A study showed that the vast majority of consumers kept their policy with the same company for more than four years, and about 40% of consumers have never compared rates with other companies. North Carolina insurance shoppers could pocket nearly 10% a year by just shopping around, but they don’t believe how much money they would save if they switch to a new company.
If you want to save money, the best way to get budget Mitsubishi Outlander insurance is to compare prices regularly from different companies in Charlotte. Rates can be compared by following these steps.
Step 1: Take a little time to learn about how companies set rates and the things you can change to prevent expensive coverage. Many factors that increase rates like traffic violations, accidents, and an imperfect credit score can be amended by improving your driving habits or financial responsibility. This article gives tips to get cheaper rates and find overlooked discounts.
Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like GEICO or Farmers Insurance, while agents who are independent can provide price quotes from multiple insurance companies. View insurance agents
Step 3: Compare the new rate quotes to your existing coverage to determine if switching companies saves money. If you can save money and make a switch, make sure there is no coverage gap between policies.
Step 4: Give notification to your current company to cancel your current auto insurance policy and submit a completed application and payment for your new coverage. As soon as you have the new policy, keep the new certificate verifying coverage in your vehicle.
A key point to remember is to compare the same amount of coverage on every quote request and and to compare every company you can. This ensures the most accurate price comparison and and a good selection of different prices.
All major auto insurance companies give coverage price quotes on their websites. Obtaining pricing for Mitsubishi Outlander insurance in Charlotte is easy for anyone because you just enter your coverage preferences into the quote form. Once entered, the quote system pulls your driving record and credit report and quotes a price.
Being able to quote online for Mitsubishi Outlander insurance in Charlotte streamlines rate comparisons, and it’s very important to have as many quotes as possible in order to get a lower rate.
In order to find out how much you can save on auto insurance, visit the companies below or click here to submit a quote request to multiple companies at once. If you have a policy now, it’s recommended you replicate the coverages as shown on your current policy. This ensures you will be getting an apples-to-apples comparison using the exact same coverages.
The companies shown below are ready to provide price comparisons in North Carolina. To buy cheaper auto insurance in Charlotte, it’s a good idea that you get rate quotes from several of them to get a more complete price comparison.
Mitsubishi Outlander insurance coverage information
The rate table displayed below outlines estimates of prices for Mitsubishi Outlander models. Understanding more about how auto insurance prices are calculated is important for you to make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outlander ES 2WD | $166 | $334 | $240 | $14 | $72 | $826 | $69 |
| Outlander SE 4WD | $166 | $334 | $240 | $14 | $72 | $826 | $69 |
| Outlander SE 4WD | $166 | $334 | $240 | $14 | $72 | $826 | $69 |
| Outlander SE 2WD | $166 | $334 | $240 | $14 | $72 | $826 | $69 |
| Outlander SE 2WD | $166 | $334 | $240 | $14 | $72 | $826 | $69 |
| Outlander ES 4WD | $166 | $334 | $240 | $14 | $72 | $826 | $69 |
| Outlander XLS 2WD | $186 | $394 | $240 | $14 | $72 | $906 | $76 |
| Outlander XLS 4WD | $186 | $394 | $240 | $14 | $72 | $906 | $76 |
| Outlander GT-S AWC 4WD | $186 | $394 | $240 | $14 | $72 | $906 | $76 |
| Outlander GT-S AWC 4WD | $186 | $394 | $240 | $14 | $72 | $906 | $76 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Price information does not factor in your specific Charlotte location which can increase or decrease prices greatly.
Higher deductibles lower rates
When shopping for auto insurance, a common question is how low should you set your deductibles. The tables below outline the cost difference when you choose different physical damage coverage deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outlander ES 2WD | $214 | $386 | $212 | $12 | $64 | $913 | $76 |
| Outlander SE 4WD | $214 | $386 | $212 | $12 | $64 | $913 | $76 |
| Outlander SE 4WD | $214 | $386 | $212 | $12 | $64 | $913 | $76 |
| Outlander SE 2WD | $214 | $386 | $212 | $12 | $64 | $913 | $76 |
| Outlander SE 2WD | $214 | $386 | $212 | $12 | $64 | $913 | $76 |
| Outlander ES 4WD | $214 | $386 | $212 | $12 | $64 | $913 | $76 |
| Outlander XLS 2WD | $242 | $456 | $212 | $12 | $64 | $1,011 | $84 |
| Outlander XLS 4WD | $242 | $456 | $212 | $12 | $64 | $1,011 | $84 |
| Outlander GT-S AWC 4WD | $242 | $456 | $212 | $12 | $64 | $1,011 | $84 |
| Outlander GT-S AWC 4WD | $242 | $456 | $212 | $12 | $64 | $1,011 | $84 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Outlander ES 2WD | $118 | $204 | $212 | $12 | $64 | $610 | $51 |
| Outlander SE 4WD | $118 | $204 | $212 | $12 | $64 | $610 | $51 |
| Outlander SE 4WD | $118 | $204 | $212 | $12 | $64 | $610 | $51 |
| Outlander SE 2WD | $118 | $204 | $212 | $12 | $64 | $610 | $51 |
| Outlander SE 2WD | $118 | $204 | $212 | $12 | $64 | $610 | $51 |
| Outlander ES 4WD | $118 | $204 | $212 | $12 | $64 | $610 | $51 |
| Outlander XLS 2WD | $134 | $240 | $212 | $12 | $64 | $662 | $55 |
| Outlander XLS 4WD | $134 | $240 | $212 | $12 | $64 | $662 | $55 |
| Outlander GT-S AWC 4WD | $134 | $240 | $212 | $12 | $64 | $662 | $55 |
| Outlander GT-S AWC 4WD | $134 | $240 | $212 | $12 | $64 | $662 | $55 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Prices do not factor in specific location which can affect prices substantially.
Based on the figures above, using a $100 deductible will cost you approximately $26 more each month or $312 a year than quoting the higher $1,000 deductible. Because you would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have at least 35 months between claims, you would save money if you elect the higher deductible. Here is how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $79 |
| Average monthly premium for $1,000 deductibles (subtract): | – $53 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 35 months |
The example below shows how choosing a deductible and can impact Mitsubishi Outlander insurance prices for each age group. The data is based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Insurance premiums for males and females
The example below illustrates the comparison of Mitsubishi Outlander insurance costs for male and female drivers. The rate quotes are based on no violations or claims, full coverage, $500 deductibles, marital status is single, and no discounts are applied to the premium.
Does it make sense to buy full coverage?
The diagram below visualizes the comparison of Mitsubishi Outlander annual premium costs with full coverage and liability only. The prices are based on no claims or violations, $250 deductibles, drivers are single, and no discounts are applied to the premium.
When to eliminate full coverage
There is no set rule to exclude full coverage, but there is a general guideline you can use. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s assume your Mitsubishi Outlander replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $3,000 after the deductible is paid. If premium cost is more than $300 annually for full coverage, then it might be time to consider dropping full coverage.
There are a few cases where buying only liability insurance is not advised. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should maintain full coverage.
Get cheap Mitsubishi Outlander insurance in Charlotte with discounts
Companies offering auto insurance don’t list all discounts very clearly, so the following is a list of some of the more common and also the more inconspicuous savings tricks you should be using when you buy Charlotte auto insurance online.
- Passive Restraint Discount – Factory air bags or motorized seat belts may get savings of 25 to 30%.
- Telematics Data – Policyholders that allow their insurance company to study driving patterns by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks if they exhibit good driving behavior.
- Pay Early and Save – By paying your entire bill at once instead of paying each month you can actually save on your bill.
- ABS and Traction Control Discounts – Anti-lock brake equipped vehicles are safer to drive so you can save 10 percent or more.
- Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
- Government Employees – Simply working for the federal government can save as much as 8% with certain companies.
- Senior Citizen Discount – Drivers over the age of 55 can get reduced rates.
- Club Memberships – Being a member of a civic or occupational organization in Charlotte could qualify you for a break on auto insurance.
- Discount for Low Mileage – Low annual miles can qualify you for lower premium rates due to less chance of an accident.
- Accident Free – Drivers who don’t have accidents get the best auto insurance rates as opposed to insureds who have frequent claims or accidents.
It’s important to understand that some credits don’t apply to your bottom line cost. Most cut the price of certain insurance coverages like collision or personal injury protection. Just because you may think all the discounts add up to a free policy, that’s just not realistic.
The example below shows the difference between Mitsubishi Outlander auto insurance rates with and without discounts applied to the premium. The data assumes a male driver, no accidents or driving violations, North Carolina state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, safe-driver, marriage, and claim-free discounts applied.
Popular auto insurance companies and their possible discounts are shown below.
- GEICO includes discounts for daytime running lights, multi-vehicle, driver training, multi-policy, membership and employees, seat belt use, and anti-theft.
- MetLife has discounts for good student, good driver, claim-free, accident-free, multi-policy, and defensive driver.
- Progressive may have discounts that include good student, continuous coverage, homeowner, multi-policy, and online quote discount.
- Travelers may offer discounts for student away at school, new car, multi-car, payment discounts, IntelliDrive, hybrid/electric vehicle, and continuous insurance.
- SAFECO offers discounts including accident prevention training, drive less, anti-lock brakes, anti-theft, multi-car, and safe driver.
- AAA offers discounts for pay-in-full, multi-policy, good student, education and occupation, and good driver.
If you need lower rates, check with all the companies to give you their best rates. Depending on the company, some discounts may not be offered in Charlotte.
Three main reasons to buy insurance
Despite the high cost, insuring your vehicle serves a purpose in several ways.
- The majority of states have mandatory liability insurance requirements which means you are required to carry specific limits of liability protection if you want to drive legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Outlander has a lienholder, most banks will make it mandatory that you have physical damage coverage to protect their interest in the vehicle. If you default on your policy, the bank may buy a policy for your Mitsubishi at a much higher premium rate and force you to reimburse them the higher premium.
- Insurance preserves your car and your assets. It will also pay for many types of medical costs for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also covers legal expenses if you are sued as the result of your driving. If your Mitsubishi gets damaged, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of buying insurance definitely exceed the cost, particularly when you have a large claim. Today the average American driver is overpaying more than $830 a year so shop around every year to help ensure money is not being wasted.
Local Charlotte car insurance agents
Many drivers just prefer to get advice from a local agent and that is a smart decision Professional agents can make sure you are properly covered and will help you if you have claims. An additional benefit of comparing rate quotes online is the fact that drivers can get the lowest rates and still have an agent to talk to.
To make it easy to find an agent, after completing this simple form, the coverage information is emailed to participating agents in Charlotte that can provide free Charlotte auto insurance quotes for your insurance coverage. You never need to search for an agent due to the fact that quote results will go to your email. If you wish to get a comparison quote from a specific company, feel free to visit that company’s website and complete a quote there.
Choosing a company requires you to look at more than just a low price. These are valid questions to ask:
- Is there a local claims center in Charlotte?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- What is the agency’s Better Business Bureau rating?
- If your car is in the repair shop, do you have coverage for a rental car?
- Which members of your family are coverage by the policy?
- Are they in the agency full-time?
Choose an insurance agent wisely
If you are wanting to purchase auto insurance from a local Charlotte insurance agency, there are two different types of agents and how they work. Agents in Charlotte may be either independent or exclusive. Either one can handle auto insurance, but it’s worth learning the difference between them since it may influence the selection process.
Exclusive Agencies
Agents that choose to be exclusive are contracted to one company like Allstate and State Farm. Exclusive agents cannot give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agents are trained well on sales techniques which helps them sell on service rather than price. Consumers sometimes use the same exclusive agent mostly because of the prominence of the brand and solid financial strength.
The following is a list of exclusive agencies in Charlotte willing to provide price quotes.
- Allstate Insurance: John Rose
6853 Fairview Rd c – Charlotte, NC 28210 – (704) 366-7779 – View Map - Kyle Fadeley – State Farm Insurance Agent
13551 Steelecroft Pkwy #120 – Charlotte, NC 28278 – (704) 588-5585 – View Map - Gary Kochman – State Farm Insurance Agent
9539 Idlewild Rd – Charlotte, NC 28227 – (704) 545-4422 – View Map
Independent Agencies or Brokers
These agents can sell policies from many different companies so as a result can place your coverage through lots of different companies and find you the best rates. If they quote lower rates, your policy is moved internally and you don’t have to do anything.
If you are comparing rate quotes, it’s a good idea to check rates from a few independent agents so that you have a good selection of quotes to compare. Most independent agents also contract with smaller mutual companies who may have lower rates.
Below are Charlotte independent insurance agencies that are able to give rate quotes.
- Johnson Insurance Management, LLC
3220 Wilkinson Boulevard Ste A3 – Charlotte, NC 28208 – (704) 394-7327 – View Map - Southeast Insurance Agency
212 S Tryon St #1605 – Charlotte, NC 28281 – (704) 885-8006 – View Map - Nationwide Insurance: Ed Cantey Insurance Agency Inc
5534 Albemarle Rd Ste 105 – Charlotte, NC 28212 – (704) 563-7777 – View Map
After talking to the agent and getting good answers to these questions as well as offering an affordable quote, you have narrowed it down to an auto insurance agent that meets your needs to properly insure your vehicles.