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.

Estimated auto insurance rates for a Mitsubishi Lancer are $1,224 annually for full coverage. Comprehensive costs on average $236, collision costs $356, and liability coverage costs around $474. A liability-only policy costs as low as $522 a year, with high-risk insurance costing around $2,640. Teenage drivers pay the most at $4,736 a year or more.

Average premium for full coverage: $1,224

Premium estimates by type of coverage:

Rates are based on $500 deductible amounts, liability limits of 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all states and for all Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. Rural areas are statistically proven to have fewer accident claims than densely populated cities.

The example below illustrates the difference location can make on car insurance rates.

These rate differences show why everyone should compare prices based on a specific location and their own personal driving habits, rather than using average rates.

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

Additional Rate Information

The chart below shows estimated Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The best discount rate is $723
• Using higher $1,000 deductibles will save around $134 a year
• The estimated rate for a 40-year-old good driver with $500 deductibles is $1,224
• Using pricier low deductibles for physical damage coverage will cost $1,484
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,640 or more
• An auto insurance policy with full coverage for a teenage driver for full coverage may cost $4,736 or more

Auto insurance prices for a Mitsubishi Lancer also have a wide range based on the model of your Lancer, your driver profile, and policy deductibles and limits.

A more mature driver with a good driving record and high physical damage deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they will have to pay upwards of $4,700 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying at a minimum $1,400 to $2,000 in extra premium annually, depending on your age. Mitsubishi Lancer insurance for high-risk drivers can be around 42% to 128% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut prices by as much as $400 a year, whereas buying more liability protection will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

Where you choose to live has a huge impact on Mitsubishi Lancer insurance rates. A driver around age 40 might see prices as low as $810 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,750 on average in Michigan, Louisiana, and New York.

With such a large range in prices, the only way to know exactly what you will pay is to regularly compare prices and see how they stack up. Each insurance company uses a different method to calculate prices, and quoted prices will be substantially 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 the Best Cheap Mitsubishi Lancer Insurance

Finding better rates on auto insurance requires having a good driving record, having above-average credit, not filing small claims, and taking advantage of discounts. Make time to compare rates once a year by obtaining price quotes from direct carriers, and also from local insurance agents.

The next list is a quick review of the data that was touched on in this article.

• Drivers can save as much as $140 per year simply by quoting online well ahead of the renewal date
• Consumers who require increased levels of liability coverage will pay an extra $520 each year to increase from 30/60 bodily injury limits to higher 250/500 limits
• Drivers age 20 and younger are charged the highest prices, as much as $395 per month if full coverage is included
• Drivers with a DUI or reckless driving violation may be required to pay an average of $1,420 more each year to buy Mitsubishi Lancer insurance

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.