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 insurance rates for a Mitsubishi Lancer are $1,246 a year for full coverage insurance. Comprehensive costs approximately $242, collision insurance costs $382, and liability coverage costs $464. Liability-only insurance costs as little as $514 a year, and high-risk driver insurance costs around $2,692. 16-year-old drivers pay the most at up to $4,802 a year.

Average premium for full coverage: $1,246

Premium estimates by type of coverage:

Estimates include $500 policy deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and for different Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than congested cities. The price range example below illustrates how location impacts auto insurance prices.

These rate differences illustrate why anyone shopping for car insurance should compare rates using their specific location, rather than using rate averages.

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

More Rate Information

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

• The best full coverage rate is $732
• Drivers who choose higher $1,000 deductibles will pay $142 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,246
• Buying more expensive low deductibles for comprehensive and collision insurance bumps up the cost to $1,518
• High-risk insureds with multiple tickets or accidents could pay around $2,692
• An auto insurance policy that insures a teenage driver with full coverage can cost $4,802 a year

Insurance prices for a Mitsubishi Lancer also have a wide range based on the model year and trim level, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,500 to $2,100 additional annually, depending on your age. High-risk driver insurance can cost around 44% to 134% more than the average rate. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may only pay around $1,200 per year on average, or $100 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay in the ballpark of $4,800 a year. View Rates by Age

Where you choose to live makes a big difference in Mitsubishi Lancer insurance rates. A 40-year-old driver could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,680 on average in Florida, New York, and Michigan.

Opting for high physical damage deductibles could save up to $420 a year, while increasing your policy's liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $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 Low Cost Mitsubishi Lancer Insurance

Finding better rates on auto insurance not only requires being a good driver, but also having a good credit score, paying for small claims out-of-pocket, and consideration of higher deductibles. Comparison shop at every policy renewal by requesting quotes from direct insurance companies, and also from your local car insurance providers.

The following list is a review of the data touched on above.

• Consumers who purchase an increased level of liability coverage will pay around $510 annually to go from 30/60 bodily injury limits to the 250/500 level
• It is possible to save around $150 per year just by shopping early and online
• Increasing policy deductibles can save approximately $425 each year
• Drivers age 16 to 20 are the costliest to insure, with premiums being up to $400 per month if comprehensive and collision insurance is included

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.