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 prices for a Mitsubishi Lancer are $1,246 every 12 months with full coverage. Comprehensive costs on average $242, collision costs $382, and liability costs around $464. A policy with only liability insurance costs as low as $514 a year, with a high-risk policy costing around $2,692. Teenage drivers pay the most at $4,802 a year or more.

Average premium for full coverage: $1,246

Premium estimates by type of coverage:

Prices include $500 policy deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Rates include averaging for all U.S. states and for different Lancer trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on auto insurance rates. Rural areas are statistically proven to have more infrequent collision claims than densely populated cities.

The price range example below illustrates the difference location can make on car insurance rates.

These rate differences demonstrate why anyone shopping for car insurance should compare prices based on a specific location and their own driving history, instead of using average rates.

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

Additional Rate Information

The chart below details estimated Mitsubishi Lancer insurance rates for different risk profiles and scenarios.

• The best discount rate is $732
• Using higher $1,000 deductibles will save around $142 annually
• The average price for a 40-year-old good driver with $500 deductibles is $1,246
• Using more expensive low deductibles for physical damage coverage increases the price to $1,518
• Drivers who are prone to accidents and violations could pay upwards of $2,692 or more
• An auto insurance policy to insure a teen driver with full coverage may cost $4,802 or more

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

Using high physical damage deductibles could cut prices by as much as $420 every year, while increasing your policy's liability limits will cost you more. Moving from a 50/100 liability limit to a 250/500 limit will cost up to $417 extra every 12 months. View Rates by Deductible or Liability Limit

An older driver with no driving violations and higher deductibles may pay as little as $1,200 a year, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will be charged upwards of $4,800 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you may be forking out at a minimum $1,500 to $2,100 extra annually, depending on your age. High-risk driver insurance can be as much as 44% to 134% more than a normal policy. View High Risk Driver Rates

Where you choose to live has a huge impact on Mitsubishi Lancer insurance prices. A driver around age 40 might see prices as low as $900 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,680 on average in Florida, Michigan, and New York.

With such a large range in prices, the best way to find out exactly what you will pay is to compare prices and see which company has the best price. Each insurance company uses a different method to calculate prices, so rate quotes will be substantially 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 Shop for the Right Mitsubishi Lancer Insurance

Finding better rates on car insurance requires avoiding accidents and claims, maintaining a good credit score, being claim-free, and maximizing policy discounts. Make time to compare rates at least once a year by obtaining price quotes from direct companies, and also from local exclusive and independent agents.

The points below are a quick rundown of the primary concepts that were touched on in this article.

• You may be able to save as much as $150 per year simply by shopping early and online
• Higher risk drivers with reckless driving or DUI convictions may pay on average $1,450 more each year to insure a Mitsubishi Lancer
• Increasing policy deductibles could save as much as $425 each year
• Drivers under the age of 20 are expensive to insure, possibly costing $400 per month if the policy includes 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.