Who must Byrider franchisees name as additional insureds on all required insurance coverage?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
For all required insurance coverage, you must: (a) name Byrider Franchising Partners and its designated affiliates as additional insureds; (b) ensure that each policy extends to and provides indemnity for all obligations assumed by you under the Franchise Agreement and all other items for which you are required to indemnify Byrider Franchising Partners under the Franchise Agreement; (c) ensure all such insurance coverage is primary to and non-contributory with respect to any other insurance purchased by Byrider Franchising Partners; and (d) provide, by endorsement, that Byrider Franchising Partners
is entitled to receive at least 30 days prior written notice of any intent to reduce policy limits, restrict coverage, cancel or otherwise alter or amend said policy.
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 36–40)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider franchisees are required to name Byrider Franchising Partners and its designated affiliates as additional insureds on all required insurance policies. This requirement ensures that Byrider Franchising Partners is protected under the franchisee's insurance coverage.
This means that any claims or liabilities arising from the franchisee's operations that could potentially affect Byrider Franchising Partners would be covered by the franchisee's insurance. Furthermore, the franchisee must ensure that each policy extends to and provides indemnity for all obligations assumed by the franchisee under the Franchise Agreement and all other items for which the franchisee is required to indemnify Byrider Franchising Partners under the Franchise Agreement.
In addition, the franchisee must ensure that all insurance coverage is primary and non-contributory with respect to any other insurance purchased by Byrider Franchising Partners. The franchisee must also provide Byrider Franchising Partners with at least 30 days' prior written notice of any intent to reduce policy limits, restrict coverage, cancel, or otherwise alter or amend the insurance policy. This allows Byrider Franchising Partners to take necessary steps to protect its interests in case of changes to the franchisee's insurance coverage.