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 insurance rates for a Mitsubishi Lancer are $1,246 a year for full coverage insurance. Comprehensive costs an estimated $242 each year, collision insurance costs $382, and liability is $464. Buying just liability costs around $514 a year, and insurance for high-risk drivers costs around $2,692. 16-year-old drivers receive the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Rate estimates broken down by individual coverage type:

Price estimates include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than congested cities. The graphic below illustrates the effect of geographic area on insurance prices.

These examples illustrate why all drivers should compare rates quotes for a targeted area 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 illustrates average Mitsubishi Lancer insurance rates for other coverage scenarios.

• The best full coverage rate is $732
• Raising to $1,000 deductibles will save approximately $142 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,246
• Buying low deductibles will increase the cost to $1,518
• At-risk drivers with multiple tickets or accidents could pay up to $2,692
• The cost for full coverage for a teen driver can cost as much as $4,802

Auto insurance rates for a Mitsubishi Lancer can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

More mature drivers with a good driving record and high deductibles may pay as little as $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay at least $4,800 a year. View Rates by Age

Where you live also has a big influence on Mitsubishi Lancer insurance prices. A middle-age driver might find rates 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 reduce rates by up to $420 every year, whereas increasing liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $417 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,500 to $2,100 in extra premium per year, depending on your age. Insurance for high-risk drivers 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 Cheaper Mitsubishi Lancer Insurance

Saving money on car insurance consists of being a low-risk driver, having good credit, avoid buying unnecessary coverage, and consideration of higher deductibles. Take the time to compare rates at least once a year by obtaining price quotes from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

The items below are a condensed summary of the primary concepts that were covered in the above illustrations.

• It is possible to save approximately $150 per year just by quoting online in advance
• Higher risk drivers with multiple at-fault accidents pay on average $1,450 more annually to insure their Lancer
• Increasing deductibles can save around $425 each year
• Teen drivers are the costliest to insure, costing up to $400 per month if they have full coverage

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.