Are you overpaying for an Extended Warranty or Mechanical Breakdown Policy? | Insurance Incorporated Skip to main content

Are you overpaying for an Extended Warranty or Mechanical Breakdown Policy?

By January 17, 2014June 8th, 2020Insurance

Family in car

How many times have you heard stories about cars breaking down right after the manufacturers warranty expires? Our guess is, too many, so when you are purchasing a new vehicle the dealership offers to sell you an extended warranty on your new vehicle. You agree before taking the time to obtain alternate quotes only to find out you may have paid twice as much for the same coverage.

Mechanical Breakdown Protection Plans also known as “extended warranties” cover the cost to repair your vehicle when it breaks down. Benefits very based upon the plan you purchase, so be very careful in reading exactly what your plan will cover. Most plans exclude normal wear and tear items such as brakes, shocks, etc.

These plans are available for both new and preowned vehicles and often can be purchased from an independent insurance agent and cost hundreds less. Mercury insurance offers a mechanical breakdown plan that provides additional benefits at no extra charge such as 24-hour roadside assistance, rental vehicle assistance, tire protection, trip interruption coverage, nationwide protection, repairs can be done at any licensed US repair facility (you choose where to take your vehicle) and coverage is transferable.

So if you just purchased a new vehicle, are thinking of purchasing a new vehicle or if your manufacturer’s warranty is about to expire soon contact one of our agents for more information or a free quote. It will only take a few minutes and it could save you thousands of dollars down the road.

Tim Dean lic #0235201

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