Owner Operator Insurance

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.

 

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:

 

• Non-Trucking Liability insurance – Can provide protection for when you're not under dispatch.

• Physical Damage coverage - Can cover the cost of fixing or replacing your truck if it’s involved in an accident or stolen.

• Motor Truck Cargo insurance - Provides coverage for loss or damage to the load you’re hauling.

 

If you need help deciding which coverages are right for you, our licensed insurance representatives can help you build a customized policy to meet your commercial trucking insurance needs.

 

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 – Available exclusively through Progressive Commercial’s independent agents, this coverage pays for injuries or property damage you cause as a result of business activities not directly related to operating your truck.

 

If you need help deciding which coverages are right for you, our licensed insurance representatives can help you build a customized policy to meet your commercial trucking insurance needs.

 

Motor Carrier Insurance for For-Hire Trucking

 

For-Hire Truck Insurance

Many motor carriers use permanently leased independent contractors. If you are one of these for-hire owner-operators, you may receive Primary Liability insurance under your Motor Carrier’s authority. However, you may still need to purchase “Contingent” or Non-Trucking Liability insurance, as well as Physical Damage coverage for your vehicle. There are many for-hire truck insurance options.

 

Mandatory Motor Carrier Truck Insurance Coverages

Liability insurance is a mandatory motor carrier insurance coverage that pays for damages you cause to other people and their property. Liability insurance coverages for motor carriers includes Bodily Injury insurance and Property Damage coverage.

 

Optional Motor Carrier Insurance Coverages

To make sure you have the best protection for your truck when you’re on the road, you should also consider purchasing some of the optional motor carrier insurance coverages:

 

• Physical Damage coverage – Can pay for repairs to your truck if it's damaged in an accident, whether it's caused by a collision with another vehicle or a falling tree branch and can include Collision insurance, Comprehensive insurance, or Fire and Theft with Combined Additional Coverages.

• Medical Payments insurance – Available in select states, this first party coverage can pay medical bills for you and any passengers in your truck in case they are hurt in an accident or auto-related injury.

• Uninsured Motorist insurance – Can pay for injuries and damages to you or your passengers and your vehicle, where available, caused by drivers who either don't have insurance or don't have enough insurance to cover your injuries and damages.

• Motor Truck Cargo insurance – Can pay for damages to cargo you're hauling.

 

If you need help deciding which coverages are right for you, our licensed insurance representatives can help you build a customized policy to meet your motor carrier truck insurance needs.

 

 

Private Carrier Insurance

As a private carrier, you are responsible for hauling goods in your own truck for your company or employer. Whether you’re working in construction, excavation, manufacturing, or any other private carrier capacity, Private carrier insurance it the insurance solutions for you.

 

Private Trucking Insurance Coverages

There are many different types of private trucking insurance coverages, including:

 

• Liability insurance – This mandatory insurance coverage pays for damages that you cause to other people and their property. Liability insurance coverage includes Bodily Injury Liability insurance and Property Damage Liability coverage.

• Physical Damage – Can pay for repairs to your truck if it's damaged in an accident, whether it's caused by a collision with another vehicle or a falling tree branch and can include Collision insurance, Comprehensive insurance, or Fire and Theft with Combined Additional Coverages.

• Medical Payments insurance – Available in select states, this first party coverage can pay medical bills for you and any passengers in your truck in case they are hurt in an accident or auto-related injury.

 

If you need help deciding which coverages are right for you, our licensed insurance representatives can help you build a customized policy to meet your private trucking needs.