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 $1,246 a year with full coverage. Comprehensive insurance costs approximately $242 a year, collision insurance costs $382, and liability coverage is estimated at $464. Buying just liability costs approximately $514 a year, and insurance for high-risk drivers costs $2,692 or more. Teen drivers pay the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Price estimates by individual coverage:

Rate estimates include $500 deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all U.S. states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. Rural locations have lower incidents of collision claims than larger metro areas. The diagram below illustrates how geographic area affects auto insurance prices.

The ranges above demonstrate why it is important to get quotes using their specific location, rather than using price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $732
• Choosing higher $1,000 deductibles can save $1,104 annually
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,246
• Choosing low $100 deductibles for comp and collision coverage will cost an additional $272 each year
• Drivers with multiple violations and an at-fault accident could pay around $2,692
• The price that insures a teenage driver can cost $4,802 each year

Insurance prices for a Mitsubishi Lancer are also quite variable based on the trim level of your Lancer, your age and driving habits, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you may be forking out anywhere from $1,500 to $2,100 additional each year, depending on your age. A high-risk auto insurance policy ranges around 44% to 134% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,200 annually on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,800 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mitsubishi Lancer insurance rates. A good driver about age 40 could pay as low as $900 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,680 on average in New York, Michigan, and Florida.

Choosing high deductibles can save as much as $420 a year, while buying higher liability limits will push prices upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $417 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 Best Mitsubishi Lancer Insurance

Getting lower rates on auto insurance takes not taking risks behind the wheel, having a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Shop around every year by getting quotes from direct companies, and also from local insurance agencies.

The following is a brief recap of the coverage data presented in the illustrations above.

• You may be able to save around $150 per year just by quoting early and online
• Increasing physical damage deductibles can save approximately $425 each year
• Teens are the costliest to insure, costing up to $400 a month if comprehensive and collision insurance is included
• Drivers who tend to receive serious violations may have to pay on average $1,450 more per 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.