Meineke MVP Info
Extended Warranty VS Service Contract
The term "extended warranty" is often used incorrectly. The truth is that you can't purchase a warranty from anyone, for anything. Warranties are provided at no additional charge when you make the purchase of a product. A warranty is a written promise by the manufacturer or seller of a product that they will stand behind the product for a specific period of time. The cost of a warranty is built into the product that you purchase.
A service contract is a promise to repair a product beyond the scope of a manufacturer's warranty. A service contract may enhance the coverage of a manufacturer's warranty by providing benefits not included with the manufacturer's warranty, provide component coverage that is not included in a manufacturer's powertrain warranty or provide component coverage beyond the time/mileage limitations of the manufacturer's warranty. The rule of thumb is that if it's "free" it's a warranty, but if you pay for it, it's a service contract.
Available plans
The plans available to you are based on the age of your vehicle and it's current mileage. We offer coverage for vehicles that are up to 15 years old and have up to 150,000 miles, but as your vehicle ages, the plans available to you change. We offer three groups of plans, Basic, Preferred and Supreme. You may also qualify for differing levels of coverage within these groups. Our quoting system makes choosing a plan easy with side by side comparisons of coverage levels and pricing. You can even finance a plan with as little as 10% down and pay no interest.
Our Insurer
All Meineke MVP service contracts are fully insured by the Lyndon Property Insurance Company. Lyndon Property Insurance Company is a wholly owned subsidiary of Protective Life Insurance Company. Lyndon has received a rating of "Excellent" from A.M. Best and is a leader as an extended service contract provider and credit insurance writer.
Protective Life is a 100 year old financial services company headquartered in Birmingham, AL. Protective is proud to work closely with us to ensure that the vehicle you own is covered by a vehicle protection plan that meets your needs. And in the event you need to file a claim, your repair facility will deal directly with a Claims Center that is also owned by Protective. Protective Life is a publicly traded company on the NYSE under the ticket symbol "PL." For more information, please visit their website: www.protective.com
What's Not Covered - The Exclusions
Most MVP plans cover an easy to understand list of items. These are stated component plans. Our exclusionary plan is just the opposite. An exclusionary plan has no list of covered items, just a list of what's not covered. This is the best type of plan offered anywhere. The following is a list of parts that are not covered:
damage due to rust, corrosion or contamination; parts normally designed to be serviced or replaced with usage during the life of the vehicle, such as, but not limited to: filters, lubricants, coolant, fluids (except when required in conjunction with a covered repair), spark plugs, spark plug wires, glow plugs, light bulbs, fuses, brake rotors, brake drums, brake pads, brake linings, manual/hydraulic/electronic clutch assemblies, shock absorbers, battery, battery cables, throttle body assembly, exhaust system, belts and hoses;
all fasteners including but not limited to bolts, studs, nuts, pins, clips and retainers, except when required in conjunction with a covered repair;
glass, lenses, sealed beams, tires, trim, moldings, bright metal, upholstery and paint.
Ineligible Vehicles
- All gray market vehicles or vehicles not manufactured for sale in the USA
- All vehicles used in competition driving, racing, off-road use, hire to the public, rental, etc.
- Any vehicle where the odometer has been altered, stopped, or otherwise changed, so that the accurate mileage
cannot be verified
- Any vehicle that has been modified to the extent that it voids any portion of the factory warranty
- Any vehicle that has been, at any time, scrapped, sold as salvage or deemed a total loss by an insurance company
- Any trucks rated over 1 ton
Eligible Light Commercial Usage (surcharge added)
- Route sales or route services
- Maintenance or repair
- Pool service
- Carrying hand tools to a job site
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- Inspections or examinations
- Construction
- Gardening
- Farming or ranching
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Light Commercial Use vehicles are covered only if the Light Commercial surcharge is included in the plan purchase price and applies to passenger vehicles, light duty trucks and vans, rated one ton or less, that are used primarily for business travel, light pickup and delivery work, route work, service or repair work, are driven by one person, or immediate family members only, with usage that does not exceed manufacturer's ratings and/or limitations.
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