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 rates for a Mitsubishi Lancer are $1,246 a year for full coverage. Comprehensive insurance costs approximately $242 each year, collision insurance costs $382, and liability costs $464. A policy with just liability insurance costs as little as $514 a year, and coverage for high-risk drivers costs $2,692 or more. Teen drivers receive the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Rate estimates by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all states and Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance rates. Rural locations tend to have a lower frequency of accident claims than larger metro areas. The graphic below illustrates how geographic area affects auto insurance prices.

These examples show why all drivers should compare rates using their specific location and risk profile, instead of using price averages.

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

More Rate Details

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

• The lowest rate with discounts is $732
• Drivers who choose higher $1,000 deductibles will pay $142 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,246
• Choosing low deductibles for comprehensive and collision insurance will cost an extra $272 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,692
• The cost for full coverage for a teen driver can cost $4,802 a year

Insurance rates for a Mitsubishi Lancer can also vary considerably based on your driver profile, the trim level of your Lancer, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high deductibles may pay as little as $1,200 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay in the ballpark of $4,800 a year. View Rates by Age

Where you live makes a big difference in Mitsubishi Lancer insurance prices. A 40-year-old driver could pay as low as $820 a year in states like Iowa, Maine, and Idaho, or as much as $1,780 on average in New York, Louisiana, and Michigan.

Choosing high deductibles could save up to $420 every year, whereas increasing liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $417 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,500 to $2,100 additional per year, depending on your age. Insurance for high-risk drivers can cost as much as 44% to 134% more than average. View High Risk Driver Rates

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 Cheap Mitsubishi Lancer Insurance

Saving money on car insurance not only requires having a decent driving record, but also having a good credit history, eliminating unneeded coverage, and consideration of higher deductibles. Invest the time to compare rates every couple of years by obtaining price quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The following items are a brief summary of the material that was presented in the illustrations above.

• Policyholders who purchase additional liability coverage will pay about $510 each year to go from a minimum limit to 250/500 limits
• 16 to 18-year-old drivers are the costliest to insure, costing as high as $400 per month including comprehensive and collision insurance
• Higher risk drivers that tend to have accidents or serious violations may pay on average $1,450 more per year than a driver with a clean driving record
• Increasing deductibles can save around $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.