Mitsubishi Galant Insurance – 5 Tips to Lower Rates

Nobody rejoices having to buy car insurance, especially knowing they are paying too much. Big companies like Progressive, State Farm and GEICO constantly bombard you with catchy ads and it is difficult to see past the corporate glitz and take the time to shop coverage around.

If you are insured now or are shopping for new coverage, you can use these tips to reduce the price you pay while maintaining coverages. Choosing the best insurance company for you is not that difficult. Drivers only need to know the proper way to get comparison rates online.

The quickest method we recommend to compare rate quotes is to know the fact most of the larger companies will pay a fee to compare their rates. The only thing you need to do is provide the companies a bit of rating information such as your credit rating estimate, how much coverage you want, if you have an active license, and marital status. The data is instantly provided to multiple different insurance companies and they provide comparison quotes quickly.

If you would like to start a quote now, click here and complete the form.

Are insurance agencies obsolete?

Certain consumers still like to buy from a licensed agent and that is a personal choice. Licensed agents are trained to spot inefficiencies and help in the event of a claim. A good thing about comparing rates online is you can get cheap rate quotes and still have an agent to talk to.

For easy comparison, once you complete this quick form, your coverage information is submitted to companies that can give you for your coverage. There is no reason to even leave your home as quotes are delivered immediately to you. If you wish to get a price quote from a specific car insurance provider, you would need to navigate to their website and give them your coverage information.

Choosing a insurer should include more criteria than just the price. The answers to these questions are important, too.

• Is vehicle mileage a factor when determining depreciation for repairs?
• Is assistance available after office hours?
• What are their preferred companies if they are an independent agency?
• Do they get extra compensation for selling add-on coverages?
• Is the coverage adequate for your vehicle?
• Will the company cover a rental car if your car is getting fixed?

If you are searching for a reputable insurance agent or broker, you should know the types of insurance agents that differ in how they can insure your vehicles. Insurance agencies can be categorized as either independent or captive. Both sell affordable car insurance policies, but it’s worth mentioning how they are different since it may influence the type of agent you choose.

Captive Agencies

Agents that choose to be captive are contracted to one company like Farmers Insurance and State Farm. Captive agents are unable to shop your coverage around so they are skilled at selling on more than just price. Captives are well trained on their company’s products which helps them sell on service rather than price.

Independent Car Insurance Agents

Agents that elect to be independent are not limited to a single company so they can write business through many companies and find you cheaper rates. If you are not satisfied with one company, they can switch companies in-house and you don’t have to switch agencies.

When comparing rate quotes, you will want to compare prices from a couple of independent agencies in order to compare the most rates.

To help find insurance agents near you, visit this full listing of car insurance agents.

Upon getting good answers to any questions you may have and a good coverage price, chances are good that you have found an insurance agent that meets the requirements to properly service your car insurance policy. Just keep in mind you can terminate your policy for any reason so never assume that you are permanently stuck with the car insurance policy for a certain time period.

Auto insurance 101

Knowing the specifics of a car insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average car insurance policy.

Liability – This coverage can cover damage or injury you incur to other’s property or people. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as attorney fees, funeral expenses, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Collision – Collision coverage pays for damage to your Galant resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like hitting a parking meter, colliding with another moving vehicle, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your Mitsubishi Galant.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for immediate expenses such as pain medications, ambulance fees, dental work and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive auto coverage – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, a tree branch falling on your vehicle and fire damage. The highest amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.