Toco Extended Warranty Review

Toco Warranty Corporation is a relative newcomer. It was founded in 2013 in California and is backed by AmTrust Financial Services. Despite being new, it has a solid reputation with an A+ rating from the Better Business Bureau. The company is known for offering affordable plans with no down payment and the ability to pay monthly to more easily fit the cost into your budget.

Pros and Cons

  • Affordable payment plans
  • Offers new and used vehicle coverage
  • Covers vehicles up to 20 years old with 175,000 miles
  • Transferable to new owner
  • Not available in Washington, Missouri, or Alaska
  • Cancelling incurs a $50 fee after 60 days
  • Waiting period of 30 days and 1,000 miles

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What is Covered by Toco Plans?

There are three Toco plans that are each designed for vehicles of a certain age and mileage. Newer, low mileage vehicles have access to more comprehensive coverage than those that are older and have already racked up the miles.

Here are the 10 most expensive repairs and how they’re covered under the three available Toco extended warranty plans.

Avg CostBlueYellowOrange

(*) Brakes does not include: Pads, Rotors, Shoes and Drums

Which Toco Plan is Right for Me?

Additional Benefits Included in All Toco Plans

  • Roadside assistance - this includes jump-starts, flat tire changes, fuel delivery, locksmiths, and towing.
  • Rental car - this covers $35 for every four hours of labor on your vehicle up to a maximum of $175 per visit.
  • Trip interruption - up to $100 per day for three days to cover food and lodging if you breakdown more than 100 miles from home.
  • Hotel and motel discounts - discounts offered when you book through hotels.com with a 5 percent rebate when you send your receipt to Toco.

Mechanical Breakdown Insurance

Toco offers mechanical breakdown insurance to California residents only. The vehicle must be less than 10 years old and have less than 70,000 miles on the odometer. It’s not technically a warranty, but rather insurance that covers certain repair costs to your vehicle. You can see a sample policy of this insurance product here.

Blue Plan From Toco

This is the most basic plan from Toco. It’s available for vehicles as old as the 2001 model year with anywhere from 100k to 175k miles.

Engine

  • All internal components of the engine that require lubrication for operation including: pistons, piston rings, wrist pins, crankshaft and main bearings, connecting rods and rod bearings, timing chain and timing gears, intake and exhaust valves, valve springs, push rods, rocker arms, hydraulic lifters, rocker arm shafts, oil pump, harmonic balancer
  • Engine block
  • Cylinder heads
  • Oil pan and timing change cover if damaged by failure of an internally lubricated engine component

Transmission

  • All internal components of the transmission that require lubrication for operation including: oil pump, drums, planetaries, sun gear and shell, shafts, bearings, shift rail, forks, synchronizers
  • Torque converter
  • Vacuum modulator
  • Accumulator
  • Electronic shift control unit
  • Transmission case and pan if damaged by failure of internally lubricated transmission component

Drive Axle (Front and Rear)

  • All internally lubricated components contained within the drive axle housing
  • Locking hubs
  • Drive shafts
  • Center support bearings
  • Universal joints
  • CV joints (except when damaged as a result of a torn or missing CV boot)
  • Drive axle housing and differential cover only if damaged by failure of internally lubricated drive axle component

4x4 Transfer Case

  • All internal components of the transfer case that require lubrication for operation

Turbo/Supercharger

  • All internal components of the turbocharger or supercharger. Only OEM equipment qualifies for car repair coverage

Cooling

  • Water pump
  • Engine cooling fan motor
  • Fan and fan clutch

Air Conditioning

  • Compressor and clutch
  • Condenser
  • Evaporator
  • Expansion valve
  • Blower motor
  • Condenser fan motor
  • Accumulator/receiver-dryer and orifice tube are covered only if they have failed

Fuel System

  • Electrical and mechanical fuel pump
  • Fuel injection pump
  • Fuel gauge
  • Fuel sending unit
  • Fuel pressure regulator
  • Metal fuel lines

Electrical

  • Alternator
  • Voltage regulator
  • Starter motor
  • Starter solenoid
  • Ignition switch
  • Front and rear wiper motors and switches
  • Washer pump and switch
  • Headlamp switch
  • Turn signal switch
  • Rear defroster switch
  • AC/heater blower speed switch
  • Power window motors, regulators, and switches
  • Power door lock actuators and switches

Seals and Gaskets

  • Seals and gaskets are covered only if required in conjunction with a covered repair. Leaking seals or gaskets are not covered.

Yellow Plan From Toco

The Yellow plan is available for vehicles with between 60k and 100k miles and model years 2012 or newer. It’s a step up in coverage from the Blue plan with a wider range of covered components.It includes everything in the Blue plan plus:

Engine

  • Cylinder barrels
  • Timing cover
  • Valve cover only if damaged by a covered internally lubricated part
  • Wrist rings
  • Camshaft
  • Lifers
  • Followers and cam bearings
  • Shafts and bushings
  • Replaceable guides
  • Seats
  • Timing belt and tensioner
  • Eccentric shaft
  • Oil pump
  • Water pump
  • Flywheel/flex plate and ring gear
  • Rotary engines: rotary chamber, main bearing, rotor

Transmission

  • Transfer case and torque converter case if damaged by failure of internally lubricated transmission component
  • Valve body
  • Governor
  • Internal linkage
  • Gear sets
  • Bands
  • Sealing rings

Drive Axle

  • Differential housing
  • Transaxle housing and final drive housing only if damaged by an internally lubricated part
  • Axle shafts
  • Gear sets
  • Locking hubs and rings

Electrical

  • Distributor
  • Engine compartment wiring harness
  • Analog gauges
  • Mirror motors and controls
  • Convertible top motor and switch
  • Cruise control engagement switch
  • Combination turn signal switch
  • Wiper delay switch and controller
  • Front differential engagement switch and motor
  • Power trunk release and switch

Steering

  • Gear housing only if damaged by failure of an internally lubricated covered part
  • All parts contained with the steering rack/gear housing including: rack and pinion, power steering pump, power cylinder, main and immediate shafts, couplings, pitman arm, idler arm, tie rod ends
  • Seals and gaskets only when required in connection with the replacement of a covered part

Suspension

  • Upper and lower control arms
  • Shafts and bushings
  • Upper and lower ball joints
  • Steering knuckles
  • Wheel bearings
  • Stabilizer shaft
  • Linkage and bushings
  • Kingpins and bushings
  • Spindle and support
  • Torsion bars
  • Seals and gaskets only when required in connection with replacement of covered parts

Brakes

  • Master cylinder
  • Power assist-booster pump
  • Vacuum assist booster
  • Wheel cylinders
  • Combination valve (proportioning valve)
  • Steel hydraulic lines and fittings
  • Brake calipers
  • ABS: wheel speed sensors, hydraulic pump/motor and electronic control module
  • Seals and gaskets only when required in connection with replacement of covered parts

Fuel

  • Fuel nozzles
  • Tank filler neck

Electronic High Tech

  • Suspension level control compressor
  • Height sensor and limiter valve
  • Pneumatic suspension pump
  • Sensors and valves
  • Spark control detonation sensors
  • Anti-detonation sensors
  • Ignition module
  • Knock sensor
  • Vehicle manufacturer installed combination entry system

Technology Package (original factory installed)

  • AM/FM radio/cassette/CD players (not to exceed $3000 repair/replacement cost)
  • Graphic equalizer
  • Audio/video equipment
  • All touchscreen and/or voice activated accessories including related display screens and heads up displays on windshields
  • Electronic transmitting/receiving devices
  • GPS
  • Voice recognition systems

Modern Features Package (original factory installed)

  • Park assist and components
  • Backup camera
  • Bluetooth
  • Blind spot sensors
  • Trunk liftgate sensors
  • Lane departure warnings
  • Correctors (driver assistance features)

Taxes and Fluids

  • State and local taxes were applicable and fluids to complete a covered repair

Orange Plan From Toco

This is the most comprehensive plan from Toco and it's different from the other two. While those are stated inclusion plans that list what is covered, the Orange plan is an exclusionary coverage plan that instead lists what is not covered. The list of parts not covered by this plan includes:

Vehicle Parts

  • Maintenance parts such as spark plugs and brake pads
  • Carburetor
  • Battery and battery cable/harness
  • Standard transmission clutch assembly
  • Friction clutch disc and pressure plate
  • Distributor cap and rotor
  • Safety restraint systems (including air bags)
  • Glass, lenses, sealed beams, and light bulbs
  • Fuses and circuit breakers
  • Cellular phones, TV/VCR/DVD players and game centers
  • Speakers
  • AM/FM radio/cassette/CD players exceeding $3000 repair or replacement cost
  • Remote control consoles and radar detection devices
  • Brake rotors and drums
  • Shocks and struts
  • All exhaust components
  • Emission components including: EGR purge valve/solenoids/sensors, vacuum canister, vapor return canister and vapor return lines/valves, air pump/lines/valves, catalytic converter/filtering/sensors, emission vapor sensors
  • Gas cap/filler neck
  • Bright metal and chrome
  • Upholstery and carpet
  • Paint and outside ornamentation
  • bumpers, body sheet metal and panels
  • Frame and structural body parts
  • Vinyl and convertible tops
  • Any convertible top assemblies, hardware, or linkages
  • Tires, wheels, and rims
  • External nuts, bolts, and fasteners (except in conjunction with a covered repair)

Other

  • Pre-existing conditions
  • Failure to perform maintenance
  • Damage from other causes
  • Basic wear and tear
  • Aftermarket alterations
  • Non-working odometer
  • Non-normal title status
  • Property damage, injury, or death
  • Covered by insurance or warranty
  • Towing or commercial use
  • Outside covered territory
  • Diagnostic or teardown procedures

How Much Does a Toco Warranty Cost?

Exactly how much your warranty will cost depends on your car. How old is it? How many miles does it have? These numbers are just a guideline. They were compiled from searching the internet for real quotes that were given to real Toco customers. Consider them a guide, but know your quote could vary considerably.

VehiclePlan NameTermTotal CostDeductible

How to File a Toco Claim?

All you need to do is take your car to a licenced mechanic, repair shop, or dealership. They’ll assess your vehicle and reach out to Toco directly. Once the claim is approved, you pay the deductible and Toco pays the rest directly to the repair facility.

Is My Car Eligible for a Toco Warranty?

What disqualifies a car?

  • Any car with over 200,000 miles
  • Vehicles used for commercial purposes rather than personal use
  • Cars with a model year prior to 2001

Most Common Reasons Why Toco Claims Are Rejected?

  • Non-covered parts. Warranties only cover specific parts, so if you get more fixed than what is approved, you’ll be paying the extra cost.

  • Poor maintenance. You have to take care of your car. If you don’t keep it maintained and something goes wrong, then that’s on you and the claim will be denied.

  • Commercial use. If you use your car for commercial reasons, then it isn’t covered and you risk a denied claim.

Customer Reviews of Toco

Positive Reviews

“I've had a Toco Warranty for about four years now. Their customer service is amazing. They are all kind, quick to respond and very knowledgeable…” - Betty, ConsumerAffairs

“I’ve been with Toco for 2 years and transferred it to my new car just last month. I am very happy with customer service, every time I call I get great service and never had a problem.” - Nancy, ConsumerReviewCenter

“Nice on the budget with the monthly payments. Great service also.” - Kirsten, Reddit

Negative Reviews

“Found a way to wiggle out of coverage for things that were clearly covered. Waste of money!” - Mike, ConsumerReviewCenter

“It said it covered the repair but it was just some of the parts, so I still had to pay part. Not happy.” - Jennifer, Reddit

Should You Get a Toco Extended Warranty?

It’s hard to decide if you should get an extended warranty. One of the biggest factors in the decision is your comfort level with unexpected repairs. If you’d rather just wait and see and you can easily budget for the unexpected, then an extended warranty isn’t necessary. If you’re losing sleep over the potential for repair bills, then the extended warranty is worth considering.

Vehicle reliability is also important. Some makes and models have more problems than others. If yours is one such vehicle, you may find an extended warranty pays for itself. There’s no guarantee, however, that you’ll need that warranty. You may end up buying one and never need to take advantage of the benefits.

A word of caution. Calls from anyone offering an extended car warranty out of the blue are almost always scams. Hang up. Do your own research and find a reputable warranty provider on your own.

Fast Extended Warranty Rate Quotes

Call now 800-276-8769 or get an online quote

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FAQ

Is Toco a legitimate company?

Absolutely. Even though they’re newer, they have an A+ Better Business Bureau rating and are a legitimate company.

How much is a Toco warranty?

You can request an exact quote online or over the phone. What you pay depends on your car, but expect to get a quote that’s at least $1000.

How do Toco warranties work?

Take your car to a licensed repair facility. They will call Toco for approval and receive payment directly. You just pay the deductible.

Can I cancel a Toco extended warranty?

Yes, you can cancel the warranty but there may be a fee.

Is a Toco warranty worth it?

Extended warranties can help you save on repairs, but only if you need those repairs in the first place. If you don’t need them, then the cost of the warranty was a waste.

If I sell my car, can I get a refund from Toco?

Yes. You can cancel or you can transfer the warranty to the new owner. There may be an administration fee with either option.

Editor's note and disclaimer: Car Talk is supported by our fans, readers and listeners. When you click on some of the links on our website, we may receive referral compensation. However, you should know that the recommendations we make are based on our independent editorial review and analyses.
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