The Truck Owner Operator Contract Sample With Insurance in Virginia serves as a formal agreement between a truck driver (Contractor) and a common carrier company (Carrier). Key features of this document include the stipulation that the Contractor is responsible for transporting goods using their own equipment, while the Carrier provides essential insurance coverage, including truck liability and cargo insurance. Filling and editing instructions highlight the need for accurate documentation such as bills of lading and invoices within specified timelines, fostering accountability between the parties. Use cases relevant to the target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, emphasize its importance in establishing legal relationships, liability coverage, and compliance with federal regulations. By outlining the terms of service, payment agreements, and insurance obligations, this contract aids in mitigating risks associated with freight transportation and facilitates secure operations for both parties involved.