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. Comprehensive insurance costs approximately $242, collision costs $382, and liability is $464. Liability-only coverage costs around $514 a year, with high-risk coverage costing $2,692 or more. Teen drivers receive the highest rates at $4,802 a year or more.

Average premium for full coverage: $1,246

Rate estimates by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and for different Lancer trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural locations tend to have lower incidents of accident claims than larger metro areas.

The price range example below illustrates how where you live affects auto insurance prices.

These examples show why anyone shopping for car insurance should compare rates quotes using their specific location, instead of making a decision based on price averages.

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

More Rate Information

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

• The lowest rate with discounts is $732
• Raising to $1,000 deductibles will save $142 a year
• The estimated price for a 40-year-old driver who chooses $500 deductibles is $1,246
• Choosing more expensive low deductibles will cost an additional $272 annually
• Drivers with multiple violations and an at-fault accident could pay around $2,692 or more
• The cost that insures a 16-year-old driver with full coverage can cost $4,802

Car insurance rates for a Mitsubishi Lancer can also vary considerably based on the model year and trim level, how you drive, and physical damage deductibles and liability limits.

If you like to drive fast or you caused an accident, you could be paying anywhere from $1,500 to $2,100 extra per year, depending on your age. High-risk driver insurance is expensive and can cost from 44% to 134% more than average. View High Risk Driver Rates

An older driver with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged in the ballpark of $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 Iowa, Maine, and Idaho, or as much as $1,780 on average in New York, Louisiana, and Michigan.

Choosing high deductibles can reduce rates by up to $420 annually, while increasing your policy's liability limits will push rates upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $417 extra every 12 months. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to compare rates from multiple companies. Every auto insurance company uses a different rate calculation, so rate quotes can be significantly 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 Find Cheap Mitsubishi Lancer Insurance

Saving money on insurance for a Mitsubishi Lancer consists of avoiding accidents and violations, having a positive credit history, eliminating unneeded coverage, and avoiding coverage lapses. Shop around every time your policy renews by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The list below is a brief summary of the information touched on in the above illustrations.

• Drivers can save around $150 per year simply by shopping early and online
• Teenagers pay the highest auto insurance rates, costing as high as $400 per month if full coverage is purchased
• Increasing deductibles can save approximately $425 each year
• Drivers considered higher risk that tend to have accidents or serious violations could be forced to pay on average $1,450 more per year for car insurance
• Insureds who purchase higher liability limits will pay about $510 each year to raise from a minimum limit to the 250/500 level

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.