EasyCare’s Rideshare coverage allows dealers to capitalize on the rapidly growing ride-hailing market, and protect rideshare drivers from unexpected costs that could derail them from their track to success. With a suite of the industry’s only MOTOR TREND recommended F&I benefits to choose from, dealers can cater to each driver’s individual needs and maximize their dealership’s revenue opportunities.
Vehicle Service Contracts (VSC)
For your rideshare customers, a perfectly functioning vehicle results in safer rides, increased ratings and endless income opportunities. EasyCare’s Rideshare Vehicle Service Contracts (VSC) provide comprehensive coverage with added benefits specifically designed to keep them on the track to success.
EasyCare’s Rideshare VSC covers these component groups, protecting hundreds of individual components.*
- Transmission/Transfer Case
- Drive Axle (Front/Rear)
- Seals and Gaskets
- Taxes and Fluids
- Air Conditioning
- Fuel System
- Cooling System
- Braking System
- Suspension (Front/Rear)
- Electrical System
- High Tech/Convenience Group
- Tire & Wheels
*Covered components varies by coverage level.
Putting it into Perspective
On average, a typical person will drive over 12,000 miles per year. (1) Full-time rideshare drivers can easily drive more than 500 miles per week, which is over 25,000 miles per year. This means that your customer’s factory warranty, which could be 3 years/36,000 miles, will expire much quicker than a typical driver’s warranty.
(1) According to a study conducted by the U.S. Department of Transportation and the Federal Highway Administration: www.fhwa.dot.gov
Guaranteed Asset Protection (GAP)
Buying a vehicle gets rideshare drivers on the fast track to success and opens doors to endless income opportunities. But it also opens doors to potential unexpected expenses. Our Rideshare Guaranteed Asset Protection (GAP) coverage protects your customers from paying large out-of-pocket expenses for the “gap” between their insurance settlement and the balance of their loan in case their vehicle is totaled or stolen.
Benefits of GAP
- Covers up to $50,000 of the gap between your insurance settlement and your loan balance
- Covers up to $1,000 of your insurance deductible
- Covers loan amounts up to 150% of your vehicle’s value, which leaves room to include other investments to protect your vehicle*
Putting it into Perspective
At the time of your customer’s loss, their loan balance is $31,000. The insurance company places the vehicle’s value at $27,000. After a $1,000 deductible, they provide a settlement of $26,000. Your customer still owes $5,000 on a vehicle they can no longer drive. EasyCare’s Rideshare GAP takes care of that expense.
*Loan to value may vary by plan; see your EasyCare dealer for specific terms.
The information presented on this site is intended for marketing purposes only and is a summary of the benefits offered. Not all plans are available in all areas and coverage may vary by state. Ask your dealer representative for the actual contract or limited warranty for complete terms, conditions, exclusions and state-specific language. Purchase of this coverage is optional and is not required to qualify for financing.
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