If you would like to have a more in depth conversation about your operations, insurance coverages, coverage considerations and unique solutions, please use the link below to schedule a time for us to meet:

In order to negotiate the most favorable terms for our clients, we must truly understand the operation. This allows us to craft unique solutions specific to your company, insuring adequate coverage, for as little premium as possible.

https://calendly.com/joshua-trucking-insurancesolutions/30min

A Brief Overview

Owner Operators

Who is insured under a commercial truck insurance policy?

The people covered under a commercial truck insurance policy can vary and are specified in the policy. Any employees that drive your trucks (in addition to yourself) are known as “permissive users” and must be listed on your policy.

Does truck insurance cover personal use?

It depends. Coverage for the “personal use” of a commercial truck depends on whether the driver is operating under their own authority or leased to a motor carrier. If they’re operating under their own authority, they’re covered for all personal use under their policy. If they’re leased to a motor carrier, they’re usually covered for business use only, but they could get Non-Trucking Liability insurance to cover their personal use.

How can I get the lowest rates possible?

Be honest with your agent about your operation and your records – including work history and your MVR. By doing your due diligence in operating your business in a professional manner and remaining loss free, you should receive better rates. Make sure when you are looking at premiums you are also comparing coverage. Not all policies are just alike. Another important aspect is what type of service you will receive. If you insure for lower rates, but that company can’t provide good timely service, the lower premiums will not help you out at all when you can’t get loaded due to problems with your insurance.

Understanding Owner-Operator Insurance

Different types of coverage available

1. Non-Trucking Liability Insurance

Liability insurance covers damages or injuries caused by the owner-operator to others. It is essential for legal compliance and protects against financial responsibility in the event of accidents where the owner-operator of vehicle or motor carrier is at fault.

2. Physical Damage Coverage

Physical damage coverage insures the owner-operator’s truck against damages caused by accidents, collisions, or other covered perils. This type of coverage helps in repairing or replacing the trailer or truck, ensuring it remains operational after unforeseen incidents happen.

3. Cargo Insurance

Cargo insurance protects the value of the goods being transported. In case of theft, property damage, or loss during transit, this coverage ensures that the owner-operator is not personally liable for the financial repercussions, safeguarding both the cargo and business interests.

4. Bobtail Insurance

Bobtail insurance provides coverage when the owner-operator is driving the truck without a trailer (bobtailing). It covers physical damage and liabilities during non-business use, such as when the truck is returning from a delivery without cargo, offering protection in scenarios not covered by standard general liability and insurance.

5. Occupational Accident Insurance

Occupational accident insurance provides coverage for medical expenses, disability, and death benefits for the owner-operator in the event of a work-related accident. This type of insurance is particularly important for independent contractors who may not have access to traditional workers’ compensation.

Frequently Asked Questions

Our online application allows you to give us all the initial information we need to start shopping your coverage with multiple insurance companies. Please also feel free to call us (214)817-8127 or email us at: sales@trucking-insurancesolutions.com