Which Batteries Plus Bulbs Disclosure Document Items relate to insurance?

Based on the 2025 Batteries Plus Bulbs Franchise Disclosure Document, while there isn't a specific item dedicated solely to insurance, Item 13 addresses the use of trademarks and potential liabilities. Specifically, in the Minnesota Addendum, Batteries Plus Bulbs agrees to indemnify franchisees for damages they are held liable for in proceedings arising from the use of the "Batteries Plus" mark, provided the franchisee used the marks properly and notified Batteries Plus Bulbs of any claim within 10 days of becoming aware of it. However, this indemnification does not extend to franchisees residing outside of Minnesota who purchased a franchise to be located outside of Minnesota. Batteries Plus Bulbs retains sole control over any litigation involving the Licensed Marks.

This indicates that Batteries Plus Bulbs provides some protection to franchisees regarding trademark-related legal issues, but only under specific conditions and primarily for franchisees within Minnesota. Franchisees should be aware of the limitations of this indemnification and understand that it does not cover all potential liabilities or insurance needs.

Prospective franchisees should consult with an insurance professional to determine the appropriate types and levels of coverage needed to protect their investment and business operations, considering factors such as property damage, liability, and business interruption. Additionally, it would be prudent to discuss with Batteries Plus Bulbs what specific insurance requirements they mandate for franchisees to ensure full compliance and adequate protection.