What Does Owner Operator Mean?

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What does Owner Operator mean? Read on to discover the definition & meaning of the term Owner Operator - to help you better understand the language used in insurance policies.

Owner Operator

Owner Operator

An independent motor carrier who leases his or her vehicle, with driver, to another motor carrier, either on a permanent or a short-term basis. The owner-operator, rather than obtaining his or her own operating authority, operates under the authority of the trucking firm to which the vehicle is leased.

We hope the you have a better understanding of the meaning of Owner Operator.

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