What evidence of insurance is required to be submitted to IHG before starting construction of an Even Hotels location?

According to Even Hotels' 2025 Franchise Disclosure Document, before starting construction of a new hotel, the franchisee must submit evidence of insurance to IHG as required under the license agreement. While the FDD excerpt specifies that evidence of insurance is required before construction begins, it does not detail the specific types or amounts of insurance coverage required at this stage.

However, the FDD does outline insurance requirements that must be met before the Hotel opens. Licensee must submit to IHG all certificates of insurance (and copies of insurance policies if requested by IHG) as required under the License. These include employer's liability with minimum limits of $1,000,000 per occurrence, worker's compensation insurance, employment practices liability insurance with a limit of $1,000,000 in the aggregate, liquor liability insurance with single limit coverage of at least $15,000,000 per occurrence, and commercial general liability insurance and business automobile liability insurance with single-limit coverage of at least $15,000,000 per occurrence.

Because the specific insurance requirements prior to construction are not detailed, a prospective Even Hotels franchisee should consult the license agreement and/or directly ask the franchisor for clarification on the types and amounts of insurance coverage required before commencing construction. Understanding these requirements is crucial for budgeting and ensuring compliance with the franchise agreement.