Will Your Current Franchisee Insurance Cover You in the Event of a Loss?
Don’t wait until a lawsuit, loss or injury threatens everything you’ve built. Call us at (732) 649-1600 or request your free consultation online – because when it comes to business insurance, you deserve coverage that’s Blue Lion StrongTM.
On average, 70% of our insuramce reviews result in up to 30% savings on premiums, while improving coverage! We know that we can help you too!
Contact Blue Lion Insurance Advisors, LLC. today to:
- Right Insurance Coverage,
- at the Right Price
- With Superior Client Service!TM
Call us at (732) 649-1600 or Request a Quote Online
Why Do I Need An Insurance Review
Insurance needs can change over time, and without regularly assessing your needs or evaluating your current coverage for gaps in protection, you may find yourself uninsured at a time of loss.
Blue Lion Insurance Advisors, LLC. will help you evaluate your insurance program.
Just call (732) 649-1600 TODAY!
When you sit down with an insurance agent, you want to come prepared – and friendly. Here’s a conversational checklist of great questions to keep handy:
"What coverages are mandatory under my Franchise Disclosure Document (FDD)?"
Some franchisors require specific limits and lines – General liability, Workers’ compensation, E&O (professional liability), D&O, etc.
“Which policies protect me against claims from customers, vendors or employees?”
Ask about General Liability Insurance, Workers’ Compensation and Employment Practices Liability (EPLI).
“How does Commercial Property Insurance apply to my leased space—or if I own, my building?”
Clarify cover for fire, vandalism, equipment breakdown, business interruption and ordinance or law upgrades.
“Can you bundle my Business Insurance lines for a discounted premium?”
Bundling Liability insurance, Property, Inland Marine (for equipment in transit) and Commercial Auto can unlock package discounts.
“What additional coverage do franchisees typically need?”
Cyber insurance for data breaches, Key Person Insurance to protect against losing a vital team member, and D&O insurance if there’s a local management board.
“What are typical Commercial Auto Insurance rates in my area?”
Get sample quotes for delivery vans or company cars—especially “Commercial auto insurance rates in Middletown PA” if you’re nearby.
“How are my premiums calculated—and what risk factors drive them up or down?”
Location, payroll, square footage, loss history, years in business, number of customers on-site, and any hazardous operations.
“What’s my deductible vs. coverage limit on each policy?”
Understand both “per occurrence” and aggregate (annual) limits. Ask about buying a Commercial Umbrella policy to top up low limits.
“How do claims get handled, and what’s your average turnaround?”
Get specifics on your agent’s claims advocacy, preferred vendor networks and phone-in vs. online claim reporting.
“Can you tailor a package of Small Business Insurance for my franchise?”
Make sure you’re not over-insuring low-risk exposures—or under-insuring critical risks unique to your trade.
“What ongoing reporting or audits will I need to comply with?”
Some carriers require periodic loss runs, third-party audits or safety-program
certifications to keep rates stable.
“Do you offer a ‘pay-as-you-go’ or payroll-based Workers’ Compensation program?”
This can smooth cash flow if you have seasonal or fluctuating staffing.
“Are there any franchise-specific discounts or group programs?”
If your franchisor has a master policy or preferred-vendor arrangement you might qualify for lower rates.
“What’s covered under my Cyber Insurance?”
Confirm limits for data breach notification, ransomware response, network liability and regulatory fines.
“How often should we review my policies and premiums?”
Insurance needs evolve—annual reviews (or post-contract signings, new hires, major equipment purchases) are key.
What’s your current insurance situation? Any coverages you’re unsure about or gaps you suspect? Let us know and we can help you take the next steps!
