MECHANICAL BREAKDOWN
WHY CHOOSE FREIMARK AND ASSOCIATES' MECHANICAL BREAKDOWN PROGRAM?
- We offer FREE online tools to help your credit union and your members quickly and conveniently navigate their way to the best warranty option for them.
- The program offers several levels of protection, varying terms of coverage and multiple deduction options based on the vehicle selected and the driving habits of your borrower.
- Free credit union training on use of online software
- Loan Managers can conveniently track quotes and sales by loan officer, credit union branch and credit union.
- OPTIONS and SELECTION at prices below what your members are seeing at the dealership.
- Does the Dealer offer MONEY-BACK GUARANTEE on the program?
- Another valuable source of fee income while protecting your members from costly mechanical repairs.
Mechanical Breakdown Protection provides car owners valuable coverage against costly vehicle repairs. Protection can be purchased to supplement your vehicle's original manufacturer's warranty via named exclusion coverage (Platinum) or named component coverage (Gold, Silver and Bronze), or to cover your expired manufacturer's warranty (certain restrictions apply).
Fast and convenient claims are paid via the program underwriter. The borrower is only responsible for their deductible at the time of service.
While usually financed within the vehicle loan, our Mechanical Breakdown Product can be purchased separately by out-of-pocket funds.
See program contract for full details.
PROGRAM INCLUDES:
- Nationwide Protection (U.S. and Canada)
- Available for New and Pre-Owned Vehicles
- 24-Hour Roadside Assistance
- Rental Vehicle Assistance
- Tire Road Hazard Protection
- Trip Interruption Service
- Transferrable Coverage if you sell your vehicle before the agreement expires
- Fully Insured Program
- Direct Payment to Repair Facility
- One Deductible per Visit
- MONEY-BACK GUARANTEE – If your vehicle qualifies for our Money-Back Guarantee Program, and if you never experience a claim during the term of your agreement, you will qualify to receive a 100% refund of your premium!