Endurance insurance canada12/15/2023 Seals and gaskets for any covered components are also included in each tier. Once you sign up, there aren’t yearly mileage restrictions.Ĭoverage options: Standard powertrain coverage includes your engine, transmission, transfer case, drive axle and air and fuel systems. Cars, trucks and SUVs with up to 10 model years and 140,000 miles are eligible to enroll in an MBI policy. Olive offers MBI in California and vehicle service contracts in most other states (except Florida). Our pick for older vehicles: Endurance (VSC).Our pick for an extended warranty: CarShield (VSC).Jump down to mechanical breakdown insurance vs. These plans pay for mechanical breakdown repairs but aren’t considered insurance products. olive specialize in extended warranties (vehicle service contracts), but they have MBI policies available to residents of California.Įndurance and CarShield are extended car warranty companies with comparable coverage through vehicle service contracts (an MBI alternative). Our top picks for MBI (and alternatives)īesides GEICO, not many car insurance companies currently offer MBI nationwide. They also usually don't cover breakdowns caused by overheating, improper maintenance, alterations to your vehicle, towing excessive weight or any preexisting conditions. Mechanical breakdown policies generally don’t pay to repair damage from accidents or natural disasters. MBI also won’t pay for damage caused by corrosion and improper maintenance. Typical exclusions include maintenance items, like tune-ups, oil changes, tire rotation, alignments, lubrication, coolant changes, and replacing spark plugs, brake pads, brake shoes and tires. Some policies also cover air conditioning, steering and fuel systems. According to CARCHEX, typical MBI coverage includes your: What each policy covers depends on your plan and provider. What does mechanical breakdown insurance cover? If the OEM warranty has expired and you want to keep similar coverage, also consider an MBI alternative, like an extended warranty or vehicle service contract (VSC) - even cars with more than 100,000 miles can qualify. If you’re buying a used vehicle, find out if it’s still covered by the original equipment manufacturer’s (OEM) warranty to avoid duplicate coverage. It can be hard to find mechanical breakdown insurance for used, higher-mileage cars. Traditional car insurance helps cover accidents and damage to the body of your car, but MBI deals with the components that keep your car working and on the road. It can help pay for repairs to your powertrain, electrical systems and other major components. Mechanical breakdown insurance (MBI) is an insurance policy that covers your car’s major parts and systems.
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