Cool, this is helpful af. I'm trying to get my feet wet in this business so appreciate the info

@PartyRentalKnowledge

2 жыл бұрын

Deff check out the fb group as well as sign up for the newsletter by texting hey to (716) 451-2911. It's free and has tons of deals and information each month that we will text straight to your phone.

Appreciate both of you! Hoping to start a business of it. Definitely wasn’t aware of this stuff which I’m grateful so I’m ahead of the game 🙏🏽

@PartyRentalKnowledge

8 ай бұрын

did you end up starting? Where ya from and what new content would you love to see?

Cool! it's helpful!

Thx for this awesome information I want to start a rental bounce house so this makes me rethink before I start this business thx 🙏

@PartyRentalKnowledge

3 жыл бұрын

Do it right if you're going to do it

@PartyRentalKnowledge

2 жыл бұрын

This is a global channel and this is about USA based insurance

Is there a number I could call for the insurance

Now if i rent a waterslide, someone twists their ankle walking from the patio to the inside of the house. But they decide to say it was twisted climbing up the ladder of the waterslide. I mean I'm all for being responsible for someone getting hurt on my equipment, but there are plenty of ppl out there that would do this. I mean should I take them at their word and just be willing to pony up money? Ik its insurance money, but I'd b paying for it. There's really no way to know for sure someone got hurt on my equipment. Also, would it be a good idea to have a line where the customer signs saying no one was hurt?

@PartyRentalKnowledge

2 жыл бұрын

There is follow up questionares you can ask to help document stuff like that but I'm not an insurance agent and this is best answered by them for multiple reasons!

Hi I plan on buying one bounce to start with. When I get liability insurance do they provide the waiver for customers to sign? Or where and how do I go about creating a waiver?

@PartyRentalKnowledge

2 жыл бұрын

Insurance agents usually have an example and list of things the contract must have. Every agent is different do asking them is best bet. I'm not an insurance agent so I can't specifically answer

@joelcastillo2616

5 ай бұрын

Did you buy the bounce house insurance too expensive just for one????

Been going for over 10 yrs, but now insurance companies have been closing down here in Australia, can you suggest one please?

@PartyRentalKnowledge

2 жыл бұрын

Idk anyone in Australia but if you contact bounce castle network they might know. They have tons of clients in Australia

Hello, I just called yesterday after seeing this video. I just started last year it’s still my side hustle rent a few times a year. I was was trying to get a quote but they said they don’t have anything under $10,000 dollars.

@PartyRentalKnowledge

2 жыл бұрын

What do you own? That dosnt sound right at all. Join the Facebook group and post this and I'm sure Alex will respond today if not this weekend

@Mduran530

2 жыл бұрын

I started my bounce house business. Okay I will thank you!

@Crystal_Nicolle_Smith

Ай бұрын

They did the same thing to me

Can I create a contact or waiver for customers to sign stating they are responsible for the safety of everyone if it is on their private property or do I have to get insured anyway?

@PartyRentalKnowledge

Жыл бұрын

you want to do both tbh! but always consult your lawyer and insurance agent for insurance questions. Join the facebook group for free advice and others contracts to look at!

What companies do you suggest for insurance?

@PartyRentalKnowledge

3 жыл бұрын

Cossio or the friedman group or zodiac or ARA

Can you use the insurance bill for the jumpers as a tax write off ?

@PartyRentalKnowledge

Жыл бұрын

talk to an certified accountant for that type of advice because i'm not but i do. idk about you or your state and area tho!

Does Cossio provide a rental agreement?

@PartyRentalKnowledge

3 жыл бұрын

they have a template they let u use i would definitely add to it and show it to a local lawyer

What about doing a waiver and set up an LLC

@PartyRentalKnowledge

Жыл бұрын

yes you need to do that as well!

So you need multiple coverage's for random events or is this a ploy to get a sale for people to go with your insurance just like car insurance or warranties? What if we don't care about their medical bills if they didn't follow the rules and they happened to get injured "accidentally?" Why do we want to cover them out of the goodness of our hearts just because we have accident coverage and continue doing business with these people if parents could potentially harm their kids just for a payout? What do we need, to just cover the business and potential legal needs for the business if people are suing for no real reason or fake accidents? If the set up of the bounce house was correct and the bounce house was inspected by a pro how would the company be negligent? I thought a basic insurance premium would cover all that?

What’s a best software to keep inflatables business on track ?

@PartyRentalKnowledge

2 жыл бұрын

I use ers but I'd check out inflatable office and bcn as well. They all have their percs

What if I made them sign a waiver for no liability on me if injury occurs?

@PartyRentalKnowledge

8 ай бұрын

talk to an agent and lawyer! Where ya from and what new content would you love to see?

do you cover massachusetts area

@PartyRentalKnowledge

Ай бұрын

call them direct for insurance questions!

What do I need to start a bouncy house rental in texas? Do I need to make this into a business or no?

@PartyRentalKnowledge

Жыл бұрын

I recommend you do it legally to protect yourself and your assetts. Best bet is to contact a lawyer and CPA But as for running thw business you found the right channel to help you grow

@nickolas3750

Жыл бұрын

@@PartyRentalKnowledge even if I do this as a side hustle?

@PartyRentalKnowledge

Жыл бұрын

Yes

@rentalsetup-makearentalequ6427

Жыл бұрын

It's hard to advise someone to start a business that collects money without notifying your local government because it's illegal to run a business without a DBA or LLC etc. The risk is on you.

Cossio isn’t insuring bounce houses at all anymore. Who can I go to?

@PartyRentalKnowledge

2 жыл бұрын

Who said this?

@alexcossio9984

2 жыл бұрын

That is not correct. We still insure bounce houses.

@PartyRentalKnowledge

2 жыл бұрын

I thought so. Ty for clarity alex 🥳

@juju0105090

2 жыл бұрын

@@alexcossio9984 I submitted an app for one bouncer and someone named Shay says you all do not have a market for that at this time. Can I email you about this?

@juju0105090

2 жыл бұрын

I’d be happy to send a screen shot. Not sure if it’s where I live or what. 😔

The average home owners not gonna go the sue route . Seems like a waste of money

@PartyRentalKnowledge

3 жыл бұрын

Your joking right. Please don't joke about insurance

@Spheckle

2 жыл бұрын

lmao........

@susancross8571

2 жыл бұрын

There are plenty of LESS than average home owners who would absolutely go this route. It would be crazy to take that chance. You really dont know anything about your customers just from a couple of conversations with them.

Lol...is the business even profitable, now. 😆

@PartyRentalKnowledge

2 жыл бұрын

Made 165k this year and most people in the industry actually had record breaking years this year! People are staying home and partying instead of going out!

Seems to me like the more money you make the insurance just wants a bigger chunk I don't know am I stupid or does it sound like this guy's just a crook or the layout of the fees anyway....

I need his number

@PartyRentalKnowledge

Ай бұрын

Have you seen our free Facebook group for new operators?