Debunking Common MBI Insurance Myths: Understanding the Facts
Mechanical breakdown insurance (MBI) is a crucial form of coverage for vehicle owners, providing financial protection against unexpected repair costs resulting from mechanical failures. Despite its importance, there are several prevalent myths surrounding MBI insurance that can often lead to confusion and misinformation. This blog post aims to debunk these common myths and provide factual information to help individuals and businesses make informed decisions about MBI insurance NZ their vehicle coverage needs. MBI Insurance is the Same as Extended Warranty One of the most common misconceptions about MBI insurance is that it is synonymous with an extended warranty. In reality, MBI insurance differs significantly from extended warranties. While vehicle manufacturers and dealers typically offer extended warranties, MBI insurance is a separate form of coverage insurance companies provide. Unlike extended warranties, MBI insurance can offer more comprehensive protection, includin...