Better Methods to Paying Less to Insure a Mitsubishi i-MiEV

Locating cheaper insurance for a new or used Mitsubishi i-MiEV can be difficult, but you can follow the following methods to find lower rates.

There is a right way and a wrong way to find auto insurance online so you’re going to learn the proper way to quote coverages on a Mitsubishi and locate the lowest possible price.

Pricing more affordable coverage is quite easy. Essentially anyone who is required by state law to have auto insurance will more than likely be able to find better rates. But drivers can benefit from knowing how companies determine prices and take advantage of how the system works.

Cheap Auto Insurance Comparisons

When shopping for auto insurance there are multiple ways to compare rate quotes from auto insurance companies in your area. The easiest way to find competitive Mitsubishi i-MiEV insurance rates is to use the internet to compare rates. This can be accomplished in a couple of different ways.

1. One of the simplest ways to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This method saves time by eliminating separate forms for each company. A single, simple form will get you rate comparisons . This is perfect if you don’t have a lot of time.
2. A harder way to find lower rates is to manually visit the website of each company and complete a new quote form. For examples sake, we’ll assume you want rates from USAA, Allstate and GEICO. To get each rate you have to go to every website and enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

Which method you use is up to you, but be sure to compare the exact same deductibles and coverage limits on every quote. If each company quotes different values for each quote then you won’t be able to determine the lowest rate for your Mitsubishi i-MiEV. Quoting even small variations in coverages may result in a large different in cost. It’s important to know that getting more free quotes will increase your chances of finding the best offered rates.

Do you qualify for discounts?

Insurance can cost an arm and a leg, but you may find discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time you complete a quote, but some must be asked for before you get the savings.

• Theft Prevention Discount – Cars that have factory anti-theft systems can help prevent theft and earn discounts up to 10%.
• One Accident Forgiven – A few companies allow you one accident before raising your premiums if you are claim-free for a set time period.
• Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts could save 15% off your PIP or medical payments premium.
• Pay Now and Pay Less – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
• Organization Discounts – Belonging to a qualifying organization could qualify you for a break when buying auto insurance for i-MiEV coverage.

As a disclaimer on discounts, most discount credits are not given to the entire cost. Most only apply to individual premiums such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, you’re out of luck. But all discounts will bring down the cost of coverage.

To see a list of insurance companies with discount auto insurance rates, follow this link.

These factors can influence what you pay for Mitsubishi i-MiEV insurance

Consumers need to have an understanding of the different types of things that help determine auto insurance rates. Understanding what impacts premium levels enables informed choices that will entitle you to big savings.

• Increase deductibles and save – Coverage for physical damage, also known as collision and other-than-collision, protects your Mitsubishi from damage. Some examples of claims that would be covered would be running into the backend of another car, damage caused by hail, and windstorm damage. Your deductibles are the amount of money you are willing to pay if you file a covered claim. The more the insured has to pay upfront, the lower your rates will be for i-MiEV coverage.
• The more you drive the more you pay – Driving more miles in a year’s time the higher your rates will be. Almost all companies apply a rate based on how the vehicle is used. Cars used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. If your policy improperly rates your i-MiEV may be wasting your money. Double check that your auto insurance coverage is showing the proper vehicle usage, because it can save money.
• Special features that cut premiums – Owning a car with an alarm system can help bring down rates. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
• More performance means more cost – The make and model of the vehicle you drive makes a substantial difference in the rate you pay. The lowest base rates are usually for small economy passenger cars, but the final cost of insurance is determined by many other factors. Since the Mitsubishi i-MiEV is a electric sedan, rates will be a tad higher when compared to the average rates.
• Do you know you’re credit rating? – Having a bad credit history is a big factor in your rate calculation. Therefore, if your credit score is not that good, you could potentially save money when insuring your Mitsubishi i-MiEV by improving your credit score. Drivers with good credit tend to file fewer claims and have better driving records than those with lower credit scores.
• Never let your coverage lapse – Driving with no insurance is illegal and auto insurance companies will penalize you for letting your coverage have a gap. And not only will your rates increase, but not being able to provide proof of insurance may earn you a steep fine or even jail time.
• Your spouse saves you money – Getting married helps lower the price on your policy. Having a spouse means you’re more mature than a single person and statistics show married couples file fewer claims.

Don’t assume everyone needs the same coverage

When it comes to buying proper insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s needs are different.

Here are some questions about coverages that may help highlight whether your personal situation would benefit from professional advice.

• Does medical payments coverage apply to all occupants?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Is my business laptop covered if it gets stolen from my vehicle?
• Is my Mitsubishi i-MiEV covered for flood damage?
• Should I buy additional glass protection?
• Should I file a claim if it’s only slightly more than my deductible?
• What happens if I owe more than my Mitsubishi i-MiEV is worth?
• Should I drop comprehensive coverage on older vehicles?
• Do I have coverage for damage caused while driving under the influence?
• Do I really need UM/UIM coverage?

If you can’t answer these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

A little work can save a LOT of money

While you’re price shopping online, do not sacrifice coverage to reduce premiums. Too many times, drivers have reduced comprehensive coverage or liability limits and learned later that they should have had better coverage. Your aim should be to get the best coverage possible at an affordable rate while still protecting your assets.

People change insurance companies for many reasons like high prices, lack of trust in their agent, denial of a claim or even high rates after DUI convictions. Whatever your reason, finding the right auto insurance provider is actually quite simple.

Low-cost Mitsubishi i-MiEV insurance is available online as well as from independent agents, and you should be comparing both to have the best rate selection. A few companies don’t offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.