At J.T. Bates Insurance Group, we’ve seen some stuff. Such as this excavator in a place it really should not be. We even paid for the damage to this overturned piece of equipment. These are just some of the different types of losses we cover every day. However, submersions and overturns are not the most
Continue reading: The Most Common Equipment Losses Will Surprise You
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
Continue reading: Waiver of Subrogation: What Is It and Why Do You Need It?
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
Continue reading: Increase Rental Revenue With Add-on Sales