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 insurance rates for a Mitsubishi Lancer are $1,224 a year for full coverage insurance. Comprehensive insurance costs approximately $236, collision insurance costs $356, and liability is $474. Liability-only insurance costs around $522 a year, and high-risk driver insurance costs $2,640 or more. Teenage drivers pay the most at up to $4,736 a year.

Average premium for full coverage: $1,224

Premium estimates by type of coverage:

Includes $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Rates include averaging for all 50 states and for all Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than densely populated cities. The example below illustrates the effect of geographic area on auto insurance prices.

These rate differences illustrate why everyone should compare rates quotes using their specific location, instead of using average rates.

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

More Rate Details

The chart below illustrates average Mitsubishi Lancer insurance rates for additional coverage and risk scenarios.

• The best discount rate is $723
• Raising to $1,000 deductibles will save $134 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,224
• Using pricier low deductibles will cost an additional $260 every year
• At-risk drivers who are prone to accidents and violations could pay around $2,640
• An auto insurance policy that insures a teen driver for full coverage can cost $4,736

Insurance prices for a Mitsubishi Lancer also have a wide range based on the model of your Lancer, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,400 to $2,000 additional annually, depending on your age. Mitsubishi Lancer insurance for high-risk drivers is expensive and can cost as much as 42% to 128% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,700 a year. View Rates by Age

Where you choose to live also has a big influence on Mitsubishi Lancer insurance prices. A middle-age driver might find prices as low as $800 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,650 on average in Florida, New York, and Michigan.

Using high physical damage deductibles can reduce prices by up to $400 every year, whereas buying more liability protection will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

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 Cheapest Mitsubishi Lancer Insurance

Finding better rates on car insurance consists of being a good driver, having a good credit score, paying for small claims out-of-pocket, and consideration of higher deductibles. Compare prices at every other renewal by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The following list is a recap of the concepts that were covered in the above illustrations.

• Higher risk drivers that have major violations or accidents could be charged and average of $1,420 more per year than a safer driver
• Drivers age 16 to 20 are the costliest to insure, with premiums being up to $395 per month if comprehensive and collision insurance is included
• It is possible to save around $140 per year just by quoting online well ahead of the renewal date
• Increasing policy deductibles can save approximately $400 each year
• It is possible to save around $140 per year just by quoting online well ahead of the renewal date

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.