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In a historic ruling for the car rental industry, the Court holds that ‘PurCo is entitled to recover loss-of-use damages irrespective of actual lost profits.’
Read More →Roger Van Horn, vice president for corporate loss control at Enterprise Holdings, addressed a column by consumer advocate Chris Elliott on loss of use. Van Horn emphasizes that a rental agency is compensated for loss of use, not loss of revenue, while a vehicle is out of service.
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A Colorado Appellate Court clears the way for recovery of loss of use damages and administrative fees.
Read More →A Florida Supreme Court case regarding damaged underground telephone cables threatens to rewrite some state laws and run roughshod over car rental loss of use claims.
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At about one-fourth the cost of traditional dent removal at a body shop, on-site paintless dent removal (PDR) puts a vehicle back into service quicker and ups a turnback vehicle’s value in the auction lane.
Read More →Are losses like diminution of value and administrative costs pummeling your bottom line? Stop compromising. It’s time to raise the bar for risk management and loss recovery.
Read More →It’s common to encounter resistance when pursuing loss-of-use. But there are steps you can take to help keep your customer’s loyalty.
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