From which insurance company did Clear Pest Pros secure the surety bond?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
All policies will be written by an insurance company(ies) that is/are licensed in the state in which you are doing business, and that has an A.M. Best rating of "A" or better. Currently, you are not obligated by the terms of this Agreement to purchase your insurance from any specific provider, although we reserve the right to specify the specific provider that you must use in the future.
Source: Item 22 — CONTRACTS (FDD pages 67–68)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Clear Pest Pros does not specify from which insurance company they secured their surety bond. However, the document does state that all insurance policies must be written by an insurance company that is licensed in the state in which the franchisee is doing business and has an A.M. Best rating of "A" or better.
While Clear Pest Pros does not mandate that franchisees purchase insurance from a specific provider, they retain the right to specify a particular provider in the future. Franchisees are responsible for ensuring they maintain the minimum required insurance coverage, and it is their responsibility to evaluate whether these minimums adequately meet their needs.
Prospective franchisees should inquire directly with Clear Pest Pros about any preferred or required insurance providers and the details of any surety bond requirements during their due diligence process.