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 for full coverage. Comprehensive insurance costs approximately $236 a year, collision costs $356, and liability is estimated at $474. A liability-only policy costs approximately $522 a year, with high-risk insurance costing $2,640 or more. Teen drivers pay the most at $4,736 a year or more.

Average premium for full coverage: $1,224

Premium estimates by type of coverage:

These estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all states and Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Rural locations are statistically proven to have fewer accident claims than larger metro areas.

The diagram below illustrates how geographic area affects auto insurance prices.

These rate differences show why it is important to get quotes using their specific location and their own personal driving habits, instead of using price averages.

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

More Rate Information

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

• The lowest rate with discounts is $723
• Choosing higher $1,000 deductibles can save $1,090 a year
• The estimated rate for a 40-year-old good driver who chooses $500 deductibles is $1,224
• Choosing low $100 deductibles for comp and collision coverage costs an additional $260 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay around $2,640 or more
• An auto insurance policy with full coverage for a teen driver can cost $4,736 each year

Auto insurance prices for a Mitsubishi Lancer also have a wide range based on the model of your Lancer, your driver profile, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high physical damage deductibles may pay as little as $1,100 annually on average, 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 in the ballpark of $4,700 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying anywhere from $1,400 to $2,000 in extra premium annually, depending on your age. A high-risk auto insurance policy ranges as much as 42% to 128% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $400 every year, while buying higher liability limits will push prices upward. Going 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 plays a big part in determining prices for Mitsubishi Lancer insurance prices. A good driver about age 40 could pay as low as $810 a year in states like Iowa, Maine, and Idaho, or as much as $1,750 on average in New York, Louisiana, and Michigan.

With such a large range in prices, the only way to know who has the cheapest car insurance prices is to get quotes and see which company has the best price. Each auto insurer uses a different rate calculation, and quoted prices will be substantially different between companies.

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 Cheap Mitsubishi Lancer Insurance

Finding better rates on car insurance takes being a good driver, having above-average credit, not filing small claims, and not having any coverage lapses. Invest the time to compare rates at every other renewal by obtaining price quotes from direct carriers, and also from several local insurance agents.

The following list is a brief summary of the concepts that were presented in the illustrations above.

• Higher risk drivers that tend to have accidents or serious violations pay on average $1,420 more per year than a safer driver
• Drivers age 16 to 20 have the highest car insurance prices, as much as $395 per month if full coverage is included
• Drivers can save around $140 per year simply by quoting early and online
• Increasing policy deductibles could save up to $400 each year
• Drivers can save around $140 per year simply by quoting early and online

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.