What’s included in Caribou’s All-in-One Coverage?

Key takeaways

• Caribou’s All-in-One Coverage is optional and available only to eligible auto refinance customers.
• In most states, it includes roadside assistance, key coverage, tire coverage, rim coverage, windshield coverage, and paintless dent repair.
• It’s different from car insurance. Your insurance company may help after a covered car accident, theft, or weather event, while All-in-One Coverage is built for certain everyday driving issues.
• Coverage availability and benefits can vary by state.
• Before adding coverage, review what’s included, what’s excluded, claim limits, and whether you already have similar protection.

Caribou’s All-in-One Coverage is an optional protection package available to eligible customers who refinance through Caribou. It can help cover the cost of certain everyday car issues, like lost keys, tire damage, rim damage, windshield chips, minor dents, and roadside assistance.

It’s not car insurance, and it doesn’t replace the coverage you get from an insurance company. Instead, it’s designed to help financially protect you from some common out-of-pocket costs that can come with owning and driving a car.

One package. Six helpful protections.

When you refinance your auto loan, you may have the option to add protection products that fit your car, budget, and driving habits. Caribou’s All-in-One Coverage combines several types of everyday vehicle protection into one package, which may make it easier to manage than buying separate products.

In most states, All-in-One Coverage includes:

• Roadside assistance.
• Key coverage.
• Tire coverage.
• Rim coverage.
• Windshield coverage.
• Paintless dent repair.

This type of coverage may be worth considering if you want help with common car ownership costs that can be frustrating, unexpected, and expensive to handle on your own.

To compare this with other optional products, read more about Caribou’s add-on coverage options.

What’s typically included in All-in-One Coverage?

Roadside assistance

Roadside assistance can help if your car breaks down or you get stuck while driving. Depending on your plan terms, it may include help with towing, battery jump-starts, flat tire changes, lockouts, fuel delivery, or other roadside needs.

This can be especially helpful if you drive often, take long trips, or don’t already have roadside coverage through your insurance company, credit card, or auto club membership.

Key coverage

Replacing a modern car key can be expensive, especially if you have a key fob, smart key, or remote start key. Key coverage may help cover the cost to replace an eligible lost, stolen, or damaged key.

For many drivers, this is one of the most practical parts of All-in-One Coverage because key replacement costs can add up quickly. You can also learn more about how comprehensive key replacement programs work.

Tire coverage

Tire coverage may help pay to repair or replace an eligible tire damaged by a covered road hazard, such as a pothole, nail, or piece of debris.

Standard car insurance doesn’t always cover this type of everyday tire damage. And even when it does, filing a claim may not make sense if your deductible is higher than the cost of the repair.

Rim coverage

Rim coverage may help cover eligible damage to your wheels or rims caused by covered road hazards. For example, hitting a pothole or curb can sometimes bend, crack, or damage a rim.

Because rims can be costly to repair or replace, this coverage may offer extra peace of mind if you drive in areas with rough roads, construction zones, or frequent potholes.

Windshield coverage

Windshield coverage may help pay to repair minor chips or cracks in your windshield, depending on your plan terms.

A small chip can turn into a bigger crack if it isn’t fixed quickly. This coverage may help you handle eligible repairs sooner, before the damage becomes more expensive or affects visibility.

Paintless dent repair

Paintless dent repair may help fix small dents and dings without repainting your vehicle. This can be useful for minor damage from things like hail, shopping carts, or car doors in parking lots.

This type of repair usually works best when the paint isn’t damaged and the dent meets the coverage requirements.

How is All-in-One Coverage different from car insurance?

Car insurance typically helps after covered events, such as a car accident, theft, vandalism, liability claim, or certain weather-related damage. Your insurance company may pay for covered repairs, medical costs, or damage to another person’s property, depending on your policy.

Caribou’s All-in-One Coverage is different. It’s not meant to replace your insurance policy. Instead, it can help with specific everyday costs, like replacing a lost key, repairing a tire damaged by a road hazard, fixing rim damage, repairing a windshield chip, removing a small dent, or getting roadside help.

For example, your insurance company may not cover the cost to replace a key fob or repair a tire damaged by a pothole. And even when insurance applies, you may have a deductible. All-in-One Coverage may help cover the cost of eligible repairs or replacements without using a traditional insurance claim, subject to plan terms and availability.

Is All-in-One Coverage worth it?

All-in-One Coverage may be worth considering if you want help paying for common car issues that may otherwise come out of pocket. It may be especially useful if:

• You don’t already have roadside assistance.
• Your car has an expensive key fob or smart key.
• You drive on rough roads or in areas with potholes.
• You want extra help with tire, rim, windshield, or minor dent costs.
• You’d rather plan ahead than pay certain repair costs unexpectedly.

It may be less useful if you already have similar benefits through your insurance company, manufacturer coverage, a roadside assistance membership, or another protection plan.

Before adding any optional coverage, review the details carefully. Look at what’s covered, what’s excluded, how to file a claim, whether there are dollar limits, and how the cost affects your monthly payment or total loan cost.

State-specific availability

All-in-One Coverage may not be available in every state, and benefits can vary depending on where you live. For example, this product isn’t available in California.

Some coverage types may also differ by state. Before you decide, review the terms for your location so you understand what’s included.

Bottom line

Caribou’s All-in-One Coverage brings several everyday vehicle protections into one optional package. It may help cover the cost of eligible key replacement, tire damage, rim damage, windshield chips, minor dents, and roadside assistance.

It’s not a replacement for car insurance, and it may not be the right fit for every driver. But if you want extra protection from common out-of-pocket car costs, it can be worth reviewing when you refinance your auto loan through Caribou.

FAQs: Caribou’s All-in-One Coverage

Is Caribou’s All-in-One Coverage required to refinance?

No. All-in-One Coverage is optional. You don’t have to add it to refinance your auto loan through Caribou.

Does All-in-One Coverage replace car insurance?

No. It doesn’t replace your standard car insurance policy. You’ll still need insurance that meets your lender’s and state’s requirements.

What does All-in-One Coverage usually include?

In most states, it includes roadside assistance, key coverage, tire coverage, rim coverage, windshield coverage, and paintless dent repair. Coverage details and availability can vary by state.

Can All-in-One Coverage help after a car accident?

Not usually in the same way car insurance does. If you’re in a covered car accident, your insurance company is typically the first place to file a claim. All-in-One Coverage is more focused on eligible everyday issues, such as keys, tires, rims, windshield chips, dents, and roadside assistance.

Is All-in-One Coverage available in every state?

No. All-in-One Coverage isn’t available in California, and some benefits may vary by state. Review your coverage terms before adding it to your refinance.