Protecting your car with insurance is one of the most important things you should do as a new or even as a second-hand car owner. It acts like an invisible layer of defense against unwanted expenditures in the unfortunate event of an accident. Aside from this, car insurance can also protect your finances as well in case something should come up, more importantly, it can also help you get your vehicle back on the road with only a minor cash out to your insurance provider. With that said, here is what you can expect to pay if you want to keep your Mitsubishi Montero Sport insured in the Philippines.
If you want to get your hands on a great car insurance policy today, then we highly recommend that you check out our insurance calculator. There you will be able to see the policies offered by our partnered insurance providers and you can even get a quote from them for free with only a few clicks of your computer.
What kind of insurance should I get?
While there are many options to choose from in the insurance market, the most basic form you can get is a third-party liability. While this is the most affordable form of insurance you can get, we still highly recommend that you get comprehensive insurance instead as it gives you better coverage if you end up in an accident with your vehicle.
When choosing your insurance policy, it is important to remember that each provider will offer you a unique and substantial set of features that come with your policy. However, these features come at a price as your insurance premium will go up the more features you add to your policy. While these features may seem expensive at first, you will be thankful that you got them, if you end up in an accident that involves major parts to be replaced with your car. A repair without car insurance can be very costly compared to a repair with an insurance policy in place.
How much does it cost to comprehensively insure the Mitsubishi Montero Sport?
Since the Mitsubishi Montero Sport has multiple variants to choose from its pricing will vary per variant and insurance provider. However, here is a rough estimate of what you can expect to pay for the SUV based on the quotations from our car insurance partners. At its most affordable a Mitsubishi Montero Sport will cost between P27,000 to P32,000 per year to get comprehensive coverage for it. While at its most expensive, the SUV will cost you between P41,000 to P50,000 a year for a comprehensive insurance policy.
Here is a breakdown of the budget you will need to prepare based on our insurance provider’s quotations from our insurance calculators. Note that these prices are based on the most expensive policies available in place of the lowest amount of coverage. These listings also don’t include computations for special colors available with Mitsubishi Montero Sport. With that in mind, we highly encourage you to check out our calculator to compare and contrast other potential offers that might catch your eye from our selection of car insurance providers.
Mitsubishi Montero Sport GLX 4x2 MT - P32,632.44 per year
Mitsubishi Montero Sport GLS 4x2 AT - P36,639.05 per year
Mitsubishi Montero Sport GT 4x2 AT - P41,136.67 per year
Mitsubishi Montero Sport GT 4x4 AT - P50,014.06 per year
These quotes come from our car insurance providers Mapfre, Malayan, Fortuner General, and FPG Insurance. Remember that each of these policies comes with its own unique set of benefits and perks as well as a difference in pricing. With that in mind, we highly recommend that you compare what these policies offer and check out the benefits that each offers to see which one will best suit your needs and your budget.
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