How Much Does 2004 Mitsubishi Eclipse Insurance Cost?

Trying to find cheaper insurance rates? Buyers have many options when searching for affordable Mitsubishi Eclipse insurance. They can either spend hours calling around to compare prices or utilize the internet to find the lowest rates. There is a better way to buy insurance so we’re going to tell you the proper way to quote coverages for your Mitsubishi and obtain the lowest price from local insurance agents and online providers.

You need to check insurance prices on a regular basis since insurance prices are adjusted regularly by insurance companies. Just because you found the lowest rates on Eclipse insurance two years ago there may be better deals available now. Forget all the misinformation about insurance because you’re about to learn one of the quickest ways to get good coverage at a lower rate.

Save money with these insurance coverage discounts

Some providers don’t list every available discount in a way that’s easy to find, so we took the time to find a few of the more well known and also the more inconspicuous credits that you can use to lower your rates.

• Service Members Pay Less – Having a deployed family member could be rewarded with lower insurance coverage rates.
• Accident Free – Good drivers with no accidents can earn big discounts as opposed to bad drivers.
• Defensive Driving Course – Taking a class that teaches defensive driver techniques could possibly earn you a 5% discount depending on where you live.
• Switch and Save Discount – A few insurance coverage companies offer discounts for signing up before your current expiration date. It can save you around 10%.
• Good Student – This discount could provide a savings of up to 20% or more. Earning this discount can benefit you well after school through age 25.

A little note about advertised discounts, most discount credits are not given to the entire cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, it just doesn’t work that way.

The best insurance coverage companies and some of their more popular discounts can be found below.

• American Family has savings for Steer into Savings, TimeAway discount, bundled insurance, early bird, mySafetyValet, and multi-vehicle.
• State Farm offers discounts including defensive driving training, passive restraint, good student, accident-free, anti-theft, driver’s education, and student away at school.
• 21st Century discounts include anti-lock brakes, driver training, homeowners, early bird, student driver, teen driver, and automatic seat belts.
• Travelers includes discounts for good student, multi-car, IntelliDrive, home ownership, new car, and driver training.
• Geico offers discounts for driver training, multi-vehicle, military active duty, emergency military deployment, and seat belt use.

Before you buy a policy, ask every company how many discounts you can get. Some discounts listed above may not be offered in your area. To locate providers that offer discounts, click here.

What determines Mitsubishi Eclipse insurance premiums?

Lots of factors are used in the calculation when you quote your car insurance policy. Some are obvious such as your driving record, but some are less obvious such as whether you are married or how safe your car is.Part of the car insurance buying process is learning some of the things that come into play when calculating the level of your policy premiums. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that may reward you with better car insurance rates.

• Having a spouse can save you money – Your spouse actually saves money on your policy. Having a significant other is viewed as being more mature and responsible it has been statistically shown that married drivers tend to file fewer claims.
• Location can influence price – Living in less populated areas of the country can be a good thing when trying to find low car insurance rates. Less people living in that area corresponds to lower accident rates in addition to lower liability claims City drivers have more traffic problems and a longer drive to work. Higher commute times means higher likelihood of an accident.
• Do you work long hours in a high stress employer? – Did you know that where you work can have an impact on rates? Jobs such as fire fighters, executives and financial analysts generally pay the highest average rates in part from intense work requirements and incredibly demanding work hours. On the flip side, careers like professors, athletes and the unemployed have the lowest average rates on Eclipse insurance.
• Never go without car insurance – Driving without insurance coverage in place is illegal and any future policy may cost more because you let your coverage cancel without a new policy in place. In addition to paying higher rates, the inability to provide proof of insurance may result in a license revocation or jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
• Safety ratings are a factor – Safer cars get lower rates. These vehicles reduce occupant injuries and better occupant protection means lower claim amounts and cheaper rates on your policy. If your Mitsubishi Eclipse is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
• Annual mileage and car insurance premiums – Driving more miles every year the higher your rate. Most companies calculate prices partially by how you use the vehicle. Vehicles used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. Incorrect rating for your Eclipse is just wasting money. Ask your agent if your declarations sheet correctly shows the proper vehicle usage, because improper ratings can cost you money.
• Additional coverages that may be costing you – There are quite a few extra coverages that can add up when buying car insurance. Things like replacement cost coverage, accident forgiveness, and extra life insurance coverage may not be needed and are just wasting money. These coverages may sound good when deciding what coverages you need, but your money might be better spent on other coverage so think about removing them and cutting costs.
• You may save more by bundling policies – Some insurers give better rates to people that purchase more than one policy. It’s known as a multi-policy discount. Even with this discount, drivers will still want to shop around to ensure the best deal.

Insurance can get complicated

When it comes to choosing coverage for your vehicles, there really is not a cookie cutter policy. Every situation is different.

These are some specific questions can aid in determining if you would benefit from professional advice.

• Does my car insurance cover rental cars?
• Does my policy pay for OEM or aftermarket parts?
• Am I covered if I hit a deer?
• What is the minimum liability in my state?
• What is the rate difference between pleasure use and commuting?
• Am I covered if hit by an uninsured driver?
• Am I getting all the discounts available?
• If my pet gets injured in an accident are they covered?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

Tricks in insurance coverage advertising

Consumers can’t avoid all the ads that claim the best car insurance rates by companies like State Farm and Allstate. They all seem to make an identical promise that people will save if you move to them.

How does each company charge you a lower premium?

Insurance coverage companies require specific criteria for the type of insured they prefer to insure. For instance, a driver they prefer could possibly be between the ages of 30 and 50, has few claims, and does not commute to work. A customer getting a price quote who fits that profile may get the lowest prices and most likely will save a lot of money.

People who may not quite match the ideal profile must pay higher premium rates which results in the customer not purchasing. The trick is to say “customers who switch” not “everyone that quotes” will save that much if they switch. That is how companies can truthfully make those statements. Different companies use different criteria so you absolutely need to compare as many free insurance coverage quotes as you can. It’s impossible to know which company will have the best rates.

Car insurance coverages for a Mitsubishi Eclipse

Learning about specific coverages of a insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement.

Collision coverages – This coverage covers damage to your Eclipse resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a ditch, hitting a parking meter, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like chiropractic care, dental work, nursing services and prosthetic devices. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, a tree branch falling on your vehicle and rock chips in glass. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for liability – Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show 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 a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as structural damage, bail bonds, pain and suffering, medical services and emergency aid. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Feed the piggy bank

We just showed you a lot of ways to get a better price on 2004 Mitsubishi Eclipse insurance. The key concept to understand is the more times you quote, the better chance you’ll have of finding the cheapest insurance coverage. Consumers may even find the lowest priced insurance coverage comes from a small local company.

Lower-priced insurance coverage is available on the web in addition to many insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some companies may not provide the ability to get a quote online and usually these small insurance companies work with independent agents.

As you shop your coverage around, it’s very important that you do not sacrifice coverage to reduce premiums. In many cases, consumers will sacrifice uninsured motorist or liability limits only to find out that the savings was not a smart move. The ultimate goal is to buy enough coverage at the best cost and still be able to protect your assets.

More detailed insurance coverage information can be found at these sites:

• Keeping Children Safe in Crashes Video (iihs.org)
• Side Impact Crash Tests (iihs.org)
• Cellphones, Texting and Driving (iihs.org)
• Crash Avoidance Technologies FAQ (iihs.org)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)