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 $1,246 a year for full coverage insurance. Comprehensive insurance costs an estimated $242 a year, collision insurance costs $382, and liability insurance is estimated at $464. Liability-only coverage costs approximately $514 a year, and high-risk coverage costs $2,692 or more. 16-year-old drivers pay the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Price estimates broken down by individual coverage:

Prices are based on $500 policy deductibles, liability limits of 30/60, and includes medical and UM/UIM coverage. Estimates are averaged for all 50 states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on the price of insurance. More rural locations have lower incidents of physical damage claims than congested cities. The diagram below illustrates the difference location can make on insurance prices.

The ranges above illustrate why it is important to get quotes for a targeted area, rather than relying on rate averages.

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 full coverage rate is $732
• Choosing higher $1,000 deductibles can save approximately $1,104 each year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,246
• Buying low $100 deductibles for comp and collision coverage will cost an additional $272 a year
• High-risk insureds with multiple tickets or accidents could pay up to $2,692
• The price that insures a teen driver can cost as much as $4,802 each year

Auto insurance prices for a Mitsubishi Lancer are also quite variable based on the trim level of your Lancer, your age and driving record, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you are probably paying $1,500 to $2,100 in extra premium each year, depending on your age. A high-risk auto insurance policy ranges anywhere from 44% to 134% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,200 annually on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will have to pay at least $4,800 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mitsubishi Lancer insurance rates. A good driver about age 40 could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,680 on average in Florida, New York, and Michigan.

Opting for high physical damage deductibles can save as much as $420 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $417 extra every year. View Rates by Deductible or Liability Limit

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 Affordable Mitsubishi Lancer Insurance

Getting lower rates on Mitsubishi Lancer insurance takes being safe and accident-free, maintaining a good credit score, not filing small claims, and consideration of higher deductibles. Comparison shop once a year by getting quotes from direct insurance companies, and also from local insurance agencies.

Below you'll find a brief review of the data that was touched on in this article.

• It is possible to save approximately $150 per year just by quoting early and online
• Drivers who want more liability protection will pay around $510 annually to raise limits from a low limit to the 250/500 level
• Youthful drivers are the costliest to insure, as much as $400 a month if the policy includes full coverage
• High-risk drivers with DUI or reckless driving convictions may have to pay on average $1,450 more annually than a low-risk driver

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.