• Thursday, 24 January 2019

RideShare Knight, the Country's First Ride-Sharing Extended Warranty, Expands Coverage for Eligible Vehicles

LOUISVILLE, Ky: RideShare Knight, the first vehicle service contract for Uber and Lyft drivers working in the ride-sharing economy today, this week announced they are launching a total of seven coverage plans.

Including multiple tiered plan options within each new coverage package, RideShare Knight is working to develop as many levels of protection as possible for the millions of independent drivers in the ride-sharing economy today.

"Right now, there are millions of individuals making a living as a ride-sharing driver, with no extended warranty for their vehicle," said Max Zanan, Founder and CEO of RideShare Knight. "While on the job, if they have a mechanical breakdown, Uber and Lyft are not liable for damages, instead making the driver absorb the cost of repairs. We now have plans for vehicles with up to 150,000 miles."

Complete extended warranties are available for current model year vehicles plus 4-years back with 0-60,000 miles. The Complete tier has 3 levels of coverage: Platinum, Gold, and Silver.

Flex extended warranties are available for any model year vehicles with 60,000 to 150,000 miles. The Flex plan tier has 4 levels of coverage: Preferred, Select, Powertrain Plus, and Powertrain.

RideShare Knight is the first Uber extended warranty and Lyft extended warranty of its kind, providing independent drivers with the coverage they need to be protected on the road. By working with RideShare Knight coverage, these drivers now receive 24-hour roadside assistance, nationwide coverage, accessibility to all licensed mechanics, 0% APR Financing, and transferrable options to new vehicle owners.

"We want to ensure ride-sharing drivers are equipped against costly repairs with our variety of coverage plans today," said Zanan. "We also want to expand vehicle eligibility to provide coverage to as many drivers as possible."