Every business in the supply chain can face lawsuits related to its products, which is why cannabis processors need to make sure they're protected. Business insurance covers legal costs when a customer is harmed by marijuana or edibles. It also helps your business recover from fires, theft, and employee injuries.
A general liability policy protects against basic third-party risks, such as a client who trips and suffers an injury at an extraction lab or other processing facility. Some states require this coverage for cannabis businesses.
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 or CBD.
Learn more about product liability insurance.
Commercial property coverage helps pay for property damage and loss, such as a fire that destroys a CBD extraction machine. Landlords often require business owners to carry this coverage.
Learn more about commercial property insurance.
It's easy to get cannabis processing business insurance if you have your company information on hand. Our agent will ask for basic facts about your 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.