What is the minimum required automobile liability coverage per person for a Canine Dimensions franchise?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
, which includes product / completed operations insurance and an endorsement specifically covering cyber liability risks;
- 12.2.2 automobile liability for any vehicles used in the operation of the Franchised Business with minimum liability coverage (split limit) of Two Hundred Fifty Thousand Dollars ($250,000) per
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, franchisees are required to maintain automobile liability insurance for any vehicles used in the operation of the franchised business. The minimum liability coverage required is $250,000 per person. In addition to the per-person coverage, the policy must also include $500,000 per accident and $100,000 for property damage.
This insurance coverage protects both the franchisee and Canine Dimensions from potential financial losses resulting from accidents involving vehicles used in the business. It is important for prospective franchisees to understand these insurance requirements and factor the costs of obtaining and maintaining the necessary coverage into their business plan. Failing to maintain the required insurance coverage could result in a breach of the franchise agreement and potential legal and financial repercussions.
The franchisee is responsible for securing and maintaining these insurance policies at their own expense. The policies must be written by an insurance company that is satisfactory to Canine Dimensions and must adhere to the standards and specifications outlined in the franchise manual or other written communication from the franchisor. Furthermore, Canine Dimensions and its officers, directors, shareholders, partners, and employees must be named as "additional named insureds" on the franchisee's insurance policies.