Owner Operator Trucking Insurance

Owner operators are the backbone of the American trucking industry. Over 91% of all trucking companies are operating with less than 6 Trucks. We understand that being an owner operator is not easy, and you may not have the same resources or help that a larger fleet would have. At Road Ready Insurance we specialize in owner operator trucking insurance as we write this coverage more than any other coverage across the country.

Let Road Ready Insurance provide you with an Owner Operator Trucking Insurance quote today. Road Ready Insurance Agency represents the top trucking insurance companies in the country and will be able to provide you with the best trucking coverage at the most competitive pricing available in the market.

Our agents are trucking specialists and solely focus on commercial Trucking & Transportation insurance accounts. Please feel free to give us a call today and let us help you find the best insurance options available to you.

What are the Required Trucking Insurance Coverages for an Owner Operator?

Owner Operators with their own authority:

  • Trucking Liability Insurance – this is typically written at $1,000,000 (one million dollars) and covers your company for Bodily injury liability and property damage. The Federal Motor Carriers Administration (FMCSA) requires all Trucking companies with their own authority to carry a minimum of $750,000 dollars of liability coverage, although the industry norm is $1,000,000 of liability coverage for over 90% of your freight brokers.
  • Motor Truck Cargo (Cargo Liability) Insurance – Covers for the damage or loss of the freight, load, or cargo that you are hauling. This is typically written at a $100,000 limit with certain exceptions.
  • Physical Damage – Pays for the repairs your truck or trailer may have as a result of an accident. The damage can be caused by another vehicle or another object. You will typically want to insure up to the vehicles replacement value when placing physical damage insurance on your truck or trailer.
  • Truckers General Liability – typically written at 1/2Million in general liability coverage and often confused with Primary trucking liability (It is not Trucking Liability). This will provide you coverage for injuries or property damage that you or your company cause in which are Not Related to trucking.

Owner Operators Leased on to another motor carrier authority

  • Non-Trucking Liability – Liability coverage and protection when you are using your vehicle while not under dispatch. This is a great coverage to carry if you do not have Primary Trucking Liability coverage or are leased on to another motor carrier.
  • Physical Damage – Pays for the repairs your truck or trailer may have as a result of an accident. The damage can be caused by another vehicle or another object. You will typically want to insure up to the vehicles replacement value when placing physical damage insurance on your truck or trailer.
  • Trailer Interchange – Physical Damage coverage for the trailers that your company does not own. Keep in mind, you will need to have a simple “Trailer Interchange Agreement” on file in order for this coverage to be valid.
  • Non-Owned Trailer Coverage – Similar to Trailer interchange, but may provide a better full rounded option when available. This will cover your company while pulling trailers that you do not own. The difference is you may not need to carry a “Trailer Interchange Agreement” with the trailer owner.

At Road Ready Insurance our goals are simple:

  • Provide Proper Trucking Coverage
  • Save your company Time & Money
  • Offer the best and fastest service
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