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insurance ...not the kind you think

Discussion in 'Commercial Snow Removal' started by csi.northcoast, Dec 1, 2011.

  1. csi.northcoast

    csi.northcoast Senior Member
    Messages: 320

    i was talking to several folks today, in this day and age of customers not paying or paying really slow i think a good idea would be some type of insurance that would pay you if you got burned.....i am sure there would be a lot of stipulations but it might be a nice thing to fall back on ....any thoughts ( no i don't sell insurance) just rambling waitng for it to snow
     
  2. jklawn&Plow

    jklawn&Plow Senior Member
    Messages: 469

    I think mine has a statement , I can collect a few hundred for nonpayment. Fortunately never had to use it.
     
  3. hosenfeffer

    hosenfeffer Senior Member
    from nh
    Messages: 124

    There are companies and people that buy accounts receivables, some good some bad, most charge a high percentage, but if you have a large amount with a corporation and a good written contract and you are tired of chasing them they are good at making life hell for them. Debt collection services are usually at least half and you have to wait till they collect.
     
  4. hoskm01

    hoskm01 Senior Member
    from AZ
    Messages: 475

    A/R insurance is readily available throughout the industry.