Which exhibit to the Bumper Man Franchise Agreement outlines the required insurance coverage?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
mantown, WI 53022 | 414-808-4549 | | S. Milwaukee | Justin Castillo | 5602 S. Illinois Ave., Cudahy, WI 53110 | 262-629-2850 |#### EXHIBIT D TO FRANCHISE AGREEMENT
DESIGNATED AREA
| State | Effective Date |
|---|---|
| California | Pending |
| Hawaii | Not Registered |
| Illinois | Pending |
| Indiana | Pending |
| Maryland | Pending |
| Michigan | April 8, 2025 |
| Minnesota | Pending |
| New York | Pending |
| North Dakota | Pending |
| Rhode Island | Pending |
| South Dakota | Pending |
| Virginia | Pending |
| Washington | Pending |
| Wisconsin | Pending |
SCHEDULE D-1
MAP OF PREMISES
EXHIBIT E TO FRANCHISE AGREEMENT
INSURANCE REQUIREMENTS
The insurance requirements described below are for a single Bumper Business. All insurance policies must be issued by a responsible carrier or carriers that has received and maintains an A.M. Best Rating of A+ or better and be authorized to transact business in the state where the Bumper Business premises is located, and otherwise approved by Franchisor; include a waiver of subrogation provision or endorsement in favor of Franchisor Indemnitees; be primary and non-contributory to any other insurance that any of Franchisor Indemnitees for as procured for themselves; provide for 30 days' prior written Notice to Franchisor of any material modification, cancellation, or expiration of such policy. Such endorsements must not contain language that limits the liability afforded to Franchisor and its Affiliates to any amount less than stated on the declarations page of each policy. No insurance policy will contain a provision that in any way limits or reduces coverage for Franchisee in the event of a claim by Franchisor Indemnitees. Such insurance coverage will not include an insured versus insured exclusion or any exclusion that prevents coverage of a claim by one insured against another. All insuran
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, Exhibit E to the Franchise Agreement outlines the insurance requirements for a franchisee.
Exhibit E specifies that all insurance policies must be issued by carriers with an A.M. Best Rating of A+ or better, authorized to do business in the state where the Bumper Business is located, and approved by Bumper Man. The policies must include a waiver of subrogation, be primary and non-contributory to any other insurance, and provide 30 days' prior written notice to Bumper Man for any material changes or cancellation. The coverage should not limit liability to Bumper Man and its affiliates and must include a separation of insureds provision, identifying Bumper Man, Inc. as an additional insured.
The required insurance includes Garage Liability Insurance with a minimum policy limit of $1,000,000 per occurrence, Garage Keepers Insurance with a limit of $50,000 per vehicle, and Commercial Vehicle Insurance with a combined single policy limit of $500,000. Franchisees must maintain these insurance policies during the term of the Franchise Agreement, and failure to do so could result in a breach of contract.