2003 Mitsubishi Lancer Car Insurance Quotes – 9 Tips for Cheaper Rates

Searching for the cheapest insurance coverage rates for your Mitsubishi Lancer? Tired of robbing Peter to pay Paul to pay your car insurance bill each month? Your situation is no different than most other car owners. Numerous insurers battle for your hard-earned dollar, and it can be difficult to compare rates and uncover the absolute lowest rate

The quickest method to compare rate quotes is to know the fact almost all companies will pay a fee to give you rate quotes. To begin a comparison, all you need to do is provide a little information such as how much you drive, the year, make and model of vehicles, if your license is active, and how much coverage you want. The data is sent automatically to insurance companies and they provide comparison quotes quickly.

Do I just need basic coverages?

When it comes to buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different so your insurance should reflect that For instance, these questions can aid in determining if your insurance needs would benefit from an agent’s advice.

  • Am I covered when driving in Canada or Mexico?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have newly-aquired coverage?
  • Does liability extend to a camper or trailer?
  • Are rock chip repairs covered?
  • Does insurance cover tools stolen from my truck?
  • Is my cargo covered for damage or theft?
  • When should I buy a commercial auto policy?
  • Is business equipment covered while in my vehicle?
  • Am I missing any policy discounts?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance coverage options for a Mitsubishi Lancer

Learning about specific coverages of your auto insurance policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages found on most auto insurance policies.

Protection from uninsured/underinsured drivers

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Comprehensive (Other than Collision)

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like fire damage, damage from flooding and damage from a tornado or hurricane. The most your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as backing into a parked car, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Liability coverages

This coverage will cover damages or injuries you inflict on a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as medical services, repair bills for other people’s vehicles, loss of income, court costs and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Medical expense insurance

Med pay and PIP coverage pay for short-term medical expenses for ambulance fees, EMT expenses, funeral costs and surgery. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay