Olive extends your car, SUV or truck's warranty coverage with Mechanical Breakdown Insurance (MBI for California Residents), and Vehicle Service Contracts (VSC) throughout the rest of the US. No Waiting Period. Easy Monthly Payments. No Yearly Mileage Restrictions. Backed by QBE, an insurer with over $15 Billion in 2019 assets under protection, an underwriter with an A+(Stable) financial strength ratings with Standard & Poor’s, Fitch Ratings & A.M. Best. olive has an “A” rating from the BBB