Michigan Owner Operator PIP Truck Insurance Rates
Michigan Owner Operators are required to carry PIP, which inflates their truck insurance rate. PIP is Personal Injury Protection that an Owner Operator purchases as
Menu
Commercial Insurance for Straight Trucks and Box Trucks is very industry standard at this point. In other words, it’s hard to get a load if you can’t prove you have at least this coverage somewhere*:
| Primary Commercial Auto Liability | $1,000,000 CSL |
| Cargo | $100,000 |
* If the Owner Operator has “leased on” to a bigger Motor Carrier, then the Motor Carrier provides the Primary Commercial Auto Liability. Per contract, the Owner Operator is still responsible for providing “Non-Trucking Liability” which means he’s insuring himself while not operating on behalf of the Motor Carrier.
“Non-Trucking Liability” costs much less because it’s only part time coverage. (link)
“Primary” Commercial Auto Liability costs much more because it insures 24/7.
If the Owner Operator of the Straight Truck has chosen to obtain his own DOT number and operate under his own authority then he is responsible for “Primary” Commercial Auto Liability.
Have your drivers license and VIN number ready to get a fast commercial auto quote on your cargo van or sprinter.
The ladies at CIS love to chat, have many contacts and can give you a lot of free advice on which direction to go.
Michigan Owner Operators are required to carry PIP, which inflates their truck insurance rate. PIP is Personal Injury Protection that an Owner Operator purchases as
Occupational Accident insurance for Owner Operator Truckers is a supplemental insurance plan to help cover medical, death and disability claims resulting from on the job
What kind of commercial truck insurance does a FedEx Custom Critical Owner Operator need? Owner Operators hauling for the FedEx Custom Critical division are independent
We shop with multiple transportation insurance companies so whether you’re a new start up, owner operator or an established motor carrier, we have a competitive insurance package for you.
©2023. Commercial Insurance Solutions. All Rights Reserved.