What is the required amount of Umbrella or Excess Liability Insurance that a Chicken Guy franchisee must maintain?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
e or higher policy limits. These policies shall include, at a minimum, the following for each Franchised Restaurant:
- (1) Comprehensive or Commercial General Liability Insurance, including coverage for bodily injury, personal injury, products liability, contractual liability, broad form property damage, nonowned automobiles, completed operati
Source: Item 23 — RECEIPTS (FDD pages 50–286)
What This Means (2025 FDD)
According to the 2025 Chicken Guy Franchise Disclosure Document, franchisees are required to maintain Umbrella or Excess Liability Insurance. This insurance must be in the amount of $3,000,000 per occurrence and $3,000,000 in annual aggregate.
The coverage must include the previously mentioned coverages as underlying policies. Furthermore, the coverage should follow form over general liability (including non-owned & hired liability), liquor liability, automobile liability, and employer's liability.
Chicken Guy also stipulates general insurance requirements that apply to each insurance policy the franchisee is required to maintain. Each policy must be specifically endorsed to provide that the coverages are primary and that any insurance carried by any additional insured is excess and noncontributory. The limits of each insurance policy must be exhausted before any benefits can be obtained under any other insurance, including self-insurance, providing coverage to Chicken Guy. The workers compensation policy must include a waiver of subrogation in favor of Chicken Guy.