Not to hijack the thread... but...
I'd be very interested, and so would many others, to know which company is "covering" you, and whether it truly covers convertible tops or not.
I'll say
almost all ("because I never use absolutes") aftermarket warranties are worthless and a waste of money. I say this from long-term experience, both personal and from the experience of friends and associates. Most companies will deny coverage for assorted and sundry BS reasons when you
do need service: A fuel pump, for instance, will not be covered, because if it was mechanical, it would be, but it's an "electrical" device and "electrical devices" are not covered. True story. Or they go out of business, or get absorbed by others, or just plain take the money and run. I bet if you Google "[your company] complaints" you'll see what I mean. This works for all of them...
And I've
never seen one that covers the convertible top, or the mechanism to raise it and lower it, unless it's a manual, and then they have all kinds of outs ("top must be lubricated twice yearly...") to deny coverage if something does pop up.
I would
love for someone to prove me wrong. Don't tell me "I have the coverage." I want someone to tell me "I have coverage and they covered it without question, and the name and 800 number (or website) of the company is ----" for any repair over $250. Go ahead, I'll wait...
So, your above advice would probably not work, no matter how long you waited. Once they have your money... good luck!