Did I pay too much for the extended warranty for my 2014 Prius Two

You should pay $0 for the warranty, because all mechanical items come with a "mortality curve":
- Things often break when the car is fresh from the factory. This is covered by the manufacturer (free).
- In the middle part of the curve, things rarely break.
- Then towards the end of the curve (over 150,000 miles) things start to reach end-of-life. Pumps die, radiators leak, A/C stops workings, etc.
An extended warranty covers the middle part, where mortality is near-zero. It is basically pure profit for the dealer. Don't waste your money on them.

 

Sounds like health insurance

 

Yes you need health insurance when you're a baby & child to cover "manufacturing defects" and again when you are old and things start failing, but not in the middle part (age 15 to 50) when things rarely go wrong. Very few people die in that age bracket, just as very few cars breakdown between 20,000 and 150,000 miles.

BTW if you tell a telemarketer, "Do not call" and they continue to do it anyway, you can file a lawsuit in federal court. 99.9% of the time you win judgement by default since the telemarketing company does not appear. i.e. You get a few thousand in cash reward
.

 

Tell that to my dad who died at 57 and his brother who died at 49 and my van's engine that died at 44,000 miles. You're right, odds were that none of those things should have happened, but they did.