Breakdowns happen. Financial stress is optional.
Breakdown Insurance Usually Costs Less Than a Vehicle Warranty
Your vehicle is your transportation lifeline. Extend its life and protect your budget by selecting mechanical breakdown insurance.
Give yourself peace of mind
You’re covered for expensive repairs during the full life of your loan.
This coverage package continues to protect your investment after the manufacturer’s warranty has ended. The vast majority of costly mechanical and electrical failures occur after the factory warranty has expired but before the loan is paid off.
I’m interested. Tell me more.
- Available for autos and light trucks.
- Four levels of protection available.
- Repairs can be performed at any licensed repair facility in the US or Canada.
- Direct payments are made to the repair facility.
- Coverage can be transferred if you sell the vehicle before your contract expires.
Your loan officer will provide you with detailed information. Purchase of breakdown coverage is optional and will not affect your application for credit.1
Get Roadside Assistance When you Need it
There are four levels of protection to fit your budget. Plans provide differing amounts of reimbursement for the following situations.
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Emergency Services
- Lock-Out Assistance
- Fuel Delivery Service
- Flat Tire Assistance
- Battery Service
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Non-Emergency Services
- Rental Vehicle Assistance
- Tire Road Hazard Assistance
- Trip Interruption Assistance
Mechanical Breakdown FAQs
Mechanical breakdown coverage is significantly less expensive than a manufacturer’s extended warranty. However, breakdown coverage does have a deductible and an extended warranty may not require one. Ask questions and read the small print to determine which option is better for your situation.
There are four levels of protection offered. The base level includes the engine, transmission, drive axle, brake system, electrical system and air conditioning. The second level adds the steering and fuel systems.
Ask your Loan Officer for a brochure showing the coverage levels.
No. Auto insurance only covers damage due to accidents or theft.
This coverage is only for mechanical systems. It doesn’t cover routine maintenance, or non-mechanical repairs such as trim or paint. Important point – it also does not cover major repairs due to poor vehicle maintenance.
Ask a loan officer for details
(325) 677-2274
If you know your loan officer’s name, please reference it in your message.
(325) 677-2274 or (800) 677-6770.
Ask for the Loan Call Center
Disclosures
1Your base loan interest rate is determined by credit worthiness and will be reduced by .20% with the purchase of Mechanical Breakdown Coverage.