Credit Hire is a service mainly required by drivers, who have been involved in a non-Road Traffic Accident. After an accident if your vehicle is not roadworthy and you require the use of a vehicle, we can provide you a like-for-like replacement vehicle on a credit hire basis until your vehicle is repaired or you have the use of another vehicle. The hire charges are deferred for a period, to allow claim against the at fault drivers insurance to be finalised.
Ideal Car Hire Limited follows the General Terms of Agreement, an agreement which has been reached between Credit hire organisations and insurers whereby the daily hire rates are agreed under the ABI (Association of British Insurers) General Tariff Agreement. Under the agreement the at-fault drivers insurance will be sent the hire invoice who settle the hire invoice directly with us.
When hiring out a replacement vehicle on credit hire basis the client will be required to sign credit hire agreement plainly laying out the terms and conditions, the hire rate and the period of credit