Does Auto Insurance Cover Engine Failure?

​The term "full coverage" may lead policyholders to believe that everything in their vehicle is protected. However, this is not always the case. Full coverage insurance usually does not cover engine failure, as most plans do not include technical glitches.

Most full coverage auto insurance doesn't cover regular car maintenance and custom parts either. Warranty and mechanical breakdown insurance (MBI) are the most typical choices for paying for engine repairs. Both offer benefits and limitations, but either can provide you with tremendous convenience.

Mechanical Breakdown Insurance (MBI)
Mechanical breakdown insurance (MBI) is an optional feature that some companies offer. Fortunately, MBI often covers beyond an extended warranty and other mechanical concerns you may encounter, such as:

• Brakes
• Exhaust
• Steering 
• Drivetrain
• Transmission
• Cooling and heating systems
• Internal computer and GPS

MBI does not cover the replacement of brake pads, although it does assist in repairing brake system issues. Another note is that MBI is usually renewed for a few years after signing up. To qualify, your car must be relatively new, less than 15 months old, and have less than 15,000 miles.

Warranty Benefits
You will almost always be given the option of acquiring a warranty after buying your car. Warranties cover your car's systems, replacing any faulty parts. Ultimately, warranties are valid for a specified time, usually a few years or a certain number of miles.

Powertrain Warranty
This warranty covers only a few car parts, such as the engine, drive axles, and transmission. If the warranty doesn’t specifically say that parts are not covered, they are not covered.

Bumper-to-bumper Warranty
This guarantee covers every car part that could break and cause engine failure, but it does not cover your bumpers. It's protected as long as the warranty doesn't say otherwise.

MBI Cost
Generally, MBI costs around $100 per year or roughly $8 per month. The car model you want to cover, on the other hand, will have a significant impact on the cost of your coverage. If your car is costly to repair and requires brand-specific auto parts, you'll almost likely pay significantly more.

Just like any auto insurance, MBI has large deductibles. So, you'll still have to pay for certain car repairs out of your pocket.

Conclusion
It's never nice to have an engine failure. However, it doesn't have to cost you your whole bank account to repair. Your standard insurance policy will not cover engine failure. So secure yourself a warranty or mechanical breakdown insurance.

At Arnold Insurance Agency, LLC, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (318) 965-5953. Get your free quote today by CLICKING HERE. Any coverage discussed is not guaranteed. Please contact us today to go over your policy to ensure your needs are met! We are here and happy to help.