Owner Operator Insurance
Owner operators need special truck insurance products and services whether they're operating under permanent lease to a motor carrier or under their own authority. We understand the difference, and can help you choose the best trucking insurance coverages to match your business and protect your livelihood.
Owner operators under permanent lease to a motor carrier
It's common for a motor carrier to provide primary liability insurance coverage while you're working for them under permanent lease. This typically covers injuries or damage to other people or property if you're found responsible for an accident.
Depending on your business, you might need additional owner operator truck insurance coverages, including:
While some motor carriers offer these specialized types of trucking insurance, you can often get a better deal by buying them yourself. This allows you to customize your owner operator insurance policy by fine-tuning the exact types and amounts of coverage.
Owner operators with their own authority
If you're working under your own authority, you'll need to carry your own commercial truck insurance coverages, including:
This isn't an all-inclusive list. The FMCSA and certain contracts likely have specific owner operator insurance requirements you'll need to meet before you can start working. Make sure you've got the proper coverages in place before hitting the road.
Owner operator insurance cost
Several factors influence the cost of owner operator truck insurance, including:
Learn more on how these and other factors specifically affect your owner operator insurance cost.
Owner operator truck insurance for long-haul truckers
We offer an unlimited radius in most states for super regional truckers who need primary liability coverage. A policy must have at least one semi-truck tractor listed and an operating radius of greater than 500 miles to be considered super regional. Radius is calculated as the crow flies instead of in road miles.
The radius restriction doesn't apply if you only need a physical damage policy or non-truck policy