Are you a victim of an overpriced auto insurance policy? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out.
Consumers have many auto insurance companies to pick from, and although it’s nice to be able to choose, too many choices makes it more difficult to compare rates and cut insurance costs.
How to Get Cheap Auto Insurance
There are a lot of ways you can shop for auto insurance but some are less labor-intensive and much quicker. You could waste time discussing policy coverages with insurance companies in your area, or you could save time and use the internet to quickly compare rates.
Most major companies belong to an insurance system that allows shoppers to only type in their quote data once, and each participating company can give them a price. This system prevents you from having to do quote requests to every company.
To access this free quoting program, click to open in new window.
The only downside to doing it this way is you are unable to specify the insurers to get pricing from. If you wish to select individual companies to compare prices, we have a page of the cheapest auto insurance companies in your area. Click here for list of insurance companies.
Whichever way you use, make sure you use the exact same quote information for each price quote. If you compare differing limits it will be impossible to determine which rate is truly the best. Just a small difference in coverages can mean a large discrepancy in price. It’s important to know that comparing a large number of companies will increase your chances of finding a better price.
Save 15 percent in 15 minutes? Is it for real?
Auto insurance companies such as GEICO, State Farm and Progressive consistently run ads in print and on television. They all seem to make the same claim about savings if you change your policy. How does each company make almost identical claims?
Insurance companies have a preferred profile for the right customer that is profitable for them. For example, a desirable insured might be profiled as a mature driver, has no prior claims, and has a short commute. Any driver that hits that “sweet spot” is entitled to the best price and most likely will save quite a bit of money when switching.
Potential customers who are not a match for the requirements must pay higher premiums which leads to business going elsewhere. The ads say “drivers who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can confidently make the claims of big savings.
This illustrates why you should get quotes from several different companies. It is impossible to predict the company that will provide you with the cheapest rates.
Don’t pay full price with these discounts
The cost of insuring your cars can be expensive, buy you may qualify for discounts that can drop the cost substantially. Certain discounts will be applied at the time of purchase, but less common discounts must be asked about in order for you to get them.
- Fewer Miles Equal More Savings – Keeping the miles down on your Mitsubishi could qualify for lower rates on the low mileage vehicles.
- Resident Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus may be able to be covered for less.
- Defensive Driver – Completing a driver safety course can save you 5% or more if you qualify.
- Early Signing – Select companies give a discount for buying a policy before your current expiration date. This can save 10% or more.
- Club Memberships – Belonging to certain professional organizations may earn a discount when shopping for auto insurance for RVR insurance.
- Anti-lock Brake System – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
It’s important to note that most discount credits are not given to your bottom line cost. Some only reduce individual premiums such as physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any amount of discount will bring down the cost of coverage.
To see a list of insurers offering auto insurance discounts, click here.
Your personal situation dictates your coverage
When buying the right insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions might point out if your insurance needs may require specific advice.
- Is borrowed equipment or tools covered if stolen or damaged?
- Can I afford to pay high deductible claims out of pocket?
- Should I buy only the required minimum liability coverage?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Does my medical payments coverage pay my health insurance deductible?
- Do I need roadside assistance coverage?
- Are all vehicle passengers covered by medical payments coverage?
- Does my policy cover me when driving someone else’s vehicle?
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
Keep this in mind
Low-cost Mitsubishi RVR insurance is available both online and also from your neighborhood agents, so compare prices from both to have the best selection. Some insurance providers may not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.
Throughout this article, we presented some good ideas how to reduce Mitsubishi RVR insurance prices online. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from a small mutual company. They can often provide lower rates in certain areas than the large multi-state companies such as Progressive or GEICO.
