No one wants to be trapped in a financial commitment if they don’t have to be. At some point, you may want the option to transfer or cancel your RV extended warranty. People often choose to transfer their warranty policies when selling their rig through a brokerage or private party.
Fortunately, most dealerships and warranty brokers, such as Wholesale Warranties, offer transferable policies. All of Wholesale Warranties’ protection plans offer cancellation and transfer options!
What does it mean to transfer my RV warranty?
People will want to transfer their RV extended warranty plan if they are planning to sell or give their RV away. If you’re looking to retire to a sticks-and-bricks and want to pass your RV down to a family member, no problem; your policy administrator will transfer that warranty along to your relative.
Similarly, if you are planning to sell your RV to a private party, you will need to contact your warranty broker or administrator beforehand. When you sell your RV, the new owner will be the warranty policyholder. The new policyholder will be able to enjoy RV protection for however much time is remaining on the original term. This is a great added benefit for the buyer, and can increase the amount
How do I transfer my policy?
The RV warranty transfer process is straightforward. If you are looking into selling your motorhome or towable trailer, first you need to contact your policy administrator. Then, you will fill out a simple transfer form and pay a small transfer fee in order to pass the policy on to the new owner.
It is important to keep in mind that transfers do not apply to dealership trade-ins. If you’re trading your RV in, retiring from the RV lifestyle, or no longer require your warranty services, you will be able to cancel your policy for a pro-rated refund.
The longer your warranty policy term, the greater the value of your RV when you sell it! If you’re thinking about eventually selling your rig, you should consider investing in an extended warranty with a longer term. For a free RV warranty quote, fill out the form below: