Does the Burros Fries FDD specify any insurance requirements for approved vendors?

The 2024 Burros Fries Franchise Disclosure Document does not specify any insurance requirements for approved vendors. However, the FDD does state that in approving any vendor or supplier, Burros Fries may consider factors such as the supplier's financial strength and capacity to supply franchisee's needs promptly, reliably, and cost-effectively.

While the FDD does not explicitly state insurance requirements for approved vendors, it does outline the franchisee's insurance obligations. Before opening a Burros & Fries Franchised Business, franchisees must purchase insurance coverage from a responsible carrier with a performance rating of A or higher, maintaining it throughout the franchise term. Franchisees must list Burros Fries as an additional insured on all policies. The required insurance includes general liability insurance with minimum limits of $2,000,000 per occurrence and $4,000,000 aggregate, covering general tort, premises damage, personal advertising injury, and product liability. Additionally, franchisees need property and casualty insurance with a minimum policy limit of $2,000,000 or an amount specified by Burros Fries.

Further insurance requirements for Burros Fries franchisees include "All Risks" or "Special Form" insurance for full replacement cost, employer liability insurance, automobile liability insurance with minimum coverage of $100,000, business interruption insurance for at least 180 days, and statutory workers' compensation insurance with limits greater than $100,000 or as required by law. A prospective franchisee should ask the franchisor for more details about vendor insurance requirements.