How Much Does 1997 Mitsubishi Mirage Insurance Cost?

Searching for lower auto insurance rates for your Mitsubishi Mirage? Have you fallen victim to overpriced auto insurance? Trust us when we tell you many consumers feel financially strained by their auto insurance policy.

Insurance companies such as State Farm and Geico all claim big savings with ads and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.

If you currently have a car insurance policy, you will most likely be able to save some money using these tips. Choosing the best insurance company for you is not rocket science. But consumers can benefit by having an understanding of how companies sell online and apply this information to your search.

Which Car Insurance is Cheapest?

Comparing car insurance rates is a ton of work if you don’t utilize the most efficient way. You can spend your afternoon talking about coverages with local insurance agents in your area, or you could use the internet to get rates in a matter of minutes.

Most of the best insurance companies belong to a marketplace where prospective buyers complete one form, and each participating company can give them a price based on that data. This saves time by eliminating quote forms for each company you want a rate for. To enter your information into the quoting system, click here (opens in new window).

The only drawback to doing it this way is you cannot specify the insurers you want pricing from. If you wish to select from a list of companies for rate comparison, we have assembled a list of car insurance companies in your area. Click to view list.

It’s up to you which method you use, but make absolute certain that you use the exact same quote information for every company. If you have different limits and deductibles on each one you will not be able to truly determine the lowest rate. Just a small difference in coverages may cause a big price difference. Just remember that more quotes will improve the odds of getting the best offered rates.

The fine print in car insurance ads

Car insurance companies such as Allstate, Geico and Progressive constantly bombard you with ads on TV and radio. They all seem to make the same claim that you can save if you switch to them. But how can every company make the same claim? It’s all in the numbers.

Insurance companies are able to cherry pick for the right customer that earns them a profit. An example of a profitable customer might be between the ages of 30 and 50, is a homeowner, and drives newer vehicles. A customer getting a price quote who fits that profile will qualify for the lowest rates and as a result will probably save a lot of money.

Drivers who do not match this ideal profile will be quoted more money which leads to business going elsewhere. The ad wording is “drivers who switch” not “people who quote” save that much money. That’s the way companies can claim big savings. This emphasizes why it is so important to compare as many rates as you can. It is impossible to predict which car insurance company will provide you with the cheapest Mitsubishi Mirage insurance rates.

Mitsubishi Mirage rates influenced by many factors

An important part of buying insurance is that you know the rating factors that come into play when calculating your car insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

  • Your car insurance rates can be influenced by your job – Occupations such as lawyers, social workers and stock brokers tend to have the highest rates in part from high stress and lots of time spent at work. On the other hand, occupations such as scientists, students and the unemployed receive lower rates on Mirage insurance.
  • Don’t skimp on liability – Liability coverage is the protection when you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • High deductibles save money – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Mitsubishi from damage. Examples of covered claims are a windshield shattered by a rock, collision with an animal, 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 money you’re willing to pay, the less your company will charge you for insurance on Mirage insurance.
  • More miles equals more premium – The more miles you rack up on your Mitsubishi in a year the more you will pay for car insurance. Most companies charge to insure your cars based on how the vehicle is used. Cars and trucks used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. An improperly rated Mirage can cost quite a bit. Double check that your car insurance policy is showing how each vehicle is driven, because it can save money.
  • Marriage brings a discount – Having a wife or husband actually saves money on your car insurance policy. Marriage is viewed as being more mature than a single person and it’s proven that drivers who are married are more cautious.
  • Your credit rating is important – Credit score is a large factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure than drivers with poor credit. If your credit history is low, you could pay less to insure your 1997 Mitsubishi Mirage by repairing your credit.
  • Where you live – Being located in a rural area can save you money when it comes to car insurance. Fewer drivers translates into fewer accidents as well as less vandalism and auto theft. Drivers who live in large cities have to deal with traffic congestion and much longer commute distances. More time on the road can result in more accidents.
  • Extra coverages can waste money – There are many extra bells and whistles that can waste your money on your car insurance policy. Coverages for vanishing deductibles, accident forgiveness and motor club memberships are some examples. They may seem like a good idea when talking to your agent, but if you don’t need them eliminate them to save money.

Cut your premium with discounts

Car insurance companies don’t always list all available discounts in a way that’s easy to find, so we took the time to find some of the more common and the more hidden insurance coverage savings.

  • Resident Student – Youth drivers living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • Multiple Vehicles – Buying coverage for multiple vehicles with the same company can get a discount on all vehicles.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • E-sign – A handful of insurance companies will give a small break simply for signing digitally online.
  • Memberships – Belonging to a qualifying organization may earn a discount when shopping for insurance coverage on Mirage insurance.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
  • Driver Safety – Successfully completing a course in driver safety could save 5% or more depending on where you live.
  • One Accident Forgiven – Certain companies will allow you to have one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
  • Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.

Drivers should understand that most credits do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. So when the math indicates having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous.

To see a list of companies with the best insurance coverage discounts, click here.

What is the best insurance coverage?

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Each situation is unique so this has to be addressed. For example, these questions might help in determining if your insurance needs could use an agent’s help.

  • Why am I required to get a high-risk car insurance policy?
  • Do I have coverage when pulling a U-Haul trailer?
  • If my pet gets injured in an accident are they covered?
  • Should I have combined single limit or split liability limits?
  • Is my custom paint covered by insurance?
  • Can I still get insurance after a DUI?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Insurance coverage specifics

Having a good grasp of insurance aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by insurance companies.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as hospital visits, EMT expenses, surgery, doctor visits and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like vandalism, damage from getting keyed and fire damage. The maximum payout a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for collisions

Collision coverage will pay to fix damage to your Mirage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with another moving vehicle, scraping a guard rail, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Auto liability

This coverage provides protection from damage or injury you incur to a person or their property. It protects YOU from legal claims by others. 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 values 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 $100,000 of coverage for damaged propery.

Liability coverage protects against claims like funeral expenses, repair costs for stationary objects and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Be a penny pincher

You just learned a lot of techniques to get a better price on 1997 Mitsubishi Mirage insurance. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest priced insurance coverage comes from some of the smallest insurance companies. They may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.

The cheapest insurance is possible on the web and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance providers do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

Much more information about insurance coverage is available at the links below