A recent study showed that almost 70% of drivers in Ohio kept their coverage with the same auto insurance company for four years or more, and just short of a majority have never compared rates from other carriers. Drivers in America could cut their rates by roughly 47% a year just by getting comparison quotes, but they don’t know the large savings they would see if they switched.
It takes a few minutes, but the best way to find lower priced auto insurance rates in Cleveland is to do a yearly price comparison from providers who provide car insurance in Ohio. Prices can be compared by following these steps.
- Gain an understanding of policy coverages and the modifications you can make to keep rates low. Many things that drive up the price like traffic citations and a low credit rating can be amended by paying attention to minor details. This article provides more information to prevent high prices and get bigger discounts.
- Compare prices from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO or Allstate, while independent agencies can provide prices for many different companies.
- Compare the new rate quotes to your current policy premium to see if cheaper Lancer coverage is available. If you find a better price, verify that coverage does not lapse between policies.
- Notify your current company of your intention to cancel the current policy and submit a down payment along with a completed application to your new insurance company. Be sure to put the certificate of insurance in an easily accessible location.
One key aspect when comparing rates is to try to compare the same physical damage deductibles and liability limits on every quote request and and to get rate quotes from all possible companies. This provides an apples-to-apples comparison and the most accurate and complete price analysis.
Choosing the best rates in Cleveland can initially seem challenging. Essentially each driver who needs cheaper insurance most likely will be able to save money. But Ohio consumers must comprehend the way insurance companies determine what you pay.
Just keep in mind that having more price comparisons will improve the odds of getting a better price.
The providers in the list below can provide comparison quotes in Ohio. If you wish to find the best cheap auto insurance in OH, we suggest you visit as many as you can to get a more complete price comparison.
Choosing the best Mitsubishi Lancer insurance in Ohio is an important decision
Despite the high cost, insurance may be mandatory for several reasons.
- Just about all states have minimum liability requirements which means state laws require a specific minimum amount of liability protection in order to be legal. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Mitsubishi has a lienholder, it’s guaranteed your bank will force you to have full coverage to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the lender may insure your Mitsubishi at a more expensive rate and force you to pay the higher price.
- Auto insurance preserves both your Mitsubishi and your personal assets. Insurance will pay for most medical and hospital costs incurred in an accident. Liability coverage also covers all legal expenses up to the policy limit in the event you are sued. If your Mitsubishi gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of having insurance more than cancel out the cost, especially for larger claims. According to a 2015 survey, the average American driver is currently overpaying as much as $855 a year so you should quote your policy with other companies at every policy renewal to ensure rates are competitive.
Auto insurance analysis for a Mitsubishi Lancer
The price information shown next covers estimates of coverage costs for Mitsubishi Lancer models. Learning as much as possible about how insurance policy premiums are established can help guide drivers when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $124 | $234 | $214 | $12 | $64 | $648 | $54 |
| Lancer ES | $124 | $234 | $214 | $12 | $64 | $648 | $54 |
| Lancer GTS | $138 | $268 | $214 | $12 | $64 | $696 | $58 |
| Lancer Sportback GTS | $138 | $268 | $214 | $12 | $64 | $696 | $58 |
| Lancer RALLIART | $152 | $304 | $214 | $12 | $64 | $746 | $62 |
| Lancer Sportback Ralliart | $152 | $304 | $214 | $12 | $64 | $746 | $62 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Rate information does not factor in specific Cleveland garaging location which can decrease or increase price quotes considerably.
Deductible analysis
The hardest decision when buying coverage is what deductibles to buy. The rates below summarize the rate difference when you buy lower versus higher comp and collision deductibles. The first set of rates uses a $100 physical damage deductible and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| Lancer ES | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| Lancer GTS | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| Lancer Sportback GTS | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| Lancer RALLIART | $270 | $542 | $226 | $14 | $68 | $1,145 | $95 |
| Lancer Sportback Ralliart | $270 | $542 | $226 | $14 | $68 | $1,145 | $95 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $160 | $280 | $226 | $14 | $68 | $748 | $62 |
| Lancer ES | $160 | $280 | $226 | $14 | $68 | $748 | $62 |
| Lancer GTS | $180 | $324 | $226 | $14 | $68 | $812 | $68 |
| Lancer Sportback GTS | $180 | $324 | $226 | $14 | $68 | $812 | $68 |
| Lancer RALLIART | $198 | $366 | $226 | $14 | $68 | $872 | $73 |
| Lancer Sportback Ralliart | $198 | $366 | $226 | $14 | $68 | $872 | $73 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Table data does not factor in specific location which can influence insurance rates substantially.
Based on the above data, using a $100 deductible will cost you roughly $20 more each month or $240 a year across all Mitsubishi Lancer models than selecting the higher $500 deductible. Due to the fact that you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 20 months between claim filings, you would more than likely save some money by selecting a higher deductible.
The chart below shows how choosing a deductible and can influence Mitsubishi Lancer annual premium costs for each age group. Data assumes a married male driver, full coverage, and no other discounts are factored in.
Impact of careless driving on Cleveland auto insurance rates
The example below highlights how traffic violations and accident claims can raise Mitsubishi Lancer insurance premiums for each age group. The premiums assume a single male driver, full coverage, $500 deductibles, and no additional discounts are factored in.
Full coverage rates vs. liability-only in Cleveland
The chart below shows the difference between Mitsubishi Lancer auto insurance costs with liability coverage only compared to full coverage. The price estimates are based on no claims or violations, $100 deductibles, drivers are single, and no policy discounts are applied.
When to eliminate full coverage
There is no exact rule for excluding physical damage coverage, but there is a broad guideline. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s say your Mitsubishi Lancer claim settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after the deductible is paid. If you are currently paying more than $400 annually to have full coverage, then you might want to think about dropping full coverage.
There are some cases where removing full coverage is not recommended. If you still have a lienholder on your title, you have to carry full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage in place.
Cut your insurance rates with discounts
Insurance can be pricey, but you might be missing out on some discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time you complete a quote, but less common discounts must be asked about before being credited. If you check and find you aren’t receiving every discount you qualify for, you are just wasting money.
- Resident Student – Kids who are enrolled in higher education away from home and do not take a car to college may be able to be covered for less.
- Discount for Passive Restraints – Cars that have air bags and/or automatic seat belt systems could see savings of 20% or more.
- Paperless Signup – A few larger online companies give back up to $50 simply for signing over the internet.
- One Accident Forgiven – This one isn’t a discount, but some insurance companies allow you one accident before raising your premiums as long as you don’t have any claims for a set time period.
- Safety Course Discount – Participating in a defensive driving course may get you a small discount if you qualify.
- 55 and Retired – Mature drivers may qualify for reduced rates.
It’s important to note that most discounts do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like comprehensive or collision. Even though it appears you would end up receiving a 100% discount, it just doesn’t work that way.
The chart below shows the difference between Mitsubishi Lancer insurance costs with and without policy discounts. The rates are based on a male driver, a clean driving record, no claims, Ohio state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, safe-driver, multi-car, claim-free, and marriage discounts applied.
A list of companies and some of the premium reductions they offer are included below.
- Travelers discounts include home ownership, student away at school, multi-car, continuous insurance, IntelliDrive, and payment discounts.
- 21st Century may offer discounts for good student, student driver, theft prevention, automatic seat belts, teen driver, and homeowners.
- State Farm may include discounts for Drive Safe & Save, multiple autos, good driver, safe vehicle, student away at school, and Steer Clear safe driver discount.
- GEICO offers premium reductions for driver training, anti-theft, membership and employees, multi-policy, defensive driver, and seat belt use.
- SAFECO has discounts for multi-car, drive less, bundle discounts, anti-theft, anti-lock brakes, accident prevention training, and safe driver.
- AAA includes discounts for AAA membership discount, anti-theft, multi-policy, good driver, good student, pay-in-full, and multi-car.
Double check with each company or agent the best way to save money. Discounts might not be available to policyholders in Cleveland. If you would like to view companies who offer insurance discounts in Ohio, click here to view.
Local Cleveland auto insurance agents
Some people would rather get professional advice from a licensed agent and there is nothing wrong with that. An additional benefit of getting free rate quotes online is that you can find lower rates but also keep your business local.
To help locate an agent, after submitting this quick form, the coverage information is immediately sent to local insurance agents in Cleveland that can give you free Cleveland car insurance quotes for your car insurance coverage. There is no reason to contact an agency because prices are sent straight to your inbox. You can find better rates and an insurance agent to talk to. If you have a need to get a comparison quote from a particular provider, you just need to navigate to their website and complete a quote there.
Finding the right insurer needs to be determined by more than just a low price. Get answers to these questions too.
- Can they give you a list of client referrals?
- Does the company allow you to choose your own collision repair facility?
- Do the agents have professional certifications like CPCU or CIC?
- Is the agency active in community causes in Cleveland?
- Does the agency have a positive business rating?
- Can glass claims be handled at your home?
- Will the company cover a rental car if your car is getting fixed?
If you want to use an insurance agent, there are two types of agencies and how they differ in how they can insure your vehicles. Agents can be categorized as either independent agents or exclusive agents depending on their employer.
Exclusive Agencies
Exclusive agencies can usually just insure with one company and examples are Allstate, Farmers Insurance or State Farm. These agents are unable to shop your coverage around so they have to upsell other benefits. Exclusive agents are well schooled on sales techniques which helps them compete with independent agents. Consumers often buy insurance from these agents primarily because of the brand legacy and solid financial strength.
Shown below are exclusive insurance agents in Cleveland that can give you rate quotes.
- Jinisha Patel – State Farm Insurance Agent
4342 Ridge Rd – Brooklyn, OH 44144 – (216) 741-6100 – View Map - Robert Jones – State Farm Insurance Agent
12405 Larchmere Blvd – Cleveland, OH 44120 – (216) 229-3276 – View Map - Allstate Insurance: Teresa C. Paez
15105 Puritas Ave – Cleveland, OH 44135 – (216) 362-6526 – View Map
Independent Agencies or Brokers
Agents that choose to be independent are normally appointed by many insurers and that enables them to quote your coverage with lots of companies and potentially find a lower price. If you want to switch companies, an independent agent can move your coverage which makes it simple for you.
If you are comparing car insurance prices, you absolutely need to get several quotes from a couple of independent agencies so that you can do a thorough price comparison. Most also write with different regional companies which could offer lower prices.
Below is a short list of independent insurance agencies in Cleveland willing to provide price quotes.
- Nationwide Insurance: James F Greer Jr
16700 Chagrin Blvd – Cleveland, OH 44120 – (216) 752-7100 – View Map - Cisar Insurance
30405 Solon Rd – Cleveland, OH 44139 – (440) 248-4450 – View Map - Pilat Insurance Agency, Inc.
5925 Ridge Rd – Cleveland, OH 44129 – (440) 888-1150 – View Map
When in doubt talk to an agent
When buying adequate coverage, there really is no single plan that fits everyone. You are unique.
For instance, these questions might help in determining if your insurance needs might need professional guidance.
- What can I do if my company denied a claim?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Why am I required to buy high-risk coverage?
- How high should my medical payments coverage be?
- Are rock-chip repairs free?
- Does my Mitsubishi Lancer qualify for pleasure use?
- Do I need roadside assistance coverage?
- What exactly is covered by my policy?
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.
Auto insurance company ratings
Insuring your vehicle with the highest-rated insurer is difficult considering how many companies there are to choose from in Ohio. The company information listed below may help you pick which auto insurers to look at when comparing rate quotes.
Top 10 Cleveland Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 92%
- Erie Insurance – 88%
- American Family – 88%
- State Farm – 88%
- Nationwide – 88%
- 21st Century – 88%
- AAA Insurance – 87%
- Liberty Mutual – 87%
- Farmers Insurance – 87%
- The Hartford – 87%
Top 10 Cleveland Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
A conclusion for your insurance search
Lower-priced Mitsubishi Lancer insurance in Cleveland is possible both online in addition to local insurance agencies, so you need to quote Cleveland car insurance with both to have the best chance of lowering rates. Some insurance companies may not have online rate quotes and usually these small insurance companies provide coverage only through independent agencies.
Consumers switch companies for a variety of reasons including not issuing a premium refund, high rates after DUI convictions, delays in responding to claim requests and even questionable increases in premium. Regardless of your reason for switching companies, finding a new insurance company can be easy and end up saving you some money.
We just presented a lot of ways to shop for Mitsubishi Lancer insurance online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. Drivers may even discover the best price on insurance is with an unexpected company.
Additional learning opportunities
- What is Full Coverage? (Allstate)
- What Car Insurance is Cheapest for Drivers with Accidents in Cleveland? (FAQ)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Auto Crash Statistics (Insurance Information Institute)