What is the minimum general aggregate insurance coverage amount required for a Brueggers Bagels franchise?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
c accountant. We do not designate or approve vendors of accounting services.
Insurance. Before undertaking any activities in connection with your franchise or license, you must obtain insurance policies meeting our current requirements, at your expense. You must maintain general liability insurance against all types of liability, including comprehensive third party liability and product liability. We currently require minimum policy limits of $2,000,000 per occurrence,
$5,000,000 general aggregate, and $5,000,000 of umbrella coverage. This insurance must protect you, us, and our affiliates, officers, directors, owners, employees, successors and assigns against all claims for personal injury, death, or property damage, or any loss, liability or expense arising from the operation of your Bakeries. All insurance policies must be written by a carrier with an industry A. M. Best Rating of "A XV" or above. Liability policies must name us as an additional insured, and you must provide us with 30 days prior written notice of termination, expiration, or cancellation of the policy. Upon obtaining your policies and annually upon renewal of your policies and upon demand, you must provide us with certificates of insurance evidencing the proper types and at least the minimum amounts of coverage that we require.
We have the right to increase the amounts of coverage required and require different or additional kinds of insurance at any time, including excess liability insurance, to reflect inflation, new risks, changes in the law or standards o
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 25–29)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, franchisees must maintain specific insurance coverage amounts. Brueggers Bagels requires a minimum general aggregate insurance coverage of $5,000,000. Additionally, franchisees must have per occurrence coverage of $2,000,000 and umbrella coverage of $5,000,000.
This insurance coverage must protect Brueggers Bagels, its affiliates, officers, directors, owners, employees, successors, and assigns against claims for personal injury, death, property damage, loss, liability, or expense arising from the operation of the Bakeries. The insurance policies must be written by a carrier with an A. M. Best Rating of "A XV" or above. Brueggers Bagels must be named as an additional insured on the liability policies, and the franchisee must provide 30 days' prior written notice of termination, expiration, or cancellation of the policy.
Brueggers Bagels retains the right to increase the required coverage amounts or require different or additional kinds of insurance at any time, including excess liability insurance, to reflect inflation, new risks, changes in the law or standards of liability, higher damage awards, or other relevant changes in circumstances. Franchisees must provide certificates of insurance evidencing the required coverage upon obtaining and annually renewing their policies, and upon demand.