Auto Repairs Transmissions
Auto Repairs Transmissions

found an auto repair policy for mechanical repairs only. cost 300 a year. good deal?
policy pays 50% of parts and labor. says no major engine or transmission replacements. all other okay. gives benefits back after 2 years if you dont utilize claims. sounds legitimate. and i do range from 250- 500 on minor repairs per year. oh.. does not pay for maintenance and new tires
Seems like you will loose money. If you pay $500 for repairs, and your contract pays half, you'll get $250 back but the contract costs $300.
You need to spend $600 for repairs just to break even.
I wouldn't buy it.
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