Waiver of Subrogation: What Is It and Why Do You Need It?

At J.T. Bates Insurance Group, we specialize in risk management products specifically developed for equipment dealers and rental houses. Our products help equipment dealers reduce risk and improve profitability while adding value for rental, lease or purchase customers. According to Investopedia.com, “Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a
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Top 10 (Okay, 11) reasons you need Rental Equipment Protection Part 2

In our last post, we covered the first five reasons you need Rental Equipment Protection™ (REP). Read part one of our two-part series here. In this post, we will continue to explore the ways that REP is the best risk management solution for rental equipment. 6 – Competitive Rates. In number five of our 2-part
Continue reading: Top 10 (Okay, 11) reasons you need Rental Equipment Protection Part 2

Top 10 (Okay, 11) Reasons You Need Rental Equipment Protection

Rental Equipment Protection™ (REP) is physical damage coverage while equipment is out on rent. This post is the first of a two-part series that details several of the best reasons for choosing REP over other damage coverages available. 1 – Increases rental profit. We’ll just come out and say it: Rental Equipment Protection™ (REP) from
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5 Things Every Equipment Dealer Needs To Know About Damage Waivers

Damage waiver: an oft-misunderstood but vital component of the equipment rental industry. This blog post will serve to define what damage waiver is, explain how it works, what to expect in terms of coverage, and how to provide a damage waiver to rental customers in a way that will improve profitability for a rental business
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Increase Rental Revenue With Add-on Sales

Good news, equipment rental companies. The American Rental Association (ARA) (http://www.ararental.org/) has released its second quarter outlook, which predicts continued category revenue growth of 5.6 percent in 2016 and 4.9 percent in 2017 in the U.S. The domestic rental segment is expected to top $50 billion within three years. It’s a good business to be in, and
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