What does the plate glass insurance for a Gold Star restaurant cover?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
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Insurance.
Before opening your Restaurant, you must obtain, and maintain at all times during the term of your franchise agreement, the following insurance coverage:
- Special Perils Insurance including theft on the Restaurant to include but not limited to all furniture, fixtures, equipment, signs (attached and unattached), exterior glass, supplies and other property used in the operation of the Restaurant (including flood and/or earthquake coverage where applicable,) for the full repair and replacement value with no coinsurance clause or applicable agreed amount.
- Boiler machinery insurance, provided any Building on the Premises contains equipment of the nature ordinarily covered by such a policy
- Flood Insurance if any material portion of the Premises is located in an area identified in the Federal Register by the Federal Emergency Management Agency as having special flood hazards
- Plate glass insurance Covering the glass in the Premises.
- Commercial General Liability Insurance covering claims for bodily injury, property damage and personal injury, death, property and fire damage, and other damaging or injurious occurrences, with a minimum per occurrence limit of $1,000,000, $1,000,000 liquor liability per occurrence if applicable and a minimum general aggregate limit of $2,000,000.
- Commercial Umbrella $1,000,000 per occurrence, $1,000,000 aggregate. $5,000,000 per occurrence if liquor liability is applicable.
- Products/Completed Operations Aggregate with a minimum coverage of $2,000,000.
- Business Interruption Insurance for actual losses sustained or 12 months.
- Worker's Compensation Insurance and Employer's Liability (STOP GAP) that complies with the statutory requirements of the state in which the Restaurant is located and Employers' Liability Insurance with a minimum limit equal to or greater than the statutory minimum limit required by state law.
- Automotive $1,000,000 Combined Single Limit (CSL) for hired and non-owned automobiles.
- Any other insurance coverage that may be required by your lease.
- Recommended: Employment Practices Liabil
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 21–25)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, franchisees are required to obtain plate glass insurance to cover the glass in the premises of their restaurant. This insurance is one of several mandatory coverage types franchisees must secure and maintain throughout the term of their franchise agreement.
In addition to plate glass insurance, Gold Star mandates that franchisees carry special perils insurance, boiler machinery insurance (if applicable), flood insurance (if located in a flood zone), commercial general liability insurance, commercial umbrella insurance, products/completed operations aggregate coverage, business interruption insurance, worker's compensation and employer's liability insurance, and automotive insurance. The commercial general liability insurance must cover claims for bodily injury, property damage and personal injury, death, property and fire damage, and other damaging or injurious occurrences, with a minimum per occurrence limit of $1,000,000, $1,000,000 liquor liability per occurrence if applicable and a minimum general aggregate limit of $2,000,000. The franchisee must also carry Commercial Umbrella insurance of $1,000,000 per occurrence, $1,000,000 aggregate. $5,000,000 per occurrence if liquor liability is applicable.
Gold Star must be named as an additional insured franchisor on all insurance policies, which must include standard waivers of subrogation. Franchisees must provide Gold Star with certificates of insurance demonstrating compliance before commencing construction or opening their restaurant. Should a franchisee fail to maintain the required insurance coverage, Gold Star reserves the right to procure it on their behalf and charge the franchisee for the cost plus interest. Gold Star also retains the right to modify insurance requirements, such as increasing minimum coverage or requiring different types of insurance, with at least 30 days' written notice to the franchisee.