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.

Estimated insurance prices for a Mitsubishi Lancer are $1,224 every 12 months with full coverage. Comprehensive costs an estimated $236 a year, collision insurance costs $356, and liability coverage costs around $474. Liability-only coverage costs as low as $522 a year, and high-risk coverage costs around $2,640. Teenage drivers pay the most at up to $4,736 a year.

Average premium for full coverage: $1,224

Premium estimates broken down by type of coverage:

Prices are based on $500 deductibles, split liability limits of 30/60, and includes medical and UM/UIM coverage. Rates include averaging for all U.S. states and Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. More rural locations are statistically proven to have more infrequent collision claims than densely populated cities. The diagram below illustrates how your location can change insurance prices.

These rate differences demonstrate why it is important to compare prices for a targeted area and their own driving history, rather than using average rates.

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

More Rate Details

The chart below details average Mitsubishi Lancer insurance rates for other coverage scenarios.

• The best discount rate is $723
• Using higher $1,000 deductibles will save approximately $1,090 annually
• The average price for a 40-year-old good driver who has $500 deductibles is $1,224
• Using low $100 deductibles for physical damage coverage increases the price to $1,484
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,640
• An auto insurance policy to insure a teenage driver can cost as much as $4,736 or more

Insurance prices for a Mitsubishi Lancer also have a wide range based on physical damage deductibles and liability limits, your driving record, and the model year and trim level.

Using high physical damage deductibles could cut prices by as much as $400 a year, while buying higher liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $426 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay at least $4,700 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you may be forking out $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy can be around 42% to 128% more than a normal policy. View High Risk Driver Rates

Where you choose to live has a huge impact on Mitsubishi Lancer insurance rates. A driver around age 40 might see prices as low as $880 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,650 on average in New York, Michigan, and Florida.

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 Shop for Affordable Mitsubishi Lancer Insurance

Finding better rates on auto insurance requires not taking risks behind the wheel, having good credit, being claim-free, and deciding if full coverage is necessary. Invest the time to shop around at least once a year by quoting rates from direct companies, and also from your local independent and exclusive agents.

The following is a brief review of the primary concepts that were illustrated above.

• You may be able to save approximately $140 per year just by quoting early and online
• Drivers with DUI or reckless driving convictions may pay on average $1,420 more annually for Lancer insurance
• Increasing policy deductibles could save as much as $400 each year
• Teens are charged the highest prices, possibly costing $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.