Mitsubishi Outlander Insurance Rates

When the time comes to start comparing Mitsubishi Outlander insurance rates, you may not know where to begin. The first thing you should know is that the average Mitsubishi Outlander insurance cost comes to $1,336 a year, which boils down to about $111 per month.

This comprehensive guide will walk you through exactly how insurance rates for the Mitsubishi Outlander are calculated so you can have a firm understanding of what to expect before you start shopping around, whether you’re looking for comprehensive or liability coverage.

When you’re ready, you can start comparing Mitsubishi Outlander insurance quotes from multiple companies by taking advantage of our free online tool.

Average insurance rates for a Mitsubishi Outlander are $1,090 a year for full coverage insurance. Comprehensive costs an estimated $214 each year, collision costs $350, and liability costs around $390. A policy with just liability insurance costs as low as $438 a year, with coverage for high-risk drivers costing around $2,352. 16-year-old drivers receive the highest rates at $4,172 a year or more.

Average premium for full coverage: $1,090

Rate estimates broken down by individual coverage type:

Prices include $500 policy deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all 50 states and Outlander models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than congested cities.

The graphic below illustrates how geographic area affects insurance prices.

These examples illustrate why all drivers should compare prices for a targeted area, instead of using rate averages.

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

More Rate Details

The chart below illustrates estimated Mitsubishi Outlander insurance rates for other coverage scenarios.

• The best full coverage rate is $639
• Using higher $1,000 deductibles will save approximately $130 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,090
• Buying low deductibles for physical damage coverage bumps up the cost to $1,336
• Drivers with multiple tickets or accidents could pay up to $2,352 or more
• The cost that insures a teen driver can cost as much as $4,172 or more

View Chart as Image

Insurance rates for a Mitsubishi Outlander can also vary considerably based on the trim level and model year, your age and driving record, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are probably paying $1,300 to $1,800 additional per year, depending on your age. Insurance for high-risk drivers can be as much as 43% to 133% more than the average rate. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,000 a year for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records should be prepared to pay at least $4,100 a year. View Rates by Age

Where you live has a huge impact on Mitsubishi Outlander insurance prices. A driver around age 40 might see rates as low as $710 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,470 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $380 every year, whereas increasing liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $351 more each year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out which company is cheapest is to do a rate comparison and see which company has the best rate. Each insurance company utilizes a different rate formula, and rates can be significantly different.

Insurance Rates by Trim Level and Model Year

Rates assume 2017 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 Right Mitsubishi Outlander Insurance

Saving money on car insurance requires being a good driver, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Comparison shop every couple of years by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following list is a quick rundown of the material that was presented in the illustrations above.

• Policyholders who want an increased level of liability coverage will pay around $430 annually to increase from a minimum limit to the 250/500 level
• Drivers age 16 to 20 are expensive to insure, costing up to $348 per month if comprehensive and collision insurance is included
• Higher risk drivers with reckless driving or DUI convictions may have to pay on average $1,260 more annually than a safer driver
• Increasing deductibles can save approximately $375 each year

Now that you have a better understanding of how Mitsubishi Outlander insurance rates are determined, the next step is to compare quotes from different companies. You can find affordable Mitsubishi Outlander insurance quotes by using our free online tool below.

What are the safety ratings of the Mitsubishi Outlander?

The safety ratings of the Mitsubishi Outlander are important to know because positive scores translate to lower insurance rates.

Take a look at the Mitsubishi Outlander safety ratings as determined by the Insurance Insitute for Highway Safety.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

These scores indicate that the Mitsubishi Outlander received the highest mark possible in every single category, which is something insurance companies see as a good sign.

Mitsubishi Outlander Compared Against Other Vehicles in the Same Class

Experts from the IIHS classify the Mitsubishi Outlander as a small SUV, which is often referred to as a crossover. Other similar models include the following:

• Chevrolet Equinox
• Ford EcoSport
• Nissan Rogue

When providing you with a quote, insurance companies will consider the loss percentages of the Mitsubishi Outlander as it compares to other similar models in this class, like the three shown above.

The good news is that the Mitsubishi Outlander reflects a bodily injury loss percentage of 28 percent and a property damage liability loss percentage of 6 percent. The bodily injury is a little higher than average but the property damage figure is on par with most other crossovers.

Now that we have gone into great detail about how Mitsubishi Outlander insurance rates are calculated, you can feel confident about your Mitsubishi Outlander insurance quotes.  Ready to buy Mitsubishi Outlander insurance? Start comparing Mitsubishi Outlander quotes from top companies by taking advantage of our free online tool.