Owner Operator Insurance

Customized owner operator insurance coverage to meet your trucking needs

Your truck is your livelihood, and protecting it can keep your business running smoothly. That's why you need customized insurance for owner operators. The right truck insurance policy can protect you, your truck, and the cargo you haul.

What is owner operator insurance?

Owner operator insurance is commercial truck coverage designed for drivers who own and operate their own trucks. It protects against things like accidents, truck damage, breakdowns, and cargo loss.

Whether you work independently or under a lease for a motor carrier, Progressive Commercial can help you find coverage that matches your needs and supports your business. Get a quote online or call us to get started.

Who needs owner operator truck insurance?

Independent contractors, freelance drivers, and self-employed truckers need owner operator insurance coverage for their truck and their business operations. Even if you drive under another motor carrier's authority, you may still need your own policy to prevent gaps in coverage.

What does owner operator insurance cover?

Your owner operator insurance coverage depends on the protections you choose. Commercial truck policies can be customized to safeguard the parts of your business that matter most to you.

Owner operator insurance starts with mandatory liability coverage, which helps pay for injuries and property damage you accidentally cause others. From there, you can add optional protections to round out your policy.

Owner operators with their own authority

If you're running your business independently, you'll need to purchase owner operator insurance coverage, including:

• Liability: Financially protects you from claims of bodily injury or property damage.
• Physical damage: Pays for necessary repairs to your truck if it's damaged in an accident.
• Motor truck cargo: Covers loss or damage to the materials you're transporting.
• Motor truck general liability: Protects against injuries or property damage caused by business activities unrelated to your truck.

It's important to meet specific owner operator insurance requirements before you begin work. Review Federal Motor Carrier Safety Administration (FMCSA) guidelines and any contracts to make sure you have the right commercial truck insurance coverages. If you have questions, our team is here to help.

Owner operators under permanent lease to a motor carrier

Motor carriers usually provide primary liability insurance to drivers working under a permanent lease. If you're responsible for an accident, this coverage helps protect you from injury or property damage claims.

Depending on your business, you may need additional leased owner operator insurance coverages, including:

• Non-trucking liability: Protects you when you're driving your truck for personal reasons, not for work.
• Physical damage: Helps pay to repair or replace your truck if it's damaged or stolen.
• Trailer interchange: Covers damage to non-owned trailers used under an interchange agreement.

Many motor carriers offer these specialized coverages, but you can often find a better rate when you purchase them yourself. This option gives you the flexibility to customize your owner operator insurance policy to fit your needs.

How much does owner operator insurance cost?

Several factors influence the cost of owner operator truck insurance. These include your business type, truck, driving history, and location.

Team up with one of our experts and learn how these and other factors affect your truck insurance premium. You can also ask about vehicle insurance discounts to see how much you can save. Start a quote today and discover your owner operator insurance cost.

Owner operator truck insurance for long-haul truckers

We provide unlimited primary liability insurance for super-regional truckers in most states. To qualify, your policy must list at least one semi truck tractor and cover a radius of more than 500 miles. This distance is measured as a straight line between two points, not by road miles.

To see if Progressive Commercial covers super-regional truckers in your state, call 1-888-806-9598.

Why choose Progressive Commercial for owner operator insurance

We specialize in writing insurance for owner operators. As the #1 commercial truck insurer in America,^Δ we pride ourselves on providing the solutions you need at a competitive price. If you're interested in starting an owner operator insurance quote or learning more about our coverages, we're here to help.

Review your options and see how much you can save with owner operator truck insurance from Progressive Commercial. Call us or get a quote online.