2001 Mitsubishi Montero Sport Insurance Quotes

Trying to find lower insurance rates for your Mitsubishi Montero Sport? Searching for low-cost insurance for a Mitsubishi Montero Sport can be an all-consuming task, but you can follow our insurance buying tips to make it easier.

There is a right way and a wrong way to shop for insurance so we’re going to tell you the best way to compare rates for your Mitsubishi and get the lowest possible price.

You should make it a habit to price shop coverage at least once a year because rates are rarely the same from one policy term to another. Just because you found the best rates for Montero Sport coverage last year you can probably find a lower rate today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to how to use the internet to find better coverage at a better price.

Insurance Quote Comparison

Reducing your 2001 Mitsubishi Montero Sport insurance rates isn’t really that difficult. You just need to invest a few minutes comparing rate quotes online with multiple companies. This can be accomplished in a couple of different ways.

  1. The most efficient way to get the best comparison quotes would be an industry-wide quote request form click to view form in new window. This type of form prevents you from having to do separate quotes to each individual insurance company. Filling out one form gets you coverage quotes from many national carriers. This is by far the quickest method.
  2. A more time consuming way to shop for insurance online consists of going to the website of each company to complete a price quote. For sake of this example, we’ll assume you want rates from Farmers, Esurance and GEICO. You would have to take the time to go to each site to enter your coverage information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but ensure you are comparing identical coverages and limits on every quote you get. If you compare different limits and deductibles on each one then you won’t be able to find the best deal for your Mitsubishi Montero Sport.

Are you getting all your discounts?

Insurance can be prohibitively expensive, but discounts can save money and there are some available that many people don’t even know exist. Some discounts apply automatically at quote time, but lesser-known reductions have to be asked about in order for you to get them. If you don’t get every credit you deserve, you’re just leaving money on the table.

  • Accident Forgiveness – Certain companies allow you one accident before raising your premiums if you are claim-free for a particular time prior to the accident.
  • Own a Home – Being a homeowner may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts can receive discounts of 20% or more.
  • Auto/Life Discount – Companies who offer life insurance give lower rates if you buy life insurance.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • Safe Drivers – Safe drivers can pay as much as 50% less for Montero Sport coverage than drivers with accidents.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% off your PIP or medical payments premium.

Keep in mind that many deductions do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because you may think all the discounts add up to a free policy, you’re out of luck. But all discounts will help reduce the amount you have to pay.

Insurance companies who might offer these benefits include:

Check with all companies you are considering which discounts you may be entitled to. Some discounts might not apply in your state.

Elements that influence Mitsubishi Montero Sport insurance rates

It’s important that you understand the different types of things that go into determining insurance rates. Knowing what determines base rates helps enable you to make changes that can help you get better insurance rates.

  • Traffic violations increase rates – Your driving citation history has a huge affect on how much you pay. Just one speeding ticket may increase your cost forty percent or more. Drivers with clean records get better rates compared to drivers with tickets. Drivers who have flagrant citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.
  • Better credit means lower rates – Your credit score is a huge factor in calculating your insurance rates. People with excellent credit tend to be more responsible than drivers with lower ratings. If your credit score is low, you could potentially save money when insuring your 2001 Mitsubishi Montero Sport by spending a little time repairing your credit.
  • Your occupation can affect rates – Occupations like doctors, social workers and accountants have higher rates than average in part from job stress and lengthy work days. On the flip side, occupations like scientists, athletes and the unemployed get better rates for Montero Sport coverage.
  • Extra add-on coverages are wasting money – There are quite a few extra coverages that you can buy on your insurance policy. Coverages like vanishing deductibles, towing coverage and additional equipment coverage are some examples. These may sound like a good investment when talking to your agent, but now you might not need them so get rid of them and save.
  • Liability coverage is cheap – The liability section of your policy will protect you when you are found liable for damages from an accident. It provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.

When might I need an agent?

When buying coverage for your personal vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s.

For example, these questions may help you determine if your situation might need professional guidance.

  • What is UM/UIM insurance?
  • How can I get my company to pay me more for my totalled car?
  • Does my personal policy cover me when driving out-of-state?
  • Does my 2001 Mitsubishi Montero Sport need full coverage?
  • Is business equipment covered while in my vehicle?
  • I have health insurance so do I need medical payments coverage?
  • Are all vehicle passengers covered by medical payments coverage?
  • Why does it cost so much to insure a teen driver?
  • Is my camper covered by my car insurance policy?
  • Do I pay less if my vehicle is kept in my garage?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form. It is quick, free and you can get the answers you need.

What insurance coverages do you need?

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, vandalism and hitting a bird. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like rehabilitation expenses, prosthetic devices, doctor visits, surgery and ambulance fees. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Protection from uninsured/underinsured drivers

This provides protection when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Mitsubishi Montero Sport.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Frequently these limits do not exceed the liability coverage limits.

Auto liability

Liability insurance will cover damage or injury you incur to people or other property. It protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like pain and suffering, attorney fees, legal defense fees, structural damage and court costs. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage

Collision coverage pays for damage to your Montero Sport from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as colliding with another moving vehicle, damaging your car on a curb, hitting a mailbox, crashing into a building and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

A penny earned…

Cost effective 2001 Mitsubishi Montero Sport insurance can be purchased on the web and also from your neighborhood agents, so you should compare both so you have a total pricing picture. There are still a few companies who may not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

As you go through the steps to switch your coverage, you should never skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice collision coverage to discover at claim time that they should have had better coverage. Your strategy should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

We just showed you quite a bit of information on how to get a better price on insurance. The key concept to understand is the more companies you get rates for, the higher your chance of finding lower rates. You may even find the best prices are with a smaller regional carrier.

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