When must I obtain insurance for my Beverly Anns Cookie franchise, and through whom can I purchase it?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
nsurance
You may purchase your required insurance through our affiliate, Kona Insurance. You must obtain your insurance prior to picking up your GRM/GRT. Your insurance will be approximately $1,500 to $2,100 for three months of coverage but may depend on various factors, including your location and whether you
have had prior issues or claims from previous operations. These initial amounts may be paid up to three weeks following issuance, depending on state law. Your rates may be significantly higher if you have had prior issues or claims from previous operations. These payments are uniform and nonrefundable.
Source: Item 5 — INITIAL FEES (FDD pages 13–15)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, you must obtain insurance prior to picking up your GRM/GRT (presumably, a mobile retail unit). You can purchase this required insurance through Beverly Anns Cookie's affiliate, Kona Insurance.
The insurance will cost approximately $1,500 to $2,100 for three months of coverage. However, the actual cost may vary based on factors such as your location and any prior issues or claims from previous operations. If you have a history of claims, your rates may be significantly higher.
The initial insurance payment may be paid up to three weeks following issuance, depending on state law. These payments are uniform and nonrefundable.