Trucking Leased Owner/Operators Insurance

Trucking Leased Owner/Operators Insurance Program from Avant

Avant provides a focused insurance program for leased owner/operators. Designed for drivers and small fleets operating under a motor carrier’s authority, this program combines multiple coverages to satisfy contractual requirements and protect owner/operators’ assets and income. As an MGA, Avant places business with a variety of carriers so you can compete across most states with admitted and carrier-flexible options.

Ideal Accounts and Appetite

This program fits individual owner/operators and small fleets that lease equipment to motor carriers. Ideal accounts typically include long-haul and regional drivers with stable lease agreements and predominantly clean driving records. Avant can handle single-unit owner/operators up to small fleets; accounts with chronic violations, spotty hire/lease records, or high-frequency losses may be difficult to place.

Coverage Highlights and Advantages

Avant’s Trucking Leased Owner/Operators Insurance program bundles coverages commonly required by carriers and lease contracts. Highlights include:

• Physical Damage – Coverage for loss or damage to the insured’s vehicle, including comprehensive and collision options.
• Non-Trucking Liability (Bobtail/Unladen) – Liability protection when the truck is operated outside the motor carrier’s dispatch or control.
• Occupational Accident – Accident benefits for injury, death, and disability for owner/operators while working.
• Contingent Liability – Protects motor carriers from claims arising from independent contractors operating under their authority.
• Workers’ Compensation – Available where required or requested, including options for owner/operators classified as statutory employees in certain states.
• Deductible Buy-Back – Reduces owner/operator out-of-pocket exposure after a claim.

Example placements: you might have a driver who just signed a lease and needs Non-Trucking Liability and Occupational Accident to meet contract terms, or a small fleet owner who needs Physical Damage plus Deductible Buy-Back to protect cash flow after a loss. Avant’s markets and program structure make those placements straightforward for agents.

Underwriting Notes and Minimum Premiums

Underwriting favors clean driving histories, consistent lease agreements, and well-maintained equipment. Minimum premiums vary by coverage, state, and carrier—Avant’s underwriting team will review each account and recommend competitive, compliant solutions. Be prepared to provide driving records, lease agreements, vehicle schedules, and loss history when submitting applications.

Territories and Availability

This program is available in most U.S. states. Avant places business broadly, including AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY and DC. Contact Avant for state-specific admitted vs. non-admitted options and carrier availability.

Why Work With Avant?

Avant focuses on the leased owner/operator niche and provides agents with targeted markets, experienced underwriting, and responsive service. As an MGA, Avant streamlines quoting and binding across multiple carriers, helping you secure compliant placements and reduce time to bind. Their team supports agents through marketing, underwriting, and policy servicing so you can grow your trucking book with confidence.

Inquiries

Chase Daniels, Marketing Assistant  615-983-8986
Rob Parrett, VP, Marketing  321-752-6813   

Frequently Asked Questions

Need help placing an account? Connect with a market specialist.