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 prices for a Mitsubishi Lancer are $1,224 every 12 months for full coverage insurance. Comprehensive costs an estimated $236 each year, collision insurance costs $356, and liability coverage is $474. Liability-only coverage costs around $522 a year, and high-risk coverage costs around $2,640. Teenage drivers receive the highest rates at up to $4,736 a year.

Average premium for full coverage: $1,224

Rate estimates broken down by individual coverage type:

Estimates include $500 deductible amounts, minimum liability limits, and includes medical and UM/UIM coverage. Rates are averaged for all 50 states and Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on the price of insurance. More rural locations tend to have more infrequent physical damage claims than densely populated cities. The graphic below illustrates how location helps determine insurance prices.

These examples illustrate why all drivers should compare rates quotes for a targeted area and their own driving history, rather than using average rates.

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

More Rate Details

The chart below illustrates average Mitsubishi Lancer insurance rates for other coverage scenarios.

• The best discount rate is $723
• Raising to $1,000 deductibles will save approximately $134 each year
• The average price for a 40-year-old driver who has $500 deductibles is $1,224
• Using low deductibles increases the price to $1,484
• Unlucky drivers who are prone to accidents and violations could pay up to $2,640
• The cost to insure a teenage driver can cost as much as $4,736

Car insurance rates for a Mitsubishi Lancer can also vary considerably based on policy deductibles and limits, your risk profile, and the model year and trim level.

Using high physical damage deductibles can reduce rates by up to $400 a year, whereas increasing liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may only pay around $1,100 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers will be charged at least $4,700 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers is expensive and can cost around 42% to 128% more than a normal policy. View High Risk Driver Rates

Where you live also has a big influence on Mitsubishi Lancer insurance rates. A middle-age driver might find rates as low as $800 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,650 on average in Florida, New York, and Michigan.

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 Shop for Low Cost Mitsubishi Lancer Insurance

Saving money on auto insurance consists of having a good driving record, maintaining a good credit score, avoid buying unnecessary coverage, and possibly higher deductibles. Invest time comparing rates every couple of years by requesting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The next list is a review of the material that was covered in the charts and tables above.

• Consumers who want increased levels of liability coverage will pay an extra $520 annually to raise from a minimum limit to a 250/500 level
• Drivers age 20 and younger have the highest car insurance rates, costing up to $395 per month if the policy includes full coverage
• Drivers who have several accidents or serious violations could be forced to pay on average $1,420 more annually to buy Mitsubishi Lancer insurance
• Increasing deductibles could save as much as $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.