Which Disclosure Document item covers the insurance requirements for a Counselor Realty franchise?

According to Counselor Realty's 2025 Franchise Disclosure Document, Item 7 contains information regarding insurance requirements. Specifically, the table provided in Item 11 cross-references the obligation to maintain insurance, as detailed in Section 8.2 of the Franchise Agreement, to Item 7 of the Disclosure Document. This indicates that prospective franchisees can find details about the required types and amounts of insurance coverage, as well as any related obligations, within Item 7 of the FDD.

This is a standard practice in franchise disclosure, as insurance requirements are a critical aspect of risk management and financial stability for both the franchisee and the franchisor. Item 7 typically outlines all initial costs and investments a franchisee must make to begin operations, and insurance is a recurring operational expense.

Therefore, any prospective Counselor Realty franchisee should carefully review Item 7 of the 2025 FDD to understand the full scope of their insurance obligations, including the types of coverage required (e.g., general liability, property, workers' compensation), the minimum coverage amounts, and any specific requirements related to the insurance provider or policy terms. Understanding these requirements is essential for budgeting and ensuring compliance with the franchise agreement.