The Independent Contractor Agreement Between an Owner/Operator Truck Driver and a Common Carrier Company or Organization establishes the terms under which an owner operator conducts transportation services in Michigan. This form delineates the responsibilities of both the Contractor and Carrier, including insurance requirements, invoicing procedures, and liability considerations. Key features include the requirement for the Contractor to maintain significant insurance coverage, the necessity of proper documentation for payment, and guidelines for the management of cargo claims. The form supports attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured agreement that addresses compliance with federal and state regulations. Users can fill out specific sections like names, addresses, and insurance details, and should ensure they clearly understand the contractual obligations outlined within. This form can be crucial for ensuring legal clarity and safeguarding interests in independent contractor relationships, particularly in the competitive trucking industry in Michigan.