New Business? Need Insurance? | Must Watch Video | Party Rental Mafia

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  • čas přidán 7. 07. 2024
  • Welcome! Party Rental Mafia is the best channel to be a part of for ANYONE interested in getting into or already involved in the Party Rental Industry. No matter your position or job description. If you want to learn the best how-to, step-by-step practices, tips, tricks, strategies to grow and take your Party Rental business to the next level to make more money in your business TODAY!!! So you can achieve your financial goals... Then this channel is for you. SUBSCRIBE NOW!!!
    Disclaimer: I am not a insurance agent
    In this video I'll be sharing my experience obtaining insurance. As well as giving tips for obtaining insurance for your bounce house or photo booth business. #2022 #bouncehouse #partyrental #party #inflatable #inflatables #photobooth #insurance #startingabusiness #business2022 #startingabusinessin2022 #equipmentrental #partyequipmentrental
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Komentáře • 49

  • @joserivera1814
    @joserivera1814 Před 2 lety +40

    Man great video, I couldn't hear what you said from min 5:31-6:05 for some reason the music got louder and couldn't get the info. Thank you for all the help!

  • @vlallen4888
    @vlallen4888 Před 2 lety +2

    I’m starting my own business and bounce house and other party rentals this was ridiculously helpful And I really appreciate you making this video

  • @MichaelCGatesMusic
    @MichaelCGatesMusic Před 2 lety +8

    I am in process of getting insurance. General Liability 1m and 2m total, but I was told that does NOT cover anyone that gets hurt on our equipment. That only protects us in case we get hurt. It's ridiculously expensive for what we're told to get, to the point where it just eats up the profits unless I get 48 more houses! And they charge per house. Thanks for listing the companies. I'm going to contact them as well.

  • @FriedmanMkting
    @FriedmanMkting Před 2 lety +7

    Hello CZcams Watchers - Friedman Associates Insurance here. We have insured bounce house businesses, but only do so in Virginia. If you are not in Virginia call an Independent Insurance Agent in your area.
    Here in Virginia minimum premium is around $5000. a year, so if you are intending on doing this part-time then consider how much you might make, or reconsider starting such a business.

  • @samanthaestrada4057
    @samanthaestrada4057 Před 2 lety

    Answered so many questions, Thank you!!

  • @queenbee8144
    @queenbee8144 Před 2 lety +2

    Thanks...we have been having major problems getting insurance

  • @allieblint1943
    @allieblint1943 Před 2 lety +1

    I’m 20 years old and I’m looking into starting my own bounce house rental business and your videos are helping me tremendously! Thank you

    • @partyrentalmafia
      @partyrentalmafia  Před 2 lety +1

      I wish I would’ve started at 20 that’s awesome. Glad the videos are helping

  • @jessicaviti8586
    @jessicaviti8586 Před rokem

    Information is great ! We just became an LLC. And can’t wait to move forward !!!!

  • @Mduran530
    @Mduran530 Před 2 lety +1

    Great vid

  • @JuanAyala-ut6zh
    @JuanAyala-ut6zh Před rokem

    Great video, thanks for sharing. Quick question, did you used Friedman associate insurance or Friedman group insurance?

  • @AQUAFUNK
    @AQUAFUNK Před rokem +5

    DAMN THE MUSIC KICKED UP JUST AT THE PART I NEEDED TO KNOW

  • @dylenbalderas
    @dylenbalderas Před rokem

    What is and estimates insurance requirements for starting businesses with a couple units are we looking at the thousands for deposit an monthly ?

  • @intrinsicwizard
    @intrinsicwizard Před 2 lety +4

    few questions. How much is your insurance per year. How did you go about creating a waiver, did you contact a lawyer? who signs the waiver, everyone participating, or one person? How do you accept credit card payments, i understand people can pay through site, but, since payment is due on dropoff do you have a mobile credit card system, if so, which one? also, do you ever use or charge for generators or does everyone always supply their own power?

    • @InvestAndGrow2020
      @InvestAndGrow2020 Před rokem

      You can use ‘Square’ to take payments

    • @KWCarothers
      @KWCarothers Před měsícem

      Great questions just starting out and have similar questions

  • @leonslovie
    @leonslovie Před rokem

    Oh okay
    This is oky

  • @boricua8571
    @boricua8571 Před rokem +2

    Cossio:
    “how much will you make in a year?”
    “I don’t know, a goal will be 4800”
    “Your quote is 5000”
    Inflatable insurance is a joke for small business owners 🤦🏽‍♂️

  • @porter_23
    @porter_23 Před 2 lety

    Thank you very much

  • @DanielDiaz-lh6qd
    @DanielDiaz-lh6qd Před 11 měsíci +1

    Can you have a renter sign a contract saying you won’t be liable for anyone that gets hurt?

  • @vargasallday9858
    @vargasallday9858 Před 2 lety +1

    By chance do you know where to get seasonal insurance? My warm months are May or June till Sept. Any info would be appreciated. I called the companies you listed and they mostly do annual

  • @activelyhealing
    @activelyhealing Před 2 lety

    Have you used jump around party jumpers

  • @K3ller33
    @K3ller33 Před 2 lety +1

    Question: does my business have to registered before I insure my bounce houses ? ( I have my bounce houses and my llc is pending to be approved)

    • @partyrentalmafia
      @partyrentalmafia  Před 2 lety +2

      I would say so. But you should be able to still get the insurance

  • @freedhommepodcast
    @freedhommepodcast Před rokem +1

    Where I'm at the prices are mad high 😭😂🤣🥲🥲🥲🤦🏿‍♂️🤦🏿‍♂️🤦🏿‍♂️

  • @dytashabanks7871
    @dytashabanks7871 Před 2 lety

    So what insurance did You go with .....can u do this vid ova

  • @FlowStatement
    @FlowStatement Před 2 lety +1

    How much would you say it cost to insure a 13x13 jumper

    • @partyrentalmafia
      @partyrentalmafia  Před 2 lety

      We told them all the units we have and they asked what we were projected to make and came up with a rate for us

    • @chrismartin5866
      @chrismartin5866 Před rokem

      .

  • @veronicasaenz8275
    @veronicasaenz8275 Před 2 lety

    how much insurance cost?

    • @partyrentalmafia
      @partyrentalmafia  Před 2 lety

      It depends. Unfortunately I can’t answer that for you. You’ll have to reach out to a insurance company

  • @user-jy8dn8td6g
    @user-jy8dn8td6g Před rokem +1

    When the music kicks in u cant hear what u said.

  • @AlexTheDadLugo
    @AlexTheDadLugo Před 2 lety +1

    What’s the difference between getting a liability agreement signed with your client and getting actual business insurance?

  • @bigblue8986
    @bigblue8986 Před 2 lety

    What are the Facebook group names

    • @partyrentalmafia
      @partyrentalmafia  Před 2 lety +1

      Go to Facebook groups & search for party rental, bounce house, bounce houses, inflatable, inflatables.

  • @leonslovie
    @leonslovie Před rokem

    There also hole. Do robloxplz

  • @jessicaviti8586
    @jessicaviti8586 Před rokem

    Can you give me the name of a Facebook group

    • @partyrentalmafia
      @partyrentalmafia  Před rokem

      Go to Facebook, groups and search bounce houses or party rental groups and plenty will show up