2014 Mitsubishi i-MiEV Insurance Rates

Finding better rates for insurance can be difficult for people who are new to comparing rates online. Drivers have so many companies to choose from that it can turn into a real challenge to find the best price.

You should take the time to check insurance prices once or twice a year because rates are rarely the same from one policy term to another. Even if you got the lowest rates on i-MiEV insurance last year you will most likely find a better rate today. There is a lot of bad advice regarding insurance online but we’re going to give you some proven techniques to save money.

Save with discounts on Mitsubishi i-MiEV insurance

The cost of insuring your cars can be expensive, but you can get discounts that many people don’t even know exist. A few discounts will automatically apply when you purchase, but a few must be requested specifically before they will apply.

  • Claim Free – Drivers who don’t have accidents can earn big discounts compared to drivers who are more careless.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
  • One Accident Forgiven – A handful of insurance companies permit an accident without raising rates as long as you don’t have any claims for a set time period.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class in high school.
  • Paperless Signup – Certain companies will give a small break for buying a policy and signing up online.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same car insurance policy could earn a price break for each car.
  • Low Mileage Discounts – Keeping the miles down on your Mitsubishi can earn a substantially lower rate.
  • Safety Course Discount – Completing a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Student in College – Youth drivers who live away from home and do not have a car can receive lower rates.
  • Save over 55 – If you qualify as a senior citizen, you may qualify for better car insurance rates on i-MiEV insurance.

It’s important to understand that most discounts do not apply the the whole policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, it just doesn’t work that way. But any discount will reduce your premiums.

A partial list of companies that may offer some of the above discounts are:

Double check with every prospective company which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

Tailor your coverage to you

When it comes to choosing the best insurance coverage coverage, there really is not a best way to insure your cars. Everyone’s situation is unique.

For instance, these questions might point out if your situation would benefit from professional advice.

  • How can I find cheaper teen driver insurance?
  • Is a fancy paint job covered?
  • How high should deductibles be on a 2014 Mitsubishi i-MiEV?
  • Am I getting all the discounts available?
  • Are my friends covered when driving my 2014 Mitsubishi i-MiEV?
  • Why am I required to buy high-risk coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Are all vehicle passengers covered by medical payments coverage?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Auto insurance coverages explained

Learning about specific coverages of auto insurance helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Liability car insurance

Liability coverage will cover damage that occurs to a person or their property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like loss of income, repair bills for other people’s vehicles, repair costs for stationary objects and structural damage. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible.

Collision insurance

Collision coverage covers damage to your i-MiEV from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as driving through your garage door, colliding with another moving vehicle and rolling your car. This coverage can be expensive, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants 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 2014 Mitsubishi i-MiEV.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for things like pain medications, X-ray expenses, dental work and rehabilitation expenses. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, rock chips in glass and fire damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

In Summary

The cheapest 2014 Mitsubishi i-MiEV insurance can be purchased from both online companies as well as from independent agents, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies don’t offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

As you go through the steps to switch your coverage, don’t be tempted to reduce needed coverages to save money. In many instances, an insured cut collision coverage to discover at claim time they didn’t purchase enough coverage. The aim is to buy enough coverage at the best price, not the least amount of coverage.

In this article, we covered a lot of techniques to shop for insurance online. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest priced auto insurance comes from some of the lesser-known companies.

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