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 for full coverage insurance. Comprehensive insurance costs around $236 a year, collision insurance costs $356, and liability costs around $474. Buying just liability costs as low as $522 a year, and insurance for high-risk drivers costs $2,640 or more. Teen drivers receive the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Rate estimates for individual coverage type:

Price estimates include $500 policy deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can make a big difference on car insurance rates. Areas with sparse population tend to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates how location helps determine auto insurance rates.

These examples illustrate why it is important to compare prices for a specific zip code and their own driving history, instead of making a decision based on price averages.

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

Rates by State, City, and Model

The chart below illustrates average Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $723
• Using higher $1,000 deductibles will save about $1,090 each year
• The average price for a 40-year-old driver using $500 deductibles is $1,224
• Choosing low $100 deductibles for physical damage coverage costs an extra $260 annually
• High-risk insureds with multiple violations and an at-fault accident could pay at least $2,640
• The cost to insure a 16-year-old driver can be $4,736 or more

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

Choosing high deductibles could cut rates by as much as $400 annually, while buying higher liability limits will increase rates. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as low as $1,100 a year for full coverage. Rates are highest for teen drivers, since even excellent drivers will have to pay as much as $4,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying at least $1,400 to $2,000 in extra premium per year, depending on your age. A high-risk auto insurance policy can be from 42% to 128% more than average. View High Risk Driver Rates

Where you live has a huge impact on Mitsubishi Lancer insurance prices. A driver around age 40 might see rates as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,650 on average in Michigan, New York, and Florida.

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 Cheaper Mitsubishi Lancer Insurance

Saving money on insurance for a Mitsubishi Lancer requires being a good driver, having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Invest time comparing rates at least every other year by requesting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following list is a condensed summary of the car insurance concepts covered in the charts and tables above.

• Drivers considered higher risk with multiple at-fault accidents may pay on average $1,420 more every year than a safer driver
• It is possible to save up to $140 per year just by quoting early and online
• Increasing deductibles could save as much as $400 each year
• Insureds who may need an increased level of liability coverage will pay about $520 annually to increase from a minimum limit to a 250/500 level

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.