Do you always know who you’re renting to? This month’s guest says vetting your rental customers is one of the most important things you can do to avoid serious losses from fraud and uninsured contractors.
Jayme Bates, CEO of JT Bates, has over 13 years of experience as an insurance producer and an extensive background in accounting and contracts. Her dedication to the dealers she works with sets her in this industry – join us for a first-hand look at what dealers in the equipment rental business need to prioritize to protect their assets and their business.
This includes a damage waiver – which has important revenue advantages – as well as the all-important management of customer insurance certificates. Listen in as she spells it all out.
Bates also discusses recent claims trends to be away of – including one simple, inexpensive item that should be attached to every piece of heavy machinery you rent. It could make the difference between minor damage and a total loss.