For many, a vehicle is a significant investment, second only to a home. Unexpected repairs can be a major financial burden. While new cars come with a manufacturer’s warranty, this coverage is limited and doesn’t last forever. Recognizing this gap, and the increasing trend of consumers keeping their cars for longer, Mercury Insurance has launched the “Fast Quote” Mechanical Breakdown Protection program. This initiative aims to provide credit union members with an accessible and affordable way to extend their vehicle’s protection beyond the standard warranty.
Mercury Insurance understands that vehicle quality has improved, leading people to hold onto their cars longer. Coupled with the rising costs of new vehicles and a general desire to save money, the need for extended protection is greater than ever. Aligning with credit unions’ community-focused values, Mercury has designed the Fast Quote program to offer valuable financial security to credit union members.
What Makes Mercury’s Fast Quote Program Stand Out?
The Fast Quote program distinguishes itself through its simplicity and comprehensive coverage, making it an attractive option for credit union members seeking mechanical breakdown protection. Here are key features that set it apart:
Simple and Easy Quoting Process
Unlike some complex programs, Fast Quote offers a single rate card. This streamlined approach simplifies the quoting process for credit union employees, making it easier for them to offer this valuable service to their members. This ease of use translates to a smoother and faster experience for members looking to secure vehicle protection.
Transparent and Inclusive Pricing
The pricing model is designed for clarity and avoids hidden fees. All vehicle surcharges are incorporated into the simplified pricing. This means no unexpected extra costs for features like All-Wheel Drive (AWD), Four-Wheel Drive (4WD), turbochargers, or advanced electronics. This transparent pricing ensures members know exactly what they are paying for without unwelcome surprises.
Flexible Coverage Levels to Suit Different Needs
Mercury’s Fast Quote program provides a tiered approach to coverage, offering three distinct levels to match various needs and budgets:
- Platinum Coverage: This is the most comprehensive option, offering factory-like, named exclusion coverage. It protects virtually all mechanical and electrical components unless specifically listed as “not covered.” This level provides the highest degree of security and peace of mind.
- Silver Coverage: A step down from Platinum, Silver coverage offers named component protection. It covers nine core component categories, encompassing a wide range of mechanical and electrical parts. This option balances comprehensive coverage with affordability.
- Copper Coverage: For those seeking essential protection, Copper coverage provides a powertrain plan with specific additional named component coverages. This entry-level option focuses on the most critical parts of the vehicle, offering budget-friendly protection against major mechanical failures.
Generous Mileage Coverage
Recognizing that people drive different amounts annually, Mercury’s Fast Quote program goes beyond the industry standard. It covers a minimum of 15,000 miles of driving per year, exceeding the typical 12,000-mile industry norm. This extended mileage coverage provides greater protection, especially for those with longer commutes or who frequently travel by car. Importantly, all coverage is added to the vehicle’s existing odometer mileage, maximizing the benefit for the member.
Superior Seals and Gaskets Coverage
Mercury’s program surpasses industry standards by including seals and gaskets coverage. Specifically, the Copper plan provides seals and gaskets coverage in conjunction with a covered component repair. This added protection can save members from potentially costly repairs related to leaks and seal failures.
Additional Benefits for Peace of Mind
Beyond the core coverage features, Mercury’s Fast Quote program offers further advantages:
- Unlimited Claims: There is no limit to the number of claims that can be made during the coverage period.
- Zero Deductible: All plans come standard with a $0 deductible per visit, eliminating out-of-pocket expenses when making a claim.
- Satisfaction Guarantee: Credit union members have a generous 60-day period to try the program. If they are not satisfied, they can cancel within this timeframe and receive a full refund (less any claims paid).
Credit Unions and Mercury Insurance: A Partnership Built on Community
Credit Union 1, based in Anchorage, Alaska, highlights the positive experience of partnering with Mercury Insurance. Chrissy Bell, Senior Vice President of Communications and Culture at Credit Union 1, stated, “Credit Union 1 is excited to be partnering with Mercury once again to offer our members a mechanical breakdown protection product that provides peace of mind with their auto loans. Our past experience with Mercury, combined with their new Fast Quote program made them the natural choice when we were in the market for a new vendor.”
This testimonial underscores the strong relationship between Mercury Insurance and credit unions, rooted in a shared commitment to community and member well-being.
Learn More About Fast Quote
For credit union members seeking reliable and affordable vehicle protection, Mercury Insurance’s Fast Quote program presents a compelling solution. To discover more about how Fast Quote can provide peace of mind and safeguard your vehicle investment, reach out to Mercury Insurance.
You can email mbpmarketing@mercuryinsurance.com or call 1-800-654-8455 ext. 41013.
About Mercury Insurance
Mercury Insurance (MCY) has been a trusted name in the insurance industry since 1962. Offering a wide range of insurance products, including personal auto, homeowners, and commercial insurance, Mercury operates through a network of independent agents across numerous states. Known for providing quality insurance at competitive prices, Mercury Insurance is dedicated to serving its customers and communities.
For more information, visit www.mercuryinsurance.com or connect with Mercury on Facebook and Twitter.
Mercury Mechanical Breakdown Division is a leading provider of mechanical breakdown protection, serving financial institutions, dealers, and agents nationwide, available in all 50 states.
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