Geico Mechanical Breakdown Excluded on 2015 M5?

variable229 · 09-26-2014, 06:19 PM

It seems that you can get MBI coverage from Geico on a new 2014 M5 / m6 but you cannot get any coverage for 2015 m5 / m6.

Their warranty for MBI has a $250 deductible and generally is a great value for 7year/100k coverage for ~$100/year.

Does anyone else have this problem getting MBI coverage on a 2015?

ezmaass · 09-26-2014, 08:52 PM

I'm a big fan of the MBI from Geico. I have it on all of my cars, but I was denied it for my 2015 R8. No rationale given, only that they didn't offer it for that car. Then again, they couldn't even quote me with just the VIN - had to ask me for the MSRP. So I have a feeling they probably just don't cover cars over a certain dollar figure or something.

PatrickC23 · 09-27-2014, 01:20 PM

That's unfortunate, its one of the main reasons I stay with Geico. It's the only thing that would make me comfortable about keeping the M5 past warranty.

Perhaps Geico has been hit recently with some significant claims on these higher end cars.

stealth.pilot · 09-27-2014, 03:15 PM

Have you ever made an MBI claim with Geico? My fear would be they use third-party shops and parts.

variable229 · 09-27-2014, 04:20 PM

Quote:

Originally Posted by stealth.pilot

Have you ever made an MBI claim with Geico? My fear would be they use third-party shops and parts.

I have used MBI on a previous M3 I owned. Car was at the BMW dealer, covered all OEM BMW parts and labor.

09-26-2014, 06:19 PM	#1
variable229 Private First Class 23 Rep 161 Posts Drives: M5 Join Date: Oct 2008 Location: Southern California iTrader: (0)	Geico Mechanical Breakdown Excluded on 2015 M5? It seems that you can get MBI coverage from Geico on a new 2014 M5 / m6 but you cannot get any coverage for 2015 m5 / m6. Their warranty for MBI has a $250 deductible and generally is a great value for 7year/100k coverage for ~$100/year. Does anyone else have this problem getting MBI coverage on a 2015?
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09-26-2014, 08:52 PM	#2
ezmaass Lieutenant Colonel 370 Rep 1,698 Posts Drives: '17 650xi GC / '15 Audi R8 V10 Join Date: Oct 2008 Location: CT iTrader: (0)	I'm a big fan of the MBI from Geico. I have it on all of my cars, but I was denied it for my 2015 R8. No rationale given, only that they didn't offer it for that car. Then again, they couldn't even quote me with just the VIN - had to ask me for the MSRP. So I have a feeling they probably just don't cover cars over a certain dollar figure or something. __________________ 2017 BMW 650xi Gran Coupe \| MSport \| Exec Package \| Driver Assist Plus \| ACC Stop & Go \| Adaptive Drive \| B&O \| Night Vision \| Cold Weather \| Active Seats 2015 Audi R8 V10 \| Brilliant Red on Black \| S-Tronic \| Carbon Sideblades \| Carbon Trim \| Full Leather \| Sport Exhaust \| Illuminated Doorsills \| I-Pod \| Contrast Stitching Previous: '14 550xi, '07 335i, '01 325i
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09-27-2014, 01:20 PM	#3
PatrickC23 Colonel 184 Rep 2,245 Posts Drives: '16 991.1 911 GTS, '16 F85 X5M Join Date: Apr 2012 Location: NNJ iTrader: (0) Garage List 2013 BMW ///M5 [0.00]	That's unfortunate, its one of the main reasons I stay with Geico. It's the only thing that would make me comfortable about keeping the M5 past warranty. Perhaps Geico has been hit recently with some significant claims on these higher end cars. __________________ 2016 991.1 911 Carrera GTS 2016 F85 X5M - Carbon Black/Mugello Red
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09-27-2014, 03:15 PM	#4
stealth.pilot Knight Commander 559 Rep 5,948 Posts Drives: 2014 911 Turbo S Join Date: Aug 2010 Location: Buckhead iTrader: (0) Garage List 2014 Porsche 911 Tu ... [10.00] 2015 Mercedes-Benz ... [0.00] 2015 Jaguar F Type R [0.00] 2014 BMW M5 [0.00]	Have you ever made an MBI claim with Geico? My fear would be they use third-party shops and parts. __________________ 2022 Mercedes-Benz EQS 580 2020 Mercedes-Benz GLE 450 Ordered: EQS580, BMW IX, Lucid Air Touring, Corvette Stingray
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