Save Money on Mitsubishi Outlander Insurance in Riverside

Insurance for Mitsubishi OutlanderWould you like to stop wasting money and find lower-priced Mitsubishi Outlander insurance in Riverside? Do you get overwhelmed by the dozens of insurance sources in your area? Many other people are as well. You have so many options that it can really be a big hassle to find the best premium rates for Mitsubishi Outlander insurance in Riverside. Riverside is a great place to live, but expensive insurance can make it hard for many residents to afford proper coverage amounts.

Unbelievable but true according to a study the majority of drivers have stayed with the same insurance company for four years or more, and almost 40% of drivers have never quoted rates to find lower-cost coverage. The average driver in Riverside could pocket $500 a year just by comparing rates, but they don’t want to spend time to compare rates and save money.

You should make it a habit to price shop coverage periodically due to the fact that insurance prices tend to go up over time. Just because you had the lowest price on Mitsubishi Outlander insurance in Riverside six months ago you may be paying too much now. There are lots of tips to save on Outlander insurance on the internet, but in a few minutes you can learn some good information on how to reduce your insurance bill.

If you are already insured, you will surely be able to buy cheaper auto insurance using the ideas covered in this article. Finding the most affordable auto insurance policy in Riverside is simple if you know the tricks. Nevertheless, California vehicle owners must know how insurance companies set your policy premium because rates are impacted by many factors.

Just remember that comparing a wide range of rates helps locate more affordable rates.

The companies in the list below are ready to provide quotes in Riverside, CA. If multiple providers are shown, it’s highly recommended you get price quotes from several of them in order to find the most competitive rates.

Insurance rate breakdown

The premium information displayed below showcases detailed analysis of insurance coverage prices for Mitsubishi Outlander models. Having a better idea how rates are calculated can help drivers make smart choices when buying a policy.


Mitsubishi Outlander Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outlander ES 2WD $390 $576 $492 $30 $148 $1,636 $136
Outlander SE 4WD $390 $576 $492 $30 $148 $1,636 $136
Outlander SE 4WD $390 $576 $492 $30 $148 $1,636 $136
Outlander SE 2WD $390 $576 $492 $30 $148 $1,636 $136
Outlander SE 2WD $390 $576 $492 $30 $148 $1,636 $136
Outlander ES 4WD $390 $576 $492 $30 $148 $1,636 $136
Outlander XLS 2WD $440 $678 $492 $30 $148 $1,788 $149
Outlander XLS 4WD $440 $678 $492 $30 $148 $1,788 $149
Outlander GT-S AWC 4WD $440 $678 $492 $30 $148 $1,788 $149
Outlander GT-S AWC 4WD $440 $678 $492 $30 $148 $1,788 $149
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Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rates do not factor in garaging location in Riverside which can change auto insurance rates greatly.

Raise deductibles and save

When buying auto insurance, a common question is how high should the physical damage deductibles be. The rates below illustrate the differences in price of buying low and high policy deductibles. The first rate estimation uses a $250 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.


Mitsubishi Outlander insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outlander ES 2WD $342 $576 $376 $22 $112 $1,453 $121
Outlander SE 4WD $342 $576 $376 $22 $112 $1,453 $121
Outlander SE 4WD $342 $576 $376 $22 $112 $1,453 $121
Outlander SE 2WD $342 $576 $376 $22 $112 $1,453 $121
Outlander SE 2WD $342 $576 $376 $22 $112 $1,453 $121
Outlander ES 4WD $342 $576 $376 $22 $112 $1,453 $121
Outlander XLS 2WD $386 $678 $376 $22 $112 $1,599 $133
Outlander XLS 4WD $386 $678 $376 $22 $112 $1,599 $133
Outlander GT-S AWC 4WD $386 $678 $376 $22 $112 $1,599 $133
Outlander GT-S AWC 4WD $386 $678 $376 $22 $112 $1,599 $133
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Mitsubishi Outlander insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Outlander ES 2WD $278 $464 $376 $22 $112 $1,252 $104
Outlander SE 4WD $278 $464 $376 $22 $112 $1,252 $104
Outlander SE 4WD $278 $464 $376 $22 $112 $1,252 $104
Outlander SE 2WD $278 $464 $376 $22 $112 $1,252 $104
Outlander SE 2WD $278 $464 $376 $22 $112 $1,252 $104
Outlander ES 4WD $278 $464 $376 $22 $112 $1,252 $104
Outlander XLS 2WD $314 $546 $376 $22 $112 $1,370 $114
Outlander XLS 4WD $314 $546 $376 $22 $112 $1,370 $114
Outlander GT-S AWC 4WD $314 $546 $376 $22 $112 $1,370 $114
Outlander GT-S AWC 4WD $314 $546 $376 $22 $112 $1,370 $114
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate information does not factor in zip code location which can alter auto insurance rates substantially.

We can derive from the above data that using a $250 deductible could cost the average driver approximately $18 more each month or $216 for a full year than buying the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at a minimum 14 months between claim filings, you would probably save some money if you choose a higher deductible.

Calculation for determining deductible levels

Average monthly premium for $250 deductibles: $126
Average monthly premium for $500 deductibles (subtract): – $108
Monthly savings from raising deductible: $18
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $18
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 14 months

One important caveat is that higher deductibles results in having to pay to pay more out-of-pocket when you file a claim. You need to make sure you have access to more funds in order to pay the higher deductible in order to repair your vehicle.

Responsible drivers pay cheaper Riverside auto insurance rates

The illustration below shows how speeding tickets and at-fault collisions influence Mitsubishi Outlander annual premium costs for different categories of driver ages. The rates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no additional discounts are factored in.

Should you buy full coverage?

The information below illustrates the difference between Mitsubishi Outlander yearly insurance costs with liability coverage only compared to full coverage. The costs are based on no claims or violations, $250 deductibles, drivers are not married, and no additional discounts are factored in.

When to drop comprehensive and collision

There is no written rule to delete comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Mitsubishi Outlander settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, you would only receive $7,000 after you pay the deductible. If premium cost is more than $700 annually for your policy with full coverage, then you might want to think about dropping full coverage.

There are some conditions where buying only liability insurance is not recommended. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not opt for liability only.

Informed Drivers Save Every Year

When buying car insurance it’s important to understand the different types of things that go into determining the rates you pay for car insurance. When you understand what influences your rates, this allows you to make educated decisions that can help you get lower rates. Many factors are considered when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, but other criteria are more transparent such as your credit history or your vehicle rating.

Lower prices with alarm systems – Owning a car that has a built-in theft deterrent system can save you some money. Systems that thwart thieves like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft.

Extra coverages push up rates – There are many additional extra coverages that may not really be needed if you aren’t careful. Coverage for things like roadside assistance, towing, and membership fees may be costing you every month. The coverages may be enticing when talking to your agent, but if you don’t need them eliminate them to save money.

Where you live is a factor – Having an address in a rural area is a good thing when insuring your vehicles. People in densely populated areas regularly have more road rage incidents and more time behind the wheel. Fewer drivers means fewer accidents and lower theft and vandalism rates.

Drive lots and pay more – Driving more miles every year the more you’ll pay to insure it. Almost all companies rate vehicles based upon how the vehicle is primarily used. Vehicles that have low annual miles can be on a lower rate level than vehicles that have high annual mileage. It’s a smart idea to ensure your car insurance policy is rated on the right rating data. Having an incorrect usage rating on your Outlander may be costing you higher rates.

Liability protection claims can be big – Liability insurance provides coverage if you are determined to be liable for personal injury or accident damage. Your policy’s liability insurance provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.

Stressful job may mean higher prices – Did you know your career choice can influence rates? Occupations such as fire fighters, police officers, and dentists have higher premiums than the average policyholder due to intense work requirements and long work days. On the other hand, careers such as scientists, athletes and performers generally pay rates lower than average.

Safety first – Safer cars cost less to insure. Vehicles built for safety help reduce the chance of injuries in an accident and lower injury rates means less claims paid which can mean better rates for you.

Loss probability for a Mitsubishi Outlander – Auto insurance companies analyze claim trends for every vehicle to help calculate a profitable premium rate. Models that the data determines to have higher losses will have a higher premium rate. The table below outlines the collected loss data for Mitsubishi Outlander vehicles.

For each coverage category, the statistical loss for all vehicles as a whole is considered to be 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while numbers above 100 indicate a higher chance of having a claim or tendency to have higher losses.


Insurance Loss Ratings for Mitsubishi Outlander Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Mitsubishi Outlander 4dr 2WD 117 104 119 155
Mitsubishi Outlander 4dr 4WD 116 93 140 115
Mitsubishi Outlander Sport 4dr 2WD 116 121 99 165 146 129
Mitsubishi Outlander Sport 4dr 4WD 109 118 123 124 139 112
BETTER
AVERAGE
WORSE

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

Insuring your Mitsubishi vehicle just makes sense

Despite the high cost of buying insurance for a Mitsubishi Outlander in Riverside, insurance serves an important purpose.

The benefits of carrying enough insurance more than offset the price you pay, especially if you ever need it. On average, a vehicle owner in Riverside is currently overpaying as much as $820 a year so it’s recommended you shop around at every renewal to help ensure money is not being wasted.

Riverside auto insurance companies

Ending up with the best insurer can be difficult considering how many companies there are to choose from in Riverside. The information listed below may help you choose which insurers you want to consider purchasing coverage from.

Top 10 Riverside Car Insurance Companies Ranked by Claims Service

  1. AAA of Southern California
  2. State Farm
  3. Esurance
  4. AAA Insurance
  5. Progressive
  6. Liberty Mutual
  7. GEICO
  8. Allstate
  9. Titan Insurance
  10. The Hartford

Top 10 Riverside Car Insurance Companies Ranked by Customer Satisfaction

  1. Titan Insurance – 95%
  2. USAA – 94%
  3. AAA of Southern California – 92%
  4. AAA Insurance – 91%
  5. Nationwide – 90%
  6. State Farm – 90%
  7. The Hartford – 89%
  8. GEICO – 89%
  9. The General – 88%
  10. 21st Century – 88%