Mitsubishi Car Insurance

Mitsubishi models have numerous advanced features, and the cost of maintaining and repairing them is high. If you own this model and intend to take it on a trip, make sure it is insured. In the event of lapsed or solely third-party coverage, Tata AIG provides immediate coverage. Here is how:

• Go to the official website of Tata AIG. Select insurance for a 4-wheeler from the product category.

• On the next page, you will see "Renew" and "Get Price" as two choices.

• Tap "Renew" if you are here for renewal of Tata Mitsubishi insurance. After that, provide a vehicle registration number and then click the "Renew" option.

• New customers should click on "Get Price" and then share their Mitsubishi registration number on the new page before clicking on "Get Price."

• Fill out the renewal/purchase application form with the necessary details.

• Calculate your Mitsubishi's Insured Declared Value (IDV) using a car insurance calculator and enter the result by selecting it from the drop-down menu.

• Give specifics about your previous claims. In the event of a claim-free policy year, use your No Claim Bonus (NCB) to receive a premium discount of 20-50%.

• You will now see the applicable premium for the policy you selected. In the case of comprehensive and OD coverage, you can also select riders here for a small fee.

• Finally, pay by selecting one of the many digital transaction modes displayed on the screen.

• After completing the successful transaction, you will receive a soft copy of the policy in your mailbox. If the online process appears too complex, you can buy offline through AIG's nearest branch in your city or by contacting a registered motor insurance agent. However, keep in mind that the offline process may cost you a little more due to the involvement of a middleman and the stringent paperwork process.

Insurers provide three types of Mitsubishi motor insurance: comprehensive, third-party liability, and standalone own-damage coverage. Comprehensive insurance covers vehicle damage and third-party legal liabilities that arise from your Mitsubishi's involvement.

Third-party insurance provides only minimal protection and excludes coverage for vehicle damage. However, it is mandatory by law. OD cover offers financial protection against your car's repair bills, but it is only effective when purchased with third-party coverage.

The prices for the above coverage vary significantly. When it comes to third-party insurance, the Insurance Regulatory Development Authority of India (IRDAI) determines the premium based on the engine capacity of the vehicle. Your policy's OD portion price is set by the motor insurer. They determine the price after reviewing the car's make and model, manufacturing year, previous claims, and IDV. As a result, the premium for the same model varies for different policyholders.

Among all the factors that your insurer considers, IDV is critical. It is the maximum compensation you are entitled to in the event of damage exceeding 70% or theft. IDV is calculated by subtracting depreciation from the purchase price and can be found using an IDV calculator. However, keep in mind that if your car has a higher IDV, your insurance premium will be higher, and vice versa.

A standard car insurance policy covers the majority of unforeseeable incidents that cause damage to your vehicle. In case your car is parked in the garage or outside and a natural disaster, such as an earthquake, strikes, causing damage to your Mitsubishi, your insurer will cover the repair costs. However, there are still many instances where the policy provisions are invalid. For example, if your personal belongings are stolen from your car, your standard policy will not be of assistance. Similarly, if water intrusion damages the engine or there is leakage in it, you will be responsible for the repair costs. However, if you have already invested in riders, you won't have to worry about previous scenarios.

Riders are optional coverage, meant for specific situations. If your Mitsubishi is insured with AIG, you can pick from twelve different add-ons. These are–

• Roadside assistance cover

• Add-on for No Claim Bonus protection

• Daily allowance cover

• Key replacement cover

• Add-on for emergency hotel expenses and transport

• Add-on for repairs of plastic, glass, and fibre parts

• Engine secure cover

• Tyre secure cover

• Add-on for consumables expenses

• Rider for loss of personal belongings

• Return to Invoice cover

• Zero depreciation cover

Motor insurance provisions for four-wheelers differ from one insurer to the next. They all have their own claim settlement process, offer slightly different riders, and the coverage amount varies. Given this, you will have difficulty filing a claim if you do not read the policy wording and learn about the inclusions and exclusions.

If you have Tata AIG motor insurance for your Mitsubishi vehicle, the details of what is and what is not covered are explained below.

Mitsubishi may be loaded with features, but you can't deny that their service centres are limited. Repairing your damaged car will deplete your savings if you do not have insurance. Therefore, choosing your insurer wisely becomes even more crucial in this situation.

Here are the top reasons why Tata AIG is ideal for Mitsubishi.

• Tata AIG provides customer-centric services, as evidenced by the fact that they have served over five crore customers to date. Furthermore, the company is always striving to improve its products and services and make them available in underserved areas of the country.

• If you always choose insurers based on their claim settlement ratio, Tata AIG, with a percentage of 98, should be your first choice. The company has a quick reimbursement process, all thanks to its claim support team of 650 executives.

• The standard policy provisions do not apply in all scenarios. Given this, Tata AIG allows you to broaden your coverage by selecting from twelve different add-ons.

• Tata allows you to take advantage of 50% lower insurance premiums by driving carefully and accumulating NCB.

• Drive stress-free across the country with Tata AIG, and if any damage occurs, the company will take care of it by providing cashless repairs at over 8700 garages.

Mitsubishi is a Japanese automaker with eight vehicles attempting to make a place in the Indian four-wheeler market. This brand's most well-known vehicles are the Pajero and Montero. The latter has a 3200 cc engine with four cylindrical inline pistons. It has a five-speed automatic transmission and all-wheel drive. Montero has a front suspension with double wishbone coil springs and a stabiliser bar. The rear suspension is made up of multi-link coil springs and a stabiliser bar.

The other technical aspects of Mitsubishi's Montero are:

• ARAI-certified mileage of 11.56 km/litre

• Maximum torque of 202 PS @ 3800 rpm

• Maximum power of 202 PS @3800 rpm

• Boot space of 1050 litres

• Kerb weight of 2335 kg

• Ground clearance of 235 mm

• Fuel tank capacity of 88 litres

Mitsubishi provides vehicles ranging from sedans to premium SUVs. In India, it currently sells eight models. The Lancer is the entry-level model, and it costs Rs 7,33,000. The top model, Montero, can be purchased for Rs 67,88,000. The table below provides more information on the pricing of Mitsubishi models.

The above prices may vary by Indian states. Furthermore, they do not include additional charges, such as registration fees, road tax, and insurance.

As said earlier, Mitsubishi's product lineup includes vehicles ranging from sedans to seven-seater SUVs. And each of its models is equipped with many high-end features that are undeniably its selling points. Still, we have discussed the features of Montero, the top model of this brand, to give you a brief idea of the USP.

• The safety features of the Montero are undeniably good. There are six airbags in total, including curtain airbags and front passenger and driver-side airbags. You will also find hill assist, engine immobiliser, traction control, ABS and EBD, and door ajar warning.

• The interior of this car includes a heated front seat, adjustable steering column, multifunction steering wheel, cruise control, USB and Aux-in, and all rows adjustable headrests.

• Other features include an analogue instrumental console, multifunctional display, rain-sensing wipers, cooled glove box, and touch-sensitive infotainment screen.

Mitsubishi has produced some remarkable vehicles over the years, including the Pajero and Lancer. They have a wide range of four-wheelers in their lineup. If you are looking for the manufacturer's main rival, the list is lengthy. The following are some excellent four-wheelers that compete with this brand.

• Mahindra XUV 700

• Maruti Suzuki Grand Vitara

• Skoda Octavia

• Hyundai Tucson

• Mahindra Alturas G4

• Jeep Compass Trailhawk

• BYD Auto E6 Electric

• Jeep Compass

• Toyota Fortuner

• Hyundai Santa Fe