View 1996 Mitsubishi 3000GT Car Insurance Rates

Want better car insurance rates for your Mitsubishi 3000GT? Having to pay for overpriced Mitsubishi 3000GT insurance can empty your personal savings, especially in this economy. Comparison shopping is a great way to reduce premiums and put more money in your pocket. Insurance companies such as Progressive, State Farm and Geico constantly blast consumers with TV and radio ads and it can be hard to avoid their marketing magic and take the time to shop coverage around.

It’s important to get comparison quotes quite often due to the fact that insurance rates are adjusted regularly by insurance companies. Even if you got the lowest rates on 3000GT coverage last year you will most likely find a better rate today. Starting right now, ignore everything you know about car insurance because you’re about to learn the only way to save on car insurance.

Impacting insurance rates for a Mitsubishi 3000GT

An important part of buying insurance is that you know the different types of things that come into play when calculating your insurance coverage rates. Having a good understanding of what influences your rates helps enable you to make changes that may reward you with much lower annual insurance costs.

The list below includes a partial list of the pieces that factor into rates.

  • Proper usage rating affects rates – The more miles you rack up on your Mitsubishi in a year the higher your rates will be. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Autos left parked in the garage receive lower rates compared to those used for work or business. An improperly rated 3000GT can result in significantly higher rates. Make sure your insurance coverage policy is rated on how each vehicle is driven, because improper ratings can cost you money.
  • Your credit rating is important – Credit score is a important factor in determining what you pay for insurance coverage. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with poor credit. If your credit history is low, you could pay less to insure your 1996 Mitsubishi 3000GT by spending a little time repairing your credit.
  • Liability insurance protects assets – Liability coverage will protect you when a court rules you are at fault for damages from an accident. Liability provides you with a defense in court starting from day one. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
  • Your age impacts your rates – Teenage drivers are statistically proven to be less responsible when driving so they pay higher insurance coverage rates. If you’ve ever had to add a young driver onto a policy can be very expensive. More mature drivers tend to be more responsible, statistically cause fewer accidents and receive fewer citations.
  • How’s your driving record? – Your driving record has a huge affect on how much you pay. Good drivers receive lower rates than bad drivers. Only having one citation can increase rates by twenty percent. Drivers who get serious violations like DWI, reckless driving or hit and run convictions may be required to file a SR-22 to the state department of motor vehicles in order to continue driving.
  • Special features that cut premiums – Driving a car with an alarm system can get you a discount on your insurance coverage. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your vehicle from being stolen.
  • Safer cars cost less to insure – Cars with high safety ratings can get you lower premiums. Safer cars protect occupants better and any reduction in injury severity means lower claim amounts and thus lower rates. If your Mitsubishi 3000GT scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.

Policy discounts you shouldn’t miss

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be applied at the time of purchase, but a few must be asked about prior to getting the savings. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags can get savings of up to 25% or more.
  • Accident Forgiveness – Certain companies will forgive one accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Safe Drivers – Safe drivers may save up to 50% more on 3000GT coverage than less cautious drivers.
  • Auto/Life Discount – Larger companies have a break if you buy life insurance from them.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, it doesn’t quite work that way. But any discount will cut the cost of coverage.

A partial list of companies that may offer some of the above discounts may include but are not limited to:

Before buying, ask all companies you are considering which discounts you may be entitled to. Savings may not apply in your area.

Insurance agents can help

When it comes to choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions may help you determine if you may require specific advice.

  • How can I get my company to pay me more for my totalled car?
  • Are my friends covered when driving my 1996 Mitsubishi 3000GT?
  • Can I afford to pay high deductible claims out of pocket?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I really need UM/UIM coverage?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is my camper covered by my car insurance policy?
  • Am I covered when using my vehicle for business?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does medical payments coverage apply to all occupants?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Insurance coverage specifics

Understanding the coverages of insurance can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by insurance companies.

Liability

This protects you from damage or injury you incur to other’s property or people. It protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like emergency aid, repair costs for stationary objects and attorney fees. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like fire damage, damage from flooding and hitting a deer. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for things like pain medications, EMT expenses, ambulance fees and prosthetic devices. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This coverage gives you protection from other motorists 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 3000GT.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Normally these coverages do not exceed the liability coverage limits.

Auto 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 have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with another moving vehicle, hitting a parking meter, driving through your garage door, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

Get your money’s worth

The cheapest 1996 Mitsubishi 3000GT insurance is attainable both online and with local insurance agents, and you need to comparison shop both to have the best rate selection. A few companies do not offer online quoting and many times these small, regional companies only sell through independent insurance agents.

When you buy insurance online, it’s very important that you do not skimp on coverage in order to save money. In many cases, drivers have reduced physical damage coverage only to regret at claim time that the savings was not a smart move. The aim is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Additional detailed information is available by following these links: