atmbusiness.info » atm insurance http://atmbusiness.info ATM Business Tue, 10 May 2011 13:33:00 +0000 en hourly 1 http://wordpress.org/?v=3.3 Is ATM Insurance Worth It http://atmbusiness.info/2009/07/is-atm-insurance-worth-it/ http://atmbusiness.info/2009/07/is-atm-insurance-worth-it/#comments Thu, 09 Jul 2009 15:18:58 +0000 ATM Business http://atmbusiness.info/?p=21 Continue Reading →

]]> As an atm owner grows, there comes a time when he needs more cash to grow. He’ll try outside investors at first, but many will eventually hit a wall. Combining this with bank funds, brings into question ” Should I be getting insurance on my cash vault”.

The one area that should be looked at is, where does most of your profit come from. If you have 100 machines, and 50% of your revenues come from 10% of your location, then you might want to heavily consider insuring that 10%. Its obvious to say that you shouldnt be insuring machines that are at the low end of your profit margins. Just dont make the mistake of putting a one month cash load on the machine (at least in areas where the risk profile is higher)!

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