What is the minimum required coverage amount for Comprehensive Commercial Liability insurance (each occurrence) that a Stretch Zone franchisee must maintain?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
andise and miscellaneous supplies for your employees from Jocoba Marketing or other approved vendors.
SOCIAL MEDIA MANAGEMENT SOFTWARE
You must use SOCi for your social media management software.
INSURANCE
You must purchase certain insurance that includes the risks, amount of coverage and deductibles stated in the Operations Manual through R.V. Johnson Insurance as your Insurance Agent. The types and minimum amounts of insurance you must car
Source: Item 6 — ITEM -6 OTHER FEES (FDD pages 16–33)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, franchisees are required to maintain Comprehensive Commercial Liability insurance with a minimum coverage of $1,000,000 for each occurrence. This insurance coverage is a standard requirement for franchisees to protect against potential liabilities arising from accidents or injuries on the premises.
In addition to the Comprehensive Commercial Liability insurance, Stretch Zone also mandates other insurance coverages, including $1,000,000 for Damage to Rented Premises (each occurrence), $2,000 for Medical Payments (any one person), $1,000,000 for Personal and Advertising Injury, $5,000,000 for General Aggregate, and $5,000,000 for Products – Completed Operations Aggregate. These various insurance types and coverage amounts are designed to provide a comprehensive safety net for the business, covering a range of potential risks and liabilities.
Stretch Zone requires franchisees to obtain their insurance through R.V. Johnson Insurance as their Insurance Agent. The FDD indicates that the estimated cost for insurance ranges from $1,750 to $4,000, but this is based on rates in effect in Florida and can vary depending on factors such as the location and size of the premises, the value of leasehold improvements, and the amount of inventory and wages. Prospective franchisees should consult with R.V. Johnson Insurance to obtain an accurate quote based on their specific circumstances.