1991 Mitsubishi Precis Insurance Cost

Have you fallen victim to an overpriced insurance policy? Trust us when we tell you there are a lot of people just like you who feel imprisoned by their insurance policy.

Companies like State Farm, GEICO and Farmers Insurance all promote huge savings with ad campaigns and it can be hard to not get sucked in by the cute commercials and find the best price available.

If you currently have car insurance, you will most likely be able to save some money using these techniques. Choosing the best insurance company for you is not that difficult. But car owners must learn the way insurance companies price insurance differently because it can help you find the best coverage.

Factors that can influence Mitsubishi Precis insurance rates

It’s important that you understand some of the elements that help determine the price you pay for insurance coverage. Understanding what influences your rates empowers consumers to make smart changes that may reward you with big savings.

  • Little extras can really add up – There are quite a few add-on coverages that you can buy on your Precis policy. Things like rental car reimbursement, towing coverage and membership fees are some examples. They may seem good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Your car’s features help determine rates – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.
  • How your age affects price – Young drivers are statistically proven to be more careless when behind the wheel so they pay higher insurance coverage rates. Older insureds are viewed as being more responsible, file fewer claims and receive fewer citations.
  • Cautious drivers pay less – Drivers who don’t get tickets get better rates than their less careful counterparts. Just one ticket can bump up the cost twenty percent or more. If you have dangerous violations like DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
  • Do you have a high stress job? – Occupations like real estate brokers, executives and financial analysts tend to pay higher average rates in part from high stress levels and long work days. Conversely, jobs such as scientists, engineers and the unemployed have the lowest average rates on Precis insurance.
  • Your location is important – Being located in less populated areas can be a good thing when insuring your vehicles. Urban drivers have to deal with much more traffic and longer commute times. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims.
  • How credit affects insurance coverage rates – Your credit score is a big factor in determining what you pay for insurance coverage. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers with lower credit ratings. If your credit history is low, you could save money insuring your 1991 Mitsubishi Precis by improving your credit score.

Car Insurance Quote Comparison

Comparing car insurance rates can be a lot of work if you aren’t aware of the best way to get rate quotes. You could spend the better part of a day driving to local insurance agents in your area, or you could save time and use online quoting to get rate comparisons in just a few minutes.

Many companies participate in a marketplace that enables customers to send in one quote, and at least one company can give them a price based on that data. This saves time by eliminating repetitive form submissions for every car insurance company.

To compare 1991 Mitsubishi Precis rates now click here to open in new window.

The only downside to using this type of form is you can’t choose which insurance companies to get quotes from. So if you prefer to pick specific insurance companies to compare rates, we put together a list of car insurance companies in your area. Click here for list of insurance companies.

Whichever method you choose, make sure you use the exact same information with every price quote. If you use higher or lower deductibles then you won’t be able to make a fair comparison for your Mitsubishi Precis. Just a small difference in limits can result in a big premium difference. It’s important to know that having more price comparisons will enable you to find the best price.

Discounts are basically free money

Properly insuring your vehicles can get expensive, but there could be available discounts to help bring down the price. Some trigger automatically when you get a quote, but a few need to be requested specifically prior to getting the savings.

  • No Claims – Claim-free drivers pay much less compared to frequent claim filers.
  • Defensive Driving Course – Completing a driver safety course can save you 5% or more if you qualify.
  • Multi-car Discount – Buying insurance for more than one vehicle on one policy may reduce the rate for each vehicle.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt could save 15% off your medical payments premium.
  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less on Precis insurance than their less cautious counterparts.
  • Accident Forgiveness – A handful of insurance companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
  • Multi-policy Discount – When you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Own a Home – Being a homeowner can save you money because maintaining a house shows financial diligence.
  • Organization Discounts – Affiliation with a professional or civic organization may earn a discount when shopping for insurance on Precis insurance.

Keep in mind that many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like comp or med pay. So when the math indicates you would end up receiving a 100% discount, companies wouldn’t make money that way. Any qualifying discounts will help reduce the amount you have to pay.

To see a list of companies with the best insurance discounts, click here to view.

Which insurance is the “right” coverage?

When it comes to choosing coverage for your vehicles, there is no “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help highlight whether or not you might need professional guidance.

  • Do all my vehicles need collision coverage?
  • Can I still get insurance after a DUI?
  • How do I file an SR-22 for a DUI in my state?
  • Does my policy cover me when driving someone else’s vehicle?
  • Do I need an umbrella policy?
  • Is a new car covered when I drive it off the dealer lot?

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 or go to this page to view a list of companies.

Information about specific coverages

Knowing the specifics of a insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. These are typical coverages offered by insurance companies.

Liability auto insurance

Liability insurance can cover damages or injuries you inflict on a person or their property. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have a combined limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as structural damage, pain and suffering, medical services and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive protection

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from flooding, a broken windshield and vandalism. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage

Collision insurance will pay to fix damage to your Precis from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like sideswiping another vehicle, scraping a guard rail, damaging your car on a curb and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for expenses like prosthetic devices, chiropractic care and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

A little work can save a LOT of money

The cheapest 1991 Mitsubishi Precis insurance can be bought from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to get a complete price analysis. Some companies may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

In this article, we presented many ways to compare insurance prices online. The key concept to understand is the more providers you compare, the higher the chance of saving money. You may even find the lowest rates come from a lesser-known regional company. Some small companies may only write in your state and offer lower rates compared to the large companies like State Farm, GEICO and Nationwide.

Even more information can be read by following these links: