Car insurance for Mitsubishi

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Car insurance is necessary to cover the cost of damages or injuries in the event of an auto accident. One accident could lead to hundreds or even thousands of dollars in damages. With a good insurance plan, you could reduce your financial burden following a covered loss. Although the coverage requirements are different, most states require vehicle owners to have insurance.

On average, Americans pay $1,674 per year for auto insurance, according to up-to-date premium data from Quadrant Information Services. This varies greatly depending on the different rating factors that make up an insurance premium. The most impactful factors include age, driving record and residence. Additionally, companies set rates based on the particular vehicle an insured 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 to repair or replace. But every company gives different quotes, even to the same person or for the same vehicle type. We provide average rates below as a starting point for comparison.

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

Car insurance for Mitsubishis: by model

Mitsubishi Car Insurance Average annual full coverage premium
Mitsubishi Eclipse $1,557
Mitsubishi Mirage $1,780
Mitsubishi Outlander $1,719
Mitsubishi Outlander Sport $1,677

Cheapest car insurance companies for Mitsubishi Eclipse

The Mitsubishi Eclipse was introduced in 1990, then 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 in cheapest annual premium for minimum coverage and full coverage, on average. However, it is only available to military members, veterans and their immediate family. Geico and Amica are close runner-ups.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $351 $1,116
Geico $373 $1,310
State Farm $439 $1,290
Erie $430 $1,383
Amica $379 $1,229

Cheapest car insurance companies for Mitsubishi Mirage

The Mirage is subcompact, yet still accommodating with four doors and a hatchback. Its MSRP of $14,295 makes it a great economical option for drivers on a budget in search of a car. Owners of the Mirage could rely on USAA, Amica or Erie for the cheapest premium for minimum and full coverage, on average.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $323 $1,157
Geico $378 $1,351
State Farm $505 $1,406
Erie $395 $1,313
Amica $345 $1,387

Cheapest car insurance companies for Mitsubishi Outlander

The largest vehicle from Mitsubishi, this SUV packs a lot of value. The line’s latest addition, the Outlander PHEV is a hybrid with impressive technology and performance. It can be driven while charging and only runs on gas as a last resort. The Outlander starts out at $36,295. On average, USAA offers the cheapest annual premium for qualifying members on both minimum and full coverage. Erie and Geico may be the next best choice for those in search of full coverage.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $351 $1,177
Geico $381 $1,370
State Farm $487 $1,494
Erie $379 $1,367
Amica $367 $1,382

Cheapest car insurance companies for Mitsubishi Outlander Sport

The subcompact version of the Outlander, the Sport has a MSRP starting at $20,995. It offers six different trim packages to cater to different consumers’ needs and has many of the same technology features as the Outlander PHEV. Owners of the sports model have several carrier options for both minimum and full coverage at an affordable price.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $349 $1,095
Geico $369 $1,295
State Farm $478 $1,384
Erie $380 $1,260
Amica $367 $1,355

Other car insurance coverage for Mitsubishis

When purchasing an auto policy for your Mitsubishi, keep in mind that you have lots of options. You have a choice in what insurance company you choose, as well as the coverage options you select. There is basic minimum coverage available, which is typically the cheapest option. However, this coverage is rarely enough to cover more severe accidents. Insurance professionals recommend selecting more coverage to make sure you are fully protected. Higher liability limits and full coverage to repair or replace your car could relieve the financial burden of an accident.

Minimum coverage refers to the least amount of car insurance purchasable to drive legally. The advantage of adding coverage beyond the minimum is that you can file a claim for damages done to your vehicle. When people refer to full coverage, they often mean that your policy has comprehensive and collision coverage. Collision, as the name implies, allows you to file a claim if you collide or crash with another vehicle, person or stationary object. Compressive provides financial protection against damages outside of a collision such as fire, theft or a tree falling on your car. You get to select your deductible, and it will typically range from $500 to $2,000.

Additionally, you could add rental car coverage, emergency roadside and coverage for accidental death. Having full coverage insurance is one of the best ways to make sure you and your Mitsubishi are fully covered. Whether you have owned your car for a while or are switching to a Mitsubishi, be sure to shop and compare rates for your insurance policy.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Mitsubishi of the following models, commute five days a week and drive 12,000 miles annually:

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

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

Written by
Kay Irvin
Personal Finance Writer
Kay has two years of writing for insurance domains such as bankrate.com and mytopinsuranceblogs.com. She has written about auto and life insurance and was a licensed insurance agent for 10 years.
Edited by
Insurance Editor