What is the estimated cost for insurance policies for a Learningrx micro franchise?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
TED INITIAL INVESTMENT**
YOUR ESTIMATED INITIAL INVESTMENT: SINGLE CENTER
| Type of Expenditure(1) | Satellite Location Population Varies in 10-mile radius | Micro Franchise “under” to below 100k in 10-mile radius | Standard Franchise 100k plus in 10-mile radius | To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Franchise | $5,000 | $30,00 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–22)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, the estimated cost for insurance policies for a micro franchise is $2,000. This figure is part of the initial investment needed to start the franchise.
Learningrx requires franchisees to maintain specific insurance policies, naming both the franchisee and Learningrx Franchise Corporation as insured parties. The required coverage includes property insurance, general and professional liability, corporal punishment coverage, hired and non-owned auto liability, and child sex abuse and molestation coverage. The FDD also recommends an Umbrella Liability policy. Full details on the required insurance can be found in Learningrx's Operations Manual.
Prospective franchisees should factor this $2,000 estimate into their initial budget. It is important to note that this is just an estimate, and the actual cost may vary depending on the insurance carrier and specific coverage details. Franchisees should consult with insurance professionals to obtain accurate quotes and ensure they meet all of Learningrx's insurance requirements.