In that case, mechanical breakdown coverage could save you a lot of money. However, consider a less expensive repair. Say you need to replace your steering column, which will cost $300.

Mechanical breakdown insurance pays for car repairs, ... One thing to keep in mind is that many MBI policies specify that coverage ends once your car hits a certain age or a specific number of miles.

GEICO requires you to buy mechanical breakdown coverage before your car reaches 15,000 miles. To get a sense of pricing for older vehicles, ...

GEICO, “Mechanical Breakdown Insurance: Coverage for Car Repairs. ” Accessed Feb. 14, 2025. Insurance Information Institute, “ How to file an auto insurance claim.

Doing away with no-fault insurance and requiring Florida drivers purchase mandatory bodily injury (MBI) coverage won’t lower Florida’s nation-leading auto insurance rates but increase them ...