Old Nov 25, 2011 | 05:27 PM
  #18  
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dojj
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From: Little India
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Originally Posted by mar_k
there is a way,
From what Ive been told Tesco do not have inurance on their trucks as such.
they need to have a certain amount of money in the bank to make sure they can cover any claims against them, not sure the exact figure
bus companies have the same thing

they have a bond, something like £4,000,000 or along those lines, which they deposit with some 3rd party

in the case of a bump, they have enough money to settle any claims arising from it wihtout touching the bond, which is there for when you have a BIG claim

which is why you hardly EVER get paid out if you have a bump with a bus
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