Is this the Toyota platinum extended warranty or extra care or something? If so that is a great warranty!!
My Toyota Platinum service agreement (7/100/0 from Troy that I just got in July before my 3/36 runs out) states this as far as cancelling
My warranty is third party, sold to me via the dealership. It is written by American Financial Warranty Corporation. I have the Ultra warranty. It cost me an arm and a leg, but I was banking on not having to use it and getting my $1,798 back. But if I use it for say a transfer case, front diff, or a tranny somewhere down the road it has still more than paid for itself...**knocks on wood
I have not read to find out whether or not I can cancel at anytime, but I do know if I run it the full 8 yr/80,000 miles without using it I get my money back.
If I find I can cancel it before my 3/36 expires I will definitely be cancelling it and contacting Troy and purchasing a warranty from him!
EDIT: I found this on AFWC's website:
How do I cancel my vehicle service contract?
1. You may cancel your VSC at any time by notifying your selling dealer in writing. Please advise your selling dealer of the date and mileage on your vehicle at time of cancellation.
2. If your request for cancellation is made within sixty (60) days of the contract sale date and no claims have been made, you will be entitled to a full refund.
3. If your request for cancellation is received after sixty (60) days from the contract sale date, or if you have filed claims, then the cancellation refund will be pro-rated. The pro-rata refund will be the greater usage of miles or months from the commencement of the contract term in relation to the maximum contract term, less the cancellation fee.
4. If you have any questions regarding your cancellation, please contact the AFWC Business Processing Department at 800-964-4811.
I will be cancelling, because after googling the third party company I found several horror stories regarding denied claims...Troy here I come!