Mechanical Breakdown Protection (MBP)

Your vehicle is an important part of your everyday life, and unexpected repairs can create stress when they happen at the wrong time. Mechanical Breakdown Protection, also known as MBP, can help cover the cost of certain repairs after a covered mechanical or electrical breakdown, helping you stay prepared for the road ahead.

Visit a branch or contact us to learn more about eligibility, coverage details, and whether MBP can be added to your loan.

What is MBP? 

MBP is an optional vehicle protection product that extends beyond the manufacturer’s factory warranty and helps cover repairs for unexpected mechanical or electrical failures.

For the period of time your contract is in effect, covered components of your vehicle may be repaired in the event of a failure, including labor, subject to the terms of your coverage.

How does MBP Work? 

If your vehicle experiences a covered mechanical or electrical breakdown, you can take it to a licensed repair facility in the U.S. or Canada. Once the vehicle is diagnosed, the repair facility will contact the claims department to receive repair authorization for covered repairs.

Approved claims are paid directly to the repair facility, helping reduce the amount you may otherwise owe out of pocket.

Example: How MBP may Help

Let’s say your vehicle experiences a covered mechanical breakdown and the repair cost is $1,800.

Without MBP, you may be responsible for paying the full repair amount out of pocket.

With MBP, eligible repair costs may be covered, subject to your coverage terms, helping reduce the financial impact of an unexpected repair.

Built-in benefits

MBP may include helpful benefits such as:

• $0 deductible
• Nationwide coverage
• 24/7 emergency roadside service
• Towing assistance
• Rental car allowance
• Trip interruption coverage
• Battery assistance
• Flat tire assistance
• Simple claims process
• 30-day free look period

Why consider MBP?

MBP may be helpful because:

• Vehicle repairs can be expensive and unexpected.
• Factory warranty coverage may expire before you are done owning or paying for your vehicle.
• Modern vehicles include advanced electronics, sensors, and computer systems that can be costly to repair.
• Covered repairs may help reduce out-of-pocket costs.
• Added protection can help give you more confidence on the road.

Who should consider MBP?

MBP may be worth considering if you:

• Plan to keep your vehicle beyond the factory warranty period.
• Want help preparing for unexpected repair costs.
• Drive frequently or rely on your vehicle every day.
• Purchased a new or pre-owned vehicle.
• Want added peace of mind with your auto loan.

Already financed your vehicle?

If you financed your vehicle with Union Square and did not add MBP at the time of purchase, you may still have options. MBP may be available through Union Square at a competitive cost, helping you add another layer of protection to your auto loan.

Visit a branch or contact us to learn more about eligibility, coverage details, and whether MBP can be added to your loan.

* 1. This MBP Agreement becomes valid from the date of receipt and acceptance by the Administrator and will remain valid for the period selected or the maximum mileage of the Agreement whichever comes first. There is no deductible. 2. Vehicle owner MUST perform all maintenance as required by the manufacturer for coverage to apply. Proof of compliance containing the date of service, name of facility, mileage, and vehicle identification number must be supplied upon request. 3. The total of all repairs paid or payable shall not exceed $5,000, the NADA loan value or vehicle purchase price, whichever is less at time of repair(s). 4. Claims MUST be submitted for reimbursement within 30 days from authorization date. 5. You, or a person authorized by you, may cancel this Agreement by submitting a written request to the Administrator. If the Agreement is cancelled within thirty (30) days from the date of purchase, you will receive a full refund provided you have not entered a claim. After thirty(30) days, the refund will be calculated based on Financial Institution cost and on the greater of the time in force or miles driven compared to the total time or mileage of your Term, less a $25 cancellation fee and any claim paid or pending. 6. The Financial Institution, Administrator and/or Lienholder may cancel this Agreement if your vehicle is a total loss or repossession, if you have stopped or changed your odometer or if you use your vehicle in any manner not covered by this Agreement. 7.Some exclusions apply, including but not limited to, any repairs to your vehicle if used for racing, off-road use, rental, hire to the public, delivery, commercial, or emergency purposes.