Cheap 2011 Mitsubishi Eclipse Insurance Rates

Overwhelmed by the wide range of insurance coverage sources available to you? Many other drivers are as well. consumers have so many options that it can easily become a lot of work to lower your prices.

It is always a good idea to compare premium rates quite often since insurance rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best premium rates for Eclipse insurance six months ago other companies may now be cheaper. There is a lot of bad advice regarding insurance coverage out there, but I’m going to show you some of the best techniques to save money.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. Shopping for affordable coverage is simple if you know the tricks. Nevertheless, drivers must comprehend how big insurance companies sell insurance online because it can help you find the best coverage.

Why smart consumers pay less for Mitsubishi Eclipse insurance

An important part of buying insurance is that you know the rating factors that go into determining the rates you pay for insurance. If you have a feel for what determines base rates, this enables you to make decisions that could result in lower insurance prices.

The following are a few of the things used by insurance companies to determine your rates.

  • Choose high crash test ratings and save – Vehicles that have high safety ratings are cheaper to insure. Vehicles built for safety protect occupants better and lower rates of occupant injuries means lower claim amounts and thus lower rates. If your Mitsubishi Eclipse has at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Gender is a factor – Statistics demonstrate that females take fewer risks when driving. However, don’t assume that females are better drivers. Males and females cause fender benders in similar numbers, but the males tend to have more serious accidents. Not only are claims higher, but men have more aggressive citations like DWI (DUI) or reckless driving.
  • Bad credit hurts insurance rates – Credit score factor in determining your rates. Drivers who have very good credit scores tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings. If your credit can be improved, you could save money insuring your 2011 Mitsubishi Eclipse by repairing your credit.
  • Low deductibles mean high prices – Insurance for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your vehicle. Some examples of claims that would be covered are running into the backend of another car, hitting a deer, and burglary. Comprehensive and collision coverage deductibles define how much you are required to spend if you file a covered claim. The higher the amount the insured has to pay upfront, the better rate you will receive for Eclipse insurance.
  • Get hitched and get cheaper rates – Having a significant other actually saves money compared to being single. It means you’re more responsible it has been statistically shown that drivers who are married are more cautious.
  • How do annual miles impact prices? – The more you drive your Mitsubishi annually the higher the price you pay to insure it. The majority of insurers charge rates determined by how the vehicle is used. Vehicles that have low annual miles receive better premium rates than cars that get driven a lot. Improper usage on your Eclipse may be wasting your money. It’s a smart idea to ensure your insurance policy reflects the correct usage for each vehicle.

Insurance Discounts

Companies that sell car insurance don’t always list all possible discounts in an easy-to-find place, so we took the time to find some of the best known and the harder-to-find credits that you can use to lower your rates.

  • Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen less frequently and can earn a small discount on your policy.
  • Use Seat Belts – Forcing all vehicle occupants to wear their seat belts could cut 10% or more off PIP or medical payments premium.
  • Mature Driver Discount – Seniors can possibly qualify for a slight reduction on a auto insurance quote for Eclipse insurance.
  • Good Drivers – Insureds who avoid accidents may receive a discount up to 45% for Eclipse insurance than less cautious drivers.
  • Low Miles Discount – Keeping the miles down on your Mitsubishi can qualify you for discounted prices on garaged vehicles.
  • Pay Early and Save – By making one initial payment as opposed to paying monthly you could save 5% or more.
  • Resident Student – Children who are enrolled in higher education away from home and leave their car at home may qualify for this discount.
  • Auto/Life Discount – Some insurance carriers give lower insurancerates if you buy life insurance.

One last thing about discounts, some credits don’t apply to all coverage premiums. Most cut the cost of specific coverages such as comp or med pay. Despite the fact that it seems like all the discounts add up to a free policy, it doesn’t quite work that way. Any qualifying discounts will bring down your premiums.

Popular insurance companies and some of the discounts include:

  • GEICO policyholders can earn discounts including multi-policy, air bags, five-year accident-free, multi-vehicle, anti-lock brakes, good student, and defensive driver.
  • MetLife may have discounts that include multi-policy, good driver, claim-free, accident-free, and defensive driver.
  • State Farm offers discounts for anti-theft, good driver, multiple policy, Steer Clear safe driver discount, and good student.
  • Progressive has discounts for homeowner, multi-vehicle, good student, online quote discount, and continuous coverage.
  • Mercury Insurance discounts include annual mileage, anti-theft, multi-car, ease of repair, low natural disaster claims, accident-free, and good driver.
  • 21st Century may include discounts for theft prevention, air bags, 55 and older, anti-lock brakes, and student driver.
  • Allstate includes discounts for new car, anti-lock brakes, eSmart discount, senior citizen, passive restraint, and EZ pay plan discount.

Before you buy a policy, ask every prospective company which discounts they offer. A few discounts may not apply to policies in every state. To choose companies offering insurance discounts, click here to view.

Smaller companies may have the best rates

Respected companies like State Farm and Allstate constantly bombard you with ads on TV and radio. They all have a common claim that you’ll save big if you change your policy. How do they all offer you a better deal? It’s all in the words they use.

Companies quote the lowest rates for the type of driver that will most likely be profitable. For instance, a preferred risk might have to be a mature driver, has few claims, and has great credit. A customer who fits those characteristics will get low prices and will also save when they switch companies.

Potential customers who don’t meet these stringent criteria will probably be forced to pay a higher premium and the prospect going elsewhere. The trick is to say “drivers that switch” not “everyone that quotes” save that much money. This is how insurance companies can make those statements. This really emphasizes why it is so important to get as many free auto insurance quotes as possible. It’s impossible to know which insurance coverage company will have the best rates.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage, there really is no one size fits all plan. Everyone’s needs are different.

Here are some questions about coverages that can help discover if you would benefit from professional advice.

  • How does medical payments coverage work?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I covered if I hit a deer?
  • I have good health insurance, so how much medical payments coverage do I need?
  • What should my uninsured motorist coverage limits be in my state?
  • When should I not file a claim?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Coverages available on your policy

Learning about specific coverages of your policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like surgery, X-ray expenses, dental work and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverages – This will pay to fix damage to your Eclipse resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like scraping a guard rail, crashing into a ditch, colliding with a tree and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Liability car insurance – Liability insurance protects you from damages or injuries you inflict on other people or property by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like structural damage, funeral expenses, attorney fees and pain and suffering. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like vandalism, theft, rock chips in glass and fire damage. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

In Summary

As you shop your coverage around, it’s not a good idea to reduce coverage to reduce premium. In many instances, an accident victim reduced collision coverage and discovered at claim time that it was a big mistake. The goal is to find the BEST coverage at the best cost, but don’t skip important coverages to save money.

Some insurance providers may not offer rates over the internet and usually these regional carriers provide coverage only through independent agencies. Affordable 2011 Mitsubishi Eclipse insurance can be purchased on the web and also from your neighborhood agents, and you should be comparing both so you have a total pricing picture.

You just read a lot of ways to lower your 2011 Mitsubishi Eclipse insurance premium rates. The key thing to remember is the more quotes you get, the better your chances of lowering your prices. You may even discover the best price on car insurance is with a small local company.

Other information