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 $1,246 every 12 months with full coverage. Comprehensive costs around $242 a year, collision insurance costs $382, and liability insurance is $464. Liability-only coverage costs around $514 a year, and high-risk coverage costs around $2,692. Teenage drivers receive the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Rate estimates for individual coverage type:

Includes $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all U.S. states and Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a significant impact on insurance rates. Areas with sparse population tend to have more infrequent collision claims than densely populated cities. The diagram below illustrates how your location can change auto insurance rates.

These examples demonstrate why it is important to compare rates quotes for a specific zip code and their own driving history, rather than relying on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $732
• Raising to $1,000 deductibles will save about $1,104 annually
• The average price for a 40-year-old driver using $500 deductibles is $1,246
• Using low $100 deductibles increases the price to $1,518
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,692
• The cost to insure a teen driver can be $4,802

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

Using high physical damage deductibles can reduce rates by up to $420 each year, while buying higher liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $417 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles could pay as little as $1,200 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers will be charged as much as $4,800 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out at least $1,500 to $2,100 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 44% to 134% more than a normal policy. View High Risk Driver Rates

Where you live also has a big influence on Mitsubishi Lancer insurance rates. A middle-age driver might find rates as low as $900 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,680 on average in Florida, Michigan, and New York.

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 the Cheapest Mitsubishi Lancer Insurance

Saving money on Mitsubishi Lancer insurance consists of having a decent driving record, maintaining a good credit score, eliminating unnecessary coverage, and consideration of higher deductibles. Invest the time to shop around every couple of years by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following items are a recap of the material that was illustrated above.

• Drivers who may need additional liability coverage will pay an extra $510 every year to raise from a minimum limit to a 250/500 level
• 16 to 18-year-old drivers are the costliest to insure, with premiums as much as $400 per month if the policy includes full coverage
• High-risk drivers that have major violations or accidents pay on average $1,450 more every year than a driver with a clean driving record
• Increasing deductibles could save as much as $425 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.