What is the minimum property damage coverage required for Canine Dimensions franchisees' automobile liability insurance?

According to Canine Dimensions's 2025 Franchise Disclosure Document, franchisees are required to maintain automobile liability insurance with specific coverage limits. For property damage, the minimum required coverage is $100,000 for any vehicles used in the operation of the franchised business. This coverage is part of a broader automobile liability insurance requirement that also includes $250,000 per person and $500,000 per accident for bodily injury.

This insurance requirement is intended to protect both the franchisee and Canine Dimensions from potential financial liabilities arising from accidents involving vehicles used in the business. The franchisee must ensure that their insurance policy meets these minimum coverage levels to comply with the Franchise Agreement. Failure to maintain the required insurance coverage could result in a breach of the agreement.

Canine Dimensions also retains the right to modify these insurance requirements in the future. This could include increasing or decreasing the coverage amounts or requiring different or additional kinds of insurance. These changes may be influenced by factors such as inflation, the identification of new risks, changes in the law, or higher damage awards. Franchisees should stay informed of any changes to the insurance requirements to ensure they remain in compliance.

In addition to automobile liability, Canine Dimensions franchisees must also maintain other types of insurance, including comprehensive general liability, umbrella liability, employer's liability, and professional liability insurance. The specific amounts and terms of these policies are also subject to change at the discretion of Canine Dimensions.