Analysis

GTA chief says greater regional stability needed prior to launching EV credit hire scales

By 2024-11-21T08:00:00

car, laptop, credit hire

Pressure for the General Terms of Agreement to include electric vehicles is increasing, but those behind the scheme say that this inclusion can only come when key issues are resolved

The General Terms of Agreement (GTA) between insurers and credit hire organisations (CHOs) is a voluntary agreement that launched in 1999. It was devised by the ABI to establish credit hire rates that an innocent driver would reasonably be entitled to recover in court following a road traffic accident.

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