Can Anyone Rent Heavy Equipment?

One of the most critical aspects of staying competitive in the construction business is having the right equipment for the job. When you encounter a one-time project requiring a specific machine model, renting allows you to access the necessary tools without making a long-term monetary commitment. Depending on the circumstance, equipment rentals offer many advantages over buying, including fast delivery, less money down and the peace of mind of not worrying about repair or maintenance costs.

Before securing an equipment rental, you should consider several critical points, whether you work for yourself or a multimillion-dollar construction company. Many rental companies require specific credentials to access their machinery, from possessing the correct operator licensing to having sufficient insurance. Learn more about these requirements and discover valuable advice on making your rental experience quick and seamless.

Requirements for Renting Heavy Equipment

The rental process can be particularly challenging if you're a first-time renter. Preparation before contacting the rental company can speed up the time frame and allow you to tackle your job responsibilities quickly. Three of the most critical things that most rental companies require are:

• Insurance: You need insurance for all rentals to protect yourself and the rental company if an accident occurs. If your construction business has an existing insurance policy, you may already have liability coverage for a short-term equipment rental. If you don't have insurance, some providers give you the option of adding it to the agreement when you sign it.
• Operator license: According to the Federal Motor Carrier Safety Administration (FMCSA), all workers operating heavy equipment over 26,000 pounds must possess a Class A commercial driver's license (CDL). In many cases, the renter will require proof of a CDL before finalizing the rental agreement.
• Training: A CDL is not the only operator requirement for renting heavy equipment. The Occupational Safety and Health Administration has rules and regulations for employees performing potentially dangerous activities on the job. If the person operating your rental equipment is unfamiliar with the specific machine type, you must provide the necessary training beforehand.

Other Factors to Consider When Renting Heavy Equipment

Most of the critical information surrounding your contract will be in the company's rental agreement, so thoroughly understanding the document before you sign it is vital. However, addressing these factors beforehand and determining whether a rental company can meet your specific needs can save you significant time. Choosing a reputable rental company you can trust — like The Cat^® Rental Store — is the first step in ensuring the smoothest possible process.

Once you determine the ideal equipment type, the size, attachment needs and how long you require it, some of the final points to discuss with your service provider include:

• Pickup or delivery: One of the most crucial steps is confirming that you have the means to transport your rental. Most established companies offer local delivery. If you take advantage of these services, you'll want to confirm the cost and the delivery range. 
• Equipment condition: Although many reliable companies offer newer models with low hours, you still want to confirm the condition of the machine you're renting. Many dealers will have the equipment's service records showing a history of repairs and service times.
• Repairs and service: Even the newest and most reliable equipment requires service or repair from time to time. Knowing who to contact and how soon they will respond if a breakdown occurs can save you valuable time later.
• Flexible agreements: If your project takes longer than expected, can you extend the rental agreement without needing to return the equipment or restart the process?
• Protection policies: Having the necessary liability insurance is just a starting point. The next step is ensuring you understand what type of protection the rental company offers. Loss damage or limited damage waivers protect you from having to pay for costs resulting from equipment damage or loss.

While companies don't typically charge for damage caused by normal wear and tear, remember that abuse or negligence can lead to additional fees.

How The Cat^® Rental Store Can Help

When you choose The Cat Rental Store for all your heavy equipment rental needs, you'll partner with the industry's unparalleled leader. Our trusted global rental network ensures you'll receive a state-of-the-art machine that puts you miles ahead of the competition. Our professionals can help you determine the perfect tool for the job while offering you a flexible contract that meets your budget and time frame.

Connect With The Cat Rental Store Experts Today

If you're interested in learning more about the specific rental services we offer and how they can benefit your business, our expert team can help. We'll stand by your side and answer all your questions throughout the rental contract. Call us today at 1-800-RENT-CAT or find a location near you to learn more.