Why It Might Not Be Beneficial For Your Construction Company To Have Their Own Crane

As the owner of a construction company that does a wide variety of different jobs, you might feel as though you should purchase a crane to have on hand at all times. However, after careful consideration, you might find that this may not be the best possible choice for you. Before you commit to purchasing a very expensive construction crane, you are going to want to read through the following points.

You Have To Have A Proper Place To Store It

If your construction company is not one that has one job after another that requires the use of a crane, you will have to find a safe and secure place to store it when it is not in use. This could mean that you are going to have to find a storage location to rent. Then again, you might have to pay for the cost to build another building on your commercial or your own private property so the crane can be kept safe from vandals and from any damage that it could have done from severe weather. Instead of having to spend the money on proper storage, you could skip out on buying your own and rent one from a crane rental company when it is needed for a job. This way, the rental company will be the ones that are going to be responsible for supplying a place to store their cranes when they are not in use.

You Have To Carry Extra Insurance To Cover The Crane

Cranes are very expensive to purchase and your business insurance company knows this. If you own your own crane and something happens where you need to file an insurance claim to have it replaced, they will have to spend a lot of money. This means you need to carry more coverage, which will cost you more money. However, if you decide to simply use a crane rental company when you do have a job that requires one, you will find that they will carry their own insurance for the crane.

You Can Have Someone Else Operate It

If you are not comfortable with having to operate a crane on your own, you will have to trust one of your employees to do it. This means extra training for the employees and you then will not have as many people working on other things, as one is operating the crane. It might just be better to hire a crane rental company that will not only bring a crane out to your job site, but they will provide you with a crane operator that works for them. This way, all of your employees can start to the jobs they were originally hired for.

For more information, talk to a company like Iaconelli Contracting.