These plans pay for mechanical breakdown repairs but aren’t considered insurance products. olive offers MBI in California and vehicle service contracts in most other states (except Florida).

Route 66 Warranty has three extended auto warranty plans, also called vehicle service contracts, for mechanical breakdown. Plans feature bumper-to-bumper, powertrain or drivetrain coverage.

Extended warranties can cost thousands of dollars, and for certain vehicles, mechanical breakdown insurance is as low as $10 per month," Sheets says. Ultimately, both types of coverage help you ...