The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization is designed for owner operators needed in Collin. This agreement establishes the relationship between a contractor, operating their own truck, and a carrier, detailing responsibilities such as transportation of goods, insurance requirements, documentation, and liability conditions. Key features include minimum insurance coverage specifications, invoicing processes, and expectations for timely communication regarding delivery issues. Filling out the form requires accurate details from both parties, and specific sections must be completed to ensure compliance with federal regulations. This agreement serves various use cases for attorneys, partners, owners, associates, paralegals, and legal assistants by providing a legal framework for contract enforcement and protecting both parties' interests. It also clarifies the independent contractor status, thus reducing potential disputes regarding employment classification. Completion of this form can strengthen business relationships, ensure regulatory compliance, and safeguard against liability claims in transport operations.