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 for full coverage. Comprehensive costs on average $236, collision insurance costs $356, and liability costs $474. Buying just liability costs as little as $522 a year, and insurance for high-risk drivers costs around $2,640. Teens receive the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Rate estimates by individual coverage type:

Prices are based on $500 physical damage deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and for different Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance rates. Rural areas tend to have lower incidents of accident claims than cities with more traffic congestion. The price range example below illustrates how location impacts car insurance rates.

These examples show why anyone shopping for car insurance should compare rates based on a specific location, instead of using averaged prices.

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

Additional Charts and Tables

The chart below shows average Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $723
• Drivers who choose higher $1,000 deductibles will pay around $134 a year
• The estimated price for a 40-year-old driver with $500 deductibles is $1,224
• Selecting more expensive low deductibles for comprehensive and collision insurance bumps up the cost to $1,484
• Higher-risk drivers with serious driving violations could pay upwards of $2,640
• The cost that insures a teen driver with full coverage may cost $4,736 a year

Auto insurance rates for a Mitsubishi Lancer can also vary considerably based on the model year and trim level, how you drive, and policy deductibles and limits.

If you like to drive fast or you caused an accident, you could be paying at a minimum $1,400 to $2,000 in extra premium per year, depending on your age. High-risk driver insurance can cost as much as 42% to 128% more than the average policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay upwards of $4,700 a year. View Rates by Age

Where you live makes a big difference in Mitsubishi Lancer insurance prices. A 40-year-old driver could pay as low as $810 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,750 on average in Michigan, Louisiana, and New York.

Choosing higher comprehensive and collision insurance deductibles could save up to $400 every year, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $426 extra every 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 Affordable Mitsubishi Lancer Insurance

Saving money on car insurance not only requires being a safe and courteous driver, but also maintaining a good credit score, eliminating unneeded coverage, and deciding if full coverage is necessary. Compare rates at least every other year by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below is a brief review of the car insurance concepts touched on above.

• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,420 more each year for auto insurance
• Drivers can save as much as $140 per year just by shopping early and online
• Increasing deductibles can save approximately $400 each year
• Policyholders who require higher levels of liability will pay approximately $520 each year to go from a minimum limit to the 250/500 level

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.