What is the minimum required amount for Automobile Insurance that a Marble Slab Creamery franchisee must maintain?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
liability for your insurance are as follows:
| TYPE | MINIMUM AMOUNT |
|---|---|
| General Liability Insurance | $1,000,000 ($2,000,000 annual aggregate) |
| Automobile Insurance | $1,000,000 |
| All-Risk Property Insurance | Equal to replacement costs |
| Business Interruption Insurance | $1,000,000 or actual loss sustained |
| Umbrella Liability | $1,000,000 |
| Workers' Compensation | Statutory |
| Employer's Liability | $500,000 |
| Employment Practices Liability | $1,000,000 |
| Insurance Required |
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 43–49)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, franchisees are required to maintain automobile insurance with a minimum coverage amount of $1,000,000. This insurance coverage must be kept in full force and effect throughout the entire term of the Franchise Agreement.
This requirement ensures that Marble Slab Creamery franchisees have adequate financial protection in the event of an accident involving a vehicle used in the operation of the business. This coverage can protect against liabilities arising from property damage, personal injury, or death caused by a vehicle-related incident.
It is important for prospective franchisees to factor this insurance cost into their overall business expenses. Franchisees should consult with insurance professionals to obtain appropriate coverage that meets the franchisor's requirements and adequately protects their business interests. The specific details of the required insurance policies are further outlined in the Marble Slab Creamery manuals.