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 auto insurance rates for a Mitsubishi Lancer are $1,246 annually for full coverage. Comprehensive costs on average $242, collision costs $382, and liability costs $464. A policy with just liability insurance costs as little as $514 a year, with coverage for high-risk drivers costing around $2,692. Teen drivers receive the highest rates at $4,802 a year or more.

Average premium for full coverage: $1,246

Rate estimates by individual coverage type:

Prices include $500 policy deductibles, 30/60 liability coverage, and includes medical and UM/UIM 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 make a big difference on car insurance rates. Rural areas tend to have fewer accident claims than larger metro areas.

The price range example below illustrates how geographic area affects car insurance rates.

These examples show why anyone shopping for car insurance should compare rates based on a specific location and their own personal driving habits, instead of making a decision based on price averages.

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

More Rate Details

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

• The lowest rate with discounts is $732
• Drivers who choose higher $1,000 deductibles will pay around $142 a year
• The estimated rate for a 40-year-old driver with $500 deductibles is $1,246
• Choosing more expensive low deductibles for comprehensive and collision insurance will cost $1,518
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,692 or more
• The cost with full coverage for a 16-year-old driver with full coverage may cost $4,802 a year

Insurance rates for a Mitsubishi Lancer can also vary considerably based on the trim level of your Lancer, your driver profile, and policy deductibles and limits.

An older driver with no violations or accidents and high physical damage deductibles may pay as low as $1,200 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they should be prepared to pay upwards of $4,800 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying at a minimum $1,500 to $2,100 additional per year, depending on your age. High-risk driver insurance can cost from 44% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $420 annually, while increasing your policy's liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $417 more each year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Mitsubishi Lancer insurance prices. A 40-year-old driver could pay as low as $820 a year in states like Idaho, Maine, and Iowa, or as much as $1,780 on average in Michigan, Louisiana, and New York.

With so much variability in rates, the only way to know exactly what you will pay is to compare rates from multiple companies. Every company uses a different rate calculation, and rates can be significantly different between companies.

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 Buy the Right Mitsubishi Lancer Insurance

Saving money on insurance for a Mitsubishi Lancer not only requires being a good driver, but also having good credit, eliminating unneeded coverage, and insuring your home and auto with the same company. Invest the time to compare rates every year by requesting rates from direct carriers like Progressive and GEICO, and also from local insurance agents.

The following list is a quick rundown of the coverage data presented in the illustrations above.

• Drivers can save as much as $150 per year simply by shopping early and online
• Increasing deductibles could save up to $425 each year
• Drivers age 16 to 20 pay higher rates, costing as high as $400 per month if they have full coverage
• Drivers considered higher risk with reckless driving or DUI convictions may be required to pay an average of $1,450 more each year than a safer driver

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.