You own the truck. You run the business. Your insurance should be built the same way — around one operator, one truck (or a few), and the freight you actually haul. Jump Trucking Insurance places owner-operator coverage with A-rated trucking markets, whether you run under your own authority or leased to a carrier.
Coverage Built Around How You Run
Running Under Your Own Authority
With your own MC number, you need the full stack: primary auto liability ($1M is the practical standard shippers demand), motor truck cargo for the freight, and physical damage for the truck itself. Federal filings (BMC-91) come with the liability policy — we handle them.
Leased to a Motor Carrier
Leased on, your carrier’s liability covers you under dispatch — but not off the clock. That’s where non-trucking liability and bobtail coverage come in, plus physical damage (your carrier doesn’t insure your truck) and occupational accident coverage for you.
What Drives Your Premium
- Authority age — new authorities pay more for the first 24 months; rates step down as you build history.
- Your MVR — a clean record is the single cheapest discount you’ll ever earn.
- Commodities and radius — reefer, flatbed, and long-haul each price differently.
- Truck value and deductibles — physical damage premium follows the stated value you choose.
Why Owner-Operators Choose Jump
We’re trucking-only brokers — a brand of Jump Insurance Services (CA License #0L75450). That means instant quotes for cargo and physical damage, same-day certificates when a broker demands proof, and a human who knows what a reefer breakdown endorsement is when you call.
Start your quote or call 855-586-7467 — most owner-operators get numbers the same day.
Owner-Operator Insurance FAQs
How much does owner-operator insurance cost?
Recent single-truck packages we placed ran $8,644–$10,700 per year for new authorities — for example, a new-venture Northeast dry van at $9,649/yr ($811/mo) and a Southern reefer owner-operator at $10,700/yr ($898/mo), each including liability, cargo, and physical damage. Experienced operators price lower. Your radius, commodities, driving record, and truck value all move the number — which is why quotes from multiple trucking markets matter.
What insurance do I need as an owner-operator with my own authority?
At minimum, federal law requires primary auto liability (usually $750,000, though most shippers and brokers demand $1 million). Most owner-operators also carry motor truck cargo, physical damage on the truck, and either occupational accident or workers’ comp coverage.
What if I’m leased to a motor carrier?
When you’re leased on, the carrier’s primary liability typically covers you under dispatch. You’re still responsible for your truck — physical damage, plus non-trucking liability or bobtail coverage for when you’re not under dispatch, and occupational accident coverage for yourself.
Can I get insured with a brand-new authority?
Yes. New-authority owner-operators pay more in years one and two, but we place new ventures every week. Clean MVRs, a reasonable truck value, and the right coverage structure keep the first-year number manageable — and we re-shop it as your authority matures.