About $2,249 a year for full coverage on a national average — 56% more than the $1,438 average car. Insurers rate the Mitsubishi Lancer at an index of 156 where 100 is a typical vehicle, based on how often and how expensively these cars actually generate claims (latest data covers 2015-2017).
The premium isn't spread evenly across the Mitsubishi Lancer: Medical payments — medical bills for you and passengers — carries its highest loss index at 208, while Comprehensive sits at 141. Those 67 points are the real reason behind the price, and they are the part a quote form never shows you. Against what the car is worth the bill looks different again: a 2016 Lancer sells for a median $4,950, so a year of cover costs 45.4% of the car's value. Over 11 generations of data the index has fallen from 167 (2004-2006) to 156 (2015-2017). Calculated from 23 insurance-loss records and live US listing prices.
Why a Lancer costs what it does
Insurers don't price a car with one number — they track losses separately for each kind of cover. An index of 100 is the average vehicle, so anything above means this model generates costlier claims of that type:
Read it as «where the money goes». A high Collision figure means these cars are expensive to repair after a crash; a high Comprehensive figure points at theft, weather and vandalism instead. Estimated annual split at $2,249: Liability (BI + PD) $1,080 · Collision $630 · Comprehensive $270 · Other (UM / PIP) $270.
How it changed by generation
Insurance-loss index of the Lancer across every generation in the data. Newer isn't automatically cheaper — driver-assist systems cut crash frequency, while sensors and aluminium panels push repair bills up:
Each point averages every recorded variant of that generation. The Lancer has become cheaper to insure over time (-11 points).
What a Lancer costs by state
Where you park matters as much as what you drive. The Lancer's index applied to each state's average premium — the same car, the same cover, different postcode:
| State | Lancer est. / yr | vs national |
|---|---|---|
| Florida | +39% vs US | |
| Louisiana | +38% vs US | |
| New York | +32% vs US | |
| District of Columbia | +26% vs US | |
| Georgia | +21% vs US | |
| Texas | +20% vs US | |
| Wisconsin | -30% vs US | |
| Hawaii | -31% vs US | |
| Idaho | -32% vs US | |
| North Dakota | -33% vs US | |
| Vermont | -33% vs US | |
| Maine | -36% vs US |
Six priciest and six cheapest states shown. Figures are the state's average premium scaled by the Mitsubishi Lancer's loss index of 156 — your own quote also depends on age, record, deductible and ZIP.
Mitsubishi Lancer insurance — frequently asked
How much is insurance for a Mitsubishi Lancer?
About $2,249 a year for full coverage at the national average, versus $1,438 for a typical car. That's the model's insurance-loss index of 156 applied to the US average premium.
Why is the Lancer expensive or cheap to insure?
For the Mitsubishi Lancer the costliest area is Medical payments at an index of 208, covering medical bills for you and passengers — against 141 for its cheapest. Insurers set premiums from claim history like that, not from the sticker price — which is why the Mitsubishi Lancer lands at 156, not at what it costs new.
Is that a lot relative to the car's value?
A year of cover is 45.4% of what a 2016 Lancer sells for — $2,249 against a median price of $4,950. Cheap cars often show a higher percentage even when the dollar premium is lower, and at 45.4% the Lancer sits on the expensive side of that trade.
Does its safety rating lower the premium?
Not directly. The Lancer holds 4 stars from NHTSA, but crash-test performance and repair cost are priced separately — a car can protect occupants well and still be costly to fix.
Where does this data come from?
Insurance-loss indices published for real vehicles, combined with NAIC state average premiums. It's claim history, not a quote engine — so it shows what these cars actually cost insurers rather than what one company would offer you.
Will my own quote match this?
Treat it as a baseline for the car itself. Your figure also moves with age, driving record, deductible, mileage and ZIP code — the same Lancer can differ by hundreds between two drivers.
How we work this out
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