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 $1,246 a year for full coverage. Comprehensive costs around $242 a year, collision costs $382, and liability costs $464. A liability-only policy costs as little as $514 a year, with high-risk insurance costing around $2,692. 16-year-old drivers receive the highest rates at $4,802 a year or more.

Average premium for full coverage: $1,246

Rate estimates for individual coverage type:

Rates are based on $500 deductible amounts, 30/60 liability limits, 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

Your location can have significant affects on auto insurance rates. Areas with sparse population tend to have lower incidents of accident claims than congested cities.

The diagram below illustrates how your location can change auto insurance rates.

These examples show why it is important to compare rates for a specific zip code, instead of using rate 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 additional coverage choices and driver risks.

• The best full coverage rate is $732
• Drivers who choose higher $1,000 deductibles will pay about $1,104 a year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,246
• Buying low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,518
• Higher-risk drivers with multiple tickets or accidents could pay at least $2,692 or more
• The cost that insures a teen driver can be $4,802 a year

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

If you like to drive fast or you caused an accident, you could be paying at least $1,500 to $2,100 extra per year, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 134% more than the average rate. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,200 per year on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records can expect to pay as much as $4,800 a year. View Rates by Age

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 at least $1,780 on average in Michigan, Louisiana, and New York.

Opting for high physical damage deductibles could save up to $420 every year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $417 more per year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to know your exact price is to get quotes and see which company has the best rate. Every company utilizes a different rate formula, so the rates can be significantly different.

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 Best Cheap Mitsubishi Lancer Insurance

Saving money on car insurance not only requires having a good driving record, but also having above-average credit, eliminating unneeded coverage, and insuring your home and auto with the same company. Comparison shop at every policy renewal by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The next list is a quick review of the data illustrated above.

• Policyholders who may need increased levels of liability coverage will pay around $510 each year to go from a minimum limit to the 250/500 level
• Drivers can save up to $150 per year simply by quoting early and online
• Increasing deductibles can save approximately $425 each year
• Drivers age 20 and younger pay higher rates, costing as high as $400 per month if full coverage is included

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.