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 prices for a Mitsubishi Lancer are $1,224 every 12 months for full coverage insurance. Comprehensive insurance costs around $236 a year, collision costs $356, and liability coverage is estimated at $474. Buying just liability costs approximately $522 a year, with insurance for high-risk drivers costing $2,640 or more. 16-year-old drivers cost the most to insure at $4,736 a year or more.

Average premium for full coverage: $1,224

Policy rates for type of insurance:

Includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and Lancer trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. Areas with sparse population are shown to have more infrequent physical damage claims than congested cities.

The diagram below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above illustrate why it is important to get quotes for a specific zip code and their own driving history, rather than using rate averages.

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

More Rate Information

The chart below illustrates estimated Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $723
• Choosing higher $1,000 deductibles can save about $1,090 each year
• The average price for a good driver age 40 using $500 deductibles is $1,224
• Buying low $100 deductibles for comp and collision coverage costs an extra $260 each year
• Drivers with multiple tickets or accidents could pay at least $2,640 or more
• Policy cost to insure a teenage driver can be $4,736 each year

Insurance rates for a Mitsubishi Lancer also range considerably based on liability limits and deductibles, your risk profile, and the trim level and model year.

Opting for high physical damage deductibles can save as much as $400 a year, while buying higher liability limits will increase rates. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may only pay around $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay as much as $4,700 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying at least $1,400 to $2,000 extra every year, depending on your age. A high-risk auto insurance policy ranges around 42% to 128% more than the average rate. View High Risk Driver Rates

Your home state plays a big part in determining prices for Mitsubishi Lancer insurance rates. A good driver about age 40 could pay as low as $800 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,650 on average in Michigan, New York, and Florida.

Because rates have so much variability, the only way to figure out your exact price is to get quotes and see how they stack up. Each auto insurer utilizes a different rate formula, so the rates will be varied.

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 the Cheapest Mitsubishi Lancer Insurance

Finding cheaper rates on auto insurance takes having a decent driving record, having good credit, being claim-free, and insuring your home and auto with the same company. Set aside time to compare rates once a year by getting rate quotes from direct insurance companies, and also from your local independent and exclusive agents.

The following items are a recap of the data that was covered above.

• It is possible to save up to $140 per year simply by quoting early and online
• Consumers who may need additional liability coverage will pay around $520 annually to raise limits from a 30/60 limit to a 250/500 level
• 16 to 18-year-old drivers pay higher rates, possibly costing $395 each month if they have full coverage
• Drivers that have major violations or accidents may pay on average $1,420 more every year than a driver with a clean driving record

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.