Car Insurance for MG

Compare a range of car insurance quotes for your MG from trusted Australian providers with Savvy today.

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, updated on June 26th, 2023       

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British-formed, Chinese-owned manufacturer MG is growing in popularity on the Australian market, offering a range of affordable vehicles including compact hatchbacks and SUVs. Whether you own a sporty MG3 or a spacious MG ZS, it's important to explore your car insurance options.

You can do just that with Savvy. We offer a 100% free comparison service which allows you to conveniently compare policies from our reputable insurance partners side-by-side, no matter where you are in Australia. Start the process with us today with a no-obligation quote to help you find the best possible policy available for your MG.

MG ZS Excite

Why compare car insurance with Savvy?

How much does it cost to insure an MG in Australia?

The cost of car insurance can vary significantly depending on a wide range of criteria, including your driving record, the make and model of your MG and your insurer.

However, comprehensive insurance prices for a 2020 MG ZS Excite AZS1 might range from $868 to $2,462 yearly (or $89 to $230 monthly), with an excess of $900, as an example. These quote estimations were made with several key assumptions, such as:

  • 40-year-old male homeowner living in Sydney (postcode 2000)
  • Only used privately and for commuting
  • Average distance driven per year of 15,000km
  • No existing finance on the vehicle
  • Maximum period without making a claim (no-claim bonus Rating 1)

It's important to keep in mind that this indicative range was obtained in June 2023 from a variety of Australian insurance companies. Costs could change over time, as well as due to factors specific to your profile.

You can compare offers for a range of MG models, which include:

  • HS
  • HS +EV
  • MG3
  • MG4
  • MG5
  • ZS
  • ZS EV
  • ZST

What factors can influence car insurance prices for my MG?

How old you are

Younger and less experienced drivers generally face higher car insurance premiums due to their perceived higher risk of an accident on the road, whether you’re a woman or a man. Insurance providers consider factors such as the number of years you've held a driver's licence and any previous driving offences, accidents or at-fault claims.

Your vehicle's age, value and condition

The age, value and condition of your vehicle are important considerations for insurance providers. Vehicles with higher market values, such as high-performance models, may attract higher premiums. Additionally, the overall condition of your car, including its maintenance and safety features, can affect insurance costs.

Your location

Where you live will also impact your car insurance premiums. Insurance providers consider factors such as the crime rate, accident frequency and population density in your area. Generally, urban areas with higher crime rates and traffic congestion may lead to higher insurance premiums compared to rural or low-risk locations.

Your parking situation

Parking your vehicle in a secure garage or off-street location can reduce the risk of theft or damage, which can potentially result in cheaper insurance premiums compared to parking on the street or in high-risk areas. In these situations, your vehicle is more exposed to these risks, which is why insurance costs may be higher.

How much you drive each year

The amount you drive your car each year is another factor that insurers consider. Higher kilometrage increases the likelihood of accidents and wear and tear, leading to higher insurance rates. Reducing your usage (such as taking public transport where possible) can help you save on your premium.

Types of car insurance for MG

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Disclaimer:

Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.

Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.