You guys ever heard of a risk management fee for insurance?
I was leased onto a company and they used Triumph Insurance. Anyway, they charged me a $1500 deposit for a risk management fee and said it wasn't refundable. I was only leased on about two weeks.
Anyone heard of this? Never heard of this before.
Risk management fee for insurance? What is it?
Discussion in 'Ask An Owner Operator' started by amrogers3, Feb 1, 2021.
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Sounds like the paperwork fee that car dealers charge. Did you ask for an explanation?
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Never heard of it.
A risk management fee...but what's the nature of the risk they manage? For $1500 you deserve an explanation. Did they have anything like that at least mentioned in the lease agreement you signed? If not, I'd have issue with that. -
I had to pay they took it straight out of my check.
Only thing I can say is stay away from Triumph insurance and the company I am leased onto. -
MOBee and GoneButNotForgotten Thank this.
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Almost sounds like one of those magical and phony type of upcharge fees that new car dealerships want to throw on you.
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I'm not sure what to do. How could I dispute this, these guys are scamming me for sure.
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Tine to find a better place to work.
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