When must certificates of insurance be delivered to the Landlord for a Big O Tires tenant?

According to Big O Tires' 2025 Franchise Disclosure Document, a franchisee must provide certificates of insurance to each party involved and any additional insured parties before taking possession of the leased premises. Furthermore, any renewals or extensions of these insurance policies or certificates must be delivered to the Landlord at least thirty (30) days before the expiration or termination of the existing policies.

This requirement ensures that the Big O Tires location is adequately insured from the moment the franchisee begins operations. The 30-day advance notice for renewals allows the Landlord to confirm continuous coverage and address any potential gaps or changes in the insurance policies.

For a prospective Big O Tires franchisee, this means securing the necessary insurance coverage well in advance of the store's opening. It also requires maintaining diligent records of insurance policies and their expiration dates to ensure timely renewal and submission of certificates to the Landlord. Failure to comply with these insurance requirements could result in a breach of the lease agreement.