How Much Does 1997 Mitsubishi Montero Car Insurance Cost?

Pretty sure you bought an underperforming, overpriced car insurance policy? You’re in good company because there are lots of people in the same boat. Many auto insurance companies compete to insure your vehicles, so it’s not easy to compare every insurance company to get the cheapest price

If you are insured now or need new coverage, you can follow these tips to get lower rates and possibly find even better coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers just need to know how to shop for insurance coverage on the web.

Get cheaper rates by receiving discounts

Insuring your fleet can be pricey, but discounts can save money and there are some available that could drop your premiums quite a bit. Many discounts should be triggered when you quote, but a few must be asked for prior to receiving the credit.

  • First Accident Forgiveness – This isn’t a discount exactly, but companies like Progressive, Allstate, and GEICO will let one accident slide before your rates go up if you have no claims for a certain period of time.
  • Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems can help prevent theft so companies will give you a small discount.
  • Discount for New Cars – Buying car insurance coverage on a new vehicle can get you a discount because new vehicles have to meet stringent safety requirements.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles are safer to drive so companies give up to a 10% discount.
  • Discount for Multiple Policies – If you can combine your homeowners and auto policy and insure them both with the same insurance company you could earn a discount of as much as 10 to 15 percent.
  • Discount for Home Ownership – Owning your own home or condo can save you money since owning and maintaining a home means you have a higher level of financial diligence.
  • Professional Memberships – Participating in qualifying clubs or civic groups could trigger savings on your bill.

A little note about advertised discounts, most discounts do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

A few of the larger companies and a selection of discounts are shown below.

  • Travelers offers premium reductions for student away at school, continuous insurance, driver training, IntelliDrive, and new car.
  • 21st Century has discounts for student driver, defensive driver, air bags, driver training, teen driver, homeowners, and automatic seat belts.
  • State Farm may have discounts that include good student, Drive Safe & Save, student away at school, defensive driving training, multiple policy, and Steer Clear safe driver discount.
  • GEICO offers discounts for emergency military deployment, military active duty, anti-theft, air bags, driver training, and multi-policy.
  • SAFECO discounts include multi-car, teen safe driver, homeowner, anti-lock brakes, and drive less.
  • AAA has savings for good driver, pay-in-full, multi-policy, anti-theft, and education and occupation.

If you want cheaper insurance quotes, ask each company or agent which discounts they offer. Some credits may not be available everywhere. If you would like to choose from a list of providers who offer free car insurance quotes, click here to view.

How much does car insurance cost?

Cutting your car insurance rates is actually easier than you may think. Drivers just need to take a few minutes to compare rate quotes to find the company with the cheapest insurance quotes. Shoppers can get rates in just a few minutes using one of these methods.

  1. The best way to get quotes for comparison is a comparison rater form like this one (opens in new window). This style of form saves time by eliminating separate quotes for each price estimate. One form gets prices estimates from all major companies.
  2. A more time consuming way to get quotes online requires you to visit each company website and fill out a new quote form. For instance, we’ll assume you want to view quotes from Liberty Mutual, Safeco and Farmers. To do that, you would have to visit each site to enter your coverage information, which can get rather old.

    To view a list of companies in your area, click here.

  3. Even if you have time, the least recommended method to shop rates is to spend time driving to all the different insurance agencies. Doing it all online reduces the need to sit down with an agent unless you prefer the trained guidance of a local agent. It is possible to get prices online but purchase the actual policy in an agency.

You can use whichever method you prefer to find lower rates, just do your best to use nearly identical coverages and limits on every quote. If you enter mixed coverages you will not be able to determine the best price for your Mitsubishi Montero.

Your insurance coverage coverage should be tailored to you

When it comes to choosing proper insurance coverage, there isn’t really a perfect coverage plan. Every situation is different so your insurance needs to address that. Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • Can my babysitter drive my car?
  • Who is covered when they drive my 1997 Mitsubishi Montero?
  • Can I rate high risk drivers on liability-only vehicles?
  • Should I buy only the required minimum liability coverage?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I pay less for low miles?
  • Am I covered when using my vehicle for business?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, free and can provide invaluable advice.

Coverage specifics

Having a good grasp of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. These are the usual coverages found on the average insurance policy.

Comprehensive insurance – Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as hitting a bird, damage from getting keyed, a tree branch falling on your vehicle and hail damage. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Mitsubishi Montero.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Liability – This coverage protects you from damage that occurs to other’s property or people that is your fault. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things such as pain and suffering, emergency aid and repair costs for stationary objects. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision – This covers damage to your Montero resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, colliding with another moving vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for short-term medical expenses such as hospital visits, doctor visits and nursing services. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Never pay more for less

More affordable insurance is available on the web and with local insurance agents, and you should compare rates from both to get a complete price analysis. Some insurance companies do not provide online rate quotes and usually these regional carriers work with independent agents.

As you quote insurance, you should never buy less coverage just to save a little money. In many cases, an insured dropped comprehensive coverage or liability limits only to regret they didn’t purchase enough coverage. The proper strategy is to get the best coverage possible at the best cost, but do not skimp to save money.

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