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 insurance costs on average $236 each year, collision costs $356, and liability is estimated at $474. A policy with just liability insurance costs approximately $522 a year, with coverage for high-risk drivers costing $2,640 or more. 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:

Prices include $500 physical damage insurance deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and Lancer models.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on insurance rates. Rural areas have a lower frequency of physical damage claims than larger metro areas.

The graphic below illustrates how where you live affects car insurance rates.

The ranges above illustrate why all drivers should get quotes based on a specific location and risk profile, instead of using price averages.

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

More Rate Information

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

• The lowest rate with discounts is $723
• Choosing higher $1,000 deductibles can save around $134 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,224
• Choosing low deductibles for comp and collision coverage will cost an extra $260 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The price for full coverage for a teen driver may cost $4,736 each year

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.

More mature drivers with a clean driving record and high deductibles may pay as little as $1,100 annually on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay upwards of $4,700 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mitsubishi Lancer insurance prices. A good driver about age 40 could pay 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 can save as much as $400 every year, whereas increasing 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 more per year. 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. Insurance for high-risk drivers ranges as much as 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 do a rate comparison and see which company has the best price. Each auto insurer uses a different rate calculation, so the prices 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 the Right Mitsubishi Lancer Insurance

Getting lower rates on car insurance takes being a low-risk driver, maintaining good credit, not filing small claims, and bundling your home and auto policies. Take the time to comparison shop at every policy renewal by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The items below are a quick rundown of the data touched on in the above illustrations.

• Policyholders who require more liability coverage will pay about $520 annually to raise limits from a low limit to 250/500 limits
• It is possible to save as much as $140 per year simply by quoting online in advance
• Increasing physical damage deductibles can save around $400 each year
• Teen drivers pay the highest prices, as much as $395 a month for full coverage

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.