Liability insurance, particularly for new owner-operator businesses, can rank number one for in fixed costs for an independent without a truck payment -- $10K a year or more for a new business. If you've boosted ...
With FMCSA preparing a rule to increase the minimum level of required liability insurance for carriers, this rule probes current levels of coverage among owner-operators with their own authority.
Independent rebuttal to prognosticators of insurmountable challenges of the owner-operator model; Driverless trucks: income opportunity?; Insurance: "we've got to stop this bill dead."
After a truck payment, insurance is often the biggest fixed cost for owner-operators, particularly those running under their own authority.
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