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.

The average insurance rates for a Mitsubishi Lancer are $1,224 a year for full coverage insurance. Comprehensive insurance costs an estimated $236 a year, collision costs $356, and liability costs around $474. Liability-only coverage costs as low as $522 a year, with high-risk coverage costing $2,640 or more. Teen drivers cost the most to insure at $4,736 a year or more.

Average premium for full coverage: $1,224

Policy rates broken down by type of insurance:

Prices include $500 physical damage deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Prices are averaged for all 50 states and Lancer trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than larger metro areas.

The diagram below illustrates how your location can change insurance prices.

The examples above illustrate why it is important to compare prices for a targeted area, instead of using price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $723
• Using higher $1,000 deductibles will save approximately $1,090 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,224
• Choosing low $100 deductibles for physical damage coverage will cost an additional $260 every year
• Drivers with multiple violations and an at-fault accident could pay up to $2,640 or more
• Policy cost that insures a teen driver can cost as much as $4,736 or more

Insurance rates for a Mitsubishi Lancer also range considerably based on the trim level of your Lancer, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,400 to $2,000 additional every year, depending on your age. A high-risk auto insurance policy can be as much as 42% to 128% more than average. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,100 a year, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay at least $4,700 a year. View Rates by Age

Your home state has a huge impact on Mitsubishi Lancer insurance prices. A driver around age 40 might see rates as low as $800 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,650 on average in Florida, New York, and Michigan.

Choosing high deductibles could cut rates by as much as $400 every year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to get quotes and see which company has the best rate. Each insurance company uses a different rate calculation, and rates will be varied.

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

Finding cheaper rates on car insurance requires being a safe and courteous driver, having a good credit score, being claim-free, and maximizing policy discounts. Shop around every year by requesting rates from direct insurance companies, and also from local insurance agencies.

Below is a quick rundown of the coverage data illustrated above.

• It is possible to save approximately $140 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $400 each year
• Teenage drivers are expensive to insure, possibly costing $395 each month if comprehensive and collision insurance is included
• Higher risk drivers with reckless driving or DUI convictions may have to pay on average $1,420 more annually for auto 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.