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• How Much is Mitsubishi Car Insurance in the Philippines?

How Much is Mitsubishi Car Insurance in the Philippines?

Mitsubishi is among the most visible car brands in the Philippines. After all, anything made by the Japanese is considered top-notch in terms of quality. So, if you’re planning to buy a car, don’t hesitate to include Mitsubishi in your list of prospective brands.

When computing the overall costs of a vehicle, it’s wise to always factor in the car insurance prices. Insurance is something that you should never forego, knowing that danger lurks in all sides and corners of the road.  

To help you come up with a wise yet practical decision, here’s a rundown of the cheapest annual premiums for Mitsubishi car insurance in the Philippines.

The Cheapest Mitsubishi Car Insurance in the Philippines

Mitsubishi L300 Cab and Chassis Car Insurance Price

Cheapest Annual Premium: PHP 10,687 (2021 Mitsubishi L300 Cab and Chassis 2.2L Diesel M/T)

The L300 may be that boxy, plain vehicle that’s often considered designed for business people. While its appearance seems unchanging over the decades, its reliability can never be contested. Its purpose-centric being has certainly turned it into one of the most iconic Mitsubishi vehicles.

Priced at around PHP 800,000, this van has the cheapest insurance in this list. Despite the fact that it doesn’t have high-tech safety features, such as a blind-spot detection system and cruise control, its ergonomics and utility make up for them. Also, its roomy cabin can accommodate up to 17 people or kilos of products.

Mitsubishi Mirage Car Insurance Price

Cheapest Annual Premium: PHP 12,216 (2021 Mitsubishi Mirage GLX 1.2L Gas M/T)

Tiny yet big on features―that’s what best describes the Mitsubishi Mirage. Firstly, this compact car is unlike any other in the category because of its sleek, sporty, and streamlined shape. And despite its size, it can comfortably seat up to five people.

With an affordable price range between PHP 704,000 and PHP 765,000, the Mirage is Mitsubishi’s cheapest car. It’s also cheap to insure since you’ll only have to shell out around PHP 12,000 a year or roughly PHP 1,000 a month.

The Mirage’s insurance cost is affordable mainly because of its safety features. These include the following: driver and front passenger airbags, child safety locks, anti-lock braking system, rear seat belts, door ajar warning, side impact beams, and engine check warning.

Mitsubishi Mirage G4 Car Insurance Price

Cheapest Annual Premium: PHP 14,175 (2021 Mitsubishi Mirage G4 GLX 1.2L Gas M/T)

If you love the sporty appeal of the Mitsubishi Mirage but wish that it had an extra trunk, then the Mirage G4 is for you. This sedan retains the qualities that Filipinos love about the original Mirage: affordability and fuel-efficiency.

The modern iteration of the Mirage G4 has sleek fabric interiors and a rather advanced infotainment system. If you’re all for smartphone-car integration, the Mirage G4 features Apple CarPlay and Android Auto. As for safety, it has airbags for the driver and the passenger, as well as an immobilizer.

If you have a baby in the family, this car can complement your little one’s safety needs with the ISOFIX. Moreover, it also has pretensioners, which automatically tighten the front seat belts to restrain the driver and the front passenger in the event of a collision.^[1]

Mitsubishi Xpander Car Insurance Price

Cheapest Annual Premium: PHP 17,505 (2021 Mitsubishi Xpander GLX 1.5L Gas M/T FWD)

Who says that multi-purpose vehicles or MPVs have to sport a boring, conservative look? The Mitsubishi Xpander is a far cry from its predecessor, the Adventure, as it has an edgy and bold silhouette. But the Xpander doesn’t only have the looks; it’s also loaded with powerful features.

For one, its 1.5L gas engine designed with MIVEC technology ensures that you’ll have a fuel-efficient drive. It can seat up to seven people, which makes it a good choice for a family car. Moreover, the seats in the third row can be converted into a cargo area. When it comes to safety, it has airbags for the driver and the front passenger, electronic brake distribution, immobilizer, and electronic door locks. And for your convenience, the Xpander comes with cruise control.^[2]  

Despite being one of the more expensive cars from Mitsubishi, the Xpander’s insurance premium is quite reasonable. You’ll only have to pay around PHP 1,400 per month or around PHP 17,000 per year.

Read more:

• Switching Car Insurance Companies: Step-by-Step Guide
• The Higher Costs of Lower Premiums

Mitsubishi Strada Car Insurance Price

Cheapest Annual Premium: PHP 20,883 (2021 Mitsubishi Strada GT 2.4L Diesel A/T AWD)

If you’re after a muscular pick-up, the Mitsubishi Strada can satisfy your need for a tough appeal. With a 2.4L engine, the Strada can churn out a power output of 179 hp and a torque of 430 Nm. This makes an ideal choice for your weekend trips in the country or even for cruising around the city.

The Strada is also loaded with safety features, which include the following: airbags for the driver and the front passenger, side airbags, curtain airbags, electronic brake distribution, immobilizer, security alarm, and speed-sensing door locks.

Mitsubishi Montero Sport Car Insurance Price

Cheapest Annual Premium: PHP 31,558 (2021 Mitsubishi Montero Sport GT 2.4L Diesel A/T RWD)

One of the best-selling SUVs in the country, the Montero Sport is one reliable car that has outstanding off-road capabilities. Its modern beauty is impossible to ignore, a factor that has turned it into a status symbol.

While it’s a massive SUV, it’s actually fuel-efficient. Its engine is packed with power, too, as it can churn out a maximum output of 179 hp and a torque of 430 Nm. It can seat up to seven people, making it an ideal family car or a vehicle for weekend warriors who bring a lot of items with them.

When it comes to safety and security features, the Montero Sport boasts the following: airbags for the driver and the front passenger, side airbags, curtain airbags, electronic brake distribution, speed-sensing electronic door locks, and ISOFIX.

As the Montero Sport’s price ranges from PHP 1,568,000 to PHP 2,298,000, expect that its insurance premium will be expensive, too. Nevertheless, its cheapest annual insurance is a little over PHP 31,000.  

Read more: How to Save Money on Car Insurance Premium

Mitsubishi Outlander Car Insurance Price

Cheapest Annual Premium: PHP 47,904 (2021 Mitsubishi Outlander PHEV 2.4L Hybrid A/T)

Priced at PHP 2,998,000, the Outlander PHEV is easily Mitsubishi’s most expensive car. Despite the hefty price tag, it promises you big savings in the long run, as its 2.4L engine paired with hybrid technology ensures fuel efficiency. This is also possible with its battery and electric motors. The Outlander PHEV can also connect to a standard wall socket, which makes charging it as easy as a smartphone.^[3]

The unit is equipped with advanced safety features, from airbags to a blind-spot detection system. It also has a security alarm, stability control, speed-sensing electronic door locks, lane departure warning system, and immobilizer.

Read more: What Specific Components are in Your Car Insurance Policy?

Final Thoughts

Thanks to their unique designs and rich features, Mitsubishi vehicles always make a great choice whether for your first, second, or third car. If you decide to go for a particular model, check the cost of Mitsubishi car insurance in the Philippines first.

Saving on insurance costs means picking the right car trim and features. But you can also find the lowest price of car insurance when you have the ability to see all the options available. We can help you with that!

Use our comparison tools to see the packages offered by the top car insurance companies in the country. You may also use our end-to-end car insurance services if you want to save time and effort.  

Where to Get a Free Car Insurance Quote

Below is a list of top car insurance companies and their features. Compare your options and get a free quote from Moneymax!

Car Insurance Company	Features
MAPFRE Insular	10 years of casa eligibility 366 accredited repair shops PHP 5,000,000 maximum total sum insured Overnight accommodation - Yes, up to PHP 3,000 Towing - Yes, up to PHP 5,000 Vehicle removal crane services - Yes, up to PHP 10,000
Malayan Insurance	3 years of casa eligibility 58 casa repair shops PHP 7,500,000 maximum total sum insured Overnight accommodation - Yes, up to PHP 1,000 Towing - Yes, up to PHP 4,000 Vehicle removal crane services - Yes, up to PHP 8,000
New India Assurance	10 years of casa eligibility 30 accredited repair shops PHP 3,500,000 maximum total sum insured Overnight accommodation - Yes, up to PHP 1,500 Towing - Yes, up to PHP 4,000 Vehicle removal crane services - Yes, up to PHP 10,000
Prudential Guarantee	10 years of casa eligibility PHP 3,000,000 maximum total sum insured Overnight accommodation - Yes, up to PHP 2,000 Towing - Yes, up to PHP 5,500 Vehicle removal crane services - Yes, up to PHP 15,000
SGI Philippines	5 years of casa eligibility 36 accredited repair shops PHP 5,000,000 maximum total sum insured Overnight accommodation - Yes, up to PHP 2,000 Towing amount - Yes, up to PHP 5,000 Vehicle removal crane services - PHP 10,000
Stronghold Insurance	10 years of casa eligibility 167 accredited repair shops PHP 3,000,000 maximum total sum insured
The Mercantile Insurance Corporation	10 years of casa eligibility 77 accredited repair shops PHP 5,000,000 maximum total sum insured Overnight accommodation - Yes, up to PHP 2,000 Towing - Yes, up to PHP 5,000 Vehicle removal crane services - Yes, up to PHP 10,000

Sources:

• ^[1] Mirage G4 Features
• ^[2] Xpander Features
• ^[3] Outlander PHEV Features

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Venus Zoleta

Venus is the Head of Editorial Content at Moneymax, with 15+ years of experience in digital marketing, corporate communications, PR, and journalism. She invests in stocks, mutual funds, VUL, and Pag-IBIG MP2. Outside of work, she’s crazy about cats and Korean dramas. Follow Venus on LinkedIn.