What is the minimum general aggregate amount required for comprehensive general liability insurance for a Boulder Designs franchise?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ggregate; and
- c) Comprehensive general liability insurance, including products and contractual, in an amount of not less than $30,000 per occurrences with a $30,000 general
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 20–22)
What This Means (2025 FDD)
According to Boulder Designs's 2025 Franchise Disclosure Document, franchisees must maintain comprehensive general liability insurance. The minimum general aggregate amount required for this insurance is $30,000. The policy must cover at least $30,000 per occurrence.
In addition to comprehensive general liability insurance, Boulder Designs franchisees are required to maintain other types of insurance, including "all risk" property insurance, general commercial liability insurance, workers' compensation insurance, vehicle replacement insurance, and automobile liability coverage. Boulder Designs also reserves the right to require cybersecurity insurance.
Boulder Designs must be named as an additional insured on all policies except for worker's compensation. All insurance policies must include a waiver of subrogation in favor of Boulder Designs and its affiliates, and a 30-day notice of cancellation directed to both the franchisee and Boulder Designs. These are minimum requirements, and Boulder Designs has the right to modify them. Franchisees should consult with their own insurance advisors to determine appropriate coverage and ensure they adequately protect their assets. Landlords and leases may also require additional or different coverage.