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 rates for a Mitsubishi Lancer are $1,276 a year including full coverage. Comprehensive insurance costs around $250 a year, collision costs $408, and liability coverage is estimated at $460. A policy with just liability insurance costs approximately $510 a year, with coverage for high-risk drivers costing $2,756 or more. Teens pay the highest rates at $4,894 a year or more.

Average premium for full coverage: $1,276

Price estimates for individual coverage:

Estimates include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and Lancer trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. Areas with sparse population have a lower frequency of comprehensive and collision claims than cities with more traffic congestion.

The diagram below illustrates how where you live affects auto insurance rates.

The ranges above highlight why it is important to get quotes for a specific zip code and risk profile, rather than using averaged prices.

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

Additional Charts and Tables

The chart below breaks down estimated Mitsubishi Lancer insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $747
• Choosing higher $1,000 deductibles can save about $1,126 every year
• The average rate for the average middle-age driver using $500 deductibles is $1,276
• Selecting low $100 deductibles for comp and collision coverage will cost an extra $288 each year
• Drivers with serious driving violations could pay at least $2,756 or more
• The price for full coverage for a teenage driver can be $4,894 each year

Insurance prices for a Mitsubishi Lancer are also quite variable based on your driving record, the model of your Lancer, and deductibles and policy limits.

Older drivers with a clean driving record and high deductibles may only pay around $1,200 annually on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay as much as $4,800 a year. View Rates by Age

The state you live in plays a big part in determining prices for Mitsubishi Lancer insurance rates. A good driver about age 40 could pay as low as $980 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,820 on average in Michigan, New York, and Louisiana.

Choosing higher comprehensive and collision insurance deductibles can save as much as $440 a year, while buying higher liability limits will increase prices. Changing from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are likely paying at least $1,500 to $2,100 extra each year, depending on your age. A high-risk auto insurance policy ranges around 43% to 131% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the best way to figure out your exact price is to get quotes and see how they stack up. Each auto insurer calculates prices differently, so the prices may be quite different from one company to the next.

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 Low Cost Mitsubishi Lancer Insurance

Getting lower rates on auto insurance takes being a safe and courteous driver, maintaining good credit, being claim-free, and insuring your home and auto with the same company. Take the time to comparison shop at every other renewal by getting rate quotes from direct car insurance companies like Progressive and GEICO, and also from several local insurance agents.

Below is a review of the concepts that were touched on in the above illustrations.

• Drivers who have several accidents or serious violations pay on average $1,480 more every year for auto insurance
• Teenage drivers pay higher prices, possibly costing $408 a month for full coverage
• You may be able to save up to $150 per year simply by quoting early and online
• Increasing physical damage deductibles can save around $450 each year
• You may be able to save up to $150 per year simply by quoting early and online

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.