8 Discounts Consumers Miss when Insuring a Dodge Colt Mitsubishi

Consumers have a choice when looking for low-cost Dodge Colt Mitsubishi insurance. You can either spend your time struggling with agents getting price quotes or use the internet to make rate comparisons. There is a better way to shop for auto insurance so you’re going to learn the best way to quote coverages for a new or used Dodge and find the lowest possible price from local insurance agents and online providers.

It’s important to shop coverage around at least once a year because rates trend upward over time. Just because you had the best deal for Colt Mitsubishi insurance a year ago there is a good chance you can find better rates now. Starting now, ignore everything you know about auto insurance because I’m going to teach you the fastest way to save money, get proper coverage and the best rates.

Finding affordable coverage is quite easy. If you currently have car insurance, you will most likely be able to reduce your rates substantially using this information. Although drivers do need to understand how big insurance companies sell insurance online and apply this information to your search.

How to Get Auto Insurance

There are a lot of ways to compare auto insurance prices and some are more efficient than others. You can waste hours talking about coverages with insurance companies in your area, or you can utilize the web to get pricing more quickly.

Many companies take part in a program that enables customers to send in one quote, and at least one company returns a rated price based on the submitted data. This prevents consumers from doing form submissions for each company.

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

The one downside to getting quotes like this is buyers cannot specifically choose which carriers you want to price. If you wish to select specific insurance companies to compare, we put together a list of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just ensure you are comparing apples-to-apples deductibles and coverage limits for every company. If you enter different values for each quote it’s impossible to determine the best price for your Dodge Colt Mitsubishi. Just a small difference in coverage limits can make a big difference in price. And when comparing auto insurance rates, know that quoting more helps locate better pricing.

Tailor your coverage to you

When choosing coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different.

These are some specific questions could help you determine whether your personal situation may require specific advice.

• Do I get a pro-rated refund if I cancel my policy early?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Am I covered when using my vehicle for business?
• Does my Dodge Colt Mitsubishi need full coverage?
• Is borrowed equipment or tools covered if stolen or damaged?
• Do I need higher deductibles?
• Is my business laptop covered if it gets stolen from my vehicle?
• What companies insure drivers after a DUI or DWI?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form.

Price shop online but buy from a local agent

Some consumers would rather talk to a local agent and that is OK! One of the great benefits of getting online price quotes is that you can obtain better rates but still work with a licensed agent.

To make it easy to find an agent, after completing this simple form, the coverage information gets sent to companies who will battle for your insurance coverage. You don’t have to even leave your home due to the fact that quote results will go to the email address you provide. How cool is that?! You can find the lowest rates AND an agent nearby.

Deciding on a company should depend on more than just the premium amount. These questions are important to ask:

• Which company do they place the most coverage with?
• Who is covered by the car insurance policy?
• Does the company allow you to choose your own collision repair facility?
• Does the agency provide any after hours assistance?
• Is working in the agency their full-time job?
• Are claim adjusters local or do you have to take your car somewhere else?
• How long has their agency been in business?

Captive and independent auto insurance agents

When researching local agents, there are two different agency structures that you can select. Agents are classified as either independent (non-captive) or captive.

Captive Agents

These agents have only one company to place business with and some examples include Allstate, Farmers Insurance or State Farm. Captives cannot compare other company’s rates so it’s a take it or leave it situation. Captives are well schooled on their products and sales techniques which helps them sell insurance even at higher premiums. Consumers frequently buy insurance from these agents mainly due to the prominence of the brand and the convenience of having all coverages with one company.

Independent Agents (or Brokers)

Independent agencies are not employed by any specific company so they can insure your vehicles with lots of companies and potentially find a lower price. If you are not satisfied with one company, an independent agent can move your coverage without you having to go to a different agency.

When comparing rates, you should always include multiple independent agents to ensure the widest selection of prices. They also have the ability to place coverage with different regional companies who may have lower rates.

To view a complete directory of agents, visit this page.

Once you have positive feedback to your questions and locked in a price quote, chances are good that you have found an insurance agent that meets your needs to insure your vehicles.

Auto insurance coverage breakdown

Knowing the specifics of a auto insurance policy aids in choosing 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.

Coverage for collisions

This covers damage to your Colt Mitsubishi resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like sideswiping another vehicle, hitting a parking meter, sustaining damage from a pot hole and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive auto insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, damage from a tornado or hurricane, hitting a deer, damage from flooding and hitting a bird. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto liability

This protects you from injuries or damage you cause to other’s property or people in an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims such as pain and suffering, emergency aid and attorney fees. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Dodge Colt Mitsubishi.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Coverage for medical expenses

Med pay and PIP coverage pay for expenses for ambulance fees, dental work and EMT expenses. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay