What is the minimum combined single limit for automobile liability coverage for a Burros Fries franchise?

According to Burros Fries's 2024 Franchise Disclosure Document, franchisees must obtain automobile liability coverage, including coverage for owned, non-owned, and hired vehicles. The minimum coverage required is $100,000 combined single limit, or what is in accordance with your state guidelines.

This means that a Burros Fries franchisee needs to ensure they have an auto insurance policy that covers at least $100,000 per incident for any damages or injuries caused by vehicles used in the business, whether the vehicles are owned by the franchise, rented, or used by employees for business purposes. However, if the state in which the franchise operates requires a higher minimum liability coverage, the franchisee must comply with the state's requirements instead of the $100,000 specified by Burros Fries.

It is important for prospective Burros Fries franchisees to check with their insurance provider and understand the specific requirements for automobile liability coverage in their state to ensure they meet either the $100,000 minimum or the state-mandated minimum, whichever is higher. Franchisees must also provide evidence of insurance to Burros Fries from a responsible carrier or carriers acceptable to them.