The Trucking Owner Operator Contract Sample for Owner in Illinois is a comprehensive agreement between a contractor (owner/operator truck driver) and a carrier company. This form outlines the terms and conditions under which the contractor agrees to transport goods using their own equipment for the carrier. Key features include detailed insurance requirements, including minimum coverage amounts for liability and cargo; payment terms outlining documentation needed for invoicing; and liability clauses that hold the contractor accountable for the property being transported. It specifies the independent contractor relationship, ensuring that both parties understand their duties, including the contractor's obligation to provide proof of delivery and maintain necessary insurance. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in drafting or reviewing contracts in the trucking industry, as it establishes clear legal relationships, expectations, and responsibilities between the involved parties. Users can fill out the agreement by specifying names, addresses, and particular terms in designated areas while ensuring compliance with federal and state regulations. This contract serves as a critical tool in managing the legal framework surrounding freight transportation.