Warranty Refund Calculator

Calculate your prorated extended warranty refund amount

Warranty Contract Details

Warranty Type

Original Warranty Cost ($)

Total Warranty Period

Usage & Cancellation Timing

Warranty Purchase Date

Requested Cancellation Date

OR Months Already Used

Leave blank to auto-calculate from dates

Number of Claims Made

Contract Terms & Fees

Cancellation Fee Structure

Administrative Processing Fee ($)

Grace Period (days)

Full refund period after purchase

Have used warranty services/repairs

Past grace/cooling-off period

Currently have active claim

Warranty was financed/monthly payments

Your Warranty Refund Calculation

Refund Eligible

$850.00

Estimated Refund

$350.00

Amount Used

$75.00

Total Fees

71%

Refund Rate

Calculation Breakdown

Warranty Usage Timeline

Start Date Time Used Cancellation End Date

18.5 months used out of 36 months

Important Notes

Next Steps

How Warranty Refunds Work

Prorated Refunds

Most extended warranties offer prorated refunds based on unused time remaining on your contract.

Calculation Method

Refund = (Unused months ÷ Total months) × Original cost - Fees

Common Fees

Cancellation fees, administrative costs, and processing charges may apply.

Usage Impact

Claims made or services used may affect your refund eligibility and amount.

Refund Tips & Strategy

Review Your Contract

Carefully read cancellation terms and refund policies in your warranty agreement.

Act Within Grace Period

Cancel within the cooling-off period for a full refund without penalties.

Contact Provider

Call your warranty provider to understand specific terms and request cancellation.

Written Request

Submit cancellation requests in writing and keep records of all communications.

Know Your Rights

Understand consumer protection laws in your state regarding warranty cancellations.

Common Warranty Types & Refund Policies

Auto Warranties

• Usually prorated refunds
• 30-60 day grace period
• $50-100 cancellation fee
• Claims may reduce refund

Home Warranties

• Monthly/annual terms
• 30 day cancellation
• Admin fees apply
• Service calls deducted

Electronics

• Full refund if unused
• 14-30 day returns
• Restocking fees
• Pro-rated after usage

Furniture Plans

• 30-90 day full refund
• Prorated thereafter
• Coverage usage matters
• Minimal fees typical

Appliances

• Manufacturer dependent
• 15-60 day grace period
• Service history reviewed
• Prorated calculations

Credit Card Plans

• Bank specific terms
• Monthly billing cycles
• Easy cancellation
• Pro-rated refunds