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Mitsubishi Lancer Evolution Insurance Rates

You have many choices when comparing insurance rates on your Mitsubishi vehicle. You can buy direct from an insurance agent or go online to compare rates from insurance providers. Shopping for auto insurance by comparing rates online can be fast and easy, in addition you may find lower rates.

If shopping for auto insurance online is new to you, you may be confused by the hoards of companies selling insurance. Finding a better price on auto insurance can be quick and easy. Consumers just need to spend a few minutes to compare quotes provided by online insurance companies. This is very easy and can be done by comparing rates here.

Criteria which help determine Mitsubishi insurance rates

Insurance premiums on a Mitsubishi Lancer Evolution can be significantly different depending on several factors. A few of these criteria are:

  • Higher performance Lancer Evolution vehicles cost more
  • How many accidents you have had
  • Whether you insure your home with the same company
  • Pleasure use vs. commuting use
  • Optional coverages like vehicle replacement
  • Whether or not you have claims
  • No coverage lapses saves money
  • Owning a home can lower rates

One important consideration that will help determine your rates is the age of the vehicle. Newer models have a higher replacement value compared to older Mitsubishi models so the cost to replace them may end up costing you more. Conversely, newer models have more advanced features such as forward-collision avoidance, adaptive cruise control, and active head restraints that may help lower rates.

To get a better idea how much rates will be for your vehicle, select the year of your Lancer Evolution from the following list.

Auto liability insurance - This coverage protects you from injuries or damage you cause to people or other property by causing an accident. Liability coverage protects against claims such as funeral expenses, loss of income, and emergency aid. Coverage is generally pretty cheap so buy as large an amount as possible.

Collision coverages - Collision coverage pays for damage to your Mitsubishi resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in. Collision coverage for your Lancer Evolution can be pricey, so you might think about dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive insurance - This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it's not worth much more than your deductible consider dropping full coverage.

Uninsured and underinsured coverage - This coverage protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP) - Med pay and PIP coverage pay for bills like ambulance fees, surgery, and doctor visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay.

How Much are Mitsubishi Lancer Evolution Insurance Rates?