Mechanical Breakdown Protection
Generate more revenue while offering borrowers peace of mind
Mechanical Breakdown Protection products play an important role in extending vehicle protection for borrowers. The program offered through van Wagenen provides an additional revenue opportunity for auto lenders and dealers alike.
Mechanical Breakdown Protection shields borrowers against rising costs and unexpected repair bills after the vehicle manufacturer’s warranty has expired. The program gives your customers more with value added features including road side assistance, trip interruption, tire protection, rental vehicle assistance, and more.
Backed by the financial strength and stability of an A+ rated carrier with more than 50 year of proven performance, this product is a win for you and your borrowers.
- Savings over manufacturer extended warranty
- Four service level options and choice of deductible
- Simple claims process
- Freedom to choose repair facility
- Claims handled directly, no middleman
- Payments made direct to the repair facility
- No reimbursement or receipt headaches
- No claims limit, one deductible per visit
- Transferable coverage
- New vehicles; plans include current model year plus prior 4 years up to 90,000 miles
- Used vehicles; current year plus 9 or 14 years depending on service level and up to 150,000 miles