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An owner operator with their own authority

Discussion in 'Ask An Owner Operator' started by PMETRUCKS, Jan 26, 2024.

  1. Jan 26, 2024 #1
    PMETRUCKS

    PMETRUCKS Bobtail Member

    1
    0
    Jan 26, 2024
    0
    Hey guys! First time poster, long-time trucking guy.

    As an asset-based carrier, we are accepting owner operators to drive for our company based in NJ. One of the things that came across my path was an owner who has their new authority but wants to run under our authority while theirs matures. How does this usually work? Is there a way for them to keep to their insurance while running under our authority? Is there any other stipulations I should be made of aware of before I bring him on?

    Thanks in advance guys! Looking forward to see what responses we get here.

    Michael G
    PME Trucking
    www.pmetrucks.com
     
    PMETRUCKS, Jan 26, 2024
    PMETRUCKS, Jan 26, 2024
    #1
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  3. Jan 26, 2024 #2
    xsetra

    xsetra Road Train Member

    5,092
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    Aug 21, 2011
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    Anyone can pay the premium for policies an Insurance company will sell.
    Him keeping insurance while he works under your policy and authority should be ok.

    Some insurance companies don't like the shared liability he would have as the driver/truck owner.
    Just talk to your agent and verify.
     
    xsetra, Jan 26, 2024
    xsetra, Jan 26, 2024
    #2
    Freddy57 Thanks this.
  4. Jan 26, 2024 #3
    Ridgeline

    Ridgeline Road Train Member

    22,101
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    Dec 18, 2011
    Michigan
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    Don't.

    Just don't.
     
    Ridgeline, Jan 26, 2024
    Ridgeline, Jan 26, 2024
    #3
  5. Jan 27, 2024 #4
    Judge

    Judge Road Train Member

    12,854
    84,390
    Mar 19, 2014
    Arkansas
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    I wouldn’t.

    Get into a lot of headaches.
    If something happens it’ll be in your insurance, he leaves goes to his which is sitting idle paying 750k minimum and that’s it.

    But it’s up to you, I’d call.
    DOT Leasing Regulations - OOIDA
     
    Judge, Jan 27, 2024
    Judge, Jan 27, 2024
    #4
    Vampire Thanks this.
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