Credit hire and accident replacement
Let me tell us first about what is Credit-hire, it is a service set up to defend drivers who are innocent sufferers of non-fault accidents - either from the "at-fault" party's insurance company or indeed from their own.
Accident-Replacement suggests this service and happily provide accident replacement vehicles to their clients allowing them to continue with their day to day production. Rental charges are healthier from the "at fault" party. Accident-Replacement can offer a full range of vehicles including PCO’s Taxis, Personal Vehicles.
Accident replacement follow the GTA or General Terms of Agreement, which is an agreement which has been reached between credit-hire companies and the insurance industry whereby daily hire rates are agreed under the Association of British Insurers' General Tariff Agreement. Under this accord the "at-fault" party's insurer is invoiced for car-hire at the settled daily hire rates and the bill is settled directly.
Any claim for car-hire charge can only be made against the "at fault" party in a non-fault accident where:
- There has been a loss (the replacement car has to have been hired and not be a 'free' courtesy car)
- The claim is made by the person who suffered the loss
- Any replacement car is needed
When renting an accident replacement vehicle on credit-hire from the client will be asked to sign a credit-hire agreement that clearly lays out the terms of hire, the charges and the period of credit. Please contact us to discuss this further all advice is free. Credit hire is not a service which many organizations are not providing to the best of their abilities, nor are they educating the parties involved on what their rights are. We aim to change that by being ethical, upfront and sincere.
For credit hire accident replacement log on to: http://www.accident-replacement.co.uk