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IMPORTANT MESSAGE: Until further notice, auctions are online bidding only due to COVID-19. Limited onsite inspections allowed. Learn more.

GPS Systems Help Bucket Trucks in Storm Response

When global positioning systems (GPS technology) came to the forefront of new business tools several years ago, they were expensive accessories. In the last decade, the price has come down and this helpful tool can now be acquired for a relatively low price. Its affordability allows many people to purchase one for monitoring bucket trucks!  One of the most beneficial uses within utility and contractor fleets is in Tornado, Hurricane, Ice and other Storm Response.

Bucket Trucks & Storm Response

When disaster strikes as it did recently with Tornados in Oklahoma, utility companies from all across the nation deploy their crews and equipment in an effort to help restore power and communication as soon as possible.  It’s common for thousands of personnel and equipment items to converge on am area within 24 hours. With all that labor and equipment available, in an area unfamiliar to the workers it is incredibly helpful to have GPS systems on hand to effectively send help where it is needed desperately.  In many cases the GPS systems allow dispatchers to be updated as soon as a crew has restored power to an address, and they can be routed to the next location based on knowing where the crew is and where the next and closest customer is located. A GPS is a system based on a network of satellites orbiting the earth.  Originally placed there by the United States Department of Defense for military use. The helpfulness was soon discovered by civilians and the use of these satellites has become a standard, ever since.
  • Find Your Location – There are circumstances when fleets are deployed to unfamiliar places that vehicles operators don’t know. Having a GPS in bucket trucks will help find a work site more quickly and safely. The GPS device can show the exact the location of the destination, making travel faster and more convenient so that less time will be spent finding the location than working at it.
  • Fuel Savings – Imagine that a driver with all the equipment has become lost. In the past, it would require turning around and going back to ask the dispatcher for more detailed directions. All these efforts to find a work site can consume a lot of fuel. A GPS device would be very handy and effective to get users to the right
  • Avoid Traffic – Responding to dispatch and roaming around a city may not be that easy, especially if becoming trapped in the middle of a traffic jam. Most devices now have a feature that provides traffic updates and can even offer alternative routes if traffic congestion is noted in the upcoming route, which would obviously save time otherwise lost sitting in backed-up traffic.
  • Monitoring – Checking on the status of a crew deployed a distance away is generally based on radio communications and then paper reports when the fleet comes back from the work site, although it never was an assurance of the facts surrounding being delayed in reaching a work site. A GPS device cannot guarantee the level of employee efficiency at an assignment; however, it can guarantee a crew’s arriving with the equipment. When workers know they are being tracked, they are more likely to follow company policies.
  • Safety- Having a GPS system installed in bucket trucks assures safety, since drivers do not have to worry about getting lost and can pay more attention to traffic and the route.
GPS, with all its benefits, and bucket trucks go hand-in-hand in creating a more efficiently run company. So do not waste any more time and invest in these time and cost-saving tools to leverage them and improve the level of service you can provide, as well as improve your profitability. The next time attending a utility equipment auction, consider having a GPS installed on the bucket trucks you purchased. You have options, and purchasing a bucket truck does not have to be intimidating. Knowing what to focus on and which things to look for can help you make an informed decision. Contact us and we will be glad to discuss your options.

How to Find Well-maintained Used Cars & Trucks For Sale

Buying well maintained used cars and trucks to buy does not have to mean spending a ton of money. With the economy still trying to rebound, many buyers are still cautious.  You have another option – buying used cars, trucks and more for sale at a public auction.

Where Do I Find Well Maintained Used Cars & Trucks For Sale?

A chief concern of most buyers is knowing that they have access to well maintained equipment.  So, consider this – most fleet vehicles within large companies are maintained on tight schedules, where fluids are changed, drive trains are cared for, and preventative maintenance is a high priority for the operators who count on those vehicles to get their job done, every day.  Company garages are full of people and parts all dedicated to keeping the fleet in good running order. Many times you find utility company and government fleet vehicles in good condition because those fleets need to be able to count on the equipment day in and day out. Many times, those sellers place reliable used cars in the auction.  Breakdowns are not only an inconvenience, they can be seen as a hazard for those fleets; because in times of need their customers and citizens count on fast response to be delivered to the community. Despite the fact that some of these vehicles’ lifespan has been taken by the previous owner, many of the items you find at auction still have a lot of life left in them.

Buy Fleet Vehicles

Knowing about the previous owner of the vehicle and something about how the equipment was likely maintained is valuable information.  Odds are that any vehicles that come from a reputable company’s fleet will likely be well-maintained due to that strict maintenance schedule.  Ask us.  We’re glad to tell you who the seller is, as well as any other information we happen to have, if it will be of value to you. Some fleet vehicles are also sold into the secondary market with good useable mileage remaining.  Businesses sometimes prefer to keep their company vehicles as new as possible in order to reduce their own maintenance costs and increase the reliability of their fleet.  Shorter fleet life-cycles allow auction-buyers access to good, used cars, equipment and vehicles with a large portion of their service remaining.  These can surely be bought at a much lower price than a new car or equipment piece would cost.

Buy a Reliable Brand – Where Parts are Easily Accessible

Choosing the right brand is an important factor to consider. No two manufacturers are alike in terms of quality; so the brand that is chosen should be well-known for its reliability. The availability of replacement parts and authorized service centers should also be part of the decision as to which brand to choose. Parts and authorized technicians should be readily available locally in case the truck breaks down; this will avoid long down-times and loss of revenue. Buying good used equipment does not have to become an expensive prospect. Purchasing from a Public Auction is one way to buy what you need without paying for a brand new item.

Inspect the Item Carefully – Ask Us for Help, If You Need It

Auction buyers need to carefully look over the items before placing a bid, and a reputable auction company should be willing to help them.  We’re here to help.  Ask us, if you need our assistance. Our auction process is open and transparent.  Let us help you get the most out of the auction on sale day. You have options, but purchasing a good used car or truck, or even a used bucket truck for sale at J.J. Kane auctions is easy. To learn helpful tips, download our Buyer’s Guide or view our Car & Truck Buyers Guide on YouTube. Have questions? Contact us; we are glad to help.

Important Aspects of Boom Truck Fleet Operations

Managers of boom truck (crane truck) fleets are continuously facing challenges that include: cost management, unpredictable fuel costs, operator safety, and green mandate implementation. Learning more about these major challenges can help managers address these issues efficiently.

Factors Affecting Boom Truck – Crane Truck Fleet Operations and Management

  • Cost Management – Fleet managers are constantly looking for ways to reduce boom truck costs. This pressure to save money has been persistent over the years as costs have risen but are typically offset by the resale value. A weak economy across the globe has put pressure on personnel to wisely manage spending. Added to these issues are continuously increasing fuel prices and equipment costs. Manufacturers have responded by offering vehicles with improved diesel efficiency; however, those new models come with an increased price. There are other ways to keep up with equipment and reduce overall expenditures.
  • Fuel Economy – Most corporate budgets include a variable cost of fuel in response to the big challenge faced by many companies. Managers have chosen high-mileage trucks, addressed driver behavior, and paid closer attention to fuel card velocity reports. Even doing this, many businesses are still having a hard time in balancing their budget due to the continually changing fuel prices. There are initiatives being taken for saving fuel, such as expanding the idle reduction policy, limiting the top speed , monitoring tire pressure, and reduction in fleet size.
  • Operator Safety – Safety includes reducing the rate of preventable road and work site accidents, liability costs and downtime for repairs. When accident rates are lowered, insurance costs are directly affected and will decrease. Most fleet managers are dedicating a large percentage of time to safety and programs that work for the safety of operators and crew. Another innovative approach that can be adopted is the “Motor Vehicle Record” (MVR) program, which has proven to work effectively in many big fleet companies.
  • Green Mandates – Even with a slow-paced economy, the initiative for sustainability and environmental attention receives strong support from numerous companies. Many big fleet owners are shifting from using six-cylinder to four-cylinder engines and incorporating hybrid models into fleet inventories. While sufficient capital is one of the biggest issues in implementing green mandates, acquiring these vehicles from second-hand dealers such as auction houses will eventually provide an acceptable return on investment. This would allow a business to purchase low-cost vehicles while still enjoying the same efficiency, safety and productivity.

Where to Learn More About Fleet Improvements and Strategies

Facing such boom truck fleet challenges by introducing fresh strategies, persevering to adapt new technology, and adopting new tactics will help companies stay productive and able to face any obstacles that may arise. Consider options like the National Association of Fleet Administrators (NAFA) as a source of the latest information and strategies, to help you get the most from your time, and fleet. You have options, but purchasing a used boom truck for sale or any other items at J.J. Kane auctions is easy. Our auction process is open and transparent.  Let us help you get the most out of the auction on sale day.

Keep Your Bucket Truck Working This Winter!

Keep Your Bucket Truck Working This Winter A bucket truck sometimes endures harsh elements during the winter season. Below zero temperatures and slippery roads are only a few of the challenges a bucket truck owner may face. Many of the problems bucket trucks can experience in the winter are associated with the chassis: the battery, engine oil, spark plugs, bad thermostats and door locks. Extra precaution should be taken when operating a bucket truck in cold climates during the winter, always following procedures in the operator’s manual. Check these areas, to help avoid equipment trouble:
  • Hydraulic Equipment – Hydraulic unit and bucket truck accessories that should be monitored during winter temperatures include: the unit’s hydraulic system, control panels, bearings, lines and fittings. Many units have electronic “over-stow” switches which can remain engaged when ice is present and prevent the boom from functioning properly.  How water and a rubber mallet can help free up the switch and get the boom back in action.  Insure proper maintenance and lubrication of your bucket truck to keep it in top condition for years to come.
  • Tire Condition – Tires should be carefully monitored for any wear they may accrue during freezing temperatures. Traveling on tires with less than 3/32nd of tread is not recommended. If your truck is driven frequently in these conditions, replacing worn tires should be a priority. Snow chains are also useful for added stability on the road.
  • Tire Pressure – Before taking a trip, tires need to be checked for proper inflation. Changes in temperature cause the tire pressure to increase and decrease. Check with your tire manufacturer to get the recommended operating pressure levels for the conditions in which you will be driving. Both under-inflated and over-inflated tires will affect handling ability and fuel efficiency.
  • Windshield Wipers and Fluid – Clear visibility is very important during colder weather. Check wiper blades for damage and replace them with new blades if needed. Windshield washer fluid with de-icing capability is necessary and needs to be kept full. This will help increase your visibility when precipitation is falling as well as prevent the wipers from freezing during sub-zero weather.
  • Vehicle Body – Ice, rocks and road salt can damage the exterior paint of the bucket truck which can lead to corrosion. A coat of “winter wax” can help preserve the paint. Wash the bucket truck frequently during the winter to remove any corrosive materials that can get stuck on the truck from roadways.
  • Door Lock Lubrication – Locks can freeze during frigid temperatures. Lubricating the hood latch, door and any other locks is necessary to help prevent sticking. Apply lubricants to prevent ice forming and to keep the locks working freely.
  • Batteries – Most batteries are rated to a certain sub-zero temperature. Know the temperature for which the battery is rated and be prepared to take additional precautions if traveling in temperatures below that limit. Make sure the battery is in proper working condition with clean, non-corroded terminals to protect against any starting problems.
If your equipment is showing it’s age, and you need to get into newer, more reliable items, consider our auctions as a source to buy directly from the owner. We offer a great way to buy a bucket truck.  You can bid in person or online. Would you like some tips on buying at an auction? Download our Buyer’s Guide. Have questions? Contact us; we are glad to help answer your questions.

Liquidation Sale – Selling Surplus Assets Through Public Auctions

Having an effective plan and process for any company liquidating assets is crucial. For those companies who plan to close the doors, a liquidation sale is commonly used to recover capital and avoid further monetary losses. Unfortunately some assets, such as heavy equipment, are difficult to liquidate and can quickly depreciate. Without a solid plan and a quick means of disposal, much of the value can be lost before being sold. In such a dilemma, a heavy equipment auction is often the best way to effectively liquidate these assets.

Liquidation Sale Preparation

Before any equipment assets can be sold in a liquidation sale, the following steps should be taken:
  • Take Inventory – For businesses liquidating a large amount of equipment at various sites, the first step is to create an inventory of assets. This inventory should include documentation relating to each unit: such as proof of ownership, registration, maintenance record, insurance, etc., as this will be required by the auction company.
  • Refurbishing – The next step that can be considered is reconditioning. Although not compulsory, it could potentially increase the machine’s value and draw more interest from buyers. There are different levels of refurbishing depending on how much is spent. As an example, refurbishing may be as simple as a few paint touch-ups to restore faded or chipped paint or as extensive as a complete engine tune-up, brake and tire replacement, etc. Sellers may also opt for a third party service to restore the equipment; however, many times respectable bidding companies offer refurbishing services for a certain fee.  Rely on an experienced company to advise you, as to which items are worth the cost of repairs, to generate higher returns.
  • Marketing – Marketing is the next step in this process and is the job of the auctioneer.  Auction company personnel would travel to inspect and take photos of the equipment, gather specific details, and assess the vehicle’s condition. Advertising is often the most time-consuming part of this process as the equipment must be advertised to the correct groups of potential buyers. There are various avenues for advertising such as the internet, e-mail, newspaper ads, telemarketing, etc. Adequate time should be set aside for this task in order to attract the largest amount of potential buyers for an equipment auction. This serves to create competition and realize the highest returns.
  • Location – Consider the logistics and other expenses involved. Sometimes equipment must be brought to the auction facilities to be easily inspected by interested buyers. Alternatively, the event may be held at a site where the equipment is located. In some situations, the seller’s best options is to use a combination of available options.  Sell some on auction yards, auction miscellaneous tools and accessories at the seller’s warehouse location, and perhaps move a few unique pieces to an auction yard, to combine with other seller’s items, in a large consolidated sale.  Online bidding is a must, so be sure you only consider auctioneers who have the capability of connecting with the world of internet buyers!
Liquidation sales quickly can be accomplished through a well organized process. The aggressive marketing strategy used, as well as the competitive atmosphere created during liquidation sales, generates the highest returns. Are you interested in selling or in buying through an auction event? Download our Seller’s Guide or our Buyer’s Guide to see some tips and suggestions from us.

Mantis 14010 Crawler Cranes

When first developed, mobile cranes that filled purposes similar to Mantis 14010 crawlers were mounted to train cars and moved about on the railways to complete projects. With the addition of crawler carriers, cranes became more mobile, and able to work in areas that were never before thought possible. These cranes travel on crawler tracks similar to a crawler tractor, but obviously move much more slowly.

Mantis 14010 Crawler Crane Overview

Mantis 14010 crawler cranes are able to move around on site and perform functions with less preparation than truck mounted cranes because the crawler crane is steady on its tracks, making outriggers and cribbing unnecessary. The crawler carrier’s tracks deliver the ability to move and work on softer ground because the tracks help diffuse the weight of the load. Those steel tracks also make the crane much more stable than a crane with rubber tires and help give the crane added lifting capacity. Mantis 14010 crawler cranes are also capable of navigating areas while carrying a load. This function offers workers the capability to move to an area of a job site while carrying a heavy load, often speeding up the overall job process. There are some considerations to keep in mind when considering a crawler crane versus truck mounted cranes (boom trucks).  For instance, because crawler cranes are bulky and heavy, it can take some time to mobilize and transport the equipment to a new job site. Larger crawler cranes that must be moved a great distance are many times disassembled and transported by rail, truck, or barge to a new location.
  • Condition – Crawler cranes have a great number of moving parts and lubrication points, so a careful inspection of the overall carrier and crane is important.  Visible inspection of the unit as well as inspection of the records of the service and maintenance of the crane is important, too.
  • Parts Availability – When buying used equipment it is always important to pick a solid brand and consider its longevity and the accessibility of replacement parts. Avoid buying obsolete equipment that does not have alternative parts because it may lead to long down time if the machine fails. Be sure parts are locally available and that your local mechanic-vendors are capable of making repairs.
Crawler cranes are versatile workhorses, and the Mantis 14010 has made lots of money for the equipment owners who place them in their fleet.  They can be a useful asset for your business, allowing you the stability to carry large loads across a variety of terrain, and get the job done. Looking for mobile cranes, rough terrrain cranes or truck cranes, create your free account and receive notifications of auctions and equipment near you. Have questions? Contact us; we’re glad to help.

New Bucket Truck vs. Used Bucket Truck – Which One Do I Buy?

When you think about it, buying an item in new condition is usually understood to be better than buying a used one. Because new bucket trucks come directly from a company like Altec (manufacturer of new bucket trucks), the buyer expects impeccable quality. There could be an exception to this rule if a business is in the market to buy a bucket truck, especially if equipment cost is the primary concern. The decision to buy either a new bucket truck or used bucket truck has advantages and disadvantages. In order to determine the best bucket truck for a company’s needs, an analysis should be done comparing new and used models in terms of performance, reliability, purchasing cost, operational cost, and technology.

Performance

Performance wise, there is not much difference between a brand new bucket truck and a well-maintained used bucket truck. Bucket trucks are built to be tough and have a long service life. Even a fifteen-year-old used bucket truck can perform as well as a brand new model if it has been regularly maintained and properly operated.

Reliability

Both trucks are pretty much comparable in terms of reliability as long as the used bucket truck has been well maintained. The positive aspect of a new truck is that the buyer can experience the use of its entire service life. That doesn’t mean that just because a truck is brand new, it will not encounter any problems. Although the majority of trucks that come directly from the manufacturer will run without any difficulties for many years, there are some that will break down in the first 30,000 miles. Factory defects do happen, even with trucks. There really is no 100% guarantee that buying a brand new truck will ensure perfect performance throughout its entire serviceable life.

Purchase Cost

When buying a used bucket truck, the most obvious benefit is a lower cost than a new one. When you find a deal on a used bucket truck the cost will sometimes be half or one third as much as the truck’s original price. The reason for the lower cost is due to its depreciation. Normally, the value of the truck drops as much as 30 percent in the first three years and then that declines over the age of the truck.  When buyers opt to buy a used bucket truck, they generally pay a lot less than the original cost.

Repair and Maintenance Cost

Maintenance Cost – There is usually not a significant difference between a new and a used bucket truck in terms of maintenance costs. This is because the maintenance intervals will remain constant whether the truck is new or used. Repair Cost – When considering a used bucket truck, you do need to plan and know where replacement parts can be obtained, before you buy the truck.  There are sources of parts for most bucket trucks, but occasionally there will be a model for which parts are scarce, because the company that made it is no longer in business.  Planning before you buy will take care of this aspect!

Technology

Unless you need the absolute latest technology, like control handles or truck options (like bluetooth or an MP3 player) there’s not a wide gap between the technology of a new and a used bucket truck. The design of a bucket truck 5 to 10 years ago has not changed substantially from the bucket trucks that are designed today.  What you will notice is upgrades and changes  along the lines of working height (bucket trucks are always advancing to greater heights) and operator comfort and efficiency (more ergonomic control handles, in-cab truck accessories, etc).

Whether you need a late-model bucket truck, only 2-3 years old, or you would like one that has more “experience”, as it leaves a fleet, compare your needs and weigh the costs and benefits of buying new versus used equipment.  Some will find that there is not a large difference between a new and a used bucket truck – other than the price.

J.J. Kane Auctioneers sells hundreds of used bucket trucks at public auctions every week.  Our auction sales are located all across the U.S. and you can buy in person or online.  We make it easy to but what you need. Allow us to help you as you weigh your options.   Contact us if we can assist.

Our Process – Selling Surplus Trucks & Equipment With Us

The J.J. Kane auction selling process

With J.J. Kane, you can simply call us and we’ll take care of the rest. The J.J. Kane public auction selling process is simple and straight-forward.

Public Auction Sale Process

  1. You consign your items and provide J.J. Kane with basic info about the truck or equipment.
  2. We can come out and gather the information, take pictures & help you arrange to move your items to an auction yard or you can plan to sell tour items Live Off-Site, remote.
  3. We advertise your items using the latest digital marketing channels and connect to a world of buyers.
  4. We allow buyers to inspect equipment at an auction yard the day before auctions, during a preview day.
  5. We contact previous bidders and promote the event and items.
  6. We sell your vehicle to bidders in a live auction, whether on site or from a Live Off-Site location.
  7. Once your item has sold, we handle the paperwork and the collection of payment from the buyer.
  8. We release the items to the new owners and they take delivery.
  9. Then we send you your check!
Here’s more about what we need from you, the seller, in order to connect your idle equipment, through a public auction sale. The process begins as we collect some information about your items, because the buyers need solid information including:
  • Year, Make, Model
  • Vehicle identification number and/or equipment serial number
  • Engine, transmission and mileage
  • Details about extra features of the equipment
  • Details about the condition of the equipment, including any known defects or problems
  • Photos are an expectation of buyers. We need several good images of each item. More photos is better, so that buyers can see what you are selling them.
Detailed information and photos are important, in order for us to properly advertise items. Our J.J. Kane Apps (to be available soon in the App Store & Google Play) will make it easy to share information and photos, so we can give buyers great details about the items you need to sell, and increase your return. Our selling process is as easy as it gets. If you can think of something we can do to make it easier, tell us and we will work to accommodate your needs. Download our Seller’s Guide for helpful information on how to get the highest return from your retiring and surplus fleet assets.

Public Auction – How to Spot a Good Deal

Buying construction equipment, or cars and trucks at public auction is a great way to save money, especially if you are purchasing expensive equipment or specialized items that will be used infrequently. In order to be a successful auction buyer, you have to know what to look for and how to inspect items, to spot the good deals. Download our Buyers’ Guide to get specifics, but let’s introduce some of the basics. A ‘good deal’ is determined by (you) the buyer.  Something that seems like a good deal in your eyes may not seem attractive to another buyer.  Generally, there are two things that matter to every auction buyer, across the board:
  • Condition of the item
  • Amount paid for the item
In order for a buyer to know they are getting a good deal, they generally expect the equipment (or vehicle) to be road-worthy and that the price they pay at public auction is lower than would have to be paid elsewhere.  Start with these tips:
  • Sort the good from the bad – After your register to bid, inspect the items you plan to bid on. Sort through similar items and make tour picks for your first choice (the one you really want), second choice, third choice, etc.  Make your notes in the auction catalog the auctioneer gives you when you register.  Someone may outbid you on that first, best item.  Being prepared to know which of the remaining ones are worth bidding on and which ones to pass over is critical if you expect to get a deal. A competent mechanic can provide assistance in assessing the overall condition of the vehicles.   Most folks have a friend who might be able to come out and help inspect items.
  • Check the vehicle history – Write down the VIN, and when you are back at your home office or hotel, run a vin check with an online tool such as CARFAX.  Look for any available information to help you sort your choices of similar vehicles.
  • Inspect thoroughly – Nothing surpasses good common sense in spotting vehicles that are not in good shape. Look for excessive wear, particularly on moving components, seats, brake pedals, etc. Check for any leaks coming from the engine and the hydraulic system.
Know what the item is worth, to you – Buyers should decide what the items is worth, to them.   J.J. Kane associates can help help guide you.  Our auctioneers have decades of experience and have sold (combined) millions of items at public auction over many decades. We always estimate the prices we believe things will sell for before each auction, and we are glad to share our estimated values with you.  Just ask.  Then, you can decide what you think the vehicle is worth, to meet your needs.  Once you set a price you are willing to pay, don’t go over it. Stick to your plan and stop bidding at your maximum bid amount.  There are auctions every day of the week. Our public auctions offer you the ability to get great value, as you buy direct from fleet-sellers with lots of surplus!  For helpful tips and information on making the most of your day at the auction, and seeking out great bargains, download our Buyer’s Guide and watch our Buyer Guide videos. Have questions? Contact us and we are glad to help.

Used Bucket Truck Can Be Insured, Inexpensively

The role and function of a used bucket truck in a business should not be taken lightly. The boom, with its attached bucket, is used to lift workers and loads to working height under various operating conditions; the slightest mistake on the part of an operator as well as uncooperative weather could lead to injury. Because of this, every one of these equipment operators must have proper training and insurance in case any type of accident occurs as they perform work.

Insurance Considerations for a Used Bucket Truck

A commercial truck policy is one of the most expensive costs of operators and businesses alike; however, having such a policy is worthwhile in the long run. The peace of mind it gives knowing that any type of liability would be covered should something go wrong to cause an accident is priceless. Finding such risk coverage at a reasonable cost is something that can be accomplished without too much effort.

Costs

The cost of these policies is based upon certain controllable factors that need to be examined prior to purchasing a commercial vehicle policy.
  • Operator Driving Record – An operator with a record of many accidents would cause the insurance to be more costly.
  • Work Performed – Another critical cost factor is the type of job primarily done by the covered business. Using bucket trucks for delicate operations, such as electric line work, would probably cause an increased premium in order to obtain adequate coverage.
  • Company Credit Record – The credit history of a business as well as the personal credit history of the owner will have an impact as well.   Companies with a good history and on good terms with lenders are viewed as financially stable, yielding lower premiums. Likewise, a good personal credit history could indicate an owner in the habit of paying bills on time and will be an advantage.
  • Insurance Company – The choice of insurance provider should also be taken into account when considering cost. Providers offer varying rates in order to remain competitive. Some offer packages with tailor-made options at a lower cost.
Reducing the cost of insurance premiums does not necessarily mean that coverage will be limited. Considering the factors many providers use to determine the premiums, it is relatively easy to establish ways to minimize costs without compromising coverage.
  • Experienced Drivers and Operators – Employees with considerably more experience cost less to insure. Insurance companies know that as drivers who spend more time on the road are likely to become more skilled at handling different situations. For example, braking on an icy road without losing traction is a skill that can only be mastered by spending many hours behind the wheel during winter conditions.
  • Clean Driving History – Hiring operators with a clean driving history is a must. A driver who is very aggressive may be careless behind the wheel and cause an accident; that person is more costly to insure.
  • Good Credit History – It is important to maintain a good credit history both personally and for the business as this has a very large influence on whether a company is considered insurable.
  • Independent Agent – Securing a reliable independent agent who is able to provide multiple quotes from competing carriers can help in reducing expenses. It could provide a better perspective about different coverages as well as premium cost. Determine the level that is appropriate for bucket trucks, such as comprehensive and collision coverage.
Obtaining commercial insurance for a used bucket truck does not have to be overly expensive. As long as a business owner knows what factors could cause a higher premium, such as poor credit scores and bad driving records, insuring such vehicles for a lower premium can be handled inexpensively!

As you look to purchase used equipment and a used bucket truck, knowing what to focus on and which things to look for can help you make an informed decision.  Contact us and we will be glad to help. 

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