2011 Mitsubishi Eclipse Spyder Insurance Quotes – 10 Savings Tips

Have you fallen victim to an underperforming, overpriced auto insurance policy? Believe me, there are many consumers feeling the pinch from expensive auto insurance.

Because there are so many companies and agents to choose from, it is very difficult to pick the right car insurance company.

Smart consumers take time to do rate comparisons quite often because rates trend upward over time. Just because you had the best deal on Eclipse Spyder coverage last year you can probably find a better price now. There is a lot of bad information regarding auto insurance on the web, but by reading this article, you’re going to learn some great ideas on how to stop overpaying for insurance.

Save big with these ten discounts

Car insurance can cost a lot, but discounts can save money and there are some available to help bring down the price. Certain discounts will be triggered automatically when you get a quote, but a few must be manually applied before you will receive the discount.

  • Drive Less and Save – Fewer annual miles on your Mitsubishi can qualify you for better rates on cars that stay parked.
  • Service Members Pay Less – Having a family member in the military could mean lower rates.
  • No Charge for an Accident – Certain companies permit an accident before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
  • Life Insurance – Select insurance companies reward you with lower rates if you buy life insurance.
  • Homeowners Savings – Being a homeowner may earn you a small savings due to the fact that maintaining a home shows financial diligence.
  • Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% on Eclipse Spyder coverage depending on your company.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class if offered at their school.
  • No Claims – Drivers who don’t have accidents can save substantially as compared to frequent claim filers.
  • Good Student Discount – This discount can save 20 to 25%. The good student discount can last until age 25.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more off the personal injury premium cost.

Consumers should know that some of the credits will not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will cut the cost of coverage.

For a list of providers with discount insurance rates, click here to view.

How to Compare Insurance Costs

When shopping for insurance there are multiple ways to compare rate quotes from local insurance companies. The recommended way to find competitive 2011 Mitsubishi Eclipse Spyder insurance rates consists of obtaining rate quotes online. This is very easy and can be done in a couple of different ways.

  1. The most efficient way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This type of form prevents you from having to do separate forms to each individual insurance company. One form will return quotes from all major companies.
  2. A less efficient way to find lower rates consists of visiting the website for each individual company to complete a price quote. For examples sake, we’ll assume you want to compare rates from Allstate, Safeco and Farmers. To get rate quotes you would need to go to every website to input your insurance information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.
  3. The most time-consuming method to compare rates is driving to different agent offices. Shopping for insurance online can eliminate the need for a local agent unless you want the trained guidance that only a license agent can provide. You can, however, compare online quotes and still use a local agent and we’ll talk about that later.

Whichever method you choose, make darn sure you compare identical coverages and limits for each comparison quote. If your comparisons have mixed coverages it will be very difficult to find the best deal for your Mitsubishi Eclipse Spyder. Slightly different insurance coverages can mean a large discrepancy in price. And when comparing insurance rates, know that getting more free quotes will increase your chances of finding the best offered rates.

But I don’t know anything about car insurance

When it comes to choosing adequate coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine if your situation might need an agent’s assistance.

  • Does my car insurance cover rental cars?
  • Am I covered if I wreck a rental car?
  • Am I covered when delivering products for my home-based business?
  • Do I need motorclub coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Are split liability limits better than a combined single limit?
  • What should my uninsured motorist coverage limits be in my state?
  • Can I still get insurance after a DUI?
  • I don’t drive much so do I pay less?
  • Do I need roadside assistance coverage?

If you can’t answer these questions, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Auto insurance 101

Knowing the specifics of car insurance helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages available from car insurance companies.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for dental work, X-ray expenses and nursing services. They are often utilized in addition to your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, damage from flooding, damage from a tornado or hurricane, falling objects and hitting a deer. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for liability

Liability insurance can cover injuries or damage you cause to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as legal defense fees, loss of income, attorney fees and court costs. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Mitsubishi Eclipse Spyder.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Collision protection

This coverage covers damage to your Eclipse Spyder from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a ditch, sustaining damage from a pot hole, sideswiping another vehicle, scraping a guard rail and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

A fool and his money are soon parted

Discount 2011 Mitsubishi Eclipse Spyder insurance can be bought online and with local insurance agents, so you should compare both to have the best rate selection. Some insurance companies do not offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

Throughout this article, we presented some good ideas how you can reduce insurance prices online. It’s most important to understand that the more companies you get rates for, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from an unexpected company. They may cover specific market segments cheaper as compared to the big name companies such as Progressive or Geico.

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