1997 Mitsubishi 3000GT Insurance Cost – 9 Savings Tips

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Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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Written by Jeffrey Johnson
Insurance Lawyer Jeffrey Johnson

UPDATED: May 12, 2022

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Searching for cheaper car insurance rates for your Mitsubishi 3000GT? Beginners to buying insurance online will find finding the cheapest car insurance very challenging.

Cut prices on 1997 Mitsubishi 3000GT insurance

Insuring your vehicles can cost a lot, but there are discounts available to reduce the price significantly. Certain discounts will be applied when you purchase, but lesser-known reductions have to be specially asked for in order for you to get them.

  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. This discount can apply until age 25.
  • Own a Home – Owning a home can help you save on car insurance because maintaining a house demonstrates responsibility.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less on 3000GT insurance than less cautious drivers.
  • Claim Free – Claim-free drivers can save substantially when compared with bad drivers.
  • Resident Student – Any of your kids who are attending college without a vehicle on campus may be able to be covered for less.
  • Multiple Policy Discount – If you insure your home and vehicles with one company you may save at least 10% off all policies.
  • Save with a New Car – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Defensive Driver – Successfully completing a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Service Members Pay Less – Being deployed with a military unit can result in better rates.

Consumers should know that most discount credits are not given the whole policy. Some only reduce the cost of specific coverages such as medical payments or collision. So even though they make it sound like you can get free auto insurance, you won’t be that lucky. Any qualifying discounts will cut your premiums.

To see a list of providers with the best car insurance discounts, click this link.

Vehicle Insurance Comparison

Most companies allow you to get coverage prices on their websites. Obtaining pricing doesn’t take much effort as you simply type in the coverage amounts you desire as requested by the quote form. When complete, their rating system collects credit information and your driving record and generates a price based on these and other factors.

Quoting online makes it a lot easier to compare rates but the time it takes to visit several different sites and fill out multiple forms is repetitive and time-consuming. But it’s absolutely necessary to have as many quotes as possible in order to find the lowest possible prices on insurance coverage.

A quicker way to compare insurance coverage pricing is to use a quote form that obtains quotes from more than one company. It’s a real time-saver, eliminates repetitive work, and makes online quotes a lot less work. Immediately after submitting the form, it is rated with multiple companies and you can pick your choice of the resulting price quotes.

If a lower price is quoted, it’s easy to complete the application and buy the new coverage. The whole process takes less than 15 minutes and may save quite a bit of money.

To save time and find out what other companies charge, click here to open in new window and complete the simple form. If you have coverage now, it’s recommended you type in the coverage information as close as possible to your current policy. Doing this assures you will get rate comparison quotes based on similar coverages.

Tailor your coverage to you

When choosing coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every situation is different.

For example, these questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • How do I insure my teen driver?
  • What is UM/UIM insurance?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Should I rate my 1997 Mitsubishi 3000GT as pleasure use or commute?
  • What is medical payments coverage?
  • Do I need PIP coverage since I have good health insurance?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Slick advertising tricks that work

Auto insurance providers like State Farm, Allstate and GEICO constantly bombard you with television and radio advertisements. They all have a common claim about savings if you switch your policy. How can each company make the same claim? This is how they do it.

Different companies are able to cherry pick for the type of customer that is profitable for them. For example, a desirable insured might be profiled as over the age of 40, owns a home, and has a high credit rating. A propective insured that hits that “sweet spot” receives the best rates and therefore will cut their rates substantially.

Drivers who don’t qualify for the “perfect” profile will have to pay higher rates and this can result in the driver buying from a lower-cost company. The ads say “drivers who switch” not “people who quote” save that much money. That’s the way companies can advertise the savings.

Because of the profiling, you absolutely need to get as many quotes as possible. Because you never know which auto insurance company will provide you with the cheapest Mitsubishi 3000GT insurance rates.

Insurance coverage basics

Having a good grasp of your policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Collision protection

Collision insurance covers damage to your 3000GT resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as backing into a parked car, hitting a parking meter, sustaining damage from a pot hole and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like doctor visits, funeral costs and dental work. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a broken windshield, damage from getting keyed, theft and hitting a deer. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto liability

Liability insurance can cover damages or injuries you inflict on people or other property. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against things such as bail bonds, court costs and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

More effort can pay off

We just showed you quite a bit of information on how to reduce 1997 Mitsubishi 3000GT insurance prices online. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the lowest rates come from a small mutual company.

Consumers change insurance companies for any number of reasons including delays in responding to claim requests, poor customer service, policy non-renewal or even delays in paying claims. Regardless of your reason for switching companies, switching companies is actually quite simple.

When you buy insurance online, you should never sacrifice coverage to reduce premiums. Too many times, someone dropped liability coverage limits only to find out that the few dollars in savings costed them thousands. Your focus should be to purchase plenty of coverage at an affordable rate while still protecting your assets.

Even more information can be read at these sites:

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