Automobile Insurance for Mitsubishi – Bankrate.com

Car insurance is necessary to cover the cost of damage or injury in a car accident. An accident can result in hundreds or even thousands of dollars in damages. With good insurance, you can reduce your financial burden after an insured loss. Although coverage requirements vary, most states require vehicle owners to have insurance.

According to latest Quadrant Information Services premium data, Americans pay an average of $ 1,674 per year for auto insurance. This varies greatly depending on the various evaluation factors that make up an insurance premium. The most important factors are age, license and place of residence. In addition, companies set tariffs based on the particular vehicle an insured person drives. This is because vehicles have different values ​​and safety ratings. For example, a luxury car is worth more money than an economy car and will most likely result in a higher claim for repairs or replacements. But every company makes different offers, even for the same person or for the same type of vehicle. As a starting point for the comparison, we offer average prices below.

  • Mitsubishi Eclipse
  • Mitsubishi Mirage
  • Mitsubishi Outlander
  • Mitsubishi Outlander Sport

Car insurance for Mitsubishi: by model

Mitsubishi car insurance Average annual fully comprehensive premium
Mitsubishi Eclipse $ 1,557
Mitsubishi Mirage $ 1,780
Mitsubishi Outlander $ 1,719
Mitsubishi Outlander Sport $ 1,677

The cheapest car insurance for Mitsubishi Eclipse

The Mitsubishi Eclipse was introduced in 1990 and discontinued in 2011 when Mitsubishi introduced its first electric car. However, the Eclipse made its comeback almost a decade later as the Eclipse Cross. This revamped model is a compact SUV and starts at $ 23,395 for the 2022 model. USAA beats the competition on average for the cheapest annual premium for minimum coverage and full coverage. However, it is only available to members of the military, veterans, and their immediate family members. Geico and Amica are close runners-up.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 351 $ 1,116
Geico $ 373 $ 1,310
District farm $ 439 $ 1,290
Erie $ 430 $ 1,383
Amica $ 379 $ 1,229

Cheapest car insurance for Mitsubishi Mirage

The Mirage is small, yet accommodating with four doors and a hatchback. Its MSRP of $ 14,295 makes it a great economical option for those on a budget who are looking for a car. Mirage owners could count on USAA, Amica, or Erie for the cheapest average and full coverage premium on average.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 323 $ 1,157
Geico $ 378 $ 1,351
District farm $ 505 $ 1,406
Erie $ 395 $ 1,313
Amica $ 345 $ 1,387

Cheapest car insurance for Mitsubishi Outlander

This SUV is Mitsubishi's largest vehicle and offers great value. The latest addition to the line, the Outlander PHEV, is a hybrid with impressive technology and performance. It can be driven while charging and runs on gas only as a last resort. The Outlander starts at $ 36,295. On average, USAA offers the cheapest annual eligible member premium for both minimum and full coverage. Erie and Geico may be the next best choice for those looking for full coverage.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 351 $ 1,177
Geico $ 381 $ 1,370
District farm $ 487 $ 1,494
Erie $ 379 $ 1,367
Amica $ 367 $ 1,382

The cheapest car insurance for Mitsubishi Outlander Sport

The subcompact version of the Outlander, the Sport, has an MSRP starting at $ 20,995. It offers six different equipment packages to meet different consumer needs and shares many of the same technology features as the Outlander PHEV. Sport model owners have multiple carrier options for minimal and full coverage at an affordable price.

Car insurance Average annual premium for minimum coverage Average annual premium for fully comprehensive insurance
USAA $ 349 $ 1,095
Geico $ 369 $ 1,295
District farm $ 478 $ 1,384
Erie $ 380 $ 1,260
Amica $ 367 $ 1,355

Other vehicle insurance coverage for Mitsubishi

When buying auto insurance for your Mitsubishi, remember that you have many options. The choice is yours as to which insurance company you choose and which insurance options you choose. There is a basic minimum coverage, which is usually the cheapest option. However, this coverage is rarely enough to cover more serious accidents. Insurance experts recommend choosing more coverage to make sure you are fully protected. Higher liability limits and full coverage for repairs or replacements for your car can ease the financial burden of an accident.

The minimum coverage refers to the minimum amount of motor insurance that can be purchased for legal driving. The advantage of over-the-minimum coverage is that you can make a claim for damage to your vehicle. When people talk about full coverage, it often means that your policy includes full and collision coverage. Collision, as the name suggests, allows you to file a claim if you collide or collide with another vehicle, person, or stationary object. Compressive provides financial protection against damage outside of a collision such as fire, theft, or a tree falling on your car. You can choose your deductible, which is typically between $ 500 and $ 2,000.

You can also add rental car insurance, road emergency insurance, and accidental death insurance. Fully comprehensive insurance is one of the best ways to ensure that you and your Mitsubishi are fully insured. Regardless of whether you have owned your car for a long time or are switching to a Mitsubishi, it is important to compare the rates on your insurance policy.

methodology

Bankrate uses Quadrant Information Services to analyze 2021 rates for all postcodes and airlines in all 50 states and Washington, DC Coverage Limits:

  • $ 100,000 personal injury liability per person
  • $ 300,000 liability per accident
  • $ 50,000 property damage liability per accident
  • $ 100,000 personal injury from an uninsured motorist per person
  • $ 300,000 personal injury to an uninsured driver per accident
  • $ 500 deductible in case of collision
  • $ 500 deductible

In order to set the minimum coverage limits, Bankrate has used minimum coverage that meets the requirements of the individual states. Our drivers with a basic profile own a 2019 Mitsubishi of the following models, commute five days a week and drive 12,000 miles a year:

  • Mitsubishi Eclipse
  • Mitsubishi Mirage
  • Mitsubishi Outlander
  • Mitsubishi Outlander Sport

These are sample rates and should only be used for comparison purposes.

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