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
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Commercial Insurance in the Expediting niche of trucking 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:
| Primary Commercial Auto Liability | $1,000,000 CSL |
| Cargo | $100,000 |
Watch a short video to learn about the difference between primary commercial auto liability and general liability.
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.
Primary Commercial Auto Liability costs much more because it insures 24/7.
Non-Trucking Liability costs much less because it’s only part time coverage.
Premiums vary WIDELY from state to state.
The premiums also vary widely between Primary Commercial Auto Liability and Non-Trucking Liability.
Obvious other factors such as:
all come into play.
Read our list of 10 tips to reduce your premiums.
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
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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.
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