Lower Your 2014 Mitsubishi Lancer Sportback Car Insurance Rates

Expensive Mitsubishi Lancer Sportback insurance can overdraw your bank account and put the squeeze on your family’s finances. With so many insurance providers from which to choose, it is hard for the average consumer to locate the right company.

You should take the time to shop coverage around every six months because car insurance rates go up and down regularly. Even if you think you had the lowest premium rates for Lancer Sportback coverage six months ago you may be paying too much now. Ignore everything you know about car insurance because we’re going to demonstrate the fastest way to buy cheaper car insurance.

How much does insurance coverage cost?

Finding cheaper insurance coverage rates is pretty simple and can save money. You just have to take time to get quotes to find out which insurance company has the cheapest insurance coverage quotes. You can get a good selection of rate quotes using one of these methods.

One of the fastest ways to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This method keeps you from doing separate forms for each company you want a rate for. Completing one form will get you price quotes from several companies.

A more time consuming way to get quotes online consists of visiting each company’s website and go through the quote process again. For examples sake, let’s say you want to compare GEICO, Safeco and State Farm. In order to compare rates, you need to go to every website and repeatedly type in your coverage information, which explains why we recommend starting with the first method.

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

The least efficient and most time consuming way to find and compare rates is physically going to all the different insurance agencies. The fact that you can get quotes online can eliminate the need for a local agent unless your situation requires the extra assistance of a licensed agent. Drivers can comparison shop online but buy from a local insurance agent.

You can choose any of those ways to find more affodable coverage, but ensure you’re using exactly the same quote information for each quote you get. If each company quotes different liability limits it will be very difficult to determine which company has the best rates.

Discounts for affordable insurance rates

Some insurers don’t always publicize the complete list of policy discounts in an easy-to-find place, so we break down a few of the more common and also the lesser-known discounts that you may qualify for.

  • Payment Method – If you can afford to pay the entire bill instead of paying each month you can avoid the installment charge.
  • Passive Restraint Discount – Vehicles equipped with air bags may get savings of more than 20%.
  • Drivers Ed for Students – Have your child participate in a local driver’s education class as it can save substantially.
  • Senior Citizen Discount – Mature drivers are able to get better insurance rates for Lancer Sportback coverage.
  • No Claim Discounts – Drivers with accident-free driving histories can save substantially as compared to policyholders that have many claims.
  • Use Seat Belts – Drivers who always wear seat belts and also require passengers to buckle up before driving could save 15% off the PIP or medical payment premium.
  • Drive Less and Save – Driving fewer miles could be rewarded with discounted rates on garaged vehicles.
  • Home Ownership Discount – Simply owning a home can earn you a little savings because maintaining a house shows financial diligence.
  • Discounts for Safe Drivers – Drivers who avoid accidents can save as much as half off their rates for Lancer Sportback coverage compared to accident prone drivers.
  • Student in College – College-age children who are attending college and won’t have access to an insured vehicle may qualify for this discount.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like adding up those discounts means a free policy, it doesn’t quite work that way.

A few of the larger companies and their offered discounts can be found below.

  • Progressive discounts include good student, homeowner, multi-vehicle, continuous coverage, and online signing.
  • SAFECO has discounts for multi-car, teen safety rewards, bundle discounts, accident prevention training, teen safe driver, and homeowner.
  • American Family may have discounts that include early bird, good student, multi-vehicle, defensive driver, air bags, and Steer into Savings.
  • MetLife policyholders can earn discounts including accident-free, good driver, multi-policy, defensive driver, good student, claim-free
  • GEICO includes discounts for military active duty, emergency military deployment, daytime running lights, multi-policy, driver training, and anti-theft.
  • The Hartford may offer discounts for vehicle fuel type, good student, driver training, bundle, anti-theft, and defensive driver.

Before purchasing a policy, check with all companies you are considering which discounts they offer. All car insurance discounts may not be offered everywhere. To locate companies who offer online insurance quotes, follow this link.

You may need specialized auto insurance coverage

When it comes to choosing the right insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether your personal situation will benefit from professional help.

  • Can I make deliveries for my home business?
  • Do I need higher collision deductibles?
  • Do I have coverage if my license is suspended?
  • Do all my vehicles need collision coverage?
  • Is there coverage for injuries to my pets?
  • What is high-risk coverage and where do I buy it?
  • If my 2014 Mitsubishi Lancer Sportback is totaled, can I afford another vehicle?
  • Who is covered when they drive my 2014 Mitsubishi Lancer Sportback?
  • Can I drive in Mexico and have coverage?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Specifics of your insurance policy

Understanding the coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement. Listed below are the normal coverages available from insurance companies.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as scraping a guard rail, crashing into a ditch, damaging your car on a curb, sideswiping another vehicle and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

This provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and damage to your Mitsubishi Lancer Sportback.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive coverages

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, a tree branch falling on your vehicle, theft, damage from a tornado or hurricane and hitting a deer. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical payments

Med pay and PIP coverage provide coverage for immediate expenses for EMT expenses, ambulance fees, nursing services, X-ray expenses and rehabilitation expenses. They are often used in conjunction with a health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Liability coverage

Liability insurance will cover injuries or damage you cause to other people or property. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability insurance covers claims such as legal defense fees, bail bonds and medical services. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.