Compare 1998 Mitsubishi Eclipse Spyder Insurance Rates

Searching for the cheapest auto insurance rates? Consumers have a choice when looking for affordable Mitsubishi Eclipse Spyder insurance. You can either waste hours calling around getting price quotes or use the internet to compare rates. There are more efficient ways to buy auto insurance so you’re going to learn the proper way to price shop coverage on a Mitsubishi and find the cheapest rates from both online companies and local agents.

Are you getting all your discounts?

Car insurance companies don’t necessarily list all available discounts very clearly, so here is a list some of the best known as well as the least known discounts you could be receiving. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Use Seat Belts – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off the personal injury premium cost.
  • Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Driver Safety – Taking a driver safety course could possibly earn you a 5% discount depending on where you live.
  • No Accidents – Claim-free drivers pay much less as compared to accident-prone drivers.
  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • Government Employees – Employees or retirees of the government may qualify you for a discount for Eclipse Spyder coverage with select insurance companies.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. The majority will only reduce specific coverage prices like medical payments or collision. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way.

For a list of providers who offer insurance discounts, click here.

Why your Mitsubishi Eclipse Spyder insurance rates may be high

It’s important that you understand the rating factors that play a part in calculating your insurance coverage rates. Understanding what impacts premium levels helps enable you to make changes that may reward you with better insurance coverage rates.

Shown below are a partial list of the pieces that factor into rates.

  • Where you live can impact rates – Being located in less populated areas is a positive aspect when talking about insurance coverage. Less people living in that area translates into fewer accidents and a lower car theft rate. Drivers who live in large cities have more traffic problems and a longer drive to work. More time commuting means higher likelihood of an accident.
  • Never allow your policy to lapse – Driving your car without having proper coverage is a misdemeanor and insurance coverage companies will penalize you for letting your coverage have a gap. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a revoked license or a big fine.
  • Consolidate policies to earn discounts – The majority of insurance coverage companies will award you with lower prices to insureds who carry more than one policy in the form of a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal. Consumers may find a better deal by buying insurance from more than one company.
  • More miles equals more premium – The higher the mileage driven each year the higher your rate. Most companies price each vehicle’s coverage based on their usage. Cars and trucks used primarily for pleasure use can get a lower rate than vehicles that are driven to work every day. Double check that your insurance coverage declarations sheet properly reflects the correct usage for each vehicle, because it can save money. If your policy improperly rates your Eclipse Spyder may be costing you.

When might I need an agent?

When choosing adequate coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Each situation is unique.

For example, these questions can help discover if your situation might need professional guidance.

  • Is a fancy paint job covered?
  • If I drive on a suspended license am I covered?
  • Does liability extend to a camper or trailer?
  • When should my teen driver be added to my policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • How do I insure my teen driver?
  • How much liability do I need to cover my assets?
  • Am I covered when using my vehicle for business?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverage specifics

Having a good grasp of your insurance policy aids in choosing the right coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Medical costs insurance – Med pay and PIP coverage pay for immediate expenses for things like X-ray expenses, hospital visits, EMT expenses, surgery and pain medications. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Coverage for liability – This coverage can cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability can pay for things such as legal defense fees, loss of income, funeral expenses and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like theft, damage from flooding, fire damage and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

UM/UIM Coverage – Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision – This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, scraping a guard rail, crashing into a ditch and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Power to the consumer

Budget-conscious 1998 Mitsubishi Eclipse Spyder insurance can be bought on the web and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who may not provide online quoting and most of the time these smaller companies sell through independent agents.

Drivers leave their current company for many reasons like high prices, not issuing a premium refund, high rates after DUI convictions and lack of trust in their agent. Regardless of your reason for switching companies, choosing a new company is actually quite simple.

When shopping online for insurance, don’t be tempted to skimp on critical coverages to save a buck or two. There are too many instances where someone dropped physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to purchase plenty of coverage at the best price, not the least amount of coverage.

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