Understanding Mechanical Breakdown Insurance: What It Covers

If you own a vehicle, you probably already have insurance to protect you in case of accidents. But what about those unexpected mechanical failures? That's where mechanical breakdown insurance (MBI) comes in.

MBI is designed to cover the costs of repairs to your vehicle when it experiences a breakdown due to mechanical failure. In this article, let’s explore what Compare Best Mechanical Breakdown Insurance NZ covers and why it's important to consider adding it to your auto insurance policy.

What Does MBI Cover?

Mechanical Breakdown Insurance NZ

Mechanical insurance covers the cost of repairing or replacing covered vehicle components when they break down due to mechanical failure. While coverage can vary depending on the insurance provider and policy, typical components covered by MBI include:

Engine

MBI can cover repairs to your vehicle's engine, including components such as the cylinder block, cylinder head, and internal parts.

Transmission

Coverage may extend to the transmission and its internal components, such as the torque converter, transmission case, and gears.

Drive Axle

This includes repairs to the components that transfer power from the transmission to the wheels, such as the drive shafts, constant velocity joints, and differential assembly.

Electrical System

MBI may cover repairs to the vehicle's electrical system, including the starter motor, alternator, and wiring harnesses.

Cooling System

Coverage may extend to components of the vehicle's cooling system, such as the radiator, water pump, and thermostat.

Air Conditioning and Heating

MBI can cover repairs to the vehicle's air conditioning and heating systems, including the compressor, condenser, and heater core.

Suspension

This includes repairs to the vehicle's suspension system, including the shocks, struts, and control arms.

Brakes

MBI may cover repairs to the vehicle's braking system, including the master cylinder, brake booster, and callipers.

Fuel System

Coverage may extend to components of the vehicle's fuel system, such as the fuel pump, fuel injectors, and fuel tank.

Why Do You Need Mechanical Breakdown Insurance?

While standard auto insurance policies typically cover damages resulting from accidents, they may not cover repairs to your vehicle's mechanical components if they break down due to normal wear and tear.

This is where mechanical breakdown insurance NZ comes in handy. Here are a few reasons why you should consider adding MBI to your auto insurance policy:

Protect Your Investment: A vehicle is a significant investment, and unexpected mechanical repairs can be costly. MBI provides an extra layer of protection, ensuring that you won't have to pay out of pocket for expensive repairs.

Peace of Mind: With MBI, you can drive with confidence knowing that you're protected against unexpected mechanical failures. Whether you're driving across town or across the country, you can rest assured that you're covered.

Save Money: The cost of MBI is often much lower than the cost of paying for repairs out of pocket. By adding MBI to your auto insurance policy, you can save money in the long run.

Convenience: Dealing with a mechanical breakdown can be a hassle, especially if you're far from home. With MBI, you can take your vehicle to any licensed repair facility, making the claims process quick and easy.

How Much Does Mechanical Breakdown Insurance Cost?

The cost of mechanical insurance can vary depending on factors such as the make and model of your vehicle, your driving history, and the level of coverage you choose. However, MBI is typically very affordable, with premiums ranging from $50 to $200 per year.

In Conclusion

Mechanical insurance provides an extra layer of protection against unexpected mechanical failures. By covering the cost of repairs to your vehicle's mechanical components, MBI can save you money and provide peace of mind. If you're looking for added protection for your vehicle, consider adding mechanical breakdown insurance NZ to your auto insurance policy.

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