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FedEx Discussions
Know this is funny time to investigate
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<blockquote data-quote="bbsam" data-source="post: 793619" data-attributes="member: 22662"><p>It is illegal as far as tax law goes, but does not open the contractor to any personal reliability other than the workman's comp that the contractor carries. That insurance is paid as a percentage of the weekly settlement check based also on the number of vehicles the contractor has insured. Pretty expensive stuff. For instance: I own 10 trucks, but only use 8 on a daily basis. The w/c insurance is paid as if all 10 vehicles ran every day. In fact, I would get a better deal on the insurance if I had helpers in every truck because 16 would be insured rather than only eight.</p></blockquote><p></p>
[QUOTE="bbsam, post: 793619, member: 22662"] It is illegal as far as tax law goes, but does not open the contractor to any personal reliability other than the workman's comp that the contractor carries. That insurance is paid as a percentage of the weekly settlement check based also on the number of vehicles the contractor has insured. Pretty expensive stuff. For instance: I own 10 trucks, but only use 8 on a daily basis. The w/c insurance is paid as if all 10 vehicles ran every day. In fact, I would get a better deal on the insurance if I had helpers in every truck because 16 would be insured rather than only eight. [/QUOTE]
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