MG ZS EV Insurance Cost: Buy/Renew ZS EV Car Insurance

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MG Motors launched its electric car ZS EV in February 2021. It has turned out to be one of the most popular electric cars in India in a short span of time. The dynamic features and distinctive looks make this car a worthy choice. But you must get yourself an MG ZS EV insurance policy to legally drive in the country. This guide will tell you about the MG ZS EV insurance cost, features, and all you need to know about buying it online.

Types of car insurance plans for MG ZS EV

You can buy one of the following car insurance plans for the ZS EV.

1. Third-party Cover

You will need a Third-party Insurance Policy to legally drive your ZS EV in the country. This policy covers situations like third-party injuries, death and property damage. However, this policy doesn’t provide coverage for any damage or loss of the insured vehicle.

2. Own Damage Cover

The Own Damage or OD cover is for the insured vehicle. It is useful to obtain financial protection against damages to your car due to natural calamities, man-made disasters, accidents, theft, loss, etc.

3. Comprehensive - Basic

Comprehensive Insurance includes both Third-party coverage and Own Damage coverage. Thus, you get third-party liability protection as well as protection against vehicle damage, loss or theft.

4. Comprehensive - Super Saver

This is an exclusive insurance plan at ACKO. You get all Comprehensive Insurance benefits along with a smooth claim experience. We arrange the pick-up, repair and delivery of the vehicle for repair claims. This service includes no additional cost if you inform ACKO before a repair-related claim.

5. Zero Depreciation - Basic

This policy includes the coverages of a Comprehensive - Basic Insurance Plan along with Zero Depreciation Cover. This policy keeps several parts of your vehicle covered against depreciation costs.

6. Zero Depreciation - Smart Saver

ACKO offers the smart saver version of Zero Depreciation - Basic at a lower cost. This allows great savings if you are a safe driver and don’t file claims very often. In case of a claim, ACKO covers for everything except a deductible of Rs. 5,000 and the Government/IRDAI mandated charges.

7. Zero Depreciation - Super Saver

With this plan, you get Comprehensive Cover and Zero Depreciation Cover combined with super claim experience. ACKO takes care of the car’s pickup and repair at a partner garage. Then, the repaired car is delivered back to you.

8. Personal Accident Cover

It is a mandatory cover you will need to purchase separately with your vehicle insurance plan. The Personal Accident or PA cover provides financial protection in case of permanent/temporary disability or death of the policyholder while driving.

Disclaimer: The pick-up service for repair-related claims is available in select cities only. Also, if you don’t inform ACKO beforehand about repairs related to a claim, you will need to pay a deductible amount of Rs. 5,000.

What’s covered in MG ZS EV car insurance? (Inclusions)

MG ZS EV insurance plans with comprehensive coverage will cover your vehicle in these situations.

Damages due to natural calamities
Damages caused by man-made disasters
Damage done during a fire or explosion
Total loss of the ZS EV
Theft of the ZS EV
Third-party death/injuries
Third-party property damage
More coverage if you purchase any add-ons

What’s not covered in the MG ZS EV car insurance?

The following conditions are not included in the ZS EV car insurance coverage.

Driving the car in illegal racing
Not following traffic laws while driving
Driving while intoxicated on alcohol or any other drug
Mechanical/electrical problems causing vehicle failures
Time-based regular wear and tear
Driving without a driver’s licence or other required documents
Vehicle damage outside of the geographical limitation as per the insurance plan
Raising claims for an expired or inactive policy

Add-ons for MG ZS EV car insurance

You can customise the MG ZS EV insurance cost to include add-ons for higher coverage. Below are the commonly purchased car insurance add-ons with MG car.

Zero Depreciation Cover
Key Replacement Cover
Roadside Assistance Cover
Consumables Cover
Outstation Emergency Cover
Engine Protection Cover
Return to Invoice Cover
No Claim Bonus Protection
Personal Accident Cover for Passengers

ACKO’s claim process

You can raise a claim against your MG ZS EV insurance in just three following steps.

Step 1: Visit ACKO’s website or mobile app and log in to your account.

Step 2: Scroll to find your ZS EV policy and click the ‘Claim’ button.

Step 3: Enter your answers to the damage-related questions and upload vehicle images to raise a claim.

ACKO’s claim settlement team will assist you throughout the process of a major claim. However, if your claim is minor, you can expect the settlement amount to reach your bank account in just a few hours.

Why ACKO?

Here are the advantages of getting your vehicle insured from ACKO.

Paperless purchase

The process of car insurance renewal and purchase involves no physical paperwork at ACKO. You can buy or renew car insurance online with us by providing basic vehicle details and information related to the previous policy (if applicable).

Budget policy

You get quality coverage options at ACKO at low premiums due to our direct-to-customer model. The services are provided via the digital infrastructure avoiding any middlemen involvement. This helps to keep the policy costs low.

Pick-up and delivery

In select cities, ACKO takes care of the repair-related claims with pick-up and delivery service. The vehicle is picked up from your doorstep for repair work and sent to a partner repair centre. Once repaired, the car is delivered back to your home address

MG ZS EV variants with ex-showroom price

Here are all the MG ZS EV variants with their ex-showroom prices.

ZS EV variant	MG ZS EV price (ex-showroom, Delhi)
ZS EV Excite	Rs. 22 lakhs
ZS EV Exclusive	Rs. 25.88 lakhs

Frequently Asked Questions

Below are a few common questions answered about MG ZS EV car insurance.

How do I renew car insurance for my MG ZS EV from ACKO?

It is easy to renew car insurance online from ACKO. The process takes not more than a few minutes. You just need to enter a few details of your ZS EV and previous insurance via our website or mobile app. Then, you can buy Third-party Car Insurance online or customise your insurance plan with a Comprehensive policy.

How much would it cost to insure an MG ZS EV from ACKO?

The cost of insuring your vehicle comes down to factors like policy type, vehicle type, vehicle’s age, add-ons, etc. Hence, we recommend you get your car insurance quote from ACKO’s website or mobile application.

Do I need to insure a second-hand MG ZS EV?

Yes, even a second-hand MG ZS EV must be insured with a Third-party Insurance Plan as per the law. However, you should consider buying Comprehensive Insurance, which includes both Third-party Liability and Own Damage coverage. Plus, you can purchase add-ons like Zero Depreciation Car Insurance Cover, Engine Protection Cover, etc.