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 $1,246 a year for full coverage. Comprehensive insurance costs on average $242, collision insurance costs $382, and liability coverage costs around $464. Liability-only insurance costs as low as $514 a year, and high-risk driver insurance costs $2,692 or more. Teenage drivers cost the most to insure at up to $4,802 a year.

Average premium for full coverage: $1,246

Policy rates by type of insurance:

Rate estimates include $500 deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and for different Lancer trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance rates. Rural areas are shown to have a lower frequency of accident claims than densely populated cities. The price range example below illustrates how geographic area affects car insurance rates.

The examples above show why anyone shopping for car insurance should compare prices based on a specific location and risk profile, rather than using average rates.

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

Additional Charts and Tables

The chart below shows average Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The best discount rate is $732
• Using higher $1,000 deductibles will save around $142 a year
• The average rate for a good driver age 40 with $500 deductibles is $1,246
• Using more expensive low deductibles for physical damage coverage will cost an extra $272 each year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,692
• Policy cost for full coverage for a teenage driver with full coverage may cost $4,802 or more

Auto insurance rates for a Mitsubishi Lancer also range considerably based on your risk profile, the trim level of your Lancer, and policy deductibles and limits.

An older driver with a good driving record and high deductibles may only pay around $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay upwards of $4,800 a year. View Rates by Age

Your home state has a huge impact on Mitsubishi Lancer insurance rates. A driver around age 40 might see rates as low as $820 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,780 on average in Michigan, Louisiana, and New York.

Using high physical damage deductibles could cut rates by as much as $420 a year, while increasing your policy's liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $417 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying at a minimum $1,500 to $2,100 in extra premium every year, depending on your age. High-risk driver insurance can be around 44% to 134% more than a normal policy. View High Risk Driver Rates

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 Mitsubishi Lancer Insurance

Finding cheaper rates on auto insurance requires not taking risks behind the wheel, having good credit, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Invest the time to compare rates every time your policy renews by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from your local insurance agents.

The following is a brief recap of the information presented in the illustrations above.

• Drivers can save as much as $150 per year just by shopping early and online
• Teens are charged the highest rates, costing up to $400 each month if they have full coverage
• Increasing comprehensive and collision deductibles can save around $425 each year
• Drivers who tend to receive serious violations will pay on average $1,450 more each year for Lancer insurance
• Consumers who require higher liability limits will pay an extra $510 each year to increase from a 30/60 limit to 250/500 limits

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.