Sample Contract Between Truck Owner And Driver For Insurance In Wake
State:
Multi-State
County:
Wake
Control #:
US-00434BG
Format:
Word;
Rich Text
Instant download
Description
The Sample Contract Between Truck Owner and Driver for Insurance in Wake outlines a comprehensive agreement between a contractor, typically the truck owner/operator, and a carrier (transportation company). This document clarifies the obligations of both parties regarding the provision of transportation services, including detailed insurance coverage requirements. The carrier is responsible for providing truck liability insurance of at least $1,000,000 and cargo insurance of no less than $250,000, ensuring adequate protection against potential claims. The contractor is also mandated to maintain their own insurance and to provide proper documentation for billing purposes within specified time frames. Key features include liability clauses for lost or damaged freight, communication protocols for delays, and the stipulation of an independent contractor relationship. This contract serves as a critical tool for attorneys, partners, and legal assistants involved in drafting or reviewing service agreements in the trucking industry, ensuring that all legal obligations are met and protecting the interests of both the contractor and carrier throughout their partnership.
Free preview
