New Payment and Protection Options at Riders Share

Mar 15, 2022

Riders Share - Pricing and Protection Options

At Riders Share, our mission since day one has been to create the world's best motorcycle sharing community. To get there, we knew that we'd need to create an ever-growing supply of motorcycles around the country. Motorcycle rentals aren't a one-size-fits-all business. That's why we're excited to announce new Protection & Commission options for Riders Share owners.

We've always known that offering top-tier protection for both owners and renters was paramount. We developed industry-first technology to help screen potential renters. We also partnered with the best insurance agencies to provide world-class protection. With over 25,000 five-star reviews, we're proud to say that these efforts have paid off. 

Now it's time to offer more options to bring even more motorcycles and their owners to Riders Share.

Our Standard option remains in place. Owners still get the same 75 percent profit from each rental, with $30,000 in coverage as they always have before. By default, when a new owner signs up for Riders Share, this is the plan that they will have. 

For owners who want even more protection, we now have a Premium option. The Premium option has the same $30,000 insurance coverage, but Riders Share also covers mechanical repairs that happen during a trip, and loss of income if the motorcycle cannot be used. 

Finally, we're excited to welcome Commercial options to Riders Share. Commercial options allow brick and mortar companies to list their bikes for rent. For renters, this means you now have access to more motorcycles in more places. Commercial listings will always show this message, and they'll include their own insurance terms:

Commercial Listing example - Riders Share

For owners who want to stay with the Standard option, no action is required. If you want to move to the Premium option, you'll need to head to your Listings page, select the listing that you want to change, and then choose which option you prefer under the Protection & Commission section. 

Riders Share has also updated our Terms of Service to reflect these new options. By continuing to use the site and its services, you are agreeing to these changes. 

We've already had some great Commercial partners join, and we're looking forward to bringing even more motorcycles, scooters, and three-wheeled vehicles your way.

That's it for now. Thanks again for being part of Riders Share!