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.

U.S. average insurance prices for a Mitsubishi Lancer are $1,246 every 12 months for full coverage. Comprehensive costs around $242 each year, collision insurance costs $382, and liability is estimated at $464. Buying just liability costs approximately $514 a year, and insurance for high-risk drivers costs around $2,692. Teens pay the highest rates at up to $4,802 a year.

Average premium for full coverage: $1,246

Price estimates for individual coverage:

Includes $500 policy deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all states and Lancer models.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on auto insurance rates. Areas with sparse population have more infrequent accident claims than cities with more traffic congestion. The graphic below illustrates how geographic area affects auto insurance rates.

The ranges above show why all drivers should get quotes for a specific zip code and their own driving history, instead of making a decision based on averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $732
• Choosing higher $1,000 deductibles can save about $142 a year
• The average price for the average middle-age driver using $500 deductibles is $1,246
• Selecting low deductibles for comp and collision coverage increases the price to $1,518
• Higher-risk drivers with serious driving violations could pay at least $2,692
• The price to insure a 16-year-old driver can be $4,802 each year

Insurance prices for a Mitsubishi Lancer are also quite variable based on deductibles and policy limits, your driver profile, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles can save as much as $420 annually, whereas increasing liability limits will increase prices. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $417 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as low as $1,200 annually on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers should be prepared to pay as much as $4,800 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying at least $1,500 to $2,100 additional each year, depending on your age. Insurance for high-risk drivers ranges from 44% to 134% more than the average policy. View High Risk Driver Rates

The state you live in plays a big part in determining prices for Mitsubishi Lancer insurance prices. A good driver about age 40 could pay as low as $820 a year in states like Idaho, Maine, and Iowa, or have to pay at least $1,780 on average in Michigan, Louisiana, 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 Cheapest Mitsubishi Lancer Insurance

Getting lower rates on insurance for a Mitsubishi Lancer takes avoiding accidents and claims, having above-average credit, eliminating unnecessary coverage, and deciding if full coverage is necessary. Invest the time to compare rates at every policy renewal by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The points below are a recap of the data presented in the illustrations above.

• Insureds who may need increased liability limits will pay approximately $510 each year to raise limits from a low limit to a 250/500 level
• Drivers can save up to $150 per year just by quoting online in advance
• Increasing physical damage deductibles could save as much as $425 each year
• Drivers under the age of 20 are charged the highest prices, with premiums as much as $400 a month if full coverage is included

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.