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 $1,224 annually for full coverage. Comprehensive costs an estimated $236 a year, collision costs $356, and liability is $474. A liability-only policy costs around $522 a year, with high-risk insurance costing around $2,640. Teens receive the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Rate estimates broken down by individual coverage type:

Estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Rates are averaged for all states and Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on insurance rates. More rural locations tend to have fewer accident claims than cities with more traffic congestion.

The diagram below illustrates the difference location can make on insurance prices.

These examples show why it is important to compare rates quotes for a targeted area and their own personal driving habits, instead of making a decision based on averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $723
• Raising to $1,000 deductibles will save approximately $1,090 a year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,224
• Selecting low $100 deductibles will cost $1,484
• Drivers with serious driving violations could pay up to $2,640 or more
• The cost with full coverage for a 16-year-old driver can cost as much as $4,736

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

Older drivers with a clean driving record and high physical damage deductibles may pay as low as $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay at least $4,700 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying $1,400 to $2,000 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 128% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $400 annually, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $426 more per year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on Mitsubishi Lancer insurance prices. A middle-age driver might find rates as low as $810 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,750 on average in New York, Louisiana, and Michigan.

With so much variability in rates, the only way to know which company is cheapest is to get quotes from multiple companies. Every auto insurance company calculates rates differently, so the 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 Low Cost Mitsubishi Lancer Insurance

Saving money on insurance for a Mitsubishi Lancer consists of having a good driving record, having a good credit history, eliminating unneeded coverage, and taking advantage of discounts. Make time to compare rates every other policy renewal by quoting rates from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The next list is a review of the ideas that were touched on in this article.

• Drivers age 20 and younger are charged the highest rates, costing as high as $395 per month including comprehensive and collision insurance
• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,420 more annually to buy Mitsubishi Lancer insurance
• Increasing deductibles could save up to $400 each year
• Drivers can save approximately $140 per year simply by quoting early and online

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.