The decision between risking a repair that could run into the thousands of dollars on your used car, buying a new car, or shelling out a monthly payment on a car repair insurance policy can be a tough one.
Car repair insurance is similar to extended warranties or service contracts sold by auto manufacturers and dealers. It covers the same kinds of things, which means it will pay to fix mechanical problems after your car’s new warranty has expired.
Check out GEICO's Mechanical Breakdown Insurance (MBI)—that's what. If you're not sure you need this peace-of-mind coverage check out our MBI video. You might think twice about buying a dealer's new car extended warranty.
Auto repair insurance policies are "À la carte," in that a driver can purchase an insurance policy for specific parts or systems, from the engine and transmission to different auto parts systems, such as an electrical system or brake system.
Find the right insurance coverage for your small or mid-market business. Whether you own an auto repair shop, body shop, auto detailing shop or car dealership, we can help protect you and your business.
Toll free: 866-918-1438 Disclosure: A Vehicle Service Contract (VSC) is often referred to as an "auto warranty" or an "extended car warranty," but it is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s car warranty expires.
Auto repair insurance is different from other insurance types because it does not require that your car is damaged in a collision, or as a result of a natural disaster or vandalism. It basically covers the natural wear and tear on your car -- mechanical failures, any problems not caused by an accident.
Business Insurance for Auto Service and Repair. Do you have a reputation for working mechanical magic on imported cars? Perhaps your shop is earning social media kudos for repairs on bodies, mufflers, transmissions, exhausts or windshields.
Auto Repair Basics helps you choose the right repair shop or technician, understand repair charges, practice preventative maintenance, and more. The Motorist Assurance Program is a nonprofit that gives its seal of approval to qualified repair shops.
A car warranty, or mechanical breakdown insurance (MBI), will protect you from unexpected repair bills in case your car experiences a mechanical breakdown or electrical failure. Some warranties will also cover wear and tear.