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 insurance costs approximately $236 each year, collision costs $356, and liability coverage is $474. Buying just liability costs around $522 a year, with insurance for high-risk drivers costing $2,640 or more. Teen drivers receive the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Rate estimates by individual coverage type:

Prices are based on $500 policy deductibles, 30/60 bodily injury liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all states and Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on car insurance rates. Rural locations tend to have a lower frequency of accident claims than larger metro areas.

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

These examples show why all drivers should compare rates quotes using their specific location and risk profile, rather than using price averages.

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

Detailed Rate Analysis

The chart below shows estimated Mitsubishi Lancer insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $723
• Raising to $1,000 deductibles will save $134 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,224
• Choosing low deductibles will cost an extra $260 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay around $2,640 or more
• The cost for full coverage for a teenage driver can cost $4,736

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

More mature drivers with a good driving record and high deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay in the ballpark of $4,700 a year. View Rates by Age

Where you live also has a big influence on Mitsubishi Lancer insurance rates. A middle-age driver might find rates 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.

Choosing high deductibles can reduce rates by up to $400 a year, whereas increasing liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $426 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,400 to $2,000 in extra premium per year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 42% to 128% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to do a rate comparison and see how they stack up. Every auto insurance company uses a different rate calculation, and quoted rates can be significantly different from one company to the next.

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 auto insurance consists of being a good driver, having good credit, eliminating unneeded coverage, and not having any coverage lapses. Make time to compare rates at every other renewal by requesting quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The following list is a brief review of the concepts that were touched on in this article.

• Drivers with DUI or reckless driving convictions may pay on average $1,420 more per year than a safer driver
• Drivers age 16 to 20 have the highest car insurance rates, costing as high as $395 per month if they have full coverage
• Drivers can save around $140 per year simply by quoting online in advance
• Increasing deductibles can save around $400 each year
• Drivers can save around $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.