Mechanical Breakdown Insurance - Essential and Extreme Cover
What is MBI?
Mechanical Breakdown Insurance (MBI) covers the reasonable cost to repair the actual failure of mechanical or electrical parts as a result
of a sudden and unforeseen breakdown that occurs during normal use in New Zealand, unless otherwise excluded in the policy book.
Types of Cover, Excess, Claim Limits and Vehicle Criteria
Below is a summary of the types of Mechanical Breakdown Insurance cover that we can offer you. Contact us for a quote or to step you through the MBI Essential and Extreme policy books for full terms, exclusions, conditions and benefits.
Essential
Claim Limits
$5000 - up to 160,000 kms - Standard, Special, European, Executive
$4000 - up to 250,000 kms - Standard, Special, European
$3000 - up to 300,000 kms - Standard, Special with $300 excess
Maximum amount paid for one claim is market value of the vehicle at the time of claim
Excess Options
Standard and Special - $100, $200, $300
European - $350, $450
Executive - $350, $450
Maximum Mileage
300,000 kms - Standard and Special
250,000 kms - European
160,000 kms - Executive
Maximum Age
20 years* - Standard vehicle
16 years - European
12 years - Executive
* Maximum age is 18 year for 36 months and 16 years for 48 months
Extreme
Claim Limits
Unlimited - Standard vehicle ($100 excess)
$12,000 - Special ($250 excess)
$10,000 - European ($350 excess)
$10,000 - Executive ($500 excess)
Maximum Mileage
160,000 kms - Standard, Special and European
100,000 kms - Executive
Maximum Age
12 years - Standard, Special and European
10 years Executive
It’s worth noting that ‘Extreme’ cover is enhanced to include airbags, suspension, clutches, factory fitted audio, fluids, filters, gaskets, oil, plastic componentry, shock absorbers, SRS airbags, sunroof and wiring looms.
Additional Benefits
AA Roadservice – 24 hours a day, 7 days a week, 365 days a year assistance with towing, flat battery, lockout service, lost keys, flat tyres and out of fuel (2 callouts per year).
Reimbursement for costs – If your vehicle takes more than 24 hours to repair and you are more than 100kms away from your home you may choose from the following up to the maximum claim limit:
Essential
Up to 5 days accommodation; or
Up to 5 days rental car hire costs; or
Up to $250 repatriation costs for your vehicle to your home address or another location
Maximum claim limit of $500
Extreme
Up to 10 days accommodation; or
Up to 10 days rental car hire costs; or
Up to $500 repatriation costs for your vehicle to your home address or another location
Maximum claim limit of $1,500
Important Information
You are required to keep your vehicle serviced at your cost to ensure the cover under this policy remains in place
Exclusions apply – please refer to the ‘We Do Not Cover’ sections of the policy books
You may cancel this policy by providing written notification to Autosure within 10 days of receiving your policy documentation.
Note: this is a summary only - please contact us to step you through the Autosure MBI Essential and Extreme policy books for full terms, exclusions, conditions and benefits. Autosure also provides cover for electric vehicles - contact us for more information.