Save on 1996 Mitsubishi Eclipse Spyder Car Insurance Cost

Trying to find cheaper insurance for a Mitsubishi Eclipse Spyder could be a painful process, but you can learn a few tricks and make it easy. There are more efficient ways to shop for insurance and you need to know the quickest way to quote coverages for a new or used Mitsubishi and get the lowest price from both online companies and local agents.

It’s a great practice to compare prices quite often due to the fact that insurance rates fluctuate regularly. Despite the fact that you may have had the best price for Eclipse Spyder coverage a couple years back you can probably find a better price now. Forget all the misinformation about insurance because you’re about to learn one of the quickest ways to lower your rates without sacrificing coverage.

Finding affordable coverage is quite easy. If you are insured now or are just looking to switch companies, you can use these techniques to get lower rates while maximizing coverage. Consumers just need to understand how to compare company rates on the web.

Verify you’re getting all your discounts

Companies offering auto insurance don’t always list all their discounts very clearly, so we took the time to find both the well known and the more hidden discounts you could be receiving. If you’re not getting every credit you qualify for, you are throwing money away.

  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Distant Student – Youth drivers living away from home attending college without a vehicle on campus may be able to be covered for less.
  • Pay Upfront and Save – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • Drive Less and Save – Fewer annual miles on your Mitsubishi could qualify for a substantially lower rate.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
  • Use Seat Belts – Requiring all passengers to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • Good Student Discount – This discount can earn a discount of 20% or more. This discount can apply up to age 25.

Keep in mind that most credits do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as comprehensive or collision. So when the math indicates you can get free auto insurance, it just doesn’t work that way.

To see a list of companies with the best auto insurance discounts, follow this link.

How to Compare Auto Insurance Quotes

Performing a rate comparison can take hours if you don’t know the most efficient way to do it. You could spend your day talking about coverages with insurance companies in your area, or you could save time and use online quoting to quickly compare rates.

All the larger companies belong to an insurance system where prospective buyers submit their information once, and each participating company returns a competitive quote for coverage. This eliminates the need for repetitive form submissions for each company you want a rate for. To get comparison pricing now click here (opens in new window).

The single downside to using this type of form is that consumers can’t choose the insurers to get pricing from. So if you want to select specific insurance companies to compare, we have a listing of companies who write auto insurance in your area. Click here for list of insurance companies.

Which method you use is up to you, but compare identical coverage limits and deductibles on every quote you get. If each company quotes different deductibles it will be very difficult to make an equal comparison.

Your Mitsubishi Eclipse Spyder insurance rate is a complex equation

It’s important that you understand the different types of things that come into play when calculating the rates you pay for car insurance. Knowing what controls the rates you pay helps enable you to make changes that can help you get much lower annual insurance costs.

  • Do men or women drive better? – The statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. They both cause accidents in similar percentages, but the men cause more damage. Men also statistically get cited for more serious violations like reckless driving and DUI. Youthful male drivers are the most expensive to insure and therefore are the most expensive to insure.
  • Big city or small town – Choosing to live in small towns and rural areas can be a good thing when insuring your vehicles. Fewer drivers means reduced accidents as well as less vandalism and auto theft. Drivers in populated areas regularly have much more traffic to deal with and longer commutes to work. Higher commute times can result in more accidents.
  • What are your deductibles? – Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your Mitsubishi from damage. Examples of covered claims could be running into the backend of another car, collision with an animal, and burglary. The deductibles are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The higher the amount you’re willing to pay, the less your company will charge you for insurance for Eclipse Spyder coverage.
  • Extra coverages can waste money – There are many extra bells and whistles that can waste your money if you aren’t careful. Insurance for vanishing deductibles, accident forgiveness and term life insurance are some examples. They may seem like a good idea when you first buy your policy, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Safer cars are cheaper to insure – Safer cars get lower rates. Safe vehicles protect occupants better and fewer injuries translates into savings for insurance companies and more competitive rates for policyholders. If the Mitsubishi Eclipse Spyder has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Liability insurance protects assets – Liability coverage is the coverage that protects you if ever you are found liable for causing damage or personal injury in an accident. It provides legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
  • Rate your vehicle for proper use – The higher the mileage driven in a year’s time the more you will pay for car insurance. The majority of insurers charge to insure your cars based upon how you use the vehicle. Autos that are left in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Eclipse Spyder may be costing you. Verify your car insurance declarations sheet is rated on the correct usage for each vehicle.

When should I talk to an agent?

When choosing adequate coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different.

Here are some questions about coverages that may help highlight if you will benefit from professional help.

  • Should I file a claim if it’s only slightly more than my deductible?
  • Is extra glass coverage worth it?
  • How do I insure my teen driver?
  • Can I afford to pay high deductible claims out of pocket?
  • How high should my uninsured/underinsured coverage be in my state?
  • Am I covered when pulling a rental trailer?
  • Am I covered if I hit a deer?
  • Does medical payments coverage apply to all occupants?

If it’s difficult to answer those questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form. It’s fast, free and you can get the answers you need.

Insurance coverages explained

Learning about specific coverages of your insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Medical expense coverage

Med pay and PIP coverage provide coverage for expenses such as EMT expenses, chiropractic care, dental work and rehabilitation expenses. They are often utilized in addition to your health insurance plan or if you do not have health coverage. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability

This coverage protects you from damages or injuries you inflict on other people or property by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for things such as structural damage, pain and suffering, bail bonds and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Collision protection

Collision insurance covers damage to your Eclipse Spyder from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like colliding with a tree, hitting a parking meter, hitting a mailbox, crashing into a building and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.

Comprehensive protection

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a bird, damage from flooding, rock chips in glass, a tree branch falling on your vehicle and a broken windshield. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mitsubishi Eclipse Spyder.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Shop Smart and Save

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. There have been many cases where an insured dropped physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage for the lowest price.

People who switch companies do it for any number of reasons including poor customer service, policy non-renewal, unfair underwriting practices and even delays in responding to claim requests. Regardless of your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Affordable 1996 Mitsubishi Eclipse Spyder insurance can be found from both online companies as well as from independent agents, so compare prices from both in order to have the best chance of saving money. A few companies don’t offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

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