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.

U.S. average insurance prices for a Mitsubishi Lancer are $1,224 every 12 months for full coverage. Comprehensive insurance costs around $236 each year, collision costs $356, and liability coverage is $474. Liability-only coverage costs around $522 a year, with high-risk coverage costing $2,640 or more. Teen drivers pay the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Price estimates for individual coverage:

Rates are based on $500 policy deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Estimates are averaged for all states and Lancer models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a large influence on auto insurance rates. Areas with sparse population have more infrequent accident claims than larger metro areas.

The graphic below illustrates the difference location can make on auto insurance rates.

The ranges above show why all drivers should compare rates quotes for a specific zip code and their own driving history, rather than using price averages.

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

Rates by State, City, and Model

The chart below shows estimated Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $723
• Raising to $1,000 deductibles will save about $134 a year
• The average price for the average middle-age driver using $500 deductibles is $1,224
• Choosing low deductibles costs an extra $260 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay at least $2,640 or more
• The price to insure a teenage driver can be $4,736

Auto insurance prices for a Mitsubishi Lancer are also quite variable based on deductibles and policy limits, your driver profile, and the trim level and model year.

Choosing high deductibles can reduce prices by up to $400 a year, whereas increasing liability limits will increase prices. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $426 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles may only pay around $1,100 every 12 months on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers will have to pay as much as $4,700 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at least $1,400 to $2,000 in extra premium each year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 42% to 128% more than average. View High Risk Driver Rates

The state you live in also has a big influence on Mitsubishi Lancer insurance rates. A middle-age driver might find prices as low as $810 a year in states like Idaho, Maine, and Iowa, or as much as $1,750 on average in Michigan, Louisiana, and New York.

Since prices can be so different, the only way to know your exact price is to do a rate comparison and see how they stack up. Every auto insurance company uses a different rate calculation, and quoted prices may be quite different.

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 the Best Cheap Mitsubishi Lancer Insurance

Getting lower rates on auto insurance consists of being a good driver, having a good credit score, eliminating unnecessary coverage, and maximizing policy discounts. Make time to compare rates every couple of years by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following list is a quick review of the material that was touched on in this article.

• Consumers who may need an increased level of liability coverage will pay about $520 each year to raise from a low limit to a 250/500 level
• Drivers age 16 to 20 are expensive to insure, with premiums as much as $395 a month if comprehensive and collision insurance is included
• Drivers with a DUI or reckless driving violation may pay on average $1,420 more every year than a safer driver
• Increasing physical damage deductibles could save as much as $400 each year

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.