Owner Operators

If you’re an owner operator, you need special truck insurance products and services to keep you fully protected whether you’re under permanent lease to a motor carrier or if you work under your own authority. Legacy Insurance Group understands your truck insurance needs and can help you select the trucking insurance coverages you need to protect your business and your livelihood.

Owner operators under permanent lease to a motor carrier

As an independent driver leased to a motor carrier, your owner operator truck insurance coverage needs are mainly determined by the lease agreement you have with your motor carrier. In most cases, a motor carrier provides Primary Liability insurance coverage when you are working on their behalf. Liability insurance covers injuries or damage to other people or property if you’re at fault for an accident.

However, you may need to purchase other owner operator truck insurance coverages, including:

While some motor carriers may offer these additional trucking insurance coverages to you, you can often get a better deal by purchasing them yourself. Plus, you’ll be able to make choices to customize your owner operator insurance policy to meet your needs and know exactly how much protection you’re getting.

Owner operators working under their own authority

If you are operating under your own authority you will need to carry your own commercial trucking insurance coverages, including:

  • Liability insurance – Pays for damages that you cause to other people and their property and includes Bodily Injury Liability insurance and Property Damage coverage.
  • Physical Damage coverage – Pays for repairs to your vehicle if it’s damaged in an accident, whether it’s caused by a collision with another vehicle or a falling tree branch.
  • Motor Truck Cargo insurance – Can pay for damages to the cargo that you’re hauling in case of fire, theft, or an accident.
  • Motor Truck General Liability insurance – this coverage pays for injuries or property damage you cause as a result of business activities not directly related to operating your truck.

Request quote online here or call 469-252-4001 for expert advice.