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 insurance rates for a Mitsubishi Lancer are $1,246 a year including full coverage. Comprehensive costs an estimated $242 a year, collision costs $382, and liability coverage costs around $464. A policy with just liability insurance costs as low as $514 a year, with coverage for high-risk drivers costing around $2,692. 16-year-old drivers pay the highest rates at $4,802 a year or more.

Average premium for full coverage: $1,246

Price estimates broken down by individual coverage:

Rate estimates include $500 physical damage insurance deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on the price of auto insurance. More rural locations have a lower frequency of comprehensive and collision claims than congested cities.

The diagram below illustrates how location helps determine insurance prices.

The ranges above highlight why it is important to compare prices for a targeted area and risk profile, rather than using rate averages.

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

Additional Charts and Tables

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

• The best full coverage rate is $732
• Using higher $1,000 deductibles will save approximately $1,104 every year
• The average rate for the average middle-age driver who has $500 deductibles is $1,246
• Buying low $100 deductibles for physical damage coverage will increase the cost to $1,518
• Higher-risk drivers with multiple tickets or accidents could pay up to $2,692 or more
• The price for full coverage for a teenage driver can cost as much as $4,802 or more

Insurance prices for a Mitsubishi Lancer are also quite variable based on your driving record, the model of your Lancer, and liability limits and deductibles.

Older drivers with a clean driving record and high deductibles may only pay around $1,200 a year for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay at least $4,800 a year. View Rates by Age

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 $960 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,780 on average in Louisiana, New York, and Michigan.

Opting for high physical damage deductibles could cut prices by as much as $420 a year, while buying higher liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $417 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying $1,500 to $2,100 extra each year, depending on your age. A high-risk auto insurance policy can be around 44% to 134% more than the average rate. View High Risk Driver Rates

Since prices can be so different, the best way to figure out which car insurance is cheapest is to get quotes and see how they stack up. Each insurance company utilizes a different rate formula, so the prices may be quite different from one company to the next.

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 Mitsubishi Lancer Insurance

Getting lower rates on auto insurance requires being a low-risk driver, maintaining good credit, being claim-free, and taking advantage of discounts. Invest time comparing rates at every policy renewal by quoting rates from direct car insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The items below are a brief recap of the data covered in the charts and tables above.

• Consumers who want more liability coverage will pay around $510 per year to increase from a low limit to 250/500 limits
• You may be able to save approximately $150 per year simply by quoting early and online
• Increasing physical damage deductibles can save around $425 each year
• Teen drivers are charged the highest prices, possibly costing $400 a month for full coverage

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.