A Mechanical Warranty and a service plan are two completely different things. People often confuse a Mechanical Warranty and a service plan. In this article, Bidvest Insurance outlines the difference between a Mechanical Warranty and a service plan.
What is a Mechanical Warranty?
A Mechanical Warranty is an insurance policy. A Mechanical Warranty provides you with cover for your car should your car undergo a mechanical or electrical breakdown. A Mechanical Warranty is designed to offset these repair costs when a mechanical or electrical breakdown occurs. A Mechanical Warranty protects your pocket against the breakdown of a host of mechanical and electrical components in your car.
Bidvest Insurance provides a wide range of Warranty products for vehicles of various ages and kilometres. All the Bidvest Insurance Warranty options include 24 hour roadside and medical assistance.
What is a service plan?
A service plan is a type of plan that pays for your car’s services. A service plan usually focuses on scheduled services. These services are normally carried out every year or every 15,000 kilometres to 20,000 kilometres, whichever comes first. Most car manufacturers sell service plans as a value added product.
Service plans typically cover the most basic car care items. Service plans often include things like oil changes, filter replacements and spark plug replacements. A service plan is a completely separate policy from a Manufacturer’s or Mechanical Warranty.
At Bidvest Insurance, we don’t provide service plans. Bidvest Insurance does, however, provide a variety of Warranty products for vehicles of various ages and kilometres.
The cost of a new engine or gearbox can easily wipe out your entire emergency fund. Is it really worth the risk? Get protection now. Purchase a Mechanical Warranty from Bidvest Insurance and protect yourself from unexpected breakdowns. Get a Mechanical Warranty from Bidvest Insurance today.