Insurers liable for loss of credit hire rental income, rules Supreme Court

Car crash

The Supreme Court has ruled that insurers are liable to pay for loss of rental income when credit hire vehicles are taken off the road by traffic accidents.

The ruling came in the appeal of the case of Armstead v RSA to the UK’s highest court. Although the sum at stake was only £1560, the judgment in the case – handed down earlier this week - has sector

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