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The Mitsubishi FTO is a two-door compact Japanese sports car that made its debut in the Indian market in 2012. However, owning this stylish ride comes with responsibilities, most importantly, a valid Mitsubishi FTO car insurance policy. Beyond fulfilling legal requirements, the right car insurance shields you from unexpected accidents and financial setbacks.
Choosing the right policy ensures peace of mind every time you hit the road. Curious about how to protect your prized FTO? Read on to discover everything you need to know about
Car insurance plays a major role in securing your finances against potential threats on the roads, including natural disasters. So, before you buy or renew a plan, check the benefits of owning a Mitsubishi FTO car insurance policy below:
During a car accident, any damage caused to you or your vehicle or to any third party will be seamlessly covered under your insurance policy as per the terms.
Specific coverage policies in a car insurance offer emergency roadside assistance in case your car breaks down in the middle of the road. You can avail services like emergency repairs, fuelling, towing services, etc.
Having adequate coverage in your car insurance for Mitsubishi FTO will protect you against situations like car theft or when someone intentionally damages your car.
The Motor Vehicles Act of 1988 makes it mandatory for all registered vehicle owners to have at least a third-party car insurance to legally drive in India. Driving on Indian roads without a valid insurance can cost you up to ₹4000 in penalties each time.
Buying an insurance policy with adequate coverage provides financial stability and enables you to drive your car with confidence.
There are two main types of Mitsubishi FTO car insurance policies available that you can purchase. Let us discuss them in detail.
A third-party insurance policy offers financial protection against third-party injuries or property damage caused by your car in an accident.
Although this insurance policy is enough to let you drive your Mitsubishi FTO car on indian roads, it will not cover any kind of damage caused to your car, making you financially vulnerable.
A comprehensive plan offers coverage against third-party financial liabilities and damages to your car as well. The overall coverage of third-party and own damage makes it a comprehensive insurance policy.
It protects your car in the event of accidents, theft, vandalism, and natural or man-made disasters. Moreover, on choosing this plan, you can unlock add-ons to enhance and personalise your car insurance coverage.
The following table illustrates the key differences between comprehensive and third-party insurance policies available in the Mitsubishi FTO car insurance review.
| Features | Third-party Cover | Comprehensive Cover |
| Coverage | Covers third-party injuries or property damage only caused by your car in an accident. | Covers third-party liabilities and damages to your car. |
| Legal Requirement | Mandatory under the Motor Vehicles Act of 1988. | Not mandatory but recommended. |
| No Claim Bonus (NCB) | Not Applicable | Earn up to 50% off on premiums with No Claim Bonus. |
| Add-ons | Not Applicable | You can buy add-ons to enhance your car insurance policy. |
The inclusions and exclusions of a car insurance policy for the Mitsubishi FTO from ACKO are discussed below.
The Mitsubishi FTO car insurance covers:.
Let us find out about some common exclusions in car insurance.
You can buy additional pocket coverages to enhance your existing Mitsubishi FTO car insurance plan. Some of them include:
Engine parts can be very expensive, especially for a sports car like the Mitsubishi FTO India. Moreover, a small amount of waterlogging can cause flooding in your engine due to its low ground clearance. Purchasing this add-on can provide compensation for engine damage resulting from such activities.
With this add-on, you can make a claim without breaking your NCB accumulation streak. This allows you to continue enjoying the discounted premiums.
Your car may require additional parts, such as nuts, bolts, coolants, engine oil, brake fluid, and lubricants, during repairs after an accident. A consumables cover add-on will protect you from these costs.
Insurers consider multiple factors while determining your Mitsubishi FTO car insurance price. Here are some important ones.
Let us learn what ACKO has to offer that will make it your first choice when buying a Mitsubishi FTO car insurance.
You can easily file for a claim through the ACKO app or the official website. ACKO will settle your minor claims instantly within 2 hours with minimum paperwork.
We will collect your car from your location, repair it at one of the network garages, and deliver it to you within 3 days. However, this service is available at select locations.
ACKO uses its digital interface to connect with its customers. This saves the middleman's costs and allows them to offer lower prices.
ACKO offers discounts and offers on festive and seasonal days. You can use this opportunity to save some extra money.
Follow the five simple steps below to renew your Mitsubishi FTO car insurance from ACKO.
Step 1: Open the ACKO app or visit the official car insurance website.
Step 2: Enter your car’s registration number and click “View Offer Price.”
Step 3: Share your phone number and other required car details.
Step 4: Choose your preferred coverage, add suitable add-ons, and make the payment online.
Step 5: Receive your Mitsubishi FTO insurance policy documents directly in your email inbox.
These are the documents you must have readily available when renewing your Mitsubishi FTO car insurance.
You can claim a Mitsubishi FTO car insurance with ACKO within minutes by following the 5 simple steps below.
Step 1: Open the ACKO app or visit the official website, and log in using your registered mobile number.
Step 2: You will see the list of insurance policies registered to your number.
Step 3: Select the Mitsubishi FTO car insurance and click on “Claim Now”.
Step 4: Upload images of the damaged part, provide necessary details, and click on “Submit”.
Step 5: ACKO will verify and settle your claims as soon as possible.
The Mitsubishi FTO is available for purchase on the second-hand car market in India, with the last recorded price being ₹8.24 lakhs in 2014. Purchasing this car will provide you with a powerful 1998 cc petrol engine, available in a single variant, paired with a manual transmission.
*The price of this car is subject to change depending on the age, make and model of the vehicle.