Full coverage insurance will not cover a vehicles blown engine unless the engine failure was due to an accident.
Full coverage and comprehensive and collision insurance coverage may help pay for engine repairs if the damage was caused by an accident, natural disaster, vandalism or other covered event.
However full coverage car insurance does not pay for or cover mechanical failures, natural wear and tear or any manufacturing defects.
The engine and transmission are some of the costliest components to replace on a vehicle, which can result in a totaled designation.
So if your engine blew or failed or the transmission went out then the vehicle would likely be considered totaled.
Also gap insurance doesn't cover mechanical breakdowns, like engine failure or a broken transmission.
Gap insurance only covers you when your car can't be repaired because it was stolen or totaled.
Gap insurance pays for the difference between your car's actual cash value and the amount you still owe on your loan or your leasing.
The value of a vehicle with engine problems depends on numerous factors including the year, make, model, mileage, condition, location, and more.
If your engine blows up on you and you want to sell it, you can get anywhere from $500.00 to $1,500.00 or sometimes a bit more depending on what kind of car you have.