Updated September 28, 2026 · SumCue Editorial Team
Hiscox vs MiWay
Hiscox
MiWay
Higher score in this comparison
Hiscox vs MiWay: the differences
| Compare | HiscoxReviewSee alternativesSee alternatives | MiWayReviewSee alternativesSee alternatives |
|---|---|---|
| Insurance types | Auto | Auto, Home, Renters, Pet, Motorcycle, Breakdown, Home emergencyCovers more |
| Excess from | $0 | ZAR 5,000 |
| Cover limit | General liability: $300,000 to $2,000,000 limits | R15,000 to R60,000 per policy (pet annual limits) |
| Claims channels | Online, Phone | Mobile app, Self service portal, Phone, Whatsapp, Online form |
| Premium from | $30 | Not confirmed |
| Age range | Not confirmed | 0-12 years (pet insurance: 0-8 years for Premium and Core, 0-12 years for Accident) |
Same on both: Provider type (Insurer), Monthly payments (Yes).
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Key differences
- MiWay scores higher overall: 9.3 vs 9.1.
- Insurance types: only MiWay offers Home, Renters, Pet.
- Claims channels: only Hiscox offers Online.
- Claims channels: only MiWay offers Mobile app, Self service portal, Whatsapp.
- Support channels: only MiWay offers Chat, Email, Community.
Our verdict on each
Hiscox
Hiscox is an insurer for small businesses rather than a bank, so it suits owners who want general liability cover starting at $30 with an excess from $0 and can pay monthly. Households shopping for everyday savings or current accounts will find the offer narrow.
MiWay
Miway is a South African insurer rather than a broker, which suits households and drivers who want car, home, renters, pet, motorcycle, breakdown and home emergency cover in one place. Claims run through mobile app, self service portal and phone, and the car excess starts at ZAR 5,000.
Score breakdown
| Area | Hiscox | MiWay |
|---|---|---|
| Cost | 9.1HigherPremium from $30 with an excess starting at $0, monthly payments available | 8.7Car excess starts at ZAR 5,000, and pet annual limits run R15,000 to R60,000 per policy (pet annual limits). |
| Offer | 8.4 | 9.8Higher |
| Trust | 9.6Higher | 9.5 |
Availability and regulation
| Country | Hiscox | MiWay |
|---|---|---|
| South Africa | Not confirmed | |
| United Kingdom | Not confirmed |
Side by side, item by item
| Insurance types | Hiscox | MiWay |
|---|---|---|
| Auto | Yes | Yes |
| Home | No | Yes |
| Renters | No | Yes |
| Pet | No | Yes |
| Motorcycle | No | Yes |
| Breakdown | No | Yes |
| Home emergency | No | Yes |
Where these facts come from
Hiscox
- hiscox.com: 12 facts, checked September 26, 2026
MiWay
- miway.co.za: 11 facts, checked September 26, 2026
How they place
| Ranking | Hiscox | MiWay |
|---|---|---|
| Insurance | 229 of 627 | 140 of 627 |
| Car insurance | 115 of 279 | 66 of 279 |
Every fact side by side
| Fact | Hiscox | MiWay |
|---|---|---|
| Pricing model | Monthly | Monthly |
| Legal entity | Hiscox Insurance Company Inc. | Miway Insurance Limited |
| Headquarters | Bermuda | South Africa |
| Founded | 1901 | Not confirmed |
| Support channels | Phone, Help centre | Phone, Chat, Help centre, Email, CommunityCovers more |
Where each stands against the rest
| Fact | Hiscox | MiWay | Median |
|---|---|---|---|
| Premium from | $30above the median | Not confirmed | $11 |
Median across 53 listed providers.
Pros and cons
Hiscox
Pros
- General liability cover priced from $30, with limits of General liability: $300,000 to $2,000,000 limits
- Excess starts at $0 on the general liability policy
- Monthly payments are available, so cover does not need to be paid in one go
Cons
- Cover is limited to the auto type listed under auto, so home, travel and life cover sit outside the range shown here
- Support runs on phone and help centre, with live chat and email not among the listed routes
- Hiscox Insurance Company Inc. is headquartered in Bermuda under BM, and the UK Financial Services Authorisation covers the United Kingdom market rather than the domiciled entity
MiWay
Pros
- Miway underwrites the policies itself as an insurer, so cover comes from Miway Insurance Limited rather than another carrier
- One insurer covers auto, home and renters
- Claims can be raised through mobile app, self service portal and phone without a branch visit
Cons
- The car excess starts at ZAR 5,000, so smaller claims leave you to pay
- Support runs on phone, chat and help centre only, with no in person option
- Pet cover carries an age cap, and the Premium and Core options cap it lower than Accident
Who each suits
Hiscox
Who it suits
- Small business owners who need general liability cover and can pay monthly
- Traders and contractors carrying client-facing risks
- Anyone comfortable holding a policy with an insurer domiciled outside the UK
Who should look elsewhere
- Households comparing savings, current accounts and cards, where bunq is a better fit
- Shoppers wanting auto cover alongside home or life policies
- Buyers who want a UK regulated provider rather than an overseas insurer
MiWay
Who it suits
- South African households with several policies to place, since the range covers auto, home and renters
- Drivers and pet owners who want monthly premiums from a single insurer
- Claimants who prefer an app and WhatsApp to paperwork, since claims run through mobile app, self service portal and phone
Who should look elsewhere
- Life cover seekers: Linxea writes life
- Anyone after health or gadget cover: Oney Préstamos ES offers health, life and gadget
- Travellers comparing cover: EuroAsia Insurance includes auto, home and travel
Current offers
Hiscox
Current offer
Discount code
Bundle and save on general liability insurance: up to 5% discount
Bundle general liability insurance with other coverage such as professional liability or cyber security insurance
Source, checked September 26, 2026
Bonus
Chase Business Complete Checking partner offer: up to $500
new Chase business checking customers with qualifying activities
Source, checked September 26, 2026
MiWay
Current offer
Bonus
We'll beat your premium or give you up to R2,000: Up to R2,000
Ts & Cs apply; page links to the R2000 dare terms
Source, checked September 26, 2026
Discount code
Insure 2 or more cars and save on your premium: 25% (2 cars) up to 100% (5+ cars) off the lowest premium
Applies when insuring multiple cars with Miway
Source, checked September 26, 2026
Bonus
MiCashback: 10% of premiums back every 2 years
No break in your cover and no claims; Ts & Cs apply
Source, checked September 26, 2026
Country by country
| Country | Hiscox | MiWay |
|---|---|---|
| South Africa | No | Yes |
Questions about each
Hiscox
How much does Hiscox cover cost?+
General liability cover starts at a premium of $30, with cover limits set at General liability: $300,000 to $2,000,000 limits. The excess begins at $0, so there is no compulsory excess to fund on that policy. Prices are quoted per policy rather than as a flat monthly fee.
Can I pay the premium monthly?+
Yes. Monthly payments are offered, which spreads the cost across the policy year instead of one lump sum. That suits small businesses with uneven cash flow, and it is the norm on the market, where most insurers listed allow monthly payments.
MiWay
What does Miway actually insure?+
Miway writes a broad personal book: auto, home and renters all sit under the same brand. That means a driver, a tenant and a pet owner can each find a policy without moving to another company, and Miway Insurance Limited is the entity behind every line.
What is the excess on car insurance?+
The excess starts at ZAR 5,000 on the car policies, which is the amount you contribute towards a claim. Budget for that on minor damage, and check your own policy wording, since a lower excess option can change the premium.
Other options to compare
Hiscox
MiWay