Is there such thing as MBI Mechanical Breakdown Insurance for cars?

Is there such thing as MBI's Mechanical Breakdown insurance and if so where do I get it at. Last night when i got off work my car started sputtering alot and shaking then the check Engine Light came on. So to make a long story short. I got AAA tow it to their nearing approved facility to have it looked at. Luckily it is only going to cost me $209 for some kinda of starter cylinder thingy. My future concern though is what if it turns out to be something major next time that will be me into a financial hardship..? I for sure cannot afford $7000 to replace my engine.

Public Comments

1. That's what extended warranties are.
2. No. For some cars you can get an extended warranty after the factory one is out, but be aware they won't cover things like tires or brakes, or any of the components subject to wear unless you meet some requirements. I ran across one that wouldn't cover unless you "replaced the component that was about to fail before it did." buried in the fine print.
3. maybe you should have gotten extended warrienty.at least on the drive train.some insurance companies have a deductable where you pay a certain amount and they pay the rest.
4. There are plenty of Extended Warranty companies out there... see the link below for more information.
5. Take a look at this http://sirlook.com/hl03u article i found it should answer your question and also has some good information on car insurance and finding good deals etc.