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 prices for a Mitsubishi Lancer are $1,246 every 12 months with full coverage. Comprehensive costs around $242, collision insurance costs $382, and liability coverage costs $464. A policy with just liability insurance costs as little as $514 a year, and coverage for high-risk drivers costs around $2,692. Teens receive the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Rate estimates for individual coverage type:

Prices include $500 deductible amounts, liability coverage up to 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all U.S. states and for all Lancer models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on insurance rates. Areas with sparse population tend to have more infrequent collision claims than cities with more traffic congestion. The example below illustrates how where you live affects auto insurance rates.

These examples demonstrate why everyone should compare rates for a specific zip code and their own driving history, rather than using averaged prices.

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

Additional Rate Details

The chart below details average Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $732
• Drivers who choose higher $1,000 deductibles will pay about $142 annually
• The average price for a 40-year-old driver using $500 deductibles is $1,246
• Selecting pricier low deductibles for comprehensive and collision insurance increases the price to $1,518
• High-risk insureds with serious driving violations could pay at least $2,692
• The cost to insure a teenage driver for full coverage can be $4,802 a year

Insurance rates for a Mitsubishi Lancer can also vary considerably based on policy deductibles and limits, your driving record, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles could save up to $420 a year, whereas buying more liability protection will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $417 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may only pay around $1,200 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers should be prepared to pay as much as $4,800 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out at least $1,500 to $2,100 additional per year, depending on your age. Mitsubishi Lancer insurance for high-risk drivers can cost around 44% to 134% more than the average policy. View High Risk Driver Rates

Where you live makes a big difference in Mitsubishi Lancer insurance rates. A 40-year-old driver could pay as low as $900 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,680 on average in Florida, Michigan, and New York.

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 Shop for the Right Mitsubishi Lancer Insurance

Saving money on auto insurance not only requires having a good driving record, but also having above-average credit, eliminating unnecessary coverage, and deciding if full coverage is necessary. Take the time to comparison shop every time your policy renews by obtaining price quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The next list is a quick rundown of the information touched on in the above illustrations.

• You may be able to save up to $150 per year just by quoting online well ahead of the renewal date
• Drivers age 20 and younger are charged the highest rates, with premiums as much as $400 per month if full coverage is included
• Increasing deductibles could save as much as $425 each year
• Drivers with reckless driving or DUI convictions pay on average $1,450 more every year to buy Mitsubishi Lancer insurance
• Consumers who may need increased levels of liability coverage will pay approximately $510 every year to go from a minimum limit to a 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.