What is the minimum liability protection required for the automobile liability and property damage insurance covering vehicles used in the operation of an Itan Salon?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
d personal injury insurance for bodily and personal injury or death caused by or occurring in connection with any treatments received or products purchased at your Salon that are not covered by your general liability insurance, with minimum liability protection of $1,000,000 combined single limit per occurrence and $2,000,000 in the aggregate;
- (d) automobile liability and property damage insurance covering all loss
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, franchisees are required to maintain automobile liability and property damage insurance for all vehicles used in the operation of their salon. This insurance must cover any loss, liability, claim, or expense resulting from the use, operation, or maintenance of vehicles owned, leased, or used by the franchisee, their officers, directors, employees, partners, or agents. The minimum liability protection required is $1,000,000 combined single limit per occurrence.
This requirement ensures that Itan franchisees have adequate financial protection in case of accidents or damages involving vehicles used for business purposes. The $1,000,000 minimum coverage is designed to cover potential liabilities arising from bodily injury or property damage caused by vehicle-related incidents. Franchisees should review their insurance policies to confirm that they meet or exceed this minimum requirement.
It is important for prospective Itan franchisees to factor in the cost of this insurance coverage when evaluating the overall investment and operating expenses of the franchise. Failing to maintain the required insurance coverage could result in a breach of the franchise agreement and potential legal and financial repercussions for the franchisee.