Are you a proud owner of a Mitsubishi Outlander in the Philippines? Whether you use your car for daily commutes or weekend adventures, it's crucial to protect it with the right insurance coverage. In this comprehensive guide, we'll cover everything you need to know about Mitsubishi Outlander car insurance in the Philippines, including the importance of car insurance, types of coverage available, how much it costs, and how to get the best deal.
Overview of Mitsubishi Outlander
The Mitsubishi Outlander is a popular mid-size SUV known for its spacious interior, comfortable ride, and advanced safety features. This versatile vehicle is perfect for families, outdoor enthusiasts, and anyone looking for a reliable and stylish SUV.
Importance of Car Insurance for Mitsubishi Outlander
Accidents and unexpected events can happen anytime, anywhere, and having car insurance is the best way to protect yourself and your vehicle from financial losses. In the Philippines, car owners are required by law to have Compulsory Third-Party Liability (CTPL) insurance, which covers the third party involved in an accident. However, CTPL insurance alone may not be enough to cover all damages and losses.
Comprehensive Car Insurance
Comprehensive car insurance is a type of coverage that protects your vehicle from damages caused by accidents, theft, fire, natural disasters, and other events. With comprehensive insurance, you can have peace of mind knowing that your vehicle is protected from unexpected situations.
How Much is Car Insurance for Mitsubishi Outlander in the Philippines?
The cost of car insurance for your Mitsubishi Outlander in the Philippines depends on several factors, including the age of the car, the location, the driver's age and driving experience, and the insurance coverage you choose.
Based on the updated price list from Philvex.com, as of November 18, 2024, the annual premium of comprehensive insurance of a Mitsubishi Outlander in the Philippines is ranging from ₱33,350.44 to ₱41,861.79 depending on the model years of your car between 2021 and 2022.
To provide you with the specific premium cost of your car, we have prepared a breakdown of the updated price ranges of each Mitsubishi Outlander variant together with the year manufactured. We highly encourage you to visit the details of the quotes by clicking the "View Quotes" link so that you can compare and contrast each quote from different insurance providers in the Philippines like Mercantile Insurance and Philippine British Assurance Company. Take note that these prices are subject to change based on the specific coverages you choose to include in your policy.
| Mitsubishi Outlander Variant | Year | Annual Premium Cost | |
|---|---|---|---|
| 2022 Mitsubishi Outlander Cross 2400cc Hybrid A/T AWD Crossover 5-Seater Quartz White Pearl | 2022 | ₱38,800.44 - ₱41,861.79 | View Quotes |
| 2021 Mitsubishi Outlander Cross 2400cc Hybrid A/T AWD Crossover 5-Seater Quartz White Pearl | 2021 | ₱33,350.44 - ₱35,952.88 | View Quotes |
If your car's model year is before 2021, we encourage you to submit a request for quotation so that insurance providers can offer you customized quotes tailored to your specific needs and circumstances.
It's important to note that while CTPL insurance is the minimum required by law, it's recommended to get comprehensive insurance to have full protection for your vehicle.
Options for Buying Car Insurance Online
One of the easiest and most convenient ways to buy car insurance in the Philippines is through online insurance comparison sites like Philvex.com. Here, you can compare quotes from different insurance companies and choose the best deal that fits your needs and budget.
Tips to Get the Best Car Insurance at the Lowest Price
Here are some tips on how to get the best car insurance at the lowest price for your Mitsubishi Outlander:
- Compare prices from different insurers - Make sure to compare the coverage and prices offered by different insurance providers to get the best deal. You can check out comparison sites like philvex.com to easily compare the prices and coverage.
- Opt for a higher deductible - Choosing a higher deductible can lower your monthly premium. Just make sure that you can afford to pay the deductible in case of an accident.
- Maintain a good driving record - Having a good driving record can lower your insurance premium. Avoid accidents and traffic violations to keep your driving record clean.
- Ask for discounts - Don't be afraid to ask for discounts. Some insurers offer discounts for having multiple cars insured, being a member of a certain organization, or having safety features installed in your car.
- Consider usage-based insurance - Usage-based insurance is a type of car insurance where the premium is based on how much and how well you drive. If you don't use your car frequently, this might be a good option for you.
Key takeaways
- Car insurance is important to protect you and your car in case of accidents or damages.
- Comprehensive insurance and CTPL are two important types of car insurance.
- Comparing prices and coverage from different insurers can help you get the best deal.
- Maintaining a good driving record and asking for discounts can lower your premium.
- Usage-based insurance is a good option for those who don't use their car frequently.
Conclusion
Getting car insurance is a must for car owners in the Philippines. It provides protection and peace of mind in case of accidents or damages. When getting car insurance for your Mitsubishi Outlander, make sure to compare prices and coverage, maintain a good driving record, and ask for discounts. By following these tips, you can get the best car insurance at the lowest price.
