What is the minimum combined single limit for commercial automobile liability insurance that a Dryject franchisee must maintain?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
and Two Million Dollars ($2,000,000.00) general aggregate. Coverage must be written on an occurrence basis only, not claims-made;
- (iii) You shall maintain or cause to be maintained commercial automobile liability insurance against claims for personal injury, death or property damage occurring as a result of the maintenance or operation by You of any automobiles, trucks or other vehicles used in the operation of the Franchised Business
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, franchisees must maintain commercial automobile liability insurance with a minimum of $1,000,000.00 Combined Single Limit. This insurance covers claims for personal injury, death, or property damage resulting from the operation of vehicles used in the Dryject franchised business.
This requirement ensures that Dryject franchisees have adequate financial protection in case of accidents involving their business vehicles. The policy must be written on an occurrence basis, meaning it covers incidents that occur during the policy term, regardless of when the claim is filed.
Dryject also requires franchisees to maintain other insurance policies, including commercial general liability insurance and worker's compensation. Additionally, Dryject reserves the right to increase the minimum insurance limits or add new types of required coverage as detailed in the Operations Manual. Franchisees must provide certificates of insurance to Dryject at least ten days before opening their business to demonstrate compliance with these insurance requirements.