Investments & Insurance
Automobile Insurance Options
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Automobile Insurance
ENI Insurance Services offers NIHFCU members a special free program designed to find you the best auto insurance rates available. The program continually evaluates the insurance industry in order to find those companies most willing to offer the best terms to credit union members. This program typically saves most families between $200 – $500 (or more) per year.
Start saving today! Visit ENI’s website, or call 1-800-649-4392 (Baltimore area (410) 575-6894).
Guaranteed Asset Protection Insurance (GAP)
If your car is stolen and not recovered, or damaged beyond repair, you could owe a lot more on your loan than your insurance company is going to pay you. GAP insurance is designed to take care of this potential problem by paying the difference between the amount your insurer will pay and the amount you still owe on your loan or lease. For a few dollars a month, you could protect against an unforeseen expense ranging from several hundred to several thousand dollars. You can sign up for GAP coverage when you apply for your loan – the amount can be added to your monthly loan payment. MEMBER’S CHOICE GAP is made available through NIHFCU and administered by CUMIS Insurance Society, Inc.
Click here for additional information on GAP insurance.
Automobile Mechanical Breakdown Insurance
Why pay for expensive vehicle repairs when you can take advantage of Mechanical Breakdown Insurance (MBI)?
This vehicle warranty is convenient and affordable and can be added to your auto loan, possibly without increasing your payment. No matter where you finance your vehicle, as long as it’s less than nine years old and has no more than 100,000 miles currently on the odometer, you can get MBI coverage from NIHFCU.
Our warranty program is hundreds of dollars less than programs offered by most auto manufacturers and is accepted at any licensed repair facility. The program is available to NIHFCU members through InterContinental Warranty Services, Inc. For details and pricing, please contact our Consumer Loan Department, stop by any NIHFCU branch or visit InterContinental’s website. Speak with an NIHFCU representative to get MBI coverage today!
