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 including full coverage. Comprehensive costs around $236, collision insurance costs $356, and liability insurance costs around $474. A liability-only policy costs as low as $522 a year, and high-risk insurance costs around $2,640. Teen drivers pay the most at up to $4,736 a year.

Average premium for full coverage: $1,224

Premium estimates for type of coverage:

Full coverage includes $500 physical damage deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 U.S. states and for all Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a significant impact on the price of insurance. Areas with sparse population are statistically proven to have fewer comprehensive and collision claims than larger metro areas. The example below illustrates the difference between rural and urban areas on auto insurance rates.

These rate differences highlight why everyone should compare prices for a specific zip code and their own personal driving habits, rather than relying on price averages.

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

More Rate Information

The chart below breaks down average Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $723
• Using higher $1,000 deductibles will save about $134 every year
• The estimated rate for a 40-year-old good driver using $500 deductibles is $1,224
• Choosing pricier low deductibles for physical damage coverage will cost $1,484
• Drivers with multiple violations and an at-fault accident could pay at least $2,640
• An auto insurance policy with full coverage for a teen driver for full coverage can be $4,736 or more

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

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

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

Choosing high deductibles could cut prices by as much as $400 each year, whereas buying more liability protection will increase prices. Changing 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 $940 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,750 on average in Michigan, New York, and Louisiana.

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 More Affordable Mitsubishi Lancer Insurance

Finding better rates on Mitsubishi Lancer insurance requires being a safe and courteous driver, having above-average credit, refrain from filing small claims, and possibly raising deductibles. Set aside time to compare rates every year by requesting quotes from direct car insurance companies, and also from your local independent and exclusive agents.

Below is a summary of the coverage data covered above.

• You may be able to save up to $140 per year just by quoting online well ahead of the renewal date
• Increasing policy deductibles could save up to $400 each year
• Teenage drivers are expensive to insure, with the cost nearing $395 per month if full coverage is included
• High-risk drivers who have multiple accidents or major violations may pay on average $1,420 more every year for auto 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.