Post # 1
Bees, I’m really worried. I have all my family and friends sending positive thoughts right now, but I could use some extra.
As some of you know, DH and I are closing on a house tomorrow. Well, last night at 5:00 p.m. or so, DH calls me in a panic. Long story short: He drives a company vehicle for his job, and he got into an accident. He drove past the turn he needed to take, so he reversed, not seeing the car behind him. He got a ticket for “improper backing” for $75.00, no big deal, whatever. The problem is, his boss told him that this accident might make it so he can no longer be on company insurance. Hence, he would lose his job. Even worse, his industry basically all uses the same standards for insuring employees, so he would essentially be unemployable in his industry. HUGE PROBLEM. His education consists of a specific training program FOR THIS INDUSTRY, so he would have only a couple of options: (1) go back to school at a university, which would take several years and no guarentee of a job even then or (2) work in an unskilled trade, like a factory, which neither of us wants. Either way, buying this house will NOT be an option. We don’t want to be in for a mortgage when he has no job security.
We should find out today whether he’ll be insurable on company insurance or not, hence whether he can keep his job. I guess I just need positive thoughts sent my way in the meantime… I can’t believe we could lose the house, his job and his career all in one day…
Post # 3
Oh no! One minor accident could get him kicked off insurance?? That sounds excessive! I really hope everything works out ok for you. Positive thoughts!
Post # 4
@QueenOfSerendip: My husband works for the city and they’re pretty strict on accidents as well, but something THAT minor could make him lose his job? That seems pretty excessive! I wouldn’t jump to conclusions honey, take things as they come and remember that everything happens for a reason! Sending lots of prayers!
Post # 5
@QueenOfSerendip: Can you still get out of the house if you need to? I am really sorry this happened. One of my brothers owns a business and he had to kick someone off of his corporate insurance as well. It was a huge liability and very expensive for him. I can totally understand both sides of the coin but I am still sorry it is happening 🙁 I was so excited for you and your future doggy!!
Post # 6
@PermaStudent: Yeah it doesn’t really make sense, does it? I’m hoping this is more of a “worst case scenario” type of situation, where his boss may just be preparing him for the unlikely possibility in which he would be uninsurable. But still, I’m crazy worried.
Post # 7
Is he union? I highly doubt they will kick him off, he will be on probation, though.
Post # 8
@PacificMrs: Thank you! I keep saying that to myself… that everything happens for a reason. It always has so far… 🙂
@MrsPanda99: I think our financial contingency will be effective all the way until close… so I do think we can get out of the house (and even get our earnest money back) up through tomorrow. I’d rather play it safe and get out of the house unless we have confirmation from his boss that he still definitely has a job. i do see the boss’s perspective as well… obviously if his rates skyrocket, it wouldn’t make financial sense to keep DH on. It just seems kind of crazy that one small accident on an otherwise spotless record would make such a huge difference.
Post # 9
@QueenOfSerendip: ((HUGS)) Sending positive thoughts your way! I hope and pray it all turns out ok for you!! Please keep us updated. The accident seems so minor – they should give him another chance. Praying for you!!!
Post # 10
Sending good vibes your way.
I hope that he’s in a position to negotioate – meaning, can he take a course (like defensive driving) or a work-specific exam, etc. to help him remedy the situation?
Crossing my fingers that everything will work out.
Post # 11
@QueenOfSerendip: Is there some sort of driver’s safety course that your husband can take? I know that when I got my first ticket I was able to complete a course so that I could have the points on my record removed since I had an otherwise perfect driving history. Hopefully your husband’s boss was just preparing him for the worst case scenario. Best of luck!
Post # 12
@QueenOfSerendip: I agree with you that it is better safe than sorry. I have a few ideas. Do you have a walkout basement? If you do, then you could get a tenant for the first year to help with costs. Also, please make sure that whatever decision is made happens in writing. It is a scary thought for you to be solely responsible for a mortgage and you need to know that won’t reasonably happen!
I also want to say this: there will always be another house. I promise. If, for whatever reason, this house doesn’t work out then you will find a better one. I speak from experience. We own many properties and I have been so disappointed at losing a house that I literally cried…and then I found a better one the next week. No matter what, it will all work out.
Post # 13
Hugs! Can he take a driving class so or something. I agree with the PPs, him getting fired is pretty accessive. I hope everything works out in your favor.
Post # 14
Sending you lots of thoughts and prayers!! Hopefully they let it slide one time.
Post # 15
Sending good vibes & positive thoughts from across the pond 🙂
Post # 16
I wouldn’t worry too much–I think his manager was overreacting. I’ve worked for a company with company cars/insurance, and a fender bender wasn’t a firing offense that rendered a driver uninsurable (I had one!)! For a low level moving violation, your DH can take a driver safety course and pay the fine and in most states, he won’t get points on his license (the main way that insurance companies evaluate drivers). The manager may have to cover a deductible out of his operating budget if there was damage to the vehicles involved, and this could be why his manager freaked out and said what he did. They are called “accidents” for a reason, and in any company I’ve ever worked for, the only types of accidents that were firing offenses were those that involved drugs, alcohol, or serious injury/death.