When it comes to auto accidents, a picture may be worth more than just a thousand words; glove box Accident Reporting Kit, complete with camera, introduced at Safety Expo.

DALLAS--(BUSINESS WIRE)--Nov. 6, 1995--A picture is now worth more than a thousand words.

For drivers involved in an automobile accident, photographs of the accident scene and vehicle damage can sometimes mean the difference between receiving claim settlements and receiving nothing. To ensure accurate reporting of accidents and fair and timely processing of claims, PHH Vehicle Management Services today introduced the PHH Accident Reporting Kit for consumers. The Hunt Valley, Md.-based company made the announcement at the National Safety Council Expo held in Dallas.

The comprehensive kit fits easily into any size glove box and includes an easy-to-use Kodak 12-exposure flash camera, driver instructions, witness cards, report forms and pens to provide drivers with everything they need should an accident occur. The kits are available directly to consumers through PHH's toll free customer line [phone] for $25.00.

"Incorrect or incomplete information has been a costly and timely obstacle to efficient accident claims processing," said Peggy Williams, product manager, PHH Vehicle Management Services. "The PHH Accident Reporting Kit helps reduce legal liability and financial exposure by ensuring that all information at the scene of an accident -- visual, physical and witnessed - is recorded properly." This is particularly important, Williams added, in accidents where police are not dispatched to the scene.

The PHH Accident Reporting Kit was originally developed for use by PHH's customers -- the 460,000 drivers whose employers are PHH's clients.

"Safety is one of the top concerns of our corporate clients who operate fleets of company vehicles," said Williams. "The Accident Reporting Kit now provides a level of protection to individual consumers that don't have the resources of a corporation behind them."

"The Accident Reporting Kit is a powerful tool for drivers, particularly those who have been hit by another vehicle," Williams added. "It also helps provide a sense of control in what is often an emotional situation."

PHH Vehicle Management Services is the leading vehicle management services company in North America. It has pioneered the development of vehicle acquisition, resale and management services, including accident and safety programs that provide value-added benefits to their clients. The company manages more than 460,000 vehicles worldwide each year for a variety of clients such as Kodak, Johnson & Johnson, Hewlett Packard, DuPont and Texaco, Inc. It is an operating unit of PHH Corporation (NYSE:PHH), Hunt Valley, Md.

CONTACT: Kerr Kelly Thompson

Alan Mangelsdorf

203/622-1723, ext. 308

or

NSC Expo, Booth 659