Mitsubishi Lancer Evolution Insurance Rates

Average Mitsubishi Lancer Evolution auto insurance rates cost $133 per month ($1,598 per year). You can find cheap Mitsubishi Lancer Evolution insurance rates if you are a good driver—Mature drivers with good driving records may find rates as low as $939 a year.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Jun 29, 2020

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Key Takeaways:

  • Full coverage costs around $1,598 a year or $133 each month
  • A liability-only policy costs around $641 a year or $53 each month
  • Highest rates are for teenage drivers at around $5,841 a year or $487 each month
  • Good drivers can save as much as $659 a year by earning policy discounts
  • Mitsubishi Lancer Evolution insurance costs around $79 more per year than the average vehicle

Mitsubishi Lancer Evolution car insurance rates cost drivers an average of $1,598 a year, or around $133 per month. Good drivers can save up to $659 on Mitsubishi Lancer Evolution rates by qualifying for policy discounts. Learn helpful tips right here in this guide to start researching Mitsubishi Lancer Evolution insurance rates that match your needs and budget.

You can start comparing quotes for Mitsubishi Lancer Evolution car insurance rates from some of the best car insurance companies by using our free online tool now.

Mitsubishi Lancer Evolution Insurance Cost

The average Mitsubishi Lancer Evolution car insurance rates are $1,598 a year or $133 a month.

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Are Mitsubishi Lancer Evolutions Expensive to Insure?

The chart below details how Mitsubishi Lancer Evolution insurance rates compare to other sedans like the Nissan Versa, Buick Regal, and Chrysler 300.

Vehicle Comprehensive Collision Liability Total
Nissan Versa $268 $542 $390 $1,358
Buick Regal $306 $536 $398 $1,398
Chrysler 300 $332 $626 $398 $1,514
Nissan Maxima $372 $630 $390 $1,550
Audi A3 $282 $566 $398 $1,404
Kia Forte $322 $500 $372 $1,352
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However, there are a few things you can do to find the cheapest Mitsubishi insurance rates online.

What Impacts the Cost of Mitsubishi Lancer Evolution Insurance?

The Mitsubishi Lancer Evolution trim and model you choose will affect the total price you will pay for Mitsubishi Lancer Evolution insurance coverage.

Age of the Vehicle

Older Mitsubishi Lancer Evolution models generally cost less to insure. For example, auto insurance for a 2015 Mitsubishi Lancer Evolution costs $1,598, while 2010 Mitsubishi Lancer Evolution insurance costs are $1,336, a difference of $262.

Model Year Comprehensive Collision Liability Total
2015 Mitsubishi Lancer Evolution $326 $672 $442 $1,598
2014 Mitsubishi Lancer Evolution $312 $624 $452 $1,546
2013 Mitsubishi Lancer Evolution $300 $588 $456 $1,502
2012 Mitsubishi Lancer Evolution $288 $526 $460 $1,432
2011 Mitsubishi Lancer Evolution $270 $484 $460 $1,372
2010 Mitsubishi Lancer Evolution $260 $454 $464 $1,336
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Driver Age

Driver age can have a significant impact on Mitsubishi Lancer Evolution auto insurance rates. For example, 20-year-old drivers pay approximately $1,955 more each year for their Mitsubishi Lancer Evolution auto insurance than 30-year-old drivers.

Driver Location

Where you live can have a large impact on Mitsubishi Lancer Evolution insurance rates. For example, drivers in Los Angeles may pay $229 a year more than drivers in Houston.

Your Driving Record

Your driving record can have an impact on the cost of Mitsubishi Lancer Evolution car insurance. Teens and drivers in their 20’s see the highest jump in their Mitsubishi Lancer Evolution car insurance with violations on their driving record.

Mitsubishi Lancer Evolution Safety Features

The Mitsubishi Lancer Evolution safety features play a vital role in keeping passengers safe in crashes, but they can also help lower your Mitsubishi Lancer Evolution auto insurance rates. The Mitsubishi Lancer Evolution’s safety features include:

  • Electronic Stability Control (ESC)
  • ABS And Driveline Traction Control
  • Side Impact Beams
  • Dual Stage Driver And Passenger Seat-Mounted Side Airbags
  • Low Tire Pressure Warning
  • Dual Stage Driver And Passenger Front Airbags
  • Curtain 1st And 2nd Row Airbags
  • Airbag Occupancy Sensor
  • Driver Knee Airbag
  • Rear Child Safety Locks

Mitsubishi Lancer Evolution Insurance Loss Probability

Review the Mitsubishi Lancer Evolution car insurance loss probability rates for collision, property damage, comprehensive, PIP, MedPay, and bodily injury. The lower percentage means lower Mitsubishi Lancer Evolution auto insurance costs; higher percentages mean higher Mitsubishi Lancer Evolution auto insurance costs.

Insurance Coverage Category Loss Rate
Collision 125%
Property Damage 23%
Comprehensive 121%
Personal Injury no data
Medical Payment no data
Bodily Injury no data
Source: Insurance Institute for Highway Safety
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Mitsubishi Lancer Evolution Finance and Insurance Cost

If you are financing a Mitsubishi Lancer Evolution, most lenders will require your carry higher Mitsubishi Lancer Evolution coverages including comprehensive coverage, so be sure to compare Mitsubishi Lancer Evolution car insurance rates from the best companies using our FREE tool below.

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Ways to Save on Mitsubishi Lancer Evolution Insurance

There are many ways that you can save on Mitsubishi Lancer Evolution car insurance to get the best value possible. Below are five scenarios you can explore to help keep your Mitsubishi Lancer Evolution car insurance rates low.

  • Ask Your Insurance Company About Mitsubishi Lancer Evolution Discounts
  • Start Searching for New Mitsubishi Lancer Evolution Car Insurance a Month Before Your Renewal
  • Ask for a Mitsubishi Lancer Evolution Discount If You Have College Degree or Higher
  • Buy An Older Mitsubishi Lancer Evolution
  • Remove Young Drivers from Your Mitsubishi Lancer Evolution Insurance Plan

Top Mitsubishi Lancer Evolution Insurance Companies

Several insurance companies offer competitive rates for the Mitsubishi Lancer Evolution based on factors like discounts for safety features. Take a look at these top car insurance companies that are popular with Mitsubishi Lancer Evolution drivers organized by market share.

Rank Company Volume Market Share
1 State Farm $65,615,190 9.3%
2 GEICO $46,106,971 6.6%
3 Progressive $39,222,879 5.6%
4 Liberty Mutual $35,600,051 5.1%
5 Allstate $35,025,903 5.0%
6 Travelers $28,016,966 4.0%
7 USAA $23,483,080 3.3%
8 Chubb $23,388,385 3.3%
9 Farmers $20,643,559 2.9%
10 Nationwide $18,442,145 2.6%
Source: Insurance Information Institute
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Compare Free Mitsubishi Lancer Evolution Insurance Quotes Online

To start comparing Mitsubishi Lancer Evolution car insurance quotes for free, use our online car insurance comparison tool.

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