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Credit Hire Insurance
Credit Hire Insurance, also known as courtesy car cover, insures vehicles to be hired out on a 'credit' basis to the non-fault party in the event of an accident. The cost of this hire is then claimed back from the third party who is believed to be at fault in the accident.
If you run a Credit Hire business, you will have a fleet of vehicles available to be hired out to any party involved in a non-fault accident. As part of arranging the 'credit hire' of these vehicles, each party and vehicle will be required to be insured for the duration of the hire period which is where credit hire insurance comes in.
Credit Hire vehicles can also be used for any purpose by the hirer with the appropriate permissions (i.e. for social, domestic & pleasure use, own business use/commercial travelling (sales rep) or for taxi use - as long as the insurance policy wording accommodates this).
Bluedrop's credit hire insurance allows for additional flexibility compared to standard fleet insurance, as well as addressing the risks associated with the credit hire business. Our policy also covers prestige vehicles and private hire taxi replacement insurance.
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Our credit hire insurance includes...
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Features and benefits:
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Any geographical area
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Any occupation
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Any use
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We can offer a true any driver policy including young drivers
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Mix of any vehicles i.e. vans, cars & trucks on the same policy
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All vehicles quoted for including prestige and plated vehicles
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As insurance specialists we offer:
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Fast & efficient documentation issuing
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Fast turnaround quotation process
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Flexible payment terms
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Fleet management advice
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24hr claims service
Additional cover options are available on request.
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