1997 Mitsubishi 3000GT Insurance Cost – 7 Tips for Cheaper Prices

Trying to find lower auto insurance rates for your Mitsubishi 3000GT? Are you overwhelmed by the dozens of auto insurance company choices? You’re not alone. Drivers have so many companies to choose from that it can be a challenge to find the best price.

Finding the best rates is not rocket science. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Although drivers need to learn the way companies price online insurance.

Get lower rates on Mitsubishi 3000GT insurance

Companies that sell car insurance don’t necessarily list every discount very clearly, so the following is a list of some of the more common and also the lesser-known savings tricks you should be using.

  • Defensive Driver – Successfully completing a course in driver safety could cut 5% off your bill if you qualify.
  • Life Insurance Discount – Companies who offer life insurance give lower rates if you buy auto and life insurance together.
  • Federal Government Employee – Active or retired federal employment may qualify you for a discount for 3000GT coverage depending on your company.
  • Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for 3000GT coverage than their less cautious counterparts.
  • Early Signing – Select companies give a discount for switching to them before your current expiration date. This can save 10% or more.
  • Auto/Home Discount – When you have multiple policies with the same company you could get a discount of up to 20% off your total premium.
  • Theft Prevention Discount – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.

It’s important to note that most credits do not apply to the entire policy premium. Most only cut individual premiums such as liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

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

Before buying, ask each company which discounts you may be entitled to. Some discounts may not apply everywhere.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Every situation is different.

These are some specific questions could help you determine if your situation will benefit from professional help.

  • Should I bundle my homeowners policy with my auto?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is a blown tire covered by insurance?
  • Is my 1997 Mitsubishi 3000GT covered for flood damage?
  • Do I need PIP coverage since I have good health insurance?
  • Should I waive the damage coverage when renting a car?
  • Why do I only qualify for high-risk insurance?
  • Does my insurance cover a custom paint job?
  • How can I get high-risk coverage after a DUI?
  • What are the financial responsibility laws in my state?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Insurance policy specifics

Understanding the coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Collision coverage protection

Collision coverage pays for damage to your 3000GT from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as driving through your garage door, hitting a parking meter and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Liability insurance

Liability insurance provides protection from damage that occurs to other people or property. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage pays for things like emergency aid, structural damage, bail bonds, legal defense fees and medical expenses. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive insurance

This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as rock chips in glass, falling objects and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for immediate expenses for X-ray expenses, pain medications, doctor visits and nursing services. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 1997 Mitsubishi 3000GT.

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 should not be overlooked.

Keep this in mind

We just presented a lot of tips how to compare 1997 Mitsubishi 3000GT insurance prices online. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. Drivers may discover the best prices are with a small mutual company.

People switch companies for many reasons like high rates after DUI convictions, denial of a claim, questionable increases in premium or policy cancellation. It doesn’t matter what your reason, finding a new insurance company is pretty easy and you might even save some money in the process.

As you go through the steps to switch your coverage, don’t be tempted to reduce needed coverages to save money. There are many occasions where someone dropped full coverage only to find out they didn’t have enough coverage. The proper strategy is to get the best coverage possible for the lowest price, not the least amount of coverage.

Additional resources