Insurance running under someone's authority.

I've had guys lease on and find their own loads. BUT everyone using my authority had a lease. Single trip or Continuous.
Anyone running under a certain Authority has to have all the required paperwork processed. Drug screen, MVR, etc. etc.

 

the company i'am leased to pays half of the cargo ins an I pay half. I pay for bobtail, personal damage an non trucking liability ins.

 

I get paid by the mile loaded an empty. pulse fuel surcharge.

 

I've leased onto two companies. You have to use the same cargo / liability insurance as the entity with the MC number. The one I used my own bobtail cause it was cheaper, but the cargo / liability have to be the same as the MC number.

 

I just run myself now. When I had an office and staff. I charged 10% plus costs. Insurance, permits, fuel ....

 

Not sure how one run under someone else's authority and not be leased on. Can someone explain to me what trip leasing is? Isn't that a relic from regulated trucking prior to 1980 that doesn't even happen in this day and age? I'm leased to a company and they pay for the cargo and liability insurance. I pay for the bobtail/non-trucking liability.