Auto Warranty
Top Companies in 2024
Penn Warranty Corporation vs Toco Warranty
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- Nationwide coverage
- 24/7 customer support
- Roadside assistance
- Rental car reimbursement
- Trip interruption reimbursement
- Extensive mileage coverage
- Hybrid vehicle coverage
- In-house plan management and distribution
- Inclusion of high-tech components
- Information on plans not available on website
- Contract terms are not transparent
- Complicated claims process
- Geographic limitations
- Non-transferable contracts
- Rigid deductible terms
- Limited freedom of choice
Penn Warranty Corporation is known for their commitment to customer service and providing reliable coverage options. They offer different plans to accommodate varying needs and budgets, allowing customers to choose the level of coverage that suits them best. Like other companies in the extended auto warranty industry, Penn Warranty aims to assist drivers in managing and mitigating the financial impact of unexpected vehicle repairs. They are an extended auto warranty company that has been in business for over 30 years. They offer a variety of plans to fit most budgets.
They are backed by an A-rated insurer, but they have a complicated claim process. They have received numerous conflicting reviews, ranging from positive to negative, with most customers expressing dissatisfaction with their experiences. According to some of the good reviews, customers appreciate the lower cost, the option to choose their own repair business, and roadside help. The negative feedback, on the other hand, varied from restricted coverage and bad customer service to customers believing their contracts were dishonest.
Toco offers comprehensive coverage, flexible payment options, and easy claims processing. Toco sells and manages its plans internally. They are also accredited with an A+ rating from the BBB! Some additional benefits of Toco's extended auto warranty are 24/7 roadside assistance, rental car reimbursement, and trip interruption coverage.
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : Undisclosed
- Number of Plans Available : 5
- Repair Shop Choice : Yes
- Term Limits : Undisclosed
- Waiting Period : 30 Days
- Operating Status : Active
- Business Started : 1988
- Online Quote : False
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Available
- Money-Back Guarantee : Unavailable
- Number of Plans Available : 4
- Repair Shop Choice : Use any repair facility
- Term Limits : Undisclosed
- Waiting Period : Undisclosed
- Operating Status : Active
- Business Started : 2013
- Online Quote : False
- Offers coverage for new, remanufactured, aftermarket, and sometimes used parts, depending on their cost and availability
- Coverage of up to 250,000 miles on the odometer
- Plans available for high tech components and technology packages
- Covers hybrid cars
- Variety of plans that can be tailored to individual needs
- Phone
- FAQs
- Help Guides—Undisclosed
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Ticket
- Phone
- FAQs
- Help Guides
- Live Chat
- Mobile Application
- Ticket
- Major Credit Cards
- Major Debit Cards
- Cash
- Check
- ACH Transactions—Undisclosed
- PayPal
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order—Undisclosed
- Wire Transfer—Undisclosed
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
- Major Credit Cards
- Major Debit Cards
- Cash—Undisclosed
- Check—Undisclosed
- ACH Transactions—Undisclosed
- PayPal
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order—Undisclosed
- Wire Transfer—Undisclosed
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
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