I haven't compared nuts to nuts, bolts to bolts, but my GEICO Roadside Assistance Coverage added $66 to my 6 Month premium. The StarLink Safety + Security cost me $81 for 3 years (I have a 36 month lease.) I believe this includes Roadside Assistance. I've had GEICO Roadside coverage for years but it didn't seem to make sense to pay for both.

 

I'm referring to their Mechanical Breakdown Insurance, which is around $6 per month for us. It should cover just about everything mechanical. So, if the transmission were to go bad, it should cost $250 (the deductible) for a repair or replacement.

We also have GEICO's Emergency Roadside Service and it is about $1 per month for us.

I'm not an expert on insurance, but maybe you should call and see if you can get a better rate. If you'd like to message me we can compare pricing to see what the difference is on each category.

 

This is really a flip of the coin IMPO.

1. you can buy a 100K $0 deductible Gold Plus Plan for say $1500
2. you can pay $72/year for 7 years with Geico and you're at an investment of $504
3. As long as you don't have more than 4 GEICO repairs, then you are ahead of the game
4. If you keep the vehicle a full 7 years, let's say, and you need more than 4 repairs, you'd have been better off with the Subaru plan

I did all the math and decided to get the Subaru plan since it also appears to cover more than what Geico will cover and, IMO, may very well be a cheaper alternative. If you keep cars until the wheels fall off, then Geico may be your better bet since you can go beyond the traditional 7-8 year terms (or the max term of 10 years) unless Geico has a time limit on their warranty.

I bought the 10 year/ 120K mile $0 deductible plan from Luke for my daughter's 19 Forester Sport so she didn't have to worry about anything. In Geico speak, that would cost $720 plus $250/repair and my guess is that there will be far more than 5 warranty repairs during that 10-year span which makes the Subaru plan a better investment knowing that she will not have this vehicle past the 10 year/120K mile term.

Just my two-cents.

 

GEICO will cover for up to ten years, 100,000 miles.

Subaru's Gold Plus, according to their website, is for eight years, 120,000 miles, or ten years, 100,000 miles. I didn't see a ten year 120,000 mile option.

I've read the ten year, 100,000 mile, $0 deductible plan can be purchased for as low as $1,700. So, $1,700 - $720 (ten years through GEICO) = $980, so four or more repairs and Subaru's plan is better, like you said.

But, if we are just going to keep our Forester for four years like our current one, then it's $1,700 vs $288 and in that case we'd need six or more repairs for Subaru's plan to make more sense. We have probably had three repairs, so as long as reliability is similar, GEICO is probably better for us.

I've kind of talked myself out of getting Gold Plus and staying with GEICO's Mechanical Breakdown Insurance. The eight year 120,000 mile plan through Subaru is probably better but I don't think we'll keep the new Forester that long.

 

As I stated, if you aren't keeping the vehicle long, the Geico is the better option.

 

with GEICO $6 per month do you have to start paying now or after car is 3/36 old ?

 

with GEICO $6 per month do you have to start paying now or after car is 3/36 old ?

It is effective immediately and the cash starts coming out of your wallet on your first payment.

 

They require you to get the plan within the first 15 months or 15,000 miles.

 

I have Geico but never even considered their breakdown coverage. Mechanical breakdown is only half the equation.... maybe less. I'm more concerned with electrical issues. Paying for a new HU, amp, window regulator, moonroof motor, rear hatch motor or any number of other electrical related issues. No thanks. A new ECU, fugetaboutit. I'll stick with the Gold plan and take my chances.

 

Just about everything is covered.

According to their website:

Includes all parts and systems not just the specific list of items covered by most dealer warranties.

Exclusions to this policy include regular maintenance services such as tune-ups, suspension alignment, wheel balancing, filters, lubrication, coolant and fluids, spark plugs, brake pads and linings, brake shoes, and tires. Also, breakdown repairs made necessary by intentional damage, corrosion, misuse, or improper maintenance are not covered. Mechanical Breakdown Insurance coverage is in excess of coverage provided by your manufacturer's warranty. Read the policy amendment for the complete terms and conditions of this coverage.

 

@New_Subaru +1. Thanks I will revisit that coverage. Terribly miss-named product. At the reported $6/mo worth a close look.

 

We're going with GEICO again for our new Forester. We just couldn't justify the warranty cost through Subaru. The dealer mentioned it was prorated upon cancellation, so it's possible it's worth it, but I don't know the exact cancellation policy.

 

It is prorated. Divide the total cost paid minus tax by how many months coverage. Subtract total months used from total months. That is refund amount. Months used start from date of purchase of vehicle no matter what month you purchase. The first three years you are paying for the right to have coverage after 36 months. Some people report a handling/service fee deducted from refund but after three refunds I've never paid it.

 

Thank you for explaining!

 

@New_Subaru...dealers RIP people off on extended warranties every day. If you want a real number on cost to have something solid to compare it to, call Luke for a quote at Westchester Subaru and tell him I sent you. In a previous post, it doesn't sound like you keep cars long enough so the GEICO may be your best option. May be a good exercise just to see how Luke's rate compares to what the dealer offered you.

 

Thank you.

According to another post it'll probably cost $1,700 through Luke, but I'm not certain. If that is correct it's probably not worth it for us.

 

Hmm. I need to pursue this for my '19 Crosstrek. I was not planning on getting extended insurance for it. May switch to geico.

 

It's great, but make sure you compare the difference in cost if you're switching from another insurance company, and remember you're kind of stuck with GEICO if you want to keep their Mechanical Breakdown Insurance plan.

Anyone know if Geico's MBI increases over time? If so by how much? Looks like OP has a 2015 and got a quote for ~$6 a month. My 2019 Limited with 3,000 miles is getting a quote for ~$2.60 per month. I was looking pretty heavily into the $1,700 10 yr/100k gold plus plan through Luke but the savings is substantial if you go with Geico and only have 1 or 2 claims (or hopefully 0, as Subaru's are supposed to be renowned for their reliability) over a 10 year period. But I'm wondering how much the $2.60 per month will be in years 6, 7, 8, 9. If they jack it up to $20 or $30 per month that certainly cuts down on the savings or could even make it a wash or a worse deal than Gold Plus. Of course there's no way to then switch out to the Gold Plus plan since the factory warranty has already expired. Only option would be to dump it and self insure.

I've noticed they increase their rate for roadside assistance coverage as the car ages. Not by much, maybe $1 or $2 every year, but I'm wondering if they do something similar for MBI and to what degree.

I don't know if it'll increase or not. We're still at around $6 per month on our 2019 Forester. I'm surprised you're getting quoted around half of what we are paying for the same vehicle. Maybe it's because we have made claims using it.

 

Anyone know if Geico's MBI increases over time? If so by how much? Looks like OP has a 2015 and got a quote for ~$6 a month. My 2019 Limited with 3,000 miles is getting a quote for ~$2.60 per month. I was looking pretty heavily into the $1,700 10 yr/100k gold plus plan through Luke but the savings is substantial if you go with Geico and only have 1 or 2 claims (or hopefully 0, as Subaru's are supposed to be renowned for their reliability) over a 10 year period. But I'm wondering how much the $2.60 per month will be in years 6, 7, 8, 9. If they jack it up to $20 or $30 per month that certainly cuts down on the savings or could even make it a wash or a worse deal than Gold Plus. Of course there's no way to then switch out to the Gold Plus plan since the factory warranty has already expired. Only option would be to dump it and self insure.

I've noticed they increase their rate for roadside assistance coverage as the car ages. Not by much, maybe $1 or $2 every year, but I'm wondering if they do something similar for MBI and to what degree.

 

Anyone know if Geico's MBI increases over time? If so by how much?

For our new Forester Touring, I took the GEICO MBI offer up 5% a year (assumed), and came to $880. Compared to $1,700 for 100K Gold, no deductible. So I'd need 4 fails to break even in 10 years. More fails favor the Subie Ex Warranty.
With all the new electronics is this a bad bet?
Will I get $800 more when I sell this car in 7 years with the 100K warranty?
Thanks for your input.

 

One thing is you go to Planet Subaru, you can get a big discount. At my dealer I paid like 1500 for 8 year $100 deductible for my '18XT. I got $0 deductible for my '19 Crosstrek at Planet Subaru for like $1150 . Not knocking the Geico