Our team reviewed Toco based on five factors: industry standing, coverage, cost, transparency, and customer service. We update our review standards several times each year to make sure we’re giving you the best and most current information. Here’s how we arrived at our overall score of 4.2 out of 5.0 stars for Toco:
Founded in 2013, Toco offers extended auto warranties in all states except Alaska, California, Missouri, and Washington. Combined with its A+ rating from the BBB, this led us to give the company a solid 4.2 out of 5.0 stars in this category.
Toco can cover vehicles up to 250,000 miles with its four coverage levels. The company has a 90-day, 1,000-mile waiting period for coverage, which is higher than the industry standard of 30 days. Overall, we give Toco a 4.2 out of 5.0-star rating for coverage.
For this review, our team gathered quotes for several Toco coverage levels on the following vehicle models:
- 2017 Honda CR-V with 45,000 miles
- 2017 Chevrolet Silverado with 50,000 miles
- 2017 Toyota Camry with 75,000 miles
- 2013 Toyota Camry with 100,000 miles
Overall, we give Toco 4.3 out of 5.0 stars in the cost category for its low monthly payments and low upfront cost. You can pay as you go and cancel your Toco plan at any time, although a cancellation fee may apply.
We give Toco a 3.8 out of 5.0-star rating for transparency. Although the company provides sample vehicle service contracts and sample payment plans on its website, there’s no mention of a money-back guarantee. Most leading extended warranty providers offer a 30- or 60-day money-back guarantee.
Toco gets a strong 4.6 out of 5.0-star customer service rating from our review team. The company holds positive ratings from customer reviews on the BBB, with 4.2 out of 5.0 stars, and on Trustpilot, with an average rating of 4.6 stars. The company also offers online chat, which isn’t a given among the highest-rated warranty providers.