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.
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 insure | Mazda ($2,124), Toyota ($2,197), MINI ($2,003), GMC ($2,017) |
The Cheapest Mitsubishi to Buy Is Not the Cheapest to Insure
Another interesting takeaway is how heavily a person’s postal code is weighted in the calculation of an insurance quote, and it’s comparable to how much the vehicle itself costs!
For example, a 2023 Mirage located in Brampton is the lowest original listed price in this list ($15,643); however, it has the highest insurance cost ($3,445/yr). A vehicle located in Sudbury (2025 Eclipse Cross) is worth more than double, but only costs $1,579/yr.
| City | Model | Model Year | List Price | Median Annual Car Insurance Premium |
|---|---|---|---|---|
| London, ON | Outlander GT AWD | 2022 | $43,761 | $2,372 |
| Sudbury, ON | Eclipse Cross SE AWD | 2025 | $34,542 | $1,579 |
| Brampton, ON | Mirage ES | 2023 | $15,643 | $3,445 |
| Ottawa, ON | RVR SE AWD | 2017 | $28,767 | $1,595 |
| Toronto, ON | Lancer ES 4Dr | 2013 | $21,362 | $1,930 |
What Changes When You Insure a New or Used Mitsubishi
We estimate the cost of Mitsubishi auto insurance to be $2,143 per year for a used Mitsubishi and $2,302 for a new Mitsubishi. By getting insurance on a used Mitsubishi instead of a new Mitsubishi, you’d save $159 per year, or about $13 per month.
Since the difference in insurance rates is relatively low, Mitsubishi insurance rates can be affected more by the specific model and trim level as well as repair costs and theft statistics.
| Vehicle | Median Annual Car Insurance Premium |
|---|---|
| New Mitsubishi | $2,302 |
| Used Mitsubishi | $2,143 |
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 brand | Median 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 |
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 also offers its Super All-Wheel Control (S-AWC) all-wheel-drive system.
Straight Answers About Mitsubishi Insurance
How safe are current Mitsubishi vehicles?
According to Mitsubishi Motors Canada, the current Outlander PHEV comes standard with 11 airbags, active stability control, forward-collision mitigation, rear automatic emergency braking, and a blind-spot warning system.
Always research the safety features included in each model, trim, and year. Also note that crash-test results vary by model, trim, and year. It’s inaccurate to generalize by make, and you should always research specific cars.
Is auto insurance mandatory for a Mitsubishi in Ontario?
Ontario Mitsubishi drivers, just like all Ontario vehicle owners, are required by law to have certain insurance coverages, according to FSRA. Collision and comprehensive coverages and any additional endorsements are optional. Availability and details of optional coverages and endorsements vary by insurance policy.
What should an Ontario driver budget for Mitsubishi insurance?
Ontario drivers can budget approximately ,235 per year, or 6 per month, for Mitsubishi insurance based on MyChoice’s internal quote data.