Does Car Insurance Cover Repairs? (2022) – MarketWatch

September 21, 2022 by No Comments

When your vehicle is damaged, it’s helpful to know whether your car insurance policy covers repairs. However, whether repairs are covered depends on the type of repair needed and the cause of the problem. Unless the issues are expressly caused by covered incidents such as accidents, acts of vandalism or severe weather, car insurance won’t pay for repairs.

The good news is that some auto insurance companies offer optional add-ons to cover a wide range of vehicle repairs. These policies often cover parts and labor as well, which can create major savings in the long run. 

In this article, our Home Media reviews team will examine what standard car insurance policies cover and how you can add more protection. We’ve also ranked the best car insurance companies to help you consider your auto coverage options.

Basic Types of Car Insurance

Most states require drivers to have some level of car insurance. In states that require coverage, minimum liability insurance is typically all you need. That means you only have to carry enough insurance to cover other drivers’ property damage and injury costs in accidents you cause. However, liability car insurance doesn’t cover repairs to your vehicle. 

To protect your car from certain types of damage, you’ll want to consider adding comprehensive and collision coverage to your policy.

  • Comprehensive coverage: This type of insurance protects you from damages caused by vandalism, theft, natural disasters and other acts of nature. It also covers damage from hitting an animal or rodents chewing through your car’s wiring.
  • Collision coverage: Collision protection covers damage to your car from any accident, no matter who is at fault. Whether it’s a collision with a car, tree, fence or guardrail or damage from a road hazard such as a pothole, you’ll be covered with collision insurance.

Standard car insurance typically doesn’t cover the cost of repairs related to routine wear and tear or mechanical breakdowns. However, some companies offer additional coverage options that may cover these costs.

Car Repair Insurance

While having comprehensive and collision coverage can save you from significant out-of-pocket costs, it won’t help you in the event of a mechanical breakdown. That’s where car repair insurance, often called mechanical breakdown insurance (MBI), comes in handy.

It’s important to note that not every auto insurance provider offers MBI, and those that do often have limitations on when it can be purchased. You might be limited to buying MBI when your vehicle is below a certain age or mileage level.

MBI vs. Extended Warranty Coverage

MBI is similar to an extended car warranty as it covers many of the same components. Although MBI doesn’t cover the replacement of wear-and-tear items like brake pads, spark plugs, filters or tires, it does help pay for repairs to key engine components and a host of other essential parts in the case of a breakdown. 

You’ll have more purchasing flexibility with an extended warranty than with MBI. For a manufacturer extended warranty, you typically have at least until your factory warranty expires to purchase additional protection. Many third-party warranty …….



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