The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization outlines the terms and conditions for an owner/operator to provide transportation services using their own equipment. It highlights key responsibilities, including insurance coverage requirements, payment processes, and liability clauses. The contract requires the contractor to maintain adequate insurance and provide necessary documentation within specified timeframes. Essential clauses protect both parties, detailing the contractor's obligations and rights regarding cargo claims and payment collections. It also stipulates that the relationship remains as independent contractors, with provisions against soliciting the carrier's customers. This form serves legal professionals such as attorneys, paralegals, and legal assistants, by offering a structured agreement essential for regulating contracts in the transportation industry, ensuring compliance with state regulations. Associates and partners may benefit from a clear understanding of their roles and liabilities under the agreement, which facilitates smoother operations between carriers and contractors in Michigan.