The average insurance costs for a Mitsubishi Lancer is $213 a month — or $2,556 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. Filter car insurance companies by your state to get a quote.
A 2017 Mitsubishi Lancer starts at a base price of $17,795. With the average insurance rate at $2,556 per year, the annual insurance cost–to–base car price ratio is 14.4%.
Model
Monthly insurance rate
Base car price
I-miev
$197.00
$22,995
Lancer
$213.00
$17,795
Mirage
$205.00
$12,995
Outlander
$213.00
$23,495
Outlander Sport
$185.00
$19,795
To determine our estimated cost, we aggregated quotes from insurance companies using this profile:
2017 Mitsubishi Lancer
10,001–15,000 miles driven yearly
No accidents in the past five years
Anti-theft device on vehicle
Driver located in New York
Good credit
Our estimated price is for the state required minimum coverage which includes bodily injury, property damage, uninsured motorist bodily injury and personal injury protection.
Other factors that can affect your auto insurance rate
The Mitsubishi Lancer’s model year
The vehicle’s trim
The amount of coverage you need
The estimated miles your drive in a year
The vehicle’s safety and anti-theft features
The driver’s credit score
The driver’s location
The driver’s age
The driver’s driving history in the past five years
The driver’s marital status
Your (or the driver’s) gender
Whether the driver rents, leases or owns the vehicle
Get the cheapest quotes for your Mitsubishi Lancer
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About the Mitsubishi Lancer
The Mitsubishi Lancer has been around since 1973. From 1973 to 2008, there has been over six million models sold worldwide. The compact car is known for its sharp handling, all wheel drive capability and low base price. Mitsubishi will stop production of the Lancer model, by August 2017, to focus more on crossover and SUV models.
Mitsubishi Lancer money-saving safety features
You could save money on car insurance for your Mitsubishi Lancer if it comes equipped with these safety features.
Anti-lock brakes
Stability control
Airbags
Seatbelt pretensioners
Anti theft system
How safe is the Mitsubishi Lancer?
The National Highway Traffic Safety Administration (NHTSA) awarded the Mitsubishi Lancer with a 4-Star Overall Safety Rating. The NHTSA gave four stars, out of five, for all crash tests performed on the Mitsubishi Lancer. The Insurance Institute for Highway Safety (IIHS) rated the small overlap front test as acceptable, the second highest rating. All other crash test performed by IIHS were rated as good, the highest possible rating.
The latest model of the Mitsubishi Lancer include antilock brakes, seat mounted side airbags and electronic stability control.
How does the Mitsubishi Lancer compare to other car models?
From a price standpoint, the Mitsubishi Lancer ranks right in the middle of our list of the 360 priciest car models to insure.
Roslyn McKenna Ayers is insurance manager at ValuePenguin and a former publisher at Finder, specializing in home and auto coverage. Her expertise and analysis has been featured on Bankrate, MSN and Reader's Digest. She holds a BA in writing and communications from Maryville College.
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