Cheapest Insurance for a Mitsubishi Lancer in Chula Vista

Insurance rates Mitsubishi Lancer in Chula VistaWe don’t have to tell you that auto insurance companies don’t want their customers to go rate shopping. Consumers who shop around at least once a year will presumably switch car insurance companies because there is a good chance of finding lower rate quotes. A study showed that drivers who compared prices regularly saved about $3,400 over four years compared to drivers who don’t make a habit of comparing rates.

If finding the lowest price for auto insurance in Chula Vista is your objective, then having a good understanding how to find companies and compare insurance coverage can make it easier to shop your coverage around.

If your goal is the lowest price, then the best way to find cheaper Mitsubishi Lancer insurance is to start comparing prices yearly from insurance carriers who sell insurance in Chula Vista.

First, get a basic knowledge of the coverage provided by your policy and the modifications you can make to drop your rates. Many factors that cause high rates like traffic violations, accidents, and poor credit history can be amended by improving your driving habits or financial responsibility.

Second, compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while agents who are independent can provide price quotes from multiple sources.

Third, compare the new rates to your current policy and determine if cheaper Lancer coverage is available in Chula Vista. If you can save some money and make a switch, ensure there is no coverage lapse between policies.

Fourth, provide adequate notice to your current company of your intention to cancel your current auto insurance policy and submit the signed application along with the required initial payment to the new company. Immediately upon receiving it, safely store the proof of insurance paperwork along with your vehicle registration.

A good piece of advice is that you use identical coverages on each quote request and and to get prices from as many companies as possible. This helps ensure a fair price comparison and the best price selection.

When comparing car insurance rates, know that comparing a wide range of rates will increase your chances of finding the best price.

The companies in the list below can provide free quotes in Chula Vista, CA. In order to find the best auto insurance in California, it’s a good idea that you visit several of them in order to get a fair rate comparison.

Mitsubishi Lancer insurance rate analysis

The data table shown below highlights detailed analysis of coverage prices for Mitsubishi Lancer models. Being more informed about how policy rates are determined can be useful when making informed decisions when shopping around for a new policy.

Mitsubishi Lancer Insurance Rates in Chula Vista, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lancer DE $490 $810 $578 $34 $174 $2,086 $174
Lancer ES $490 $810 $578 $34 $174 $2,086 $174
Lancer GTS $546 $932 $578 $34 $174 $2,264 $189
Lancer Sportback GTS $546 $932 $578 $34 $174 $2,264 $189
Lancer RALLIART $600 $1054 $578 $34 $174 $2,440 $203
Lancer Sportback Ralliart $600 $1054 $578 $34 $174 $2,440 $203
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Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can decrease or increase premium rates noticeably.

Choosing deductibles

One of the most common insurance questions is how high or low should comp and collision deductibles be. The data tables below lay out the costs and benefits between high and low comp and collision deductibles. The first rate quote example uses a $100 deductible for physical damage and the second set of prices uses a $500 deductible.

Mitsubishi Lancer insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lancer DE $430 $810 $442 $26 $132 $1,865 $155
Lancer ES $430 $810 $442 $26 $132 $1,865 $155
Lancer GTS $478 $932 $442 $26 $132 $2,035 $170
Lancer Sportback GTS $478 $932 $442 $26 $132 $2,035 $170
Lancer RALLIART $528 $1054 $442 $26 $132 $2,207 $184
Lancer Sportback Ralliart $528 $1054 $442 $26 $132 $2,207 $184
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Mitsubishi Lancer insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lancer DE $314 $546 $442 $26 $132 $1,460 $122
Lancer ES $314 $546 $442 $26 $132 $1,460 $122
Lancer GTS $348 $630 $442 $26 $132 $1,578 $132
Lancer Sportback GTS $348 $630 $442 $26 $132 $1,578 $132
Lancer RALLIART $384 $712 $442 $26 $132 $1,696 $141
Lancer Sportback Ralliart $384 $712 $442 $26 $132 $1,696 $141
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Information does not factor in specific Chula Vista garaging location which can alter auto insurance rates considerably.

Using the premium rates above, we can conclude that using a $100 deductible costs approximately $38 more each month or $456 each year than selecting the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to average more than 11 months between claim filings, you would save money by selecting a higher deductible.

Comparison of insurance rates by gender and age in Chula Vista

The chart below illustrates the difference between Mitsubishi Lancer yearly insurance costs for male and female drivers. The costs are based on no violations or accidents, comprehensive and collision coverage, $1,000 deductibles, single marital status, and no discounts are taken into consideration.

Three reasons to insure your Mitsubishi vehicle

Despite the fact that auto insurance is not cheap in Chula Vista, auto insurance may be required for several reasons.

The benefits of insuring your car more than offset the price you pay, particularly for liability claims. Today the average American driver is overpaying over $830 a year so you should quote your policy with other companies every year to make sure the price is not too high.

Components of Your Mitsubishi Lancer Insurance Prices

Many factors are used when you get a price on insurance. Some factors are common sense like a motor vehicle report, but others are less obvious like where you live or how safe your car is. Smart consumers have a good feel for a few of the rating criteria that play a part in calculating your policy premiums. When you know what positively or negatively determines premiums, this enables you to make decisions that will entitle you to better car insurance rates.

The items below are a few of the “ingredients” used by your company to calculate your rate level.

More performance means more cost – The make and model of the vehicle you are insuring makes a big difference in how high your rates are. The lowest base rates are for low performance passenger cars, but the cost you end up paying is determined by many additional factors.

The following data is based on a single female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The data compares Mitsubishi Lancer insurance rates compared to other vehicles that have different performance rating factors.

Gaps in coverage mean higher car insurance rates – Not having insurance is illegal and you may have a hard time finding new coverage because you let your coverage lapse. Not only will you pay higher rates, the inability to provide proof of insurance may result in a revoked license or a big fine. You may need to prove you have insurance by filing a SR-22 with the California motor vehicle department to get your license reinstated.

Choose high IIHS safety ratings and save – Vehicles with high crash test scores can get you lower premiums. Vehicles engineered for safety protect occupants better and fewer serious injuries means less money paid by your insurance company and cheaper rates on your policy. If your Mitsubishi is rated at least four stars on you may be receiving a better rate.

Cheap premiums for being claim-free – Auto insurance companies in California award lower rates to insureds who do not file claims often. If you file a lot of claims you can look forward to much higher rates or policy non-renewal. Your car insurance is intended for claims that you cannot pay yourself.

Driving citations increase costs – Only having one moving violation can increase the cost of insurance twenty percent or more. Good drivers get better rates as compared to those with violations. Drivers who have received multiple violations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.

The information below demonstrates how citations and accident claims can raise Mitsubishi Lancer auto insurance rates for different age categories. The premiums are based on a married female driver, comp and collision included, $100 deductibles, and no discounts are factored in.

Loss statistics for a Mitsubishi Lancer – Insurance companies study historical loss data to help determine the price you pay. Models that have higher claim amounts or frequency will cost more to insure.

The table below outlines the historical loss data for Mitsubishi Lancer vehicles. For each coverage type, the loss probability for all vehicles averaged together is considered to be 100. Percentages below 100 suggest a positive loss record, while percentages above 100 point to more claims or a tendency for losses to be larger than average.

Auto Insurance Loss Data for Mitsubishi Lancer Models
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Mitsubishi Lancer 2WD 153 146 127 192 218 172
Mitsubishi Lancer 4WD 149 131 148 135
Mitsubishi Lancer Evolution 4WD 225 123 221

Empty fields indicate not enough data collected
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Ratings for Chula Vista auto insurance companies

Buying coverage from the best car insurance provider is hard considering how many companies there are to choose from in Chula Vista. The company ratings in the next section can help you pick which car insurance providers you want to consider purchasing a policy from.

Top 10 Chula Vista Car Insurance Companies Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. AAA of Southern California
  5. Titan Insurance
  6. The General
  7. AAA Insurance
  8. State Farm
  9. Mercury Insurance
  10. Nationwide

Top 10 Chula Vista Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. Travelers – A++
  3. State Farm – A++
  4. GEICO – A++
  5. Esurance – A+
  6. Nationwide – A+
  7. Allstate – A+
  8. Mercury Insurance – A+
  9. Progressive – A+
  10. Titan Insurance – A+

Don’t give up on cheap coverage

Budget-conscious Mitsubishi Lancer insurance is available online as well as from insurance agents, and you should compare rates from both to have the best rate selection. Some insurance companies may not provide internet price quotes and usually these smaller companies provide coverage only through independent agents.

We just covered many ways to lower your Mitsubishi Lancer insurance auto insurance rates in Chula Vista. It’s most important to understand that the more companies you get premium rates for, the better likelihood of getting cheaper Chula Vista car insurance quotes. You may even find the best auto insurance rates are with a smaller regional carrier.

Consumers leave their current company for any number of reasons including poor customer service, questionable increases in premium, denial of a claim or delays in responding to claim requests. Regardless of your reason, switching companies is easier than you think.

More information is available at the links below