Sentences with phrase «adding mechanical breakdown insurance»

Not exact matches

Listen to ASIC Deputy Chairman, Peter Kell talk about the sale of add - on insurance policies like mechanical breakdown insurance through car dealers and how the market is failing consumers.

Mechanical breakdown insurance, or motor breakdown insurance (MBI), is a type of add - on insurance policy that a car dealer might offer you when you buy a car from a car dealer.

Mechanical Breakdown Insurance can be added as an endorsement to your auto policy.

Mechanical Breakdown Insurance: If you currently own a new car or have a leased vehicle that is still under warranty, you don't need this added to your car iInsurance: If you currently own a new car or have a leased vehicle that is still under warranty, you don't need this added to your car insuranceinsurance.

However, mechanical breakdown insurance policies offered by car insurance companies are usually added to your current car insurance premium and paid for in monthly installments.

Other optional endorsements Mount Vernon car owners could think about adding to their insurance plans include accidental death and dismemberment, gap coverage, spousal liability protection, towing and labor costs, and rental insurance for cases of mechanical breakdown.