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 auto insurance rates for a Mitsubishi Lancer are $1,224 annually with full coverage. Comprehensive insurance costs approximately $236 each year, collision costs $356, and liability insurance costs around $474. Liability-only insurance costs as low as $522 a year, with high-risk driver insurance costing $2,640 or more. 16-year-old drivers pay the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Price estimates by individual coverage:

Estimates include $500 deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and Lancer models.

Price Range from Low to High

Geographic Price Range

Where you live has a significant impact on the price of insurance. Rural locations have fewer collision claims than congested cities.

The graphic below illustrates how geographic area affects auto insurance prices.

The ranges above demonstrate why all drivers should compare prices using their specific location and their own personal driving habits, rather than relying on rate averages.

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

Additional Charts and Tables

The chart below details estimated Mitsubishi Lancer insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $723
• Using higher $1,000 deductibles will save $134 annually
• The estimated rate for the average middle-age driver who chooses $500 deductibles is $1,224
• Buying low deductibles for physical damage coverage costs an additional $260 a year
• Drivers with multiple tickets or accidents could pay around $2,640 or more
• The price with full coverage for a teen driver can cost $4,736 or more

Car insurance prices for a Mitsubishi Lancer are also quite variable based on the trim level and model year, your driving record, and physical damage deductibles and liability limits.

More mature drivers with no driving violations and high physical damage deductibles could pay as little as $1,100 a year for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will be charged in the ballpark of $4,700 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you may be forking out anywhere from $1,400 to $2,000 extra each year, depending on your age. Insurance for high-risk drivers can be anywhere from 42% to 128% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles could cut prices by as much as $400 each year, whereas increasing liability limits will push prices upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Mitsubishi Lancer insurance rates. A driver around age 40 might see prices as low as $880 a year in states like Utah, Ohio, and New Hampshire, or at least $1,650 on average in New York, Michigan, and Florida.

Since prices can be so different, the best way to find out who has the cheapest auto insurance prices is to do a rate comparison from as many companies as possible. Each insurance company utilizes a different rate formula, so rate quotes may be quite different between companies.

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 Buy Low Cost Mitsubishi Lancer Insurance

Getting lower rates on Mitsubishi Lancer insurance requires not taking risks behind the wheel, having a good credit score, avoid buying unnecessary coverage, and avoiding coverage lapses. Invest the time to compare rates every couple of years by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following is a review of the material that was presented in the illustrations above.

• Drivers who purchase higher liability limits will pay around $520 every year to increase from a low limit to higher 250/500 limits
• Teens pay the highest auto insurance prices, costing up to $395 a month if comprehensive and collision insurance is included
• High-risk drivers who have several accidents or serious violations may pay on average $1,420 more per year for Lancer insurance
• Increasing physical damage deductibles could save up to $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.