Mitsubishi Verada insurance for a 40-year-old new driver

In short

On 12 Nov 2026, no insurer we compare gives an online price for comprehensive cover on a Mitsubishi Verada driven by a 40-year-old new driver; a broker or the insurer may still quote it.

Compare every insurer we price for a Mitsubishi Verada on one page: https://shentonbrokers.com/prices/car/mitsubishi-verada

Buy at these prices through Shenton Insurance Brokers: https://shentonbrokers.com/car-insurance-quotes/mitsubishi-verada/age-40-new-driver

Car insurance promotions today: HL Assurance, 25% off; Etiqa, 20% off, new customers only. Prices shown include discounts from featured insurers; other insurers are shown at full price with no discount.

• No insurer we compare quotes this driver online for a Mitsubishi Verada today.
• 0 insurers quote this driver online; 16 do not.

Why this driver pays this

• A driver in the first year of driving has no record to go on, so insurers charge a new-driver loading and there is no no-claim discount to take off.
• The car matters too: insurers group models by value, repair costs and claims; the Mitsubishi Verada has a 3,495cc engine.
• 16 insurers do not quote this driver online on this car: AIG (This insurer has no online price for this car model yet); Allianz (This insurer has no online price for this car model yet); DirectAsia (This insurer has no online price for this car model yet); ECICS (ECICS quotes drivers with at least 2 years of driving experience online); ERGO (This insurer has no online price for this car model yet); Etiqa (This insurer has no online price for this car model yet); Great American (This insurer has no online price for this car model yet); Great Eastern (This insurer's online price is for electric cars only); HL Assurance (HL Assurance asks for at least 2 years of driving licence online); India International (This insurer has no online price for this car model yet); Liberty (This insurer has no online price for this car model yet); MS First Capital (This insurer has no online price for this car model yet); QBE (This insurer has no online price for this car model yet); Singlife (This insurer has no online price for this car model yet); Sompo (This insurer has no online price for this car model yet); UOI (This insurer has no online price for this car model yet).

Price history

We record this price every day from 12 Nov 2026; the history fills in here as the days pass.

The Mitsubishi Verada

• Priced as a Mitsubishi Verada 3.5 (3,495cc), registered 3 years ago.
• With a 3,495cc engine, above 1,600cc, the Mitsubishi Verada 3.5 needs a Category B COE (S$132,334 in the November 2026, 1st round).
• Road tax: about S$3,159.28 a year for a 3,495cc engine, before any surcharge for a car over 10 years old.
• Mitsubishi Verada review: list price, COE, road tax and insurance.

How these prices are worked out

Each price is what the insurer charges today for these answers, GST included: from the rates insurers publish or quote on their own sites, checked against their online quotes every week. Shenton Brokers is an insurance broker in Singapore and compares the insurers that sell car insurance online. Budget Direct, FWD, Income, MSIG quote live with your own answers on our results page, so they are not in these figures. The figures for every driver on this car are in a CSV file, updated daily.