Franchise Business Insurance

Today, running a business is not as hard as it used to be, because many business franchises are currently available. You still need the startup money but when you buy a franchise you have a great deal of assistance and this helps people who don't know a lot about the aspects of operating a retail business. There are hundreds of franchises available and each one has its own unique risk factors to consider. In fact, if you don't have the right franchise business insurance, you might not be in business very long after just one financial setback. 


If you own a business which is franchised, then you have special insurance needs. The corporation takes care of many things but it is up to you to make sure your business risk factors are fully covered by insurance. Some of those minimum Insurance needs are highlighted in the FDD or Operations Manual. We help you understand those minimum needs as well educated you and insurer that we are protecting your investment.


Is your business part of a national chain of independent owners? If so, you need to protect it with franchise insurance. All franchisees need to be protected no matter what category you fall into.

  • Quick Service or Fast Casual restaurants - burger, pizza, sandwich shops, Chinese food, and others
  • Hotels / Motels
  • Service or Repair shops
  • Boutiques
  • Bars
  • Dine in restaurants
  • Cleaning services
  • Senior care or Home Healthcare
  • Travel
  • Retail
  • Gas stations / C-Store
  • Beauty salons
  • Security services


When you go into business you should consider a BOP as a basic policy. This stands for business owner's policy and covers issues like:

  • Commercial property
  • General liability
  • Theft
  • Building contents
  • Business equipment - including office equipment
  • Product liability insurance
  • Workman compensation
  • Employment practices insurance


Your additional insurance coverage choices will depend on the type of business you are in. Here are some possible options you may need:

  • Crime insurance
  • Employee healthcare insurance
  • Cyber liability coverage
  • D&O - directors and officers coverage
  • Loss of income
  • Equipment breakdown coverage
  • ENOL - employee non owned liability auto insurance
  • Umbrella liability - covers many liability issues that general liability may not cover, including libel, slander, and copyright issues.
  • Flood insurance
  • Earthquake insurance
  • Liquor liability (if you serve or sell alcohol)

Replacement cost insurance - will pay to rebuild your business if it is destroyed by a covered hazard.