Mitsubishi Montero Sport is a popular SUV model in the Philippines, known for its powerful engine, spacious interior, and sleek design. As a car owner, you want to keep your vehicle protected from accidents, theft, and other damages that can occur on the road. That's where car insurance comes in. In this guide, we'll discuss the importance of having car insurance for your Mitsubishi Montero Sport, the technical details of different types of car insurance coverage, and how to get the best insurance coverage at the lowest price.
Overview of the Mitsubishi Montero Sport
The Mitsubishi Montero Sport is a mid-size SUV that is available in the Philippines. It has a 2.4-liter turbocharged diesel engine that delivers 179 hp and 430 Nm of torque. It has a sleek design with a strong, streamlined face and protective bumpers. It also features a Super Select II 4WD system, which allows drivers to switch between different driving modes for better traction and control. It also comes with a Black Series edition that features black accents on the exterior and interior.
Importance of Car Insurance
Car insurance is important for Mitsubishi Montero Sport owners in the Philippines for several reasons. First, it is required by law to have at least Compulsory Third-Party Liability (CTPL) insurance to protect other people in case of an accident. Second, comprehensive car insurance provides additional protection for your own vehicle, covering damages from accidents, theft, fire, and natural disasters. Finally, car insurance can provide peace of mind for car owners, knowing that they are financially protected from unexpected expenses.
Types of Car Insurance Coverage
There are different types of car insurance coverage available in the Philippines, including:
- Compulsory Third-Party Liability (CTPL) Insurance: This is the minimum requirement for car insurance in the Philippines. It covers the liability of the vehicle owner or driver in case of death or bodily injury to a third party.
- Third-Party Liability (TPL) Insurance: This covers the liability of the vehicle owner or driver in case of death, bodily injury, or property damage to a third party.
- Comprehensive Insurance: This provides coverage for damages to your own vehicle, as well as third-party liability.
How much does it cost to insure a Mitsubishi Montero Sport?
The premium for your Mitsubishi Montero Sport car insurance in the Philippines will depend on several factors, including the type of coverage you choose, your age, driving history, and location. On average, the annual premium for comprehensive car insurance for a Mitsubishi Montero Sport can range from Php 25,000 to Php 50,000.
Options for Buying Car Insurance Online
When buying car insurance online in the Philippines, you have several options. One of the best websites to compare car insurance options is Philvex.com. This website allows you to compare different insurance policies and premiums from multiple insurance providers, helping you find the best coverage at the lowest price.
To provide you with an estimate of the cost of comprehensive car insurance for the variants of the 2022 Mitsubishi Montero Sport, we have compiled a list of updated prices from Philvex.com. You can refer to this list by adjusting the year filter to see how premiums may vary based on the year you select.
| Variant | Premium Cost | Year | |
|---|---|---|---|
| Mitsubishi Montero Sport GLX 2400cc Diesel M/T RWD SUV 7-Seater | ₱21,481.54 - ₱23,084.58 | 2022 | View Quotes |
| Mitsubishi Montero Sport GLX 2400cc Diesel M/T RWD SUV 7-Seater White Diamond | ₱21,602.65 - ₱23,215.90 | 2022 | View Quotes |
| Mitsubishi Montero Sport GLS 2400cc Diesel A/T RWD SUV 7-Seater | ₱23,419.32 - ₱25,185.53 | 2022 | View Quotes |
| Mitsubishi Montero Sport GLS 2400cc Diesel A/T RWD SUV 7-Seater White Diamond | ₱23,540.43 - ₱25,316.84 | 2022 | View Quotes |
| Mitsubishi Montero Sport GT 2400cc Diesel A/T RWD SUV 7-Seater | ₱25,841.54 - ₱27,811.72 | 2022 | View Quotes |
| Mitsubishi Montero Sport GT 2400cc Diesel A/T RWD SUV 7-Seater White Diamond | ₱25,962.66 - ₱27,943.03 | 2022 | View Quotes |
| Mitsubishi Montero Sport GT 2400cc Diesel A/T AWD SUV 7-Seater | ₱30,322.66 - ₱32,670.16 | 2022 | View Quotes |
| Mitsubishi Montero Sport Black Series 2400cc Diesel A/T RWD SUV 7-Seater Black Series | ₱26,447.10 - ₱28,468.27 | 2022 | View Quotes |
| Mitsubishi Montero Sport GT 2400cc Diesel A/T AWD SUV 7-Seater White Diamond | ₱30,443.76 - ₱32,801.47 | 2022 | View Quotes |
* Freshly updated as of 21 Mar 2023
To get the best car insurance at the lowest price, it's important to do your research and compare prices and coverage from different insurance companies. Some companies may offer discounts or promotions, so it's essential to check for these as well. Additionally, you can opt for a higher deductible, which can lower your premiums but may require you to pay more out-of-pocket in case of an accident.
Key Takeaways:
- CTPL is mandatory insurance required by law in the Philippines, while comprehensive insurance offers additional protection to you and your vehicle.
- When buying car insurance online, you can visit individual insurance company websites or use comparison websites such as philvex.com to compare prices and coverage from different insurance providers.
- To get the best car insurance at the lowest price, it's important to do your research, compare prices and coverage from different insurance companies, and look for discounts or promotions.
Final Thoughts
In summary, having car insurance for your Mitsubishi Montero Sport is essential for protecting yourself and others in case of accidents or unforeseen events. When buying car insurance online, make sure to consider both CTPL and comprehensive coverage, compare prices and coverage from different insurance companies, and look for discounts or promotions to get the best car insurance at the lowest price.
