1994 Mitsubishi Eclipse Insurance Quotes – 10 Ways to Save

Looking for lower auto insurance rates for your Mitsubishi Eclipse? Have you fallen victim to high-priced auto insurance? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Big-name insurance companies like State Farm, Progressive and Geico constantly blast consumers with ads and it is difficult to ignore the promise of big savings and do the work needed to find the best deal.

If you have insurance now or are shopping for new coverage, you can learn to find the best rates while maintaining coverages. Finding the best rates is quite easy. Vehicle owners only need an understanding of the proper way to shop online.

You probably qualify for some discounts

Companies that sell car insurance don’t necessarily list all available discounts in an easy-to-find place, so we researched both the well known as well as the least known discounts you could be receiving. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Fewer Miles Equal More Savings – Keeping the miles down on your Mitsubishi can earn a substantially lower rate.
  • Accident Waiver – Certain companies will allow you to have one accident before hitting you with a surcharge if you are claim-free prior to the accident.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • Homeowners Discount – Owning a house can help you save on insurance coverage because owning a home shows financial diligence.
  • Multiple Cars – Buying insurance for all your vehicles with the same company may reduce the rate for each vehicle.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current policy expires. The savings is around 10%.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Student Driver Training – Have your child enroll in driver’s education in school.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Save with a New Car – Putting insurance coverage on a new car is cheaper compared to insuring an older model.

Keep in mind that most discounts do not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears all the discounts add up to a free policy, it doesn’t quite work that way.

For a list of companies offering insurance coverage discounts, click here to view.

Insurance Prices

Effectively comparing insurance prices can take time and effort if you don’t utilize the most efficient way to do it. You can waste a few hours (or days) discussing policy coverages with insurance agencies in your area, or you can stay home and use the web to maximize your effort.

Many insurance companies belong to a marketplace where prospective buyers enter their coverage request one time, and at least one company then gives them pricing for coverage. This prevents consumers from doing repetitive form submissions for every insurance company.

To get comparison pricing now click here (opens in new window).

The one downside to comparing rates this way is that you can’t choose which providers you will receive quotes from. So if you want to choose specific providers to compare prices, we have a page of the cheapest insurance companies in your area. View list of insurance companies.

Which method you use is up to you, but make absolute certain that you use the exact same coverage limits and deductibles with each company. If you enter differing limits it’s not possible to determine which rate is truly the best.

There’s no such thing as the perfect policy

When it comes to choosing adequate coverage, there really is no perfect coverage plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that can help discover if your insurance needs would benefit from an agent’s advice.

  • Why am I required to buy high-risk coverage?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does my 1994 Mitsubishi Eclipse need full coverage?
  • When should I not file a claim?
  • Do I need rental car coverage?
  • How much liability insurance is required?
  • Should I carry comprehensive and collision coverage?
  • Is other people’s property covered if stolen from my vehicle?
  • Is my teenager covered with friends in the car?

If you’re not sure about those questions, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of auto insurance companies in your area. It only takes a few minutes and you can get the answers you need.

Car insurance coverages for a Mitsubishi Eclipse

Learning about specific coverages of car insurance aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most car insurance policies.

Liability insurance – Liability coverage can cover injuries or damage you cause to other people or property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims such as repair bills for other people’s vehicles, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Collision coverage – This coverage will pay to fix damage to your Eclipse from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like backing into a parked car, crashing into a building, rolling your car, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from 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 can pay for things like damage from flooding, theft, rock chips in glass, a tree branch falling on your vehicle and fire damage. The maximum payout your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Med pay and PIP coverage reimburse you for immediate expenses for things like dental work, hospital visits, EMT expenses and chiropractic care. They are utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Mitsubishi Eclipse.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Quote more, save more

You just learned a lot of information how to reduce 1994 Mitsubishi Eclipse insurance prices online. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even find the most savings is with the smaller companies. These smaller insurers often have lower prices on specific markets than their larger competitors like Allstate and Progressive.

Cheaper insurance can be found from both online companies in addition to many insurance agents, and you should compare price quotes from both to have the best rate selection. Some companies do not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

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