paying worker's comp

Discussion in 'Ask An Owner Operator' started by bigguns, Jul 3, 2016.

  1. bigguns

    bigguns Road Train Member

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    I am looking at leasing on to a dump outfit. They want to deduct $185 every week for worker's comp. insurance. I need some thoughts as it doesn't seem right to me. This is new to me and seems like a lot of money over the course of a year. These people are in FL. I am guessing that may make a difference on the answer(s). They have a fleet of their own trucks and they are nice looking trucks.
     
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  3. Bean Jr.

    Bean Jr. Road Train Member

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    $185 seems high. I paid $35 a week in Chicago.

    Will you be running your truck or their truck?
     
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  4. tnevin225

    tnevin225 Road Train Member

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    Mine runs 40.00 a week in IL.
     
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  5. cptdragn

    cptdragn Light Load Member

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    touch base with OOIDA, you can get rates closer to what Bean jr and tnevin225 are paying and should you go somewhere else, you take that with you.
     
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  6. double yellow

    double yellow Road Train Member

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    10% of annual income is roughly what I was quoted for Worker's Comp in California for a truck driver.

    Of course, worker's comp varies dramatically from state to state (CA covers everything, while many states exclude things like injuries from horseplay, injuries that occured at work that could have occurred anywhere, etc).

    And then you have Occupational Accident insurance which is much much cheaper, but not nearly as comprehensive (very limited benefits, many exclusions, etc)
     
    Last edited: Jul 3, 2016
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  7. Old Man

    Old Man Road Train Member

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    109 a week in Oklahoma, some states you can't buy workers comp on yourself. You need to check it out carefully.
     
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  8. spyder7723

    spyder7723 Road Train Member

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    Florida doesn't require it. Tell them to go pound salt and get yourself a cheap occupational accident policy.
     
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  9. bigguns

    bigguns Road Train Member

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    The number deducted struck me as awfully high. My gut tells me they are getting a bigger cut by overcharging for worker's comp. Your answers confirm that. I was going to look and see if Fl. even required comp.Thanks again
     
  10. double yellow

    double yellow Road Train Member

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    It is against the leasing regs for the carrier to require you to use their insurance
     
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  11. x1Heavy

    x1Heavy Road Train Member

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    That is too much for workmans comp which is required of employers. Something else is going on in the shadows.

    I don't know enough about that side of trucking to offer much more opinion or anything. I do follow this thread to see where this goes. 185 is too much each week.
     
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