Best Online Credit Check

I wish to set up a business in the U.S regarding credit hire. Will this work in the U.S legal system and is it viable?

I have disclosed some of the business plan for you to asses.

"Credit-hire is a service set up to protect drivers who are innocent victims of non-fault accidents – either from the "at-fault" party’s insurance company or indeed from their own.

Peoples Claims offer this service and happily provide accident replacement vehicles to their clients allowing them to continue with their day to day business. Rental charges are recovered from the "at fault" party. Peoples Claims can offer a full range of vehicles including PCO’s Taxis, Personal Vehicles.

Peoples Claims can offer a like for like service, meaning we will replace your vehicle with the same vehicle. Mini for a Mini or a Bentley for Bentley Drivers.

Peoples Claims follow the GTA or General Terms of Agreement, which is an agreement which has been reached between credit-hire companies and the insurance industry whereby daily hire rates are agreed under the Association of British Insurers’ General Tariff Agreement. Under this agreement the "at-fault" party’s insurer is invoiced for car-hire at the agreed daily hire rates and the bill is settled directly"

This is a proven standard in U.K law, just wanted to see if it would work in the U.S?
Yes i understand many insurance companies have a "courtesy car" policy written into a full policy, this is not the question that i asked. i already know that courtesy cars are already widely available in the U.S and U.K, what I’m asking is that i have not found 1 company that facilitates this usage, where people DO NOT have a courtesy car. This wouldnt be a courtesy car.

Yes, most of our vehicle insurance policies include such things with full-coverage policies. So yes, it works. And we’ve already got it.

Edit- This is already available. That’s my point. Anyone who wants this coverage, would get it bundled into their insurance in the first place. It would only work if you targeted those people who didn’t have full coverage, AND if you could offer this service cheaper than the insurance companies can. Remember, the people you’re going after have already decided that it’s not worth the money to pay for full coverage, they are only buying insurance because the law says they must have it. I really doubt that you’ll be able to persuade these people that your service is worth it, as they can simply rent a car (we do have quite a few car rental companies) in the unlikely event that they need one. It’s cheaper to rent a car in a rare event than it is to pay a monthly fee, which I assume is part of your business plan.

Also, if you plan to do business in the USA, you need to write your proposals in American English. Americans tend to use words a bit differently than other English speakers, and if we come across a phrase like "daily hire rates" we’re likely to say "Huh? Oh, he must mean rental."

Another thing. Do you plan to actually own this fleet of rental vehicles? If you do, then I advise you to start out in just one state. Take a good look at how big the US is. For instance, my home state, Texas, is over twice as large as the whole of the UK. Europeans are often quite surprised at the scale of the US.