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Real Estate News Releases
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(EstateNewsWire.com, June 18, 2012 ) Alpharetta, Georgia – Insurance is about preparing for the worst, and all businesses need to be prepared for the unexpected to happen. Recent legal cases have highlighted the need for franchisors to have watertight, independent liability insurance to cover their relationships with their franchisees. No matter how rigorous a franchise agreement is, it is no longer enough, as several high-profile cases have shown. Franchisors have often had to bear the burden of astronomical costs, while also suffering severe - and often irreversible - reputational damage. Protection by way of franchise insurance is becoming a crucial tool in maintaining a positive franchise relationship and building a strong brand as franchisors look to avoid the most common forms of litigation, as well as protecting against the damages and losses associated with any business operation.
Several certificates of insurance do not guarantee the coverage desired or required by a franchise, and insurance coverage is often not consistent with the indemnification, breach of contract and misrepresentations clauses(to name but a few) contained in a franchise agreement. Insurance for franchises can help alleviate and protect against underlying problems before they happen. Professional liability insurance policies, for example, designed specifically for franchisors, protect a business against injury and damage to others arising from a franchisor’s actions, products and premises.
The LDPI Franchise Program, which is based in Alpharetta, Georgia, specializes in niche franchise insurance products and solutions. As an independent insurance agency licensed to provide insurance for franchises throughout the United States, The LDPI Franchise Program operates with many leading insurers to tailor insurance coverage for both franchisors and franchisees. The LDPI Franchise Program delivers tailored insurance solutions to meet every franchise business’s needs, offering a wide range of insurance products and services covering property & liability, auto & delivery, workers compensation, and health & life coverage specifically for the franchise industry.
Key areas covered by the Program’s insurance solutions include Property & Liability, Auto & Delivery, Workers’ Compensation, and Health & Life Coverage. As well as helping customers ensure that their business assets and operations are adequately protected, it also offers liability policies protecting against libel (whether through personal or advertising injury), damage to property rented to an insured customer (fire damage legal liability), products and completed operations and medical expenses. As an independent agency, the Program has access to multiple companies, enabling it to offer its clients a wide selection of products to choose from at a competitive price.
About The LDPI Franchise Program
The LDPI Franchise Program is a Trusted Choice® independent insurance agent and is a premier vendor of franchise insurance to franchisors and franchisees nationwide. The team, which operates with major insurance companies, has more than 60 years of combined experience in serving some of the most popular franchise brands in the U.S., helping to manage business risk and safeguard against the unexpected.
In 2011, Love, Douglas & Pope, Inc. merged with Pointe North Insurance Group, LLC, allowing the LDPI Franchise Program (now part of the member of Pointe North Insurance Group, LLC as a result) to further expand its portfolio of franchise insurance products and offerings. The LDPI Franchise Program is a member of the International Franchise Association (IFA).
Contact
Vicky Miller, Manager of The LDPI Franchise Program
Telephone: 1-800-741-5374
Website: www.insuranceforfranchises.com
Insuranceforfranchises.com
Vicky Miller
1-800-741-5374
vmiller@ldpi.com
Source: EmailWire.Com 
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