Mitsubishi i-MiEV insurance rates
Shedding light on car insurance prices
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The average insurance costs for a Mitsubishi i-MiEV is $197 a month — or $2,364 a year. Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year and other factors.
A 2017 Mitsubishi i-MiEV starts at a base price of $22,995. With the average insurance rate at $2,364 per year, the annual insurance cost–to–base car price ratio is 10.3%.
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The Mitsubishi i-MiEV has been around since 2009, but the car was introduced into the United States market in 2012. The Mitsubishi i-MiEV is the first mass produced electric car that could used on a modern highway. The electric car is known for its smooth ride and low base price. From 2009 to the middle of 2016, there were over 37,000 sales worldwide.
Insurance companies determine the insurance cost for a Mitsubishi i-MiEV based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver’s history and location. Mitsubishi shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. Mitsubishi i-MiEV shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.
You could save money on car insurance for your Mitsubishi i-MiEV if it comes equipped with these safety features.
The National Highway Traffic Safety Administration (NHTSA) awarded the Mitsubishi i-MiEV with a 4-Star Overall Safety Rating. The NHTSA gave four stars, out of five, for the frontal crash test and the rollover test. The government organization gave a three star rating for the side crash test.
The latest model of the Mitsubishi i-MiEV include side impact beams, seat mounted side airbags and electronic stability control.
From a price standpoint, the Mitsubishi i-MiEV ranks right in the middle of our list of the 360 priciest car models to insure.
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