Work accident insurance

runrunner

Veteran Expediter
Could someone please give me a ballpark estimate what FedEx charges for work accident ins per 1000.00 gross? Thanks.
 

FJK1954

Expert Expediter
it is computed by your weekly revenue not weight...the more you make the more it cost because the higher the revenue the higher the payout on a percentage basis. frank
 

LDB

Veteran Expediter
Retired Expediter
I can't give you a ballpark but I can tell you exactly what they charge. It is 2% of gross so on $1k it is $20.00. I've looked for other sources and been told that's actually a decent rate even though it's irksome paying that 2% on top of the usurious $35 weekly etc. as well.
 

yapy085

Active Expediter
I would have given you an answer sooner but I first had to be approved to post. I agree with LDB and according to my figures based on several different gross amounts the figure seems to come out to $20 per $1000 in gross revenue.
 
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