When must a Bumper Man franchisee obtain all required insurance policies?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
e in writing.
At least two weeks prior to the date upon which we approve you to commence operation of your Bumper Business, you must obtain all required insurance policies. The insurance carrier must be rated A+ or better by A.M. Best Company and be authorized to transact business in the state where the Designated Area is located and the policies must: (1) include a waiver of subrogation provision or endorsement in favor of us; (2) be primary and non-contributory to any other insurance that we have procured for ourselves; and (3) provide for 30 days' prior written notice to us of any material modification, cancellation, or expiration of such policy. The endorsements must not contain language that limits the liability afforded to us to any amount less than the amount stated on the declarations page of each policy. No insurance policy will contain a provision that in any way limits or reduces
coverage for you in the event of a claim by us. 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 insurance coverage will include a separation of insureds provision. All insurance coverage will identify as an additional insured Bumper Man, Inc., 1432 Airport Blvd, Mesquite, TX, 75181.
As of the issuance date of this disclosure document, you are required to obtain the following insurance policies: (1) Garage Liability Insurance policy with a minimum each occurrence policy limit of $1,000,000; (2) Garage Keepers Insurance policy with a required limit per vehicle of $50,000; and (3) Commercial Vehicle Insurance policy with a combined single policy limit of $500,000. You must provide certificates of insurance, copies of insurance and other related documentation that we may request evidencing that you have the required insurance prior to beginning operation of your Bumper Business, annually upon the renewal of each policy and in the event of any change to any policy. We reserve the right to modify the insurance requirements at any time, and any such modifications will be described
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 18–20)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, a franchisee must obtain all required insurance policies at least two weeks before Bumper Man approves the commencement of operations for the Bumper Business.
The insurance carrier must have an A+ rating or better from A.M. Best Company and be authorized to conduct business in the state where the Designated Area is located. The policies must include a waiver of subrogation in favor of Bumper Man, be primary and non-contributory to any other insurance Bumper Man has, and provide 30 days' prior written notice to Bumper Man for any material modification, cancellation, or expiration. The endorsements must not limit Bumper Man's liability to less than the amount stated on the declarations page of each policy.
The required insurance policies include a Garage Liability Insurance policy with a minimum $1,000,000 limit per occurrence, a Garage Keepers Insurance policy with a $50,000 limit per vehicle, and a Commercial Vehicle Insurance policy with a combined single limit of $500,000. Franchisees must provide certificates of insurance, copies of insurance policies, and any other related documentation that Bumper Man requests before beginning operations, annually upon renewal, and in the event of any policy change. Bumper Man retains the right to modify these insurance requirements at any time, with any changes described in the Manual.