What is the required umbrella/excess liability insurance limit per occurrence for a Carbones Pizzeria franchise?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Commercial General Liability | $1,000,000 limit per occurrence $2,000,000 aggregate |
|---|---|
| Business Personal Property | Replacement cost coverage |
| Business Motor Vehicle | $1,000,000 combined single limit of liability per occurrence |
| Liability | $1,000,000 uninsured/underinsured motorist coverage |
| Workers’ Compensation | Policy limits pursuant to applicable state law |
| Umbrella/Excess Liability | $1,000,000 limit per occurrence $1,000,000 aggregate |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 13–14)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, franchisees are required to maintain umbrella/excess liability insurance. The required limit is $1,000,000 per occurrence, with an aggregate limit of $1,000,000.
This insurance coverage is designed to protect both the franchisee and Carbones Pizzeria from significant financial losses resulting from unforeseen events. The umbrella/excess liability insurance acts as an additional layer of protection above the other liability policies, such as the commercial general liability and business motor vehicle liability.
Prospective Carbones Pizzeria franchisees should factor the cost of this insurance coverage into their overall business expenses. It is important to shop around for the best rates and coverage options to ensure compliance with the franchisor's requirements while managing costs effectively. Franchisees should also understand the terms and conditions of the policy, including any exclusions or limitations.