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 prices for a Mitsubishi Lancer are $1,224 every 12 months including full coverage. Comprehensive costs an estimated $236, collision insurance costs $356, and liability coverage costs around $474. A policy with just liability insurance costs as low as $522 a year, and coverage for high-risk drivers costs around $2,640. Teen drivers receive the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Rate estimates broken down by individual coverage type:

Full coverage includes $500 deductible amounts, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and for all Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on the price of auto insurance. More rural locations tend to have more infrequent comprehensive and collision claims than larger metro areas. The example below illustrates how location helps determine insurance prices.

These examples highlight why everyone should compare prices for a targeted area and their own driving history, rather than using price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $723
• Using higher $1,000 deductibles will save approximately $134 every year
• The average price for a 40-year-old driver who has $500 deductibles is $1,224
• Choosing pricier low deductibles for physical damage coverage increases the price to $1,484
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,640
• The cost to insure a teenage driver for full coverage can cost as much as $4,736 or more

Insurance rates for a Mitsubishi Lancer can also vary considerably based on policy deductibles and limits, your driving characteristics, and the model year and trim level.

Choosing high deductibles could cut rates by as much as $400 a year, whereas buying more liability protection will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $426 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may only pay around $1,100 a year for full coverage. Rates are highest for teen drivers, since even excellent drivers should be prepared to pay at least $4,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying $1,400 to $2,000 additional per year, depending on your age. Mitsubishi Lancer insurance for high-risk drivers can be around 42% to 128% more than average. View High Risk Driver Rates

Where you live has a huge impact on Mitsubishi Lancer insurance rates. A driver around age 40 might see rates as low as $940 a year in states like Vermont, New Hampshire, and Missouri, or as much as $1,750 on average in Louisiana, 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 More Affordable Mitsubishi Lancer Insurance

Saving money on auto insurance requires having a good driving record, having above-average credit, not filing small claims, and possibly raising deductibles. Invest time comparing rates once a year by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local insurance agencies.

The next list is a summary of the data that was covered in the charts and tables above.

• You may be able to save approximately $140 per year just by quoting online well ahead of the renewal date
• Consumers who want increased levels of liability coverage will pay about $520 per year to increase from a minimum limit to a 250/500 level
• Drivers age 20 and younger are expensive to insure, as much as $395 per month if full coverage is included
• Drivers who have multiple accidents or major violations may have to pay on average $1,420 more annually to buy Mitsubishi Lancer insurance

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.