Getting your car insured is probably the first thing you need to do after getting it. Buying a car is never an inexpensive thing to do, and you would surely like to keep it safe at all times. In case of sudden breakdowns, accidents or leakages, this insurance can come in handy and offer you an affordable solution.

What is an Auto Insurance?
Auto insurance serves as an agreement between the car holder and the company, which pays for any monetary loss from your side in case of any theft or accident. In order to get the benefits, you must pay a monthly or annual premium, as opted by you, to the insurance company based on their guidelines. These guidelines mention all the specific details about your insurance policy and must be read carefully. Most countries have made it compulsory to have an automobile insurance that provides you with economic protection in case of an unfortunate event.

Why Mechanical Break Insurance?
When discussing car insurances, people usually think about collision insurance coverage, lease gap insurance coverage, liability insurance coverage or comprehensive insurance coverage. What they forget to think about is, mechanical break insurance, also known as MBI. This is an extremely beneficial insurance for you to have, as it covers damage that is not related to car accidents.

Several things in a car can break due to varied reasons. The repairs may cost you upwards of $1,000 easily depending upon how much repair work needs to be done. In most cases, people are not ready to immediately spend such an amount and keep using the car in a broken condition, further damaging the parts. This is the sole reason why progressive mechanical break insurance exists in place. By spreading the payments out in order to get coverage, you can make a smart decision and avoid spending a large expense on your car. A number of companies offer this kind of insurance, which ensures that you will get the right mechanical repair for your automobile at a very nominal spread out charge.

Different Companies, Different Policies
The mechanical repair policy of different companies provides different benefits to the customer. They can be annual, or a specific time period. Most policies will cover the whole repair cost of the car, however, in some special scenarios, it may only cover portion of the costs. Due to this, it is important to read all details and documents regarding the insurance beforehand to ensure that you don’t end up paying even more afterwards. 

Several additional benefits may also be available depending upon the company. Lastly, there are some companies that do your insurance by themselves, or there can be other that get it done through third-party companies. Both have their own advantages and disadvantages, and only by looking at all the offered benefits and terms can you decide which one is better for you.
Some companies might not insure specific types of cars, or only specific types of cars. Many companies do not insure old cars anymore and it can be a hassle for you, as a car owner if that’s the case with your car. You need to check up with the company in advance whether your car can get insured and if it can be, how long will the plan be of and whether they are considering discontinuing insurance for that specific car/model. 

Additional assistance provided by the companies may include roadside assistance, rental car reimbursement, trip interruption protection etc. Do remember that this is subjective and not everyone might offer all these.
In order to get the full benefits of your automobile insurance, you need to select the right mechanical repair policy, such as progressive mechanical breakdown insurance.