Can I get a refund on my Toyota extended warranty?
You can cancel your VSA within 30 days for a full refund, less a $50 processing fee (as permitted by state law). Cancellations will be prorated if applied for after 30 days or if a claim is paid.
Will my extended warranty be refunded if I total my car?
If you trade-in or sell the car or the car is totaled in an accident before the extended warranty expires, you can get a pro-rated refund for the amount of unused warranty, assuming you purchased a refundable warranty.
How long does it take to get your extended warranty refund?
Typically it could be anywhere from 3-6 weeks and sometimes a little longer. Remember, these companies are in business to sell warranties, not cancel them so it’s not uncommon for them to try and delay the process.
Can I cancel Toyota Extra Care?
Cancellation: You can cancel ToyotaCare Plus within 30 days after the expiration of the manufacturer’s maintenance program for a full refund if no benefits have been paid. If benefits have been paid, or if you are canceling after this point, please ask your dealer or refer to your agreement.
Can I sell my Toyota extended warranty?
As with the New Vehicle Service Agreements, you can transfer your plan to a new owner once without additional costs. All used vehicle plans offer $0 deductible options or $100. You may also receive a disappearing deductible if your car is repaired at the same Toyota dealer that sold you the contract.
What is covered in Toyota extended warranty?
A Toyota extended warranty covers your vehicle after mechanical breakdowns for up to 5 years or 60,000 miles. The Powertrain warranty covers only a vehicle’s essential systems like the engine, transmission, and axle assembly.
How do I cancel my Toyota extended warranty?
How to Cancel a Toyota Extended Warranty
- Gather the paperwork that came with your extended warranty.
- Call the dealership where you purchased the extended warranty and car from.
- Show up to the appointment and tell the Toyota financial manager that you would like to cancel your extended warranty.
What is Toyota extended warranty?
A Toyota extended warranty covers your vehicle after mechanical breakdowns for up to 5 years or 60,000 miles. Toyota’s Platinum plan offers the highest level of coverage similar to the manufacturer’s warranty that comes with new Toyotas—essentially bumper-to-bumper coverage with few exclusions.
What is a prorated refund?
A pro rata cancellation is a full refund of any unearned premiums. For example, if an insured pays a premium of $12,000 for the year, but the policy is cancelled after 6 months on a pro-rata basis, the insurer returns $6000 to the insured—50% of the policy remaining means 50% of the premium is refunded.
Can you buy Toyota extended warranty after purchase?
Can you buy Toyota extended warranty after purchase? You can buy a Toyota extended warranty when you purchase your new vehicle or anytime before your factory warranty coverage expires. Any new Toyota vehicle within 3 years/36,000 miles is eligible for an extended warranty.
What’s covered under Toyota extended warranty?
Toyota extended warranty Customizable coverage periods range from 3 years/50,000 miles to 10 years/125,000 miles. 24/7 roadside assistance is included. Reimbursement for vehicle rentals, lodging and food is included. Repairs must be made at a Toyota service center or dealership.