coverage discounts help lower rates

Auto insurance companies do not advertise every available discount very clearly, so here is a list a few of the more well known and also the more inconspicuous ways to save on insurance coverage.

  • Early Signing – Some companies give discounts for buying a policy prior to the expiration date on your current policy. You could save around 10% when you buy car insurance online.
  • Safe Drivers – Drivers without accidents can get discounts for up to 45% lower rates for Lancer coverage as compared to drivers with claims.
  • Anti-lock Brakes – Vehicles with ABS braking systems or traction control are safer to drive so companies give up to a 10% discount.
  • Good Students Pay Less – Performing well in school may save you up to 25%. Many companies even apply the discount to college students well after school through age 25.
  • Driver’s Education for Students – Cut your cost by having your teen driver enroll in driver’s education in school.
  • Distant Student – Children who attend college more than 100 miles from home and don’t have a car can be insured at a reduced rate.
  • Senior Citizen Rates – Drivers over the age of 55 can possibly qualify for reduced rates for Lancer coverage.
  • Memberships – Having an affiliation with specific professional or occupational memberships or organizations may earn a discount on insurance coverage.
  • Air Bag Discount – Vehicles with factory air bags or automatic seat belts may qualify for discounts of 20 to 30 percent.
  • Online Discount – Certain companies give back up to $50 for buying your policy on the web.

Please keep in mind that most discount credits are not given to the overall cost of the policy. Some only reduce specific coverage prices like liability and collision coverage. Even though the math looks like you can get free auto insurance, you won’t be that lucky.

Some of the larger companies who may offer most of the discounts above include:

When getting a coverage quote, ask all companies you are considering which discounts can lower your rates. Some of the discounts discussed earlier might not be available to policyholders in every state. To view insurance coverage companies who offer discounts, click this link.

Which is the best car insurance?

When it comes to choosing the best car insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s needs are different.

For example, these questions can help discover if your insurance needs could use an agent’s help.

  • Does insurance cover tools stolen from my truck?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What is an SR-22 filing?
  • Why am I required to get a high-risk car insurance policy?
  • Will filing a claim cost me more?
  • Can my teen drive my company car?
  • How does medical payments coverage work?
  • How high should my uninsured/underinsured coverage be in my state?
  • Is other people’s property covered if stolen from my vehicle?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Insurance coverage myths debunked

Companies like 21st Century, Allstate and State Farm consistently run ads in print and on television. They all seem to make the promise of big savings if you just switch your coverage to them. Is it even possible that every company can sell you cheaper insurance coverage? Here is how they do it.

Insurance coverage companies have a preferred profile for the driver that is profitable for them. A good example of this type of risk profile could possibly be between the ages of 30 and 50, has no claims, and drives a lower-performance vehicle. A customer who meets those qualifications will get the preferred prices and have a good chance to cut their rates substantially.

People who fall short of the “perfect” profile will be charged higher premiums with the end result being business going elsewhere. If you listen to the ad wording, they say “customers who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That is how companies can truthfully lure you into getting a quote. This really emphasizes why you really need to get car insurance quotes as often as possible. It’s just too difficult to predict which company will have the lowest rates for your situation.

Parts of your insurance policy

Knowing the specifics of your policy can help you determine which coverages you need and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.

Liability coverage

Liability coverage will cover injuries or damage you cause to people or other property. It protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like loss of income, funeral expenses, medical services and bail bonds. The amount of liability coverage you purchase is up to you, but buy as high a limit as you can afford.

Comprehensive auto coverage

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from getting keyed, hail damage, a tree branch falling on your vehicle and hitting a bird. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Mitsubishi Lancer.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision insurance

This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like colliding with a tree, sideswiping another vehicle, hitting a parking meter, scraping a guard rail and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for surgery, doctor visits, pain medications, ambulance fees and prosthetic devices. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Summing up your car insurance search

There are still a few companies who do not offer rate quotes online and most of the time these smaller providers only sell coverage through local independent agents. Cheaper 2017 Mitsubishi Lancer insurance can be found online and also from your neighborhood agents, and you should be comparing both in order to have the best price selection to choose from.

As you prepare to switch companies, never sacrifice coverage to reduce premiums. In many cases, an insured cut physical damage coverage and learned later that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at the best possible price and still be able to protect your assets.

We’ve covered a lot of information how to shop for 2017 Mitsubishi Lancer insurance online. It’s most important to understand that the more price quotes you have, the higher your chance of finding cheaper car insurance. Consumers could even find that the best price on car insurance is with a smaller regional carrier.

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