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driver bonds

Discussion in 'Experienced Truckers' Advice' started by aztrucker11, Feb 10, 2011.

Page 2 of 2
  1. Feb 10, 2011 #11
    Bumpy

    Bumpy Road Train Member

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    So bonded...is a synonym for insurance??
     
    Bumpy, Feb 10, 2011
    Bumpy, Feb 10, 2011
    #11
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  3. Feb 10, 2011 #12
    aztrucker11

    aztrucker11 Light Load Member

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    Jan 12, 2011
    surprise,az
    0
    just got this email from KTS

    As you have stated in ur earlier message about being burned... We too have been burned by drivers if a driver has a security deposite it is much more likely they will return the equipment and take care of it. It is a lot like a deposit when you rent an apartment.
     
    aztrucker11, Feb 10, 2011
    aztrucker11, Feb 10, 2011
    #12
  4. Feb 10, 2011 #13
    123456

    123456 Road Train Member

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    Basically an escrow .................
     
    123456, Feb 10, 2011
    123456, Feb 10, 2011
    #13
  5. Feb 10, 2011 #14
    Lilbit

    Lilbit Road Train Member

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    Basically since business insurance doesn't cover theft by employees on property that is not owned/rented by the company.

    So it's basically a security deposit. Why don't they just call it that?:biggrin_25524:
     
    Lilbit, Feb 10, 2011
    Lilbit, Feb 10, 2011
    #14
    Bumpy and formertaxidriver Thank this.
  7. Feb 10, 2011 #15
    123456

    123456 Road Train Member

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    123456, Feb 10, 2011
    123456, Feb 10, 2011
    #15
  8. Feb 10, 2011 #16
    123456

    123456 Road Train Member

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    No way Jose !!!!!!!
     
    123456, Feb 10, 2011
    123456, Feb 10, 2011
    #16
  9. Feb 10, 2011 #17
    123456

    123456 Road Train Member

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    Owner operators put up an escrow/deposit.

    A company driver shouldn't, you'd never see a penny of it returned in most cases.
     
    123456, Feb 10, 2011
    123456, Feb 10, 2011
    #17
  10. Feb 10, 2011 #18
    Bumpy

    Bumpy Road Train Member

    6,529
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    Jan 27, 2009
    New Ulm,MN
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    OK Then,I am gonna Bond outta here,James Bond (ed):biggrin_255:
     
    Bumpy, Feb 10, 2011
    Bumpy, Feb 10, 2011
    #18
    Lilbit Thanks this.
  11. Feb 13, 2011 #19
    striker

    striker Road Train Member

    6,026
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    Aug 8, 2009
    Denver, Co
    0
    If they are talking a security deposit, like with an apt. or similar, no ##### way. Unless they are putting everything in writing as a contract that you can have inspected by YOUR legal counsel.
     
    striker, Feb 13, 2011
    striker, Feb 13, 2011
    #19
  12. Feb 13, 2011 #20
    blackw900

    blackw900 The Grandfather of Flatbed

    5,817
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    Jul 12, 2009
    A.W.O.L
    0
    Kelle Simon...Dick Simons kid.


    Run away!
     
    blackw900, Feb 13, 2011
    blackw900, Feb 13, 2011
    #20
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