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.

U.S. average insurance rates for a Mitsubishi Lancer are $1,224 a year for full coverage. Comprehensive insurance costs on average $236 a year, collision costs $356, and liability insurance costs $474. Liability-only insurance costs as little as $522 a year, with high-risk driver insurance costing $2,640 or more. Teens pay the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Price estimates by individual coverage:

Price estimates include $500 physical damage deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Estimates are averaged for all states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on car insurance rates. Rural areas have lower incidents of accident claims than cities with more traffic congestion.

The diagram below illustrates the difference location can make on car insurance rates.

The ranges above show why it is important to compare rates based on a specific location, rather than relying on averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $723
• Drivers who choose higher $1,000 deductibles will pay around $1,090 a year
• The estimated price for the average middle-age driver with $500 deductibles is $1,224
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an additional $260 a year
• High risk drivers with serious driving violations could pay upwards of $2,640 or more
• The price that insures a teen driver may cost $4,736 a year

Car insurance prices for a Mitsubishi Lancer are also quite variable based on the trim level of your Lancer, how you drive, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you could be paying at a minimum $1,400 to $2,000 extra each year, depending on your age. A high-risk auto insurance policy can cost anywhere from 42% to 128% more than the average policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,100 per year on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will be charged upwards of $4,700 a year. View Rates by Age

The state you live in makes a big difference in Mitsubishi Lancer insurance rates. A 40-year-old driver could pay as low as $810 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,750 on average in Michigan, Louisiana, and New York.

Choosing higher comprehensive and collision insurance deductibles could save up to $400 each year, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to know exactly what you will pay is to get quotes from as many companies as possible. Every company calculates prices differently, so rate quotes may be quite 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 Cheaper Mitsubishi Lancer Insurance

Getting lower rates on Mitsubishi Lancer insurance not only requires being a safe and courteous driver, but also having a positive credit history, eliminating unnecessary coverage, and maximizing policy discounts. Compare rates every couple of years by requesting rates from direct carriers, and also from local exclusive and independent agents.

Below is a condensed summary of the material that was touched on in this article.

• Drivers who require higher levels of liability will pay approximately $520 each year to go from a low limit to the 250/500 level
• Teenage drivers are expensive to insure, with premiums as much as $395 a month if full coverage is purchased
• High-risk drivers with multiple at-fault accidents may pay on average $1,420 more each year for auto insurance
• Increasing physical damage deductibles can save approximately $400 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.