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.

U.S. average insurance rates for a Mitsubishi Lancer are $1,224 a year for full coverage. Comprehensive insurance costs on average $236 a year, collision insurance costs $356, and liability costs around $474. A policy with just liability insurance costs as low as $522 a year, and coverage for high-risk drivers costs $2,640 or more. 16-year-old drivers pay the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Price estimates by individual coverage:

These estimates include $500 deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on car insurance rates. Rural areas have a lower frequency of accident claims than congested cities. The diagram below illustrates how location helps determine car insurance rates.

The ranges above show why it is important to compare prices based on a specific location and risk profile, instead of making a decision based on rate averages.

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

Additional Rate Information

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

• The best full coverage rate is $723
• Using higher $1,000 deductibles will save around $1,090 a year
• The average rate for the average middle-age driver with $500 deductibles is $1,224
• Buying low $100 deductibles for physical damage coverage will cost an extra $260 annually
• High-risk insureds with multiple tickets or accidents could pay upwards of $2,640
• The price for full coverage for a 16-year-old driver may cost $4,736 or more

Insurance prices for a Mitsubishi Lancer are also quite variable based on your driving record, the trim level of your Lancer, and policy deductibles and limits.

Older drivers with a clean driving record and high deductibles may pay as low as $1,100 a year for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay upwards of $4,700 a year. View Rates by Age

The state you live in has a huge impact on Mitsubishi Lancer insurance prices. A driver around age 40 might see prices as low as $810 a year in states like Idaho, Maine, and Iowa, or at least $1,750 on average in Michigan, Louisiana, and New York.

Opting for high physical damage deductibles could cut prices by as much as $400 annually, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying at a minimum $1,400 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy can be from 42% to 128% more than the average rate. 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

Getting lower rates on insurance for a Mitsubishi Lancer requires not taking risks behind the wheel, maintaining good credit, eliminating unnecessary coverage, and determing if full coverage is necessary. Invest time comparing rates once a year by getting price quotes from direct carriers like Progressive and GEICO, and also from your local insurance agents.

The following is a brief summary of the data that was covered in the charts and tables above.

• Drivers can save as much as $140 per year just by quoting early and online
• Insureds who require higher liability limits will pay around $520 each year to increase from a low limit to 250/500 limits
• Teens pay the highest prices, with premiums as much as $395 a month for full coverage
• Drivers considered higher risk that tend to have accidents or serious violations will pay on average $1,420 more each year for 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.