What value do accident management companies add to the aftermath of an accident?

Although my experience of accident management companies is limited to using them via a corporate lease plan, I have to say that even then, I question their usefulness. A skip delivery lorry recently drove into my brand new lease car. I phoned my lease company to notify them, and they merely put me straight on to the accident management company, who then arranged for a hire car. After this I dealt with the lease company or hire car company directly. Any insurance or payment issues seemed to be dealt with by the latter two (or, in the case of one dispute, my company's HR division). The only further thing the accident management company seemed to do was organise a garage for me to take the lease car to for repair - which I could have done myself. What value do these "management companies" actually add to the process?

Asked on 13 November 2010 by TG, Barnet

Answered by Honest John
They are money-making car rental operations using a captive market for a compulsory product and I think some are actually owned by the same private equity investors who own many insurance brokers, making sure they get two bites out of the same very juicy cherry.
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