1993 Mitsubishi 3000GT Insurance Rates – 7 Ways to Save

Are you sick and tired of not being able to afford to pay your car insurance bill each month? You’re in the same situation as many other drivers. Numerous car insurance companies battle for your business, and because of this it can be hard to compare insurance companies and get the best coverage at the cheapest price

If you are insured now or are shopping for new coverage, you can learn to reduce the price you pay and still get good coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers just need to understand the proper methods to get comparison rates over the internet.

Quick Insurance Quotes

Reducing your 1993 Mitsubishi 3000GT insurance rates is a fairly straight forward process. Consumers just need to take the time to compare quotes online from several insurance companies. This is very easy and can be done in several different ways.

  • The most efficient way to get quotes is to use a rate comparison form like this one (opens in new window). This form eliminates the need for repetitive form entry to each individual insurance company. One quote request gets you price quotes from multiple low-cost companies.
  • A more time consuming way to compare prices requires you to visit each company website and fill out their own quote form. For instance, we’ll assume you want to compare Auto-Owners, State Farm and Progressive. To find out each rate you need to visit each site to enter your coverage information, which is why the first method is more popular.

    For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but be sure to compare exactly the same coverages and limits for each price quote. If you use differing limits it will be impossible to truly determine the lowest rate.

Discounts are available to cut your rates

Companies do not advertise all available discounts in an easy-to-find place, so here is a list some of the more common and the harder-to-find auto insurance savings. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Multiple Policy Discount – When you combine your home and auto insurance with the same insurance company you could get a discount of at least 10% off all policies.
  • Paperless Signup – A handful of insurance companies will give a small break for buying a policy and signing up online.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Homeowners Savings – Owning a home can help you save on auto insurance because maintaining a house demonstrates responsibility.
  • Defensive Driving Course – Completing a defensive driving course can save you 5% or more and easily recoup the cost of the course.
  • No Accidents – Drivers who don’t have accidents pay less when compared with drivers who are more careless.
  • Student in College – Kids in college who are attending college without a vehicle on campus may qualify for this discount.

Keep in mind that some credits don’t apply to the entire policy premium. Some only apply to individual premiums such as physical damage coverage or medical payments. So when the math indicates you could get a free auto insurance policy, it just doesn’t work that way.

A partial list of companies who might offer these discounts include:

Check with each company which discounts you may be entitled to. Savings may not apply in every state.

Everyone needs different coverages

When it comes to choosing the right insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. For instance, these questions could help you determine if your insurance needs would benefit from an agent’s advice.

  • Where can I get insurance after a DUI in my state?
  • Is pleasure use cheaper than using my 1993 Mitsubishi 3000GT to commute?
  • Is my ex-spouse still covered by my policy?
  • How much liability do I need to cover my assets?
  • At what point should I drop full coverage?
  • Is my camper covered by my car insurance policy?
  • Is my custom paint covered by insurance?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Information about specific coverages

Having a good grasp of your policy can help you determine the right coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverage types available from car insurance companies.

Collision coverage – This will pay to fix damage to your 3000GT resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like crashing into a building, hitting a mailbox, scraping a guard rail and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Coverage for liability – This coverage can cover damage or injury you incur to other people or property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like bail bonds, repair costs for stationary objects, medical expenses, emergency aid and structural damage. How much liability coverage do you need? That is up to you, but buy as high a limit as you can afford.

Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, rock chips in glass and hitting a deer. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for EMT expenses, funeral costs, doctor visits, surgery and nursing services. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Mitsubishi 3000GT.

Since a lot of drivers carry very low liability coverage 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.

Stretch your dollar

Affordable 1993 Mitsubishi 3000GT insurance is possible both online and also from your neighborhood agents, so you should be comparing quotes from both to have the best selection. Some insurance companies may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

We just covered a lot of information how to compare insurance prices online. It’s most important to understand that the more times you quote, the better likelihood of reducing your rate. You may even discover the biggest savings come from a smaller regional carrier. These companies may cover specific market segments cheaper compared to the large companies like Allstate, Geico and Progressive.

More detailed insurance information is located at these sites: