How often can Amorino modify the insurance minimum coverage requirements?

According to Amorino's 2025 Franchise Disclosure Document, Amorino has the right to modify the minimum insurance coverage requirements on an annual basis. Specifically, Amorino may unilaterally change these requirements each year, which could include increasing the minimum coverage amounts. These adjustments can be made to reflect changes in inflation or as market conditions warrant.

For a prospective Amorino franchisee, this means that the cost of insurance could potentially increase each year as Amorino adjusts the minimum coverage requirements. It is important to factor in potential insurance cost increases when projecting operating expenses. Franchisees should discuss with Amorino what factors might trigger an increase in minimum coverage requirements.

This type of unilateral modification is not uncommon in franchising, as franchisors need to ensure adequate protection for the brand and the franchise system as a whole. However, franchisees should be aware of this provision and budget accordingly for potential increases in insurance costs over time.