1997 Mitsubishi Eclipse Spyder Insurance Cost

Looking for lower insurance coverage rates for your Mitsubishi Eclipse Spyder? Finding low-cost insurance for a Mitsubishi Eclipse Spyder can normally be a lot of work, but you can follow these tips to make it easier.

There is a right way and a wrong way to shop for insurance coverage and we’ll show you the proper way to compare rates for a Mitsubishi and obtain the lowest price.

If you have a policy now or are looking for a new policy, you can use these techniques to find better prices and still get good coverage. Pricing affordable insurance coverage is quite easy. Vehicle owners just need to learn how to shop for insurance on the web.

Cut your premium with discounts

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Some discounts apply automatically when you get a quote, but less common discounts must be inquired about prior to getting the savings. If you don’t get every credit possible, you are throwing money away.

  • Lower Rates for Military – Having a family member in the military can result in better rates.
  • Distant Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Discount for Life Insurance – Some companies give lower rates if you buy life insurance.
  • Homeowners Discount – Simply owning a home may trigger a insurance policy discount because of the fact that having a home is proof that your finances are in order.
  • Auto/Home Discount – If you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Senior Discount – Older drivers may receive better insurance rates on Eclipse Spyder coverage.
  • Passive Restraint Discount – Cars that have air bags or automatic seat belts may earn rate discounts of up to 25% or more.
  • Employee of Federal Government – Employees or retirees of the government may qualify you for a discount on Eclipse Spyder coverage with a few insurance companies.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.

A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. Just because you may think you can get free auto insurance, it doesn’t quite work that way. But all discounts will cut your overall premium however.

A partial list of companies that may offer these discounts are:

Before buying, ask every prospective company which discounts you may be entitled to. Savings may not apply in your state.

Mitsubishi Eclipse Spyder rates are in the details

Smart consumers have a good feel for the rating factors that help determine auto insurance rates. When you know what positively or negatively controls the rates you pay helps enable you to make changes that could result in big savings.

  • Rural vs Urban Areas – Choosing to live in small towns and rural areas is a positive aspect when buying auto insurance. Fewer people means reduced accidents as well as less vandalism and auto theft. Drivers in populated areas tend to have more traffic problems and a longer drive to work. Longer commute distances means higher likelihood of an accident.
  • Lower deductibles cost more – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Mitsubishi. Some instances where coverage would apply would be running into the backend of another car, vandalism, and rolling your vehicle. Your deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive on Eclipse Spyder coverage.
  • More than one policy can earn a discount – Many insurers provide better rates to policyholders who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, you still need to compare other company rates to verify if the discount is saving money.
  • Better crash test results mean better rates – Vehicles with high crash test scores are cheaper to insure. Safe vehicles protect occupants better and lower injury rates translates into savings for insurance companies and thus lower rates. If your Mitsubishi has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Do you need the policy add-ons? – There are many extra coverages that you can buy when buying auto insurance. Insurance for personal injury protection, towing coverage and term life insurance may be wasting your money. They may seem like a good idea when talking to your agent, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Marriage brings a discount – Having a wife or husband can get you a discount on your policy. Having a spouse translates into being more responsible and it’s proven that married couples file fewer claims.
  • High numbers of claims are not good – If you tend to file frequent claims, you can expect either policy cancellation or increased premiums. Car insurance companies give cheaper rates to drivers who are claim-free. Your insurance policy is intended for the bigger claims that can’t be paid out-of-pocket.

What is the best insurance coverage?

When choosing adequate coverage, there really is not a best way to insure your cars. Everyone’s needs are different.

Here are some questions about coverages that may help highlight whether or not you could use an agent’s help.

  • When should my teen driver be added to my policy?
  • Do I need roadside assistance coverage?
  • Why am I required to get a high-risk car insurance policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Does insurance cover damages from a DUI accident?
  • When would I need rental car insurance?
  • Does having multiple vehicles earn me a discount?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance coverage specifics

Understanding the coverages of car insurance can help you determine appropriate coverage and the correct deductibles and limits. Car insurance terms can be confusing and nobody wants to actually read their policy.

Collision insurance

This pays for damage to your Eclipse Spyder resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, colliding with another moving vehicle, colliding with a tree, crashing into a ditch and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive protection

This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, hitting a deer and falling objects. The most a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical expense coverage

Med pay and PIP coverage reimburse you for expenses like X-ray expenses, hospital visits, prosthetic devices and doctor visits. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Mitsubishi Eclipse Spyder.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these coverages are similar to your liability insurance amounts.

Liability insurance

This protects you from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as repair costs for stationary objects, court costs, medical expenses, structural damage and repair bills for other people’s vehicles. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Be a smart shopper

As you shop your coverage around, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, an insured cut liability limits or collision coverage to discover at claim time that they should have had better coverage. Your focus should be to find the BEST coverage at an affordable rate.

Lower-priced 1997 Mitsubishi Eclipse Spyder insurance can be sourced both online in addition to many insurance agents, so compare prices from both to have the best chance of lowering rates. Some car insurance companies do not provide you the ability to get quotes online and these small insurance companies work with independent agents.

We covered many tips how you can compare insurance prices online. The most important thing to understand is the more providers you compare, the better likelihood of reducing your rate. You may be surprised to find that the most savings is with an unexpected company.

More detailed car insurance information can be found in these articles: