Finding low-cost insurance for a Mitsubishi Eclipse can turn out to be a painful process, but you can follow a few tricks to save time.
There is a right way and a wrong way to buy car insurance and we’ll show you the best way to compare rates for a new or used Mitsubishi and obtain the best price possible.
Consumers need to get comparison quotes before your policy renews because prices are usually higher with each renewal. Even if you got the best price for Eclipse coverage six months ago you may be paying too much now. You’ll find quite a bit of inaccurate information about car insurance on the internet, so by reading this article, you’re going to learn some tested techniques to find affordable car insurance.
If you are insured now or are looking for a new policy, you can learn to shop for the lowest rates and possibly find even better coverage. Shopping for the lowest cost protection is simple if you know the tricks. Vehicle owners just need to learn the best way to shop for car insurance on the web.
Comprehensive Car Insurance Comparison Quotes
All the larger car insurance companies allow you to get coverage prices on their websites. Getting online quotes is quite simple as you simply type in the coverages you want as detailed in the form. Once entered, the company’s rating system automatically orders your driving record and credit report and gives you a price quote.
This makes it a lot easier to compare rates but the time it takes to visit several different sites and type in the same information is not the best way to spend an afternoon. But it’s absolutely necessary to do this if you are searching for a lower rate.
Rate comparisons made easy
A more efficient way to compare car insurance pricing is to use a quote form to get prices from more than one company. The form is fast, eliminates repetitive work, and makes online shopping a lot less work. Immediately after you send the form, it is quoted and you can choose any or none of the price quotes you receive.
If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. It just takes a couple of minutes and may result in a nice savings.
To find out how much you can save on car insurance, click here to open in a new tab and enter your vehicle and coverage information. If you have your current policy handy, we recommend you input identical to your current policy. This helps ensure you will be getting a price comparison for exact coverage.
Policy discounts you shouldn’t miss
The price of auto insurance can be rather high, but you can get discounts that many people don’t even know exist. Most are applied when you quote, but some may not be applied and must be specially asked for before they will apply. If you’re not getting every credit you qualify for, you’re paying more than you need to.
- Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less for Eclipse coverage than drivers with accident claims.
- Accident Free – Drivers who don’t have accidents pay much less when compared to accident-prone drivers.
- Anti-theft Discount – Vehicles with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
- Senior Citizens – If you’re over the age of 55, you may qualify for better car insurance rates for Eclipse coverage.
- Passive Restraint Discount – Vehicles equipped with air bags can receive discounts of up to 25% or more.
- Discount for New Cars – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
Keep in mind that many deductions do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So when it seems like all those discounts means the company will pay you, companies wouldn’t make money that way. But any discount will cut your premiums.
Can you really save $441 a year?
Drivers can’t ignore all the ads that promise big savings by companies like 21st Century, Allstate and State Farm. All the companies say the same thing that you’ll save big after switching to them.
How does each company say the same thing? This is how they do it.
Insurance companies can use profiling for the driver that is profitable for them. For example, a driver they prefer might be profiled as over the age of 50, insures multiple vehicles, and chooses high deductibles. A customer getting a price quote who matches those parameters will get the preferred rates and therefore will cut their rates substantially.
Consumers who don’t meet the requirements will be charged higher prices and ends up with business not being written. Company advertisements say “people who switch” not “everyone that quotes” save that kind of money. That is how companies can truthfully state the savings.
That is why it is so important to compare as many rates as you can. You cannot predict the company that will fit your personal profile best.
Coverage specifics
Having a good grasp of a car insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, fire damage, damage from a tornado or hurricane and damage from flooding. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision insurance
Collision coverage will pay to fix damage to your Eclipse resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like crashing into a building, scraping a guard rail, sideswiping another vehicle, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.
Auto liability
This can cover injuries or damage you cause to a person or their property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability can pay for claims such as bail bonds, medical expenses, structural damage, attorney fees and loss of income. How much coverage you buy is up to you, but consider buying higher limits if possible.
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Mitsubishi Eclipse.
Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Insurance for medical payments
Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for rehabilitation expenses, ambulance fees and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
Smart shoppers get results
When you buy insurance online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed physical damage coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage at a price you can afford while not skimping on critical coverages.
Low-cost Mitsubishi Eclipse insurance is definitely available both online in addition to many insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some companies do not provide online quoting and usually these small insurance companies provide coverage only through local independent agents.
Consumers who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, denial of a claim, unfair underwriting practices and high rates after DUI convictions. No matter why you want to switch, choosing a new insurance company can be less work than you think.
