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 $1,224 annually for full coverage. Comprehensive insurance costs on average $236 each year, collision costs $356, and liability insurance costs $474. Liability-only coverage costs as little as $522 a year, with high-risk coverage costing $2,640 or more. Teen drivers receive the highest rates at $4,736 a year or more.

Average premium for full coverage: $1,224

Rate estimates by individual coverage type:

Prices are based on $500 physical damage insurance deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all states and Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on car insurance rates. Rural areas tend to have fewer accident claims than larger metro areas.

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

These examples show why all drivers should compare rates based on a specific location and their own personal driving habits, rather than relying on price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $723
• Drivers who choose higher $1,000 deductibles will pay around $134 a year
• The estimated rate for a 40-year-old driver with $500 deductibles is $1,224
• Choosing low deductibles for comprehensive and collision insurance costs an additional $260 a year
• High risk drivers with multiple violations and an at-fault accident could pay upwards of $2,640 or more
• The cost with full coverage for a teen driver may cost $4,736 a year

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

More mature drivers with no driving violations and high physical damage deductibles could pay as little as $1,100 per year on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they will be charged upwards of $4,700 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying at a minimum $1,400 to $2,000 extra per year, depending on your age. Insurance for high-risk drivers can cost anywhere from 42% to 128% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $400 each year, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $426 extra every 12 months. View Rates by Deductible or Liability Limit

Where you live 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 as much as $1,750 on average in Michigan, Louisiana, and New York.

With so much variability in rates, the only way to know exactly what you will pay is to do a rate comparison from as many companies as possible. Every company uses a different rate calculation, so rate quotes 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 Affordable Mitsubishi Lancer Insurance

Saving money on Mitsubishi Lancer insurance not only requires being a low-risk driver, but also having a good credit score, eliminating unneeded coverage, and maximizing policy discounts. Make time to compare rates every couple of years by getting quotes from direct carriers like Progressive and GEICO, and also from local insurance agents.

The items below are a brief review of the material that was touched on in this article.

• Drivers who require more liability coverage will pay about $520 each year to go from a minimum limit to higher 250/500 limits
• Teen drivers are expensive to insure, costing as high as $395 per month if comprehensive and collision insurance is included
• High-risk drivers with DUI or reckless driving convictions may be required to pay an average of $1,420 more each year to insure their Lancer
• Increasing deductibles could save up to $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.