How aftermarket car warranty works

Nobody wants to be landed with a big repair bill if their car breaks down, but car ownership is rarely plain sailing and the occasional hefty invoice is pretty much guaranteed. After all, cars are complex machines and parts are bound to wear out or break from time to time. When this happens the sudden impact on your finances can be painful. There is a way of evening out your expenditure though, and that’s to buy an aftermarket car warranty which works in the same way as insurance. Indeed, some providers call it a Mechanical Breakdown Insurance (MBI) policy, but it’s not tied to your car insurance and your occupation, age or where you live won’t affect the premiums.