Truck drivers must have the proper insurance to drive heavy trucks on the highways. When they work for a trucking company the company takes care of the insurance requirements.
Drivers who take the leap to become owner/operator truck drivers or small fleet owners become responsible for their own insurance.
At that point, they must be very knowledgeable about the type of coverage they need. However, you can also get accident insurance for truck drivers at truckershealthcoverage.com/occupational-accident-insurance.
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They should discuss various options with insurance agents to determine the type of coverage and the proper amount of insurance required to cover the needs of their new business.
Truck drivers typically begin their trucking careers working for a trucking company. Usually, the next step drivers sometimes take from working as hired drivers for trucking companies is to become owner/operators.
They become business owners and purchase or lease their own trucks, trailers and equipment. As opposed to being hired employees, they hire themselves out to other trucking companies to haul freight for them.
Choosing to become an owner/operator puts these drivers in control of the loads they haul. It also puts them in control of where they choose to go. Additionally, it allows them to earn more income.
Typically, after working for some time as owner/operators many drivers decide to take the next leap and become small fleet owners.
They can start with one or several trucks. They can choose to hire other truck drivers or owner/operators. They could also decide to be the sole driver for their company.