Cannabis cultivation comes with a lot of risk. A fire could destroy your equipment, or someone could break into your greenhouse and steal your plants. Business insurance provides a financial safety net against property damage, medical bills, and lawsuits. It also covers risks specific to the cannabis industry, such as adverse reactions to your product.
Learn more about general liability insurance.
Product liability coverage provides financial protection against lawsuits related to your products. For example, it will help pay legal costs if a customer sues over an adverse reaction to marijuana.
Learn more about product liability insurance.
Commercial property coverage helps pay for property damage and loss, such as a fire that destroys your marijuana plants, equipment, or greenhouse. Landlords often require business owners to carry this coverage.
Learn more about commercial property insurance.
This policy covers the legal costs and property damage in accidents involving your cannabis business's vehicle. It also covers vehicle theft and vandalism.
Learn more about commercial auto insurance.
Most states require workers' comp for any business that has employees. It also protects sole proprietors from work injury costs that personal health insurance might deny.
Learn more about workers' compensation insurance.
A bond guarantees your cannabis business will fulfill the terms of its contracts and pay its suppliers. Many states require a surety bond as part of licensing requirements.
Learn more about surety bonds.
It's easy to get business insurance for your cannabis farm if you have your company information on hand. Our agent will ask for basic facts about your cultivation business, such as revenue and number of employees.
Insureon's licensed insurance agents work with top-rated U.S. providers to find cannabis insurance coverage that matches your business's risks and budget. Contact our licensed cannabis insurance specialist to get started.