I have a situation that I could use some guidance on. A little back history, I am leased on to a Motor Carrier and have been for a few months. When originally signing on I was not required to pay a down payment for insurance, only billed weekly for my portion of the premium. Fast forward to now, the motor carrier is switching insurance providers, I have been asked to pay a portion of the down-payment in addition to my weekly deductions, is this normal?
Posted: 2 years, 10 months ago
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Who pays Motor Carriers insurance down payment when leased on
Hello All,
I have a situation that I could use some guidance on. A little back history, I am leased on to a Motor Carrier and have been for a few months. When originally signing on I was not required to pay a down payment for insurance, only billed weekly for my portion of the premium. Fast forward to now, the motor carrier is switching insurance providers, I have been asked to pay a portion of the down-payment in addition to my weekly deductions, is this normal?