When a vehicle is stolen or damaged beyond repair and declared a total loss by the primary insurance company, the cash settlement may not be sufficient to cover what is still owed on the loan. Often, this “short fall” represents thousands of dollars that is still owed by the member.
For more information, call us today at 281.398.9900 / 800.753.2428.
Multi-Shield has you covered with minor dent and door ding protection, windshield repair, tire & wheel coverage and 24/7/365 emergency roadside assistance. Plans are available for 3-5 years. For more information, call us today at 281.398.9900 / 800.753.2428.
There are several different auto loan insurance plans available through MCCU that can protect your family in the event of your death or in case a disability occurs. Premiums for this protection are figured into your monthly loan payment. Life insurance may be purchased for the maker of the loan or for both the maker and co-maker. Disability insurance, which covers you after 14 days of disability, may be purchased for the maker of the loan. For more information, call us at 281.398.9900 / 800.753.2428.