2014 Mitsubishi Outlander Sport Insurance Rates

Having to pay for overpriced car insurance can empty your personal savings, especially in this economy. Shopping your coverage around is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Big-name insurance companies like Allstate, Liberty Mutual and State Farm increase brand awareness with ad campaigns and consumers find it hard to see past the corporate glitz and do the work needed to find the best deal.

You should take the time to check car insurance prices quite often because insurance rates are usually higher with each renewal. Even if you got the lowest rates for Outlander Sport coverage six months ago there may be better deals available now. So forget anything you know (or think you know) about car insurance because you’re going to get a crash course in the right way to find lower rates on car insurance.

The best way to compare rate quotes utilizes the fact car insurance companies participate in a system to compare rate quotes. The only thing you need to do is give them rating details like whether you are single or married, if you lease or own, distance driven, and which vehicles you own. The data is instantly provided to many different companies and they return cost estimate almost instantly.

Are you getting all your discounts?

Companies offering auto insurance don’t always list all available discounts in a way that’s easy to find, so here is a list some of the best known and the harder-to-find ways to save on insurance.

  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off the personal injury premium cost.
  • Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Auto/Home Discount – If you insure your home and vehicles with the same company you could get a discount of approximately 10% to 15%.
  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Military Rewards – Having a deployed family member could be rewarded with lower premiums.
  • Defensive Driving Course – Successfully completing a driver safety course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • No Accidents – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
  • Senior Discount – Mature drivers may qualify for a small decrease in premiums for Outlander Sport coverage.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class if offered at their school.

It’s important to note that most discount credits are not given to the entire cost. Most cut individual premiums such as liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, companies don’t profit that way.

Car insurance companies that may offer some of the above discounts include:

It’s a good idea to ask each insurance company how you can save money. Savings might not apply in your state.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there really is no best way to insure your cars. Each situation is unique and your policy should reflect that. Here are some questions about coverages that can aid in determining if you will benefit from professional help.

  • Where can I get insurance after a DUI in my state?
  • Is pleasure use cheaper than using my 2014 Mitsubishi Outlander Sport to commute?
  • Are my tools covered if they get stolen from my vehicle?
  • Can I afford to buy a different vehicle if my 2014 Mitsubishi Outlander Sport is totaled?
  • Am I covered if I hit a deer?
  • Will my insurance pay for OEM parts?
  • Is my 2014 Mitsubishi Outlander Sport covered for smoke damage?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Am I covered when using my vehicle for business?
  • What discounts do I qualify for?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Why you might be paying too much to insure your Mitsubishi Outlander Sport

Consumers need to have an understanding of the factors that come into play when calculating car insurance rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get much lower annual insurance costs.

  • Optional equipment can affect rates – Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping auto theft.
  • Lower deductibles cost more – Physical damage coverage, also known as collision and other-than-collision, protects your Mitsubishi from damage. Some examples of claims that would be covered are collision with another vehicle, vandalism, and windstorm damage. Physical damage deductibles are the amount of money you are willing to pay in the event of a claim. The higher the amount the insured has to pay upfront, the lower your rates will be for Outlander Sport coverage.
  • How your age affects price – Young drivers are known to get distracted easily when driving so they pay higher car insurance rates. Parents adding a young driver to your car insurance policy can be very expensive. More mature drivers are more responsible, statistically cause fewer accidents and receive fewer citations.
  • More than one policy can earn a discount – Many companies give discounts to customers who consolidate policies with them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s still a good idea to shop around to make sure you are getting the best deal.
  • Careful drivers pay lower rates – A bad driving record has a big impact on rates. Good drivers tend to pay less for car insurance than their less careful counterparts. Only having one ticket can increase rates forty percent or more. If you have dangerous violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.
  • Marriage brings a discount – Having a spouse actually saves money on car insurance. Having a significant other means you’re more responsible and it’s statistically proven that being married results in fewer claims.
  • Where you live is a factor – Residing in small towns and rural areas can save you money when insuring your vehicles. Lower population means reduced accidents as well as less vandalism and auto theft. City drivers regularly have traffic congestion and longer commute times. Higher commute times translates into higher accident risk.

Auto insurance coverages and their meanings

Having a good grasp of auto insurance can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are typical coverage types available from auto insurance companies.

Collision coverage protection

This coverage will pay to fix damage to your Outlander Sport resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like crashing into a ditch, scraping a guard rail, hitting a parking meter, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Mitsubishi Outlander Sport.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Comprehensive or Other Than Collision

This pays for damage caused by mother nature, theft, vandalism and other events. 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 flooding, fire damage, hitting a bird, rock chips in glass and theft. The highest amount your auto insurance company will pay 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 costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like surgery, chiropractic care and dental work. They can be used in conjunction with a health insurance plan 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 only offered in select states and may carry a deductible

Liability insurance

Liability insurance provides protection from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for things such as repair costs for stationary objects, pain and suffering, attorney fees and emergency aid. How much coverage you buy is your choice, but buy as large an amount as possible.

Shop. Compare. Save.

The cheapest 2014 Mitsubishi Outlander Sport insurance can be purchased on the web in addition to many insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies do not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

When trying to cut insurance costs, you should never reduce needed coverages to save money. In many cases, drivers have reduced physical damage coverage only to discover later that the small savings ended up costing them much more. Your goal should be to get the best coverage possible for the lowest price while still protecting your assets.

Much more information about auto insurance can be read on the following sites: