Toco Extended Car Warranty [Review + Guide]

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Geoff Cudd

Geoff Cudd

I am a serial entrepreneur and a consumer advocate. When I’m not helping car buyers, I love working on ventures that have a positive impact.

I run a cause marketing agency and serve on the board of Vayu Global Health where we are disrupting the medical industry and preventing the needless deaths of mothers and babies during childbirth.

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We’ve all been there: major repairs after the factory warranty expires. That’s when extended warranties from places like Toco step in.

Instead of making you wade through all the many options for third-party extended warranties, our expert editors are doing that for you. This time around, we’re putting Toco’s extended car warranty to the test.

Toco claims to change how we protect our vehicles. But do they hold up to this promise?

Today, we’ll share our honest opinion about Toco's extended warranties.

Best for Extra Benefits

• Administers its own policies, from quote to claim
• Advantage Plan includes vehicle maintenance

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Best Coverage Options

• Save a minimum of $1,000 for the same coverage as a dealer warranty
• Coverage plans protect the newest technology features

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Disclosure: I sometimes receive compensation from referrals to companies I mention, but that does not impact my opinions and helps keep this website going. And I only recommend providers that will genuinely benefit my readers.

What Is Toco Extended Warranty?

Founded in 2013, Toco is an extended warranty provider located in California. Their plans are fulfilled through AmTrust Financial Services.

Overall, they have a positive reputation in the industry and may be a solid choice for your extended warranty.

Can I Trust Toco?

Toco has a solid reputation, with a strong A+ rating from the BBB along with accreditation. They quickly address any complaints.

Additionally, they have 4.48 stars out of 5 on the BBB from customer reviews, suggesting that they offer trustworthy service overall.

How Does Toco Work?

Toco aims to provide affordable extended warranty service to all. They do not require a down payment and pride themselves on affordable monthly fees.

Is Toco Available in California?

As a California-based company, Toco does offer coverage in California. They do not provide vehicle service contracts but instead offer mechanical breakdown insurance in the state.

Toco Extended Auto Warranty Review – The Good & Bad

Toco Extended Car Warranty: Is It Worth It?

A Toco extended warranty can certainly be worth it! The company offers multiple plan levels and demonstrates a commitment to customer service. They even offer mechanical breakdown insurance in California. Unfortunately, Toco does not provide coverage for EV or Hybrid batteries.

However, Toco is not necessarily the best choice for everyone. You should consider your vehicle age, make, model, and condition, as well as how long you plan to keep the vehicle, before getting an extended warranty.

If you determine that an extended warranty is right for you, you should compare several quotes to decide on the best provider for you.

Which Toco Plan Should I Get?

What Is the Best Toco Extended Warranty for New Cars?

The Orange plan is best suited for new cars or vehicles up to 5 years old/60,000 miles. It offers the most comprehensive coverage.

What Is the Best Toco Extended Warranty for Used Cars?

Toco has several options that can work well for used cars, depending on their age and condition. For significantly older vehicles with many miles, the Blue plan (basic powertrain coverage) is ideal. It’s an affordable option that can still protect your vehicle’s most essential parts.

What Does Toco Cover?

The coverage you can expect from Toco varies depending on which plan you choose. The highest tiered plan offers exclusionary bumper-to-bumper coverage, while the most basic plan offers only powertrain coverage. Here are some examples of commonly covered parts:

• Engine
• Transmission
• Main Electrical Components
• Drive Axle
• Brakes
• AC
• Cooling System
• Steering
• Steals & Gaskets

What Does Toco Not Cover?

Toco does not cover the same things that many other extended warranty plans won’t cover, including:

• Routine Maintenance
• Repairs for Prior Issues
• Weather Damage
• Normal Wear and Tear
• Collision Damage
• Tires & Wheels
• Cosmetic Issues

Toco Extended Car Warranty Costs & Savings

The cost of your warranty will vary depending on your vehicle details and the plan you choose.

Many customers praise the affordability of Toco extended warranties and their pay-as-you-go options. You won’t need to pay a down payment either.

While the actual cost can fluctuate significantly, the average cost is around $2,800.

Toco Warranty Coverage Plans

Toco has four warranty plan options. Here’s a breakdown of each:

Level I (Orange Plan)

The Orange plan offers exclusionary, bumper-to-bumper coverage. This means that it only lists the parts that are not covered. It’s the most similar to the factory warranty.

Level II (Yellow Plan)

The Yellow plan offers fairly comprehensive coverage. It lists out each covered part.

Level III (Green Plan)

The Green plan is “enhanced powertrain coverage.” It covers the powertrain and several other key components that are listed.

Level IV (Blue Plan)

The Blue plan is basic powertrain coverage, which is ideal for very old or high mileage vehicles.

Toco Extended Warranty Additional Benefits

Every extended warranty plan from Toco includes some additional benefits, including:

• Rental car reimbursement for up to $35 for every 4 hours your car was being worked on (up to $175) per repair visit.
• Trip interruption coverage, including lodging and meals for up to $100 per day for up to 3 days if the mechanical issue happens more than 100 miles from your home.
• Motel/hotel discounts on Hotel.com bookings and a 5% rebate if you send your receipt to Toco.
• Roadside assistance includes towing, flat-tire assistance, locksmith, and jump-starts.

How to File a Claim with Toco

Filing a claim with Toco is easy. Here’s how it works:

1. Bring your vehicle to a state-licensed repair shop of your choice.
2. The mechanic should assess the issue and contact Toco.
3. You pay the deductible and Toco will pay the covered repairs directly to the facility.

How to Cancel Toco Extended Warranty

Toco’s refund policy lasts for 60 days. Within the first 60 days, you can cancel if you have not filed a claim. If you cancel within the first 60 days, you receive a full refund.

You can still cancel after the 60 day period, but you will receive a prorated refund and need to pay the $50 administration fee.

Toco Customer Reviews & Complaints

Many positive customer reviews talk about how quickly Toco covers the claims. Many customers praise the overall experience and good customer service.

Of course, there are still negative reviews. Some negative reviews express frustration that claims were denied that they believed should be covered.

Some negative reviews are normal for any company, especially in the extended warranty industry. It’s worth noting that Toco responds promptly and works hard to resolve complaints.

Alternatives to Toco Extended Warranty

Toco has a reputation for being flexible and affordable for extended car warranties, but it’s not the only option. Before choosing a provider, be sure to compare all o the top players. Here are some of the alternatives to Toco:

• Endurance: Endurance is a well-known and respected extended warranty provider. They provide direct-to-consumer warranties and six plans to choose from. They also offer stellar benefits with each plan. Learn more in our full Endurance review.
• CarEdge: CarEdge is a newer extended warranty provider that’s already earned a positive standing with consumers. They offer affordable plan choices and excellent customer service. Read our full CarEdge extended warranty review to learn more.
• Olive: Olive.com is also a newer provider. They are a digital company looking to disrupt the industry in a positive way for consumers. Read more in our Olive.com review.

Frequently Asked Questions

What is the deductible for Toco extended warranty?

The deductible for your Toco plan may vary, but in general, you can anticipate a deductible of roughly $100.

Where can I get repairs under the Toco extended warranty?

With a Toco extended warranty, you can bring your vehicle to any ASE-licensed repair facility. This means you have plenty of flexibility to choose a repair shop that is convenient for you.

Is Toco better than Endurance for car extended warranties?

Endurance is a well-known extended warranty provider, but it is not necessarily better than Toco. You should obtain quotes from both for your specific vehicle. Then you can directly compare the cost, coverage, benefits, etc. This is the best way to determine if Endurance or Toco is right for you.

Is Toco better than CARCHEX for car extended warranties?

CARCHEX is another top extended warranty provider. However, CARCHEX and Toco each have unique advantages and considerations. Request a quote from both providers to determine which is better for you.

Does Toco extended warranty cover routine maintenance?

No, much like most extended warranties, Toco extended warranties will not cover routine maintenance.

How does Toco warranty pay claims?

Toco pays the covered claims directly to the repair facility after paying your deductible. You should have the mechanic confirm coverage before authorizing any repairs. Then, you will pay your deductible, and Toco will pay the claim to the repair shop.

Are Toco warranties transferable?

Yes, you can transfer Toco warranties to the new vehicle owner.

What is Toco’s cancellation policy?

You can cancel your warranty within 60 days for a full refund (if no claims were made). After the 60-day period, you will receive a prorated refund and must pay a $50 administrative fee.