{"id":3898,"date":"2023-10-30T15:51:17","date_gmt":"2023-10-30T15:51:17","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=3898"},"modified":"2023-10-30T15:51:19","modified_gmt":"2023-10-30T15:51:19","slug":"mechanical-breakdown-insurance","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/car-insurance\/mechanical-breakdown-insurance\/","title":{"rendered":"MECHANICAL BREAKDOWN INSURANCE: All To Know"},"content":{"rendered":"

Mechanical breakdown insurance (MBI) can be a lifesaver when it comes to safeguarding your vehicle from unforeseen mechanical breakdowns. While normal auto insurance policies primarily cover accidents and collisions, MBI covers mechanical and electrical breakdowns as well. In this comprehensive guide, we will delve into the world of mechanical breakdown insurance, exploring its coverage, benefits, and some of the best providers in the industry. So buckle up and let’s embark on a journey to discover the power of MBI!<\/p>

Understanding Mechanical Breakdown Insurance<\/span><\/h2>

Mechanical breakdown insurance (MBI) is a type of coverage that protects you against unexpected car repairs caused by mechanical or electrical breakdowns. Unlike traditional auto insurance, which primarily covers accidents and collisions, MBI concentrates on your vehicle’s internal components and systems. When your car suffers a covered breakdown, it provides financial protection, helping you to avoid the high costs of repairs.<\/p>

MBI is especially useful when the manufacturer’s warranty on your car ends. While most warranties cover repairs for a set period or mileage, MBI extends that coverage, guaranteeing you’re protected even after the warranty has expired. This form of insurance is handy for used car owners or those who intend to maintain their automobiles for an extended period.<\/p>

It is vital to understand that MBI is a separate insurance policy, not an extended warranty. It provides benefits including flexibility in selecting repair facilities, coverage for both parts and labor expenses, and the ability\u00a0to transfer the policy to a new owner if you sell\u00a0the vehicle.<\/p>

MBI coverage varies per provider, so it’s critical to read the fine print on each policy. Different insurance companies may give varying levels of coverage, deductibles, and claim processes.<\/p>

What Does Mechanical Breakdown Insurance Cover<\/span><\/h2>

Mechanical breakdown insurance protects your vehicle’s mechanical and electrical components. While coverage details may differ between insurance companies, the following are some common areas generally covered by MBI coverage:<\/p>