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.

Estimated insurance rates for a Mitsubishi Lancer are $1,224 a year with full coverage. Comprehensive costs around $236, collision costs $356, and liability coverage is $474. A liability-only policy costs around $522 a year, with high-risk insurance costing around $2,640. Teens pay the most at $4,736 a year or more.

Average premium for full coverage: $1,224

Premium estimates for type of coverage:

Prices are based on $500 policy deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all U.S. states and for all Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. Areas with sparse population are statistically proven to have a lower frequency of collision claims than cities with more traffic congestion.

The example below illustrates how location helps determine auto insurance rates.

These rate differences demonstrate why everyone should compare rates quotes for a specific zip code and risk profile, rather than using averaged prices.

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

Rate Comparisons

The chart below details estimated Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $723
• Raising to $1,000 deductibles will save about $134 annually
• The average rate for a 40-year-old good driver using $500 deductibles is $1,224
• Selecting pricier low deductibles will increase the cost to $1,484
• Unlucky drivers with serious driving violations could pay at least $2,640 or more
• An auto insurance policy for full coverage for a teenage driver for full coverage can be $4,736

Auto insurance prices for a Mitsubishi Lancer also have a wide range based on your driving characteristics, the trim level and model year, and deductibles and policy limits.

A more mature driver with a good driving record and high deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay as much as $4,700 a year. View Rates by Age

Where you choose to live also has a big influence on Mitsubishi Lancer insurance rates. A middle-age driver might find prices as low as $880 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,650 on average in Florida, Michigan, and New York.

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $400 a year, whereas buying more liability protection will increase prices. Moving from a 50/100 limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out at least $1,400 to $2,000 in extra premium annually, depending on your age. Mitsubishi Lancer insurance for high-risk drivers is expensive and can cost around 42% to 128% more than the average policy. View High Risk Driver Rates

With such a large range in prices, the best way to find out your exact price is to regularly compare prices and see how they stack up. Every auto insurance company calculates prices differently, and quoted prices will be substantially 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

Finding better rates on auto insurance consists of avoiding accidents and claims, having good credit, being claim-free, and maximizing policy discounts. Invest time comparing rates at every policy renewal by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The points below are a brief review of the data covered in the charts and tables above.

• Consumers who may need increased liability limits will pay approximately $520 every year to raise from 30/60 bodily injury limits to 250/500 limits
• You may be able to save up to $140 per year simply by quoting online well ahead of the renewal date
• Increasing policy deductibles can save around $400 each year
• Drivers under the age of 20 are expensive to insure, possibly costing $395 per month if they have full coverage

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.