Who are MG?
MG have a rich history in British motor manufacturing that goes back to 1924, when Cecil Kimber, the Morris Garages’ manager found a niche market for a sportier, modified version of Morris cars.
With racetrack successes and a Royal customer base, the MG name has survived some rocky times, including the dissolution of parent company MG Rover Group in 2005.
Today, MG are owned by SAIC, China’s largest car maker. The newest range of MG models, the MG3, GS and ZS are still designed and engineered in Britain at their famous Longbridge plant.
True to their roots, MG have produced a sporty yet affordable performance hatchback, the MG3, and are also building a name in the SUV market with the stylish MG GS and the compact MG ZS.
Frequently asked questions
How much does an MG cost to insure?
Not best known for their fuel economy, MGs also fall within the higher VED tax bands. However, running costs are offset by surprisingly low insurance. According to our data, the average insurance costs** of these vehicles are:
- MG B: average premium £266.48 per year
- MG TF (135) Convertible: average premium £347.77 per year
- MG ZR: average premium £907.61 per year
- MG Midget: average premium £223.82 per year
As well as the age and value of your car, your MG car insurance will also factor in your personal circumstances such as your age, driving experience, where you live, and which insurance group the car falls into.
|MG GS||Groups 16-17|
|MG ZS||Groups 10-11|
**Average price amount based on the top five quotes from Compare the Market data from 1 October 2020 to 1 January 2021. The average is based on all variations of the vehicle model and uses risk data from people with different age ranges, addresses and driving histories. You may find a cheaper or more expensive quote based on your circumstances.
Can I cut the cost of my MG car insurance?
There are various ways that could help cut the cost of your MG car insurance including:
- Limiting your annual mileage
- Building up a good no claims discount
- Increasing your voluntary excess
- Paying your annual premium upfront in one go to avoid monthly interest charges
If you’re a younger MG owner, your age unfortunately goes against you when it comes to insurance costs. However, our top tips for cheap car insurance offer some great advice on helping to reduce the cost of your premium.
Where can I find cheap MG car insurance?
One of the most tried and trusted ways to find a great deal on your car insurance is to shop around and compare quotes from different insurance providers.
You can do that right here at Compare the Market. Just fill in your details and we will provide you with a list of suitable insurance quotes to choose from.
If you’d like to compare MG insurance costs with similar car brands, check out our car manufacturers hub for a comprehensive list of other makes and models.