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.

Coverage can extend seven years or 100,000 miles, which ever comes first. At some other firms, cars with more than 100,000 miles on their odometers at the outset are eligible. Pricing depends on ...

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 ...