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Assurant vs. Toco Warranty

Compare coverage, cost and reviews

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Written by Matt Zane
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Edited by Jon Bortin

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    Assurant Extended Warranty and Toco Warranty both offer extended car warranties that protect you financially after your manufacturer’s warranty expires.

    While they offer similar services, there are some differences between the coverage they offer, the cost of their plans and the additional benefits you get. We’ve analyzed both companies to help you decide which is the right fit.

    Assurant works best if you need coverage quickly. Most extended warranty companies have a waiting period before you can use your benefits, and Assurant is no exception. But you’ll wait a shorter amount of time for your coverage to begin at Assurant than at Toco Warranty.

    We recommend Toco Warranty for its comprehensive coverage. Toco’s plans insure more components than Assurant’s, offering broader protection. Vehicles with higher mileage can also remain covered longer, making Toco a strong choice for extended and inclusive coverage.

    Assurant Extended Warranty vs. Toco Warranty coverage

    Plans from Assurant Extended Warranty and Toco Warranty offer varying levels of coverage for your vehicle's parts and systems.

    Assurant Extended Warranty coverage

    Assurant offers four plans:

    • Powertrain covers the basics, including the engine, transmission, all-wheel/four-wheel drive, forced induction, gaskets, seals and hybrid components.
    • Base adds coverage for electrical systems, steering, brakes and suspension to the Powertrain plan.
    • High-Tech matches the Base plan's coverage with a focus on additional systems like electrical systems, steering, brakes and suspension.
    • Comprehensive provides the most coverage, including all components in the three other plans plus safety systems and electronics/technology.

    Toco Warranty coverage

    Toco Warranty offers one policy with four levels of coverage that correspond to your vehicle’s odometer reading at the time of service. Prices are not listed online, and to get a quote you must submit your vehicle’s make, model, year and mileage along with your contact information. Warranties are paid month to month.

    • Green Level — 200,000 to 250,000 miles: This level covers the most expensive and essential parts of your vehicle but excludes components like cooling and air conditioning.
    • Blue Level — 150,000 to 200,000 miles: Called “Powertrain Plus,” this level covers your vehicle's powertrain but excludes repairs on steering, brakes, suspension and technology like media players.
    • Yellow Level — 100,000 to 150,000 miles: This high level of coverage includes repairs to your engine, transmission, drive axle, air conditioning, fuel system and more.
    • Orange Level — 0 to 100,000 miles: The most comprehensive level of coverage, this is intended to cover all the same major vehicle systems as the original manufacturer's warranty.

    All levels exclude coverage for “wear and tear” parts like batteries and battery cables, tires, upholstery and glass.

    We’ve broken down what’s covered under each of the companies’ plans below:

    » LEARN MORE: What does a car warranty cover?

    Assurant Extended Warranty vs. Toco Warranty cost

    The cost of an extended auto warranty can vary significantly based on several key factors. Vehicle age and mileage are typically the most influential factors — newer cars with lower mileage generally cost less to cover than older vehicles with high mileage. The make and model of your vehicle also impact pricing, with luxury and high-performance vehicles usually commanding higher premiums due to more expensive repair costs.

    Additionally, plans with comprehensive coverage cost more than basic powertrain protection. Plans may also be more expensive depending on where you live.

    We gathered quotes for different vehicles with varying mileage to give you an idea of how prices compare between Assurant Extended Warranty and Toco Warranty. The prices below are for each company's lowest-tier plan unless otherwise noted. Keep in mind that coverage for these plans varies, so it’s not an exact apples-to-apples comparison of value.

    You can only purchase an extended auto warranty with Assurant through your vehicle’s dealership. Contact your dealer to see if coverage with Assurant is available and how much it costs.

    Toco Warranty’s online quote tool shows you how much you’ll pay per month for an extended auto warranty. This level of coverage depends solely on your vehicle’s current mileage, so we received quotes for all four vehicles with the Yellow plan (100,000 to 150,000 current mileage).

    Assurant Extended Warranty vs. Toco Warranty policies

    Assurant plans don’t have limits to the number of visits or repairs you can schedule per year. However, payout limits and deductibles vary by plan. All Assurant plans have a waiting period of 30 days and are fully transferable (for an additional fee).

    Toco warranties are subject to a waiting period of 90 days and 1,000 miles and have a lifetime payout limit of $15,000. Deductibles are required for each visit. Your deductible amount is listed on your registration page — if there’s no deductible listed, the default amount is $100.

    Assurant Extended Warranty vs. Toco Warranty additional benefits

    In addition to coverage for mechanical failures of your vehicle's parts, Assurant Extended Warranty and Toco Warranty offer a few other benefits.

    Assurant Extended Warranty benefits

    All Assurant plans come with roadside assistance (up to $125 per occurrence for flat tire, towing, fuel delivery, lockout and more), rental car reimbursement ($40 for a maximum of one day) and trip interruption benefits (up to $200 while 100 miles or more from home).

    If your vehicle is still covered by a manufacturer’s warranty, Assurant also offers “manufacturer’s deductible reimbursement.” This benefit covers the difference if the manufacturer’s warranty doesn’t fully cover repairs.

    Toco Warranty benefits

    Toco also provides additional benefits, including the following:

    • Roadside assistance like jump-starts, flat tire repair, fuel delivery and towing services up to 15 miles.
    • Rental car reimbursement of up to $40 for every four hours of labor and up to $200 for each repair visit.
    • Trip interruption if your vehicle breaks down more than 100 miles from your home and your car needs to stay at a repair facility overnight. Hotel and restaurant expenses are reimbursed up to $100 a day for up to three days.

    Assurant Extended Warranty vs. Toco Warranty reviews

    For an honest assessment of customer satisfaction, let's examine what actual policyholders say about Assurant Extended Warranty and Toco Warranty.

    Assurant Extended Warranty reviews

    Reviews for Assurant are mixed. Most positive reviews cite efficient customer service, easy claims handling and timely responses.

    • "I called Assurant, and the very nice person that I talked to knew English perfectly and was easy to communicate with. She told me I could have the transmission fixed anywhere I trusted and felt confident. The shop simply had to communicate to Assurant when the diagnosis was complete. In the end, my truck is fixed, Assurant covered 100% for the repair, and the entire process was actually easy and peaceful for me. I had a great deal of stress and tension over everything, and as it turns out, it was one of the easiest things I've done." — Carl from New York

    • “Vehicle was taken in the morning with the complaint and claim was process in a very timely manner, same day. Paid my deductible and the rest the representative took care with the warranty. I was able to pick up my vehicle the very same day. Very satisfied with their response.” — Blanca from California

    Assurant’s negative customer reviews mention slow claims processing, unclear denial reasons and poor communication.

    • “600 of my 2100 dollar claim was paid. The rest was denied ... I requested the inspection report that was used to determine the denial and was told they don't have it.” — Brian from California

    » SEE FOR YOURSELF: Assurant Extended Warranty reviews

    Toco Warranty reviews

    Toco Warranty receives overwhelmingly positive reviews. Customers like the professional and helpful customer service, comprehensive coverage and that they aren't required to sign up for a long-term contract.

    • “Morgan was super helpful in explaining the Toco Warranty program and all that it entails. This was our first experience with a vehicle warranty company and I had a ton of questions and Morgan was more than patience and made sure that I understood each one.” — Mike from Arkansas

    • “They covered EVERY repair I ever needed and all I paid was 100 deductible. My passenger air bag went out, COVERED charge over 900. I paid 100. If you need coverage you need Toco!!” — Mitzi from Arizona

    In the few negative reviews, customers express some frustration at being denied coverage for repairs they thought were included.

    “I'm still not satisfied with the warranty coverage. I'd been a customer for almost a year and still I'm paying for repairs out of my pocket and I'm not for sure that I will recommend anyone to this company.” — Dramell from Ohio

    » SEE FOR YOURSELF: Toco Warranty reviews

    Bottom line: Assurant Extended Warranty or Toco Warranty?

    All things considered, what kind of driver is each provider best for?

    • Assurant is best for customers looking to get an extended auto warranty through a dealership when they make their vehicle purchase.

    • Toco Warranty is best for drivers who want one policy that stays in place for the life of their vehicle and who appreciate professional and friendly customer service.

    If neither sounds like a good fit, or if you’d simply like to see more top-rated providers, check out our other picks for the best extended car warranty companies.

    Looking for an extended car warranty?READ OUR GUIDE