It’s not a pleasant thought, but what if something does go wrong while you’re on the road? Even the industry’s best drivers need to think about their insurance options as owner-operators. Continue reading for a brief overview of OOIDA insurance and how it can help you. Once you sign up, you’ll be driving care-free in no time!
An Introduction to OOIDA
The Owner-Operator Independent Drivers Association (OOIDA) offers small business drivers a variety of cost-effective insurance plans. The organization’s main goal since 1973 has been to fight for the rights of professional drivers like you!
OOIDA’s founders created this association when they became frustrated with the state of the trucking industry in the early ’70s. They realized that in order to influence lawmakers, they had to unite as a group. Hence the OOIDA was formed. Headquartered in Kansas City, the OOIDA continues to assist owner-operators, professional drivers, and smaller fleets as they face industry problems.
Now that you know a little bit about the OOIDA and its mission, we’ll move onto some of the benefits that its members enjoy.
In addition to protecting the rights of truckers around the country, the OOIDA also provides several inexpensive truck insurance plans. OOIDA insurance plans strive to save you money by offering monthly payment options instead of costly lump-sum payments and added costs.
Additional perks of choosing OOIDA insurance include:
- Advice from industry experts
- Many different coverage options
- Competitive rates and discounts
- Direct underwriting
- No secret renewal terms
- New truck rebates
Additional OOIDA Benefits
The OOIDA’s Medical Benefits Group offers affordable health and life benefits for truckers and their families. Each of the benefits offered is selected specifically for members to meet their needs. Some of these plans include dental and vision care, life insurance, and occupational accident coverage.
The OOIDA Retirement Plan is designed to meet the needs of small-business truck drivers. Regardless of who you drive for, this plan helps you start saving for retirement. This plan offers time-flexible saving options and tax-deductible contributions of as much as $12,000 a year!
Business assistance is another benefit that OOIDA members enjoy. The organization will happily share its expertise to help drivers navigate difficult issues within the trucking industry. Trucking professionals are available daily to answer questions regarding anything from safety tips to federal regulations.
So, Is OOIDA Insurance the Right Choice for You?
So far, we’ve covered the many benefits and services of the OOIDA. These include OOIDA insurance, health care coverage, retirement savings, and business advice. In addition to these benefits, members also have access to discounts, identity theft management and resolution services, and drug and alcohol testing. This brief overview gives you an idea of what you can expect from working with the OOIDA, so now it’s time to do some of your own research.
You can do some more research online and also ask your friends in the industry about the insurance plans that they have. You want to focus on finding an organization that will fit your personal needs as a driver. So, start utilizing your connections to discover if signing up for OOIDA insurance really is the best option for you. Best of luck, and drive safely out there!
Do you have experience with OOIDA? What are your thoughts on the quality of their benefits and services? Is there another provider you would recommend instead? Help your fellow drivers out by sharing your experiences in the comments section below!