If you drive a vehicle for Uber or Lyft, then you know how many miles you can put on your vehicle. Many professional ride sharing drivers will exceed their warranty in no time.
For many driving for Uber or Lyft, an extended warranty may make sense to mitigate costly repairs.
But beware. If you drive for a living then you need to make sure the extended warranty you purchased covers your vehicle for commercial use. Many ride sharing drivers have paid good money for an extended warranty only to be denied coverage because the extended warranty did not cover commercial use, driving for Uber or Lyft.
The good news is that there are a few companies that offer extended warranties specifically for Uber and Lyft vehicles. So make sure the extended warranty you want covers your vehicle as an Uber or Lyft vehicle before you purchase that extended warranty.