The Independent Contractor Agreement for owner operators with own authority needed in Kings establishes a formal relationship between a truck driver (Contractor) and a common carrier (Carrier). Key features include the responsibilities of the Contractor to transport goods using their equipment while ensuring compliance with insurance requirements and documentation. The agreement stipulates that the Carrier will handle freight charges and payment terms, requiring the Contractor to provide necessary documentation within specified timelines. It emphasizes the Contractor's liability for the goods transported and mandates insurance coverage levels. Additionally, it describes the process for settling cargo claims and highlights the independent contractor status of the Contractor. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear template for establishing contractual obligations and ensuring compliance with legal regulations related to transportation services.