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.

Average insurance rates for a Mitsubishi Lancer are $1,224 a year with full coverage. Comprehensive costs around $236 each year, collision insurance costs $356, and liability insurance is $474. A liability-only policy costs around $522 a year, and high-risk insurance costs around $2,640. Teen drivers receive the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Rate estimates for individual coverage type:

Includes $500 comprehensive and collision deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all U.S. states and Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a significant impact on insurance rates. Areas with sparse population tend to have a lower frequency of collision claims than larger metro areas. The graphic below illustrates how rural and urban location affects auto insurance rates.

These examples demonstrate why all drivers should compare rates quotes for a specific zip code and risk profile, rather than relying on price averages.

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

More Rate Information

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

• The lowest rate with discounts is $723
• Raising to $1,000 deductibles will save about $134 annually
• The average rate for a 40-year-old driver using $500 deductibles is $1,224
• Choosing low deductibles will increase the cost to $1,484
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,640
• The cost for full coverage for a teen driver can be $4,736

Insurance rates for a Mitsubishi Lancer can also vary considerably based on your driver profile, the trim level and model year, and deductibles and policy limits.

More mature drivers with a clean driving record and high deductibles could pay as little as $1,100 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay as much as $4,700 a year. View Rates by Age

Where you live also has a big influence on Mitsubishi Lancer insurance rates. A middle-age driver might find rates as low as $880 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,650 on average in Florida, Michigan, and New York.

Choosing high deductibles can reduce rates by up to $400 each year, whereas increasing liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will cost as much as $426 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out at least $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 42% to 128% more than average. 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 the Cheapest Mitsubishi Lancer Insurance

Saving money on Mitsubishi Lancer insurance consists of avoiding accidents and violations, maintaining good credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Set aside time to shop around every couple of years by quoting rates from direct companies like GEICO and Progressive, and also from local independent and exclusive agents.

The list below is a recap of the material that was raised in the charts and tables above.

• Drivers who may need higher liability limits will pay about $520 every year to raise from a minimum limit to 250/500 limits
• Teenagers pay higher rates, with premiums as much as $395 per month for full coverage
• High-risk drivers that have major violations or accidents pay an average of $1,420 more every year for car insurance
• Increasing deductibles can save around $400 each year

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.