Mechanical breakdown insurance (MBI) is a valuable coverage option for vehicle owners, providing financial protection in the event of major mechanical failures that are not caused by accidents or collisions. While State Farm, one of the largest auto insurers in the country, does not offer MBI, they do provide roadside assistance services to help in other types of vehicle emergencies. This article will delve into the details of mechanical breakdown insurance, State Farm’s roadside assistance coverage, and other top car insurance companies that do offer MBI.
State Farm’s roadside assistance coverage is designed to assist drivers in various emergency situations while on the road. This coverage includes services such as towing, fuel delivery, locksmith services, and mechanical labor at the site of a breakdown. While it may not cover major mechanical failures like MBI, it is a valuable addition to State Farm’s standard auto insurance offerings.
For those interested in purchasing mechanical breakdown insurance, companies like Allstate, Geico, and Mercury provide this option as an add-on to their existing policies. Geico, in particular, offers MBI for vehicles less than 15 months old or with fewer than 15,000 miles. Additionally, Progressive offers MBI as a stand-alone policy, allowing customers to purchase coverage specifically for major mechanical repairs.
MBI covers a range of major vehicle components, including the engine, transmission, drive axle, air conditioning, steering, suspension, emissions, and exhaust. It helps offset the costs of repairs for these components, minimizing out-of-pocket expenses for the policyholder. However, it does not cover routine maintenance tasks like fluid changes, tire replacements, or brake pad replacements.
When comparing MBI to extended warranties, there are key differences to consider. Extended warranties typically cover a broader range of components and are available for older vehicles with higher mileage. MBI, on the other hand, is often limited to newer vehicles with lower mileage and may have lower overall costs and deductibles.
In conclusion, while State Farm does not offer mechanical breakdown insurance, they provide a range of standard car insurance coverages and optional add-ons to meet the needs of their customers. For those seeking MBI, companies like Progressive and Geico are recommended options due to their comprehensive coverage and affordable rates. By understanding the differences between MBI and other coverage options, vehicle owners can make informed decisions to protect their vehicles and finances.