Quick Answer: How do I get a refund on my extended car warranty?

Submit the required paperwork to the dealership or warranty company. If you have not heard from the warranty company or the dealership within two weeks, call and ask for an update. You should expect a refund to take four weeks or more from the date you submitted the paperwork.

Can you get money back from extended car warranty?

Extended car warranties aren’t set in stone. Most dealerships and third-party companies allow you to cancel it at any time to receive a prorated refund.

How do I get a refund on my extended warranty?

You can cancel an extended warranty at any time and you’ll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won’t drop, but you may pay off the car sooner after the refund is deducted from your balance.

How do I cancel my extended car warranty?

To cancel your extended car warranty, you will need to fill out a form specifying your mileage and the cancellation date, and then you will need to get a signed copy of the form from the dealership. You will probably need to nudge them to process the request, so don’t be afraid to call every couple of weeks.

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How long do I have to cancel an extended warranty?

Some warranty providers stipulate a strict time period, usually between 30 and 60 days, in which you are allowed to cancel your extended warranty without being charged any fees. Even in this case, however, you should still be able to cancel your warranty, unless your contract explicitly states otherwise.

How do I cancel my MaxCare extended warranty?

According to CarMax, you can cancel your MaxCare warranty at any time. To cancel, you’ll need to either contact the dealer you bought the car from, or the administrator of the policy. If you’re unable to return to the selling location, you’ll need to notify Assurant in writing.

How long does it take to get a refund from extended warranty?

Submit the required paperwork to the dealership or warranty company. If you have not heard from the warranty company or the dealership within two weeks, call and ask for an update. You should expect a refund to take four weeks or more from the date you submitted the paperwork.

Can I cancel my Hyundai extended warranty?

If you’re not sure if a Hyundai extended warranty is right for you, you can give it a try relatively risk-free. After purchasing a Hyundai vehicle service contract, you can cancel anytime within 60 days for a full refund.

Can I cancel my Ford extended warranty?

Can I cancel my Ford Protect Contract? Yes. For most states if you cancel within 30 days and no services have been rendered you can receive a full refund minus a $75 cancellation fee. After 30 days the refund will be pro-rated by time and mileage.

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Can I cancel a car purchase agreement?

Any licensed dealer must offer the buyer of a used car (that costs $40,000 or less) the option to purchase a 2-day cancellation before signing the contract. If you purchase the option, you have the right to cancel the sale within two days for any reason.

Can you get a refund on gap insurance?

Gap insurance refunds are usually only possible for policies that were paid in full up front. Drivers cannot get refunds simply because they never filed a gap insurance claim. If you are cancelling within 30 days after the policy’s start date, you might be able to get a full refund, minus any cancellation fees.

How do I cancel a service agreement?

To cancel, write a letter to the dealer and the warranty company. If you are financing your vehicle, the price you paid for the service contract may be credited to your account balance.

How do I cancel my fidelity warranty?

Call (800) 327-5172 to locate a dealer in your area. How do I cancel my Service Contract? Contact the dealership where you purchased your current Service Contract to request a cancellation.

How long does it take to cancel a car warranty?

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.

Is extended warranty mandatory?

The key benefit of an extended warranty is that it gives you a good protection against the failure of a major & expensive part (e.g. engine or gear box of a car). But it is also true that extended warranties are not needed in each and every case, and therefore you need to exercise some caution while going in for one.

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What does extended warranty cover on a car?

An extended warranty is actually an insurance policy on your vehicle, a safeguard against expensive, unforeseen repairs. It covers repairs for an agreed-upon period of time and miles. True warranties, though, are included in the price of the product.