Agreement Owner Operator Form With Insurance In Franklin
State:
Multi-State
County:
Franklin
Control #:
US-00434BG
Format:
Word;
Rich Text
Instant download
Description
The Agreement Owner Operator Form with Insurance in Franklin establishes a contract between an independent contractor truck driver and a common carrier company. This document outlines critical responsibilities, including transportation of goods, insurance requirements, and invoicing protocols. Key features include the carrier's obligation to provide comprehensive truck liability and cargo insurance with prescribed coverage limits, while also detailing the contractor's insurance responsibilities. The form emphasizes the need for proper documentation including bills of lading, proof of delivery, and insurance certificates, ensuring the contractor is paid promptly upon submission of these documents. It also stipulates the contractor's liability for loss or damage during transportation in compliance with federal regulations. This form serves as a vital tool for legal professionals, including attorneys and paralegals, who assist with contract negotiations and compliance, as well as owners and operators in understanding their legal obligations and rights in the trucking industry. The clear guidelines help maintain professional standards and legal protection for all parties involved in transportation services.
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