We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
Fleet management company FleetEurope has launched a service for daily rental companies that offers protection for light vehicle damage.
Called De-Risk, the service provides cover for minor damage incurred to a rental vehicle up to £500 regardless of who is at fault.
The cover includes damage to the vehicle's bodywork, tyres, alloys and windscreen, as well as replacement keys and misfuelling errors.
FleetEurope said it developed the product - which can be added onto rental accounts for what it is calling a "minimal daily fee" - in response to a 3.9% damage rate in the last 12 months, with seven out of 10 of these claims being valued at £500 or less to repair.
A spokesman for the company claimed it is the first provider to offer such a service.
"Minor damage charges have been a highly contentious issue within the rental industry for many years. For companies that deal directly with rental suppliers, it can become an administrative and financial burden," said Joe Howick, chief operating officer at FleetEurope. "We've developed De-Risk with the aim of addressing these statistics. Our customers will now benefit from reduced damage charges and more time to focus on managing their core business."
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
