Auto Warranty
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Toco vs Preferred Warranties Inc
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- Trip interruption reimbursement
- Extensive mileage coverage
- Hybrid vehicle coverage
- In-house plan management and distribution
- Inclusion of high-tech components
- Nationwide coverage
- Offers powersport coverage
- Online claim process
- Geographic limitations
- Non-transferable contracts
- Rigid deductible terms
- Limited freedom of choice
- Can only be bought at the time of vehicle purchase
- No online quote
- Not all the plans include benefits
- Limited information
- Not a direct provider
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.
Preferred Waranties Inc. was started in 1992 in Pennsylvania as a car shop. Later, they grew into selling guarantees for cars. They've been in business for a long time and offer a full range of care contracts for used cars, bikes, and ATVs to people all over the United States. Their plans range from whole car to engine, and some come with extras like roadside help 24 hours a day, 7 days a week. They sell their plans through a wide network of authorized sellers nationwide. Instead of third-party managers, ASE-certified claim adjusters are in charge of the fixes. Some customers commented on having had trouble with their claims being denied multiple times, confusing the process and delaying repairs and payments. Contacting customer service was tricky for some, and certain vehicle parts weren't covered. Some customers also didn't like the repair shops in PWI's network.
- 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
- BBB Rating : A+
- Cancelation Option : Available
- Maintenance Coverage : Undisclosed
- Money-Back Guarantee : Undisclosed
- Number of Plans Available : 7
- Repair Shop Choice : Yes, any licensed repair shop in the US or Canada
- Term Limits : Undisclosed
- Waiting Period : Undisclosed
- Operating Status : Active
- Business Started : 1992
- Online Quote : False
- 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
- Covers a variety of vehicles
- You can use any repair shop of choice
- Coverage begins immediately
- Phone
- FAQs
- Help Guides
- Live Chat
- Mobile Application
- Ticket
- Phone
- FAQs
- Help Guides
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Ticket—Undisclosed
- 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
- Major Credit Cards
- Major Debit Cards
- Cash—Undisclosed
- Check
- ACH Transactions
- PayPal
- Apple Pay—Undisclosed
- Google Pay—Undisclosed
- Money Order
- Wire Transfer
- *Not all payment methods are available in all states
- *Some payment methods may incur additional fees
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