Fixed costs of crane ownership

[dmd]

Thanks for all the great info. What about insurance costs?

 

[treevet]

That is just a nice size crano. Look at that tree top beached on the bed. How do you fit anything bigger into that spot? We picked maybe 8 of those size.

That leads to another point...you will need a bigger boat....you will also need a bigger log truck, bigger stump grinder, bigger saws, bigger chip truck...and bigger chipper. Don't want to slow down the production of your crane and crew.

 

[treevet]

You said it. The crane you have in that picture is what I am looking at. Something rear mount, with room to lay to log or two on the bunk. I like the option of jumping off the crane to help with slings, or cut a piece or something. Not that I want to do that all the time, but the option is nice.
I am leaning towards it. I just want to hire one more really good, skilled person to work for me. Then, I will make the move into the crane world.

You have a good handle on it like you do on most stuff. You are def. ready. Don't forget the comm sets...that will make "one really good, skilled person" in no time.

 

[treevet]

Thanks for all the great info. What about insurance costs?

who cares...you just get a couple of quotes ...earn the money...pay the bill. Some will not want to insure crane ops. Move on.

 

[joshua glackin]

I pay 3k annually for crane insurance/pick insurance.


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[ROYCE]

I pay 3k annually for crane insurance/pick insurance.


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WOW, that is cheap. I could pay that in one day! I don't think cranes are really that more expensive than other equipment. I think they get a bad rep. Like TreeVet said, just earn the money!!

 

[pctree]

As I said I was amazed that my insurance was only $2k a year!!! They obviously don't know how much damage we can cause.

 

[TimBr]

And hopefully they never have to find out, and everyone can continue rolling happily along. You with your low rates, and the insurance company, making a profit and seeing no need whatever to raise the rate on a company with zero claims.

 

[treevet]

As I said I was amazed that my insurance was only $2k a year!!! They obviously don't know how much damage we can cause.

 

[CutHighnLetFly]

oh come on vet, thats $1900 MAX right there! (can you hear the sarcasm?)

 

[treevet]

yes

 

[TimBr]

Always wanted a skylight there, anyway.