Who is the preferred insurance provider currently designated by Apricot Lane?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
All of your insurance policies must meet our standards and specifications stated in the Confidential Operations Manual.
Currently we have designated InterWest Insurance Services as our preferred provider.
After obtaining a quote for required insurance from InterWest Insurance Services you may solicit quotes from other insurance companies as well.
InterWest will then be given the right to match any other quotes and you are required to use InterWest Insurance Services if it provides competitive prices to you.
We do not collect any rebate for insurance sold to you by InterWest Service.
You must maintain insurance protecting you and COUNTRY VISIONS, their officers, directors, partners and employees against any loss, liability, personal injury, death or property damage or other expense connected with the Franchised Business, specifying COUNTRY VISIONS as an additional insured.
These policies must be written by an insurance company licensed in the State in which the Franchisee operates and having at least an "A" rating classification as indicated in Best's Key rating guide in accordance with standards and specifications stated in the Confidential Operations Manual or otherwise.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 17–20)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, InterWest Insurance Services is currently the brand's preferred insurance provider. However, franchisees are not obligated to use InterWest exclusively.
The FDD stipulates that franchisees must obtain a quote from InterWest Insurance Services for the required insurance coverage. After receiving this quote, franchisees have the option to solicit quotes from other insurance companies. InterWest is then given the opportunity to match any competitive quotes received from other providers.
Ultimately, the franchisee is required to use InterWest Insurance Services if they can provide prices that are competitive with other insurance companies. Apricot Lane does not receive any rebates for insurance sold to franchisees by InterWest Service. Franchisees must maintain insurance coverage that protects both themselves and Country Visions, including their officers, directors, partners, and employees, against any loss, liability, personal injury, death, property damage, or other expenses related to the franchised business, with Country Visions named as an additional insured. These policies must be written by an insurance company licensed in the state where the franchisee operates and have at least an "A" rating classification as indicated in Best's Key rating guide, in accordance with the standards and specifications stated in the Confidential Operations Manual or otherwise.