What are your thoughts on this...

Discussion in 'Experienced Truckers' Advice' started by MiRig2017, Oct 14, 2022.

  1. MiRig2017

    MiRig2017 Light Load Member

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    Have not used my CDL in almost four years, so it is actually a little tough finding someone to take me on. There is a company that is willing to hire me, and their application descriptions state that the driver may be responsible for the deductible if you are in an at fault accident. They also want the driver to pay $50 a week, up to $1000 for safety and equipment should the driver be dismissed or leave the company and there be anything wrong with the truck. The money is then refunded after 45 days. That is the first time I have heard of a company doing this. I would not even know what a deductible cost would be if that was to happen.

    Anyone else work with a company that does this? What is your take on it?
     
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  3. rch10007

    rch10007 Medium Load Member

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    This is normal. It's called escrow. If you have a job lined up, congrats!
     
  4. Lyle H

    Lyle H Road Train Member

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    Are you sure your CDL is still valid?
    Unless you have been keeping your medical card up to date it may have been rescinded.
    Better check to be safe before proceeding further.
     
  5. MiRig2017

    MiRig2017 Light Load Member

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    Yes, all is good. Kept up with everything because I knew I would most likely use it again.
     
  6. MiRig2017

    MiRig2017 Light Load Member

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    That is good to know, thank you
     
  7. Chinatown

    Chinatown Road Train Member

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    Sounds like a 1099 company.
    Plenty of companies will hire you without all that garbage.
    Drivers come on the forum every week complaining the company kept all the escrow money and then charged them more money, like not getting their last paycheck.
     
    Last edited: Oct 14, 2022
  8. rch10007

    rch10007 Medium Load Member

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    Give him a couple of examples @Chinatown :D
     
  9. Chinatown

    Chinatown Road Train Member

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    OK. The ones that screw the drivers out of their escrow are listed on the Bad Trucking Company thread.
    ~
    Depends on where he's located on what's available for ones that are W-2 and honest.
     
  10. rch10007

    rch10007 Medium Load Member

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    I just learned I could @ somebody and thought that would be a good opportunity to do it.
     
  11. Chinatown

    Chinatown Road Train Member

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