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 $1,224 a year for full coverage. Comprehensive insurance costs on average $236 a year, collision insurance costs $356, and liability coverage costs around $474. Liability-only insurance costs as low as $522 a year, and high-risk driver insurance costs $2,640 or more. Teen drivers pay the most at up to $4,736 a year.

Average premium for full coverage: $1,224

Premium estimates by type of coverage:

Includes $500 policy deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Rates include averaging for all states and Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of accident claims than larger metro areas. The diagram below illustrates how location impacts car insurance rates.

These rate differences show why it is important to compare prices based on a specific location and risk profile, rather than using price averages.

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

Rates by State, City, and Model

The chart below shows average 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 a year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,224
• Choosing low $100 deductibles for physical damage coverage will cost an extra $260 each year
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,640
• An auto insurance policy for full coverage for a teenage driver may cost $4,736 or more

Insurance prices for a Mitsubishi Lancer also have a wide range based on your driving characteristics, the trim level of your Lancer, and policy deductibles and limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,100 a year, or $92 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay upwards of $4,700 a year. View Rates by Age

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 $810 a year in states like Idaho, Maine, and Iowa, or as much as $1,750 on average in Michigan, Louisiana, and New York.

Choosing high deductibles could cut prices by as much as $400 a year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost up to $426 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying at a minimum $1,400 to $2,000 additional annually, depending on your age. A high-risk auto insurance policy can be around 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

Finding better rates on auto insurance requires avoiding accidents and claims, having a good credit history, not filing small claims, and dropping full coverage on older vehicles. Spend time shopping around at least once a year by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from your local insurance agents.

The points below are a recap of the primary concepts that were touched on above.

• Drivers can save as much as $140 per year just by quoting early and online
• Drivers that have major violations or accidents will pay on average $1,420 more each year to insure a Mitsubishi Lancer
• Increasing policy deductibles can save around $400 each year
• Drivers under the age of 20 pay higher prices, as much as $395 per month including comprehensive and collision 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.