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.

Estimated insurance prices for a Mitsubishi Lancer are $1,224 every 12 months with full coverage. Comprehensive costs approximately $236 a year, collision costs $356, and liability is estimated at $474. A policy with only liability insurance costs approximately $522 a year, with a high-risk policy costing around $2,640. Teen drivers pay the most at $4,736 a year or more.

Average premium for full coverage: $1,224

Premium estimates by type of coverage:

Price estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Rates include averaging for all U.S. states and Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on the price of insurance. Rural locations are statistically proven to have more infrequent collision claims than larger metro areas.

The diagram below illustrates how location impacts auto insurance prices.

These rate differences demonstrate why it is important to get quotes using their specific location and their own driving history, instead of making a decision based on price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $723
• Choosing higher $1,000 deductibles can save $1,090 annually
• The average price for a 40-year-old good driver who chooses $500 deductibles is $1,224
• Choosing low $100 deductibles for comp and collision coverage increases the price to $1,484
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $2,640 or more
• An auto insurance policy to insure a 16-year-old driver can cost $4,736 each year

Car insurance prices for a Mitsubishi Lancer also have a wide range based on physical damage deductibles and liability limits, your driving record, and the model of your Lancer.

Choosing high deductibles can save as much as $400 annually, while buying higher liability limits will push prices upward. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $426 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even excellent drivers will be charged in the ballpark of $4,700 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you may be forking out anywhere from $1,400 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy ranges from 42% to 128% more than average. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Mitsubishi Lancer insurance prices. A good driver about age 40 could pay as low as $880 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,650 on average in New York, Michigan, and Florida.

With such a large range in prices, the best way to find out who has the cheapest auto insurance prices is to get quotes from multiple companies. Each auto insurer uses a different rate calculation, so rate quotes will be substantially 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 Shop for Cheaper Mitsubishi Lancer Insurance

Finding better rates on insurance for a Mitsubishi Lancer takes avoiding accidents and violations, maintaining a good credit score, being claim-free, and avoiding coverage lapses. Spend time shopping around every year by requesting quotes from direct companies, and also from insurance agencies where you live.

The list below is a condensed summary of the coverage data touched on above.

• You may be able to save around $140 per year simply by quoting early and online
• Increasing policy deductibles could save as much as $400 each year
• Teenagers pay the highest auto insurance prices, possibly costing $395 per month if the policy includes full coverage
• Drivers considered higher risk with multiple at-fault accidents could be forced to pay on average $1,420 more per year for car insurance

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.