The Owner Driver Forum in Virginia includes an Independent Contractor Agreement designed for Owner/Operator Truck Drivers and Common Carrier Companies. This legally binding document outlines the terms of the working relationship, specifying responsibilities and liabilities of both parties involved in the transportation of goods. Key features include the requirement for liability and cargo insurance, processes for invoicing and payment within specified timeframes, and stipulations regarding the handling of freight shipments. The form is structured to facilitate clear communication and ensure compliance with federal regulations, protecting both the contractor and the carrier. Filling out this agreement is straightforward; users must provide their names, addresses, and details about insurance coverage, while ensuring all required documentation is included. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for establishing contractual relationships and ensuring legal protections are in place for parties engaged in freight transport. This document serves as a crucial tool to help maintain professionalism and mitigate risks associated with independent contractor operations.