Vehicle accidents are an everyday occurrence and has become such a part of life. Thus in the event of an accident, where it is your own fault, provided you have paid a premium for a temporary replacement vehicle, you are able to hire a temporary replacement vehicle and where it is not your own fault, you are able to claim the cost of hiring a temporary replacement vehicle from the guilty party or their insurer, this of course with the help of your broker and insurance company.
Now, the insurers does not want us all to know this, as in many instances the insurer of the guilty party stays numb on the cost of hiring a temporary replacement vehicle. This is regarded as consequential loss. With little proof of your reasonable need for a replacement vehicle, speak to your broker or insurer to add this in the recovery of the insurer and your cost.
Why? Why make use of a temporary replacement vehicle or a hired vehicle? Statistics are showing that because our vehicles are becoming more advanced and the parts becoming less regularly available, it just take longer for a vehicle to be repaired. Continue reading