Slash your Mitsubishi Montero Insurance Rates in Three Steps
If buying car insurance was fun, we'd do it as a recreational sport. But unfortunately, it's difficult for a lot of people and we always seem to pay more than we should. Cutting the check for each renewal on your Mitsubishi Montero might give you the same feeling.
Step One: Insurance Quotes
The antiquated method of shopping for car insurance included a high pressure visit to the office of your local insurance agent. Times have changed!
The best car insurance companies offer online quoting for a Mitsubishi Montero and it's very easy to compare different rates by only using one form.
Simply click the link below to enter your information. Once complete, you can compare the returned rates and make a decision on which policy to purchase.
Read this (it's important)! When doing any car insurance quote to compare rates to either your existing policy or to other quotes, it's important to use identical coverages on all quotes. Otherwise you will not be able to accurately determine which company has the lowest rate for your Montero.
Step Two: How to Save on Montero Insurance
Once you have quotes in hand, you can then consider some of the other techniques for lowering your Montero insurance rates.
- You can save money on your physical damage coverage (comprehensive and collision) by increasing your deductibles. Higher deductibles mean you are willing to pay more before the insurance company covers a claim.
- Do you keep your credit rating in good shape? If you do, you will get a better rate than if you let your credit score slide. Check your credit score regularly to make sure there are few blemishes on your record.
- Since you're insuring a SUV, you will pay a little more due to the increased risk of rollover and a more complex power train.
- If you're a young driver, you will pay more to insure a Montero. There isn't anything you can do about your age, but rates will drop as you mature.
- Many insurance companies will give you a small discount if you've recently completed a driver's training course.
- Speeding and other minor violations can impact your car insurance rates for up to three years. The increased cost can easily exceed the fine and court costs for the original ticket.
- Letting your car insurance expire without having new coverage in place is called a "lapse" and will cause your next policy premiums to be higher.
- Most Mitsubishi vehicles come with standard safety features such as air bags and passive restraints, and those will help keep your insurance costs down.
- Renters will find they may be paying more for insurance as compared to homeowners. Owning a home can often get you a small discount on your car insurance.
- Claims that aren't much more than your deductible are better off just being paid out of pocket. If you get into a habit of filing smaller claims, you will pay for it in higher rates.
- Membership has it's privleges. If you're a member of a professional organization, check to see if your company offers discounts to its members. It can add up to 5% or more.
- For some reason, car theives target particular makes and models more than others. If your Montero is on the list of the top stolen cars, you might want to install an extra theft deterrent system just to be safe.
Step Three: Finalize your Policy Details
If you have found a good price by comparing quotes and also made informed decisions regarding policy limits, deductibles and other policy options that are available, you can now purchase the policy and bind coverage.
It's critical that your new policy starts the same day that your old policy ends. If you are cancelling mid-term, make sure there is no lapse in coverage before your new policy kicks in.
If this is a new policy with only the Mitsubishi on it, be sure to have coverage before leaving the dealership or car lot. If you're adding it to an existing policy, you have anywhere from 15 to 30 days depending on the company. Be sure to have a new policy ready to go if you are buying a new Montero. If you've never had car insurance or don't have a policy now, you won't have any protection on the vehicle until you add it to your policy.
Once your new policy has been purchased, you are required to keep the proof-of-insurance card in your vehicle at all times. This is required by state law and you can receive a citation if you cannot provide it. An SR-22 filing may be required by your state's DMV if you've been convicted of a serious driving offense such as DUI, DWI or reckless driving. If this applies to you, make sure the car insurance company complies with the SR-22 requirement.
Car Insurance Resources
To read more about filing a claim, choosing replacement parts, rental car insurance and more, visit the Insurance Information Institute.
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