Cheap 1993 Mitsubishi Precis Car Insurance Rates

Buyers have many options when searching for low-cost Mitsubishi Precis insurance. You can either spend your time driving around to get rate comparisons or utilize the internet to get rate quotes. There is a better way to compare insurance rates so we’re going to tell you the absolute fastest way to quote coverages for a Mitsubishi and obtain the lowest possible price from local insurance agents and online providers.

Fast and Easy Car Insurance Quotes

Finding a better price on car insurance doesn’t have to be difficult. You just need to spend a few minutes comparing rate quotes online with multiple companies. This is very easy and can be done in just a few minutes using one of these methods.

  • One of the simplest ways consumers can make multiple comparisons is to use a rate comparison form (click to open form in new window). This method keeps you from doing separate quotation requests for each company you want a rate for. One quote request will return quotes from several companies. Recommended for those who want to invest the least amount of time.
  • Another way to shop for car insurance online is going to the website of each company to request a price quote. For examples sake, we’ll pretend you want to compare Nationwide, Geico and Allstate. To get rate quotes you would need to visit each site to input your insurance information, which is why most consumers use the first method.

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

However you get your quotes, make sure you use apples-to-apples information with each company. If your comparisons have differing limits it’s not possible to truly determine the lowest rate.

How to reduce 1993 Mitsubishi Precis insurance rates

Auto insurance companies do not advertise all available discounts in an easy-to-find place, so we researched some of the more common and also the lesser-known savings tricks you should be using. If they aren’t giving you every credit possible, you are throwing money away.

  • Multiple Cars – Insuring all your vehicles on the same insurance policy could earn a price break for each car.
  • Own a Home – Simply owning a home may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Drivers Education – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
  • 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for better insurance rates on Precis insurance.
  • Auto/Home Discount – When you have multiple policies with one company you will save 10% to 20% off each policy.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Precis insurance with a few insurance companies.
  • Accident Free – Drivers with accident-free driving histories pay much less as compared to frequent claim filers.

As a disclaimer on discounts, most credits do not apply the the whole policy. Most only reduce individual premiums such as collision or personal injury protection. So despite the fact that it appears it’s possible to get free car insurance, it just doesn’t work that way.

Insurance companies that possibly offer these discounts include:

Check with each insurance company which discounts they offer. All car insurance discounts might not be offered in every state.

Impacting insurance rates for a Mitsubishi Precis

It’s important that you understand the factors that play a part in calculating the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that will entitle you to lower auto insurance prices.

Shown below are a partial list of the pieces auto insurance companies consider when setting prices.

  • Bad driving skills means higher rates – Even a single speeding ticket can boost insurance rates twenty percent or more. Careful drivers have lower premiums than people who have multiple driving citations. Drivers who get severe violations such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with the DMV in their state in order to drive a vehicle legally.
  • Safe vehicles cost less to insure – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles result in less severe injuries and better occupant protection translates into savings for insurance companies passed on to you as lower rates. If your Mitsubishi has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • High deductibles save money – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Mitsubishi from damage. Some examples of claims that would be covered could be colliding with a building, damage caused by hail, and windstorm damage. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket in the event of a claim. The more the insured has to pay upfront, the less your auto insurance will be on Precis insurance.
  • Where you live – Living in small towns and rural areas can save you money when buying auto insurance. City drivers regularly have traffic congestion and much longer commute distances. Fewer drivers translates into fewer accidents as well as less vandalism and auto theft.
  • Do you need the policy add-ons? – There are quite a few add-on coverages that can waste your money when buying auto insurance. Insurance for rental car reimbursement, accident forgiveness and motor club memberships may be costing you every month. They may seem like a good idea when talking to your agent, but if you don’t need them eliminate the coverages to reduce your premium.
  • Equipment add-ons that lower auto insurance rates – Purchasing a vehicle that has an advanced theft prevention system can save you a little every year. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different.

These are some specific questions can help discover if your situation will benefit from professional help.

  • Is my trailer covered?
  • Should I rate my 1993 Mitsubishi Precis as pleasure use or commute?
  • What discounts do I qualify for?
  • What is no-fault insurance?
  • Am I covered if I wreck a rental car?
  • Do I have newly-aquired coverage?
  • Do I need replacement cost coverage on my 1993 Mitsubishi Precis?
  • When can I cancel my policy?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Can you really save $442 a year?

Consumers can’t get away from ads for car insurance savings from the likes of State Farm, Allstate and Geico. All the ads make an identical promise that you’ll save big after switching your coverage to them.

But how can every company make almost identical claims?

All the different companies can use profiling for the driver that earns them a profit. For example, a profitable customer might be between the ages of 30 and 50, has no prior claims, and drives less than 7,500 miles a year. A customer that hits that “sweet spot” gets the lowest rates and most likely will pay quite a bit less when switching companies.

Potential insureds who don’t meet the requirements will be quoted more money and this can result in the customer not buying. The ads state “customers that switch” not “everybody who quotes” save that much. That’s why companies can claim big savings. This emphasizes why you need to get as many quotes as possible. Because you never know which insurance companies will give you the biggest savings on Mitsubishi Precis insurance.

Auto insurance coverage information

Knowing the specifics of insurance can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Mitsubishi Precis.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for immediate expenses like chiropractic care, hospital visits, rehabilitation expenses, ambulance fees and surgery. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

Collision insurance

This coverage covers damage to your Precis from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like driving through your garage door, sustaining damage from a pot hole, crashing into a building, damaging your car on a curb and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Liability coverages

This provides protection from damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things such as repair costs for stationary objects, repair bills for other people’s vehicles, pain and suffering, medical expenses and structural damage. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from getting keyed, a broken windshield, hail damage and rock chips in glass. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

More comparisons equals lower rates

In this article, we presented some good ideas how you can get a better price on 1993 Mitsubishi Precis insurance. The key concept to understand is the more you quote, the higher the chance of saving money. You may be surprised to find that the lowest premiums are with a lesser-known regional company.

Insureds who switch companies do it for any number of reasons including an unsatisfactory settlement offer, delays in responding to claim requests, policy cancellation or denial of a claim. Regardless of your reason, choosing a new insurance company can be easier than you think.

As you shop your coverage around, do not skimp on coverage in order to save money. There are many occasions where an insured dropped full coverage and learned later that they should have had better coverage. Your focus should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

Even more information can be found in these articles: