Mechanical
Breakdown
Insurance
We
KNOW you love your car… so
PROTECT it with Mechanical Breakdown
Insurance (MBI) from Matadors
Community Credit Union!
What's
the difference? COST!
Dealers
love to sell their extended warranties… which
offer LESS VALUE than the credit
union's MBI program, and typically
cost hundreds of dollars more!
In addition, the MBI program
is extremely flexible. Here's
a brief overview:
Simple
Claims Procedure -
Your vehicle may be repaired
at any licensed repair facility
in the United States or Canada
with prior approval.
Direct
Payment To Repair Facility -
AFI Management Company will
supply a national credit card
to the repair shop for payment
of all authorized repair costs,
less your deductible. The average
deductible is between $25 and
$50, depending on the type
of plan you select.
60-Day
Money Back Guarantee -
As long as you have not filed
a claim, you may cancel anytime
during the first 60 days and
get a 100% refund!
Easy
Payment -
100% of the cost may be included
in your MCCU auto loan.
Transferable
Coverage -
If you should decide to sell
your vehicle to a private owner,
the coverage may be transferred.
Or, if you prefer, you may
cancel the coverage and request
a pro-rated refund.
Cap
On Rising Repair Costs -
This feature protects you against
inflation as parts and labor
costs continue to rise!
Superior
Coverage -
Top-of-the-line named exclusion
coverage insured by "A-" Best
Rated American Mercury Insurance
Group will save hundreds of
dollars over comparable manufacturer's
service contracts.
Best
of all, MBI coverage is available
for both New and Used Cars!
If your vehicle is still under a manufacturer's warranty…
you may qualify for MBI coverage under a new-car policy. However,
for a used car no longer under the manufacturer's warranty, your
MBI policy must be arranged within 10 days of the car purchase to
be eligible for coverage. Other restrictions may apply.
Click here
for a free quote!
PLEASE
NOTE: This page outlines some
of the main features of the
MBI plan, but is not a complete
list of benefits. For more
information, please call the
MCCU Loan Department at (818)
993-6328.
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