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 including full coverage. Comprehensive insurance costs approximately $242 each year, collision costs $382, and liability insurance costs $464. A policy with only liability insurance costs as little as $514 a year, with a high-risk policy costing $2,692 or more. Teens pay the most at $4,802 a year or more.

Average premium for full coverage: $1,246

Premium estimates by type of coverage:

These estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 U.S. states and Lancer models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on car insurance prices. Rural locations are statistically proven to have more infrequent comprehensive and collision claims than cities with more traffic congestion.

The graphic below illustrates how your location can change auto insurance prices.

These rate differences highlight why all drivers should compare rates using their specific location and their own driving history, rather than relying on averaged prices.

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

More Rate Information

The chart below breaks down estimated Mitsubishi Lancer insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $732
• Drivers who choose higher $1,000 deductibles will pay $142 every year
• The average price for a 40-year-old good driver who chooses $500 deductibles is $1,246
• Selecting low deductibles for comprehensive and collision insurance costs an extra $272 a year
• High risk drivers with serious driving violations could pay around $2,692 or more
• An auto insurance policy to insure a teen driver can cost $4,802 a year

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

Choosing higher comprehensive and collision insurance deductibles could save up to $420 each year, whereas increasing liability limits will push prices upward. Changing 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

More mature drivers with no driving violations and higher deductibles could pay as little as $1,200 per year on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will be charged in the ballpark of $4,800 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying anywhere from $1,500 to $2,100 extra annually, depending on your age. Insurance for high-risk drivers can cost anywhere from 44% to 134% more than the average policy. View High Risk Driver Rates

Where you choose to live makes a big difference in Mitsubishi Lancer insurance rates. A 40-year-old driver could pay as low as $960 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $1,780 on average in Louisiana, New York, and Michigan.

With such a large range in prices, the best way to figure out who has the best auto insurance prices is to do a rate comparison from as many companies as possible. Every company calculates prices differently, 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 Cheap Mitsubishi Lancer Insurance

Finding better rates on Mitsubishi Lancer insurance not only requires avoiding accidents and violations, but also maintaining a good credit score, refrain from filing small claims, and avoiding coverage lapses. Invest the time to shop around every year by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

The list below is a brief summary of the coverage data illustrated above.

• You may be able to save around $150 per year simply by quoting online in advance
• Increasing policy deductibles could save as much as $425 each year
• Teenagers pay the highest auto insurance prices, with the cost nearing $400 per month if the policy includes full coverage
• High-risk drivers that tend to have accidents or serious violations could be charged and average of $1,450 more per year for car insurance

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.