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Morris Garage (MG) calls itself a 94-year-old startup because it was founded in a garage called ‘Morris Garages’. The company made its entry into India in 2017 with its manufacturing plant in Gujarat. It launched the maiden MG car in India, the MG Hector in 2019. This article ventures into the benefits of MG insurance, how to buy, and renew MG motor insurance online.
Motor insurance for your MG car is not just essential in terms of the law, but to protect you from third-party liabilities and own damages. Replacing car parts can be expensive and the car insurance will be the right financial protection. Compared to the Third-party insurance for your MG car, the Comprehensive cover provides wider coverage. Following the benefits of Comprehensive car insurance for MG cars.
Third-party life and property coverage.
Insured vehicle coverage against losses or damages.
Personal accident cover for the policyholder or the driver of the vehicle.
Get the sum insured amount in case of a total loss to the insured vehicle.
Riots, vandalism and such man-made calamities are covered.
Floods, earthquakes, storms, and such natural calamities are covered.
Vehicle insurance is mainly of two types, they are.
This insurance plan covers third-party life and property and does not cover the insured vehicle.
This plan covers both the third party as well as the insured vehicle and has the option to choose Add-on covers.
|Coverage||Comprehensive Insurance||Third-Party Insurance|
|Third-party property and life||✔||✔|
|Losses/Damages to the insured MG car||✔||✘|
|Personal Accident (PA) cover||✔||✔|
|Theft of the insured vehicle||✔||✘|
|Customisable Insured Declared Value (IDV)||✔||✘|
Car insurance is of two types. One, Third-party car insurance which is mandatory as per law and second, the Comprehensive car insurance which covers third-party and the insured car. The latter offers the below coverages:
Personal accident cover for the owner-driver.
Third-party life and/or property damage.
Damages to the insured vehicle.
Damages due to theft or man-made calamities such as riots, vandalism, etc.
Damages or losses due to natural calamities such as floods, earthquakes, etc.
Damages due to fire or explosions.
Insurance plans come with certain exclusions or limitations. Following are the exclusions under the MG car insurance:
Driving without a valid driving licence.
Driving under the influence of intoxicating substances.
Normal or regular wear and tear of car parts including tyres.
Losses or damages caused outside the geographical limits.
While the Third-party car insurance plan covers third party life and property, the Comprehensive plan covers both third party and the insured vehicle. However, the following Add-on covers provide extra coverage which is not covered by the two types of car insurance:
Roadside Assistance: The insurer provides assistance in case of a breakdown or a mishap along with flat tyre service, emergency towing, emergency fuel, general repairs, etc.
Accessories Cover: High-end stereo system, instrument console, or reverse camera, which are of high-value, are covered.
Consumables Cover: The basic plan does not cover consumables. This add-on cover takes care of the cost of consumables.
Invoice Protection/Return to Invoice: In case of a total loss or damages to the insured vehicle due to fire or if it is stolen, the insurer will pay the invoice value (ex-showroom) of the insured car.
NCB (No Claim Bonus) Protection: Protection for your NCB in case you raise a claim during the policy period.
Zero Depreciation: Without depreciating the value of the car parts being replaced or repaired, the insurance company settles the claim.
Engine Protection Cover: Extra coverage to protect your car’s engine in case of physical damage to your gearbox or leakage of oil or due to water ingression to the engine.
Acko is a new-age digital insurance company specialising in digitising transactions related to insurance to enhance the experience of customers. Below are the main benefits of Acko car insurance for MG cars.
From the process of buying and renewing car insurance to the servicing of claims, the process is entirely online by transacting through the website or the mobile app.
With a paperless approach, claims have never been faster with the online procedure.
Get help from experts on car insurance to help you with the process of buying, renewing and claims.
Choose from over 1500+ cashless garages to repair your insured vehicle without the need to pay from your pocket.
Acko will pick up your car and get it repaired at the cashless network garage and deliver the car.
Following are the steps to raise a claim online. Insurers such as Acko provides a paperless experience while registering a claim:
Step 1: Visit the insurer’s website or their smartphone app.
Step 2: Log in to access your account.
Step 3: Raise a claim under the claim section and upload the pictures of the damages to the insured car.
Step 4: The insurer will assign a surveyor to assess the damages before the car is picked up for repairs at the network garage for a cashless claim.
Note: You can also opt for the reimbursement process which is considered cumbersome since it is not cashless.
Below are the answers to some of the frequently asked questions about MG cars and vehicle insurance.
Morris Garages or MG Motors is a UK company which has its headquarters in London. It is the subsidiary of SAIC Motor UK, which is in turn owned by the China-based SAIC Motor. In India, the company sells locally-made MG cars and the company claims that the production of the MG cars in the country are highly localised.
While shopping for motor insurance for your MG cars, ensure the policy provides a wider coverage at a lower premium. However, you should not compromise on the post-sales services provided by the insurance company before buying the policy. Keeping these factors in mind, if you require cheap car insurance for your MG car, you can buy car insurance online. Digital insurance providers have made the process of buying, renewing as well as the claims hassle-free and online making it cheaper compared to the traditional insurance policies.
It is important you buy MG car insurance which offers maximum coverage and not go by the pricing factor. Replacing car parts in case of an accident can sometimes be expensive; however, with the car insurance, you can use the insurance to cover the liabilities. Also, new-age digital insurers have removed the need for an agent or middlemen to sell, renew or raise claims. This has led to a reduction in the operating cost, which is passed on to the customer. Hence, online car insurance is competitive compared to conventional vehicle insurance policies.
Instant. This is if you opt to renew the policy through the online method. It can be done via the insurer’s website or the mobile app. You can buy/renew the policy instantly and receive the new insurance policy document at the email address provided by you immediately.
Below is the list of mandatory documents needed to buy MG car insurance policy:
Photos of the vehicle
Existing insurance policy
Address and ID proof of the policyholder
Pollution Under Control (PUC) Certificate