Mechanical Breakdown Insurance

[PyrPatriot]

So when I bought my Gladiator I called my insurance company and added it before the ink was dry. Policy wasn't raised by much (though I have heard for some it increased greatly). Not wanting to assume it was just because I was adding a bought-new car to the policy, I looked at the details. Apparently the insurer added something called Mechanical Breakdown Insurance. Basically this is different (and claimed to be better than) extended warranties.

You qualify by buying a new vehicle, being the first owner, and registering it within 15 months of purchase and not having 15,000 miles on the vehicle.

The policy covers EVERYTHING except

-- Regular maintenance services such as tune-ups, suspension alignment, wheel balancing, filters, lubrication, coolant and fluids, spark plugs, brake pads and lining, brake shoes and tires (includes tire wear and/or tire damage)
- This basically means that Mechanical Breakdown Insurance will not pay for getting your vehicle's oil changed or replacing the tires; such maintenance is the vehicle's owner's responsibility
-- Pre-existing conditions: for example, if your vehicle's engine was damaged or in need of repair prior to adding Mechanical Breakdown Insurance, we would not be able to provide coverage for the needed repair because the issue existed before it was covered.
-- Breakdown repairs made necessary by intentional damage, corrosion, misuse, or improper maintenance
- Example 1: if your vehicle's transmission is damaged while recreationally driving the vehicle off road, we cannot provide coverage to repair the transmission because the vehicle was being used for purposes not covered on your policy.
- Example 2: if repairs or maintenance are needed as a direct result of not having the oil changed for a significant amount of time, MBI would not provide coverage because the vehicle's need for oil changes was not properly maintained.

In regards to pre-existing conditions, they would not be covered. For example, if the engine breaks down and is still broken down when you add Mechanical Breakdown (MBI) coverage back onto the policy, we would not cover that type of repair. Any claims for MBI would go through one of our MBI claims specialists.

Eh, it's about $7 a month for me. I'm happy to have it. Looks like it would be treated the same as insurance for motor vehicle collisions. I can have the coverage for 7 years.

Something for folks to keep in mind

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[Gatorized]

At about $600 for 7 years of coverage it is a bargain compared to the extended warranty, but it sounds like it has too many conditions to expect to get coverage.

 

[PyrPatriot]

At about $600 for 7 years of coverage it is a bargain compared to the extended warranty, but it sounds like it has too many conditions to expect to get coverage.

I specifically asked for what was excluded, what the terms were defined as, etc. What I posted was direct from my insurer. So by getting the coverage as soon as I got my Jeep, nothing can be pre-existing. For those of us who are first time Jeep owners or only do mild off-roading (like dirt roads), this is perfect to bank against the factory 3yr "bumper-to-bumper" and 5yr "power train" warranty.

 

[NFRs2000NYC]

Worth every cent....and they don’t fight you NEARLY as much as a dealer would if you have a problem....they don’t blame mods, user error, etc. Had it on all my vehicles in the last 10 years, and it has paid for itself. GEICO is covering my $2000 catalytic converter on my eco diesel grand Cherokee, something my maxcare denied. Save your money, don’t buy the worthless maxcare (they will always blame your mods for any problem...and I mean ANY) and get the MBI.

 

[Delhux]

Does it cover electrical components?

 

[NFRs2000NYC]

Does it cover electrical components?

If I remember correctly, yes, not sure if something like a battery is, would have to read the policy, nor have I ever used it for anything electrical.

 

[WXman]

Mine went up so much ($50/month) when I switched from Wrangler to Gladiator that I wouldn't dare add anything more to the policy. The pricing for insurance on these trucks is insane.

The liability, personal injury, property damage, etc. is actually lower than the wife's 2018 KL. It's the collision part of the policy where they really bend you over and don't use lube. Good grief....

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