Do you want to save money by buying low-cost Mitsubishi Lancer insurance in Kansas City? Did you make the mistake of buying an under-performing, overpriced car insurance policy? Don’t sweat it because you are not the only one feeling buyer’s remorse.
It goes without saying that auto insurance companies don’t want you shop around. Drivers who compare rates once a year are inclined to buy a new policy because there is a good probability of finding a cheaper policy. A recent study showed that people who did price comparisons regularly saved over $70 a month compared to policyholders who never shopped around.
If finding discount rates on insurance is your ultimate objective, knowing the best ways to shop for car insurance can save money and time. With so many companies and agents to choose from, it can be hard to choose a lower cost insurer.
Finding and comparing the most affordable coverage in Kansas City is not as hard as you may think. If you already have coverage or just want a better rate, you can use these tips to reduce premiums and possibly find even better coverage. Shoppers only have to learn the least time-consuming way to compare rates online.
Buy Kansas City Mitsubishi Lancer insurance online
Getting low cost insurance pricing doesn’t have to be difficult. You just have to take the time comparing free Kansas City auto insurance quotes to find the company with low cost Kansas City auto insurance quotes.
Doing online rates comparisons is so easy that it makes it obsolete to drive to and from local insurance agencies. Shopping for insurance online reduces the need to sit down with an agent unless you want the advice and guidance that can only be provided by a licensed insurance agent. You can, however, get the lowest quotes online but still have the advice of a local agent.
The companies shown below are ready to provide comparison quotes in Kansas City, MO. To find cheap auto insurance in Kansas City, we suggest you visit as many as you can in order to find the most affordable rates.
Buying the right Lancer insurance in Missouri is an important decision
Despite the high cost, insuring your vehicle may not be optional for several reasons.
First, most states have mandatory insurance requirements which means state laws require specific limits of liability insurance coverage in order to be legal. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your Lancer, almost every bank will make it a condition of the loan that you buy insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender will be forced to insure your Mitsubishi at a much higher premium rate and force you to pay for the much more expensive policy.
Third, car insurance preserves both your Mitsubishi Lancer and your assets. It also can pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If you have damage to your Mitsubishi as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of having car insurance more than offset the price you pay, especially for larger claims. On average, a vehicle owner in Kansas City is wasting up to $865 each year so you should quote rates at every policy renewal to save money.
Statistics and details
The information shown next covers a range of insurance premium costs for Mitsubishi Lancer models. Being able to understand how rates are figured is important for drivers to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $222 | $502 | $302 | $18 | $90 | $1,134 | $95 |
| Lancer ES | $222 | $502 | $302 | $18 | $90 | $1,134 | $95 |
| Lancer GTS | $248 | $578 | $302 | $18 | $90 | $1,236 | $103 |
| Lancer Sportback GTS | $248 | $578 | $302 | $18 | $90 | $1,236 | $103 |
| Lancer RALLIART | $274 | $654 | $302 | $18 | $90 | $1,338 | $112 |
| Lancer Sportback Ralliart | $274 | $654 | $302 | $18 | $90 | $1,338 | $112 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate information does not factor in vehicle garaging location which can increase or decrease insurance rates substantially.
Deductible analysis
When comparing auto insurance rates, the most common question is how high or low should comp and collision deductibles be. The tables below can help you understand the premium difference of buying low and high physical damage deductibles. The first pricing table uses a $100 deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $258 | $488 | $266 | $16 | $80 | $1,133 | $94 |
| Lancer ES | $258 | $488 | $266 | $16 | $80 | $1,133 | $94 |
| Lancer GTS | $288 | $562 | $266 | $16 | $80 | $1,237 | $103 |
| Lancer Sportback GTS | $288 | $562 | $266 | $16 | $80 | $1,237 | $103 |
| Lancer RALLIART | $318 | $636 | $266 | $16 | $80 | $1,341 | $112 |
| Lancer Sportback Ralliart | $318 | $636 | $266 | $16 | $80 | $1,341 | $112 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $188 | $330 | $266 | $16 | $80 | $880 | $73 |
| Lancer ES | $188 | $330 | $266 | $16 | $80 | $880 | $73 |
| Lancer GTS | $210 | $380 | $266 | $16 | $80 | $952 | $79 |
| Lancer Sportback GTS | $210 | $380 | $266 | $16 | $80 | $952 | $79 |
| Lancer RALLIART | $232 | $430 | $266 | $16 | $80 | $1,024 | $85 |
| Lancer Sportback Ralliart | $232 | $430 | $266 | $16 | $80 | $1,024 | $85 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Premium costs do not factor in vehicle garaging location which can raise or lower auto insurance rates substantially.
Using the data above, we can ascertain that using a $100 deductible will cost in the ballpark of $24 more each month or $288 for a full year across all Mitsubishi Lancer models than requesting the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 17 months between claim filings, you would more than likely save some money if you elect the higher deductible. Below is the way this calculation is made.
| Average monthly premium for $100 deductibles: | $103 |
| Average monthly premium for $500 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
An important thing to remember is that increasing deductibles to save money means you will have to cover more of the damage yourself when you have a physical damage claim. That will require enough money put aside in order to pay the higher deductible in order to repair your vehicle.
The illustration below illustrates how your deductible choice and can increase or decrease Mitsubishi Lancer insurance premiums for each different age category. The data assumes a single female driver, comp and collision included, and no discounts are taken into consideration.
Take policy discounts and save on Mitsubishi Lancer insurance in Kansas City
Some insurance providers don’t always list every policy discount in a way that’s easy to find, so we took the time to find some of the best known as well as the least known ways to save on insurance.
- Low Mileage – Low mileage vehicles could qualify for lower premium rates due to less chance of an accident.
- Early Signing – Some insurance companies give discounts for switching to them before your current expiration date. This can save 10% or more.
- Professional Memberships – Being in a qualifying organization could trigger savings on your next renewal.
- Student in College – Kids who are enrolled in a college that is more than 100 miles from Kansas City and leave their car at home may be able to be covered for less.
- Own a Home – Owning a home in Kansas City can save you money because it requires a higher level of personal finance.
- Good Student – A discount for being a good student can earn a discount of 20% or more. This discount can apply up until you turn 25.
- No Charge for an Accident – This one isn’t a discount, but some companies like Progressive and Allstate will let one accident slide without raising rates with the catch being you have to be claim-free prior to being involved in the accident.
- Driver Safety – Taking time to complete a course in defensive driving is a good idea and can lower rates if your company offers it.
Just know that most discounts do not apply to the entire cost. Most only reduce specific coverage prices like comprehensive or collision. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way. But any discount will definitely reduce the amount you pay for coverage.
The illustration below shows the difference between Mitsubishi Lancer car insurance rates with and without discounts applied to the premium. The premiums assume a male driver, no violations or claims, Missouri state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-policy, multi-car, and claim-free discounts applied.
To see insurance companies that have a full spectrum of discounts in Kansas City, click this link.
Get rate quotes but buy from a local neighborhood Kansas City car insurance agent
Certain consumers still prefer to go talk to an agent and that is OK! Licensed agents are highly skilled in risk management and will help you if you have claims. The biggest benefit of comparing rates online is that drivers can save money and get cheap auto insurance quotes and still buy from a local agent. And buying from neighborhood insurance agencies is important especially in Kansas City.
Once you complete this form (opens in new window), your insurance data is submitted to insurance agents in Kansas City who can give free rate quotes for your coverage. It makes it easy because there is no need to contact any agents as quotes are delivered straight to your inbox. If you have a need to compare rates from a specific company, feel free to find their quoting web page and fill out their quote form.
When narrowing the list to find a reliable insurance agent, you must know there are a couple different agency structures to choose from. Agents in Kansas City can be classified as either independent (non-exclusive) or exclusive. Both types of agents can sell auto insurance policies, but it’s good to learn why they differ because it can factor into which agent you choose.
Independent Agents (or Brokers)
These type of agents are not locked into one company and that is an advantage because they can write policies with many different companies and get you the best rates possible. If they quote lower rates, your agent can just switch to a different company and you can keep the same agent.
When comparing rate quotes, you definitely need to contact a few independent agents to get the best comparison.
The following are independent agencies in Kansas City who may be able to give you free rate quotes.
ABBA Insurance, LLC
315 E 18th Ave – Kansas City, MO 64116 – (816) 454-8833 – View Map
Safeway Insurance Agency
3600 Broadway Suite 110 – Kansas City, MO 64111 – (816) 931-1222 – View Map
Daniel Crawford Insurance Agency
1201 NW Briarcliff Pkwy #345 – Kansas City, MO 64116 – (816) 390-4790 – View Map
Exclusive Auto Insurance Agencies
Exclusive agents are contracted to one company such as Farmers Insurance, Allstate, or State Farm. Exclusive agencies are unable to provide other company’s prices so they really need to provide good service. Exclusive agents are very knowledgeable on their company’s products and that allows them to sell at a higher price point.
The following are Kansas City exclusive agencies who can help you get comparison quotes.
American Family Insurance – Jeff Williams Agency Inc.
6505 N Prospect Ave #100 – Kansas City, MO 64119 – (816) 459-7779 – View Map
Shelter Insurance – John Goodwin
11125 Locust St – Kansas City, MO 64131 – (816) 363-5848 – View Map
American Family Insurance – Mike Faeth
110 NW Barry Rd Ste 203 – Kansas City, MO 64155 – (816) 436-6603 – View Map
Finding the right insurance agent needs to be determined by more than just the premium amount. These questions are important to ask:
- What insurance companies do they recommend if they are an independent agent?
- Has the agent ever had any license suspensions?
- Does their agency support local causes in Kansas City?
- Is there a 24/7 contact number?
- Does the agency have a good rating with the Better Business Bureau?
- What insurance companies do they work with in Kansas City?
In conclusion
A few companies may not provide rates over the internet and these small, regional companies only sell coverage through independent agencies. Lower-priced Mitsubishi Lancer insurance in Kansas City is possible online and also from your neighborhood Kansas City agents, and you need to comparison shop both in order to have the best chance of saving money.
You just read many ways to get a better price on Mitsubishi Lancer insurance in Kansas City. The most important thing to understand is the more providers you compare, the better likelihood of getting cheaper Kansas City auto insurance quotes. You may even find the best price on auto insurance is with a small mutual company. Regional companies often have lower car insurance rates on specific markets as compared to the big name companies such as State Farm or Progressive.
As you restructure your insurance plan, you should never skimp on coverage in order to save money. There are too many instances where drivers have reduced comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to find the BEST coverage at the lowest possible cost while not skimping on critical coverages.
Steps to quoting cheaper Mitsubishi Lancer insurance in Kansas City
The recommended way to get budget Mitsubishi Lancer insurance is to start comparing rates regularly from insurance carriers who sell auto insurance in Kansas City. Rate comparisons can be done by following these steps.
- First, take a little time to learn about how companies price auto insurance and the things you can control to prevent expensive coverage. Many risk factors that result in higher rates such as speeding and a bad credit rating can be amended by making minor changes in your lifestyle.
- Second, request rate estimates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like Progressive or Allstate, while independent agents can quote prices from multiple companies.
- Third, compare the new quotes to your current policy and determine if there is any savings. If you find a lower rate and decide to switch, make sure there is no lapse in coverage.
One thing to point out is to compare identical limits and deductibles on each price quote and and to analyze as many companies as feasibly possible. Doing this helps ensure the most accurate price comparison and the best price selection.
To read more, feel free to visit these articles:
- Tread Depth and Tire Safety (State Farm)
- Who Has Cheap Auto Insurance Quotes for High Mileage Drivers in Kansas City? (FAQ)
- How Much are Kansas City Auto Insurance Quotes for a Toyota Camry? (FAQ)
- Frontal Crash Tests (iihs.org)
- Five Mistakes to Avoid (Insurance Information Institute)
- Think You’re a Safe Driver? (State Farm)
- Teen Driving and Texting (State Farm)