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Opportunities
Insurance
OCCUPATIONAL ACCIDENT or WORKERS' COMPENSATION:
TCS requires that all single unit owner operators provide either occupational
accident insurance or workers’ compensation insurance to cover their operations
for TCS. Owner operators can meet this requirement through one of the following
three options:
- Obtaining occupational accident insurance coverage through Zurich American
Insurance Company (“Zurich”) in a program facilitated by TCS.
- Obtaining occupational accident insurance coverage that meets TCS’s minimum
requirements through a source other than Zurich (See below for Minimum Requirements).
- Obtaining workers’ compensation insurance coverage that meets TCS’s minimum
requirements. (See below for Minimum Requirements).
All Multiple Unit owner operators must have Worker’s Compensation insurance for
the state of operation or obtain the coverage through Triple Crown using Zurich.
The cost of this insurance varies by location.
Reserve Fund
The Reserve Fund is similar to a security deposit and is used to offset
any possible debits the owner operator has incurred at the time of
termination. The contractual requirement is $3000.00 with a minimum weekly
commission statement deduction of $50.00. Interest is paid quarterly
on this fund based on an interest rate equal to the U.S. Treasury Bill
rate. TCS will provide an accounting of the Reserve Fund.
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Owner / Operators
