2008 Mitsubishi Galant Car Insurance Rates

Trying to find the cheapest insurance coverage rates for your Mitsubishi Galant? Price shopping your insurance coverage is always nearly impossible for consumers new to shopping for insurance online. There are so many options available that it can easily become a real challenge to find lower rates.

The purpose of this article is to help educate you on the most effective way to quote insurance and some tricks to saving. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these techniques. Although drivers can benefit by having an understanding of how big insurance companies sell insurance online.

Mitsubishi Galant rates are in the details

An important part of buying insurance is that you know some of the elements that help determine the rates you pay for insurance coverage. Understanding what influences your rates enables informed choices that will entitle you to big savings.

The following are a partial list of the pieces insurance coverage companies consider when setting prices.

  • Careful drivers pay lower rates – A bad driving record has a huge affect on how much you pay. Careful drivers get better rates than bad drivers. Only having one moving violation can boost insurance rates forty percent or more. If you have serious violations like reckless driving, hit and run or driving under the influence may find they need to file a SR-22 to the state department of motor vehicles in order to continue driving.
  • Policy add-ons can waste money – There are a lot of extra coverages that you can get tricked into buying if you aren’t careful. Coverages for personal injury protection, accidental death and additional equipment coverage are some examples. These may sound like a good investment when you first buy your policy, but now you might not need them so eliminate them to save money.
  • Protect yourself with liability coverage – Liability coverage will protect you if ever a court rules you are at fault for personal injury or accident damage. Liability provides for a legal defense starting from day one. This coverage is very inexpensive when compared with rates for comp and collision, so buy as much as you can afford.
  • Special features that cut premiums – Driving a car that has an advanced theft prevention system can help lower your rates. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
  • Safer occupants lowers premiums – Cars with high safety ratings can get you lower premiums. These vehicles protect occupants better and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Mitsubishi Galant is rated at least 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.

Take discounts and save

Car insurance can cost a lot, but there are discounts available that you may not know about. Certain discounts will be triggered automatically when you complete an application, but a few must be asked about before you get the savings.

  • Senior Citizens – If you’re over the age of 55, you may qualify for a small decrease in premiums on Galant insurance.
  • Student Driver Training – Have your child enroll in driver’s education if offered at their school.
  • Discount for Good Grades – Getting good grades can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
  • Federal Government Employee – Active or retired federal employment could cut as much as 10% off on Galant insurance with select insurance companies.
  • Anti-theft System – Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.
  • Accident Waiver – Some insurance companies permit an accident without raising rates if your claims history is clear for a certain period of time.
  • College Student – Kids in college living away from home attending college and do not have a car can receive lower rates.
  • Multiple Vehicles – Insuring multiple vehicles on the same auto insurance policy qualifies for this discount.

Consumers should know that many deductions do not apply the the whole policy. Some only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, auto insurance companies aren’t that generous. Any qualifying discounts will cut the amount you have to pay.

For a list of insurers who offer auto insurance discounts, click here.

Which policy gives me the best coverage?

When it comes to choosing proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s.

These are some specific questions can aid in determining whether or not you may require specific advice.

  • Am I covered when pulling a rental trailer?
  • Am I covered by my spouse’s policy after a separation?
  • Is my 2008 Mitsubishi Galant covered for smoke damage?
  • Am I covered if I wreck a rental car?
  • Will filing a claim cost me more?
  • How much underlying liability do I need for an umbrella policy?
  • Does coverage extend to a rental car in a foreign country?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I need rental car coverage?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form.

Coverages available on your policy

Having a good grasp of a insurance policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Collision coverage protection

This pays for damage to your Galant resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like hitting a parking meter, colliding with a tree and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hail damage, fire damage, vandalism, damage from getting keyed and damage from flooding. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

This provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Mitsubishi Galant.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these limits are similar to your liability insurance amounts.

Liability coverage

Liability insurance provides protection from injuries or damage you cause to other people or property. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as legal defense fees, repair bills for other people’s vehicles and medical expenses. How much coverage you buy is your choice, but you should buy as much as you can afford.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like pain medications, surgery, rehabilitation expenses and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

A tidy conclusion

We’ve covered a lot of information how to lower your 2008 Mitsubishi Galant insurance rates. The key thing to remember is the more providers you compare, the better your chances of lowering your rates. You may even discover the best price on insurance is with some of the smallest insurance companies.

When trying to cut insurance costs, never skimp on coverage in order to save money. There have been many situations where an insured cut comprehensive coverage or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. The ultimate goal is to buy enough coverage at an affordable rate while not skimping on critical coverages.

People leave their current company for many reasons like an unsatisfactory settlement offer, being labeled a high risk driver, unfair underwriting practices or delays in paying claims. It doesn’t matter what your reason, switching insurance companies is less work than it seems.

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