What is the minimum automobile liability limit per occurrence required by Craters & Freighters?

According to Craters & Freighters's 2025 Franchise Disclosure Document, franchisees must maintain automobile liability insurance with a minimum limit of $1,000,000 comprehensive per occurrence. This coverage applies to all vehicles used in the business, whether hired, owned, or non-owned.

This requirement ensures that Craters & Freighters franchisees have adequate financial protection in case of accidents involving vehicles used for business purposes. The $1,000,000 limit is a comprehensive amount, meaning it covers all potential liabilities arising from a single incident.

Automobile liability insurance is a standard requirement in the franchise industry, particularly for businesses that involve transportation or delivery services. The specific coverage amounts can vary depending on the nature of the business and the potential risks involved. Prospective Craters & Freighters franchisees should factor in the cost of this insurance when evaluating the overall investment and operating expenses of the franchise.