There is another way to accomplish the same thing.
Geico offers Mechanical Breakdown Insurance (MIB)
There are some strings attached. You have to have your auto policy with them, It must be purchased within 6 months of new, and renewed with your auto policy. It can be kept for 7 years IIRC.
I was offered this by Geico when my 2011 truck was new. It was a new product for them. It started out costing 16.25 for 6 months and slowly increased as the factory warranties expired. It is now 60-70.00 for 6 months. I have read where some other brands known for very expensive repairs are quite a bit more. This makes sense, as they price risk. And they are very good at it. In fact this can be used as a tool to judge the reliability of various make/models.
I have found this coverage to be an excellent value in my case.
I would encourage you to check it out for yourself.
