factual

What is the minimum general aggregate limit required for comprehensive commercial general liability insurance for an Amorino franchise?

Amorino Franchise · 2025 FDD

Answer 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 amount of not less than $4,000,000 each occurrence (bodily injury and property damage) and $4,000,000 general aggregate. Each year Amorino may unilaterally modify the insurance minimum coverage requirements which may include an increase to the minimum coverage requirements to reflect changes in inflation or as market conditions warrant.
  • (4) In connection with any and all insurance that you are required to maintain under this Section, you and your i

Source: Item 22 — CONTRACTS (FDD pages 80–81)

What This Means (2025 FDD)

According to Amorino's 2025 Franchise Disclosure Document, franchisees are required to maintain comprehensive commercial general liability insurance. The minimum general aggregate limit for this insurance is $2,000,000.

In addition to the general aggregate limit, the insurance policy must also include specific limits for other aspects of liability coverage. These include a $2,000,000 products/completed operations aggregate, $1,000,000 for each occurrence, $1,000,000 for personal and advertising injury, $50,000 for fire damage legal liability, and a $5,000 medical expense limit for any one person.

Amorino retains the right to modify these minimum coverage requirements, potentially increasing them to reflect changes in inflation or market conditions. They will provide written notice to franchisees of any such changes. Franchisees must also ensure that their insurance policies include a waiver of subrogation against Amorino, providing evidence of this waiver to the company.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.