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 auto insurance rates for a Mitsubishi Lancer are $1,246 annually with full coverage. Comprehensive costs on average $242, collision insurance costs $382, and liability coverage costs around $464. A policy with only liability insurance costs as low as $514 a year, and a high-risk policy costs around $2,692. Teens pay the most at up to $4,802 a year.

Average premium for full coverage: $1,246

Premium estimates by type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates include averaging for all U.S. states and for all Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on auto insurance rates. Rural areas are statistically proven to have fewer collision claims than cities with more traffic congestion. The example below illustrates how where you live affects car insurance rates.

These rate differences demonstrate why everyone should compare prices based on a specific location and their own personal driving habits, rather than using averaged prices.

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

Additional Charts and Tables

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

• The cheapest rate after discounts is $732
• Using higher $1,000 deductibles will save around $142 annually
• The estimated rate for a 40-year-old good driver with $500 deductibles is $1,246
• Selecting pricier low deductibles for physical damage coverage will cost $1,518
• Higher-risk drivers with serious driving violations could pay upwards of $2,692
• An auto insurance policy with full coverage for a teenage driver for full coverage may cost $4,802 or more

Car insurance prices for a Mitsubishi Lancer also have a wide range based on the model of your Lancer, your driving record, and policy deductibles and limits.

A more mature driver with no driving violations and high physical damage deductibles may only pay around $1,200 a year, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they will be charged upwards of $4,800 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you may be forking out at a minimum $1,500 to $2,100 extra annually, depending on your age. Mitsubishi Lancer insurance for high-risk drivers can be around 44% to 134% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $420 a year, whereas buying more liability protection will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost up to $417 extra every 12 months. View Rates by Deductible or Liability Limit

Where you choose to live has a huge impact on Mitsubishi Lancer insurance rates. A driver around age 40 might see prices 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 Buy the Best Mitsubishi Lancer Insurance

Finding better rates on auto insurance requires having a decent driving record, having a good credit score, being claim-free, and possibly raising deductibles. Take the time to comparison shop every other policy renewal by requesting quotes from direct companies, and also from local independent and exclusive agents.

The following items are a brief recap of the ideas that were touched on in the above illustrations.

• 16 to 18-year-old drivers are expensive to insure, possibly costing $400 per month if comprehensive and collision insurance is included
• Drivers who tend to receive serious violations pay an average of $1,450 more each year than a driver with a clean driving record
• Increasing policy deductibles could save up to $425 each year
• You may be able to save as much as $150 per year just by quoting online well ahead of the renewal date

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.