With each customer at your smoke shop, there's a risk of someone getting injured – or stealing vaporizers and other items. Business insurance can cover unexpected slip-and-fall injuries, product lawsuits, theft, and fire damage. Some policies, like workers' comp, may be required by law.
These insurance policies cover common risks faced by smoke shops.
A BOP bundles commercial property coverage and general liability coverage in one plan. It's often the most cost-effective type of commercial insurance for a small smoke shop.
A general liability policy covers the most common smoke shop risks, such as a customer injury at your store. Bundle it with commercial property insurance for savings in a BOP.
Most states require workers' comp for smoke shops and cigar shops that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps tobacco and vape stores survive data breaches and cyberattacks. It's recommended for any retail store that handles credit card numbers or other sensitive data.
When a smoke shop reaches its policy limit, umbrella insurance (similar to excess liability insurance) boosts coverage on general liability, commercial auto, or employer’s liability insurance.
Commercial auto insurance is usually required for business-owned vehicles. It covers costs if your tobacco shop's truck or other vehicle gets into an accident.
It's easy to get smoke shop business insurance or cannabis business insurance if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your vape or tobacco store, whether you work independently or hire employees.