Alyssa Lane
The Mitsubishi Eclipse is a great value car for all budgets, with a retail price that is often a third less than the average cost of a new vehicle in the US. While the purchase price is low, car insurance prices tend to be higher than average when compared to other vehicles on the market. For example, liability insurance for the Mitsubishi Eclipse is about $24 more per month than average, while full coverage is $3 more per month. However, there are ways to save on insurance premiums, such as taking advantage of safety features, safe driving discounts, and bundling policies.
| Characteristics | Values |
|---|---|
| Average insurance cost for Mitsubishi Eclipse | $51 a month |
| Average insurance cost for Mitsubishi Eclipse (liability insurance only) | $83 a month |
| Average insurance cost for Mitsubishi Eclipse (full coverage) | $169 a month |
| Average insurance cost for Mitsubishi Eclipse with one accident on record | $115 a month |
| MSRP for Mitsubishi Eclipse | $19,499 |
| Average insurance cost for Mitsubishi Eclipse (Liability insurance) compared to other vehicles | $24 more per month |
| Average insurance cost for Mitsubishi Eclipse (Full coverage) compared to other vehicles | $3 more per month |
| Insurance company with the most affordable rates for Mitsubishi Eclipse | Aspire |
| Average annual miles driven by Mitsubishi Eclipse drivers | 10,671 |
| Average annual miles driven by all vehicles | 11,617 |
| Insurance company offering discounts for Mitsubishi Eclipse | Lemonade |
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What You'll Learn
Mitsubishi Eclipse insurance costs vary by model year and state
The insurance costs of a Mitsubishi Eclipse vary based on several factors, including the model year and state. For example, according to Lemonade, Mitsubishi Eclipse insurance in 2024 can cost approximately $51 per month. However, this amount can differ based on various factors.
The cost of insuring a Mitsubishi Eclipse is influenced by the specific model year of the vehicle. For instance, the insurance rates for a 2012 Mitsubishi Eclipse may differ from those for a newer or older model year. Additionally, the state in which the vehicle is insured plays a role in determining the cost. Insurance rates can vary from state to state due to factors such as local regulations, accident rates, and weather conditions.
When it comes to insurance costs, the Mitsubishi Eclipse is considered a good value for budget-conscious consumers. While the purchase price of the Eclipse is typically lower than the average vehicle MSRP in the United States, insurance prices tend to be slightly higher compared to other vehicles on the market. For example, liability insurance for the Eclipse is about $24 more per month than average, while full coverage is approximately $3 more per month.
However, it's important to note that insurance rates for the Mitsubishi Eclipse can be influenced by various factors beyond the model year and state. Driving history, safety features, and the chosen insurance provider can all impact the cost of insurance. For example, a single accident on a driver's record can significantly increase insurance rates, with Mitsubishi Eclipse drivers paying an average of $115 per month with an accident history.
Additionally, insurance companies may offer discounts or promotions that can lower the cost of insurance for a Mitsubishi Eclipse. For instance, Lemonade car insurance provides opportunities for savings through safe driving, bundling policies, and hybrid/EV discounts in certain states.
In summary, while the Mitsubishi Eclipse insurance costs can vary by model year and state, it is important to consider the various factors that contribute to insurance rates. These factors include driving history, safety features, and the availability of discounts or promotions from insurance providers. By considering these factors and comparing rates across different insurance companies, Mitsubishi Eclipse owners can make informed decisions to find the best coverage and value for their vehicles.
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The Mitsubishi Eclipse is a budget-friendly car
The Mitsubishi Eclipse is a great budget-friendly option for those looking to purchase a car. With a starting price of $19,499 for the 2012 model, it is a third less than the average price of a new vehicle in the US, which is $37,225. A used Eclipse will be even more affordable, as there haven't been any new models released in recent years.
When it comes to insurance, the Mitsubishi Eclipse is also a cost-effective choice. While insurance prices for the Eclipse are slightly higher than average, with liability insurance costing about $24 more per month, and full coverage $3 more per month, it is still a great value for money. For example, full coverage insurance for the Eclipse averages $169 per month, while liability-only insurance averages $83 per month. Additionally, certain insurance companies, like Aspire, offer even lower rates, with liability-only coverage as low as $30 per month.
Compared to other vehicles on the road, the Mitsubishi Eclipse's insurance rates are quite competitive. Eclipse owners pay around the same as the average for liability insurance and slightly less for full coverage insurance. When compared to other Mitsubishi models, the Eclipse is also more affordable, with premiums about 6% lower.
It's worth noting that insurance rates can vary based on factors such as driving history, state, and model year. For instance, a single accident on record can significantly increase insurance rates, with Eclipse drivers paying an average of $115 per month in this case. However, safe drivers can take advantage of discounts offered by insurance companies, and bundling policies or opting for a higher deductible can also lower costs.
Overall, the Mitsubishi Eclipse is a fantastic choice for those seeking a budget-friendly car, offering a low purchase price and competitive insurance rates.
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Car insurance prices are higher than average
Car insurance prices for the Mitsubishi Eclipse are higher than average when compared to other vehicles on the market. Specifically, liability insurance for the Mitsubishi Eclipse is about $24 per month more than average, while full coverage is $3 more per month. For example, in 2024, it is expected to cost roughly $51 a month to insure a Mitsubishi Eclipse. This is compared to the average of $83 per month for liability insurance and $169 per month for full coverage.
However, compared to other Mitsubishi models, the Eclipse is slightly less expensive, with premiums about 6% lower. Similarly, when compared to other vehicles of a similar body style, Eclipse coverage is less expensive than average, with liability insurance prices the same and full coverage $8 cheaper.
There are several ways to save on Mitsubishi Eclipse insurance premiums. Firstly, safe driving can help keep insurance rates low, as insurance rates will increase if accidents or tickets are incurred. Secondly, safety features such as anti-lock braking systems, alarms, and airbags can help lower insurance costs. Additionally, insurance companies may offer discounts for certain customer segments, such as hybrid/EV discounts or bundling policies with other insurance offerings.
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Liability insurance is $24 more per month than average
The Mitsubishi Eclipse is a great value for any budget, with a purchase price that is on the lower end of the spectrum. A new Eclipse retails at $19,499, which is a third less than the average vehicle MSRP in the US. A used Eclipse will be even lower in price, as there hasn't been a new model in the market for a few years.
However, while the purchase price is low, car insurance prices for the Mitsubishi Eclipse are higher when compared to other vehicles on the market. Specifically, liability insurance for a Mitsubishi Eclipse is about $24 per month more than average, while full coverage is $3 more per month. This means that, on average, liability insurance for an Eclipse is $83 per month, and full coverage is $169 per month.
It is worth noting that insurance rates can vary depending on factors such as the driver's coverage level, driving history, and state, as well as the model year of the Eclipse. For example, Mitsubishi Eclipse drivers with a single accident on their record pay an average of $115 per month, which is $32 more than the average rate. Additionally, the insurance company and the specific policy chosen can also impact the cost of insurance. For instance, Aspire offers liability-only coverage for the Eclipse for as low as $30 a month on average.
When considering the insurance costs for a Mitsubishi Eclipse, it is important to factor in the higher-than-average insurance prices when compared to other vehicles. This additional cost may offset some of the savings made on the purchase price of the vehicle.
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Full coverage is $3 more per month than average
The Mitsubishi Eclipse is a great value for any budget, with an MSRP that is a third less than the going rate for a new vehicle. While the average vehicle MSRP in the US is $37,225, the Eclipse retails at just $19,499. A used Eclipse will be even lower, as there hasn't been a new model added to the market in recent years. While the purchase price is on the lower end of the spectrum, car insurance prices are higher when compared to other vehicles on the market.
Liability insurance for a Mitsubishi Eclipse is about $24 per month more than average, while full coverage is $3 more per month. That means full coverage auto insurance for an Eclipse will cost about $169 per month, while liability-only insurance typically averages around $83 monthly. The most affordable car insurance company for an Eclipse is Aspire, which offers liability-only coverage for as low as $30 a month, on average.
Compared to other vehicles of a similar body style, Eclipse coverage is less expensive than average, with liability insurance prices averaging the same rates but full coverage insurance rates coming in at $8 cheaper than other cars. Mitsubishi Eclipse insurance in 2024 can cost roughly $51 a month, varying by model year, state, and other factors.
It's important to note that insurance rates can vary based on various factors such as driving history, state, and coverage level. Accidents and tickets can also impact insurance rates, with accidents typically resulting in higher costs than tickets.
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Frequently asked questions
On average, it costs $169 per month to insure a Mitsubishi Eclipse with full coverage, while liability-only insurance costs around $83 per month. Compared to other vehicles on the road, insurance rates for the Mitsubishi Eclipse are around average.
The insurance cost of a Mitsubishi Eclipse can vary depending on the driver's profile, including their age, gender, driving history, and state of residence. Additionally, factors such as safety features, driving behaviour, and the use of insurance apps can also impact the insurance cost.
Yes, there are a few ways to save on Mitsubishi Eclipse insurance. Some insurance companies offer discounts for safe drivers, and certain safety features, such as anti-lock braking systems, alarms, and airbags, can also help reduce costs. Additionally, bundling insurance policies, such as car and renters insurance, can often result in lower rates.
