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Farm Bureau Bank Performace Checking Major Mechanical Protection

Major Mechanical Protection, or MMP, protects you against vehicle repair costs not covered by the standard manufacturer warranty. In most cases, this plan eliminates out-of-pocket expenses outside of your deductible. Plus, rates are typically 35% to 40% less than equivalent warranties and service contracts available elsewhere.

Because your coverage needs are unique, Farm Bureau Bank offers various options and levels of MMP. Signing up is easy – choose the right plan for you during your loan process. Avoid costly repairs now and enjoy your ride for years to come.

 APPLY ONLINE NOW   GET A MMP QUOTE 

Major Mechanical Protection Highlights


MAJOR MECHANICAL PROTECTION
Plans Vehicle Protection Options Plan Explanations
New &
Used
Platinum Exclusionary coverage:
Covers the cost of mechanical breakdown of manufacturer installed mechanical or electrical parts.

Coverage is so extensive that the plan only names those parts that are excluded from coverage.
Gold Named parts coverage:
Covers the cost of repairs due to mechanical breakdown of manufacturer installed named mechanical or electrical parts.
Silver Named parts coverage:
Covers the cost of repairs due to mechanical breakdown of manufacturer installed named electrical parts.
Bronze Named parts coverage:
Covers the cost of repairs due to mechanical breakdown of manufacturer installed named mechanical parts.

 

New vehicle eligibility guidelines

  • Current model to 4 years old
  • Up to 75,000 miles
  • Must have 1 day and 1 mile remaining on full manufacturerʼs warranty or must be purchased within 10 days of vehicle purchase
  • Coverage begins on application date and at 0 miles on the odometer and continues for the number of months selected, or until number of miles selected appears on odometer, whichever comes first
  • Deductibles (per visit):
    • Standard $100 deductible included
    • $0 deductible available for a one-time charge of $200
    • $50 deductible available for a one-time charge of $65

 

Used vehicle eligibility guidelines

  • Vehicle cannot be older than 10 model years old
  • Up to 120,000 miles
  • No longer covered under manufacturerʼs warranty
  • Policy must be purchased within 10 days of sale
  • Coverage begins on application date and current odometer mileage and continues for number of months selected, or until number of miles selected has been driven, whichever comes first
  • Deductibles (per visit):
    • Standard $100 deductible included
    • $0 deductible available for a one-time charge of $200
    • $50 deductible available for a one-time charge of $65

 



* Rates disclosed as Annual Percentage Rate (APR) and Annual Percentage Yield (APY). Banking services provided by Farm Bureau Bank, FSB. Farm Bureau Bank, FSB is a service to member institution that provides banking services to Farm Bureau members. Services are not available in AL, IL, MI, MO, MS, OH or WY and may not be available in some counties or parishes. Farm Bureau, FB and the FB National Logo are registered service marks owned by the American Farm Bureau Federation and are used under license by FB BanCorp and its subsidiaries, including Farm Bureau Bank FSB. FB BanCorp is an independent entity and the AFBF does not own, is not owned by, and is not under common ownership with FB BanCorp or its affiliated entities.