Delete Signature Warranty For Free

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How to get your money back. 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.

Can You Cancel an Extended Warranty? Every warranty company is different, but in general, most offer the ability to cancel, either for a refund or a prorated refund. That's the good news. The bad news is that you're likely to face a tough time getting through the cancellation process.

Refusing to Cancel Warranties Is Common It is quite common for car dealerships to refuse to cancel extended warranties because they do not want to lose the profit they make from selling these products to unsuspecting customers.

Your right to cancel After 60 days, you can still cancel and receive a partial refund. On a used vehicle, you can cancel a service contract within 30 days without penalty. After 30 days, you can cancel and receive a partial refund. To cancel, write a letter to the dealer and the warranty company.

For some, you cancel your warranty coverage easily with a phone call. For others, you'll need to fill out a cancellation form, a letter of intent, and proof of the odometer reading at the time of mailing and either mail it in or bring it to the dealership to initiate the extended car warranty cancellation process.

In most cases, the reason a dealer can give for refusing to cancel an extended warranty is if you are making the cancellation request after the cut-off point. More often than not, a warranty provider will put a condition in the contract, stipulating a strict period for backing out of the warranty plan.

Every extended warranty product has a 'flat cancel' period detailed in the contract. If you opt to cancel the extended warranty within the flat cancellation period, you will get a FULL refund. Typically, the extended warranty flat cancellation period is 30 to 60 days after the date of purchase.