Insuring cannabis cultivators, processors, and retailers requires industry expertise. The cannabis industry is emerging and adequate coverage is not easily found for these businesses. While many mainstream carriers will not insure your business, we have established a wide range of financially stable, national insurance brands that will.

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When it comes to insuring a business within the marijuana industry, one size does not “fit all.” Our Cannabis Insurance Specialists will take the time to discover your needs and find the best coverage options within your budget. Think of us as your insurance concierge. We will do the time consuming research for you, handle all the details and negotiate on your behalf to make sure that your business is adequately covered.

Industries Covered:

INSURANCE PRODUCTS:

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• DISPENSARIES (MEDICAL & RECREATIONAL)

• GROWING OPERATIONS (INDOOR, OUTDOOR, GREENHOUSE)

• LANDLORDS

• TRANSPORTERS

• WHOLESALE/DISTRIBUTORS

• OIL AND EDIBLE MANUFACTURERS

• DELIVERY SERVICES

• LABORATORY TESTING

• CONSULTANTS

• ONLINE RETAILERS

• PROPERTY MANAGEMENT

• GARDEN/HYDROPONIC STORES

• TOBACCO RETAIL STORES

• CBD/HEMP-RELATED INDUSTRIES

• GENERAL LIABILITY

• COMMERCIAL PROPERTY

• PRODUCT LIABILITY

• PREMISES LIABILITY

• LOSS IF INCOME

• EQUIPMENT BREAKDOWN

• DUTY TO DEFEND

• WORKERS COMPENSATION

• PROFESSIONAL LIABILITY

• CARGO/ MTC

• STOCK THROUGHPUT

• CROP COVERAGE

• CRIME AND EMPLOYEE DISHONESTY

• DIRECTORS & OFFICERS

• EMPLOYMENT PRACTICES LIABILITY

• DATA BREACH

• CYBER

• EMPLOYEE BENEFITS

• CA CANNABIS BONDS

General Liability

Coverage Highlights

• Occurrence Form (CG-ISO)

• Duty to Defend

• $0 deductible options for renewing IICH policies

• Waivers of Subrogation – NO CHARGE

• Primary wording – NO CHARGE

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Coverage Options

• $1,000,000 / $1,000,000

• $1,000,000 / $2,000,000

• $2,000,000 / $2,000,000

• All the way to $5,000,000

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Endorsements

• Pesticide & Herbicide Applicators

  • $50,000 Occurrence / Aggregate

  • $250,000 Occurrence / Aggregate

• HNOA Endorsement $1,000,000

• Additional Insured Certificates

• Vendor Certificates

• Waiver of Subrogation

• Primary Wording

• Hired and non – owned automobiles

Approved Classifications

• Cultivation (Indoor and Greenhouses)

• 3rd Party Processors / Harvesters

• Manufacturers

• Wholesale / Distributors

• Transporters

• Retail

• Management offices

• Landlords – LRO

• Smoke shops

• Garden / Hydroponic stores

Deductible Options

• $0

• $500

• $1,000

• $2,000

• $2,500

• $5,000

Commercial Property

Coverage Highlights

• CP ISO forms

• No sub limit for Cannabis Inventory when on the premises

• Outdoor BPP is approved

• No maximum number of locations – add as many locations as you need to with no restrictions

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Coverage Options

• Coverage limits up to $10,000,000 Per location

  • Real Property

  • Business Personal Property

  • Cannabis Inventory

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Endorsements

• Commercial Property Endorsement Premiums

  • Form A – $500.00

  • Form B – $750.00

  • Form C – $1,000.00

• Commercial Property Endorsement – Coverage Summary

  • Account Receivable

  • Employee Dishonesty

  • Money & Securities

  • Property in Transit

  • Property off – Premises

  • Spoilage

  • Valuable Papers and Records

  • Outdoor Property (Fencing, Signs)

  • Outdoor Property (Trees, Shrubs, *Plants)

  • Personal Effects of Others

  • Loss Payee

Approved Classifications

• Cultivation (Indoor and Greenhouses)

• 3rd Party Processors / Harvesters

• Manufacturers

• Wholesale / Distributors

• Transporters

• Retail

• Management offices

• Landlords – LRO

• Smoke shops

• Garden / Hydroponic stores

Deductible Options

• $2,500

• $5,000

• $10,000

Product Liability

Coverage Highlights

• Covered Products

  • Scheduled Cannabis, Hemp, and CBD Products

  • None – Cannabis, Hemp, and CBD Products i.e.

• Equipment – Manufacturers

• Duty to Defend

• Product Withdrawal Reimbursement of Expense (Endorsement is Required)

• Multiple Deductible Options

• No Charge for Waivers of Subrogation

• No Charge for Primary Wording

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Coverage Options

• $1,000 (only offered on $100,000 limits)

• $5,000

• $10,000

• $25,000

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Endorsements

• RETROACTIVE DATE – (up to 5 years)

• Additional Insured Certificates $100.00

• Waiver of Subrogation – no charge

• Primary Wording – no charge

• Vendor AI Certificates

• Commercial Product Withdrawal

Approved Classifications

• Cultivation (Indoor and Greenhouses)

• Manufacturers

• Retail

• Management offices

• Garden / Hydroponic stores

Deductible Options

• $2,500

• $10,000

• $50,000

Excess Liability

Coverage Highlights

• Coverage limits up to $4,000,000 over the primary GL limits

• Coverage is provided by the same General Liability carrier for ease coverage

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Coverage Options

• $1,000,000 / $1,000,000

• $2,000,000 / $2,000,000

• $3,000,000 / $3,000,000

• $4,000,000 / $4,000,000

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Deductible Options

• $2,500

• $10,000

• $50,000

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Approved Classifications

• Cultivation (Indoor and Greenhouses)

• 3rd Party Processors / Harvesters

• Manufacturers

• Wholesale / Distributors

• Transporters

• Retail

• Management Offices

• Landlords – LRO

• Smoke Shops

• Garden / Hydroponics stores

Notes

• Excess limits do not extend over Product Liability or any other policy other than International Insurance Company of Hannover SE’s General Liability policy.

• Excess also does not extend over HNOA endorsement.

Endorsements

• RETROACTIVE DATE – (up to 5 years)

• Additional Insured Certificates $100.00

• Waiver of Subrogation – no charge

• Primary Wording – no charge

• Vendor AI Certificates

• Commercial Product Withdrawal

Crop insurance

Coverage Highlights

• Occurrence Form (CG-ISO)

• Duty to Defend

• Waivers of Subrogation – NO CHARGE

• Primary wording – NO CHARGE

Coverage Options

• $1,000,000 / $1,000,000

• $1,000,000 / $2,000,000

• $2,000,000 / $2,000,000

Endorsements

• Pesticide & Herbicide Applicators

• HNOA Endorsement

• Additional Insured Certificates

• Vendor Certificates

• Waiver of Subrogation

• Primary Wording

• Hires and non-owned automobiles

Approved Classifications

• Cultivation (indoor and Greenhouses)

• 3rd Party Processors / Harvesters

• Manufacturers

• Wholesale / Distributors

• Transporters

• Retail

• Management offices

• Landlords – LRO

• Smoke shops

• Garden / Hydroponic stores

Deductible Options

• $0

• $2,500

equipment breakdown

Coverage Highlights

• Perishable Goods

  • Physical damage to “perishable goods” due to spoilage

  • Physical damage to “perishable goods” due to contamination from the release of refrigerant, including but not limited to ammonia

  • Any necessary expenses incurred to reduce the amount of loss under this coverage to the extent that they do not exceed the amount of loss that otherwise would have been payable under this coverage

• Extra Expense

  • Reasonable and necessary “extra expense” to operate your business during the “period of restoration”

• Service Interruption

  • Loss and expense as defined under Business Income coverage and Extra Expense coverage that is the result of an “interruption of service”

  • The interruption must result from an “accident” to “covered equipment” owned by a company the insured has a contract with to supply covered services.

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Coverage Options

• Total Insured Value (TIV) – up to $10,000,000 per location

• Loss of Income – up to $1,000,000

• Data Breach – YES

• Identity Recovery – YES

• Admitted Paper – YES

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Approved Classifications

• Retail Operation

• Landlord / Building Owner

• Greenhouse Operations

• Food manufacturing Operations

Deductible Options

• $500

Enhancements

• 150% Environmental, Safety and Efficiency improvements coverage – included

• $25,000 Mold coverage – included

• Worldwide Off – Premises Property Damage – included

• $25,000 Green coverage – included – in addition to any loss payable under the 150% ESE coverage referenced above.

• Civil Authority CBI coverage – included

• Brands and Labels, cover cost of relabeling – included

• Anc

Workers Compensation

Coverage Highlights

Provides wage replacement and medical benefits to employees injured during the course of employment in exchange for mandatory relinquishment of the employee’s rights to sue his or her employer for the tort of negligence.

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Deductible Options

• $1,000

• $2,500

Approved Classifications

• Cultivators (Indoor and Greenhouses)

• Processors / Harvesters

• Manufacturers of cannabis products and equipment

• Wholesaler / Distributors

• Transporters

• Dispensaries / Retail

• Laboratories

• Property Managers

• Landlords / Building Owners

• Garden / Hydroponic Stores

• Cannabis Schools / Events