Mitsubishi Lancer Insurance Rates

It might seem like a difficult task when you begin shopping around for Mitsubishi Lancer Evolution insurance rates. You should know that the average Mitsubishi Evo price range comes to $1,598 a year for full insurance coverage.

There are several individual factors that ultimately make up your rate, such as the specific model you drive. For example, Evo 9 insurance costs are different than Mitsubishi Evo 8 insurance rates because there are differences between the two.

We have prepared this in-depth guide to help you as you begin your search for Mitsubishi Lancer Evolution insurance. By reading through it, you will learn helpful information as it pertains to securing a policy that meets your needs and budget.

Take advantage of our free online quote tool to start comparing Lancer Evo insurance rates now.

Average insurance rates for a Mitsubishi Lancer are $1,224 a year for full coverage insurance. Comprehensive insurance costs on average $236, collision insurance costs $356, and liability insurance is estimated at $474. Buying just liability costs approximately $522 a year, and insurance for high-risk drivers costs $2,640 or more. Teen drivers receive the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Rate estimates by individual coverage type:

Estimates include $500 policy deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and for different Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on insurance rates. Rural areas tend to have a lower frequency of physical damage claims than larger metro areas. The price range example below illustrates the effect of geographic area on car insurance rates.

These examples illustrate why anyone shopping for car insurance should get quotes based on a specific location and risk profile, rather than relying on price averages.

Use the form below to get customized rates for your location.

Rates by State, City, and Model

The chart below illustrates average Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $723
• Choosing higher $1,000 deductibles can save around $134 each year
• The average rate for a 40-year-old driver with $500 deductibles is $1,224
• Choosing more expensive low deductibles for comp and collision coverage will cost an extra $260 a year
• High-risk insureds with multiple violations and an at-fault accident could pay upwards of $2,640
• The cost for full coverage for a teen driver with full coverage may cost $4,736 each year

Auto insurance rates for a Mitsubishi Lancer can also vary considerably based on your driver profile, the model year and trim level, and policy deductibles and limits.

An older driver with a good driving record and high deductibles could pay as little as $1,100 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay upwards of $4,700 a year. View Rates by Age

Where you live plays a big part in determining prices for Mitsubishi Lancer insurance rates. A good driver about age 40 could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,650 on average in Michigan, New York, and Florida.

Choosing high deductibles can save as much as $400 each year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at a minimum $1,400 to $2,000 in extra premium per year, depending on your age. High-risk driver insurance ranges anywhere from 42% to 128% more than average. View High Risk Driver Rates

Insurance Rates by Trim Level and Model Year

Rates assume 2015 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Low Cost Mitsubishi Lancer Insurance

Saving money on Mitsubishi Lancer insurance takes avoiding accidents and claims, having good credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Take the time to compare rates at every policy renewal by getting quotes from direct insurance companies like GEICO and Progressive, and also from local independent and exclusive agents.

The points below are a review of the data covered in the above illustrations.

• Drivers who require increased liability limits will pay about $520 annually to raise limits from a minimum limit to 250/500 limits
• It is possible to save as much as $140 per year just by shopping early and online
• Increasing deductibles can save around $400 each year
• Drivers under the age of 20 are charged the highest rates, costing up to $395 per month if they have full coverage

As you can see from some of the information we’ve gone over to this point, there are several individual factors that influence Mitsubishi Lancer Evolution insurance costs.

If you want to bypass the theoretical part of shopping for insurance, take advantage of our free quote tool below to start comparing quotes from multiple companies right now.

What are the safety ratings of the Mitsubishi Lancer Evolution?

When quoting a driver, insurance companies will look at the safety features and ratings of the model you drive. They do this in order to determine the risk of injury to you as well as the risk of damage to your Mitsubishi Lancer Evolution.

One way you can end up saving money on Mitsubishi Evo 8 insurance is by pointing to the fact that it received positive crash test results.

Take a look at the following safety ratings of the Mitsubishi Lancer Evolution as determined by the Insurance Institute for Highway Safety (IIHS).

• Small overlap front (driver-side): Acceptable
• Small overlap front (passenger-side): N/R
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

As you can see from these results, the Mitsubishi Lancer Evolution received mostly favorable marks in all parts of the vehicle that were tested.

Mitsubishi Lancer Evolution Compared Against Other Vehicles in the Same Class

Classified as a small four-door sedan, the Mitsubishi Lancer Evolution is on the lighter end of the weight spectrum. 

While this may pose some problems because smaller vehicles are widely considered to be more dangerous, your Evo 9 insurance cost can still be affordable if it’s safer than other comparable models.

Take a look at the following small sedans to see how their average insurance rates compare to the Mitsubishi Lancer Evolution.

• Chevrolet Cruze
• Nissan Juke
• Toyota Corolla

To this point, we have gone into excessive detail about Mitsubishi Lancer Evo insurance. Do you believe there are any details we might have missed or any topics you want to know more about? If not, be sure to use our free online tool to start comparing Mitsubishi Lancer Evolution insurance quotes from multiple companies today.