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 $1,246 every 12 months for full coverage. Comprehensive costs on average $242, collision costs $382, and liability costs $464. Liability-only insurance costs as little as $514 a year, with high-risk driver insurance costing around $2,692. Teenage drivers pay the most at $4,802 a year or more.

Average premium for full coverage: $1,246

Premium estimates by type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all states and for different Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than densely populated cities.

The price range example below illustrates how rural and urban location affects car insurance rates.

These rate differences show why anyone shopping for car insurance should compare rates based on a specific location and their own driving history, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below shows estimated Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The best discount rate is $732
• Drivers who choose higher $1,000 deductibles will pay around $142 a year
• The average price for a 40-year-old good driver with $500 deductibles is $1,246
• Using more expensive low deductibles for comprehensive and collision insurance increases the price to $1,518
• Drivers who are prone to accidents and violations could pay upwards of $2,692 or more
• An auto insurance policy to insure a 16-year-old driver with full coverage may cost $4,802 a year

Insurance prices for a Mitsubishi Lancer also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the trim level of your Lancer.

Using high physical damage deductibles could save up to $420 annually, while increasing your policy's liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost up to $417 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay upwards of $4,800 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,500 to $2,100 additional annually, depending on your age. High-risk driver insurance can cost from 44% to 134% more than a normal policy. View High Risk Driver Rates

Where you choose to live 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 Idaho, Maine, and Iowa, or be forced to pay as much as $1,780 on average in Michigan, Louisiana, and New York.

With such a large range in prices, the only way to know exactly what you will pay is to compare prices from multiple companies. Every company uses a different method to calculate prices, and prices will be substantially 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 Mitsubishi Lancer Insurance

Finding better rates on insurance for a Mitsubishi Lancer not only requires having a decent driving record, but also having above-average credit, not filing small claims, and insuring your home and auto with the same company. Set aside time to shop around at every other renewal by requesting rates from direct carriers, and also from local independent and exclusive agents.

The following items are a brief recap of the concepts that were raised in the charts and tables above.

• Drivers considered higher risk who tend to receive serious violations pay an average of $1,450 more each year than a driver with a clean driving record
• 16 to 18-year-old drivers pay higher prices, as much as $400 per month if full coverage is included
• Drivers can save as much as $150 per year simply by shopping early and online
• Increasing policy deductibles could save as much as $425 each year
• Drivers can save as much as $150 per year simply by shopping early and online

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.