2016 Mitsubishi Lancer Car Insurance Calculator

Find out how different factors affect the cost of insurance for a 2016 Mitsubishi Lancer. Change your location, homeowner status, credit score, and policy coverages plus many other factors. Get instant feedback how changes you make impact the rate.

The average estimated car insurance premium for a 2016 Mitsubishi Lancer is $1,838 per year, or about $153 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$1,838

Cost Per Month

$153

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Mitsubishi Lancer Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2016 Mitsubishi Lancer.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$1,838
Average Rate
Your Rate
$1,838

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2016 Mitsubishi Lancer trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2016 Mitsubishi Lancer is $1,838.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2016 Mitsubishi Lancer vs. the Small Car Segment

The table below compares insurance rates for the 2016 Mitsubishi Lancer against all other models in the small car segment. The Mitsubishi Lancer is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Mitsubishi Lancer, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mitsubishi Lancer.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2016 Mitsubishi Lancer Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Smart Fortwo$1,254-$584
2Chrysler Fiat 500$1,360-$478
3Honda Fit$1,386-$452
4Toyota Yaris$1,394-$444
5Nissan Versa$1,396-$442
6Ford Fiesta$1,408-$430
7Subaru Impreza$1,472-$366
8Scion IM$1,488-$350
9Chevrolet Spark$1,500-$338
10Hyundai Accent$1,504-$334
11Volkswagen Golf$1,518-$320
12Mazda 3$1,538-$300
13Scion IA$1,540-$298
14Honda CR-Z$1,576-$262
15Honda Civic$1,586-$252
16Nissan Sentra$1,590-$248
17Kia Rio$1,612-$226
18Toyota Corolla$1,628-$210
2016 Small Car Average$1,636-$202
19Nissan Leaf$1,642-$196
20Toyota Prius$1,644-$194
21Hyundai Veloster$1,650-$188
22Chevrolet Sonic$1,668-$170
23Volkswagen Beetle$1,694-$144
24Volkswagen GTI$1,706-$132
25Chevrolet Volt$1,708-$130
26Chevrolet Cruze$1,712-$126
27Volkswagen EOS$1,716-$122
28Kia Forte$1,724-$114
29Ford Focus$1,744-$94
30Hyundai Elantra$1,760-$78
31Scion FR-S$1,778-$60
32Mitsubishi Lancer$1,838--
33Volkswagen E-Golf$1,852$14
34Volkswagen Jetta$1,924$86
35Dodge Dart$1,968$130
36Scion TC$2,022$184
37Toyota Mirai$2,036$198

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2016 Lancer Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 Mitsubishi Lancer.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2016 Mitsubishi Lancer Insurance Rates by Trim Level
2016 Mitsubishi Lancer Trim Level Annual Premium Cost Per Month
ES Sedan$1,768$147
SE Sedan$1,864$155
GT Sedan$1,880$157

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2016 Mitsubishi Lancer for different driver ages.

2016 Mitsubishi Lancer Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$6,786$566
17$6,497$541
18$5,678$473
19$5,223$435
20$3,960$330
21$3,777$315
22$3,357$280
23$2,806$234
24$2,627$219
25$2,130$178
30$1,948$162
35$1,894$158
40$1,838$153
45$1,732$144
50$1,646$137
55$1,538$128
60$1,540$128
65$1,638$137
70$1,802$150
75$2,158$180
80$2,670$223

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Mitsubishi Lancer trim levels.