Protect Rental Equipment and Make Renting Easier ADI Agency

Protect Rental Equipment and Make Renting Easier

Protect Rental Equipment and Make Renting Easier For many heavy equipment dealerships, rentals are an important revenue stream. Protecting your rental fleet is crucial, but once a machine heads off property with a customer (or you drop it off at their jobsite), how can you keep the protection going? Your business insurance does not cover Read more about Protect Rental Equipment and Make Renting Easier[…]

Equipment Rental Revenues Grow As Rental Penetration Continues To Climb-01

Equipment Rental Revenues Grow As Rentals Continues To Climb

Equipment Rental Revenues Grow As Rental Penetration Continues To Climb As the economy continues to pick up across construction, industrial and consumer categories, equipment rental – and rental revenues — continue their upward advance as well. This positive trend is expected to continue at least through 2019, according to the American Rental Association (ARA). The Read more about Equipment Rental Revenues Grow As Rentals Continues To Climb[…]

U.S. Equipment Rental Continues To Grow to $51 Billion in 2018. Prepare for Increase with Insurance Coverage for Construction Equipment

U.S. Equipment Rental Continues To Grow to $51 Billion in 2018. Prepare for Increase With Insurance Coverage for Construction Equipment In a blog post a little while back, we talked about growth in the equipment rental market. Now the American Rental Association (ARA) is projecting even greater growth, suggesting total U.S. equipment rental revenue will be Read more about U.S. Equipment Rental Continues To Grow to $51 Billion in 2018. Prepare for Increase with Insurance Coverage for Construction Equipment[…]

Risk Management Strategies for your Construction Rental Fleet

Risk Management Strategies for your Construction Rental Fleet Construction equipment insurance is a must if you are a contractor or work in the construction field, but what if you are a dealership with a large inventory of rental equipment? With a large inventory of machines, tools, attachments and other equipment, repairs could be extremely costly. It Read more about Risk Management Strategies for your Construction Rental Fleet[…]

How LDWs Increase Rental Income for Equipment Dealers

Why LDWs Increase Rental Income for Construction Equipment Dealers The construction equipment marketplace is extremely competitive, especially with the recent downturn in the economy. Every dealer is trying their hardest to get the rental which is making it very difficult to generate a profit. The dealers are almost giving away rentals in order to steal Read more about How LDWs Increase Rental Income for Equipment Dealers[…]

How Construction Equipment Dealers Can Generate More Rental Income

How Construction Equipment Dealers Can Generate More Rental Income

How Construction Equipment Dealers Can Generate More Rental Income Loss Damage Waivers or “rental insurance” is mandatory on every piece of equipment that you rent. There are two typical ways Construction Dealer rents their equipment in today’s market. The first way is the dealer collects a rental certificate from their customer. In this process the customer has to Read more about How Construction Equipment Dealers Can Generate More Rental Income[…]

Loss Damage Waivers | Insurance At Work | ADI Agency

How Loss Damage Waivers Can Benefit Your Dealership

How Loss Damage Waivers Can Benefit Your Dealership What is Loss Damage Waivers or LDWs? Loss Damage Waiver (LDW) is a promise by a dealer or rental company to NOT pursue collection or suit against the renter in the event equipment that is rented is damaged or destroyed.  Though it works similarly to the offering Read more about How Loss Damage Waivers Can Benefit Your Dealership[…]