What are the minimum vehicle liability coverage requirements for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
You must obtain and maintain at all times during the term of your franchise the types of insurance policies or coverage and the minimum policy limits or maximum deductibles of any policy as specified in the Operations Manual (“Coverages”), which are apt to change from time-to-time. You must also maintain at all times all insurance policies as required by the law in which your Franchised Business is operated. You must name us and our affiliates, agents, representatives, shareholders, directors, officers and employees as additional insureds on all policies of insurance, and include a waiver of subrogation against these additional insureds. The following are our current minimum requirements for Coverages:
Type Coverage Comprehensive Liability Not less than $2,000,000 per occurrence Business Interruption As required by Franchisor Vehicle Liability Not less than $1,000,000 or as required by Franchisor Employer’s Liability Insurance As required by Franchisor; not less than $1,000,000 Umbrella Coverage Not less than $2,000,000 Worker’s Compensation As required by state law Primary and Noncontributory Endorsement
Blanket Contractual Liability Endorsement
Other As required by Franchisor
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 21–23)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, franchisees must maintain vehicle liability coverage. The minimum coverage required is not less than $1,000,000 per occurrence or as required by the franchisor.
In addition to vehicle liability, 1-800-GOT-JUNK? franchisees are required to maintain other insurance coverages, including comprehensive liability (not less than $2,000,000 per occurrence), business interruption, employer’s liability insurance (not less than $1,000,000), umbrella coverage (not less than $2,000,000), and worker’s compensation as required by state law.
1-800-GOT-JUNK? also requires that the franchisee names 1-800-GOT-JUNK? and its affiliates, agents, representatives, shareholders, directors, officers, and employees as additional insureds on all policies of insurance, and include a waiver of subrogation against these additional insureds. The FDD states that the types of insurance policies or coverage and the minimum policy limits or maximum deductibles of any policy are specified in the Operations Manual and are subject to change.