A lot of people don't even know that they can buy auto repair insurance to cover the costs of unexpected mechanical or electrical faults in their vehicle. Did you?
We all know that we must have liability insurance in order to legally drive on public roads.
No doubt the majority of car owners are also aware of the optional comprehensive and collision coverage that they can purchase to protect themselves if they're involved in an accident.
You may even be aware of the very affordable roadside assistance services that are available in case you get stranded or need a tow - one of the best investments, in my opinion. ;)
But we don't often hear much talk about auto repair insurance. Wouldn't it be so great to know that if your car breaks down, not only can you get it towed to a repair shop, but breakdown cover will pay your repair bill, too?
Let's face it. Most of us have probably experienced some type of car breakdown over the course of our driving history; some of us more often than others!
Not everyone can afford to buy a brand new vehicle. Those who purchase a second hand car may end up driving around someone else's problem that they are going to eventually be stuck paying for.
Of course, any vehicle can develop a fault over time, even a car that you purchased right off the factory floor.
New cars come with a manufacturer's warranty that will cover most problems for a limited amount of time. But after the warranty runs out, it's great to have a back up plan in place.
That's where breakdown cover or breakdown insurance comes into the picture.
Auto repair insurance really comes in handy to cover some of the common big expenses that arise when your car suddenly starts acting up.
Keep in mind that the smaller basic repairs are not usually covered under your warranty insurance. Routine maintenance repairs like spark plugs, hoses, belts, and lines that suffer general wear and tear aren't part of the deal.
It's those huge expenses when a major component goes (we've had our transmission blow twice!), that really make you feel the financial pain. That's what a vehicle protection plan like what I'm talking about is for!
You can check with your current auto insurance provider to see if they have an optional car breakdown insurance that you can add to your policy, but I would suggest that you consider the Good Sam Extended Service Plan. They offer good deals backed by good service and ease of use. They are my top pick for both roadside assistance and breakdown cover, so get a free quote and see what they can offer you.
Ultimately, I hope you never have to use your car repair insurance, but it definitely more than pays for itself if you have a problem.