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First published on February 14, 2025

2 minute read

Updated By Vitalii Starov on September 4, 2026

MyChoice follows a strict content review process designed to ensure reliable and unbiased information.

Mitsubishi Motors is a Japanese automaker that historically has been known for performance cars and success in rally racing. Today, its line-up consists exclusively of SUVs. While the automaker operated independently for decades, it entered an alliance with Renault and Nissan in 2016 that has allowed it to benefit from shared development and vehicle platforms. The cost to insure a Mitsubishi in Ontario can vary widely depending on whether the car in question is a newer SUV or an older, discontinued, or classic model. Parts availability, theft experience, and a driver’s claims history and location can affect each quote differently, among other factors.

Based on MyChoice internal quote data, this page compares Mitsubishi premiums by model and Ontario city, reviews new-versus-used planning figures and places the brand among mainstream alternatives. It also covers policy choices involving collision, comprehensive, rental transportation, deductibles and replacement-cost protection.

Mitsubishi Insurance Snapshot for Ontario Drivers

Mitsubishi’s make-level median insurance premium cost is $2,235 per year, 5% below the $2,345 all-vehicle benchmark. Among model-specific median estimates, the discontinued Lancer ES is the least expensive to insure at about $1,843 and the Outlander GT AWD is the most expensive at about $2,170. 

Median Mitsubishi
premium (Ontario)
$2,235
Mitsubishi vs Ontario
all-vehicle median
-5%
Cheapest Mitsubishi
model to insure in Ontario
Lancer ES (~$1,843)
Most expensive Mitsubishi
model to insure in Ontario
Outlander GT AWD (~$2,170)
Cheapest alternatives to insureMazda ($2,124), Toyota ($2,197),
MINI ($2,003), GMC ($2,017)
Source: MyChoice Quote Database, 2026

The Cheapest Mitsubishi to Buy Is Not the Cheapest to Insure

In our city-specific median quote estimate data, a 2023 Mirage in Brampton has the lowest original listed price at $15,643 but the highest annual insurance premium at $3,445. By comparison, a 2025 Eclipse Cross in Sudbury is worth more than twice as much but costs only $1,579 to insure. This shows that postal code can be just as influential a data point in insurance quoting as a car’s outright value.

CityModelModel YearList PriceMedian Annual
Car Insurance Premium
London, ONOutlander GT AWD2022$43,761$2,372
Sudbury, ONEclipse Cross SE AWD2025$34,542$1,579
Brampton, ONMirage ES2023$15,643$3,445
Ottawa, ONRVR SE AWD2017$28,767$1,595
Toronto, ONLancer ES 4Dr2013$21,362$1,930
Source: MyChoice Quote Database, 2026

What Changes When You Insure a New or Used Mitsubishi

A used Mitsubishi is estimated to cost $2,143 per year to insure, compared with $2,302 for a new one. That is a saving of $159 per year, or about $13 per month. Because the difference is modest, the exact model, trim, repair costs, and theft history may affect the premium more than vehicle age alone.

VehicleMedian Annual
Car Insurance Premium
New Mitsubishi$2,302
Used Mitsubishi$2,143
Source: MyChoice Quote Database, 2026

Mitsubishi Beside Ontario’s Mainstream Alternatives

Mitsubishi’s median annual premium of $2,235 is almost identical to those of Toyota and Subaru at $38 more and $37 less respectively. Even Mazda, the cheapest brand shown, is only $111 less per year. However, factors such as specific models, age and condition can produce quotes that would alter these rankings.

Car brandMedian Annual
Car Insurance Premium
Mazda$2,124
Toyota$2,197
Mitsubishi$2,235
Subaru$2,272
Kia$2,299
Honda$2,303
Nissan$2,320
Volkswagen$2,506
Hyundai$2,684
Source: MyChoice Quote Database, 2026

Mitsubishi’s Current SUV Lineup

As outlined on the Mitsubishi Motors Canada website, the brand’s current range is centred on three SUVs. The Outlander and Outlander PHEV (plug-in hybrid) are Mitsubishi’s flagship compact SUVs. The Eclipse Cross is a slightly smaller compact SUV,  and the 

RVR is Mitsubishi’s entry-level subcompact SUV. Mitsubishi’s Super All-Wheel Control (S-AWC) all-wheel drive system, which is standard on

Straight Answers About Mitsubishi Insurance

How safe are current Mitsubishi vehicles?

According to Mitsubishi Motors Canada, Mitsubishi Motors Canada lists 11 airbags, active stability control, forward-collision mitigation, rear automatic emergency braking and blind-spot warning as standard on the current Outlander PHEV. Safety equipment and independent crash-test results vary by model, trim and model year, so check the exact vehicle rather than applying one rating to the brand.

Is auto insurance mandatory for a Mitsubishi in Ontario?

According to FSRA, FSRA explains that Ontario vehicle owners must carry the coverages required by provincial law. The requirement is the same for a Mitsubishi as for another brand; collision, comprehensive and endorsements are optional choices whose availability and terms depend on the policy.

What should an Ontario driver budget for Mitsubishi insurance?

Ontario drivers can budget approximately $2,235 per year, or $186 per month, for Mitsubishi insurance based on MyChoice’s internal quote data.

Methodology

Sample Size

We analyzed over 50,000 auto insurance quotes across Canada.

Profiles

Average rates were calculated using a standard profile and incident profiles. All personal details pertaining to the quotes and policies have been kept confidential.

Standard Profile

Single driver, one car, currently insured, and a pristine driving record. Our base profile is a 35-year-old individual (both male and female) with a spotless driving record.

Incident Profiles

We examined how rates change by evaluating profiles with a clean record (standard), one at-fault accident, a single speeding ticket, license suspension for alcohol related offenses and insurance cancellation due to non-payment.

Age and Homeownership

Profiles from age 18-65 (standard: 35 years) were considered. Depending on age, individuals might rent or own their homes. Age-related regulations may vary across provinces.

Team

MyChoice data science, MyChoice research.

Sources

1. MyChoice.ca Internal Data, Mitsubishi Insurance Snapshot for Ontario Drivers, Car Insurance Quotes Collected, Ontario, 2026.

2. MyChoice.ca Internal Data, Mitsubishi Insurance Rates by Model and Ontario City, Car Insurance Quotes Collected, Ontario, 2026.

3. MyChoice.ca Internal Data, New Versus Used Mitsubishi Insurance Costs, Car Insurance Quotes Collected, Ontario, 2026.

4. MyChoice.ca Internal Data, Mitsubishi Insurance Costs Compared to Other Mainstream Brands, Car Insurance Quotes Collected, Ontario, 2026.

5. Mitsubishi Motors Canada, Mitsubishi Models in Canada, accessed September 2026.

6. FSRA, Safety and Ontario Insurance Requirements, accessed September 2026.

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