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 prices for a Mitsubishi Lancer are $1,224 every 12 months for full coverage. Comprehensive costs an estimated $236 each year, collision costs $356, and liability is $474. A policy with only liability insurance costs around $522 a year, with a high-risk policy costing around $2,640. Teen drivers pay the most at $4,736 a year or more.

Average premium for full coverage: $1,224

Premium estimates broken down by type of coverage:

These estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can make a big difference on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than larger metro areas.

The graphic below illustrates how where you live affects insurance prices.

These rate differences show why all drivers should compare rates quotes for a targeted area and their own driving history, instead of making a decision based on price averages.

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

Additional Rate Analysis

The chart below shows estimated Mitsubishi Lancer insurance rates for other coverage scenarios.

• The lowest rate with discounts is $723
• Raising to $1,000 deductibles will save approximately $134 a year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,224
• Choosing low deductibles increases the price to $1,484
• Drivers with multiple violations and an at-fault accident could pay up to $2,640 or more
• An auto insurance policy to insure a 16-year-old driver can cost as much as $4,736

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

Choosing high deductibles can reduce prices by up to $400 annually, whereas increasing liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may pay as low as $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will be charged at least $4,700 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying $1,400 to $2,000 extra annually, depending on your age. Insurance for high-risk drivers is expensive and can cost from 42% to 128% more than average. View High Risk Driver Rates

Where you choose to live also has a big influence on Mitsubishi Lancer insurance prices. A middle-age driver might find prices 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 which insurance company is cheapest is to do a rate comparison from multiple companies. Every auto insurance company uses a different rate calculation, so rate quotes will be substantially different.

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 Shop for Cheap Mitsubishi Lancer Insurance

Finding better rates on insurance for a Mitsubishi Lancer consists of having a good driving record, maintaining a good credit score, not filing small claims, and not having any coverage lapses. Take the time to comparison shop every other policy renewal by requesting quotes from direct carriers, and also from several local insurance agents.

The next list is a brief summary of the ideas that were touched on in the above illustrations.

• Drivers age 20 and younger have the highest car insurance prices, as much as $395 per month if the policy includes full coverage
• Drivers considered higher risk that tend to have accidents or serious violations pay on average $1,420 more annually to buy Mitsubishi Lancer insurance
• Increasing policy deductibles could save as much as $400 each year
• Drivers can save approximately $140 per year simply by quoting online in advance

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.