What is the minimum professional liability coverage required per incident for a Canine Dimensions franchise?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
other insurance as may be required by statute or rule in the state in which Fr
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, franchisees must maintain professional liability insurance coverage of at least $25,000 per incident. This coverage is intended to protect both the franchisee and Canine Dimensions from claims arising from professional services provided by the franchise.
This requirement means that a Canine Dimensions franchisee needs to secure an insurance policy that will cover individual claims up to $25,000. It is important for prospective franchisees to factor in the cost of this insurance when evaluating the overall investment and operating expenses of the franchise.
Franchisees should consult with insurance professionals to understand the specific types of incidents that would be covered under a professional liability policy and to ensure that the policy meets the requirements outlined in the Franchise Agreement and the Canine Dimensions operations manual. Additionally, franchisees should be aware of any potential increases to the minimum coverage requirements that Canine Dimensions may implement in the future.