Mitsubishi Auto Insurance
Mitsubishi is a legacy brand that originated in Japan in the late 1800s. The company is known for producing reliable vehicles with affordable price tags, so Mitsubishi car insurance quotes tend to be reasonable.
The Mitsubishi brand is popular in Canada, and there are plenty of models on the road today. The vehicles have few safety concerns, making them a solid choice for families.
Mitsubishi vehicles also generally drive well. These cars are also noted for superb traction control and comfortable driving, making them an excellent choice for harsh Ontario winters.
A Brief History of Mitsubishi
Yataro Iwasaki founded the Mitsubishi shipping company in 1873. In 1917, the company became Mitsubishi Motors Corporation and soon began exporting cars all over the world. It quickly outgrew the local Japanese market, and now Mitsubishi has a formidable presence in thirty countries, including Canada.
In 2016, another giant of Japanese innovation, Nissan, purchased a 34% share of Mitsubishi and incorporated it into the Renault-Nissan Alliance, which also included the South Korean company, Renault Samsung Motors.
Mitsubishi has teamed up with other prominent car manufacturers over the years, including Suzuki, Volkswagen, and Volvo. The company tends to excel in these collaborative efforts, using the opportunities to widen its sphere of influence as a whole.
Is Insurance for Mitsubishi Vehicles in Canada Expensive?
Mitsubishi car insurance quotes vary significantly, depending on what province you are in, and what model you purchase. Insurance for Mitsubishis also fluctuates by demographic and driving history.
Safety-conscious, mature drivers will generally enjoy lower rates. However, drivers of all ages typically pay less than they would with another brand. Since family-friendly vehicles affiliate closely with the Mitsubishi brand, insurance companies take that into account when calculating quotes.
Insurance for Mitsubishi vehicles remains relatively static across the board, but one option is more expensive—the Mitsubishi Galant.
This particular model has statistically been involved in more accidents than most models, so it is usually more costly to insure. Even so, your driving record and age factor into your quotes more than your preferred Mitsubishi model.
According to Ontario law, you need to have accident benefits rolled into your insurance coverage. You don’t technically need collision coverage, but it’s helpful if you are travelling long distances or use your vehicle often.
Most Popular Mitsubishi Vehicles
Mitsubishis are popular vehicles in Canada, and while a few are more common than others, you are sure to see many models on the road.
If you are wondering which Mitsubishi is right for you, this list is an excellent starting point:
Mitsubishi i-MiEV
This electric car is an eco-friendly option that appeals to Canadians from all walks of life. Its sleek, five-door, hatchback design is appropriate for both families and those living the single life. Electric vehicles are gaining greater popularity worldwide, and this model proves that Mitsubishi has its finger on the pulse in a notoriously competitive industry.
Mitsubishi Mirage
The sturdy Mitsubishi Mirage has plenty of cargo space and can handle rough terrain with ease. It’s an excellent vehicle to explore the wild reaches of Canada in northern Ontario, but it handles just as well in the urban centers of the province, making it a fantastic pick for adventurers.
Mitsubishi Lancer
This compact car is one of the most popular in the country, and notable for its excellent gas mileage. It also provides superb handling in rain or icy conditions, which is why so many drivers have adopted it as a favourite.
Many people have expressed that the Mitsubishi Lancer is exceptionally easy to drive in Ontario’s treacherous winter conditions, which is a huge advantage for locals.
Mitsubishi RVR
The RVR is a sports utility vehicle and one of the best in its class. It handles city streets and the great outdoors with equal finesse. Many owners attest to the model’s longevity, driving the Mitsubishi RVR for several years without the need for any substantial repairs.
Does Mitsubishi Have a Good Safety Rating?
One aspect that will seriously influence how much your Mitsubishi auto insurance costs is the safety rating of the model you choose.
Mitsubishi vehicles generally have favourable safety ratings since they are fully equipped with front and side airbags, traction control for icy conditions, and child safety locks. However, Mitsubishi implicated itself in a few separate recalls in the past, mostly due to problems with airbag deployment, and windshield defrosters.
The brand also featured in a massive vehicle defect coverup in the early 2000s, leading to the recall of 163,707 cars in total. It is thought to be one of the biggest scandals in Japanese auto manufacturing history, and caused tremendous legal problems for the company, to say nothing of its tarnished reputation.
Mitsubishi quickly worked to address the scandal. It began implementing procedures that would increase transparency and never allow suppression of that magnitude to happen again.
On the positive side, Mitsubishi takes safety claims seriously, and often address recalls in a timely fashion, making sure problematic cars are off the road. That commitment to safety certainly factors into a good rating—all car manufacturers have trouble from time to time.
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If you want the best price on your Mitsubishi car insurance, our industry experts can help. We scour insurance quotes from Canada’s top providers to find the lowest Mitsubishi auto insurance prices possible. If you are in the market for a new Mitsubishi in Canada, feel free to give us a call and save on your car insurance today.
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