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 insurance. Comprehensive costs on average $236 a year, collision costs $356, and liability costs around $474. Liability-only insurance costs as low as $522 a year, with high-risk driver insurance costing around $2,640. Teen drivers pay the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Price estimates by individual coverage:

Estimates include $500 policy deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on insurance rates. Rural areas have a lower frequency of physical damage claims than larger metro areas.

The diagram below illustrates the difference location can make on car insurance rates.

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

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

Rate Comparisons

The chart below illustrates estimated Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $723
• Using higher $1,000 deductibles will save around $1,090 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,224
• Choosing low $100 deductibles for physical damage coverage will increase the cost to $1,484
• High-risk insureds with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The price for full coverage for a 16-year-old driver may cost $4,736 or more

Car insurance prices for a Mitsubishi Lancer are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

Older drivers with no driving violations 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 will be charged 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 $800 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $1,650 on average in Michigan, New York, and Florida.

Choosing high deductibles could cut prices by as much as $400 annually, while buying higher liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably 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 average. View High Risk Driver Rates

Since prices can be so different, the only way to figure out exactly what you will pay is to get quotes from multiple companies. Each insurance company uses a different rate calculation, so rate quotes may be quite different from one company to the next.

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 Low Cost Mitsubishi Lancer Insurance

Getting lower rates on insurance for a Mitsubishi Lancer requires being safe and accident-free, having above-average credit, not filing small claims, and maximizing policy discounts. Make time to compare rates once a year by requesting rates from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

Below you'll find a review of the data that was touched on in this article.

• It is possible to save as much as $140 per year simply by quoting early and online
• Insureds who require more liability protection will pay about $520 annually to increase from a low limit to 250/500 limits
• Youthful drivers are expensive to insure, as much as $395 a month if full coverage is included
• Drivers considered higher risk who have several accidents or serious violations pay an average of $1,420 more each year than a low-risk driver

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.