If Crawlspace Medic procures insurance on behalf of the franchisee, what costs is the franchisee responsible for?

Based on the 2024 Crawlspace Medic Franchise Disclosure Document, while the document discusses insurance requirements and the franchisee's responsibility for maintaining safety and security, it does not explicitly detail the costs a franchisee would be responsible for if Crawlspace Medic procures insurance on their behalf.

Item 12.4 states that the franchisee is solely responsible for the safety and security of the Franchised Business location and vehicle(s), Franchisee's personnel, customers, agents and the general public. All matters of safety and security are within Franchisee's discretion and control, and Franchisee's indemnification obligations set forth in Section 15.6 apply to any claims made against Franchisor regarding safety or security.

To fully understand the financial implications, a prospective Crawlspace Medic franchisee should inquire directly with the franchisor about the specific costs associated with insurance procurement by Crawlspace Medic. This includes premiums, deductibles, and any administrative fees. Understanding these costs is crucial for accurate financial planning.