What is the coverage limit for 'Theft of Customer Property (from other than insured)' under the additional coverages provided by Anago?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| General Aggregate Limit | $2,000,000 |
|---|---|
| Per Occurrence Limit | $1,000,000 |
| Products and Completed Operations | $2,000,000 |
| Personal and Advertising Injury Limit | $1,000,000 |
| Medical Expense | $15,000 |
| Hired & Non-Owned Auto Liability (HNO |
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the coverage limit for 'Theft of Customer Property (from other than insured)' is $15,000. This coverage is part of the additional coverages that Anago franchisees may have as part of their insurance policy.
This means that in the event of theft of a customer's property, where the theft was not committed by the insured franchisee or their employees, the insurance policy would cover up to $15,000 in losses. It is important for prospective franchisees to understand the scope and limitations of this coverage, as it defines the extent to which they are protected against such incidents.
Franchisees should carefully review their insurance policies to ensure they understand the terms and conditions of this coverage, including any deductibles or exclusions that may apply. It is also important to consider whether this coverage limit is sufficient for their specific business needs, taking into account the value of the property they may be cleaning or servicing. If a franchisee believes that $15,000 is not adequate, they may want to explore options for increasing their coverage limits or obtaining additional insurance to protect against potential losses.