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So here is the big question for those of us with our own MC#

Discussion in 'Ask An Owner Operator' started by crocky, Mar 25, 2020.

Page 1 of 2
  1. Mar 25, 2020 #1
    crocky

    crocky Road Train Member

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    If we have to shut down, do we also get a pass on paying our trucking insurance? My bet is a big fat NO... Everyone else is getting a pass due to the stay at home orders..but I bet we don't...

    Anyone heard anything?

    edit.. ###### I hate auto correct.. was supposed to be "with our own MC#"
     
    crocky, Mar 25, 2020
    crocky, Mar 25, 2020
    #1
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  3. Mar 25, 2020 #2
    Midwest Trucker

    Midwest Trucker Road Train Member

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    Nah, we’re screwed. Money talks and BS walks. Don’t know about you but I hate walking.

    Many people probably show more then 99k on their 2018 taxes too so you won’t be getting any money whatsoever. All you can do is lay yourself off and collect money that way but it won’t pay trucking bills that’s for sure.

    Someone correct me if I’m wrong.
     
    Midwest Trucker, Mar 25, 2020
    Midwest Trucker, Mar 25, 2020
    #2
    Rideandrepair and Dave_in_AZ Thank this.
  4. Mar 25, 2020 #3
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    The experts, whomever they are, are saying the housing market crash is imminent, and a truck load of mortgage defaults coming.
     
    Dave_in_AZ, Mar 25, 2020
    Dave_in_AZ, Mar 25, 2020
    #3
    Rideandrepair and Cat sdp Thank this.
  5. Mar 25, 2020 #4
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    BS runs a marathon.
     
    Dave_in_AZ, Mar 25, 2020
    Dave_in_AZ, Mar 25, 2020
    #4
    650cat425 and Rideandrepair Thank this.
  7. Mar 25, 2020 #5
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Look at the bright side; if a driver has money saved, can get a house cheap when the housing market crashes. I bought mine during the last one.
     
    Chinatown, Mar 25, 2020
    Chinatown, Mar 25, 2020
    #5
    ChevyCam, Opendeckin, Brettj3876 and 5 others Thank this.
  8. Mar 25, 2020 #6
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    It's what I'm hoping for.
     
    Dave_in_AZ, Mar 25, 2020
    Dave_in_AZ, Mar 25, 2020
    #6
    Chinatown and Rideandrepair Thank this.
  9. Mar 25, 2020 #7
    Rideandrepair

    Rideandrepair Road Train Member

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    I just renewed mine,$3200 bill
     
    Rideandrepair, Mar 25, 2020
    Rideandrepair, Mar 25, 2020
    #7
    Orange713 and Lite bug Thank this.
  10. Mar 25, 2020 #8
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Wife was looking around on Zillow today and saw a house near us that sold for $90K during the last housing crash. Just sold this week for just under $300K.
     
    Chinatown, Mar 25, 2020
    Chinatown, Mar 25, 2020
    #8
    Lite bug and Rideandrepair Thank this.
  11. Mar 25, 2020 #9
    danny23tx

    danny23tx Road Train Member

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    We bought our house in the last bust , 110k today its worth 325k . I'm ready for about 40 acres and a fishing pond , a place to light a fire and shoot some guns .
     
    danny23tx, Mar 25, 2020
    danny23tx, Mar 25, 2020
    #9
    Brettj3876, Orange713, Lite bug and 1 other person Thank this.
  12. Mar 26, 2020 #10
    crocky

    crocky Road Train Member

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    Ouch.. mine is only $1,1k/month and just paid it but it sucks to pay for insurace you arent even using....
     
    crocky, Mar 26, 2020
    crocky, Mar 26, 2020
    #10
    Rideandrepair Thanks this.
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