2006 Mitsubishi Lancer Insurance Rates

No sane person looks forward to paying premiums for auto insurance, particularly when they are paying too much.

Popular companies such as Progressive, GEICO and Farmers Insurance constantly bombard you with TV and radio ads and it can be hard to separate fact from fiction and find the best price available.

It is always a good idea to compare prices yearly because prices change regularly. Despite the fact that you may have had the lowest quotes on Lancer coverage a few years ago you may be paying too much now. Ignore everything you know about auto insurance because we’re going to demonstrate the proper way to find better coverage at a better price.

The quickest way to compare policy rates is to know almost all companies pay for the opportunity to compare rate quotes. The only thing you need to do is provide the companies a bit of rating information including whether you are married, if your license is active, driver details, and types of safety features. That rating information is instantly sent to many highly-rated insurers and they provide comparison quotes within a short period of time.

To check 2006 Mitsubishi Lancer insurance prices now, click here and enter your zip code.

Take advantage of every insurance coverage discount

Car insurance is not cheap, but you might be missing out on some discounts that you may not know about. Most are applied at the time you complete a quote, but a few must be manually applied before being credited.

  • Early Renewal Discounts – Some companies provide a discount for switching companies prior to your current policy expiring. This discount can save up to 10%.
  • Buy New and Save – Adding a new car to your policy is cheaper because newer vehicles keep occupants safer.
  • 55 and Retired – Mature drivers can get better insurance coverage rates on Lancer coverage.
  • Active Military Service – Being deployed with a military unit could qualify you for better premium rates.
  • Bundled Policy Discount – If you can combine your home and auto policy with the same insurance company you could get a discount of at least 10 to 15 percent or more.
  • Smart Student Discounts – Being a good student may save you up to 25%. You can use this discount normally up until you turn 25.
  • E-sign – A few larger online companies will discount your bill up to fifty bucks get car insurance on the internet.
  • Telematics Data – Drivers who elect to allow driving data submission to analyze driving manner by using a telematic data system like Allstate’s Drivewise might get better premium rates if their driving habits are good.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. Most cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like it’s possible to get free car insurance, that’s just not realistic.

Car insurance companies who may offer some of the above discounts possibly include:

If you need lower rates, check with every insurance company the best way to save money. Some discounts may not apply to policyholders in your area. To find insurers with the best discounts, follow this link.

How to know if you need help

When it comes to choosing the best insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s needs are different so this has to be addressed. For example, these questions might point out if your situation might need an agent’s assistance.

  • Am I covered if I hit my neighbor’s mailbox?
  • Do I need added coverage for expensive stereo equipment?
  • Do I need higher collision deductibles?
  • Will I lose any money if I cancel my policy before it expires?
  • Can I drive in Mexico and have coverage?
  • Should I buy more coverage than the required minimum liability coverage?
  • When should I not file a claim?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Insurance coverage specifics

Learning about specific coverages of a insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. Below you’ll find the normal coverages available from insurance companies.

Collision coverage protection

Collision coverage covers damage to your Lancer from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like crashing into a ditch, driving through your garage door, rolling your car and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like theft, damage from a tornado or hurricane, rock chips in glass and a tree branch falling on your vehicle. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Mitsubishi Lancer.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for prosthetic devices, surgery, EMT expenses, funeral costs and hospital visits. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Liability car insurance

Liability insurance provides protection from damage that occurs to other people or property in an accident. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims such as court costs, repair bills for other people’s vehicles, repair costs for stationary objects and attorney fees. How much coverage you buy is up to you, but buy as much as you can afford.