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135

As I've stated before, I own a small commercial trucking business. We just received our annual Insurance renewal premium (Progressive) for a fleet of 5 tractors and 5 trailers, our premium was raised from $153,000 a year to $212,700. We have a loss run for 2020/2021 of $0 meaning they have not paid out on ANY claims. Our drivers have not received any violations and we have ZERO citations. Something is brewing here....these rates, along with steadily rising fuel prices, commercial trucking fees, taxes etc. are making it IMPOSSIBLE to succeed in the freight hauling business. Of course we are shopping it around but my concern is this is not an isolated incident.

As I've stated before, I own a small commercial trucking business. We just received our annual Insurance renewal premium (Progressive) for a fleet of 5 tractors and 5 trailers, our premium was raised from $153,000 a year to $212,700. We have a loss run for 2020/2021 of $0 meaning they have not paid out on ANY claims. Our drivers have not received any violations and we have ZERO citations. Something is brewing here....these rates, along with steadily rising fuel prices, commercial trucking fees, taxes etc. are making it IMPOSSIBLE to succeed in the freight hauling business. Of course we are shopping it around but my concern is this is not an isolated incident.

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[–] 4 pts

I don't know how common this is, but the business my neighbor works for just got split into three parts because of insurance issues. The insurance company they had for twenty years wouldn't renew their general liability insurance unless all employees are vaccinated. It's a small business (fabrication, cnc, etc) that basically only has part time employees who are either retired or doing it for a second job. The solution was to split the company so there is one company that owns the building, one that owns the machines, and a third that has the workers. The company with the workers then leases the machines and building from the other two companies.

I'm told the process was a lot of hassle and paperwork, but the accountant and lawyers made out like bandits. The funny thing is, the lawyers the business owner consulted said it's basically impossible to sue a business for having unvaccinated employees. There is no way to prove an employee or customer got a communicable illness from the employee and not some other source.

[–] 2 pts

I was telling someone this exact scenario on how to get around the mandate. Instead, a couple companies get together to pool their specialized employees into separate businesses. The companies send their accounting staffs to ABC Accounting, IT goes to ACD Technology, ADE Maintenance Services and so on until you get your staffs down to under say 80 people in the companies. You basically contract out these services from the new separate businesses you created. It costs a little bit more for the new office space needed but no where close to what it would cost to implement the mandates.

[–] 2 pts

That's a little different scenario. The problem with getting below the arbitrary number of 100 employees, is Biden will just make it 50 employee in a few months. Then 15. The 3. The company I'm talking about is merely to keep assets insured while having a different company with all the employees that has no assets and no insurance. I don't know all the details, but I don't think the new companies that own the machines or building have any employees. Therefore, the aren't subject to any current or new mandates.

The 100 employee OSHA thing is such an overreach, that I think its purpose is to be an excuse to pack the court. There is no way the courts don't strike this down. Then Biden will claim COVID is out of control because the courts won't let him force the mandate.