Toco Warranty Corp., a seller of vehicle service contracts (VSC) and mechanical breakdown insurance, launched a new website for consumers who demand affordable monthly payments. Toco Warranty offers an easy online experience so customers can clearly understand their VSC coverage and have the ability to purchase online.
Pay-as-you-go plans have changed the way consumers choose services. This trend is not exclusive to TV services and is being adopted as a standard for mobile phone plans, music streaming and computer programs. A major factor driving consumers to “cut the cord” and opt for subscription-based services is cost.
To simplify the vehicle service contracts purchasing process, Toco Warranty’s user-friendly website lets consumers view Toco Warranty’s plans to see what’s covered and what isn’t, and to purchase directly online.
A 2015 study found that as many as 46 percent of U.S. households surveyed would find an unexpected $400 financial emergency challenging to handle.* Toco Warranty provides simple vehicle service contracts with a payment plan and no down payment. While it’s not a pay-as-you-go service, Toco customers may cancel their contract and payment plan at any time, although cancellation fees may apply.
“Our new website reflects our business model of simple, transparent and financially smart,” says Paul McGee, national Customer Care manager, Toco Warranty. “We put the customer first by addressing their primary concerns around a VSC and the ability to research through our robust Knowledge Center to help inform their decisions — all with a few clicks.”