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.

The average insurance prices for a Mitsubishi Lancer are $1,246 every 12 months for full coverage insurance. Comprehensive costs an estimated $242, collision insurance costs $382, and liability costs $464. Liability-only insurance costs as little as $514 a year, and high-risk driver insurance costs around $2,692. Teens cost the most to insure at up to $4,802 a year.

Average premium for full coverage: $1,246

Policy rates broken down by type of insurance:

Includes $500 physical damage insurance deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and for different Lancer trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion. The price range example below illustrates the difference between rural and urban areas on insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates for a targeted area and their own driving history, instead of making a decision based on averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $732
• Drivers who choose higher $1,000 deductibles will pay approximately $142 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,246
• Selecting more expensive low deductibles for comprehensive and collision insurance increases the price to $1,518
• Drivers with serious driving violations could pay up to $2,692
• Policy cost to insure a 16-year-old driver with full coverage can cost as much as $4,802 a year

Auto insurance rates for a Mitsubishi Lancer also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles could save up to $420 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $417 extra every year. View Rates by Deductible or Liability Limit

An older driver with a good driving record and higher deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay at least $4,800 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,500 to $2,100 in extra premium every year, depending on your age. High-risk driver insurance can cost from 44% to 134% more than the average policy. View High Risk Driver Rates

Your home state makes a big difference in Mitsubishi Lancer insurance prices. A 40-year-old driver could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,680 on average in Florida, New York, and Michigan.

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 Cheapest Mitsubishi Lancer Insurance

Finding cheaper rates on insurance for a Mitsubishi Lancer not only requires being a low-risk driver, but also having a good credit score, being claim-free, and consideration of higher deductibles. Set aside time to compare rates every couple of years by requesting quotes from direct insurance companies, and also from insurance agencies where you live.

The items below are a recap of the material that was covered above.

• Insureds who want more liability coverage will pay approximately $510 annually to go from a 30/60 limit to a 250/500 level
• Teen drivers are the costliest to insure, possibly costing $400 each month if comprehensive and collision insurance is included
• Drivers considered higher risk that have major violations or accidents could be forced to pay on average $1,450 more annually to insure their Lancer
• Increasing comprehensive and collision deductibles could save as much as $425 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.