Does the insurance maintained by Floyds 99 limit the franchisee's obligation to obtain and maintain their own insurance?

According to Floyds 99's 2025 Franchise Disclosure Document, the franchisee's obligation to obtain and maintain insurance is not limited by any insurance maintained by Floyds 99. The franchisee is required to procure and maintain specific levels of liability insurance, unemployment and worker's compensation insurance, employment practices liability insurance, all-risk personal property insurance, and cyber liability insurance.

The franchisee must provide Floyds 99 with certificates of insurance before opening their shop, naming Floyds 99 as an additional insured and providing at least 30 days' written notice for any termination, amendment, or cancellation of the policies. The franchisee must also furnish copies of all required insurance policies or other evidence of coverage and premium payments as requested by Floyds 99. Floyds 99 retains the right to modify the required insurance types and coverage limits with 60 days' prior written notice.

If a franchisee fails to maintain the required insurance, Floyds 99 has the option, but not the obligation, to obtain the necessary insurance and charge the franchisee for the costs, including a fee for their expenses. These remedies are in addition to any other legal or equitable remedies available to Floyds 99. The franchisee's obligation to maintain insurance is not reduced or eliminated due to any insurance held by Floyds 99, and fulfilling this obligation does not relieve the franchisee of liability under the franchise agreement's indemnity provisions.