I have been talking with people at FedEx to see if we could get the "down time" coverage from Protective increased. I don't want a re-run of last years mess with my personal hurricane disaster. Protective is not interested in making any options available.
That time of year will be upon us soon and I only see three good options:
1: self-insurance (remember it goes real fast when you are down)
2: Find outside insurance with better coverage (I am looking now)
3: Don't runs loads that require you to stay in areas that are likely to get hit by the storms. Get in and get out, or don't run hurricane loads.
The problem does not lie with FedEx, it is FEMA/CDC who want the trucks there and will not let you leave. We are looking into possible legal action on last years mess too.
Take time to review all your insurance coverages and risk management plans. Do NOT take anything for granted and ALWAYS assume the worst will happen and you will have to cover the loss.
FedEx was in our corner through this entire mess and I thank them for all they did. There is nothing more they could have done. Just keep all this in mind and make sure you know just how well you are or are not covered. Layoutshooter
That time of year will be upon us soon and I only see three good options:
1: self-insurance (remember it goes real fast when you are down)
2: Find outside insurance with better coverage (I am looking now)
3: Don't runs loads that require you to stay in areas that are likely to get hit by the storms. Get in and get out, or don't run hurricane loads.
The problem does not lie with FedEx, it is FEMA/CDC who want the trucks there and will not let you leave. We are looking into possible legal action on last years mess too.
Take time to review all your insurance coverages and risk management plans. Do NOT take anything for granted and ALWAYS assume the worst will happen and you will have to cover the loss.
FedEx was in our corner through this entire mess and I thank them for all they did. There is nothing more they could have done. Just keep all this in mind and make sure you know just how well you are or are not covered. Layoutshooter