Insurance for Mitsubishi LancerDid you come to the realization that you have overpriced Mitsubishi Lancer insurance in Fort Wayne? It's a common feeling and you're not the only one.

Astonishing but true, 70% of consumers have stayed with the same insurance company for at least the last four years, and almost 40% of drivers have never shopped around. The average driver in Fort Wayne can cut their rates by up to $700 a year, but they underestimate the large savings they would see if they replace their high priced policy. Since you have so many choices of insurance companies that have lower-cost insurance for a Mitsubishi Lancer in Fort Wayne, it is very difficult to pick the right insurance provider.

Buying the cheapest insurance in Fort Wayne is much easier if you know where to start. If you have insurance now or want to find a cheaper company, you can follow these tips to shop for the lowest rates without reducing coverage. Vehicle owners only need an understanding of the most effective way to compare price quotes from many different companies.

Affordable car insurance in Fort Wayne, IN

The car insurance companies shown below have been selected to offer price quotes in Indiana. If multiple providers are shown, it's highly recommended you visit several of them to get a more complete price comparison.

Mitsubishi Lancer Insurance Rates in Fort Wayne, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lancer DE $192 $392 $364 $22 $110 $1,080 $90
Lancer ES $236 $486 $364 $22 $110 $1,218 $102
Lancer GTS $262 $580 $318 $18 $94 $1,272 $106
Lancer Sportback GTS $130 $258 $264 $16 $80 $748 $62
Lancer RALLIART $334 $690 $380 $22 $114 $1,540 $128
Lancer Sportback Ralliart $258 $550 $318 $18 $94 $1,238 $103
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate quotes do not factor in garaging location in Fort Wayne which can revise coverage prices noticeably.

Deductible comparison

When buying car insurance, a common question is how high or low should comp and collision deductibles be. The premium rates below lay out the price difference between high and low insurance deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second rate table uses a $1,000 deductible.

Mitsubishi Lancer insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lancer DE $272 $514 $280 $16 $84 $1,191 $99
Lancer ES $272 $514 $280 $16 $84 $1,191 $99
Lancer GTS $304 $592 $280 $16 $84 $1,301 $108
Lancer Sportback GTS $304 $592 $280 $16 $84 $1,301 $108
Lancer RALLIART $334 $670 $280 $16 $84 $1,409 $117
Lancer Sportback Ralliart $334 $670 $280 $16 $84 $1,409 $117
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Mitsubishi Lancer insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lancer DE $152 $270 $280 $16 $84 $802 $67
Lancer ES $152 $270 $280 $16 $84 $802 $67
Lancer GTS $168 $312 $280 $16 $84 $860 $72
Lancer Sportback GTS $168 $312 $280 $16 $84 $860 $72
Lancer RALLIART $186 $352 $280 $16 $84 $918 $77
Lancer Sportback Ralliart $186 $352 $280 $16 $84 $918 $77
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Price information does not factor in specific Fort Wayne garaging location which can change auto insurance rates noticeably.

We can estimate from the data above that using a $100 deductible costs roughly $36 more each month or $432 every year than opting for the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 25 months between claim filings, you would probably be better off if you decide on a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $108
Average monthly premium for $1,000 deductibles (subtract): - $72
Monthly savings from raising deductible: $36
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $36
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 25 months

One thing to be aware of is that raising deductibles to get cheaper rates means you will have to pay more out-of-pocket when you have to file a claim. That will require a higher level of savings in the event you have to pay more to get your vehicle repaired.

Determine discounts to get cheap Fort Wayne auto insurance rates

Some providers do not advertise all available discounts in a way that's easy to find, so we took the time to find some of the best known and also the more inconspicuous credits available to lower your premiums when you buy Fort Wayne auto insurance online.

As a disclaimer on discounts, some credits don't apply to the overall cost of the policy. Some only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, insurance companies wouldn't stay in business.

If you would like to choose from a list of companies with significant discounts in Fort Wayne, click here to view.

When to get professional advice

When it comes to buying proper insurance coverage, there is no perfect coverage plan. Every insured's situation is different so this has to be addressed. For instance, these questions could help you determine if you could use an agent's help.

If it's difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Car insurance agents near you

A lot of people just prefer to talk to a local agent and often times that is recommended Professional insurance agents are trained risk managers and help submit paperwork. An additional benefit of comparing rates online is that drivers can save money and get lower premium rates and also buy local.

Once you complete this short form, the quote information is immediately sent to agents in your area who can give free rate quotes for your car insurance coverage. You won't even need to leave your house as quotes are delivered straight to your inbox. If for some reason you want to get a comparison quote from a particular provider, don't hesitate to search and find their rate quote page and complete a quote there.

Selecting a provider should depend on more than just the quoted price. Agents should be asked these questions:

How to choose the best car insurance agent in Fort Wayne

If you want to use an insurance agent, you must know there are a couple different types of agencies and how they are distinctly different. Agencies in Fort Wayne can be categorized as either independent agents or exclusive agents depending on their employer. Either one can provide car insurance policies, but it's worth learning the differences since it can affect which agent you choose.

Exclusive Insurance Agencies

These agents work for only one company and some examples include American Family, State Farm, and AAA. These agents are unable to provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive agents receive extensive training on their products and sales techniques which helps offset the inability to provide other markets.

Listed below is a list of exclusive insurance agencies in Fort Wayne willing to provide rate quotes.

5533 S Anthony Blvd - Fort Wayne, IN 46806 - (260) 447-1074 - View Map

4660 W Jefferson Blvd Ste 100 - Fort Wayne, IN 46804 - (260) 459-7673 - View Map

615 Goshen Ave - Fort Wayne, IN 46808 - (260) 482-9623 - View Map

More Fort Wayne agents

Independent Car Insurance Agents

Independent agents are not locked into one company and that is an advantage because they can write policies with a variety of different insurance companies and find the cheapest rate. If you are not satisfied with one company, they can switch companies in-house which requires no work on your part.

If you are comparing car insurance prices, we recommend you include a couple of independent agencies for maximum quote selection.

The following are Fort Wayne independent insurance agencies who can help you get rate quotes.

7410 Bluffton Rd - Fort Wayne, IN 46809 - (260) 747-5373 - View Map

5150 W Jefferson Blvd - Fort Wayne, IN 46804 - (260) 424-5600 - View Map

807 Lincoln Hwy W - New Haven, IN 46774 - (260) 749-9696 - View Map

More Fort Wayne agents

The largest companies are not always cheapest

Consumers in Indiana get pounded daily by advertisements that claim the lowest prices by Progressive, GEICO, Allstate and State Farm. All the ads make an identical promise about saving some big amount just by moving your coverage.

How can each company save you money on Mitsubishi Lancer insurance in Fort Wayne? It's all in how they say it.

Many companies have specific characteristics for the type of customer that is profitable for them. A good example of a profitable risk profile may be a female over age 40, has a low-risk occupation, and drives a vehicle with a low ISO rating. Any customer that matches those criteria gets the lowest rates and will most likely save a lot on Fort Wayne Mitsubishi Lancer insurance if they switch.

Drivers who are not a match for these stringent criteria may be forced to pay higher rates which leads to the customer not purchasing. The ad wording is "people who switch" not "all people who quote" can save as much as they claim. This is how insurance companies can make claims that they all have the best prices. Because of these techniques, you need to get Fort Wayne auto insurance quotes as often as possible. Because you cannot predict which insurance companies will have the best Mitsubishi Lancer insurance in Fort Wayne.

Shop smart and save

Cheap Mitsubishi Lancer insurance in Fort Wayne can be bought online as well as from insurance agents, so you need to shop Fort Wayne auto insurance with both to have the best chance of lowering rates. Some insurance companies do not provide the ability to get a quote online and these small, regional companies prefer to sell through local independent agencies.

While you're price shopping online, do not skimp on coverage in order to save money. There have been many situations where drivers have reduced liability limits or collision coverage only to discover later that their decision to reduce coverage ended up costing them more. Your goal should be to buy a smart amount of coverage at a price you can afford and still be able to protect your assets.

More detailed auto insurance information is located by following these links: