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 $1,246 annually for full coverage insurance. Comprehensive insurance costs approximately $242, collision costs $382, and liability is estimated at $464. Buying just liability costs approximately $514 a year, with insurance for high-risk drivers costing $2,692 or more. Teenage drivers receive the highest rates at $4,802 a year or more.

Average premium for full coverage: $1,246

Rate estimates by individual coverage type:

Full coverage includes $500 policy deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and for different Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of auto insurance. Rural locations tend to have fewer physical damage claims than densely populated cities.

The price range example below illustrates how geographic area affects auto insurance prices.

These examples illustrate why anyone shopping for car insurance should get quotes using their specific location and their own personal driving habits, instead of using average rates.

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

Additional Charts and Tables

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

• The best discount rate is $732
• Choosing higher $1,000 deductibles can save $142 each year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,246
• Using more expensive low deductibles for comp and collision coverage costs an additional $272 every year
• Unlucky drivers who are prone to accidents and violations could pay around $2,692 or more
• The cost with full coverage for a teen driver with full coverage can cost $4,802 each year

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

An older driver with a good driving record and high physical damage deductibles may pay as little as $1,200 annually on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay in the ballpark of $4,800 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,500 to $2,100 in extra premium per year, depending on your age. High-risk driver insurance ranges as much as 44% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $420 every year, while increasing your policy's liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $417 extra every year. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Mitsubishi Lancer insurance prices. A good driver about age 40 could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,680 on average in Florida, New York, and Michigan.

With so much variability in rates, the only way to figure out who has the best car insurance rates is to compare rates and see which company has the best rate. Each auto insurer uses a different method to calculate rates, and quoted 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 More Affordable Mitsubishi Lancer Insurance

Saving money on car insurance takes being safe and accident-free, having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Invest the time to compare rates every couple of years by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from insurance agencies where you live.

Below you'll find a summary of the material that was presented in the illustrations above.

• Policyholders who purchase more liability protection will pay an extra $510 annually to raise limits from a minimum limit to higher 250/500 limits
• Youthful drivers have the highest car insurance rates, costing up to $400 per month if full coverage is included
• Higher risk drivers who have multiple accidents or major violations could be forced to pay on average $1,450 more per year than a low-risk driver
• Increasing deductibles could save up to $425 each year

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.