What is Classic MG Insurance?
Classic MG insurance is specialised coverage for MG models that meet “classic car” criteria—typically cars that are over 15 years old, kept in good condition, and often driven sparingly. This type of insurance provides a level of care that standard car insurance may not, including agreed value cover, restoration support, and coverage for rare or hard-to-find parts.
Types of Classic MG Models Covered
Classic MG insurance covers a variety of models, including but not limited to:
- MG T-Series (TA, TB, TC, TD, TF): These pre-war and post-war classics are well-loved by enthusiasts.
- MG Y-Type: Known for its 1940s elegance, the Y-Type is perfect for those who appreciate MG’s heritage.
- MGA and MGB: Iconic 1950s and 1960s models popular among collectors.
- MGC and Midget: These sporty models from the 1960s and 1970s are a joy to own and drive.
- MG RV8 and MG F: Later models with a classic appeal, maintaining the MG legacy.
No matter your model, we can provide coverage that respects its history and value.
How our process works
We’ve worked hard to refine our process and keep it as quick, easy and simple as possible for our customers.
What Is Covered By Car Insurance?
With Classic MG Car Insurance, you’ll enjoy coverage tailored to your needs, including:
- Agreed Value Cover: Get an upfront, agreed-upon value for your MG, so you know what it’s worth in case of a total loss.
- Limited Mileage Discounts: If you drive your MG infrequently, benefit from lower premiums with a limited mileage policy.
- Breakdown Cover: Optional breakdown assistance to keep you safe on the road.
- European Cover: Enjoy peace of mind when taking your MG on European adventures.
- Spare Parts Cover: Additional protection for hard-to-find and costly MG parts.
- Laid-Up Cover: Ideal if your MG is under restoration and not currently roadworthy.
Addons Available For Your Car Insurance Policy
Consider adding on extra protection to get the most out of your Classic MG insurance:
- Track Day Cover: If you’re taking your MG to a track day, add track day insurance for coverage against accidents on closed circuits.
- Personal Injury Cover: Extra protection for you and your passengers in the event of an accident.
- Multi-Car Discounts: Own more than one classic? We offer multi-car policies that allow you to cover all your classics under one policy.
What Is Not Covered
Classic MG insurance policies may not cover:
- Daily Commuting: Classic car policies often exclude regular commuting. These policies are designed for limited use, such as leisure driving.
- High Mileage: Exceeding the agreed mileage limit may affect your coverage.
- Wear and Tear: Routine maintenance, rust, and general wear and tear aren’t typically covered.
- Unapproved Modifications: Some modifications may void your policy or require additional coverage.
How is Classic MG Insurance Different from Standard Car Insurance?
Classic MG insurance is specifically crafted for older cars that are cherished, rather than simply used for daily commuting. Unlike standard car insurance, classic car policies consider:
- Agreed Value Instead of Market Value: Get compensated for your MG’s true worth, rather than its depreciated market value.
- Limited Mileage Discounts: Enjoy lower premiums if you drive less frequently.
- Specialist Repair Networks: Many policies provide access to garages experienced in restoring and repairing classic MGs.
- Parts Coverage: Classic policies often cover rare and expensive parts, something standard insurance rarely includes.
How Much Does Classic MG Insurance Cost?
Classic MG insurance costs vary, typically depending on factors like your MG model, agreed value, mileage, storage conditions, and your driving history. Many insurers offer flexible policies, with average annual premiums often more affordable than standard insurance for comparable cars.
How to Compare Classic MG Insurance Quotes
To find the best insurance for your MG, consider:
- Agreed Value Options: Ensure the insurer provides an agreed value that matches your MG’s worth.
- Mileage Limits: Choose a policy that fits your usage patterns.
- Breakdown and Recovery Options: Look for European coverage if you plan on road trips.
- Specialist Repair Networks: Find insurers that offer access to specialist repair shops and MG parts suppliers.
By comparing these features across insurers, you can find coverage that best meets your needs.
