The Independent Contractor Agreement outlines the terms between a contractor, typically an owner/operator truck driver, and a carrier company. Key features of this form include the obligations for both parties regarding transportation services, insurance requirements, and payment terms. The document specifies that the contractor must maintain certain levels of liability and cargo insurance and mandates prompt documentation submissions for payment processing. Additionally, it emphasizes the independent contractor relationship, highlighting the contractor's responsibility for their drivers and equipment. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the transportation sector, as it provides a clear framework for managing contracts and expectations between trucking operators and carriers. Legal professionals can use this form to ensure compliance with federal and state laws while safeguarding both parties' rights and remedies. The agreement can be filled out by entering specific details such as business names, addresses, and relevant insurance particulars, while it can be edited to suit unique contractual terms or business conditions.