Owner-Operator Insurance: A Complete Overview
As an owner-operator, your insurance needs depend heavily on how you operate — whether you’re leased to a motor carrier or running under your own authority (OA).
Leased Owner-Operators
If you’re leased to a motor carrier, they typically provide primary liability coverage while under dispatch. However, you still need:
- Non-Trucking Liability (Bobtail): When operating off dispatch
- Physical Damage: To protect your truck investment
- Occupational Accident: Replaces workers compensation
Owner-Operators with Their Own Authority
If you have your own MC number, you need the full package:
- Primary Liability ($750,000+ minimum for most cargo)
- Physical Damage
- Motor Truck Cargo
- General Liability (required by many shippers)
- Trailer Interchange (if pulling others’ trailers)
How NITIC Helps Owner-Operators
We specialize in owner-operators and small fleets. Our agents understand your unique situation and will build a custom policy that gives you maximum protection at a competitive price.