Mechanical Breakdown Protection

Unexpected vehicle repairs can be stressful and expensive, especially after your manufacturer’s warranty expires. Mechanical Breakdown Protection from Connect Credit Union helps protect you from the cost of covered mechanical and electrical failures, giving you greater peace of mind on the road.

Mechanical Breakdown Protection is optional and available for qualifying vehicles based on plan terms, eligibility, and coverage requirements.

With flexible coverage options and zero-deductible plans available, we offer protection solutions for new vehicle purchases and for vehicles you already own, even if they are not financed through Connect Credit Union.

Connect Credit Union offers Mechanical Breakdown Protection options for eligible members across Florida, including Fort Lauderdale, Miami, Stuart, Broward County, Miami-Dade County, and Martin County.

Mechanical Breakdown Protection, often called MBP, helps cover the cost of certain mechanical and electrical repairs after your factory warranty ends.

Major vehicle repairs can cost thousands of dollars over time. Many drivers are unprepared for these expenses, which can disrupt budgets and create financial stress.

MBP helps reduce out-of-pocket costs and provides dependable protection for qualifying vehicles.

Choosing Mechanical Breakdown Protection through Connect Credit Union may provide:

• Coverage for many mechanical and electrical components
• Zero deductible options on select plans
• Nationwide repair coverage
• 24-hour emergency roadside assistance
• Rental car assistance during covered repairs
• Transferable coverage if you sell your vehicle

Coverage features vary by plan and state regulations.

1. Enroll in MBP when purchasing or refinancing your vehicle, or ask about coverage for an existing vehicle
2. If a covered breakdown occurs, take your vehicle to an authorized repair facility
3. Repairs are reviewed and processed according to plan terms
4. Depending on your plan, you may pay little to no out-of-pocket cost for covered repairs

Specific procedures vary by provider and plan.

Connect Credit Union also offers additional protection products for auto loan members:

1. Guaranteed Asset Protection (GAP)

• Helps cover the difference between insurance settlements and loan balances after a total loss

2. Credit Life and Credit Disability Insurance

• Helps protect your loan if covered life events affect your ability to make payments

Ask a loan officer about combining protection options for comprehensive coverage.

You invested significantly in your vehicle. Protecting that investment can help you avoid unexpected financial strain.

Without extended coverage, repairs related to engines, transmissions, electrical systems, and other major components may become your responsibility.

Mechanical Breakdown Protection helps you prepare for these situations before they occur.

Depending on your selected plan, Mechanical Breakdown Protection may help cover repairs related to:

• Engine and transmission
• Electrical and fuel systems
• Air conditioning and heating systems
• Steering and suspension components
• Other major vehicle systems

Ask a loan officer for detailed coverage information and exclusions.

MBP may be a good option if you:

• Plan to keep your vehicle for several years
• Drive high annual mileage
• Want protection after your factory warranty ends
• Prefer predictable repair costs
• Rely on your vehicle for work or family needs

If you value dependable transportation and budget stability, Mechanical Breakdown Protection may be worth considering.