2008 Mitsubishi Eclipse Insurance Cost – 8 Tips for Best Prices

Nobody I know looks forward to paying for car insurance, particularly when the price is too high.

Since consumers have many different company options, it can be hard to pick the lowest price provider.

Finding affordable coverage is easy if you know what you’re doing. Basically, every driver who carries auto insurance stands a good chance to be able to lower their premiums. But drivers must understand how companies market on the web because it can help you find the best coverage.

Discounts are available to cut your rates

Auto insurance companies don’t necessarily list every available discount in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find ways to save on auto insurance.

  • Senior Discount – If you qualify as a senior citizen, you may qualify for reduced rates for Eclipse coverage.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Military Discounts – Having a deployed family member could be rewarded with lower premiums.
  • Driver Safety – Completing a defensive driving course can save you 5% or more if you qualify.
  • Memberships – Belonging to a qualifying organization could trigger savings when shopping for auto insurance for Eclipse coverage.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% for Eclipse coverage with certain companies.
  • Life Insurance – Some companies give a discount if you purchase auto and life insurance together.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper compared to insuring an older model.

Keep in mind that most discounts do not apply to the entire cost. Most only reduce the cost of specific coverages such as medical payments or collision. So when it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

A partial list of companies that may offer these money-saving discounts may include but are not limited to:

It’s a good idea to ask every prospective company which discounts they offer. Savings might not apply in every state.

Everyone needs different coverages

When choosing coverage, there is no perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight whether your personal situation might need professional guidance.

  • Am I covered if hit by an uninsured driver?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Does my 2008 Mitsubishi Eclipse qualify for pleasure use?
  • What if I owe more than I can insure my car for?
  • What can I do if my company won’t pay a claim?
  • Where can I find high-risk insurance?
  • Does coverage extend to Mexico or Canada?
  • How do I buy GAP insurance?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Can switching companies really save?

Auto insurance companies such as Geico, State Farm and Progressive constantly bombard you with ads on TV and radio. They all seem to make an identical promise that you’ll save big if you switch your coverage to them. How can each company claim to save you money?

All the different companies are able to cherry pick for the driver that makes them money. For example, a profitable customer could possibly be between the ages of 40 and 55, is a homeowner, and has great credit. Any new insured who matches those parameters receives the best rates and most likely will save when switching.

Drivers who fall outside these standards will have to pay a more expensive rate which leads to business not being written. Company advertisements say “drivers who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can confidently make those claims. Because of the profiling, drivers must get as many quotes as possible. It is impossible to predict the company that will provide you with the cheapest Mitsubishi Eclipse insurance rates.

Specifics of your insurance policy

Learning about specific coverages of your insurance policy helps when choosing which coverages you need for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring. These are the usual coverages available from insurance companies.

Collision coverage

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as colliding with a tree, crashing into a ditch, driving through your garage door, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also bump up the deductible to get cheaper collision coverage.

Coverage for liability

This will cover damages or injuries you inflict on people or other property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things such as emergency aid, legal defense fees and loss of income. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for bills for things like X-ray expenses, chiropractic care, dental work, prosthetic devices and rehabilitation expenses. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Comprehensive insurance

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like vandalism, rock chips in glass, damage from getting keyed 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 consider dropping full coverage.

Be a penny pincher

We just covered a lot of information how to shop for 2008 Mitsubishi Eclipse insurance online. It’s most important to understand that the more you quote, the better your comparison will be. You may be surprised to find that the lowest premiums are with an unexpected company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate or State Farm.

When shopping online for insurance coverage, make sure you don’t buy poor coverage just to save money. There are many occasions where an insured cut comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Additional information can be read below: