2011 Mitsubishi Lancer Evolution Insurance Rates – 10 Ideas for Best Quotes

Paying for pricey Mitsubishi Lancer Evolution insurance can bottom out your bank account and put the squeeze on your family’s finances. Comparing rate quotes can lower your rates and help to cut your insurance bill.

Having so many choices of insurance companies, it can be diffult for drivers to locate the best car insurance company.

Smart consumers take time to compare prices as often as possible due to the fact that insurance prices are variable and change quite frequently. Even if you think you had the lowest rates for Lancer Evolution coverage a few years ago you can probably find a lower rate today. Ignore everything you know about car insurance because we’re going to show you the best methods to save money, get proper coverage and the best rates.

More discounts mean lower-cost premiums

Buying car insurance is not cheap, but there could be significant discounts that you may not know about. Some trigger automatically when you purchase, but less common discounts must be inquired about in order for you to get them.

  • ABS Braking Discount – Cars, trucks, and SUVs equipped with ABS or steering control have fewer accidents and therefore earn up to a 10% discount.
  • Cautious Driver Discounts – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Lancer Evolution coverage than less cautious drivers.
  • Theft Prevention Discount – Cars equipped with anti-theft or alarm systems prevent vehicle theft and will qualify for a discount on a car insurance quote.
  • Switch and Save Discount – Some larger companies provide a discount for switching policies before your current expiration date. You can save around 10% with this discount.
  • Defensive Driver Discount – Taking a class that teaches defensive driver techniques is a good idea and can lower rates and easily recoup the cost of the course.
  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
  • Seat Belt Usage – Buckling up and requiring all passengers to fasten their seat belts can save up to 15% off the PIP or medical payment premium.
  • Low Mileage – Low mileage vehicles could earn cheaper prices.
  • Waiver for an Accident – Not necessarily a discount, but some insurance companies may permit one accident before hitting you with a surcharge if your claims history is clear for a specific time period.
  • Federal Employees – Active or retired federal employment may qualify for a discount when you quote car insurance for Lancer Evolution coverage with certain companies.

You can save money using discounts, but many deductions do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like you would end up receiving a 100% discount, companies don’t profit that way. But any discount will positively reduce your policy premium.

Companies that have some of the above discounts include:

If you need lower rates, check with each company or agent how many discounts you can get. Some credits may not be available in your area.

It’s not one size fits all

When it comes to buying the best car insurance coverage for your vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. These are some specific questions might point out if your situation will benefit from professional help.

  • How high should my medical payments coverage be?
  • When should I not file a claim?
  • Are my tools covered if they get stolen from my vehicle?
  • Is my 2011 Mitsubishi Lancer Evolution covered for flood damage?
  • Is my custom paint covered by insurance?
  • What if I don’t agree with a claim settlement offer?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

The coverage is in the details

Knowing the specifics of a insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average insurance policy.

Auto liability

This will cover damages or injuries you inflict on other’s property or people that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like pain and suffering, legal defense fees, repair costs for stationary objects and attorney fees. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like hitting a bird, damage from getting keyed and falling objects. The most 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 consider dropping full coverage.

Uninsured and underinsured coverage

This gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Mitsubishi Lancer Evolution.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Collision insurance

This covers damage to your Lancer Evolution resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as hitting a mailbox, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible to save money on collision insurance.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like EMT expenses, pain medications and rehabilitation expenses. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Don’t throw your cash in the trash

When searching for affordable car insurance quotes, don’t be tempted to sacrifice coverage to reduce premiums. There have been many situations where an insured cut comprehensive coverage or liability limits only to regret that the few dollars in savings costed them thousands. The proper strategy is to buy a smart amount of coverage at the best price while still protecting your assets.

We’ve covered many tips how you can save on 2011 Mitsubishi Lancer Evolution insurance. The key concept to understand is the more providers you compare, the better your comparison will be. You may even find the lowest prices come from a small local company. They may only write in your state and offer lower rates as compared to the big name companies such as State Farm or Progressive.

More information is available on the following sites: