Can I cancel the extended warranty and receive a reasonable pro-rated refund?
In the event that you do not use the entire term of your extended warranty and would like to cancel, many extended warranty companies do not offer a reasonable method of determining how much money you get back. Most extended warranty companies in the industry use time, miles, and also claims in determining your pro-rated refund. Ensure that you are receiving a fair method of pro-ration by selecting a plan that doesn’t take claims into account when determining the amount of refund.
