MECHANICAL REPAIR COVERAGE
MEMBER'S
CHOICE® Mechanical Repair Coverage
For
just a few dollars a month, Mechanical Repair
Coverage (MRC) could save you thousands.
Getting an auto loan is about more than just the
right rate. It's also about having the right protection.
MEMBER'S CHOICE® Mechanical Repair Coverage
helps ensure that major repairs to your car are covered when
the unexpected happens. A few dollars a month in premiums
can protect your vehicle and your finances from expenses that
could total hundreds or even thousands of dollars!
Mechanical Repair Coverage begins on the
date of purchase and continues after your manufacturer's warranty
expires. The plan also covers rental and towing reimbursement,
24-hour roadside assistance and emergency travel expense.
You
should consider MRC protection if you have miles
and/or years at risk.
Ask yourself these four simple questions to help determine
your need for Mechanical Repair Coverage:
- How many miles do you drive in a year?
- How many years do you plan to keep your
vehicle?
- How many total miles do you expect to
drive your vehicle?
- How many miles remain under your factory
warranty, if any?
Purchasing MRC before your manufacturer's
warranty expires can provide you with seamless, uninterrupted
protection.
The
MRC plan pays for parts and labor for any
covered repair.
You pay only the deductible amount you select - $0, $50, $100.
The
plan also includes:
Rental reimbursement up to $30 per day for up to 5
days if your car is kept out of service overnight for a covered
breakdown.
Towing reimbursement up to $50 per occurence for covered
breakdown.
24-hour, toll-free roadside assistance, which covers
towing, jump starts, flat tire changing, fuel, oil or other
fluid delivery, and entry when keys are locked.
Emergency travel expense up to $500 for lodging, meals
and transportation if your car breaks down more than 100 miles
from home.
The MRC plan is:
- Good at authorized automobile
dealers or repair facilities in the U.S. and Canada
- Transferable if you sell your
vehicle to a private party.
- Cancelable at any time on a pro-rata
basis.
- Convenient, with toll-free customer
service and communications.
- Hassle-free, because the repair
facility is paid directly by the plan.
- Flexible, since you can choose
coverage and terms (months and miles) that match your vehicle
and your driving habits.
Contact
your credit union today for more information
or a quote on MEMBER'S CHOICE® Mechanical
Repair Coverage. Use our calculator
to estimate the cost of a policy on your vehicle.
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