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Farm Bureau Bank Major Mechanical Protection - MMP 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 MMP Types of Coverage Plan Explanations
New &
Used
Platinum Engine - Yes Transmission - Yes Transfer Case - Yes Drive Axle - Yes Electrical - Yes Brakes - Yes Suspension - Yes Fuel System - Yes Steering - Yes Air Conditioning - Yes Seals & Gaskets - Yes Audio Center - Yes Hardware - Yes 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 Engine - Yes Transmission - Yes Transfer Case - Yes Drive Axle - Yes Electrical - Yes Brakes - Yes Suspension - Yes Fuel System - Yes Steering - Yes Air Conditioning - Yes Seals & Gaskets - Yes Audio Center - Yes Hardware - Yes Named parts coverage:
Covers the cost of repairs due to mechanical breakdown of manufacturer installed named mechanical or electrical parts.
Silver Engine - Yes Transmission - Yes Transfer Case - Yes Drive Axle - Yes Electrical - Yes Brakes - Yes Suspension - Yes Fuel System - Yes Steering - Yes Air Conditioning - Yes Seals & Gaskets - Yes Audio Center - No Hardware - No Named parts coverage:
Covers the cost of repairs due to mechanical breakdown of manufacturer installed named mechanical or electrical parts.
Copper Engine - Yes Transmission - Yes Transfer Case - Yes Drive Axle - Yes Electrical - Yes Brakes - Yes Suspension - No Fuel System - No Steering - No Air Conditioning - Yes Seals & Gaskets - No Audio Center - No Hardware - No Named parts coverage:
Covers the cost of repairs due to mechanical breakdown of manufacturer installed named mechanical parts.

New Eligibility Guidelines

  • Current and up to 4 prior model years
  • Platinum and Gold coverage up to 75,000 miles on the odometer
  • Coverage begins on closing 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

Used Eligibility Guidelines

  • Platinum and Gold - Current and up to 9 prior model years
    • Platinum up to 100,000 miles on odometer
    • Gold up to 120,000 miles on odometer
  • Silver - Current and up to 14 prior model years
    • Silver up to 150,000 miles on odometer
  • Copper coverage - Current and up to 14 prior model years. Mileage on the odometer is unlimited. Copper coverage is limited to a maximum of $3,500 in total claims. A 30 day and 1,000 mile exclusionary period will apply
  • Coverage begins on loan closing 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 onetime charge of $250
- $50 deductible available for a onetime charge of $125
- Commercial coverage available for a one time surcharge of $300
- Special Electronics Package is available for a $200 surcharge.
- This added coverage includes coverage for:

  • GPS/Navigations Systems
  • Night Vision Systems
  • Video Components (including TV/VCR/DVD/Video Game Players)

 

* Rates disclosed as Annual Percentage Rate (APR) and Annual Percentage Yield (APY). Farm Bureau, FB, and the FB National Logo are registered service marks owned by, and used by Farm Bureau Bank FSB under license from, the American Farm Bureau Federation. Farm Bureau Bank FSB is a service-to-member institution which provides banking services to Farm Bureau members and others in participating states. Services are not available in the following states: IL, KS, MI, MO, NY, OH, and WY.