Looking for the best Cannabis Insurance?
We Insure Things has you covered. Whether you need insurance for your marijuana dispensary, supplies, commercial building, or other marijuana based coverages, we are the go-to agency for cannabis insurance across the country.
The Benefits of Cannabis Insurance in Arizona
Cannabis insurance is a must for any business owner in the cannabis industry. There are many benefits to having this type of insurance, including protection from liability, product liability, and property damage. Cannabis insurance can also help to pay for legal fees and expenses associated with compliance with state and local laws. In addition, cannabis insurance can provide coverage for employee theft and vandalism.
Why You Need Cannabis Insurance
As a business owner in the cannabis industry, you need to be protected from a variety of risks. These risks include liability for people who may be injured on your property, product liability for injuries or illness caused by your products, and property damage. Cannabis insurance can help you pay for these risks, as well as the costs associated with complying with state and local laws. In addition, cannabis insurance can provide coverage for employee theft and vandalism.
Types of Coverage Available
There are a variety of coverage options available through cannabis insurance policies. These options include general liability, product liability, property damage, workers’ compensation, and business interruption. You can also purchase a policy that covers all of these risk factors or purchase separate policies for each type of coverage. Speak with an agent about the best coverage options for your business.
How to Get Cannabis Insurance
You can get cannabis insurance through a variety of insurers. Some insurers specialize in insuring businesses in the cannabis industry, while others offer general commercial policies that include coverage for businesses in the cannabis industry. When shopping for an insurer, it is important to compare rates and coverage options to find the best policy for your business. You can learn more about finding the right insurer for your business by speaking with an agent who specializes in cannabis insurance.
Cannabis insurance is essential for any business owner in the cannabis industry. There are many benefits to having this type of insurance, including protection from liability, product liability, and property damage. Cannabis insurance can also help to pay for legal fees and expenses associated with compliance with state and local laws. In addition, cannabis insurance can provide coverage for employee theft and vandalism. Speak with an agent about the best coverage options for your business today.
Common Cannabis Coverages for Business-owners
- General Liability
- Product Liability
- Auto (Primary/Excess)
- Umbrella (Primary/Excess)
- Workers’ Compensation
- All Risk Property
- Inland Marine
- Miscellaneous & Manuscript
- Director & Officer
- Kidnap & Ransom
- Professional Liability
As you can see, there are a wide range of possible coverages you may need if you are conducting business in the marijuana industry.
Because the cannabis industry is relatively new, most business-owners have no idea what the possible risks and exposures are, and certainly don’t know what type of insurance they need. What’s more, not all insurance companies will insure cannabis-based businesses.
That’s where We Insure Things comes in. We have deep and vast knowledge of the cannabis industry, and have a number of financially stable cannabis insurance companies who we have access to.
This makes the process of finding the right insurance for your cannabis business simple, efficient, and cost effective. In fact, we do all of the work for you.
How much does Cannabis Insurance Cost?
The cost of cannabis insurance can vary based on a number of different variables. The location of the business, the revenue, and other operational factors. Part of what we do when we help our clients is dig a bit deeper into the business processes so we know exactly what type of coverage you need (and don’t need).
Insuring an Emerging Market
The growth of the cannabis industry over the past 5 years has been incredible, and the amount of different insurable risks that appear each day is astounding. Here are a few different categories of the cannabis industry that we can insure:
- Ancillary Cannabis Businesses
- Cannabis Infused Product Manufacturers
- Marijuana Dispensaries
- Marijuana Events
- Marijuana Growers
- Marijuana Landlords
- Medical Marijuana Physicians
- Hemp Insurance and Cannabidiol (CBD Insurance)
What to do next?
To get the cannabis insurance process started, head over to our quotes page where you can give us some information on your business and we will start the process from there.