What is the minimum amount of business automobile liability coverage required for an Amorino franchise?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
least the types and minimum amounts of coverage specified below or as described within Amorino's written notice to you.
- (3) Such policies shall include, at the minimum, the following policies: (a) "all risk" or "special" property insurance covering all real and personal property and equipment on a replacement costs basis, including business interruption and extra expense insurance; (b) comprehensive commercial general liability insurance in an amount of not less than the following combined single limits: $2,000,000 general aggregate, $2,000,000 products/completed operations aggregate, $1,000,000 each occurrence, $1,000,000 personal and advertising injury, $50,000 fire damage legal liability, and $5,000 medical expense limit (any one person); (c) employers liability coverage in an amount not less than $500,000 per accident for bodily injury by accident, $500,000 policy limit for bodily injury by disease, and $500,000 per employee for bodily injury by disease; (d) business automobile liability coverage, including coverage of owned, non-owned, rented or hired vehicles with coverage in amounts not less than $1,000,000 combined single limit; (e) workers' compensation insurance for statutory limits, and (f) commercial umbrella coverage in an
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, franchisees must maintain business automobile liability coverage of at least $1,000,000 combined single limit. This coverage must include owned, non-owned, rented, or hired vehicles.
This requirement ensures that if a franchisee or their employees are involved in an accident while operating a vehicle for business purposes, there is sufficient coverage to protect against potential liability claims. The combined single limit means that the $1,000,000 limit applies to the total of bodily injury and property damage resulting from a single accident.
Amorino also has the right to modify these insurance requirements, potentially increasing the minimum coverage limits to reflect changes in inflation or market conditions. Franchisees will receive written notice of any such changes. It is important for prospective franchisees to factor in the cost of this insurance coverage when evaluating the overall investment and operating expenses of an Amorino franchise.