Buying car insurance is a must for every car owner, including those who drive a Mitsubishi Mirage. This compact car is known for its fuel efficiency, affordability, and practicality, making it a popular choice among Filipino drivers. In this article, we will provide you with a comprehensive guide to purchasing car insurance for your Mitsubishi Mirage in the Philippines. We will cover car model and variants, year of manufacture, insurance coverage, premium rates, factors that affect insurance premiums, purchasing car insurance, and more.
Car Model and Variants
The Mitsubishi Mirage is available in several variants, including GLX, GLX Plus, GLS, and GLS Plus. The GLX and GLX Plus come with a 1.2-liter engine, while the GLS and GLS Plus have a 1.2-liter MIVEC engine. The GLX and GLS variants are available in either manual or CVT transmission, while the GLX Plus and GLS Plus come with a CVT transmission only.
Year of Manufacture
The cost of car insurance for a Mitsubishi Mirage in the Philippines varies depending on the year of manufacture. Typically, the newer the car, the higher the insurance premium. As of 2023, the latest model year for the Mitsubishi Mirage in the Philippines is 2022.
Insurance Coverage
There are different types of car insurance coverage available in the Philippines, including third-party liability, comprehensive, and Acts of God coverage. Third-party liability is the minimum required coverage by law and only covers damages and injuries you cause to others. Comprehensive coverage, on the other hand, provides protection for your car and other parties involved in an accident. Acts of God coverage is an additional coverage that protects your car from natural disasters, such as floods and typhoons.
Premium Rates
The cost of car insurance premiums for a Mitsubishi Mirage in the Philippines varies depending on the coverage type, car model and variant, and year of manufacture. As of 2023, the average annual premium for a Mitsubishi Mirage ranges from PHP 11,000 to PHP 20,000, depending on the coverage type and other factors.
Factors that Affect Insurance Premiums for Mitsubishi Mirage
Several factors can affect the cost of car insurance premiums for your Mitsubishi Mirage, including your age, driving experience, driving history, car usage, location, and safety features. Generally, younger drivers and those with less driving experience are charged higher premiums. A good driving record, a low annual mileage, and the installation of safety features, such as airbags and anti-theft devices, can help reduce insurance premiums.
Why You Need Comprehensive Car Insurance
Comprehensive car insurance is highly recommended for Mitsubishi Mirage owners, especially those who want to protect their investment and drive with peace of mind. Comprehensive coverage provides protection for your car against damages caused by accidents, theft, fire, and natural disasters. It also covers third-party liability, personal accident, and legal liability.
Purchasing Car Insurance for Mitsubishi Mirage
There are several ways to purchase car insurance for your Mitsubishi Mirage, including through insurance agents, brokers, and online marketplaces. Online marketplaces, such as PhilVex.com, offer a convenient and hassle-free way to compare car insurance policies and rates from different insurance providers. Here are the steps to buying car insurance online using PhilVex.com:
- Go to PhilVex.com. Under financing, click on "Car Insurance."
- Enter your car details, including the make, model, and year of your Mitsubishi
- Click "View Quotes", this will list all available quotations offered by insurance partners.
- Select your preferred quote, adjust coverage to suit your insurance needs.
- Then click "Apply Now", this will open a new tab with a form to fill-out necessary details and upload documents.
- Then click "Submit Application", once approved you will be notified thru email by the insurance partner for the online payment.
With Philvex, you can compare car insurance policies from multiple insurers and find the best deals and discounts available in the market. The website also features an easy-to-use interface that allows you to customize your coverage options and compare quotes from different insurers. Once you have customized your coverage options, you can submit your purchase application and pay online in just three easy steps, all within minutes!
To provide you with an estimate of the cost of comprehensive car insurance for the variants of the 2022 Mitsubishi Mirage, 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 Mirage G 1200cc Gas M/T FWD Hatchback 5-Seater | ₱11,078.09 - ₱11,805.13 | 2022 | View Quotes |
| Mitsubishi Mirage G 1200cc Gas A/T FWD Hatchback 5-Seater | ₱11,732.10 - ₱12,514.20 | 2022 | View Quotes |
| Mitsubishi Mirage G 1200cc Gas A/T FWD Hatchback 5-Seater Touchscreen | ₱11,816.86 - ₱12,606.13 | 2022 | View Quotes |
* Freshly updated as of 30 Mar 2023
So, if you own a Mitsubishi Mirage and are looking for car insurance coverage, consider using Philvex to compare quotes and find the best deal for your vehicle.
Comprehensive Car Insurance for Mitsubishi Mirage
Comprehensive car insurance is an optional type of coverage that provides protection for your car against a wide range of risks, including theft, fire, vandalism, and natural disasters. It also covers damages to your car caused by collisions with animals and falling objects.
While comprehensive car insurance is not required by law, it can provide peace of mind knowing that your car is protected from a range of potential risks. If you have a newer Mitsubishi Mirage or if you rely heavily on your car for transportation, comprehensive car insurance may be a wise investment.
Final Thoughts
In conclusion, car insurance is an essential investment for any car owner, including those who own a Mitsubishi Mirage. By understanding the factors that affect insurance premiums and taking the time to compare quotes and coverage options, you can find the right policy for your needs and budget. With the convenience of online insurance shopping through Philvex.com, you can easily purchase car insurance for your Mitsubishi Mirage from the comfort of your home.
