Who determines the required insurance coverage for a Cordova franchise?

According to Cordova's 2025 Franchise Disclosure Document, Cordova determines the required insurance coverage that a franchisee must maintain. Specifically, the franchisee must maintain insurance coverage that Cordova requires. This is a fairly standard practice in franchising, as franchisors need to ensure brand consistency and protect the overall network from liability.

For a prospective Cordova franchisee, this means that you will need to obtain and maintain specific insurance policies as dictated by Cordova. The FDD does not specify the types or amounts of coverage required, but these details are typically outlined in the franchise agreement or operations manual. It is important to carefully review these requirements to understand the costs and obligations associated with insurance.

Failure to maintain the required insurance coverage could be considered a breach of the franchise agreement and could potentially lead to termination of the franchise. Therefore, it is crucial to comply with Cordova's insurance requirements throughout the term of the franchise agreement.