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 rates for a Mitsubishi Lancer are $1,246 a year including full coverage. Comprehensive costs on average $242 a year, collision insurance costs $382, and liability is $464. Liability-only insurance costs around $514 a year, and high-risk driver insurance costs around $2,692. 16-year-old drivers cost the most to insure at up to $4,802 a year.

Average premium for full coverage: $1,246

Policy rates by type of insurance:

Prices include $500 deductible amounts, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and Lancer trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than congested cities. The diagram below illustrates the effect of geographic area on car insurance rates.

The examples above highlight why it is important to compare rates quotes based on a specific location and risk profile, instead of using rate averages.

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

Additional Charts and Tables

The chart below breaks down average Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $732
• Raising to $1,000 deductibles will save around $1,104 every year
• The average rate for a good driver age 40 with $500 deductibles is $1,246
• Buying low $100 deductibles will increase the cost to $1,518
• At-risk drivers with multiple tickets or accidents could pay upwards of $2,692
• Policy cost for full coverage for a teen driver may cost $4,802

Auto insurance rates for a Mitsubishi Lancer also range considerably based on your risk profile, the model of your Lancer, and policy deductibles and limits.

Older drivers with a good driving record and high deductibles may pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers will have to pay upwards of $4,800 a year. View Rates by Age

Your home state also has a big influence on Mitsubishi Lancer insurance prices. A middle-age driver might find rates as low as $960 a year in states like Missouri, New Hampshire, and Vermont, or at least $1,780 on average in Michigan, New York, and Louisiana.

Opting for high physical damage deductibles can reduce rates by up to $420 every year, while buying higher liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $417 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at a minimum $1,500 to $2,100 in extra premium every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 44% to 134% more than the average rate. View High Risk Driver Rates

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 the Right Mitsubishi Lancer Insurance

Finding cheaper rates on car insurance consists of having a good driving record, having good credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Take the time to compare rates every year by quoting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a quick rundown of the coverage data covered in the above illustrations.

• You may be able to save as much as $150 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save around $425 each year
• Drivers age 20 and younger are charged the highest rates, with premiums being up to $400 each month if they have full coverage
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,450 more each year to buy Mitsubishi Lancer 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.