1851

In the franchising industry, success is signaled by how well a franchise system follows the business model and processes outlined by the franchisor. Among the myriad things a franchisor must monitor that can potentially fall through the cracks: Insurance compliance. Insurance certificate tracking for each franchisee within a given brand&rsquo;s franchise system is a tall task that requires a level of diligence and proactivity that many growing brands understandably don&rsquo;t always have the bandwidth for.

Enter <a href="https://www.certmgmt.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=3-ways-franchisors-can-save-on-insurance-and-protect-franchisees-bottom-lines-2710968" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">EZ CERT</a>.&nbsp;

Doug Groves established the franchise insurance compliance management company precisely to meet this need he&rsquo;d identified in the industry and provide franchisors with a comprehensive solution to their insurance compliance needs. When it comes to selecting the proper insurance policy, Groves said, franchisors should be sure to follow the following guidelines to ensure they are investing in the best option available for their franchise systems.

Work With an Independent Insurance Agency To Ensure You&rsquo;re Getting the Best Rates

There&rsquo;s a lot of value in the peace of mind that comes from working with an independent agent, such as <a href="https://1851franchise.com/ezcertmgmt/" style="text-decoration-line:none" target="_blank">EZ CERT affiliate Program Insurance Group</a>.&nbsp;

While some companies are tied to specific insurance carriers like State Farm or Farmers, independent agencies have the ability to review policies and programs across a variety of platforms, giving them the ability to present franchisors with a broader range of more nuanced policy options to choose from.&nbsp;

&ldquo;In our work with our clients, <a href="https://1851franchise.com/ezcertmgmt/how-global-franchise-group-is-reaching-its-compliance-goals-with-ez-cert-2710720#mostRecent" style="text-decoration-line:none" target="_blank">we&rsquo;re invested in finding the best possible coverage option</a> to meet their needs, provider aside,&rdquo; Groves said. &ldquo;By not being tied to any specific carrier company, we&rsquo;re able to deliver the most tailored policy possible without other partnerships or outside influences playing a role to the great benefit of each of our clients.&rdquo;

Review Your Policies Annually To Reassess and Modify Where Necessary

Carving out the time to evaluate current policies and assess potential changes in coverage on an annual basis is strongly advised by Groves and EZ CERT.&nbsp;

&ldquo;At least once a year, franchisors should consult their insurance agent to comb through what coverage they have as well as inquire about what else is out there that their policy may not cover,&rdquo; Groves said. &ldquo;Doing so is the best way to make sure you&rsquo;re staying abreast of <a href="https://1851franchise.com/ezcertmgmt/why-active-shooter-coverage-remains-a-point-of-emphasis-for-insurance-advisors-2710866" style="text-decoration-line:none" target="_blank">emerging, potentially applicable insurance coverage options</a> to allow for any necessary adjustments in a timely manner, providing even more value to your franchisees, as a result.&rdquo;

Evaluating insurance coverage on a yearly basis also allows franchise brands to identify trends and potential areas of addition or adjustment and ultimately, remain confident in their coverage current coverage and protect franchisees&rsquo; bottom lines.

Work With an Industry Professional That Understands Your Brand&#39;s Specific Needs

&ldquo;You need a specialized insurance agent the same way you need a well-versed franchise attorney to write your FDD,&rdquo; Groves said. &ldquo;It&rsquo;s critical to work with someone who understands your specific industry and the rules and regulations that impact your bottom line.&rdquo;

Franchising is a complicated, nuanced industry, so working with an insurance professional is of paramount importance to safeguard every corner of your business. Keep in mind, each state and market potentially come with their own guidelines that both local franchise owners and their insurance agents should be cognizant of based on the nitty-gritty details of a given brand&rsquo;s specific model.

&ldquo;Doing so will help you ensure you&rsquo;re not opening yourself up to serious liability, or overinsuring, either,&quot; Groves concluded.

3 Ways Franchisors Can Save on Insurance and Protect Franchisees' Bottom Lines

1851 Franchise

EZ CERT president Doug Groves lays out the key steps franchisors should be taking to select the proper insurance policy for their franchisees’ needs—and budgets.

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

3-ways-franchisors-can-save-on-insurance-and-protect-franchisees-bottom-lines

Lindora

Celebrating the Nurse Behind the Mission: How Melinda Endricks Is Powering Lindora’s Growth and Impact Nationwide

celebrating-the-nurse-behind-the-mission-how-melinda-endricks-is-powering-lindoras-growth-and-impact-nationwide

Sola Salons

Sola Salons Targets Chicago for Strategic Franchise Growth

sola-salons-targets-chicago-for-strategic-franchise-growth

Melting Pot

Photo of Melting Pot white chocolate fondue

How Melting Pot Franchisees Drive Year-Round Success Through Strategic Promotions and Local Marketing

melting-pot-franchise-year-round-success

Crust Pizza Co.

Crust Pizza Co. - Technology Piece - CTO Nick Fontenot - May 2025 - 1851 Franchise

Crust Pizza Co. Builds the Future of Franchising With Tech-First Strategy

crust-pizza-co-technology-nick-fontenot-cto

Paris Baguette

Paris Baguette’s Recipe for Expansion: Leadership, Community and A Vision for 1,000 Cafés by 2030

paris-baguettes-recipe-for-expansion-leadership-community-and-a-vision-for-1000-cafes-by-2030

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands - 1851 Franchise

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands

doordash-acquistions-deliveroo-sevenrooms

Crumbl Franchise Investment - TSG Consumer Partners -  1851 Franchise

TSG Consumer Partners Takes Minority Stake in Crumbl, Signaling Franchise Growth Potential

crumbl-franchise-investment-tsg-consumer

Yum Brands Reports Strong Q1 Results with Big Boost from Taco Bell

yum-brands-reports-strong-q1-results-with-big-boost-from-taco-bell

QSR: McDonald’s Gains Momentum With Chicken Innovation, Value Deals and Franchisee Support

mcdonalds-franchise-recovery-chicken-strategy-value-deals-2025

The Future of Franchising: Trends and Predictions for 2025 and Beyond

the-future-of-franchising-trends-and-predictions-for-2025-and-beyond

District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

HTeaO Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-hteaos-franchise-costs-fees-profit-and-data

DonutNV Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-donutnv-franchise-costs-fees-profit-and-data

Photo of Happinest Brands vans and teams standing together

Happinest Brands Closes Strong Q1 With Strategic Growth, System-Wide Enhancements

happinest-brands-q1-2025-growth

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

Franchisee spotlight image with photo of Robert Trujillo and UWRG logo on blue background

How Robert Trujillo Expanded His Construction Business With UWRG

how-robert-trujillo-expanded-his-construction-business-with-uwrg

The Ultimate Guide to Selling Franchises: Building Your Brand’s Growth Machine

ultimate-guide-to-selling-franchises

3 Ways Franchisors Can Save on Insurance and Protect Franchisees' Bottom Lines

MORE STORIES LIKE THIS