Is there a specific insurance coverage that Stretch Zone requires franchisees to maintain?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
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 carry are:
Because the selection of the carrier, size of the Premises, location of the Premises, value of the leasehold improvements, amount of inventory, amount of wages and other related conditions vary considerably, it is difficult to estimate the ultimate cost for any given franchisee.
We base this estimate on the rates in effect in Florida.
The cost of workers' compensation insurance varies from state to state.
As discussed in ITEM 8, we require that you carry certain insurance specified in the Operations Manual.
We require you to use R.V.
Johnson Insurance as your Insurance Agent.
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 purchase specific insurance coverage. The precise types and minimum amounts of insurance that franchisees must carry are detailed in the Operations Manual. Stretch Zone mandates that franchisees obtain this insurance through R.V. Johnson Insurance as their Insurance Agent.
The FDD indicates that the cost of insurance can vary significantly based on factors such as the selection of the carrier, the size and location of the premises, the value of leasehold improvements, the amount of inventory, and the amount of wages paid. Due to these variables, it is difficult to provide an exact cost estimate for any given franchisee. The estimate provided is based on rates in effect in Florida, and it is noted that workers' compensation insurance costs differ from state to state.
Prospective Stretch Zone franchisees should carefully review Item 8 of the FDD and the Operations Manual to understand the specific insurance requirements, coverage amounts, and deductibles. They should also contact R.V. Johnson Insurance to obtain accurate quotes based on their specific circumstances and location. Understanding these insurance obligations is crucial for budgeting and managing the financial risks associated with operating a Stretch Zone franchise.