SMARTER BUYERS TIP
Leasing company insurance fees on leased
imaging equipment is an expense you can avoid. |
Take a moment to review your
most recent imaging equipment lease invoice and look for a line item
referencing insurance. In most instances - this is an expense you can avoid. Why? Leasing companies require
insurance coverage for the leased equipment. If they are not provided with
proof of insurance within 30-days of initiating the lease, they incorporate
coverage as a monthly fee. At the time of equipment
delivery RTR Business Products advises our customers to contact their
insurance agent to secure a rider referencing coverage for the leased
equipment and to share this with the leasing company. In addition - the leasing
company provides in their "welcome" packet directions for
confirming insurance coverage. But - all to often this task is overlooked and
unnecessary fees are incurred. In many cases these fees are
over $20 per month. On a 60-month lease your total fees can exceed $1,200. We
agree - that's expensive! Even if you are well into your
lease you can lower your monthly expense by taking action now! Attention to details like this
is another example of how RTR Business Products helps you avoid common
mistakes to reduce the total cost of your imaging equipment and document
management solutions. Want to learn more? Give us a
call - we are here to help you save! BUY SMARTER. SAVE MORE. |