M20 footbridge.
Discussion
Who pays ?
M20 bridge collapse sees Kent motorway shut after crash - http://www.bbc.co.uk/news/uk-england-kent-37204050
If ,as early reports suggest , it was struck by a transporter on the hard shoulder carrying an excavator. Does it all fall to that companies insurance to cough up for the lot?
What cost ?
Will anybody who lost out on holidays etc , be able to claim ?
It could have been so much worse , I hope that the motorbike rider makes a speedy recovery .
New undies for the driver of the white box artic !
M20 bridge collapse sees Kent motorway shut after crash - http://www.bbc.co.uk/news/uk-england-kent-37204050
If ,as early reports suggest , it was struck by a transporter on the hard shoulder carrying an excavator. Does it all fall to that companies insurance to cough up for the lot?
What cost ?
Will anybody who lost out on holidays etc , be able to claim ?
It could have been so much worse , I hope that the motorbike rider makes a speedy recovery .
New undies for the driver of the white box artic !
WaferThinHam said:
grumpy52 said:
Will anybody who lost out on holidays etc , be able to claim ?
Don't be daft, this isn't America.I imagine the insurance company will be getting a large bill from the highways agency to sort the bridge.
Not that I agree with it .
It's just going to add to the misery of driving in this area .
grumpy52 said:
WaferThinHam said:
grumpy52 said:
Will anybody who lost out on holidays etc , be able to claim ?
Don't be daft, this isn't America.I imagine the insurance company will be getting a large bill from the highways agency to sort the bridge.
Not that I agree with it .
It's just going to add to the misery of driving in this area .
grumpy52 said:
If ,as early reports suggest , it was struck by a transporter on the hard shoulder carrying an excavator. Does it all fall to that companies insurance to cough up for the lot?
Yep.grumpy52 said:
What cost ?
Bloody substantial.grumpy52 said:
Will anybody who lost out on holidays etc , be able to claim ?
No.The company might be self insured, in which case their directors and shareholders are not going to be too happy.
I recall when I worked in logistics, one of our trucks clipped a railway bride. Did no damage but the bridge had to be inspected and the line was closed while that happened. Our management were not impressed with the £25k bill, as we self insured and it came straight off the bottom line. When margins are in single figures, that's an awful lot of revenue to generate to pay for it.
I recall when I worked in logistics, one of our trucks clipped a railway bride. Did no damage but the bridge had to be inspected and the line was closed while that happened. Our management were not impressed with the £25k bill, as we self insured and it came straight off the bottom line. When margins are in single figures, that's an awful lot of revenue to generate to pay for it.
Super Slo Mo said:
The company might be self insured
They won't be.Apart from having to lodge a half-million quid bond to be self-insured, wasn't there an FoI request (? or something similar...) a year or two back that said the number of fleets self-insured was in single figures, nationally?
TooMany2cvs said:
SVTRick said:
bet this bridge gets fixed before all the potholes which have been festering for months
Even ignoring the minor detail of who's paying the bill, how many of those "festering" potholes are on a major motorway...?Not so common in lane 3 for the average joe in his company car !
TooMany2cvs said:
Super Slo Mo said:
The company might be self insured
They won't be.Apart from having to lodge a half-million quid bond to be self-insured, wasn't there an FoI request (? or something similar...) a year or two back that said the number of fleets self-insured was in single figures, nationally?
Super Slo Mo said:
Yeah, you're probably right. Just the big boys that do it. We at the time were the UKs biggest logistics company, then got taken over which made us part of a massive worldwide group, quite possibly the world's largest logistics co. Makes sense when you're that size, not so much if you just have 30-40 trucks.
I worked for a company that were relatively small, a local bus company, they always said they were 'self insured', they had to cover the first £500,000 of any claim before their insurer would pick anything up. Is that really classed as self insured or just a huge excess? WaferThinHam said:
tapereel said:
They can claim off their holiday insurance
Suspect they'd class it is an act of god or some such thing to weasel out of it. CaptainMorgan said:
I worked for a company that were relatively small, a local bus company, they always said they were 'self insured', they had to cover the first £500,000 of any claim before their insurer would pick anything up. Is that really classed as self insured or just a huge excess?
Good question. I suppose to all intents and purposes they are since they have to meet their own liabilities in most cases. It's not self insured in the strictest terms of the rules but it may as well be. CaptainMorgan said:
I worked for a company that were relatively small, a local bus company, they always said they were 'self insured', they had to cover the first £500,000 of any claim before their insurer would pick anything up. Is that really classed as self insured or just a huge excess?
A huge excess - because there IS an insurer who'll then pick the rest up.out of interest, if I was stuck on the m20 traffic and missed a ferry, why couldn't I claim off the truckers insurance (assuming he is insured, the company isn't self-insured)? Lets assume he's negligent in driving into a bridge, I believe (correct me if I'm wrong), that their insurance will pay up for the cargo in the following lorry that got squished, plus the motorbiker who pranged himself as a result. I also believe (again, let me know if this isn't the case) that if said biker had previously booked a holiday, and now can't go, the lorry insurance would have again paid up. So where does the liability cease? I'm not suggesting that the truckers insurance would pick it all up (I've never heard of that happening), I just don't know why they don't - something in the back of my mind says something about the forseeability of the cost as a result of the action - but I might be on the wrong track?
as a side question - if the bit of the bridge that's over the hard shoulder is a 'low bridge' (looks like its here https://goo.gl/maps/jkg2mJD1XxM2 - it looks lowish and there is no sign - I can't tell if its under 5.1m or not) and that's why it got hit (ie the lorry wasn't 'over height', and it had a legit reason for being on the hard shoulder) - is it the highways agency who are to blame?
as a side question - if the bit of the bridge that's over the hard shoulder is a 'low bridge' (looks like its here https://goo.gl/maps/jkg2mJD1XxM2 - it looks lowish and there is no sign - I can't tell if its under 5.1m or not) and that's why it got hit (ie the lorry wasn't 'over height', and it had a legit reason for being on the hard shoulder) - is it the highways agency who are to blame?
Edited by 5lab on Saturday 27th August 22:21
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