Under what circumstances does the Bumper Man franchise agreement discuss insurance requirements?
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 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. Capitalized terms not defined in this Exhibit E have the meanings set forth in the Agreement.
Garage Liability Insurance
Garage Liability Insurance policy with a minimum each occurrence policy limit of $1,000,000.
Garage Keepers Insurance
Garage Keepers Insurance policy with a required limit per vehicle of $50,000.
Commercial Vehicle Insurance
Commercial Vehicle Insurance policy with a combined single policy limit of $500,000.
EXHIBIT F TO FRANCHISE AGREEMENT CERTIFIED TECHNICIAN ADDENDUM
CERTIFIED TECHNICIAN ADDENDUM TO BUMPER MAN FRANCHISE AGREEMENT
| This Certified Technician Addendum to Bumper Man Franchise Agreement ("Addendum") is effective as of, 20 (the "Effective Date") by and among Bumper Man, Inc. ("Franchisor"), and ("Franchisee"), ("Principal") and ("Certified Technician"). Franchisor, Franchisee, Principal and Certified Technician are collectively referred to as "Parties" in this Addendum.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, insurance requirements are discussed in several sections of the franchise agreement. Specifically, Section 13 and Exhibit E of the agreement outline the insurance policies a franchisee must obtain and maintain.
The agreement states that franchisees must maintain the insurance policies outlined in Exhibit E, which may be amended by Bumper Man from time to time. These insurance policies are independent of any indemnification obligations under the agreement. At least two weeks before the commencement date and 30 days before any policy expiration, the franchisee must provide evidence of insurance, including certificates and endorsements, to Bumper Man. Bumper Man has the right to inspect the actual policies for compliance.
Exhibit E details specific insurance requirements, including Garage Liability Insurance with a minimum $1,000,000 per occurrence limit, Garage Keepers Insurance with a $50,000 per vehicle limit, and Commercial Vehicle Insurance with a $500,000 combined single limit. All policies must be issued by carriers with an A.M. Best Rating of A+ or better and authorized to do business in the state where the Bumper Business is located. The policies must include a waiver of subrogation, be primary and non-contributory, and provide 30 days' notice to Bumper Man for any changes or cancellation. Bumper Man, Inc. must be identified as an additional insured on all coverage.
The franchisee acknowledges that the required coverages are minimum amounts and is free to buy additional coverage. The franchisee also acknowledges that they are not relying on Bumper Man to determine the necessary amount or type of insurance coverage and releases Bumper Man from any claims related to the procurement of insurance.