Whether you work in the construction industry and are looking for equipment for an upcoming project, or if you are in any other type of business and are thinking about renting heavy rental equipment for some other purpose, there are a few things that you will need to find out first. Make sure that you check on these things before contacting the equipment rental company to ensure that things go as smoothly as possible.
1. Will Your Business Insurance Cover It?
The rental company that you rent the equipment from should have insurance coverage to protect the equipment itself. However, unless you opt for additional coverage (which the rental company may or may not offer), your employees and property probably will not be covered. Before taking a risk and tackling the project without this coverage -- and before potentially spending the money for expensive coverage through the rental company -- it's smart to check with your own business insurance agent to see if your policy provides this coverage.
2. How Long Will You Realistically Need the Equipment?
It might seem like a good idea to just "wing it" when you rent the equipment, since you might not be sure how long you will need it. However, many companies offer both daily and weekly rates, and you will often pay less per day if you rent by the week. This isn't helpful if you're only going to need the equipment for a day or two, but if you are going to have it for longer than that, you might save money by renting by the week. This is why it's smart to go ahead and really put some thought into how long you'll need the equipment to help you make the right rental choice.
3. How Will You Get it To Your Place of Business?
Another thing to consider is how you will transport the equipment to your place of business. If you have the right equipment to haul it yourself, you may want to do so to save on the delivery fee. If you don't have the right equipment to get the job done, however, you may want to make arrangements with the rental company to have it delivered. This may take time, so it's probably something that you will want to figure out and contact the rental company about at least a few days before you will need the equipment.