Mitsubishi Car Insurance Price List In India 2024

Updated On: 2023-03-29

Author : Team Policybachat

Mitsubishi Motors, founded in 1970, is a Japanese automobile manufacturer. Currently, Nissan owns one-third or 34% of the Mitsubishi brand which is thus a part of the Renault-Nissan-Mitsubishi alliance. The brand has its production facilities located in Japan, Thailand and the Phillipines. In 1998, the company had a joint venture with Hindustan Motors in the country. The cost of Mitsubishi car insurance varies depending on the type of policy that you choose to buy.

In India, Mitsubishi made its debut with the launch of the Lancer. Currently, the company’s product range is limited to models including the Outlander and the Pajero Sport Select Plus. In 2009, the brand introduced the i-MiEV, its first all-electric mini car with a lithium-ion battery. The Mitsubishi brand is well-known for its Mitsubishi Eclipse Cross, Mitsubishi EVO XI, Mitsubishi Mirage, Mitsubishi Pajero Sport 2020, Mitsubishi Xpander cars majorly.

Every car owner should opt for a car insurance plan while purchasing an Mitsubishi car. The insurance policy will protect the car by providing financial coverage in situations like a road accident, theft, or a mishap for loss or damage sustained by the car. The compensation against the damages or losses in an event of a collision or a mishap provides a huge sense of relief to policyholders.

Everyone cannot afford a car; hence, purchasing it is not that common in society. This increases the significance of car insurance as it can be difficult for many car owners to get their cars repaired after fire, accident, vandalism and so on. Therefore, you should pick a standalone own damage or a comprehensive car insurance plan to cope with such situations.

Mitsubishi Car Insurance Price in India

PolicyBachat offers a comprehensive Insurance policy that covers loss and damage to your Mitsubishi along with liability to third parties. It also provides personal accident cover to the insured. To know the estimated Mitsubishi car insurance cost of your brand new Mitsubishi car, all you have to do is fill in your car's Manufacturing year, and Mobile number to purchase it easily.

Mitsubishi Car Models Mitsubishi Car Model Variants IDV (Insured Declared Value) Zero Depreciation Cover Mitsubishi Car Insurance Price
Mitsubishi Lancer 1.5 L petrol LX 4.91 lakh 2703 19,174
Mitsubishi Cedia Select 7.43 lakh 2603 29,698
Mitsubishi Outlander New 15.30 lakh 10,716 50,541
Mitsubishi Challenger 2.8 Diesel 15.44 lakh 13,128 44,863

Reasons to Buy Mitsubishi Car Insurance Policy:

Some of the reasons why buying Mitsubishi insurance for your car is a Smart decision:

  • It provides own damage cover to safeguard your Mitsubishi car against damages or losses due to theft, natural calamities, accidents, fire, manmade hazards, etc.
  • The owner-driver of the Mitsubishi car is provided with a personal accident cover
  • It takes care of the high cost of repairing your Mitsubishi car.
  • Option to choose comprehensive or third party liability insurance for your Mitsubishi car.
  • It comes with a large network of garages where hassle-free cashless repairs are done.
  • It offers a wide range of add-on covers, such as return to invoice, NCB protection, zero depreciation cover, etc.
  • You can reach out to customer support services in case of any query or claim intimation.
  • It provides No Claim Bonus (NCB) reward if you drive your Mitsubishi car responsibly and do not file any claims.

How to Renew Mitsubishi Car Insurance?

You must renew your car insurance policy before its expiry. You can easily do that by following the Mitsubishi insurance renewal process. Here are the steps involved in the Mitsubishi insurance renewal process.

The car insurance renewal process has been made simple with PolicyBachat online portal car Insurance where the process is quite simple. Below is the process to renew your car insurance online.

  • Enter the required details like, Make and Model of Car,
  • Enter RTO & Registration date,
  • The premium from different insurance companies is displayed.

Select the best insurance company as per your requirements and proceed to the payment page. The instant policy would be available after the payment is completed.

Documents Required for Mitsubishi Car Insurance Claim

Following are the documents you will require for filing a claim for your Mitsubishi Car:

  • Claim Form
  • Copy of Registration Certificate
  • Copy of Driver’s Licence
  • Copy of Pollution Under Control Certificate (PUC)
  • Copy of FIR
  • Copy of PAN Card ( For claims higher than Rs. 1 lakh)
  • Satisfaction Voucher
  • Car Insurance Policy Document

Approach to get a Perfect Insurance for your Mitsubishi Car:

Since all Mitsubishi car series belong to the luxury class, taking full coverage is of utmost importance. Mitsubishi cars are packed with sophisticated gadgets and electronics as well as a fine quality exterior. Therefore, any small dents or gadget failures may prove to be heavy on your pocket. You should select the coverage in such a way that it covers all kinds of accidental cases and other issues. Since coverage is maximum, premiums and deductibles will also be very high. Hence any percentage of discounts on the premium will be a good relief.

Be judicious before buying insurance for your Mitsubishi car. Certain things that you can keep in mind before taking the policy are:

  • Since the car is a luxury one, Bumper-to-Bumper coverage is a must.
  • Explore the different coverage available and find out the one that is right for your car.
  • Compare the risks covered and the premiums being offered by different carriers through an Mitsubishi car insurance online insurance aggregator so that you can put your hand on the best deal, i.e., maximum coverage at a lesser premium.
  • Look for discounts being offered by different insurers and find out if you are eligible for any.

MITSUBISHI Car Insurance Premium Calculator:

Mitsubishi Motors Corporation is a Japanese automotive car maker headquarters in Minato, Tokyo. In October 2016,  34% of a stake is owned by Nissan, Mitsubishi Keiretsu owns 20% of the stake.  Mitsubishi is into different segments builds Commercial Trucks, Busses, Construction equipment.

In India, Mitsubishi Motors' head office is located in Chennai with an annual production of 30,000 units per annum. The most popular Mitsubishi car models are Mitsubishi Pajero Sports and Mitsubishi Montero roaring on Indian roads.

Benefits of Mitsubishi car insurance premium

Cashless claim: Get cashless claim settlement Pan India from the mentioned insurance carriers, cashless claim settlement is the hassle-free process for damaged claims.

Transparent claims: Get hassle-free claim settlement carriers at PolicyBachat, the right place to find genuine insurance companies.

Accidental damage repairs: Get the repairs and replacements done by insurance companies, a right Mitsubishi insurance plan avails you full claim for the damages.

Approved network garages: Get the repairs done at your nearest insurer network garages, you will get the list of network garages near your area at the time of claim registration.

No Claim Bonus reward: Get rewarded with no claim settlement with an NCB discount for renewal of the new policy. A percent of discount is deducted from the policy renewal premium.

Ways to avail discount on Mitsubishi Insurance Policy

  • Online web aggregator Policybachat.com provides you extensive discount options to save on your Mitsubishi insurance premium.
  • A safety Anti-lock braking system is equipped to avail a discount.
  • Safety restraint factory in-built systems like airbags, seatbelts save your money in terms of discounts.
  • Anti-theft devices and features secured equipment helps to avail the discount.
  • To know more about Mitsubishi cars and about the possible discount go through our online portal.

How to get the Lowest Premium for Mitsubishi

PolicyBachat provides you the best competing insurance plan for your Mitsubishi car. We compare the quotes from the top 20 insurance companies, you can take the right policy which provides the best deals. Premium is considered according to the variables included in it if you avail more add on covers your insurance premium will increase. Due to the increase in slab rate for the insurance category Mitsubishi's insurance cost in India is higher at 18%.

Get the bumper-to-bumper insurance plan if you need extensive coverage at the time of claim settlement and a comprehensive car insurance policy with a recommended add-on to minimize your Mitsubishi insurance calculate the premium amount.

Car insurance premium calculator is the ultimate tool provided by insurance companies. Every insurance company provides calculates car insurance quotes online. To know the exact premium on your vehicle fill out the mandatory fields about the vehicle and policy on the car insurance calculator page.

Policyholders are in hesitation that, “are the premium paid for the right policy?” A policyholder can clarify their doubts by comparing the list of car insurance premiums. A car insurance calculator is a valuable tool for every policyholder to configure the exact plan for their need.

With this online car insurance calculator buyers do no need to guess the premium amount, can evaluate policy through specifications, and buy the best insurance policy. An insurance calculator is useful to know the insurance cover limits, deductibles for the premium. Cashless garages are the list of network garages that are tied-up with the insurance company to provide cashless service to their customers.

How to buy a Mitsubishi Car insurance policy?

Before buying the policy firstly, a policyholder should compare the car insurance quotes from top companies to conclude the best Mitsubishi car insurance online. PolicyBachat.com is the right destination to compare the numerous insurance quotes in one place. Mitsubishi car insurance price is cheap if taken from the portal due to the good discounts offered by the insurance companies for policies booked online through our PolicyBachat registered office. Buy/Renew Mitsubishi car insurance policy online and save big!

PolicyBachat is an IRDA-certified Insurance Web Aggregators insurance company limited. Insurance is the subject matter of solicitation. We share your submitted information only with the insurers.

We give the best security to your submitted information also. We are providing the best health insurance, life insurance, etc from general insurance companies like royal Sundaram, HDFC ERGO, IFFCO TOKIO, etc.

Best Mitsubishi Car Insurance

Best Mitsubishi car insurance quotes can be sorted from our online portal where the basic process is to fill in the details of the applicant for quote generation such as type of car, RTO geographical location, registered date, email address of the applicant, name of the insured, phone number, etc.

Third-party premium rates are decided by IRDA and are subject to change each year depending on the previous year's premium collected, claims settled, and many other factors. The claims process covered in third-party liability is death and disability, property damage, and personal accident cover for car owner/driver under your car insurance policy.

Premium: Factors like model and age of the car, fuel type, your age, the city where you live, profession, cubic capacity, etc. depend on the premium amount you pay for car insurance. You can use your NCB points and other discounts to cut down on your premium.

Who provides the best Mitsubishi car insurance policy?

Getting Mitsubishi car insurance policy from different companies is a confusing task, unaware to analyze the genuine insurance company who provide hassle-free claims. Get car insurance quotes for Mitsubishi on PolicyBachat to avail optimum coverage.

Mitsubishi Car Models

The list of Mitsubishi car variants for new or used cars are:

Mitsubishi LANCER 2.0 GLD:

This car is loaded with significant features like a touch panel display audio system, 7 airbags, folding rear seats, electronically controlled AWC. It is one of the top safety picks for your ride.

PolicyBachat provides you insurance on this model through HDFC-ERGO, Bharti AXA, and L&T. These insurance providers offer insurance through their premium plans like standard and emergency assistance. The list given below reviews some of the sample premiums offer on Mitsubishi Lancer 2.0 GLD and mitsubishi pajero sport.

Mitsubishi Car Insurance FAQs:

What is Mitsubishi Car Prices in India?

Mitsubishi car price starts at Rs 8.24 lakh for the cheapest model which is Cedia and the price of most expensive model, which is Pajero Sport starts at Rs 3.29 Crore. Mitsubishi offers 2 car models in India, including 1 car in FTO category, 1 car in Outlander category. Mitsubishi car insurance prices in India will vary as per the Coverage Types, Fuel Variant, RTO, and Model variant, etc.

Car Model Car Price
Mitsubishi Cedia 8.24 lakh
Mitsubishi Challenger 20.25 lakh
Mitsubishi FTO 8.24 lakh
Mitsubishi Lancer 7.33 lakh
Mitsubishi Montero 67.8 lakh
Mitsubishi Outlander 26.93 lakh
Mitsubishi Pajero Sport 27.42 lakh

How to Buy Mitsubishi Car Insurance Online?

It will take less than 5 minutes to buy MITSUBISHI car Insurance policy. You can buy a car insurance policy online by visiting our website. We provide several car insurance policy premium quotes offered by different insurers from which you can choose one that suits your needs and budget.

As a car owner, you can easily buy MITSUBISHI insurance online:-

  • Go to the form on the top of the page
  • Fill up the details of your MITSUBISHI car such as RTO, model, engine capacity, fuel type, etc.
  • Provide your contact details including your name, email id, etc.
  • Choose the best insurance for MITSUBISHI car as per your requirements
  • Pay the MITSUBISHI insurance price online via net banking or bank debit/credit cards
  • Your motor insurer will issue your MITSUBISHI insurance online.

Is Mitsubishi worth buying?

If you are hesitating to buy it is likely because of the price on market. Mitsubishi cost more than some other models, but they also have features that you can’t get from any other manufacturer. These are some reasons why Mitsubishi’s are worth the expense in terms of quality, luxury, performance, and reliability.

What are the Mitsubishi Car Insurance Exclusions?

  • Driving without a valid driving license
  • Drunk driving the Mitsubishi car
  • Wear and tear of the car
  • Driving outside the geographical limit
  • Consequential loss of the car
  • Damages due to nuclear perils
  • Depreciation in the value of the Mitsubishi car
  • Damages due to war or related perils.

Why you should not buy a Used Mitsubishi Car?

  • Inexperienced owners means poor maintenance
  • A lot of jerks drive Mitsubishi’s
  • Electrical Problems
  • It’s a ticking time bomb
  • Mitsubishi makes more money selling parts
  • Well-document reliability issues
  • Cheaper parts
  • Enjoy the best years of the car, lease a new Mitsubishi
  • Old MITSUBISHIs should not be daily drivers

Why is it Important to Have Mitsubishi Car Insurance?

  • Covers for any damages/losses caused to the third party
  • Provides comprehensive car insurance coverage
  • Offers cashless transactions through network garages
  • Get end to end claims assistance

Why is Mitsubishi Car Insurance So Expensive?

Mitsubishi is known for manufacturing some of the most luxury cars in the world and hence they don’t come cheap. Engine is the major component of a car which decides the pricing. The vehicle must have high-end features that go above and below.

Which is the highest and lowest priced model in Mitsubishi?

Mitsubishi car model with car variant of Pajero Sport is the highest priced model in all Mitsubishi cars. Mitsubishi car model with car variant of Cedia is the lowest priced model in all Mitsubishi cars.

Compare and Buy Mitsubishi Car Insurance, If Need Help? call PolicyBachat at 1800-123-4003 and our insurance specialist will be there to assist you.

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