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 rates for a Mitsubishi Lancer are $1,224 a year including full coverage. Comprehensive costs on average $236, collision insurance costs $356, and liability costs $474. A liability-only policy costs as little as $522 a year, and high-risk insurance 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 by type of coverage:

Rates are based on $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all 50 U.S. 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 lower incidents of comprehensive and collision claims than densely populated cities. The price range example below illustrates how where you live affects car insurance rates.

These rate differences highlight why anyone shopping for car insurance should compare rates based on a specific location, 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 breaks down average Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The best discount rate is $723
• Drivers who choose higher $1,000 deductibles will pay around $134 every year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,224
• Using more expensive low deductibles for comprehensive and collision insurance bumps up the cost to $1,484
• Drivers who are prone to accidents and violations could pay upwards of $2,640
• An auto insurance policy that insures a 16-year-old driver with full coverage may cost $4,736 a year

Auto insurance prices for a Mitsubishi Lancer also have a wide range based on the model year and trim level, your driving record and age, and policy deductibles and limits.

If you have a few violations or you caused an accident, you are likely paying at a minimum $1,400 to $2,000 in extra premium annually, depending on your age. High-risk driver insurance can cost from 42% to 128% more than a normal policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay upwards of $4,700 a year. View Rates by Age

Where you choose to live makes a big difference in Mitsubishi Lancer insurance prices. A 40-year-old driver could pay as low as $940 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,750 on average in Michigan, New York, and Louisiana.

Using high physical damage deductibles could save up to $400 annually, while increasing your policy's liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

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 Find the Best Cheap Mitsubishi Lancer Insurance

Finding better rates on insurance for a Mitsubishi Lancer not only requires being a good driver, but also maintaining a good credit score, refrain from filing small claims, and deciding if full coverage is necessary. Compare prices at every other renewal by getting quotes from direct car insurance companies, and also from insurance agencies where you live.

The following list is a quick review of the concepts that were touched on in the above illustrations.

• Drivers considered higher risk with a DUI or reckless driving violation could be forced to pay on average $1,420 more each year than a safer driver
• Drivers age 16 to 20 are charged the highest prices, with the cost nearing $395 per month if the policy includes full coverage
• You may be able to save as much as $140 per year just by shopping early and online
• Increasing policy deductibles can save approximately $400 each year
• You may be able to save as much as $140 per year just 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.