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Mechanical breakdown insurance (MBI) is an optional part of car insurance meant to cover trips to the mechanic not caused by an accident. For example, a busted engine or puncture in your air ...
Once it expires, you can extend coverage through an insurance provider that offers MBI or a third-party extended warranty company. Besides GEICO, not many car insurance companies currently offer ...
that adds continued coverage for specific issues even when the manufacturer's warranty expires. Depending on the vehicle, extended warranties are cheaper than MBI, but they might be more limited ...
Most MBI policies are offered on newer cars—typically less than 15 months old, with fewer than 15,000 miles. Once you have the coverage, however, you usually have the option to maintain it for a ...
While no two coverage options are identical, you can reap many of the benefits of a longer factory warranty with MBI. Consider your car’s reliability when deciding whether or not coverage is ...
That coverage is called Mechanical Breakdown Insurance (MBI), and as its title denotes, it is a coverage designed to protect your vehicle should it experience major mechanical issues not included ...
also known as MBI, helps pay repair costs for major mechanical problems not caused by a car accident or normal wear and tear. It’s optional coverage that you can add to some car insurance policies.
While many insurance carriers only offer MBI as an add-on coverage to an existing car insurance policy, Progressive offers it as a stand-alone product that you can purchase quickly and easily online.
MBI insurance is available to most GEICO customers. You can add it to existing policies such as comprehensive coverage, according to GEICO MBI overcompensates for repairs to car parts after the ...
Fewer insurers offer mechanical breakdown insurance than in the past, which has helped fuel the growth of vehicle service contract providers. Having two types of coverage to choose from is good ...