What is the minimum coverage amount required for Business Automobile Liability insurance, including owned, leased, non-owned, and hired automobiles, for a Better Blend franchise?

According to Better Blend's 2024 Franchise Disclosure Document, franchisees must maintain Business Automobile Liability insurance. This insurance must cover owned, leased, non-owned, and hired automobiles. The minimum coverage amount required is $1,000,000.

This requirement ensures that Better Blend franchisees have adequate financial protection in case of an accident involving a vehicle used for the business. The coverage extends to various types of vehicle usage, including vehicles the franchisee owns, leases, or hires, as well as those not owned by the business but used for business purposes.

Franchisees should verify with their insurance provider that the policy meets all the requirements outlined in the Franchise Disclosure Document and the Better Blend manual. Maintaining the required insurance coverage is a critical aspect of fulfilling the franchise agreement and protecting both the franchisee and the Better Blend brand from potential liabilities.