Owner Operator Insurance

What you need to know about insurance for owner operators

As an owner operator, you need special owner operator insurance to keep you fully protected. Finding the right insurance can be an overwhelming task. It requires understanding the owner operator insurance requirements for owner operators insurance versus non owner operator insurance and how your specific needs might differ. The most important aspect about owner operator truck insurance is making sure you have all the coverage you need in order to protect your business and livelihood. If you are an owner operator, you should purchase the following owner operator insurance. The experts at InsureMyRig can help with this.

There are many different kinds of insurance coverage.

Often when you are working under a motor carrier, they provide primary liability insurance and cargo insurance. Liability insurance covers injuries or damage to other people or to property if you happen to be at fault for the accident. However, if you are an owner operator, you may need to purchase other specific kinds of insurance for owner operator truck drivers such as:

  • Non-trucking liability insurance, which can provide you liability protection when you’re not under dispatch.

  • Physical damage coverage, which can cover the cost of fixing or replacing your truck if it is in an accident or stolen.

  • Occupational/accident insurance pays medical benefits and disability if you are hurt on the job

While you can get a nationwide insurance quote online, it’s important to understand that many factors affect a rate quote, including driving record and what you’re hauling and where. You may also wish to get more than just your standard policy when you are looking for owner operator commercial truck insurance. Different kinds of coverage will naturally affect the owner operator insurance cost. For example, do you need expanded refrigeration coverage, towing expense coverage, reload expense coverage, bobtail insurance, or any other kind of coverage? All of these different choices can affect the owner operator truck insurance cost. All of these choices and options can be difficult to negotiate, and you may yourself to be overwhelmed or confused. Therefore, to find the right truck insurance for owner operators, contact us for assistance. We will walk you through the sometimes confusing path of owner operator truck insurance.

Call us today!