According to Even Hotels' 2025 Franchise Disclosure Document, the insurance requirements for franchisees are detailed in specific sections of the License Agreement and the EVEN Hotels Minimum Technical and Operational Standards (MTSS). Item 9 of the FDD provides a table outlining the franchisee's obligations and cross-references the relevant sections in the License Agreement and MTSS. \Specifically, the table indicates that the insurance obligations are found in Sections 8.B and 8.C of the License Agreement, as well as Section 2.1 of the MTSS. These sections collectively outline the types and amounts of insurance coverage that Even Hotels franchisees must maintain throughout the term of their franchise agreement.

For a prospective Even Hotels franchisee, this means carefully reviewing these sections to understand the full scope of their insurance obligations. This includes understanding the required coverage types (such as general liability, property, and workers' compensation), the minimum coverage amounts, and any specific endorsements or policy provisions that Even Hotels mandates. Failing to maintain the required insurance coverage could result in a breach of the franchise agreement, potentially leading to penalties or even termination of the franchise.

It is also important for prospective franchisees to factor in the cost of insurance when evaluating the overall financial investment required to open and operate an Even Hotels franchise. Insurance costs can vary depending on factors such as location, property value, and the franchisee's risk profile. Therefore, obtaining quotes from multiple insurance providers is advisable to ensure competitive rates and adequate coverage. Consulting with an insurance professional experienced in the hospitality industry can also help franchisees navigate the complexities of insurance requirements and identify any potential gaps in coverage.