What is the minimum amount of comprehensive general liability insurance per occurrence required for a Boulder Designs franchise?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ined by similar businesses in your general area to cover, at a minimum, all assets including inventory, furniture, fixtures, equipment, supplies and other property used in the
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, franchisees must maintain comprehensive general liability insurance, including products and contractual coverage, with a minimum of $30,000 per occurrence and a $30,000 general aggregate.
In addition to this comprehensive general liability insurance, Boulder Designs franchisees are also required to have "all risk" property insurance, general commercial liability insurance of at least $1,000,000 per occurrence with a $2,000,000 general aggregate, workers' compensation insurance, vehicle replacement insurance, and automobile liability coverage of no less than $1,000 combined single limit.
Boulder Designs retains the right to increase the minimum liability protection requirements annually to account for inflation, changes in liability standards, future damage awards, or other relevant changes. Franchisees must name Boulder Designs as an additional insured on all policies and provide certificates of coverage at least annually. Failure to provide these certificates allows Boulder Designs to purchase the insurance on behalf of the franchisee, with the franchisee responsible for immediate reimbursement of all expenses and premiums paid.
Prospective franchisees should carefully consider these insurance requirements as part of their overall investment and operating costs. It is advisable to consult with an insurance professional to ensure adequate coverage and compliance with Boulder Designs' requirements.