Compare 2015 Mitsubishi Lancer Car Insurance Quotes in 2024

Want cheaper insurance rates for your Mitsubishi Lancer? I doubt anyone likes buying insurance, especially knowing their premiums are through the roof.

Many insurers compete for your insurance dollar, so it can be very hard to choose a provider to find the lowest cost out there.

Which insurance is cheapest?

To find more affordable rates, there are a couple of ways of comparing rates from lots of insurance companies. The fastest way to find affordable 2015 Mitsubishi Lancer insurance rates is simply to get online rate quotes. This is quite simple and can be completed by using one of the methods below.

The most efficient way consumers can analyze rates is a comparison rater form. This style of form keeps you from doing separate forms for each company you want a rate for. Filling out one form will return price quotes from several companies.

Another way to analyze rates is going to the website for every company you want to compare and complete a new quote form. For examples sake, let’s say you want to compare rates from GEICO, Farmers and American Family. You would be required to visit each site and repeatedly enter your information, which is not fast way to get rate quotes.

If you have time to kill, the last way to get rate quotes is driving to and from local insurance agencies. Comparing online rate quotes eliminates this option unless you prefer the trained advice that you can only get from talking to an agent. Although, it is possible obtain prices from the web but have your policy serviced through an agent.

It doesn’t matter which method you choose, just double check that you are using exactly the same quote data on every quote you get. If each company quotes different deductibles it will be nearly impossible to determine which rate is truly the best. Even a minor difference in insurance coverages can result in a big premium difference. It’s important to know that obtaining a wide range of quotes helps improve the odds of finding the best offered rates.

Do you qualify for discounts?

Some providers don’t list all their discounts in a way that’s easy to find, so we took the time to find a few of the more well known and the harder-to-find savings tricks you should be using when you buy insurance online.

• Save with More Vehicles Insured – Having primary and secondary vehicles on one policy can get a discount for every vehicle.
• Homeowners Discount – Simply owning a home can earn you a little savings because it requires a higher level of personal finance.
• Active Military Service – Being on active duty in the military could mean lower premium rates.
• Claim-Free Discount – Drivers who stay claim-free pay less when compared to drivers who are more careless.
• Drive Safe and Save – Insureds without accidents could pay up to 40% less for Lancer insurance compared to accident prone drivers.
• Distant Student Discount – Youth drivers who are attending college and do not have access to a covered vehicle may be able to be covered for less.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the entire policy premium. Most cut specific coverage prices like liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, you won’t be that lucky.

To see a list of insurers with the best insurance discounts, enter your zip code here.

Don’t assume everyone needs the same insurance coverage coverage

When buying the best insurance coverage coverage for your vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions might help in determining if you might need professional guidance.

• When should I drop full coverage on my 2015 Mitsubishi Lancer?
• Do I have coverage for damage caused while driving under the influence?
• Do I need to file an SR-22 for a DUI in my state?
• Why do I need rental car insurance?
• Does having multiple vehicles earn me a discount?
• What is the rate difference between pleasure use and commuting?
• Am I covered when driving someone else’s vehicle?
• What can I do if my company won’t pay a claim?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete your zip code.

You can change your insurance rates

Many factors are used in the calculation when premium rates are determined. Some factors are common sense like your driving record, but other factors are less obvious such as whether you are married or your commute time.

The items below are some of the most rate-impacting factors used by your company to calculate your prices.

• Your occupation is a factor – Did you know your occupation can influence how much you pay for auto insurance? Jobs such as fire fighters, airline pilots and miners are shown to have the highest rates attributed to high stress and lengthy work days. Other jobs like actors, engineers and retirees pay the least for Lancer insurance.
• Do you know your physical damage deductibles? – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your vehicle. Some instances where coverage would apply would be a broken side mirror, collision with an animal, and burglary. The deductibles you choose represent how much money you are willing to pay out-of-pocket in the event of a claim. The more damage repair cost you are required to pay out-of-pocket, the less your company will charge you for insurance for Lancer insurance.
• The more you drive the more you pay – The more you drive your Mitsubishi every year the higher your rate. Most companies calculate prices based upon how much you drive. Cars that have low annual miles receive lower rates compared to those used for work or business. Improper usage on your Lancer can result in significantly higher rates. Verify your auto insurance policy reflects the right rating data.
• Discounts for married drivers – Having a spouse can get you a discount on your auto insurance policy. It demonstrates that you tend to be more responsible and it’s statistically proven that married drivers tend to file fewer claims.
• Add-on coverages can add up – Insurance companies have many extra bells and whistles you can purchase on your auto insurance policy. Add-on coverages like coverage for rental cars, better glass coverage, and additional equipment coverage may be wasting your money. They may seem good initially, but your needs may have changed so remove them and pocket the money.

The largest companies are not always cheapest

Big name companies like State Farm and Allstate continually stream ads in print and on television. They all seem to tend to make the same promise of big savings if you move to their company. How does every company charge lower premium rates? This is the way they can do it.

All companies quote their best rates for the type of driver that will add to their bottom line. A good example of a profitable customer may need to be married and over the age of 30, has no tickets, and drives a vehicle with a low ISO rating. Someone who fits that profile will get the preferred rates and will save when they switch companies.

Potential insureds who cannot meet this stringent profile may be required to pay higher premiums and this results in business going elsewhere. If you listen to the ad wording, they say “customers who switch” but not “all drivers who get quotes” save the amount stated. That’s the way insurance companies can confidently make those claims.

This really drives home the point why you really need to do a rate comparison at every renewal. Because you cannot predict the company that will have the best premium rates.

Car insurance coverages for a 2015 Mitsubishi Lancer

Learning about specific coverages of auto insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverage types found on most auto insurance policies.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like damaging your car on a curb, hitting a parking meter, crashing into a ditch and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like EMT expenses, X-ray expenses, funeral costs, ambulance fees and nursing services. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive (Other than Collision)

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like fire damage, vandalism, hail damage, damage from a tornado or hurricane and damage from getting keyed. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability

Liability coverage will cover damage or injury you incur to other’s property or people in an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. 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 a limit of $100,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as repair bills for other people’s vehicles, attorney fees and legal defense fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Protection from uninsured/underinsured drivers

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Mitsubishi Lancer.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time the UM/UIM limits are set the same as your liability limits.

Never pay more for less

In this article, we presented some good ideas how you can save on 2015 Mitsubishi Lancer insurance. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the lowest prices are with the least-expected company. These companies may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.

When shopping online for insurance coverage, don’t be tempted to sacrifice coverage to reduce premiums. In too many instances, an insured dropped liability limits or collision coverage only to discover later that it was a big mistake. Your aim should be to purchase a proper amount of coverage at the best price, not the least amount of coverage.