This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
American 1 Credit Union Go to main content

American 1 Auto Loan Protection

A vehicle is one of the biggest purchases you can make. That’s why protecting your investment is so important. American 1 offers several options to help you safeguard your vehicle* — from the wear and tear of driving and from accidents.

Mercury Mechanical Protection

Even a new car can face mechanical problems. Our Mercury Mechanical Protection (MMP) features:

  • Direct payments to repair facilities
  • Three levels of protection
  • 24-hour roadside assistance
  • Tire protection
  • Rental vehicle assistance
  • Key fob replacement
  • Trip interruption
  • Total loss refund

MMP is a smart investment for your new or used vehicle because it can save you from expensive repair costs, and can cover everything from the transmission to the glove box latch. American 1 has improved the eligibility requirements, meaning that just about every car can be protected with MMP. Ask for details.

Guaranteed Asset Protection

While the best mechanical protection can save money on costly vehicle repairs, it can’t protect it from being totaled or stolen. This is where our Guaranteed Asset Protection (GAP) comes in handy. If your vehicle is totaled or stolen, GAP covers the difference between what your insurance company pays and the balance of your loan.

For instance, if you owe $20,000 on your vehicle loan, but your insurance policy says the wrecked or stolen vehicle is valued at $15,000 that leaves you with a $5,000 balance on your loan. GAP can pay the remaining $5,000 loan balance.

Plus we’ll give you $1,000 toward the purchase of your next vehicle when you finance it through American 1.

Life and Disability Protection

No one likes to think about being injured or dying in an accident, but if it happened how would your loan or credit card get paid? No matter what your income level is, life and disability protection can help.

If you have an illness that keeps you off of work for two weeks or more, our disability protection will help cover your loan payments. If you were to die our life insurance protection will pay off your loan.

American 1’s life and disability protection are affordable, and more importantly, it gives you and your family peace of mind.

Protect yourself and your family, stop by any American 1 branch to get more information today.

Go to main navigation
Federally Insured by NCUA. Equal Housing Opportunity. In compliance with the USA PATRIOT Act, we are required to obtain and verify identification provided for all new account owners and joint owners, using methods permitted by law.
Pure Michigan