What is the address of the surety company providing the bond for Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
| Principal, and Travelers Casualty and Surety Company of America | a , lawfully doing business in the State of Washington, | | as Surety, are held and firmly bound unto the State of Washington | on, for the benefit of any interested person, in the sum of | | Address: | Surety: Travelers Casualty and Surety Company of America Address: One Tower Square Hartford, CT 06183 Harttord, C1 00183 Telephone: |
Item 5 of the Franchise Disclosure Document, Section 5.1 of the Franchise Agreement and Section 3.2 of the Multi-Unit Development Agreement are revised to include the following:
The Department has determined that we, the franchisor, have not demonstrated we are adequately capitalized and/or that we must rely on franchise fees to fund our operations. The Commissioner has imposed a requirement for us to maintain surety bonds under California Corporations Code section 31113 and 10 C.C.R. section 310.11.5 which must remain in effect during our registration period. Big Air Franchising, LLC has two surety bonds in California. The first surety bond is in the amount of $60,000.00 with Atlantic Specialty Insurance Company. The second surety bond is in the amount of $240,000 with Travelers Casualty and Surety Company of America. The bonds are available for you to recover your damages in the event we do not fulfill our obligations to you to open your franchised business. We will provide you with a copy of the surety bonds upon request.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, Travelers Casualty and Surety Company of America is one of the surety companies providing bonds. One address listed for Travelers Casualty and Surety Company of America is One Tower Square Hartford, CT 06183. It is important to note that Big Air Franchising, LLC has two surety bonds in California. One is with Atlantic Specialty Insurance Company and the other is with Travelers Casualty and Surety Company of America.
The surety bonds are required because the Department has determined that Big Air Trampoline Park has not demonstrated they are adequately capitalized and/or that they must rely on franchise fees to fund their operations. These bonds are available for franchisees to recover damages if Big Air Trampoline Park does not fulfill its obligations to open the franchised business.
Prospective franchisees should confirm with Big Air Trampoline Park which surety company and bond applies to their specific franchise agreement and verify the current contact information for that surety company. This is crucial for ensuring they have the correct details should they need to make a claim against the bond.