Progressive Mechanical Breakdown Insurance Review

Overview

When most people think about automobile insurance policies, they think about liability insurance coverage, collision insurance coverage, comprehensive insurance coverage, and even lease gap insurance coverage. Less on people’s minds, because of awareness, is mechanical breakdown insurance, otherwise known as MBI. This type of insurance covers damage to vehicles that is not related to automobile accidents.

There are many things on a car that can break, and a lot of them end up costing more than $1,000 easily. There are a lot of people that cannot afford a $1,000, $2,000, $3,000 or more expensive if it were to come up suddenly and unexpectedly. This is why mechanical breakdown insurance exists. By spreading your payments out to get coverage, you can avoid being hit with a large expense that could have larger impacts on your life. Progressive insurance offers mechanical breakdown insurance, though they call it a mechanical repair plan. Here are the details about the policy.

Pros and Cons

There are a number of positives, and a few negatives when it comes to purchasing mechanical breakdown insurance from Progressive. The policy that is offered by Progressive Insurance is actually a third-party plan, which is provided by a company called WarrantyDirect. Some people may consider this a positive, and others may consider this a negative, and it often depends on which third-party company insurance is provided by in cases like these.

In terms of solid positives, you should know that your mechanical repair policy can be used to cover the costs of any licensed repair shop. Even better, Progressive states that you will only pay one deductible per shop visit, which can save money on car repairs if multiple auto repairs need to be done in one visit. Of course, like many other plans, you get roadside assistance, trip interruption protection, and rental car reimbursement. While many companies also offer all three of these things with MBI, not all do.

There are not many negatives when it comes to getting a policy from progressive, but you should note that it does offer coverage for older cars, as well as high mileage cars. Keep in mind, though; you will be paying a higher premium to get coverage for these types of vehicles.

Coverage From Mechanical Breakdown Insurance

Finding a mechanical breakdown insurance plan is not always easy to do; not all car insurance providers offer them to policyholders. Fortunately, Progressive is a car insurance company that does. Their Mechanical Repair Plan is on this top five list for very good reason, with a lot of positives and not many negatives.