If you want the comfort of protection against your vehicle's mechanical breakdowns, but don't want to pay the high price the dealers charge for an extended warranty, Escondido Federal Credit Union's MBI is the answer. Mechanical Breakdown Insurance gives you flexibility with your premium, covers repairs at all licensed repair facilities, and provides a host of additional coverages to protect you on the road.
What happens If your car is stolen and unrecoverable, or damaged beyond repair? Regular auto insurance covers only the current market value. What happens if your loan balance is higher than the market value? This is where GAP saves the day—paying off your additional loan balance as well as covering your insurance deductible up to $1000. GAP is economical protection of your wallet.