Fleet News

Credit hire and repair scheme launched

THE Accident Management Company has launched an extended credit scheme for customers involved in non-fault accidents. Under the new service - titled the Non-Fault Extended Credit Scheme - vehicle repair and alternative transport costs will be borne by the Accident Management Company on behalf of its customers until they can be recovered from the third party insurer.

AMC business development director Paul Rose said credit hire and credit repair services had been a growing force primarily within the retail sector. He said: 'We are looking to bring the best features of the credit industry into the accident management industry and we believe this will bring substantial benefits for customers.'

Rose said advantages for fleets included improved cashflow, like for like replacement vehicles in qualifying cases and a reduced risk of losses not being recovered thanks to the claim being handled by AMC's uninsured loss recovery department.

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