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 rates for a Mitsubishi Lancer are $1,246 a year for full coverage insurance. Comprehensive costs approximately $242 a year, collision insurance costs $382, and liability costs $464. Liability-only coverage costs as little as $514 a year, and high-risk coverage costs around $2,692. Teenage drivers pay the most at up to $4,802 a year.

Average premium for full coverage: $1,246

Premium estimates by type of coverage:

Prices include $500 deductible amounts, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than densely populated cities. The diagram below illustrates how location impacts auto insurance prices.

These rate differences illustrate why it is important to compare rates using their specific location, instead of making a decision based on average rates.

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

More Rate Information

The chart below illustrates average Mitsubishi Lancer insurance rates for additional coverage and risk scenarios.

• The best discount rate is $732
• Drivers who choose higher $1,000 deductibles will pay $1,104 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,246
• Using low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,518
• Drivers who are prone to accidents and violations could pay around $2,692
• An auto insurance policy that insures a 16-year-old driver can cost $4,802 a year

Insurance prices for a Mitsubishi Lancer also have a wide range based on the trim level of your Lancer, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,500 to $2,100 extra annually, depending on your age. A high-risk auto insurance policy can cost from 44% to 134% more than a normal policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,200 per year on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records can expect to pay in the ballpark of $4,800 a year. View Rates by Age

Where you choose to live makes a big difference in Mitsubishi Lancer insurance prices. A 40-year-old driver could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,680 on average in Florida, New York, and Michigan.

Using high physical damage deductibles could save up to $420 annually, while buying higher liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $417 more per 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 the Right Mitsubishi Lancer Insurance

Finding better rates on insurance for a Mitsubishi Lancer not only requires having a good driving record, but also having above-average credit, paying for small claims out-of-pocket, and possibly raising deductibles. Compare prices every year by requesting rates from direct insurance companies, and also from your local car insurance providers.

The next list is a quick rundown of the coverage data touched on above.

• It is possible to save around $150 per year just by quoting early and online
• Increasing policy deductibles can save approximately $425 each year
• Drivers age 20 and younger are expensive to insure, with premiums being up to $400 per month if full coverage is included
• Drivers considered higher risk with reckless driving or DUI convictions could be charged and average of $1,450 more per 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.