Hick's penchant for lending out his "toys" has come back to bite him on the rumpus. He has been waiting to hear from The Buddy about what insurance says concerning his wrecked trailer. Meanwhile, Hick did a little investigating and calling around on his own. He was wrong about insurance coverage on a trailer.
The only insurance Hick's trailer had was liability insurance. That was automatic, with the insurance on the pulling vehicle. All these years, Hick had assumed that a trailer is covered like the vehicle. Nope. It takes a separate insurance policy, just like a vehicle. You can bet Hick will do that with his NEXT trailer. If he ever gets one.
"That lady dealing with The Buddy's insurance from the truck rental called me back this morning. Right after I sent her a nasty email. She said that my trailer won't be covered, which I figured out by now. But she also said they ain't done nothin' with the claim yet because they don't have nothin' from The Buddy! A relative of his was handling all this, and ain't turned nothin' in! Not even the police report from the accident! So this insurance cain't do nothin'. I think he's using his regular insurance. Anyway, he's just gonna hafta buy me another trailer. There's no way around it."
"We can afford to buy you a trailer. He can make payments. Even if it's just a little bit a week. So he won't feel bad, and you can get paid back. There's no need to go without a trailer. You NEED a trailer. Just stop loaning it!"
"I'll have to look for one and see if I can get a deal. It's a 16-foot double axle dovetail trailer. I got my first one from a guy where I used to work, for $500. It'll be a lot more now!"
"You'll have to look around for a used one."
"I'm having the wrecked trailer hauled out here, so I can get my tires off it. I just put on 4 new tires this summer. It's gonna cost me $285 for the tow. I'll tell The Buddy he can junk the rest of the trailer. Sell it for scrap. Then he'll have a little bit of the money to start paying me back."
Being a nice guy is kind of expensive...
oh em gee :( that sucks for Buddy! And for Hick, but like you said you can afford the new trailer so that isn't the issue. Is Hick the kind of friend to say Buddy doesn't have to repay him the whole amount? :s
ReplyDeleteNo. Hick will EXPECT the whole amount, but if The Buddy misses a payment, or can't pay due to some other catastrophe, it won't make him mad or affect the friendship. Things happen.
DeleteHick has found two other trailers for around $1,900. He's going to look at one this afternoon. Used is fine, and way cheaper than new.
Meanwhile, he toyed with paying Lowe's to deliver the refrigerator, stove, and microwave for Bargain House. He decided against it, and picked up the stove and microwave in SilverRedO. Now he needs a second trip to get the refrigerator.
$1900.00 - egads! It's a good thing you guys have the $$. Hopefully Buddy can repay all of it in time. I cannot believe that is the used price - I am glad he picked up the items himself, the delivery fee money is probably used better elsewhere!
DeleteTrailers are expensive. I was hoping for something under $3000, and Hick knows his trailers. That deal fell through today, but he's got another trailer to look at for around the same price. The Pony, our flipping partner, will be happy not to pay half of a delivery charge for those appliances!
DeleteGuess I should keep up. I had to go way back to find out about the accident after reading your latest post. I wonder how the Buddy's health is and if the stress of all this business might be causing him problems. Hick is good to go easy on him but still . . .
ReplyDeleteThe Buddy just got over a serious health issue, but it's not something stress would affect. Still, I'm stressed out for The Buddy. I'm sure he feels guilty and indebted to Hick. Hick is happy The Buddy is okay. He'd still like to get his money for the wrecked trailer, but it's not something he dwells on. He'd rather have a buddy than a trailer.
DeleteOne's body is in process of leaving a trail of our choices. I'd say Hick is one who leaves a trail. I hope that he gets a trailer and says no to borrowers.
ReplyDeleteHick is actively seeking a (used) trailer. I'd like to think he won't loan a new one, but he probably will. I'm pretty certain he'll get insurance on it!
DeleteBuddy's relative needs a reminder it seems, to get that ball rolling. I hope Hick finds a suitable trailer for a decent price. I would be making Buddy pay back too, but like Hick, only when he can afford to.
ReplyDeleteHick would never want anybody to go without necessities, just to pay him back. His attitude is, he'll get it when he gets it. He's not going to put pressure on The Buddy to hurry up and pay him.
DeleteHick is a good guy. Like him, I think it will do Buddy good to pay a part of it. I always tried to create jobs for men who could not afford to stay in our park. I felt like it was good for their self-esteem to offer something in return for staying without paying. Had one guy who split so much firewood that we gave him a full tank of gas and fed him. I would have fed him in any event. I always felt like i would get paid back in the future for feeding a hungry person. One family left in the night owing me over $3,000. I did not feel kindly towards them!
ReplyDeleteWe try to do the right thing and help others. Some use it as a hand up, others as a handout. At least you were rid of those $3000 deadbeats. These days it can cost more than that to evict people. That's why we flip instead of rent.
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