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  #21  
Old 11-07-2023, 11:32 AM
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What an idiot.
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  #22  
Old 11-07-2023, 12:45 PM
TimG TimG is offline
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I wonder if the insurance would cover the cost of the vehicle plus the commission paid or just the cost of the vehicle. Being in the insurance business for 43 years makes me wonder about the settlement. It would stink to buy a $100,000 vehicle, pay 10% commission and loose that $10,000 in less than a week.
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Old 11-07-2023, 01:25 PM
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Ya think that Transport driver still works for that company today?
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  #24  
Old 11-07-2023, 03:41 PM
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always think ahead with anything you do in life. work, pleasure, relationships. he shouldve had two chocks to prevent this.
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  #25  
Old 11-07-2023, 04:04 PM
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Quote:
Originally Posted by Mr70 View Post
Ya think that Transport driver still works for that company today?
Might be surprised. Labor laws may protect him from removal, as it was an "accident" and not willful behavior.
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  #26  
Old 11-07-2023, 06:03 PM
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I was wondering about the settlement as well. The insurance lot page lists the value at $111,000, which was the high bid. He paid 5% to BaT and the shipping cost (which I would hope they refunded) plus he may have paid tax and license already.
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  #27  
Old 11-07-2023, 08:56 PM
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Quote:
Originally Posted by tom406 View Post
I was wondering about the settlement as well. The insurance lot page lists the value at $111,000, which was the high bid. He paid 5% to BaT and the shipping cost (which I would hope they refunded) plus he may have paid tax and license already.
The carrier may have had a deductible amount on his insurance to keep the coverage cost lower too, just like we do on our cars. Since the buyer never got to use the car, the carrier will be liable to refund every dollar it cost the buyer. Getting anything beyond what the insurance pays from them may be another story. That's where the lawyers come into play and lawsuits start flying, but with the video proof of the drivers screw up, there should not be a shred of doubt about who is responsible.
Edit, I was just on the carriers website. They are company owned trucks, not leased O/O's. That is a big plus. Also, I copied this from their page...
"Unrivaled $2,000,000 cargo coverage insurance on each of our trucks."
Seems they should have the ability to pay for this in full.
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Last edited by Too Many Projects; 11-07-2023 at 09:02 PM.
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