2016 Mitsubishi i-MiEV Insurance Quotes

Purchasing cheap insurance coverage over the internet can seem to be challenging for people who are new to comparing rates online. With a ridiculous number of companies in the marketplace, how can you effectively compare every company to locate the lowest price available?

Finding the best rates is quite easy. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using this strategy. But consumers need to learn how big insurance companies price insurance differently and use this information to your advantage.

Verify you’re getting all your discounts

Auto insurance companies don’t list all their discounts very clearly, so here is a list some of the more common as well as the least known savings tricks you should be using.

  • Theft Prevention Discount – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Air Bag Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Safe Driver Discount – Insureds without accidents may save up to 50% more for i-MiEV insurance than drivers with accidents.
  • Discount for Good Grades – Getting good grades can save 20 to 25%. The good student discount can last up to age 25.
  • Sign Early and Save – Select companies give a discount for switching policies before your current policy expires. It can save you around 10%.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Mitsubishi could qualify for discounted rates on garaged vehicles.
  • Multi-policy Discount – If you insure your home and vehicles with the same company you will save 10% to 20% off each policy.

As a disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck.

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

Finding Car Insurance

To find the best car insurance prices, there are several ways to compare rate quotes from different insurance companies. The easiest way by far to find the lowest 2016 Mitsubishi i-MiEV rates is to get quotes online. This can be done in a couple of different ways.

  1. The best way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This method saves time by eliminating multiple quote forms for each company you want a rate for. Filling out one form will get you rate comparisons from many national carriers. It’s definitely the quickest method.
  2. A different way to compare rate quotes requires a visit to the website for each individual company to complete their respective quote request forms. For examples sake, we’ll pretend you want rates from Farmers, 21st Century and Liberty Mutual. To find out each rate you need to take the time to go to each site and enter your policy data, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

Whichever method you choose, ensure you’re using identical coverages and limits for every company. If you use different liability limits you can’t possibly make a fair comparison for your Mitsubishi i-MiEV. Quoting even small variations in coverage limits could mean much higher rates. Keep in mind that obtaining a wide range of quotes helps you find the best rates.

Why your Mitsubishi i-MiEV might be costing you more

Consumers need to have an understanding of the different types of things that come into play when calculating the rates you pay for car insurance. Knowing what determines base rates helps enable you to make changes that will entitle you to better car insurance rates.

The list below includes some of the items that factor into prices.

  • High crash test scores lower rates – Cars with high safety ratings are cheaper to insure. Safe vehicles reduce injuries and fewer injuries means lower claim amounts and thus lower rates. If your Mitsubishi i-MiEV scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Multiple policies with one company can save – Most car insurance companies provide better rates to policyholders who buy several policies from them. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even with this discount, it’s in your best interest to comparison shop to make sure you are getting the best deal.
  • Better credit means lower rates – Having a bad credit rating is a big factor in determining your rates. Consumers who have high credit scores tend to be less risk to insure than drivers with poor credit. So if your credit history can use some improvement, you could potentially save money when insuring your 2016 Mitsubishi i-MiEV by improving your credit score.
  • Where you live can impact rates – Residing in small towns and rural areas can be a good thing when insuring your vehicles. Lower population means fewer accidents. City drivers regularly have much more traffic to deal with and longer commutes to work. Higher commute times means higher likelihood of an accident.
  • Your spouse saves you money – Having a wife or husband actually saves money when buying car insurance. It usually means you are more mature and statistics show married drivers get in fewer accidents.
  • Lower deductibles cost more – Deductibles for physical damage define the amount you are required to spend if you file a covered claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply are running into the backend of another car, damage caused by hail, and windstorm damage. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance for i-MiEV insurance.
  • Don’t buy coverages you don’t need – There are many extra coverages that you can buy on your car insurance policy. Coverages like rental car reimbursement, towing coverage and additional equipment coverage are some examples. These may sound like a good investment at first, but now you might not need them so get rid of them and save.
  • More claims means more premium – Auto insurance companies provide lower rates to people who file claims infrequently. If you tend to file frequent claims, you can look forward to higher rates. Insurance coverage is designed for the bigger claims that can’t be paid out-of-pocket.

When should I talk to an agent?

When choosing adequate coverage for your personal vehicles, there really is no single plan that fits everyone. Each situation is unique.

For example, these questions can aid in determining if your insurance needs might need professional guidance.

  • Am I covered if I hit a deer?
  • How can I get my company to pay me more for my totalled car?
  • Is my Mitsubishi i-MiEV covered if I use it for business?
  • Am I covered if I wreck a rental car?
  • When does my teenage driver need to be added to my policy?
  • Should I waive the damage coverage when renting a car?
  • Can I afford to pay high deductible claims out of pocket?
  • Does liability extend to a camper or trailer?
  • Should I buy more coverage than the required minimum liability coverage?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Insurance coverages 101

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as surgery, doctor visits and chiropractic care. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as a tree branch falling on your vehicle, damage from getting keyed and a broken windshield. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

Collision coverage pays for damage to your i-MiEV resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as crashing into a building, hitting a parking meter and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Coverage for liability

This provides protection from damage or injury you incur to other’s property or people by causing an accident. This insurance protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

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 liability limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like repair costs for stationary objects, funeral expenses, medical services and structural damage. How much coverage you buy is your choice, but you should buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Quote more, save more

People switch companies for any number of reasons including extreme rates for teen drivers, being labeled a high risk driver, unfair underwriting practices or high rates after DUI convictions. Whatever your reason, switching auto insurance companies is easier than you think.

Budget-conscious 2016 Mitsubishi i-MiEV insurance can be sourced both online and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some companies may not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

We’ve covered a lot of information how to lower your insurance rates. The key concept to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. You may be surprised to find that the most savings is with some of the lesser-known companies.

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