Compare 2014 Mitsubishi Lancer Sportback Insurance Quotes

Overpriced Mitsubishi Lancer Sportback insurance can empty your personal savings and put a big crunch on your finances. Shopping your coverage around is a great way to reduce premiums and put more money in your pocket. Companies like State Farm, Farmers Insurance, Geico and Allstate continually bombard you with ad campaigns and it can be hard to ignore the flashy ads and effectively compare rates to find the best deal.

It is always a good idea to shop coverage around periodically since rates tend to go up over time. If you had the best deal on Lancer Sportback coverage last year a different company probably has better rates today. You’ll find quite a bit of inaccurate information about insurance on the internet, so I’m going to show you the best ways to save money.

If you have a current auto insurance policy or need a new policy, you can learn to find the best rates while maintaining coverages. Choosing the best insurance company for you is not rocket science. Consumers just need to learn the best way to buy auto insurance online.

Why your Mitsubishi Lancer Sportback insurance rates may be high

It’s important that you understand the rating factors that go into determining the rates you pay for insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that could result in lower insurance prices.

Listed below are a partial list of the pieces companies use to determine premiums.

  • Theft deterrents lower rates – Driving a car with a theft deterrent system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
  • Better credit scores mean better rates – A driver’s credit history is a large factor in determining what you pay for insurance. Therefore, if your credit rating is not that good, you could be paying less to insure your 2014 Mitsubishi Lancer Sportback by spending a little time repairing your credit. Consumers who have excellent credit tend to be less risk to insure than drivers who have lower credit scores.
  • Your age impacts your rates – Teenage drivers tend to get distracted easily when behind the wheel so insurance rates are higher. Older insureds are more responsible, statistically cause fewer accidents and get fewer tickets.
  • Traffic citations inflate rates – Drivers who don’t get tickets get better rates than people who have multiple driving citations. Just one ticket can bump up the cost by as much as thirty percent. Drivers who have severe citations such as DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to drive a vehicle legally.
  • Women pay lower rates – Statistics demonstrate women are more cautious behind the wheel. That doesn’t necessarily mean that women are better drivers. They both have accidents at a similar rate, but men cause more damage. Men also get more serious tickets like reckless driving and DUI. Youthful male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Pleasure use saves money – Driving more miles in a year’s time the higher your rate. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Cars left parked in the garage can get a lower rate compared to those used for work or business. Make sure your insurance coverage is rated on the proper vehicle usage, because it can save money. If your policy improperly rates your Lancer Sportback can cost quite a bit.
  • More than one policy can earn a discount – Many companies provide better rates to customers who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, you may still want to compare other company rates to verify if the discount is saving money.

Pay less by taking advantage of discounts

Insuring your vehicles can cost a lot, but there are discounts available to cut the cost considerably. Larger premium reductions will be automatically applied when you get a quote, but lesser-known reductions have to be inquired about before you will receive the discount. If you’re not getting every credit available, you are paying more than you should be.

  • Life Insurance Discount – Select insurance companies reward you with a discount if you purchase auto and life insurance together.
  • Paperless Signup – A handful of insurance companies will discount your bill up to fifty bucks just for signing your application on their website.
  • Homeowners Pay Less – Owning a house may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Anti-theft Discount – Cars that have factory anti-theft systems can help prevent theft and will save you 10% or more.
  • Discount for Good Grades – Getting good grades can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Most cut specific coverage prices like physical damage coverage or medical payments. Just because it seems like you could get a free car insurance policy, companies wouldn’t make money that way. But any discount will bring down your overall premium however.

Insurance companies that possibly offer these money-saving discounts may include but are not limited to:

Double check with every prospective company which discounts they offer. Discounts may not be available in your area.

Your coverage should be tailored to you

When buying the best auto insurance coverage for your vehicles, there really is not a cookie cutter policy. Each situation is unique so your insurance should reflect that These are some specific questions might point out whether your personal situation could use an agent’s help.

  • Do I need PIP (personal injury protection) coverage in my state?
  • When would I need rental car insurance?
  • Should I bundle my homeowners policy with my auto?
  • If my pet gets injured in an accident are they covered?
  • Is extra glass coverage worth it?
  • Are my friends covered when driving my car?
  • Am I covered when driving on a suspended license?
  • Is my ex-spouse still covered by my policy?
  • Do I need more liability coverage?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and can help protect your family.

Specific coverages for a Mitsubishi Lancer Sportback

Learning about specific coverages of your auto insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. These are the usual coverages available from auto insurance companies.

Auto liability insurance – This will cover injuries or damage you cause to a person or their property by causing an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as bail bonds, medical services and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as doctor visits, rehabilitation expenses and X-ray expenses. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

Collision – Collision insurance pays for damage to your Lancer Sportback resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, driving through your garage door, crashing into a building, rolling your car and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to bring the cost down.

Comprehensive auto coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, a broken windshield, hitting a deer and fire damage. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Mitsubishi Lancer Sportback.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Make an honest buck

Lower-priced 2014 Mitsubishi Lancer Sportback insurance can be purchased online and also from your neighborhood agents, and you need to comparison shop both to get a complete price analysis. Some auto insurance companies may not provide online price quotes and most of the time these small, regional companies sell through independent agents.

We just showed you a lot of ways to lower your insurance rates. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. Drivers may discover the best prices are with the smaller companies. Regional companies often have lower prices on specific markets than their larger competitors like Progressive and Geico.

More tips and info about auto insurance can be found by following these links: